EU takes steps to crack down on football’s money launderers
July 25 – Football has been added to the EU’s watchlist of money-laundering risks.
Finance
PSG greenlighted for new €250m training complex in Poissy
July 25 – French champions Paris Saint-Germain have been given the green light to develop a new training centre that would cost the Ligue 1 club a reported €250 million.
AS Roma go crypto with Socios.com Fan Token launch
July 19 – Serie A’s AS Roma is to launch club fan tokens via the Socios.com blockchain-based platform, joining Juventus, PSG and West Ham who already have tradeable fan tokens.
Juve put reported €195m package together for Ajax’s Matthijs de Ligt
July 18 – Everyone wanted him but Italian champions Juventus have got him. Matthijs de Ligt, perhaps the best young defender in European football, has signed from Ajax for €75 million.
Billion dollar pay days. UEFA details €3.25bn cash breakdown with €100m+ for CL winner
By Paul Nicholson
July 11- If any reminder were needed of where the real balance of power lies in football, it was delivered yesterday by UEFA’s announcement of how its expected €3.25 billion of revenue in the 2019/20 season will be distributed.
Pique loses tax appeal leaving him with €2.1m to pay
July 10 – Star Spanish and Barcelona defender Gerard Pique has lost his legal battle with the tax authorities and will have to pay €2.1 million in penalties and back taxes.
Milan clubs wants new €1.2bn San Siro. Politicians nervous
July 11 – AC and Inter Milan moved plans for a new stadium forward on Wednesday by disclosing a plan to invest more than €1.2 billion in the project.
Spurs dig deep to find record €60m for Lyons’ Ndombele
July 3 – Tottenham Hotspur, who reached the Champions League final in June without having signed a single player for 18 months, have smashed their transfer record by purchasing 22-year-old French rising midfield star Tanguy Ndombele for a club record €60 million from Lyon.
Scotland’s Hibernian sold to US-based investor
July 3 – Scottish top-flight club Hibernian are the latest team to be taken over by American investors with the announcement that multi-millionaire businessman Ronald Gordon, whose grandfather emigrated from Scotland in 1908, now in charge.
Man Utd’s deal for Wan-Bissaka will help Eagles’ profits soar again
By David Owen
July 1 – Aaron Wan-Bissaka’s big money move to Manchester United may have come as a disappointment but not a surprise to financially literate Crystal Palace supporters.
AC Milan strike FFP deal with UEFA and drop out of Europa League
June 28 – Italian giants AC Milan will not play in Europe next season. The club and UEFA have struck a deal that will see the Milanese serve a one-year ban from European football for breaching financial fair play rules, CAS confirmed.
Sancho adds €50m to take value to €96m, Mbappe is now worth €225m
June 25 – Market value estimates put England and Dortmund winger Jadon Sancho as the player with the highest increase in value in the world since the last transfer window – up €49.6 million to a transfer value of €95.7 million.
Real Madrid buy their way into Spanish women’s league with CD Tacon takeover
June 25 – Amidst the hype of the Women’s World Cup, Real Madrid have disclosed plans to found a women’s team for the 2019/2020 season. The Spanish giant have reached an agreement with CD Tacon that will see them take the club over.
Olympique Lyonnais buys into basketball with Asvel club
June 25 – OL Groupe, owner of Olympique Lyonnais’ men’s and women’s teams, is expanding into basketball with the acquisition of 25% of Asvel.
Commisso plans Fiorentina stadium upgrade as they head to US for pre-season
June 24 – New Fiorentina owner Rocco Commisso has wasted no time getting his feet under the desk at the Serie A club saying he will refurbish the stadium.