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Finance

Bundesliga clubs greenlight €1bn private equity money raise for commercial rights

December 12 – Germany’s Bundesliga and Bundesliga 2 clubs have greenlighted a proposal to raise an estimated €1 billion in private equity investment in return for a 20-year share in their commercial rights.

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Finance

Qataris sell minority stake in PSG to US private equity firm Arctos

December 7 – Qatar Sports Investment (QSI) has sold a minority stake in Paris Saint-Germain to US-based private investment firm Arctos Partners, the club confirmed on Thursday.

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Finance

Brentford owner Matthew Benham puts minority stake up for sale, reports

December 6 – Premier League Brentford’s owner Matthew Benham is reportedly considering the sale of a stake in the Premier League team.

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Europe

Sevilla shareholders agree €300m stadium expansion

December 6 – La Liga’s Sevilla have unveiled plans for a large-scale development of their Ramon Sanchez Pizjuan stadium.

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FIFA

Player agents win UK court case that scuppers FIFA’s new rules and protects big money transfer fees

December 1 – A court has ruled that FIFA’s new agency rules cannot be legally applied in the UK, putting the global rollout of the rules in their current into question. FIFA could end up shelving them completely while they lick their wounds from the legal loss.

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Concacaf

CSB sells York United franchise to Game Plan Sports Group who go ‘all in’ on Canadian league

December 1 – Canadian Soccer Business (CSB), the commercial arm of the Canadian Premier League (CPL), has sold the York United FC franchise to Game Plan Sports Group with the deal coming into effect immediately.

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Finance

DFL goes to clubs with new plan to raise $1.1bn for media rights business

November 28 – The on-off German Football League (DFL) venture into private equity markets is reportedly advancing again with the DFL having informed its 36 clubs that it has approached five financial investors.

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Finance

49ers Enterprises sells minority stake in Leeds to US venture capitalists Ackerley Partners

Leeds United

November 21 – 49ers Enterprises, owners of Leeds United, have sold a minority share in the club to US venture capitalists Ackerley Partners, owned by Chris and Ted Ackerley.

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Finance

Probe opened into Abramovich’s secret Chelsea payments

Roman Abramovich_18-05-121

November 16 – The Roman Abramovich era could come back to haunt Chelsea following reports that the club face possible sanctions over allegations of hidden payments linked to the club’s former Russian owner.

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Finance

Man City leapfrog Man Utd, posting record revenue of £712m

November 15 – After capturing their first treble last season, Manchester City’s success on the field has been matched off it with record profits and the highest ever revenue and wage bill for a Premier League club.

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Finance

Real Madrid members approve new €370m loan as stadium costs balloon to over €1bn

November 14 – Real Madrid’s shareholders greenlighted the board to raise a further €370 million loan to complete the renovation of the club’s Bernabéu stadium.

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Concacaf

Textor looks to offload NWSL’s OL Reign to MLS’s Seattle Sounders

November 10 – Seattle Sounders are reportedly in advanced talks to buy Seattle-based NWSL outfit OL Reign as the side looks ahead to its first ever shot at the NWSL Championship title against Gotham FC at the weekend.

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Finance

USL League One expands with launch of Brooklyn FC for 2025 debut

November 10 – The growth of the men’s professional club game in the US has not peaked. The USL’s third tier League One announced new franchise Brooklyn Football Club will begin play in the 2025 season.

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Europe

Levski starts to clear its Bulgarian tax mountain

November 10 – Bulgaria’s Levski Sofia has paid nearly BGN 2.5 million (€1.25 million) of its debt to the National Revenue Agency (NRA) in the last eight months, according to information given to shareholders at the club’s AGM this week.

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Finance

Textor refinances €320m of OL Group debt

Olympique Lyonnais badge

November 9 – OL Group has reached a preliminary agreement with a consortium of global financial institutions for the refinancing of the majority of the club’s debt and that of its subsidiary, Olympique Lyonnais SASU.

Read more …

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