Apocalypse now. Report has nothing but bad news for football finance and its governance


October 31 – Professional football clubs are under a growing threat from organised crime. Only 25% of clubs in top leagues worldwide produce publically-available financial reports. And only 40% of national associations are financially viable without the help of FIFA, an organisation whose top officials are being chased down by the US Justice Department under their RICO laws that are used to investigate mafia-style crime rings.

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Bayern post €640m revenue record and €66m profit

Karl Heinz_Rummenigge_in_front_of_Bayern_Munich_logo

October 24 – German champions Bayern Munich have reported a record revenue for the 2016/17 season of €640.5 million. This was despite the club failing at the Champions League quarter final stage and failing to reach the German Cup final – together amounting to an estimated €25 million of lost revenue potential.

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