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Finance

UEFA hands AC Milan one-year European ban as club battles with financial stability

AC Milan

June 28 – Any suggestion that UEFA only imposes hard-hitting sanctions on smaller clubs for breaching financial fair rules has been well and truly dashed by the announcement of a one-season European ban on Italian giants AC Milan.

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Finance

Caught between Rocco and a hard place. AC Milan financial future in the balance

AC Milan fans

June 27 – With AC Milan expecting to hear their fate this week over whether UEFA will sanction them with a ban from European football for breaking financial fair play rules, the club’s Chinese owner Yonghong Li appears to have walked away from a deal with US billionaire Rocco Commisso.

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Finance

Toulouse rumoured to be next addition to CFG club stable

June 26 – French Ligue 1 club Toulouse is reportedly in discussion with Manchester City owners City Football Group (CFG) with a view to joining the club group.

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Finance

AC Milan bail out? US Ricketts family step up to the plate with buyout interest

June 25 – The saga of the ownership and funding of debt-ridden Serie A club AC Milan has taken another turn with a potential new owner emerging in the shape of the Ricketts family from the US who own the Chicago Cubs Major League Baseball team.

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Finance

Foxes are new profit champions as Premier League smashes earnings record 

money flying

By David Owen

June 22 – This week’s belated publication of Crystal Palace’s accounts means that Insideworldfootball’s 2016-17 Premier League of Profits listing can at last be unveiled.

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Finance

Crystal Palace’s late, late show brings 2016-17 results season to a close

By David Owen

June 21 – Crystal Palace have finally rounded off the 2016-17 Premier League financial reporting season, posting a pre-tax profit of £11.8 million for a period that ended almost exactly a year ago.

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Finance

Cash-strapped Aston Villa owner Tony Xia clears way for share sale

June 21 – Aston Villa owner Tony Xia looks certain to either sell the club or a substantial stake in order to raise the £40 million needed to stay within financial fair play rules.

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Finance

Money maketh woman: Chelsea, Bayern, PSG, Arsenal and Man City set to dominate

June 19 –  The growth of the women’s club game has sparked a new area of stats and strategic data focus. One of the findings of a new report is that a financial divide between clubs is already starting to take place, a trend mirroring the men’s game.

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Finance

PSG clear FFP probe but need to raise €60m from player sales to meet 2018 audit

By Paul Nicholson

June 14 – Big spending Paris St. Germain have passed UEFA’s financial fair play (FFP) investigation for 2015, 2016 and 2017 but the club remains under the microscope for 2018 and could be forced to raise to €60 million through player sales to meet the regulations to avoid further scrutiny.

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Finance

Man Utd add Bayern to pre-season that includes AC Milan, Liverpool and Real Madrid

June 12 – Manchester United are turning pre-season team-building into a money making art form, confirming they will play Bayern Munich as the sixth and final match of the team’s pre-season preparations for the 2018-19 campaign. Man Utd will also face AC Milan, Liverpool and Real Madrid in the US in July.

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Finance

Based on player transfer values France will play England in 2018 World Cup final  

June 11 – The CIES Football Observatory has ranked teams participating in the Russia 2018 World Cup by their transfer values. Top of the table are France with a total squad value of €1.41 billion.

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Finance

European club game hits €25.5bn value with Premier League driving the growth

money bag

June 7 – The European football market in 2016/17 was worth a record €25.5 billion with the Big 5 leagues accounting for €14.7 billion.

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Finance

Spurs and England’s Kane is world’s most valuable player, Neymar is second

Harry Kane

June 7 – Neymar may hold the record as the most expensive transfer in football history, but he isn’t the most valuable player in the world. Tottenham’s Harry Kane holds that position, valued €3.7 million higher than the Brazilian money machine, according to a new ranking of the Top 100 players in Europe’s Big 5 leagues.

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Europe

UEFA earmarks record €2.04 billion for clubs in European competition next season

UEFA3

June 6 – UEFA will give a record €2.04 billion to clubs playing in the Champions League and Europa League next season, a more than €800 million increase on last season.

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Finance

Xia rethinks funding after Aston Villa’s play-off loss misses out on £160m payday

June 5 – Tony Xia (pictured), Aston Villa’s Chinese owner who bought the club from American Randy Lerner for £62 million in 2016, is looking for new funding for the club after failure to win the Championship play-off against Fulham that would have returned the club to the monied land of the Premier League.

Read more …

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