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Finance

Plymouth Argyle become 7th League One club to secure US investors

August 5 – NHL stars Victor Hedman and Ondrej Palat have invested in League One club Plymouth Argyle.

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Europe

Fabregas commits to Serie B club Como as player and shareholder

August 2 – Former Arsenal star Cesc Fabregas will become a shareholder at Italian Serie B club Como following his move to Italy. 

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Digital platforms

Socios.com buys $100m stake in Barca Studios as club accelerates Web3 and blockchain strategies

August 2 – FC Barcelona has sold a 24.5% stake in Barca Studios, the club’s digital content and distribution hub, for $100 million to blockchain technology provider Chiliz.com, owner of the Socios.com Fan Token and NFT platform.

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Finance

Real Madrid, Liverpool and Spurs load up on high value South Americans for new season

July 27 – There are 218 players from South America currently playing in Europe’s Big Five leagues, 100 of them from Brazil and 70 of them playing in Spain’s LaLiga.

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Finance

Barca raise further €310m with additional 15% sale of future TV cash to Sixth Street

July 22 – Spanish giants Barcelona have sold another 15% of their La Liga television rights to US investment firm Sixth Street to generate funds to spend in the transfer market.

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Finance

Same old Chelsea, always spending. US owners raise another £800m

July 22 – Chelsea’s new owners have raised £800 million in debt to help with future planning in the post-Abramovich era, focusing on revamping the squad and infrastructure.

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Finance

Zhang’s liability for unpaid $225m debt raises questions over Inter Milan’s future

July 21 – Inter Milan owner Steven Zhang has failed to wriggle out of $255 million of outstanding debts held by Suning Xiaodian, loans that he personally guaranteed.

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Finance

AC Milan €1.2bn sale stalled in US court as Elliott accused of keeping shareholders in dark

AC Milan

July 19 – A US judge has authorised a minority investor in AC Milan to obtain documents in a legal effort to block the hedge fund Elliott Investment Management LP from completing a €1.2 billion sale of the newly crowned Italian champions.

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Finance

Mbappé at €230m is world’s most valuable player, €80m more than Haaland and Foden

July 15 – Kylian Mbappé has returned to the top of a ranking of the most valuable players in the world, with an astonishing market value of €230 million. This is more than €80 million more than the Manchester City duo Erling Haaland (€143 million) and Phil Foden (€140 million).

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Finance

Fifpro issues red list of countries where players risk going unpaid

July 6 – Global football players union Fifpro has warned footballers about “systematic and widespread contractual violations” in football, singling out Algeria, China, Greece Libya, Romania, Saudi Arabia and Turkey as countries where these risks are high. 

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Finance

City Football Group confirm Italian ambition with €13m Palermo buy

July 4 – City Football Group have confirmed the acquisition of a majority stake in Palermo FC who will play in Serie B next season having worked their way back from Serie D having been relegated for declaring bankruptcy in 2019.

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Finance

Barca confirm €207.5m sale of stake in TV rights to Sixth Street

Barcelona logo

July 1 – Barcelona have confirmed the sale of a 10% stake in their LaLiga TV rights for the next 25 years to US private equity firm Sixth Street.

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Europe

Mexico’s Groupo Orlegi takes control of Spanish second tier’s Sporting Gijon

June 29 – Mexican consortium Grupo Orlegi has expanded its portfolio of football clubs following the acquisition of the Spanish second-division club Sporting Gijon.

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Finance

Barca to sell off 10% of media rights for €200m

Barcelona logo

June 28 – Barcelona are reportedly on the verge of signing a €200 million sell off of 10% of their TV rights to US investment firm Sixth Street.

Read more …

Finance

Derby County saga closing with property developer Clowes promising a rebuild

Derby County

June 27 – Just weeks after American businessman Chris Kirchner pulled out  of a deal to buy the club, local property developer David Clowes has had his bid to purchase former English champions Derby County accepted, bringing to an end months of uncertainty and turmoil.

Read more …

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