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Finance

Michael Keane helps ‘best of the rest’ Burnley to impressive £45m profit

By David Owen

April 4 – Burnley, the team from the Lancashire mill town, have reported an impressive pre-tax profit of £45.1 million for the 2017-18 season when the Clarets qualified for Europe for the first time in more than half a century.

Read more …

Finance

West Brom bagged £7.4m loss in relegation season

By David Owen

April 3 – West Bromwich Albion, the Chinese-controlled Midlands-based football club currently battling to make a swift return to the Premier League, has reported a £7.4 million loss for its relegation season.

Read more …

Finance

Mbappe and Kane top price lists, as Sancho’s value leaps to match his breakthrough season

April 3 – With the season now rapidly progressing towards its closing league stages across Europe and eyes starting to focus on summer transfer activity, the CIES Football Observatory has calculated the highest estimated transfer value per big-5 league club.

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Europe

New Milan stadium in doubt as mayor says he prefers a revamp of San Siro

April 2 – Milan mayor Giuseppe Sala has spoken of his preference for the cities’ clubs to renovate the San Siro rather than construct a new stadium, leaving future plans over the venue in doubt.

Read more …

Finance

US investors buy Denmark’s Helsingor to provide talent hot house

April 2 – An American investment group led by Jordan Gardner has acquired a majority share in Danish second-tier club FC Helsingor. Gardner is a minority investor in Swansea City and wants to use the Danish outpost to develop American talent.

Read more …

Finance

Olympiakos and Forest owner Marinakis unearths a Diamond S. $1.65bn win

April 2 – Nottingham Forest owner Evangelos Marinakis, clinging on to hope of a play-off slot for a Premier League place, has sealed a major deal in another part of his business empire with the launch of new corporation, Diamond S. Shipping Inc, on to the New York Stock Exchange.

Read more …

Finance

Bournemouth’s Cherries sink into red by £10m

By David Owen

March 29 – The financial strain inherent in maintaining a highly competitive Premier League squad while based in a tiny stadium appears to have started to show at AFC Bournemouth.

Read more …

Finance

Top tier Huddersfield cash in with £30m profit

By David Owen

March 28 – Huddersfield Town, the once mighty Yorkshire club who surprised many last year by extending their Premier League stay to a second season, have unveiled a near £50 million improvement in profitability for the year to end-June 2018.

Read more …

FIFA

Will Juve and United be on FIFA’s buy list? Zurich’s money men are not (yet) ruling it out

By David Owen

March 26 – FIFA has yet to rule out buying shares in stock exchange-listed football clubs such as Italy’s Juventus and Manchester United of the Premier League as part of its updated approach to management of its financial assets. 

Read more …

Europe

Cardiff to dispute any fee is due to Nantes on transfer of crash victim Sala

March 26 – The financial wrangling between Cardiff City and Nantes following the air crash that tragically killed Emiliano Sala continues to cast a dark shadow over the player’s untimely death.

Read more …

Finance

Birmingham’s £48.8m gamble ends in more tears with season-threatening 9pt penalty

Birmingham City

March 25 – In one of the most savage penalties ever handed down in English football for financial mismanagement, second-tier Birmingham City have been hit with a nine-point deduction for excessive spending and have been plunged into the relegation dogfight as a result.

Read more …

FIFA

Player injury payouts cost FIFA $106m, but a healthy Russia 2018 kept them under budget

fifa

By David Owen

March 22 – The Club Protection Programme (CPP) cost FIFA $106.5 million over the 2015-18 business cycle, well below the initial sum budgeted of $120 million.

Read more …

Finance

Delaney’s £100k personal loan to cashflow the FAI under scrutiny

March 22 – John Delaney, chief executive of the Football Association of Ireland (FAI), has unwittingly become the centre of attention over loaning €100,000 of his own money to the federation in 2017.

Read more …

Finance

PSG wins CAS appeal to get UEFA’s financial re-investigation shut down

PSG dreams

By Andrew Warshaw 
March 20 – Paris St Germain have won a significant legal victory that could have widespread repercussions, with Court of Arbitration for Sport (CAS) ruling against UEFA in its bid to re-open a previously closed investigation into the club’s finances.

Read more …

FIFA

Exclusive: FIFA gives itself permission to invest in equities

FIFA House logo

By David Owen

March 20 – FIFA has given itself permission to invest in equities as part of its asset management operations.

Read more …

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