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Finance

Low wage bill spurs Tottenham’s stand-out £87m profit

By David Owen

March 31 – Tottenham Hotspur look to have posted a pre-tax profit more than twice as big as any Premier League rival for the 2018-19 season which saw the North London club reach the Champions League final.

Read more …

Broadcast

French league short of cash as broadcasters say they will withhold rights fees

LFP France

March 31 – French football is staring down the financial barrel as domestic broadcaster Canal Plus, a long-time rights holder of Ligue 1, is holding up the release of a scheduled €110 million payment. 

Read more …

Finance

Flamengo seek Copa Libertadores advance to smooth out cashflow

March 27 – Flamengo are chasing an upfront payment of the €1.6 million the Brazilians are entitled to for their participation in the group phase of the Copa Libertadores as they move to bolster their cash flow.

Read more …

Europe

Bundesliga solidarity: Germany’s CL clubs share €20m of UEFA TV money

March 27 – As the English Premier League ponders whether to restart the season at some point, Germany’s top  clubs have a more pressing priority – donating €20 million as a gesture to struggling cash-strapped teams lower down.

Read more …

Finance

Huddersfield accounts reveal three-tranche loan repayment arrangement

By David Owen

March 27 – Huddersfield Town managed to remain narrowly in profit during its second and, for now, final season in the Premier League. The Yorkshire club posted a pre-tax profit of £3.9 million for the year to end-June 2019, down from £29.7 million the previous year.

Read more …

Finance

Man Utd extend season ticket renewal deadline as club refund policies start to bite into cash

old trafford

March 27 – Manchester United has suspended its season ticket renewal deadline until a new date for the 2020/21 season is confirmed, while at the same time saying it will refund existing tickets pro-rata for any games that are either un-played or played behind closed doors.

Read more …

Coronavirus

Spanish FA opens up €500m credit line to clubs in LaLiga’s top two divisions

By Samindra Kunti

March 26 – The Royal Spanish Football Federation (RFEF)has announced a €500 million support plan for Spanish clubs to help with the impending financial fallout of the coronavirus pandemic.

Read more …

Finance

EFL’s £50m rescue package will only provide respite until end April, says report

By Paul Nicholson

March 26 – The £50 million relief package the English Football League will only stretch until the end of April, according to a research report by the University Campus of Football Business (UCFB).

Read more …

Finance

English player’s union calls for urgent meet as cash crunch hits clubs and wages

March 26 – England’s Professional Footballers’ Association (PFA) are seeking urgent talks with the Premier League and Football League over the financial impact of the Covid-19 pandemic on players and clubs.

Read more …

Coronavirus

Union Berlin players waive salaries as Bayern and Dortmund agree wage cuts

March 26 – Union Berlin are the latest German top-flight team to agree to forego their wages because of Covid-19, another example of Bundesliga clubs putting their survival first.

Read more …

Finance

Sancho transfer value reaches £200m, as four English players in top 10 listing

March 25 – Borussia Dortmund and England’s Jadon Sancho has a transfer value of close to €200 million, according to a ranking of Big 5 league players born in or after 2000.

Read more …

Finance

Jorginho’s €58m sale to Chelsea pushes Napoli to record €205m revenue

March 24 – Serie A club Napoli have reported record revenues of €205 million for the 2018/19 season and a profit of €30.2 million.

Read more …

Finance

Brief Premier League foray fails to wipe out Fulham losses 

By David Owen

March 23 – Not even a £100 million leap in annual revenue was enough to propel Fulham into profit during its brief visit to the Premier League last season.

Read more …

Finance

Wage cut fears: FIFPro calls on clubs to use collective bargaining

By Andrew Warshaw

March 23 – The head of football’s world players union has urged clubs not to unilaterally slash salaries because of the effects of Covid-19 and says collective bargaining agreements are the best way forward.

Read more …

Finance

PMG pulls out of KV Oostende acquisition

March 20 – American investment company Pacific Media Group (PMG) has pulled out of a deal to acquire a majority stake in struggling Belgian top-flight club KV Oostende.

Read more …

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