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Finance

Turkish amateur club use Bitcoin to buy new player

January 31 – A Turkish amateur team claim they are the first club to have paid for a player with cryptocurrency.

Read more …

FIFA

Global transfer spend hits $6.37bn in 2017, says TMS report

money flying

By Andrew Warshaw

January 31 – As the winter transfer window in Europe draws to a close, the eye-watering scale of global spending on players has been laid bare by FIFA’s latest Transfer Market Report.

Read more …

Finance

Zenit Arena, Sochi and Spartak stadia all cost more than double Atlético’s magic Wanda

January 31- A review of the 30 ‘most prominent’ football stadia built in Europe over the past five years shows Turkey topping the list of countries developing their football infrastructure with nine venue. Russia, hosts of this year’s World Cup, is second with five stadia.

Read more …

Finance

London Football Exchange launches $350m cryptocurrency fundraising

By Paul Nicholson

January 30 – The London Football Exchange (LFE) has unveiled plans to launch its own cryptocurrency that will offer LFE token holders special discounts, exclusive offers, rewards and other club and league incentives.

Read more …

Concacaf

Beckham’s Miami MLS franchise launched with south Florida fanfare and 2020 target

By Andrew Warshaw

January 30 – It’s taken over four years but it’s finally happening. Not rumours, not heightened speculation but from the man himself. David Beckham’s long-awaited team in Miami is up and running.

Read more …

Europe

UEFA considers cap on agents fees to stop financial ‘hostage’ taking

uefa flag

January 24 – UEFA is considering imposing a cap on agents’ fees following a meeting of its Professional Football Strategy Group.

Read more …

Finance

Aberdeen close in on planning approval for £50m new stadium

January 24 – Scottish Premier League club Aberdeen look to be getting closer to approval for a new £50 million stadium and training complex to be built in the Kingsford area of the city.

Read more …

Finance

Man Utd retain world Money League title topping Real Madrid by just £1.7m

money

By Paul Nicholson

January 23 – Manchester United have kept the title as the world’s highest revenue generating club, again beating Real Madrid in a year in which the Spanish giants won La Liga and the Champions League.

Read more …

Finance

UEFA’s Čeferin floats club ‘luxury tax’ concept

By David Owen

January 22 – UEFA President Aleksander Čeferin has followed up the body’s latest Club Licensing Benchmarking Report, which documented growing disparities between Europe’s super-elite and the rest, by floating the idea of a “luxury tax”.

Read more …

Finance

Slave trading? Brazil with, 1,210, top expat players table; France export 732 – 90 to England

January 19 – With the Winter transfer window open but the market relatively cold in comparison to the last overheated Summer transfer window bonanza, the CIES Football Observatory has produced an analysis of the destinations of the players from the three main exporting countries of Brazil, Argentina and France.

Read more …

Finance

Manchester United top European net debt table with €561m

Man Utd piggy bank

By David Owen

January 18 – Manchester United has by far the highest net debt among European football clubs, according to the latest UEFA Club Licensing Benchmarking Report, published this week.

Read more …

Finance

Ashley rejects £250m Staveley offer for Newcastle, but club is still for sale

January 18 – Any buyer thinking they were going to get a knock-down price from Newcastle United owner Mike Ashley for the club should think again. While Ashley may be king of the sports leisure discount market with his Sports Direct chain, he is not necessarily looking for a quick turnover of the club at a giveaway price.

Read more …

Finance

UEFA report shows a business in rude health and a governing body holding a tiger by the tail

By Paul Nicholson

January 17 – European football has never had it so good, it’s official, and the latest UEFA Club Licensing Benchmarking Report backs this up with an impressive gathering of statistics and analysis that reports another financial year (2016) of 10% growth for the European game.

Read more …

Finance

Police find no evidence of crime in Barklay’s £15m move from Everton to Chelsea

January 17 – An investigation into claims by the mayor of Liverpool in the UK that there may have been fraud surrounding England midfielder Ross Barkley’s recent switch from Everton to Chelsea has failed to produce any evidence to that effect.

Read more …

Finance

UEFA’s cash keeps Europe’s champion clubs ahead of soaring wage bills

money flying

By Paul Nicholson

January 16 – Almost half of Europe’s champion clubs rely on UEFA competitions for 25% or more of their revenue, but it comes at a cost. For Real Madrid that was a 32% increase in staff costs to €406 million, the highest wage bill in world football and accounting for 61% of the club’s revenues.

Read more …

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