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Finance

At £2,238, Arsenal are most expensive English club to follow, Man City offer best value

PL money ball

November 7 – Premier League fans are paying 31% more in England to follow their teams and the league than they were in 2014/15 season despite the cost of tickets having risen by just 1% over the same period.

Read more …

FIFA

FIFA warn Cardiff to pay Nantes £6m for Sala or face 3-window transfer ban

November 5 – The aftermath of the tragic death of Argentine striker Emiliano Sala has taken a potentially pivotal twist with Cardiff City threatened with a three-window transfer ban by FIFA if they fail to make an initial payment of €6 million to Sala’s previous club Nantes.

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Finance

Norwich left without a parachute – yet escape to the promised land 

By David Owen

November 5 – Norwich City, the chirpy East Anglian club controlled by celebrity chef Delia Smith and husband Michael Wynn Jones, racked up a hefty loss while securing their return to the Premier League last season. 

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Finance

Flamengo play their way to record €142m revenue

November 4 – On the back of sporting success Flamengo are enjoying record revenues of €142.8 million for the first nine months of 2019. 

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Finance

Shareholders fleeced after Goals’ £40m+ accounting scam forces fire sale

November 1 – Goals Soccer Centres, operators of five-a-side football venues, has been sold to a newly formed company Northwind 5s, owned  by rival operator Soccerworld and private equity firm Inflexion.

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Finance

Bury cling to lifeline of 35-day extension to settle debts

October 31 – Bury FC, the first English professional team to go out of business for 27 years, have been given a 35-day extension after a winding-up petition was adjourned in the High Court.

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Finance

£350m market value? Wolves profit put at £20m with public listing possible 

By David Owen

October 30 – Wolves chairman Jeff Shi has confirmed that a stake in the resurgent Midlands club is up for sale, while disclosing that the Chinese-controlled outfit made a profit of roughly £20 million in 2018-19.

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Finance

Inter report near €50m loss, but exit UEFA Settlement Agreement

inter milan logo

By David Owen

October 29 – Inter Milan, lying hot on Juventus’s heels after a promising start to the Serie A season, have reported a net loss of €48.4 million, attributed to “significant investments” made to strengthen on-field performance.

Read more …

Finance

Palace accelerate receipt of £22.5m Wan-Bissaka transfer instalment

By David Owen

October 24 – Crystal Palace, off to a good start to the season under former England boss Roy Hodgson, appear to have made arrangements in effect to receive a £22.5 million instalment of the transfer fee for wing-back Aaron Wan-Bissaka earlier than scheduled.

Read more …

Finance

Qataris in running for stake in Premier League hunting Leeds

Leeds United

October 15 – The owner of Leeds United, one of the sleeping giants of English football, has revealed that Qatar Sports Investments, who own Paris Saint-Germain, are one of three parties interested in taking a major stake in the Championship club.

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Finance

David Owen: Can Ajax and Leicester gatecrash the super-elite?

I have in the past been critical of the financial impact of the Champions League on European club football, and its role in reinforcing formation of a super-elite based partly on whether clubs happen to be located in one of the most lucrative European national TV markets or not.

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Finance

Wanted, new money. Crystal Palace sales memo issued valuing club at £210m

October 3 – Three years after buying into Crystal Palace, US owners Joshua Harris and David Blitzer, look to have put their stake up for sale in a deal that would value the south London club at £210 million.

Read more …

Finance

Arsenal’s Pépé and Chelsea’s Abraham top ranking of players increasing in value

October 2 – PSG’s duo of Kylian Mbappe and Neymar are still the most valuable players in the world at €225 million and €196 million, but the record breaking summer transfer window has thrown some new names into the pot with Arsenal’s new winger Nicolas Pépé topping a ranking of players who have increased their market value.

Read more …

Finance

Ajax double revenue to €199m on back of Champions League run

October 2 – Dutch club Ajax often have the ‘giants’ epithet attached to them because of their deeds on the pitch. Now they are getting closer to justifying that term financially having reported a 2018/19 financial year that more than doubled turnover to €199.5 million.

Read more …

FIFA

FIFA orders Cardiff to pay Nantes €6m as first instalment for Sala

October 1 – Cardiff City have been ordered by FIFA to pay the first instalment of €6 million to Nantes for £15 million striker Emiliano Sala who died in January when the light aircraft carrying him to Cardiff two days after he signed crashed into the sea before he could play a single game.

Read more …

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