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Finance

Spurs owner Joe Lewis indicted in US for insider trading

July 26 – Joe Lewis, the Bahamas-based British billionaire and veteran owner of Premier League Tottenham Hotspur, has been sensationally charged in New York with “orchestrating a brazen insider trader scheme”.

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Europe

Sam Baro buys €30m stake in Belgian Pro league’s AA Gent

July 21 – AA Gent will remain in Belgian ownership hands with Sam Baro taking control of the Flemish club, replacing current owner Ivan de Witte.

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Finance

San Francisco 49ers owners complete £170m takeover of Leeds

Leeds United

July 18 – The owners of the NFL’s San Francisco 49ers have assumed full control of English tier-2 club Leeds United after the English Football League formally approved a £170 million takeover by 49ers Enterprises.

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Finance

Haaland tops Mbappé as world’s most valuable player

July 18 – Manchester City’s Erling Haaland has overtaken PSG ‘want-away’ Kylian Mbappé as the world’s most valuable player, according to the latest update of Football Benchmark’s Player Valuation platform.

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Europe

Tan backs off from sale of KV Kortrijk after Kaminski Group misses first payment

July 10 – Belgian club KV Kortrijk will remain in the hands of owner Vincent Tan after a proposed takeover by the Kaminksi Group failed to be completed.

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Finance

Levski Sofia fans demand transparency over their donations to save the club

July 4 – Bulgaria’s Levski Sofia has reduced its debt to the National Revenue Agency (NRA) by nearly BGN 2 million (€1milion). Levski had come under criticism from fans for not providing any accounting for the donations from the supporters.

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Finance

TFG starts multi-ownership portfolio build, adding OGC Cannes to AS Roma

June 26 – The US owners of Serie A’s Roma, The Freidkin Group (TFG), have bought AS Cannes in the French fourth tier.

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Europe

Pandev completes sale of North Marcedonian club to Brera who unveil youth-focussed plan

June 27 – North Macedonian playing legend Goran Pandev has said the sale of FK Akademiya Pandev to Brera Holdings has been completed.

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Finance

Chelsea owners BlueCo start multi-club ownership with Racing Strasbourg buy

June 23 – Chelsea’s owners BlueCo have become shareholders in Ligue 1 club Racing Strasbourg, taking a first step in building a multi-club ownership model.

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Finance

Al Mubarak has ‘strong views’ on alleged FFP breaches, but keeps them to himself, for now

June 20 – Manchester City chairman Khaldoon Al Mubarak (pictured) has broken his silence on the raft of alleged financial charges facing the newly crowned European champions.

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Finance

Premier League combined revenues hit €29.5bn, almost double LaLiga’s

June 19 – The European football grew by 7% in the 2021/22 season to to €29.5 billion according the 32nd Annual Review of Football Finance published by Deloitte’s Sports Business Group.

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Finance

Share issue helps Bulgaria’s Levski Sofia repay its government taxes

June 15 – Bulgaria’s Levski Sofia have announced that nearly BGN 600,000 (€300,000) has been raised from the sale of shares.

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Europe

US investor Maciek Kaminski buys Belgium’s KV Kortrijk from Vincent Tan

June 13 – Following weeks of speculation, US property tycoon Maciek Kaminski (pictured) has acquired Belgian club side KV Kortrijk for €17.5 million from Malaysia’s Vincent Tan.

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Finance

San Francisco 49ers touch down with full ownership of Leeds

Leeds logo

June 12 – In the latest American involvement in English football, the San Francisco 49ers ownership group has reached an agreement to take over Leeds United with the club’s chairman Andrea Radrizzani selling his stake in the club.

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Europe

Hull’s Turkish owner Illicali buys Ireland’s Shelbourne FC

June 9 – Turkish media tycoon Acun Ilicali (pictured), owner of Hull City in the English Championship, bought a majority shareholding in Shelbourne FC, one of the oldest clubs in the Irish Premier League.

Read more …

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