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Finance

West Ham boss Karen Brady warns government that lack of clarity over ownership test is harming new investment

December 5 – Clubs from across the English football pyramid are “alarmed” by the lack of consultation on legislation which could “fundamentally affect the future” of the game, West Ham United vice-chairwoman Karren Brady has warned.

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Finance

Bruin Capital creates $310m player agency branded AS1

December 5 – US-based private equity investor Bruin Capital, backed by one of its main investors TCJ, has bought three player agencies, merging them into a group reportedly valued at €310 million.

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Concacaf

LigaMX clubs to vote on £1.25bn private equity stake in commercial rights from Apollo

December 5 – Mexico’s LigaMX clubs are set to vote on a $1.25 billion proposal to sell a stake in their commercial rights to private equity giant Apollo Global Management with deal also including participation from the NFL.

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Broadcast

Le Classique piracy highlights fundamental issue facing LFP’s broadcast deals

December 2 – Illegal streams of professional football have long been a thorn in the side of broadcasters. In France that has been taken to a new level according to stark new findings presented by LFP Media, the commercial entity of the Professional Football League (LFP).

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Finance

Keith Harris leads £230m Sportsbank bid for Textor’s Crystal Palace shares

November 28 – John Textor, whose multi-club ownership vehicle Eagle Holdings is preparing for a £2.3 billion stock market float, looks to be closing in on the sale of his 46% stake in Premier League Crystal Palace.

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Finance

Eagle Football raises first $40m in pre-IPO financing led by UCEA Capital Partners

November 27 – The multi-club ownership group ​Eagle Football Holdings, led by US businessman John Textor, has announced $40 million of initial equity investment towards a $100 million pre-IPO financing round, led by Portuguese investment fund UCEA Capital Partners.

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Finance

Man Utd debt balloons to £714m as cost of hiring Amorim hits €12.6m

November 27 – Since becoming Manchester United minority shareholder, Sir Jim Ratcliffe (pictured), has been wielding a heavy scythe. In July he released 250 employees in a decision related to cutting costs.

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Finance

Premier League clubs vote in new APT rules but Man City and Newcastle still object

November 24 – The Premier League clubs have majority-agreed changes to the league’s Associated Party Transaction (APT) rules at a shareholders’ meeting held last Friday. 

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Finance

Pashov offers $500k for troubled Lokomotiv Plovdiv, $2m off asking price

November 25 – Construction entrepreneur and investor Ivan Pashov (pictured) has announced he is ready to buy the controlling stake in Bulgaria’s Lokomotiv Plovdiv. Pashov said he is ready to pay BGN 1 million (€500 000) to current owner Hristo Krusharski in order to gain control of the Plovdiv club.

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Finance

Deinze field youth team as seniors strike over unpaid wages and AAD money is slow to materialise

November 25 – In a sign of the club’s financial difficulties, Belgian second-division club Deinze fielded a junior team in their 3-0 home defeat against Francs Borains, as elite players refused to play due to unpaid wages.

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Concacaf

Mata follows Beckham into MLS ownership with stake in San Diego FC

November 22 – Former Manchester United, Chelsea, and Spain star, Juan Mata has announced that he’ll be joining the investment group behind Major League Soccer’s (MLS) newest franchise, San Diego FC, as a part owner.

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Finance

Report on transfer volumes by league shows a chilling reliance on the EPL’s big spenders

November 21 – The latest CIES Football Observatory analysis charts the Premier League’s staggering net transfer deficit of €11.6 billion over the past decade, in comparison to other leagues worldwide.

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FIFA

FIFA Clearing House distributes $125m in club solidarity transfer fees, further $200m is pending

November 21 – FIFA has announced that more than $125 million has been distributed to clubs around the world from transfers of their former players through its Clearing House system that has now been fully operational for two years.

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Finance

Valencia’s Ghost Stadium comes to life

November 19 – The Nou Mestalla may finally be closer to competition after it was announced that a new long-term corporate financing agreement has been finalised between Valencia CF and its investing partners to complete the stadium.

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Finance

OL handed transfer ban as Textor scrambles to find cash to inject into club

Olympique Lyonnais badge

November 18 – In a move that sent shockwaves through French football, Olympique Lyonnais, one of the country’s most prestigious clubs and domestic title winners seven times, have been banned from making any signings in the January transfer window and will be relegated from Ligue 1 at the end of the season if they are unable to address a financial crisis.

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