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Finance

LaLiga challenges Premier League, as transfer spend rockets in Spain but drops across big-5

money flying

August 5 – Total transfer spend in Europe’s big-5 leagues in 2018 dropped by 2.4% to €5.82 billion, with English Premier League clubs accounting for 36.5% of the spend.

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Finance

Brazilian striking legend Ronaldo scores a €30m stake in LaLiga’s Valladolid

September 4 – Former Brazilian striker Ronaldo has bought a 51% stake in in LaLiga side Real Valladolid for €30 million.

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Finance

£350m for Watford? Pozzo turns down £125m share sale

September 3 – Premier League Watford’s Italian owner Gino Pozzo (pictured) has reportedly turned down a £125 million offer for 37.5% of the club from US media investment company Pacific Media Holdings.

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Finance

AC Milan could reach deal new deal with UEFA to satisfy past  FFP rule breaking

AC Milan

September 3 – The rollercoaster financial and ownership ride of AC Milan’s progress into this Europa League under the club’s new management group looks to be taking a further positive step for the club.

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Finance

Blackbridge and SportyCo combine to offer cryptocurrency opportunity to clubs

August 31 – Cryptocurrency is increasingly making inroads into the commercial football club market with the latest announcement being a strategic partnership between investment finance dealmakers Blackbridge Cross Borders and blockchain technology business SportyFi, operator of the SportyCo platform.

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Finance

On/Off: Abramovich rumour mill fuels Chelsea sale and stadium rebuild talk

Roman Abramovich_18-05-121

August 28 – Chelsea owner Roman Abramovich is poised to restart plans to renovate the club’s west London stadium, Stamford Bridge, though it seems increasingly likely he will not be the owner once the stadium rebuild is complete.

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Finance

Own goal: Zlatan and Varner lose their shirt on A-Z fashion brand

August 23 – Not everything he touches turns to gold. Star striker Zlatan Ibrahimovic, now thumping goal in at the LA Galaxy in the US, has taken a hit himself and has closed his joint venture fashion label A-Z label.

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Finance

Socios.com builds capacity to push its blockchain solution into club market

August 22 – Socios.com, the blockchain technology that enables clubs to monetise their fan bases, has stepped up its push into the football business with the recruitment of Magnus Linder from Bettson to head club partnerships and business development.

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Finance

Premier League transfer spend drops £200m to £1.23bn, after 10-year growth bubble

money

By Paul Nicholson and Andrew Warshaw

August 10 – The amount spent in the summer transfer window by English Premier League clubs has fallen for the first time in eight years. Clubs spent £1.23 billion in the window that closed yesterday, a drop of £200 million, but still £180 million up on the net expenditure record of £685 million in summer 2016, according to Deloitte figures.

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Finance

Usmanov confirms Arsenal share sale at £29k per share – a £550m cash-out

August 8 – Arsenal’s second biggest shareholder Alisher Usmanov has confirmed that he is selling out to Stan Kroenke allowing the American mogul to take full control of the club.

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Finance

Kroenke’s £600m outguns Usmanov to take control at Arsenal

By Andrew Warshaw

August 7 – American billionaire Stan Kroenke, the major shareholder in Premier League Arsenal, looks set to buy the rest of the club in a deal that would value it at £1.8 billion but which, while unifying the shareholding under one owner, is already splitting opinion amongst supporters.

Read more …

Finance

Sporting go to CAS for €197m in unpaid transfer fees for runaway trio

August 3 – Sporting Club de Portugal have filed a complaint to FIFA and the Court of Arbitration for Sport (CAS) seeking €197 million in compensation for three players who terminated their contracts at the end of last season and subsequently signed for other teams as free agents.

Read more …

Concacaf

USL’s D3 train leaves for Chattanooga for 2019 arrival

August 2 – The fast-franchising USL has added Professional soccer is coming to Chattanooga as USL Division III today announced its sixth team for the league’s inaugural season.

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Finance

New launch agency offers fans a piece of the player trading action

August 1 – Football agent Jon Smith, one of the first of the so-called band of Super Agents, is behind a fund-raising for a new player agency that will be part-owned by fans.

Read more …

Finance

Premier League shirt sponsorships top record £313m in value

July 31 – Premier League clubs will generate a combined record £313.6 million for the 2018/19 from shirt sponsorships, according to a Sportingintelligence analysis, the ninth time they have conducted this report.

Read more …

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