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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.

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Finance

Celtic put covid behind them with £6m profit and look ahead to UCL money spinner

September 21 – Scottish giants Celtic have reported a revenue increase to £88.2 million for the year ending June 2022, an uplift of 45% on the previous year where it was still battling the financial restrictions resulting from covid.

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Finance

Barca confirm €98m profit for 2021-22 and predict €271m for current season

Barcelona logo

September 20 – Barcelona have announced profits of €98 million for the 2021-22 campaign and predict they will make another €271 million in the current season – despite crippling debts that at one stage delayed them from registering all their summer signings for this season.

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Finance

Las Vegas Knights owner Foley saddles up for Premier League ride with Bournemouth

September 19 – Bournemouth could be the next Premier League club to fall under US ownership after reports in the US and England that a Las Vegas-led consortium had bid for the club.

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Finance

China Media Capital sells parcel of CFG shares to Silver Lake

September 16 – Private equity group Silver Lake has become the second-largest shareholder in City Football Group (CFG), upping their stake to 14.5%.

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Finance

Norwich take on new US investor and a £10m loan

September 15 – Norwich City, battling for a return to the Premier League having been relegated last season, are the latest English club to attract US investors.

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Finance

Real Madrid report rebound in turnover as profits rise to €13m

September 14 – Real Madrid is reporting a €13 million profit for the financial year 2021/22 on a turnover of €722 million. The is a €69 million increase in tunover on the previous year.

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Finance

LaLiga raises Barca spending cap, but Tebas warns they still have to cut costs by €200m

Barcelona logo

September 12 – FC Barcelona’s spending cap has been raised by €800 million to €656 million after the sale of club assets, the Spanish topflight La Liga confirmed.

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Finance

US’s Common Group adds Dutch club Vitesse Arnheim to club ownership roster

September 9 – American investment firm Common Group has acquired Dutch top flight club Vitesse Arnhem after Russian owner Valeri Oyf departed because of the war in Ukraine. 

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Finance

LiveScore Group to expand with £50m investment from Ringier

September 7 – LiveScore Group, who have driven their footprint in the football market with the real time delivery of match scores globally, has taken a £50 million investment from Swiss media and technology giant Ringier, valuing the LiveScore business at £500 million.

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Finance

Premier League clubs record a €9.5bn trading loss on player transfers over last 10 years

Transfer money record

September 6 – Over the past ten years, the English Premier League clubs have accumulated a transfer deficit of -€9.5 billion, dwarfing the next highest deficit of a Big 5 league, Italy’s Serie A, of 1.4 billion. In contrast France’s Ligue 1 clubs have a positive balance of €350 million – despite PSG’s negative balance of €868 million.

Read more …

Finance

PSG top UEFA’s financial bad boy list with €65m sanction, as 8 clubs fined €172m in total  

uefa flag

September 4 – UEFA has hammered eight of Europe’s biggest clubs with fines totalling €172 million. Big spending Paris St Germain were hardest hit with fines of €65 million.

Read more …

Finance

Antony’s £82m move to Man Utd closes record £1.9bn EPL transfer window

By Andrew Warshaw

September 2 – The summer transfer window slammed shut on Thursday night with the most expensive ever deadline-day signing in Manchester United’s eye-watering £82 million purchase of Brazilian winger Antony from Ajax.

Read more …

Finance

Redbird lands $1.2bn AC Milan deal

By Samindra Kunti

September 1 – Redbird Capital, the investment firm with ties to the New York Yankees and the Boston Red Sox, has acquired Italian giants AC Milan for $1.2 billion. 

Read more …

Finance

US investors return Denmark’s Helsingør FC to local ownership

August 31 – Helsingør FC have returned to Danish ownership after the American consortium led by Jordan Gardner decided to relinquish control.

Read more …

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