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Finance

Bay FC smash women’s transfer record with $860k signing of Kundananji

February 14 – Zambia’s Racheal Kundananji has become the most expensive women’s footballer in history after joining Bay FC from Madrid CFF for $860,000 (£685,000) on a four-year deal.

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Finance

Premier League approves Ratcliffe £1.02bn stake in Man Utd

February 14 – British billionaire Jim Ratcliffe’s purchase of a 25% stake in Manchester United has been approved by the Premier League.

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Finance

Brazil’s Caixa bank refuse Corinthians £85m offer to pay off Neoquimica Arena debt

February 13 – Brazilian bank Caixa has refused a proposal by Corinthians to pay off the Neoquimica Arena, the club’s home ground since the 2014 World Cup. 

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Finance

Winter chill as Premier League clubs cut transfer spend to £100m in January window

football money

February 2 – Spending by Premier League clubs in January dipped significantly after three successive record-breaking windows – with teams splashing out £715 million less than in same 2023 period.

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Finance

Levski Sofia creates newco to manage stadium rebuild and secure all commercial rights

February 2 – Bulgarian club Levski Sofia have created a new company to manage the reconstruction of the club’s new Georgi Asparuhov stadium, which is being built on the site of the old stadium which will be levelled.

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Finance

Hibs given SFA greenlight to take new investment cash from Foley

February 1 – Scottish Premier Leagues side Hibernian have had permission granted by the Scottish Football Association (SFA) board to bring on Bournemouth’s billionaire US owner Bill Foley as a minority investor.

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Finance

FIFA’s international transfer report charts record $9.63bn spent in 2023

January 31 – Clubs worldwide spent a record $9.63 billion on international transfers last year, surpassing the previous record set in 2019 by more than $2 billion.

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Finance

Porsche cleared to take 10% stake in Bundlesliga’s VfB Stuttgart

January 30 – Germany’s DFL has approved the acquisition of 10.41% of Bundelsiga side VfB Stuttgart by sports car manufacturer Porsche.

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Finance

Show me the money. Qataris angry over claims they weren’t as loaded as they pretended

January 30 – Qatari banker Sheikh Jassim bin Hamad al Thani is reported to be seeking legal advice after claims he didn’t provide proof of funds when trying to buy Manchester United.

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Finance

Transfer talk: Winter window closing but no sign of big money deals

money

January 27 – As the curtains of the transfer window edges nearer to closing until the summer, Premier League clubs continue to be linked with high-profile moves, as fans wait for their sides to finally start to splash some cash.

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Finance

Transfer talk: As the window does anyone know what’s on Mbappe’s mind? Does he?

January 26 – With the January transfer window closing in five days – and with not much business done – the longest running story of where  France forward Kylian Mbappe plays next, is still unresolved. He has received an offer to join Real Madrid as a free agent in the summer and another to renew his contract with Paris St-Germain, but he remains undecided.

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Finance

Smart traders: Lille and Ajax wheel and deal, Barca and Chelsea spend, spend, spend

money and football

January 26 – France’s LOSC Lille and Netherlands’ Ajax head a ranking of clubs that are the smartest traders of non-academy players. At the other end of the scale Barcelona and Chelsea have lost the most money.

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Finance

Real Madrid beat Man City to top 2023/23 money league, PSG third

January 25 – Real Madrid have reclaimed top spot in the annual Deloitte Football Money League, beating last year’s league leader Manchester City by a slim €5 million.

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Finance

Transfer talk: Liverpool eye Kimmich; Saudis at door for Man Utd’s sale, Lukaku on move again?

January 25 – Liverpool have joined Manchester City in the race to sign FC Bayern want-away midfielder Joshua Kimmich. The highly-rated German international’s contract expires at the end of the season, with the 28-year-old unlikely to pen a new deal.

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Finance

Transfer talk: Hammers knocking on Phillips’ door, Man Utd look to off load Sancho and Antony to Saudi

January 23 – West Ham United are leading the race for in-demand 28-year-old Kalvin Phillips and are close to agreeing a loan deal with Manchester City for the England international.

Read more …

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