Finance Archives - Page 89 of 93 - Inside World Football

Man Utd set for £530m record revenue but need CL qualification to max the adidas deal

Man Utd3

By Andrew Warshaw and Paul Nicholson

November 18 – The full scale of the pressure on Jose Mourinho to succeed in his first season at Manchester United has been underlined by the revelation that the club will lose more than £20 million in sponsorship income from Adidas if they fail to qualify for next season’s Champions League. But the club says it is still on course to hit record revenue of between £530 million and £540 million for the full year.

Finance

Berlusconi’s AC Milan bail-out, but who are the men behind the Chinese money?

Silvio Berlusconi_-_AC_Milan_30_March

November 17 – As this weekend’s Milan derby approaches with both clubs now in the hands of Chinese investors, officials are questioning the authenticity of one of the deals.

Finance

Hahn wins Constantin power play but legal issues and fraud probes loom

By Paul Nicholson

November 15 – Dieter Hahn (pictured), the controversial and secretive boss of German media corporation Constantin Media and a key figure behind the scenes in the alleged cash for votes scandal around the Germany 2006 World Cup bid, has engineered a stunning boardroom coup that leaves him in control of Constantin which is to restructure as a sports only business.

Finance

Aberdeen and Rangers look upwards in battle to find financial stability

Rangers

By Paul Nicholson

November 9 – The polarisation of financial power around Scotland’s two big clubs, Celtic and Rangers, was emphasised again with Aberdeen reporting a record £13.4 million turnover, up £337,000 from last year.

Finance

Neymar back in Spanish court as shortchanged TPO investors chase missing transfer cash

Neymar 10

November 8 – A Spanish judge has re-opened the case against Brazilian star Neymar and his father to stand trial on fraud charges relating to his 2013 move to Barcelona from Santos.

Finance

CEO Bolingbroke exits with de Boer as Inter bring in Chinese chief Jun to stop rot

November 8 – The crisis at Inter Milan, one of Europe’s most iconic clubs, has gone from bad to worse with chief executive Michael Bolingbroke resigning and following sacked coach Frank de Boer out of the club.

Finance

Saints lure Lander to south coast revolution but Chinese deal hard on price

southampton-fc-finances

By Paul Nicholson

November 3 – Saints could soon be marching in to a Chinese tune. The Premier League club are in exclusive negotiation with Lander Sports Development Co. of China though there seems to be some readjustment over valuation of the club.

Africa

Mystery UK investors offer $1.5bn for takeover of Nigerian league

November 3 – Forever cash-strapped Nigerian football could have a solution to its problems if rumours that a group of UK investors are ready to invest $1.5 billion into the Nigeria Professional Football League are true.

Finance

Hull City sale still open but GCPSL have current lead with £130m bid

November 2 – The Hull City takeover saga continues with front-runner Greater China Professional Services Limited (GCPSL)holding a press conference in Hong Kong outlining their plans for the club, but saying that although they are currently undertaking due diligence they do not have an exclusivity agreement with the club but a memorandum of understanding.

Finance

Man City top Champions League payments table as big four leagues scoop 64% of the cash

Champions League graphic

By Paul Nicholson

November 2 – UEFA shared an eye-opening €1.345 billion between 42 clubs last season, an increase of €315 million on the previous season. Top of the table of high earning clubs were semi-final losers Manchester City (€83.8 million), Real Madrid CF (€80 million), Juventus (€76.2 million) and Paris Saint-Germain (€70.8 million).

Finance

Liverpool and Spurs top table of Europa League payments

November 2 – Being the poor relation doesn’t necessarily mean poverty. UEFA’s 56 Europa League clubs shared €411.1 million in payments for the last season of competition. Although a far cry from the €1.345 billion shared by the 42 Champions League clubs, it was a whopping €240 million increase on the 2014/15 season.

Finance

Inter cut losses by €80m as Suning’s new money positions club for Euro push

By Paul Nicholson

October 30 – Internazionale have announced a jump in revenue for 2015-16 of almost €43 million, despite having no involvement in European competition and in particular the lucrative Champions League participation and prize monies, a core target for the new Chinese owners.

David Owen

David Owen – Has Tebas dropped support for European Super League after all?

In September it was reported that Javier Tebas, showman President of La Liga, had given conditional support to the notion of a breakaway European Super league. Well, to judge by his bravura performance at Sportel Monaco last week, the newly-re-elected Spaniard has undergone an evolution in his thinking.

Finance

Dutch FA delivers €6.8m profit as member levels hit record high

KNVB shirt

By Samindra Kunti

October 31 – The Dutch FA, the KNVB, has reported a profit of €6.8 million for the 2015/16 season. The KNVB also revealed that registered members of the governing body had jumped to 1,227157, the highest level in its history.

Finance

Sevilla, Atlético and Dortmund challenge myth that big spend means big win

Transfer money record

By Paul Nicholson

October 28 – The accepted football wisdom is that if you throw big money at buying your playing squad then you will win. The reality of this rule of thumb is different and as a rule is challenged by a Football Benchmark analysis that examines the average net player trading activity, between the 2011-12 and 2014-15 seasons, of top European football clubs.