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Finance

Record summer transfer spend in Europe as Big Four try to close gap with Premier League

By David Owen

September 3 – The early end to the transfer window may have taken the edge off summer spending by clubs in England’s Premier League, but their rivals elsewhere in Europe did not hold back from splashing the cash.

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Finance

Real Madrid post €757m revenue figure and €53.5m profit

real madrid

September 2 – Real Madrid have announced operating revenue of €757.3 million for the 2018/19 season, a 0.8% increase on the previous season.

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Finance

Money talks, b******t walks? EFL refuse to revisit Bury expulsion after money shows up

August 30 – Within days of Bury becoming the first English professional team to go out of business for 27 years, the English Football League have been accused of acting too hastily after an investment company reportedly came up with £7 million proof of funds to take over the League One (third-tier) club.

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Finance

Bolton back in business after Football Ventures finally completes acquisition

Bolton Wanderers

August 29 – Twenty-four hours after the demise of Bury, the first English club in 27 years to go out of business, fellow third-tier Bolton Wanderers, one of the most iconic names in the domestic game with a long and illustrious history, have avoided a similar fate by being sold at the 11th hour.

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Finance

EFL ends Bury’s 125-year league history; Bolton given two-week reprieve

By Andrew Warshaw

August 28 – In what will go down as one of the darkest days in recent English football history, Bury, one of the country’s oldest clubs, were expelled from the Football League (EFL) on Tuesday after failing to resolve their financial problems, the first English club to go out of business for 27 years.

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Finance

Bolton on the brink. Administrator says shut down will start if no buyer secured in 2 days

Bolton Wanderers

August 27 – Unthinkable, impossible, devastating. Just three of the reactions to Bolton Wanderers, one of English football’s most iconic teams who were in the Premier League as recently as nine years ago, possibly disappearing into oblivion after a proposed takeover of the troubled League One (third-tier) club collapsed.

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Finance

Manchester Lib Dems want City and United to help save beleaguered Bury

August 23 – Leading figures from Britain’s centrist Liberal Democrat party have called on regional giants Manchester City and Manchester United to chip in to a fund to help save Bury, the third-tier club whose existence appears in serious jeopardy in wake of passage of a Company Voluntary Arrangement last month.

Read more …

Finance

Sunderland ownership reboot. Donald poised to bring in new US money and Dell-boy

August 23 – English tier three club Sunderland, who only three seasons ago were in the Premier League, look set to have new American majority owners via an investment group likely to include computer billionaire Michael Dell.

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Finance

Big spending Spurs move to reschedule £400m debt to keep the cash flowing

August 23 – Premier League Tottenham Hotspur, now settled in the £1 billion new stadium and having spent over £100 million in August on players, are refinancing more than £400 million of bank debt.

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Finance

Last minute suitors in bid to rescue Bury from oblivion

August 23 – The clock is ticking on Bury football club but they could be given a 48-hour extension to save themselves.

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Finance

Ratcliffe cleared to take ownership of Ligue1’s table topping Nice OGC

August 22 – French competition authorities have cleared British billionaire Jim Ratcliffe to take over Ligue 1 club Nice OGC and become the first British club owner in the French league. 

Read more …

Concacaf

St Louis wins 28th MLS franchise with female-led ownership group

August 21 – St. Louis was officially announced as the newest MLS expansion franchise on Tuesday, in what is the league’s first female majority-owned team.

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Finance

Bolton takeover delay forces match postponement over player welfare issues

Bolton Wanderers

August 20 – The demise of one of the most iconic clubs in English  football who were in the Premier League only seven years ago has taken another damaging turn with Bolton Wanderers forced to postpone tonight’s match against Doncaster Rovers in the third-tier League One.

Read more …

Finance

Manchester clubs top list of payouts to injured players in record season of injuries

money

August 16 – Shorter summer breaks and increased international workloads are resulting in an increasing number of injuries. The evidence is in the numbers and the costs of those injuries.

Read more …

Finance

Bury cling on but EFL postpones fourth fixture

August 14 – The on-going survival saga of English League One club Bury has seen the English Football League (EFL) suspend another of their fixtures – this weekend’s home league match against Gillingham.

Read more …

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