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Finance

Paris FC set to add Armenian investor as club pushes for Ligue1 promotion

February 8 – Ligue 2 club Paris FC is poised to announce a new investor from Armenia in a reshuffle of their ownership structure.

Read more …

Finance

LaLiga and CVC get going with ‘Impulso’ despite Real Madrid and Barca’s legal challenge

February 2 – LaLiga Group International formally came into operation yesterday with a further a financial injection of €298 million into the entity by CVC, of which £220 million will be distributed to clubs.

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Finance

Transfer market bounces back led by £295m Premier League club spend

By Paul Nicholson

February 1 – After two windows of relative low spend, the transfer market has roared back in the Premier League with total spending of £295 million, driven in large part by the £85 million spent by Newcastle United in their bid to avoid relegation.

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Coronavirus

Man City top Euro club revenues, but pandemic has hit top 20 top teams for a combined €3bn loss

January 31 – The financial effects of the covid pandemic on Europe’s leading clubs is becoming more measurable with an analysis of 20 clubs showing an annual average decrease of €45 million.

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Finance

LaLiga takes first €400m of CVC investment

January 21 – After a prolonged battle with three of its clubs, LaLiga has seen the first injection of cash into its Impulso project from private equity firm CVC.

Read more …

Europe

Turkey’s Acun Ilicali buys Hull City for £24m from Egyptian Allam family

January 20 – Turkish businessman Turkey’s Acun Ilicali (pictured) and his Acun Medya Group have become the new owners of Hull City, completing a €24 million takeover of the Championship club to end the 11-year reign of the Egyptian Allam family. 

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Finance

Brand Britain: Premier League generated £7.6bn for UK economy in covid-hit 2019-20

Premier League new logo

January 18 – An economic and social impact report highlights the contribution of the Premier League to brand Britain, as well as the important social role it plays within the UK and in England in particular.

Read more …

Finance

Sale of Watkins and Benrahma offsets operating losses at Premier League new boys Brentford

By David Owen

January 18 – Brentford, the West London club whose finances have been transformed by promotion to the top tier for the first time since 1946-47, have produced figures for the year to end-June 2021, their promotion season.

Read more …

Finance

KPMG report shows €500bn revenue loss for 8 of Europe’s league champions

January 14 – KPMG Football Benchmark’s European Champions Report 2022 gives another snapshot of the disruptive impact the coronavirus pandemic has had on club finances over the past year.

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Finance

Boost to broadcasting revenue puts Manchester City back in profit – just

By David Owen

January 13 – Manchester City have produced a glossy annual report containing limited financial information for the 2020-21 season. The headline detail is that the Abu Dhabi-owned club have returned to profit after the heavy losses of 2019-20, which left them 19th out of 20 in a rather sorry-looking Premier League profits table.

Read more …

Europe

Textor fast follows Botafogo deal with stake in Belgium’s Molenbeek

By Samindra Kunti

January 13 – John Textor has not waited long to deliver on his promise to build a global network of clubs. Days after taking over storied Brazilian club Botafogo, he has become a co-investor in Belgian club RWD Molenbeek. 

Read more …

Finance

From Crystal Palace to Botafogo. Textor builds club stakes with 90% of Brazilian club

January 11 – Crystal Palace co-owner John Textor will become the owner of Botafogo, the president of the Brazilian club Durcesio Mello announced on Monday.

Read more …

Finance

Ashley goes after Staveley over Newcastle sale as club humiliated in FA Cup

January 10 – Just weeks after hopes were raised of a new dawn when the club was purchased by a cash-rich Saudi-led consortium, albeit highly controversially, English sleeping giant Newcastle United are back in the headlines for all the wrong reasons – on and off the pitch.

Read more …

Finance

Vinicius is world’s most valuable player. Foden, Haaland and Greenwood make up top four

January 7 – Move over Neymar and Mbappe. Real Madrid and Brazil’s Vinicius Junior is the most valuable player in the world according to the latest player transfer valuations by the CIES Football Observatory.

Read more …

Finance

Blitzer and Smith take ownership of MLS’s Real Salt Lake

January 7 – After a drawn-out sales process, Crystal Palace co-owner David Blitzer and Ryan Smith’s Smith Entertainment Group have become the new owners of Major League Soccer (MLS) franchise Real Salt Lake.

Read more …

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