Finance Archives - Page 19 of 113 - Inside World Football

Matt Scott: Man City’s FFP-friendly accounts could take football down a rabbit hole

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In December 2014 Insideworldfootball columnist Matt Scott wrote the column re-published here. It was somewhat prophetic and shed light on a deep fear facing football at the time. Man City later survived UEFA’s financial interrogation and sanctions following an appeal to CAS. Matt will file a new column on the Premier League charges against the club later this week. Meanwhile the ‘what goes around comes around’ epithet springs to mind. And for Man City it looks to have come around again.

Finance

Premier League charges Man City with 100+ breaches of financial rules

February 6 – In an explosive development, the Premier League has charged Manchester City with more than 100 breaches of its financial rules following a four-year investigation that could potentially have serious consequences for the defending champions.

Finance

Doubts over whether Nigerian ‘billionaire’ has the cash for a £90m punt on Sheffield Utd

Sheffield United

By Paul Nicholson

February 3 – Touted as a Nigerian billionaire, on closer examination Dozy Mmobuosi, who is close to a reported £90 million takeover of Sheffield United, looks to be very far from it.

Finance

777 Partners agrees 5-year deal to take control of Melbourne Victory

February 3 – Melbourne Victory shareholders have backed a proposal that will allow US private equity investor 777 Partners to own up to a 70% stake in the club within five years.

Finance

Leicester owner writes off £194 million of debt in equity swap

February 2 – Many clubs have significant debts that are owed to owners and get paid off when the club is sold on.

Finance

Premier League clubs smash transfer spending records with £815m winter warmer

February 1 – Who says the mid-season winter transfer window is not the ideal time to bed players in?

Europe

Serie A clubs’ January transfer spending is lowest since 2006

February 1 – In contrast to the English Premier League, deadline day in Italy brought to an end a winter transfer window that saw the lowest spending by Serie A clubs in almost two decades.

Finance

Chelsea break British transfer record with €107m for Fernandez as Jan spending tops £300m

February 1 – Chelsea have completed their mind-boggling mid-season spending spree by smashing the British record after agreeing a record €121 million (£107 million) deal for Benfica’s Argentina World Cup-winning midfielder Enzo Fernandez.

Finance

Chelsea ready to spend again with £105m chase for Fernandez as transfer deadline closes

January 31 – As if their eye-watering spending wasn’t enough already, Chelsea are reported to be chasing Benfica’s Argentine midfielder Enzo Fernandez in the final hours of the January transfer window for a British record £105 million.

Europe

JP Morgan could go as high as €1bn for stake in Serie A’s media business, reports

January 27 – JP Morgan have added their names to a number of private equity investors interested in buying into Italy’s Serie A.

Finance

Chelsea double Man Utd’s transfer spend as Premier League splashes the cash

January 27 – Chelsea have spent more than double the amount of next biggest spending club Manchester United in the last two transfer windows.

FIFA

Man Utd top league of big spenders as transfers hit record numbers in 2022

January 26 – FIFA’s new Global Transfer Report “with all-time record-setting” numbers has unsurprisingly revealed the dominance and power of the English top flight in the market. The 2022 outlay on player transfers stood at $6.5 billion, still below the pre-covid 2019 record of $7.35 billion.

Europe

UEFA to shut door on FFP accounting loophole that spreads transfer fees beyond 5 years

January 25 – A loophole in financial fair play rules that has been used by big-spending Premier League Chelsea to sign players on longer than usual deals is to be slammed shut by UEFA.

Finance

Moshiri says Everton not for sale, but funding needed to complete stadium

January 25 – Everton owner Farhad Moshiri has denied reports that the club is up for sale but that he has been meeting investors to complete financing of the club’s new stadium at Bramley Moor Dock.

Finance

Mbappé worth €32m more than Haaland, Rashford on the rise as young players dominate valuations

January 25 – PSG and France superstar Kylian Mbappé is the most valuable player in the world and worth €32 million more than Man City’s Erling Haaland, according to the latest player valuations from Football Benchmark.