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Finance

American investors rumored to be closing in on Espanyol

Espanyol

November 15 – US investors are turning their attention to Spain with reports that Chen Yansheng, president of RCD Espanyol, is sales talks with an investment fund.

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Finance

Returning fans help Manchester City to improved £42m profit

Manchester City stadium

By David Owen

November 8 – Premier League champions Manchester City have posted an improved annual profit, as fans returned to the Etihad. The Abu Dhabi-owned club reported a pre-tax profit of £41.7 million for the year to end-June 2022, versus £5 million a year earlier.

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Finance

FSG say they would ‘consider’ new shareholders in Liverpool, if the deal is right

November 8 – The US-based owners of Liverpool have confirmed they “would consider new shareholders” following multiple reports that the club is for sale.

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Europe

Brondy sell €30m majority stake to US consortium Football Global Holdings

November 8 – US consortium Football Global Holdings has acquired a majority stake in Danish club Brondby IF, for about €30 million.

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Finance

Man City starting line-up worth €125m more than Man Utd’s

November 1 – On average, Manchester City starting lineups for Premier League games fielded playing stock to the value of €605 million in transfer fees.

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Broadcast

Sky impairment charges push Comcast to $3.6 bn loss in third quarter

Sky Deutschland

By David Owen

October 30 – US media conglomerate Comcast has posted a third-quarter loss after including $8.6 billion of impairment charges related to Sky, its UK-centred media and telecommunications business with live rights to Premier League football.

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Finance

Inter report record revenues as Zhang gives long-term commitment to future of club

October 28 – Inter Milan have reported record for revenue of €439.6 million for the financial year ending 30 June 2022.

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Finance

Italian prosecutors probe Juve and Agnelli for false accounting on player trading

October 28 – Already having suffered the humiliation of being knocked out of the Champions League at the group stage, Juventus are under more pressure off the field with fresh allegations of financial shenanigans.

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Finance

Textor takeover of Lyon stalled as finance finalised

Olympique Lyonnais badge

October 24 – The takeover of OL Groupe, owner of Olympique Lyonnais, by US investor John Textor’s Eagle Football Holdings has been stalled while Textor completes his financing for the deal.

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Finance

Inter Milan back on the sales block with asking price of $1bn

October 19 – The sale of Inter Milan looks to be accelerating with the club’s Chinese owners having engaged US investment bank Raine Group as well as Goldman Sachs to find a buyer.

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Finance

Bayern Munich report tripling of profit as fans return to Allianz Arena

October 18 – FC Bayern Munich have reported a profit for the 2021/22 financial year was once again able to report a profit in the 2021/22 financial year despite the fact that the German champions had to play the majority of their home matches with restricted spectator capacity.

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Europe

QSI expands club ownerships with minority stake in Portugal’s Braga

October 10 – Expanding a club ownership portfolio that includes Paris Saint-Germain and KAS Eupen, Qatar Sports Investments (QSI) have acquired a minority stake in Portuguese club Braga.

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Finance

One table where Haaland isn’t top scorer. Mbappé is worth €55m more than him

October 20 – Erling Haaland may be the hottest striker in world football at the moment but Kylian Mbappé is still the most valuable footballer at €222.9 million according to data from the Football Benchmark team.

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Finance

Aussie A-League’s Melbourne Victory sells minority stake to 777 Partners

October 6 – American investment firm 777 Partners has acquired a stake in the Australian A-League club Melbourne Victory, expanding its ownership portfolio.

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Finance

Man Utd ripped off by €238m on player deals, EPL clubs overpaid by more than €1.3bn

September 21 – A stunning 17 out 20 Premier League clubs have overpaid on their transfer dealings since July 2022 as agents, selling clubs and in many cases massively under-performing players have shamelessly cashed in on the Premier League’s economic prosperity. A mugging of English clubs of more than €1.3 billion.

Read more …

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