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Finance

Paris FC takes on Subaskaran investment as it pushes for Ligue 1 status

November 23 – French second tier club Paris FC, who took a €5 million investment from the Bahrani royal family last year, has added a new investor in British-Sri Lankan entrepreneur Allirajah Subaskaran.

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Finance

Real Madrid launch €4.5m start-up fund

real madrid

November 15 – Real Madrid have founded an investment vehicle with the objective of financing 30 start-up businesses.

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Digital platforms

 Italy become third national federations to sign up for crypto-based fan token launch

November 14 – Italy have become the third national federation, Europe’s second, to jump on the blockchain-based Fan Token ‘cryptocurrency’ with Socios.com.

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Finance

Report finds commercial strength of Big-5 leagues has been covid-resilient

November 12 – While the pandemic managed to kill-off clubs’ match-day revenue streams, a report by KPMG Football Benchmark reports “cautious optimism” for sponsorship income with two of Europe’s Big5 football leagues even reporting year-on-year growth in league-wide commercial revenues.

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Finance

Kretinsky completes acquisition of £180m+ stake in West Ham

November 11 – Czech billionaire Daniel Kretinsky has purchased a minority stake in West Ham United, the latest overseas investment in a Premier League club.

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Europe

CFG targets Russia and opens talks with Spartak Moscow

November 2 – City Football Group (CFG) have reportedly opened negotiations to acquire a 20% stake in Russian club Spartak Moscow. 

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Finance

Fourth tier club Intercity list on Spain’s second tier stock market

November 1 – Intercity de Alicante has become the first Spanish club to list on the stock exchange, trading on the BME Growth market, Spain’s second tier exchange dedicated to small- and medium-sized companies.

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Finance

LaLiga’s Cadiz builds investor roster with MSA Capital’s Harburg joining board

November 1 – MSA Capital managing partner Ben Harburg has become a new investor at Spanish La Liga club Cadiz. Harburg is reportedly buying a 6% stake in the club.

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Finance

West Ham owners poised to sell £150m stake to Czech mogul on route to £300m cash-out

October 29 – Czech businessman Daniel Kretinsky looks set to take a £150 million, 27%, stake in Premier League West Ham with the option to take full ownership of the in the future.

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Finance

Inter lose €245m in Serie A winning season. Cost of Covid counted at €110m

October 28 – Inter Milan have formally reported losses of losses of €245.6 million for the covid-impacted 2020/21 season on revenues of €364.7 million.

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Finance

Advent are early runner in bid for €1bn stake in LFP’s rights subsidiary

October 27 – Private Equity fund Advent International is considering buying a stake in the Ligue de Football Professionnel’s (LFP) new media company. 

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Finance

OL keeps pandemic losses to €34m, but pegs lost revenue at €150m

Olympique Lyonnais badge

October 27 – OL Groupe, the holding company of Ligue1 club Olympique Lyonnias, has officially reported a loss of €33.9 million for the Covid-hit 2020/21 season, the first time the group has reported a loss since it moved to its Groupama Stadium nine years ago.

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Finance

US investor declares interest in buying Derby County

Derby County

October 26 – US businessman Chris Kirchner has thrown his hat into the ring as the search for a buyer of iconic English club Derby County, who have been in administration for five weeks, continues.

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Finance

Covid-blighted PSV Eindhoven register €23m loss topped off by a 5-0 defeat at Ajax

October 25 – Blaming the coronavirus pandemic, PSV Eindhoven has registered a loss of €23.2 million for the 2020-21 season. 

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Europe

Anderlecht get €93m injection in bid to restore fortunes

By Samindra Kunti

October 25 – Can new winds, fresh capital and debt restructuring rejuvenate Anderlecht? Existing shareholders and new investors are set to inject the equivalent of €93 million into the club’s finances, while CEO Jos Donvil will be exiting the club. 

Read more …

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