July 4 – Bulgaria’s Levski Sofia has reduced its debt to the National Revenue Agency (NRA) by nearly BGN 2 million (€1milion). Levski had come under criticism from fans for not providing any accounting for the donations from the supporters.
June 20 – American player agency CRD Sport is the new owner of Bulgarian top tier club Beroe Stara Zagora. CRD has acquired 100% of the club’s shares from the ‘Football Support Association – Beroe’.
June 19 – The European football grew by 7% in the 2021/22 season to to €29.5 billion according the 32nd Annual Review of Football Finance published by Deloitte’s Sports Business Group.
June 15 – Bulgaria’s Levski Sofia have announced that nearly BGN 600,000 (€300,000) has been raised from the sale of shares.
May 25 – The German Football League (DFL) has walked away from a potential €2 billion of private equity funding for a stake in the Bundesliga’s media rights.
May 24 – In Brazil leading clubs are pushing to take control of all their media and commercial rights with the construction of a new league entity. In Chile, the desire for new and increased funding is similar though the professional league is following more of a European model.
May 24 – Manchester City manager Pep Guardiola has said that he wants the 115 Premier League financial charges against the club to be dealt with “as soon as possible”.
May 17 – Sheikh Jassim bin Hamad Al Thani of Qatar has reportedly submitted an improved offer in the latest bid manoeuvring around the sale of Manchester United. The new offer is understood to be in discussion between the Glazer family and the Raine Group, the New York-based investment bank, who are handling the sale.
May 12 – While the Manchester United sale process closes in on naming a preferred bidder another of Europe’s biggest clubs looks to be readying for a sale of stock.
May 9 – The on-off German Bundesliga foray into raising private equity finance via a sell-off of a stake in its media rights, has seen US private equity firm KKR drop out of the latest round of bidding, according to reports.
April 28 – The Manchester United ownership saga is expected to take a significant step forward later today in what is expected to be the third and final bid deadline.
By David Owen
April 10 – Chelsea’s new US owners made payments totalling nearly £50 million to former directors of the West London club for services relating to the protracted £4.25 billion sale that last year brought down the curtain on the trophy-studded but controversial Roman Abramovich era.
April 9 – The DFL is reporting an increase in the total revenue of German professional football to €4.48 billion in the 2021-22 season, the first increase since the pandemic.
By David Owen
April 3 – The sales of World Cup star Richarlison and Lucas Digne have enabled Everton to report a reduced loss of £44.7 million for the 2021-22 season. This follows three consecutive years of £100 million-plus losses at the pre-tax level.
By David Owen
April 3 – Newcastle United have produced accounts covering the club’s first nine months under the ownership of an investment group led by Saudi Arabia’s Public Investment Fund (PIF).