July 25 – China’s Suning Sports, part of the Suning group of companies that owns Italy’s Internazionale, is moving more aggressively into the sports business with a find raising reported to have raised $600 million.
July 23 – In a rare ruling against football’s authorities, AC Milan have been reinstated into the Europa League next season after the Court of Arbitration for Sport (CAS) overturned UEFA’s decision to exclude them for infringing financial fair play (FFP) rules.
July 23 – Cristiano Ronaldo’s €117 million transfer from Real Madrid to Juventus has polarised opinion with car union protests over the ‘immoral’ size of his transfer and wages, and fan excitement at what he will bring to the Italian champions.
July 23 – Aston Villa is under new majority control after billionaire businessmen Naseef Sawiris and Wes Edens bought a reported 55% controlling stake in the club for £30 million from Chinese owner Tony Xia.
By Paul Nicholson
July 20 – Overseas fans in Russia for the World Cup spent about €1.3 billion between June 14 and July 16, according to a report by Russia’s Sberbank.
July 20 – Hannover 96 failed in its bid to get an exemption from Germany’s 50+1 ruling to allow the Bundlesliga club’s president Martin Kind (pictured) to take control, but has said it will appeal against the German Football League (DFL) ruling.
July 19 – France’s standout forward Kylian Mbappé is the most valuable under 21 player in the world, twice as valuable as England striker Marcus Rashford, according to a new report that values Mbappé at £170.2 million.
July 19 – Goals Soccer Centres has warned that the impact of extreme weather in the UK in first quarter of 2018 will leave full year financial results “materially below market expectations”.
July 19 – Barcelona have posted record revenues for the 2017/18 season and financial year of €914 million ($1.07 million). The club showed operating profit of €32 million, leaving net profit after tax of €13 million.
July 18 – Premier League Liverpool who completed a rebuild of their Main Stand at Anfield two seasons ago, are now focussing their construction attention on the £50 million redevelopment of the club’s Academy site in Kirkby which the club has said will now go-ahead.
July 13 – Juventus’ acquisition of Real Madrid and Portugal superstar for €112 million plus a €30 million per year salary, is not being welcomed everywhere in Italy.
July 12 – AC Milan’s Chinese buyer Yonghong Li has lost control of the club after US hedge fund Elliott Management announced it has taken over the Italian giants following Li’s failure to make a €32 million loan payment.
July 12 – The David Beckham-led investment group behind Miami’s Major League Soccer (MLS) expansion franchise may have been slow to secure the slot but is now gathering pace with meetings scheduled today with city officials regarding the plans for an ambitious new multi-use stadium complex.
July 11 – A massive self-indulgent risk for a 33-year-old or a masterstroke? The latest phase in the remarkable career of Cristiano Ronaldo has seen him join Juventus from Real Madrid for about €112 million, making him one the four most expensive players of all time.
July 10 – The brutal effect of financial fair play has been exposed by the case of Aston Villa who say they are having have to sell many of those who took the club to the verge of a lucrative return to the English top flight last season.