WSL revenues doubled but continued investment still needed, says report
June 20 – Women’s Super League (WSL) clubs generated £48 million in revenue over the 2022/23 season, a 50% rise on the 2021/22 season.
Finance
Textor completes Seattle Reign exit as Sounders reunite with an old flame
June 18 – John Textor’s Eagle Football Group has completed the $58 million sale of NWSL side Seattle Reign to the MLS’s Seattle Sounders and private equity firm Carlyle Global Investment.
AS Roma’s US owner Dan Freidkin set to add Everton to group
June 17 – Everton owner Farhad Moshiri has agreed a deal with US investor and AS Roma owner Dan Friedkin for his 94% majority shareholding in the club.
Italian prosecutors drop financial fraud case against former AC Milan owner Li Yonghong
June 14 – Milan prosecutors have asked for a case against former AC Milan owner Li Yonghong over alleged false accounting to be dropped after a lengthy investigation.
Aston Villa owner Naseef Sawiris threatens Premier league with legal action over ‘nonsensical’ financial rules
June 12 – The Premier League is potentially facing legal action from one of its club owners over its profit and sustainability rules.
Saudi royal joins consortium for £400m Everton bid
June 11 – Everton owner Farhad Moshiri has reportedly received a £400 million cash offer for the club from a consortium of international investors which include an unamed member of the Saudi royal family and high net worth investors from the US.
Everton sale sees US investors massing at the gates looking for a deal
June 10 – With the drawn-out acquisition of Everton by 777 Partners now firmly dead in the water, new suitors are gathering at Goodison’s gates, most of them with US money.
Premier League to trial two new spending cap systems next season
June 7 – The Premier League announced on Thursday that it will trial two new spending cap systems starting next season.
Mourinho’s arrival at Fenerbache adds £135m to club’s market cap
June 6 – Fenerbahce stock has soared after the Turkish League side appointed former Real Madrid, Chelsea and Manchester United coach Jose Mourinho.
Man City legally challenge Premier League financial rules claiming ‘a tyranny of the majority’
June 5 – English champions Manchester City have launched legal action against the Premier League ahead of their hearing over 115 charges of breaching financial rules.
Valencia progress financing of stalled Nou Mastella stadium build
June 5 – LaLiga’s Valencia CF say they have made significant progress in their long-running effort to complete their new stadium following the sale of land around the stadium site.
Watford launch digital share offering looking to raise £17.5m for 10% of club
June 5 – English Championship club Watford is looking to raise £17.5million via a digital share offering with part of the funding to be used to strengthen the playing squad.
New owners Oaktree Capital load up Inter Milan board with five of their own
June 5 – Having taken ownership of Italy’s Serie A champions on Internazionale on May 22, US investment fund Oaktree Capital Management has wasted no time taking control, appointing a new 10-person board.
Moshiri on the hunt for new buyer after 777 Partners deal for Everton collapses
June 4 – Everton, who managed to survive in the English Premier League despite a points deduction, have been plunged into further disarray following the collapse of the long drawn-out takeover of the club by US-based consortium 777 Partners.
Chelsea unveils plan to split women’s team business from men’s and bring in new investors
May 31 – With Chelsea Women entering a new era, and Sonia Bompastor replacing Emma Hayes who has already landed in the US for her new role as women’s national team manager, the club has unveiled a long-term strategic plan to develop the women’s team as a stand-alone entity to the men’s team and infrastructure.