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Finance

Trabzonspor go crypto with Fan Token sale raising $650K in 5 minutes

September 23 – Turkish club Trabzonspor are the latest to launch their own blockchain crypto-based Fan Tokens on the Socios.com platform, selling an initial 625,000 $TRA Fan Tokens in less than 5 minutes.

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Finance

Chelsea say Abramovich broke no rules in owning rights to players at other clubs

Roman Abramovich_18-05-121

September 21 – Roman Abramovich, the Russian oligarch bankrolling English Premier League club Chelsea, faces accusations of holding secret investments in players not owned by his club.

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Europe

After 146 years of play, court winds up Macclesfield Town

September 21 – While top-flight clubs continue their summer transfer window spending, at the other end of the scale, 146-year-old Macclesfield Town has been wound up over debts totalling more than £500,000.

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Europe

Juve post €71.4m loss, despite wage cuts, saying there is more red ink to come

September 17 – A week after European Club Association chair and Juventus boss Andrea Agnelli warned of a two year €4 billion Covid cash crisis for clubs, his own team have announced a third year of losses.

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Coronavirus

FIFA’s Covid-cash boss says football will lose $14bn in revenue during pandemic

September 17 – Football across the world will lose out on about $14 billion in revenue because of the effects of Covid-19, according to the official who leads the organisation’s coronavirus relief fund.

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Finance

Israel’s Beitar for sale with buyer reportedly from UAE

September 16 – Beitar Jerusalem have confirmed they are in talks with a potential investor from the United Arab Emirates following days of speculation. 

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Finance

Bale(ing) out: Real Madrid close in on a deal to return Welsh winger to Spurs

By Andrew Warshaw

September 16 – Never go back is an old football adage. But in what would be an audacious verging on sensational swoop, Tottenham Hotspur are reportedly in talks with Real Madrid about an on-loan re-signing of Gareth Bale, whom they sold to the Spanish giants for a then world record transfer fee all of seven years  ago.

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Finance

Ashley makes legal move in bid to reignite Newcastle’s Saudi sale  

September 15 – The hiring of a law firm by Mike Ashley and Newcastle United to contest the Premier League’s decision-making over the proposed takeover of the club by a Saudi-led consortium raises new questions over whether the deal for the club could be put back together.

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Europe

US investors Bolt, take leap into Belgian football with Waasland-Beveren buy

September 14 – Waasland-Beveren have become the latest foreign-owned club in the Belgian top flight following investment by Bolt Football Holdings, the American majority owners of Crystal Palace. 

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Finance

Newcastle and Ashley critical of Premier League’s ‘inappropriate’ scuppering of Saudi sale

wonga-have-been-announced-as-the-new-sponsor-of-newcastle-united-900601391

September 10 – Newcastle United have accused the Premier League of acting inappropriately after it rejected a takeover by a Saudi Arabian-backed consortium last month. 

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Europe

Bellerin buys into the eco-agenda with stake in Forest Green Rovers

September 9 – Recognised by FIFA and the United Nations as the world’s most environmentally sustainable club, Forest Green Rovers have now attracted attention from Arsenal defender Hector Bellerin who has become the club’s second-largest shareholder.

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Finance

Billy Beane puts his money on playing ball with AZ Almaar stake

Billy Beane

September 9 – Moneyball guru Billy Beane (pictured) has acquired a minority share in Dutch top-flight club AZ Alkmaar. He previously held an advisory role at the Eredivisie outfit. 

Read more …

Coronavirus

OL’s Aulas demands €117.7m from Ligue 1 for ending 2019/20 season early

Jean-Michel Aulas

September 4 – The row over the premature ending of France’s 2019/20 Ligue 1 season is rumbling on with Olympique Lyonnais (OL) demanding €117.7 million in compensation.

Read more …

Finance

Man City owners CFG complete €10m deal for Troyes to become 10th owned club

September 3 – Manchester City owners City Football Group (CFG) have completed their acquisition of a majority stake in French Ligue2 side Espérance Sportive Troyes Aube Champagne (ESTAC).

Read more …

Finance

Player values edge back up but Messi drops to €124m. Bayern starlet Davies adds €35m

September 2 – A new analysis of player values has found that in the major 10 European leagues they are showing signs of recovery due to the fact that almost all leagues were eventually able to finish the 2019/20 season. However, most players still have not regained their ‘pre-pandemic’ market value.

Read more …

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