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Finance

Fanatiz raises $10m from 777 Partners to roll out streaming service beyond Americas

January 15 – The investor rush to secure positions in technology companies and applications that are changing the football business, and the broadcast business in particular, has seen another investment in a streaming service.

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Finance

Barca oust Real at top of revenue table, Man Utd, Bayern, PSG and City follow

By David Owen

January 14 – Barcelona have supplanted bitter rivals Real Madrid at the top of this year’s Deloitte Football Money League, heading the ranking of the 20 highest revenue-generating world football clubs for the first time.

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Finance

Nigerian Dangote says he has his sights set on Gunners, but not until 2021

January 14 – The richest man in Africa has made the sensational claim that he plans to buy Arsenal some time next year.

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Finance

Abramovich pumps £247m into Chelsea as Conte walks away with £26m

January 8 – Chelsea owner Roman Abramovich poured £247 million into the club last season as the club recorded an overall loss of £96.6 million according to latest accounts.

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Finance

Mbappé and Sterling top player value ranking at over €220m. Neymar plummets to €100m

January 8 – A player valuation ranking by the CIES Football Observatory makes Kylian Mbappé (France and Paris St-Germain) the world’s most valuable player at €265.2 million, with Man City and England’s Raheem Sterling at €223.7 million.

Read more …

Finance

Sunderland board says owner Donald has ‘no option’ other than sell the club

January 8 – Sunderland owner Stewart Donald (pictured) has confirmed via a statement on the club website that he will sell the League One club after mounting pressure from supporters over the holiday period demanding he leave. Donald has been in ownership charge for 18-months.

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Finance

A Hazardous business? Chelsea singing financial blues but should rebound next year

By David Owen

January 2 – Chelsea, the West London club whose new young team has surprised many this season with the spirit and consistency of their play under former talisman Frank Lampard, has reported a hefty loss for the year to end-June 2019.

Read more …

Finance

Pallotta poised to complete €780m Roma sale to Friedkin Group

January 3 – Serie A’s Roma looks set to change hands between American owners with James Pallotta  (pictured) reportedly having agreed a €780 million deal with the Texas-based Friedkin Group run by billionaire Dan Freidkin.

Read more …

Finance

Abu Dhabi-based ESI takes control of Charlton Athletic

January 3 – Belgian Roland Duchatelet’s foray into English club ownership is over with the sale of English Championship side Charlton Athletic to Abu Dhabi-based consortium East Street Investments (ESI) for an undisclosed amount.

Read more …

Finance

OL Groupe move into US soccer with $3.1m Reign acquisition

December 30 – US investors buying European clubs has become commonplace but European investors moving into the US to acquire a stake in club soccer is not.

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Finance

Lagardère Sports agrees sale to H.I.G. Capital but CAF cancellation cuts €210m+ off price

December 16 – The loss of the Confederation of African Football (CAF) contract has knocked between €210-€240 million off the sales price of the Lagardère Sports.

Read more …

Finance

Euro 2020 and Saudi Super Cup deal boost Spanish FA revenue forecasts

December 12 – The Royal Spanish Football Federation (RFEF) in its new budget for 2020 is predicting a 41% growth in revenues to €316 million, primarily fuelled by the new money from the estimated €120 million deal with Saudi Arabia to stage its revamped Super Cup competition.

Read more …

Finance

Former CAF finance chair Patel warns of tough times ahead after LS cancellation

By Osasu Obayiuwana

December 11 – Suketu Patel, a former leading official of the Confederation of African Football (CAF), who was at the centre of negotiations for the 12-year $1 billion marketing deal with French company Lagardere Sports (LS), is predicting that the contract’s recent cancellation will lead to “a very difficult period” for CAF.

Read more …

Finance

Oyarzabal and Sterling top list player transfer growth values ahead of Winter window

December 11 – With the winter transfer window looming, KPMG Football Benchmark has updated its players’ value estimates and ranked players by most increased value since the start of the season.

Read more …

Finance

Arsenal fall £23.5m into red after bumper 2017-18 transfer profits not repeated

By David Owen

December 8 – Struggling Arsenal have slumped into the red after the bumper profits on player sales that substantially boosted the bottom line in 2017-18 were not replicated in the most recent season.

Read more …

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