By Andrew Warshaw
June 18 – European clubs mired in financial difficulty caused by the Covid-19 lockdown have been given a temporary reprieve by UEFA from its financial fair play regulations.
By Paul Nicholson
June 18 – The takeover of Newcastle United by a consortium led by the Saudi Arabian Public Investment Fund (PIF) looks in doubt after a senior government minister cast doubt on the legality of the takeover following the WTO ruling that the Saudi’s broke international copyright with their support of the beoutQ pirate broadcaster.
June 16 – A total of 441 applications have been made to FIFA by players for financial aid through a $16 million scheme allowing them to claim wages unpaid by their clubs.
June 16 – Fabled German club FC Kaiserslautern has filed for bankruptcy after a mounting debt and cash-flow crisis. The club have been crowned German champions four times.
June 15 – Serie A has a second offer of private equity investment as the Italian league battles to find cashflow solutions to alleviate the drying up of broadcast and sponsorship revenue die to the coronavirus pandemic.
June 12 – FIFA have given official permission for football leagues across the world to be allowed to open transfer windows before their current seasons are over.
By David Owen
June 11 – Covid-19-related disruption is expected to cut aggregate revenues of the 20 Premier League clubs by approximately £1 billion, or £50 million each on average, in 2019-20, according to analysis in the new Deloitte Annual Review of Football Finance.
June 10 – With FIFA set to extend the transfer window deadline to the end of October, new data ranks the top 100 Big-5 league players by value and startlingly still give France and PSG wunderkind Kylian Mbappé a €259.2 million valuation.
June 10 – Everton players, coach Carlo Ancelotti and a number of senior officials have accepted wage deferrals of up to 50% during the coronavirus shutdown to help the club navigate the financial fallout of the coronavirus pandemic.
March 9 – FIFA is reportedly poised to allow member nations to buy and sell players up until the start of October to account for the disruption caused by Covid-19.
June 8 – Predictions that the savage economic effect of Covid-19 on football will dramatically slow down the transfer market has seemingly had no effect on Chelsea who are reported to have pipped Liverpool to the signing of RB Leipzig sharpshooter Timo Werner.
June 5 – Basketball star Kevin Durant has become the latest celebrity to acquire a stake in an MLS franchise, having reportedly invested in the Philadelphia Union.
By David Owen
June 4 – Spurs have become the first football club to tap the UK Government coronavirus support measure known as the Covid Corporate Financing Facility (CCFF).
June 2 – The Dutch FA have asked FIFA for flexibility over their transfer window which won’t align with the majority of European player markets this summer.
By David Owen
May 30 – Newcastle United, the Tyneside club currently linked with a controversial proposed £300 million takeover by the Saudi Public Investment Fund, has finally brought down the curtain on the 2018-19 Premier League financial results season.