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Finance

Barca debt tops €1.35bn driven by out-of-control player wages. Laporta puts focus on youth

September 17 – Barcelona’s president has painted a grim picture of the full extent of the club’s financial crisis, saying its debt had risen to an eye-watering €1.35 billion.

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FIFA

FIFA’s ‘transfer snapshot’ shows $2.08bn drop in total revenue from 2019 high of €5.8bn

Transfer money record

September 13 – With transferred players bedding themselves into their new clubs for the coming season, FIFA has published its International Transfer Snapshot (June – August 2021), that looks at player transfer activity during the last transfer window.

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Finance

Billion $ Manchester. City and United top ranking of squad transfer cost

September 10 – Manchester City continue to top a ranking of club spending on transfer fees to assemble their squads, but Manchester United are getting close.

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Finance

Serie A re-opening talks on €1.7bn of new finance

September 7 – Italy’s Serie A is reportedly back in the hunt for private equity finance plans with Bloomberg indicating they are looking to sell a €1.7 billion stake in the league’s new media rights business.

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Finance

Pacific Media completes 7th club deal with Den Bosch acquisition

September 4 – The Pacific Media Group (PMG) has completed the takeover of Dutch club FC Den Bosch following the green light from the local licensing committee. 

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Finance

Premier League transfer spending drops but still tops £1bn

Football money

September 1 – English Premier League clubs spent over £1 billion in the summer transfer window that closed on Tuesday – but overall spending dropped for the second year in a row.

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Europe

Real Oviedo opt -in to LaLiga’s new money deal; Barca, Real and Bilbao isolated

September 1 – Spanish second division club Real Oviedo have belatedly opted in favour of La Liga’s €2.1 billion agreement with private equity firm CVC.

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Finance

FIFA report breaks down $48.5bn spent on player trading

August 31 – An eye-watering $48.5 billion (€41.1 billion) was splashed out on international transfer fees over the past decade, almost half of which was spent by the top 30 clubs with English clubs leading the way, according to a new FIFA report.

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Coronavirus

Europe’s covid-closed stadia saw €2bn of revenue lost

August 25 – Europe’s top five leagues took a €2 billion revenue hit last season because of the season being forced to be played behind closed doors due to global health crisis, according to a report by consultancy KPMG.

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Finance

Perez goes back to old pals at JP Morgan in bid to kill LaLiga’s €2.1bn CVC deal

August 24 – Florentino Pérez is not a man to be held hostage. After rebelling against the CVC-La Liga agreement, the Real Madrid club president has opened negotiations with JP Morgan for a deal of his own.

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Europe

RIP Chievo Verona; former Serie A club folds after failure to find money for new season

August 23 – Chievo Verona is no more. Having been demoted to Serie D following an inability to meet Serie B financial solvency criteria, the club failed to find an investor to enable it to continue and will now fold.

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Europe

UEFA plans €6bn club relief fund and vigorous revamp of FFP

By Samindra Kunti

August 19 – UEFA is planning a €6 billion relief fund to help leading European clubs survive the global health crisis that has ravaged the football industry.

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Finance

Barca boss Laporta outlines debt of €1.35bn and wage bill at 103% of club’s income

August 17 – FC Barcelona president Juan Laporta (pictured) has revealed that the club’s debt has risen to a staggering €1.35 billion with the Catalan supremo blaming his predecessor for the unprecedented financial crisis that also led to the departure of talisman Lionel Messi. 

Read more …

Finance

LaLiga clubs vote for CVC €2.1bn cash injection but Barca and Real Madrid opt out

By Samindra Kunti

August 13 – On the eve of the new Spanish season, the value of La Liga’s deal with private equity firm CVC dropped from €2.7 billion to €2.1 billion after four clubs voted against and opted out. 

Read more …

Europe

PSG boss Al-Khelaifi says Messi signing will not put club in FFP breach

August 12 – Paris Saint-Germain president Nasser Al-Khelaifi has insisted that his club are complying with Financial Fair Play (FFP) regulations after signing Lionel Messi. 

Read more …

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