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Finance

Who’s the boss? Saudis struggle to win PL sanction for £300m Newcastle buy

July 28 – The long drawn out proposed £300 million takeover of Newcastle United by a Saudi Arabian-led consortium spearheaded by the country’s Public Investment Fund looks on the brink of collapse as confusion increases over who will actually control the club and their links with the Saudi government.

Read more …

Europe

Bahraini royals buy into second tier Paris FC with sights set on Ligue 1

July 28 – Almost 10 years after Paris St. Germain were acquired by Qatar Sports Investments (QSI) to become one of the world’s richest clubs, their lesser-known cross-town poorer sister, Paris FC, are now also being funded by Middle Eastern money.

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Finance

Serie A clubs to meet over the $2bn questions

July 25 – Italian clubs will progress discussions on potential venture capital investors in Serie A in meetings scheduled for next week.

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Europe

Forget Covid-19, Wigan fans call for better tests for the bad-owner virus

July 22 – Fans of English Championship club Wigan Athletic have launched a petition calling on the government to strengthen the owners and directors test after their team was plunged into administration earlier this month when its Hong Kong owner pulled the plug on further funding.

Read more …

Finance

British parliament puts pressure on Premier League to block Newcastle United’s Saudi sale

July 20 – A group of cross-party British parliamentarians have launched an 11th hour bid to stop the £300 million takeover of Newcastle United by a Saudi-led consortium.

Read more …

Finance

Bridgepoint pitches for a piece of Women’s Super League

July 20 – The Women’s Super League (WSL) in England, which unlike its top tier male counterparts, was not given the opportunity to complete its season when the coronavirus struck, could be find new funding support in the shape of private equity money.

Read more …

Europe

Promoted VfB Stuttgart join procession of Bundesliga clubs seeking cash to continue

July 17 – Newly-promoted VfB Stuttgart’s achievement in getting back to the top flight  in Germany has been marred by them becoming the latest cash-strapped Bundesliga club to seek financial aid because of lost matchday revenue due to the coronavirus pandemic.

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Europe

Man City owners target French club for CFG’s growing portfolio

City Football Group logo

July 15 – City Football Group (CFG), owners of Manchester City, look to have upped their quest to take a stake in French club.

Read more …

Concacaf

MLS discusses private equity options for clubs to help cover pandemic losses

July 13 – Major League Soccer is opening the doors wider for private equity financing to participate in club ownership groups for the first time, according to MLS Commissioner Don Garber.

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Coronavirus

ECA counts the Covid cost to clubs at €4bn

July 10 – European  clubs expect to lose a staggering €4 billion in revenue over the next year because of the Covid-19 pandemic, according to a study by the European Club Association.

Read more …

Finance

Post-Covid: Pandemic forces rethink of stadium revenues and facility planning

By Paul Nicholson

July 10 – The coronavirus pandemic looks likely to bring some fundamental long term changes to how fans watch live football and the confidence they have to return to stadia. Those changes will impact on stadium operations but also on what the live experience delivers beyond the game on the pitch.

Read more …

Finance

Wigan future brightens as 50 suitors express takeover interest

July 8 – There have been over 50 inquiries about buying Wigan Athletic FC – including from the town’s rugby league side Wigan Warriors – after the English Championship club were plunged into administration when its Hong Kong owner pulled the plug on further funding, according to the joint administrators.

Read more …

Europe

EFL’s fit and proper tested: The miserable financial road for Wigan and its peers

By Andrew Warshaw

July 7 – Wigan Athletic’s official supporters’ club have demanded a “full investigation” into how the second-tier Championship club became the first professional outfit in English football to be plunged into administration during the Covid-19 pandemic.

Read more …

Finance

Transfer value: Stats argue keeping Sancho, Mbappé and Messi will boost their sale price

July 7 – With predictions that the transfer market is going to take a big hit as the football business tiptoes its way through the commercial implications pandemic, new player transfer value analysis looks at what a contract extension would do for their sale value.

Read more …

Europe

FFP under the gavel: Man City to get ‘£200m’ CAS ruling July 13

July 3 – Manchester City are set to learn their European fate on July 13 in a ruling that will have major consequences for both the club and UEFA’s entire financial fair play strategy.

Read more …

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