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Finance

Man City’s CL future looks bleak as UEFA refers FFP case to judicial chamber

By Andrew Warshaw

May 16 – Still basking in the glory of becoming the first side in a decade to win back-to-back Premier League titles, Manchester City cannot escape global financial scrutiny off the field.

Read more …

Finance

France’s OL records 19% rise in revenue, targets €400m and entry to the Euro elite

By Paul Nicholson

May 15 – French club Olympique Lyonnais whose women’s team compete in the Champions League final this week and whose men’s team are set for a third placed Ligue1 finish, has reported a €36.1 million (19%) leap in revenue of the first nine months of the current financial year to €223.8 million.

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Finance

Crystal Palace deny takeover talks with Shinawatra, but new money is an option

May 15 – Crystal Palace have said that they are not in negotiation on a £150 million takeover deal involving former Manchester City owner Thaksin Shinawatra.

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Finance

Serie A’s relegation-threatened Genoa put up for sale

May 15 – Genoa, Italy’s oldest professional football club which even has the word cricket in its official name, will be put up for sale, the Serie A outfit said in a statement.

Read more …

Europe

Man City face enforced Champions League exit over alleged FFP breaches

By Andrew Warshaw

May 14 – Amid the euphoria of retaining their Premier League title, Manchester City have been brought crashing down to earth with reports that they could be banned from the Champions league – the trophy they crave more than any.

Read more …

Europe

Financial finagling forces FIGC to condemn Palermo to Serie C

May 14 – Palermo have been relegated to Serie C by the Italian Football Federation (FIGC) because of financial irregularities, a decision that crushes their hopes of securing promotion to Italy’s top division.

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Finance

LaLiga unveils record combined revenues of €4.4bn

May 10 – LaLiga’s aggressive international expansion and the smart player trading of its clubs has seen combined club revenues hit a record €4.479 billion for the 2017/18 season, a growth of 20.6% over the previous year.

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Finance

Big money buy: Sancho tops U20 transfer value shopping list at €150m

May 7 – As the Summer transfer window creeps closer to opening and big clubs prepare for their close season shopping, a ranking of Big 5 league U20 players by value has been released with England and Dortmund’s Jadon Sancho (pictured) top of that list.

Read more …

Finance

Sport sponsorship spend to hit £49bn in 2024 but rightsholders are missing out

May 3 – Football clubs and sports generally are missing out on £14 billion of sponsorship money annually, according to an analysis by sports marketing agency Two Circles.

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Finance

Second best: Man Utd’s value drops below Man City for first time; Spurs above Liverpool

By Paul Nicholson

May 1 – Manchester United may have generated £90 million more in revenue than Manchester City in the 2017/18 financial year (£590 million vs £500 million), but City have overtaken their red rivals and are currently worth almost £275 million more as a club.

Read more …

Finance

MBS thwarted as Glazers refuse to sell Man Utd to Saudi Crown Prince

May 1 – Saudi Arabia Crown Prince Mohammed Bin Salman is no longer considering  a £3.8b billion takeover of Manchester United according to British press reports.

Read more …

Finance

Sunderland boss paid £1.9m as club plummets and losses mount

April 30 – Former Sunderland chief executive Martin Bain received more than £1 million in compensation last year even though the Scot oversaw two consecutive relegations during his tenure and enacted huge cost-cutting at the club, according to Sunderland’s financial accounts. 

Read more …

Finance

Player wages spiral as Premier League clubs battle to maintain profitability

April 25 – In the 2017-18 season English Premier League football clubs’ revenues reached a new high, but that was offset in the pre-tax profits by increased spending on player wages, according to a report by Deloitte.

Read more …

Finance

Spurs and Liverpool set new standards in second-best season for Premier League profits

money go round

By David Owen

April 23 – The 2017-18 season will go down as the one in which not one but two Premier League teams – Liverpool and then Tottenham Hotspur – set world records for football club profitability. Yet overall, this was only the second-best season ever in profit terms for the 20 clubs who competed in English football’s top flight.

Read more …

Finance

Sigurdsson sale not enough to prevent dive into loss for relegated Swansea

By David Owen

April 22 – Swansea City have reported a pre-tax loss of £3.2 million for the year to 31 July 2018, the club’s relegation season.

Read more …

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