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Finance

Chelsea top PL earnings with £152.8m; Man City, Liverpool and Spurs break up old order

May 26 – Chelsea topped the table of Premier League revenue share from TV, commercial and merit awards with £152.8 million for the 2016-17 season. The season marked an earnings breakthrough for Manchester City who came second, ahead of rivals and perennial cash machine Manchester United who were down in fifth spot in terms of PL earnings.

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Finance

Juve and Porto head to Mexico for inaugural Super Copa Tecate

May 25 – With Europe’s giant clubs preparing for their pre-season invasion of the US for the International Champions Cup (ICC), Mexico is also looking to share in the Euro thirst for North America hosting Champions League finalist Juventus and Porto in the pre-season Super Copa Tecate.

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Finance

Mercurial Cellino exits Leeds leaving Radrizzani in charge of rebuilding

Leeds United

May 24 – After hiring seven managers and being banned three times, Massimo Cellino’s spell as owner of Leeds United is over, with Italian businessman Andrea Radrizzani taking charge of the giant English club which is still striving to get back to the top flight.

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Finance

Former Barca president Rosell arrested as his Brazil-focussed deal-making starts to unravel

Sandro Rosell

By Andrew Warshaw

May 23 – In a major development apparently linked to the ongoing United States probe into football-related corruption, former Barcelona president Sandro Rosell has been arrested, along with his wife, as part of a money laundering investigation.

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Finance

Wolfsburg run out of gas as uncertainty of VW funding leaves cloud over future

May 23 – The German top-flight team owned by Volkswagen face relegation for the first time in 20 years as the carmaker continues to suffer from the fallout of the emissions scandal.

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Finance

Eisner overtures chime at Pompey with supporters trust set to sell up

fratton park

May 23 – American billionaire businessman Michael Eisner is poised to take control of Portsmouth, one of English football’s most iconic but, in recent years, troubled clubs after its Supporters Trust (PST), which took control in 2013, voted to sell its 48.5 per cent share.

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Finance

Man Utd Tour 2017 keeps growing with addition of Dublin fixture

May 23 – Manchester United have added a seventh game to what is starting to look like a pre-season globetrotting marathon. They will play against Sampadoria in Dublin on August 2 at the Aviva stadium.

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Finance

Livingston £3.8m share issue to cut debt and raise cash to invest in squad and facilities

May 22 – Livingston, newly promoted to the Scottish Championship, is looking to raise up to £3.8 million via a share issue but the club says that there are no plans to pay investors a dividend. Shares are priced at £1 each.

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Finance

Marinakis takes control at Nottingham Forest and sets sights on return to ‘glory days’

By Paul Nicholson

May 18 – The long expected sale of Nottingham Forest has been completed with NF Football Investments (NFFI), headed by Olympiacos owner Evangelos Marinakis, taking 100% control.

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Finance

Chinese siblings take control at Reading and get a second shot at Premier League

May 17 – Chinese brother and sister Dai Yongge and Dai Xiu Li (pictured) who failed to complete on the acquisition of Hull City last year after the Premier League ruled against their deal, may become Premier League club owners after all having become the majority shareholders in Reading.

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Finance

Liverpool provide best value in Premier League, Man Utd worst

PL money ball

May 16 – Liverpool are the best value team for entertainment this season across all four English professionals divisions, according to an analysis by MyVoucherCodes.co.uk. In contrast Manchester United offer the worst value for entertainment at Old Trafford.

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Finance

Man Utd set up for big finish on and off the pitch as revenue forecast to hit £560m

Man Utd3

By Paul Nicholson

May 16 – Manchester United, setting themselves up for a Europa Cup final season finale, are also predicting a big year-end finish for their financials, forecasting a better than expected  financial performance.

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Finance

Manchester derby set for summer lift off in Houston

May 16 – The International Champions Cup are having a second shot at staging the first ever Manchester derby outside Manchester. This time the US organisers are looking to play the game at the NRG Stadium in Houston Texas.

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Finance

Spurs could play two seasons at Wembley if delays hamper White Hart Lane rebuild

May 11 – With Tottenham Hotspur rapidly ramping up commemorative events and merchandise for the club’s final game at White Hart Lane before the stadium is pulled down to make way for a new 61,559 seat arena, chairman Daniel Levy has said the club could now spend two years at Wembley while construction takes place.

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Finance

Monaco buy Belgium’s Cercle Brugge to develop talent and target top division

monaco stadium3

By Samindra Kunti

May 9 – Monaco have completed their takeover of Belgian club Cercle Brugge. The French purchased Brugge as a part of their youth development strategy, but also want to steer the club back to the Belgian top flight. 

Read more …

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