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Finance

Not so hot summer transfer window still sees Premier League dominate spending

money and football

August 30 – With the summer transfer window closing tonight, data from the CIES Football Observatory shows transfer spend 13% down on the same period in 2023.

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Finance

With bank interest rates hitting 55%, Trabzonspor opts for capital increase

August 28 – Ertuğrul Doğan, the president of Turkey’s Trabzonspor, is withdrawing the club from its loan agreement with the Banks Association of Turkey and instead raising money through an increase in capital.

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Finance

Textor closing in on Everton deal, but still needs to offload Palace stake

August 22 – John Textor is closing in on an agreement in principle to buy Premier League Everton from Farhad Moshiri, but he has yet to complete on a buyer for his 45% stake in Crystal Palace.

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Finance

Mbappé holds his hands out for PSG’s alleged unpaid €55m

August 21 – Kylian Mbappé is reported to have contacted UEFA over millions of unpaid fees allegedly due to him from his previous club, Paris St Germain.

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Finance

Transfer talk: Saudis keep their hands in their pockets as Euro clubs feast on young player market

August 19 – With the new season underway in the wake of the summer’s international action, the movings of the transfer market continue to build pace with the end of the window in sight.

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Finance

Ed Sheeran buys minority stake in Ipswich Town

August 16 – Singer-songwriter Ed Sheeran has secured a minority stake in Premier League club Ipswich Town. A lifelong fan of the Tractor Boys, Sheeran has acquired a 1.4% share in the newly promoted side.

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Finance

Transfer talk: Chelsea turn focus to Osimhen, Ajax ponder Ramsdale deal

August 15 – After failing to agree terms with Samu Omorodion earlier this week which saw a move for the Atletico Madrid striker collapse, Chelsea have returned their focus to Nigeria and Napoli attacker Victor Osimhen. The player has also been strongly linked with PSG, who have since pulled away from negotiations.

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Finance

Masters says Man City case needs resolution as Premier League trials new financial controls

August 14 – Premier League chief executive Richard Masters says “it is time” for Manchester City’s 115-charge case to “resolve itself” as the long-awaited hearing looks set to begin next month.

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Finance

Everton’s long-tailed sale could keep the door open for Textor’s Eagle Holdings to swoop

August 13 – Eagle Holdings owner John Textor has reconfirmed his interest in Premier League Everton, describing the club as a “great, authentic English club”.

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Finance

Serie A new boys Venezia rap their way to €40m of new money

August 13 – Canadian rapper Drake has officially become an investor in Venezia FC, newly promoted to Serie A, by joining global investment firm APEX. 

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Finance

Vinícius turns down €1bn Saudi offer to stay at Real Madrid

August 13 – Real Madrid’s Brazilian star Vinícius Júnior has rejected the chance to leave the club  and move to Saudi Arabia on a contract which would have been worth almost €1 billion over five years, according to Spanish reports.

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Finance

Transfer talk: Liverpool miss target, Chelsea keep spending, Saudis yet to make their moves

Anfield

August 13 – Liverpool’s high-profile deal for Real Sociedad’s Martin Zubimendi has collapsed after the 25-year-old opted to remain at his boyhood club On an improved contract. 

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Finance

Bulgaria’s Maritsa Plovdiv appeals to fans for financial support

August 12 – Maritsa Plovdiv, one of Bulgaria’s best-known clubs, is facing bankruptcy. After being relegated to the third league and the withdrawal of the club’s main sponsor, financial support for the club looks to have dried up.

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Finance

Winkelman exits MK Dons as Kuwaiti investor takes reins

August 12 – MK Dons have officially transitioned to new ownership under a Kuwait-based consortium, marking the end of Pete Winkelman’s 21-year tenure as the club’s owner. 

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Finance

Transfer talk: High spending Hammers nail key targets

August 9 – West Ham have been busy in the transfer market this week, securing three top deals in the form of Niclas Fullkrug (€27 million from BVB), Crysencio Summerville (€30 million from Leeds) and Guido Rodriguez on a free from Real Betis.

Read more …

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