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Author: Paul Nicholson

No fans in Westfalenstadion pushes Dortmund to €72m loss

August 10 – German giants Borussia Dortmund have reported a loss of €72.8 million for the 2021/21 financial year, up from the €44 million loss reported in the previous year.

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Football Marketing

Parimatch Tech builds big in Premier League adding Chelsea to partner roster

August 10 – Premier League Chelsea have agreed a three-year partnership with online sports and entertainment gaming platform Parimatch Tech.

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Football Marketing

Online trading platform NAGA buys Sevilla shirt position

August 10 – German-based digital investment platform NAGA has taken the shirt front sponsorship of LaLiga’s Sevilla in a three-year deal starting this season. Seville have qualified for the Champions League.

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Finance

Newcastle’s £26m deficit completes grisly campaign for Premier League club finances

By David Owen

August 9 – Newcastle United, the Tyneside club still for now under the control of Mike Ashley, has finally published its accounts for the 2019-20 season, showing a pre-tax loss of £26 million.

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Europe

No-money Barca join Real Madrid in criticism of CVC’s €2.7bn LaLiga buy-in

August 9 – FC Barcelona has joined Real Madrid in protest against La Liga’s proposed CVC investment.

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Olympics

Brazil kit row as Olympic gold medallists wear Nike, not Peak, on podium

August 9 – The Brazilian Olympic Committee (COB) has vowed to take action against its victorious men’s team after the players failed to wear their official tracksuits at the gold medal ceremony in a dispute over rival sponsors.

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Europe

Messi on brink of PSG signing

August 9 – Lionel Messi is reported to be on the verge of joining Paris St. Germain after his 21-year association with his beloved Barcelona finally came to an end at the weekend.

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Performance

Man City still in hunt for £150m Kane

August 9 – Manchester City are reported to have stepped their interest in England captain Harry Kane, having already smashed the UK transfer record for an English player by purchasing Jack Grealish for £100 million.

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Africa

Somali football shows solidarity as JCCI mourns dead players from bus bomb attack

August 9 – Somali football has rallied round JCCI FC in an act of solidarity after a terrorist bomb planted on the JCCI team bus killed three and wounded others on July 31.

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Football Marketing

Kumho Tyre keeps wheels spinning on Bayer Leverkusen sponsorship

August 9 – Kumho Tyre has extended its sponsorship of German Bundesliga’s Bayer 04 Leverkusen, including its sleeve patch sponsorship for the DFB-Pokal which kicked off last weekend with Bayer beating Locomotive Leipzig 3-0.

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Football Marketing

Holland Casino secures Eredivisie betting deal in advance of deregulated Dutch market

August 9 – With the Dutch set to open up online gambling in the country from October 1, the state-run betting and gaming business Holland Casino has signed a deal four-year sponsorship deal with the top tier Eredivisie, second tier Keuken Kampioen Division and its broadcast partner ESPN.

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Finance

Concerns over Inter’s future as owner Zhang chased for $250m unpaid loans in Hong Kong court

By Paul Nicholson

August 6 – Inter Milan president Steven Zhang (pictured) is being pursued in a Hong Kong court for $250 million, according to documents filed August 2, 2021.

Read more …

Gold Cup 2021

Montagliani says Gold Cup has evolved and Concacaf’s old order is facing insurrection

By Paul Nicholson

August 6 – With the Gold Cup having finished in dramatic style after extra time in Las Vegas last Sunday, Concacaf president Victor Montagliani has reflected positively on a tournament that delivered theatre on the pitch and a series of record breaking metrics off it.

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Europe

Reports: UEFA raided pre-Euros by Swiss police, employees detained

August 6 – Multiple employees of UEFA were detained just months before Euro 2020 and two were arrested for months in a suspected case of corruption. 

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Finance

What do they really want? Real Madrid complain over LaLiga’s €2.7bn deal with CVC

real madrid

August 6 – Real Madrid have condemned the La Liga – CVC brokered deal that will see the private equity firm invest €2.7 billion in Spanish football in exchange for a 10% stake, with the Bernabeu giants calling parts of the deal “deceptive” and CVC “opportunistic”.

Read more …

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