Sunderland’s Black Cats stray again into the red

By David Owen

May 5 – Relegated Sunderland have reported a loss as they prepare for life in the second tier of English football. The Wearside club reported an after-tax loss of £33 million for the year to 31 July 2016. This is down from a loss of £26.6 million the previous year.

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Former Disney boss Eisner ready to sprinkle stardust on Pompey revival

fratton park

By Paul Nicholson

May 2 – The story of Portsmouth Football Club has been more of a rollercoaster ride than a fairy tale in recent seasons. The club plummeted from the Premier League in 2010, sinking to Division 2 by 2014. During this time they went bust, changed owners and were rescued by fans. Now, despite a loyal and sizeable support, the club is struggling to keep its Fratton Park stadium open.

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Multi-club ownership finds new frontiers and strategies for investors

money

By Paul Nicholson

April 25 – Multi-club ownership has gained an increased profile with City Football Group’s (CFG) recent addition of Atlético Torque (Uruguay) to their portfolio, while Atlético de Madrid have invested in Atlético San Luis (Mexico) and AS Monaco have agreed to acquire Cercle Brugge KSV (Belgium). But is it the pathway to financial profit?

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Failed relegation fight took toll on Newcastle United profits

Newcastle United

By David Owen

April 17 – Newcastle United, the Tyneside club close to sealing an immediate return to the Premier League under big-name Spanish manager Rafa Benítez, have reported a sharp downturn in profits for their relegation season. Pre-tax profit plunged to £4.2 million for the year to 30 June 2016, against £36.2 million, the second-highest in the league, in 2014-15.

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