Serie A’s Genoa sold to US investors 777Partners for $178m
September 24 – Genoa, Italy’s oldest professional football club, has become the sixth team in Serie A to come under US ownership. Two other clubs in Serie A have foreign ownership.
Finance
UEFA doubles Women’s Euro 2022, prize money; increases men’s club solidarity payments
September 23 – UEFA’s Executive Committee has doubled the prize money for the Women’s Euro 2022 championships as well as revamping its solidarity payments for the men’s club game.
Derby docked 12 points as losses mount and administrator scrambles to find a buyer
September 22 – Derby County, league champions twice in the 1970s and one of the grand old teams of English football, have been hit with a 12-point deduction after falling into administration.
Cambodian prince offers €100m for Saint-Étienne
September 22 – Cambodian prince Norodom Ravichak has expressed interested in taking over Saint-Étienne, reportedly offering €100 million for the Ligue 1 club.
Beckham and Mas brothers take InterMiami control with Ares-backed deal
September 21 – Ares Management Corporation, an American global alternative investment manager, has closed a $150 million preferred equity deal with Inter Miami CF.
Bleeding out: Juve to seek new money after posting record losses of €210m
September 20 – Juventus have recorded a mammoth loss of €209.9 million for the 2020/21 season, but still remain convinced of a future European Super League as the solution to the club’s deep financial problems.
Borussia Dortmund raises €86.5m via issue of new shares
September 20 – Bundesliga giants Borussia Dortmund has agreed to the raising of €86.5 million via an increase in share capital. The new money will be used to cover the economic impact of the global pandemic on its finances.
Derby hit new low as club goes into administration
September 20 – English championship club Derby County, twice crowned champions of English football back in the 1970s in the old first division, have filed for administration amid continued financial problems at the club.
Barca debt tops €1.35bn driven by out-of-control player wages. Laporta puts focus on youth
September 17 – Barcelona’s president has painted a grim picture of the full extent of the club’s financial crisis, saying its debt had risen to an eye-watering €1.35 billion.
FIFA’s ‘transfer snapshot’ shows $2.08bn drop in total revenue from 2019 high of €5.8bn
September 13 – With transferred players bedding themselves into their new clubs for the coming season, FIFA has published its International Transfer Snapshot (June – August 2021), that looks at player transfer activity during the last transfer window.
Billion $ Manchester. City and United top ranking of squad transfer cost
September 10 – Manchester City continue to top a ranking of club spending on transfer fees to assemble their squads, but Manchester United are getting close.
Serie A re-opening talks on €1.7bn of new finance
September 7 – Italy’s Serie A is reportedly back in the hunt for private equity finance plans with Bloomberg indicating they are looking to sell a €1.7 billion stake in the league’s new media rights business.
Pacific Media completes 7th club deal with Den Bosch acquisition
September 4 – The Pacific Media Group (PMG) has completed the takeover of Dutch club FC Den Bosch following the green light from the local licensing committee.
Premier League transfer spending drops but still tops £1bn
September 1 – English Premier League clubs spent over £1 billion in the summer transfer window that closed on Tuesday – but overall spending dropped for the second year in a row.
Real Oviedo opt -in to LaLiga’s new money deal; Barca, Real and Bilbao isolated
September 1 – Spanish second division club Real Oviedo have belatedly opted in favour of La Liga’s €2.1 billion agreement with private equity firm CVC.