Inter Milan back on the sales block with asking price of $1bn
October 19 – The sale of Inter Milan looks to be accelerating with the club’s Chinese owners having engaged US investment bank Raine Group as well as Goldman Sachs to find a buyer.
Tag: finance
Bayern Munich report tripling of profit as fans return to Allianz Arena
October 18 – FC Bayern Munich have reported a profit for the 2021/22 financial year was once again able to report a profit in the 2021/22 financial year despite the fact that the German champions had to play the majority of their home matches with restricted spectator capacity.
QSI expands club ownerships with minority stake in Portugal’s Braga
October 10 – Expanding a club ownership portfolio that includes Paris Saint-Germain and KAS Eupen, Qatar Sports Investments (QSI) have acquired a minority stake in Portuguese club Braga.
Aussie A-League’s Melbourne Victory sells minority stake to 777 Partners
October 6 – American investment firm 777 Partners has acquired a stake in the Australian A-League club Melbourne Victory, expanding its ownership portfolio.
Perez keeps pressure on for Super League saying football has lost global lead
October 3 – Real Madrid president Florentino Perez has reaffirmed his club’s commitment to a Super League, arguing that football in its present form is “sick” and is “losing the global entertainment battle.”
Celtic put covid behind them with £6m profit and look ahead to UCL money spinner
September 21 – Scottish giants Celtic have reported a revenue increase to £88.2 million for the year ending June 2022, an uplift of 45% on the previous year where it was still battling the financial restrictions resulting from covid.
Barca confirm €98m profit for 2021-22 and predict €271m for current season
September 20 – Barcelona have announced profits of €98 million for the 2021-22 campaign and predict they will make another €271 million in the current season – despite crippling debts that at one stage delayed them from registering all their summer signings for this season.
Las Vegas Knights owner Foley saddles up for Premier League ride with Bournemouth
September 19 – Bournemouth could be the next Premier League club to fall under US ownership after reports in the US and England that a Las Vegas-led consortium had bid for the club.
Norwich take on new US investor and a £10m loan
September 15 – Norwich City, battling for a return to the Premier League having been relegated last season, are the latest English club to attract US investors.
Real Madrid report rebound in turnover as profits rise to €13m
September 14 – Real Madrid is reporting a €13 million profit for the financial year 2021/22 on a turnover of €722 million. The is a €69 million increase in tunover on the previous year.
LiveScore Group to expand with £50m investment from Ringier
September 7 – LiveScore Group, who have driven their footprint in the football market with the real time delivery of match scores globally, has taken a £50 million investment from Swiss media and technology giant Ringier, valuing the LiveScore business at £500 million.
Redbird lands $1.2bn AC Milan deal
By Samindra Kunti
September 1 – Redbird Capital, the investment firm with ties to the New York Yankees and the Boston Red Sox, has acquired Italian giants AC Milan for $1.2 billion.
DFL opens private equity talks over $3.6bn capital raise
August 24 – The German Football League (DFL) has returned for a second pass at the private equity markets, this time bringing in Deutsche Bank as its advisors on the potential sale of a broadcast rights package.
Glazers consider Man Utd sell off options to raise £200m for Old Trafford expansion
August 23 – Manchester United owners the Glazer family are considering selling a share of future TV income to raise £200 million.
Russian oil firm Lukoil steps in to refuel Spartak Moscow’s finances
August 23 – Russian oil firm Lukoil has acquired Russian Premier League club Spartak Moscow as well as the club’s home venue, the Spartak Stadium.