No-money Barca join Real Madrid in criticism of CVC’s €2.7bn LaLiga buy-in
August 9 – FC Barcelona has joined Real Madrid in protest against La Liga’s proposed CVC investment.
Tag: finance
Concerns over Inter’s future as owner Zhang chased for $250m unpaid loans in Hong Kong court
By Paul Nicholson
August 6 – Inter Milan president Steven Zhang (pictured) is being pursued in a Hong Kong court for $250 million, according to documents filed August 2, 2021.
Barca confident BBB credit rating is enough to enable refinancing
July 30 – Spanish giants FC Barcelona have received a triple B negative rating from credit rating agency Fitch, which the club, burdened by debts and operating on a ‘shoestring’ budget, considered a vote of confidence.
Covid can’t stop Big Five from lifting European market share in black year for revenues – and profits
By David Owen
July 28 – The European football market shrank by 13% to €25.2 billion in 2019-20 – the first reduction in revenues since the global financial crisis, according to new data from Deloitte, the professional services firm.
Lopez concludes acquisition of Girondins de Bordeaux
July 26 – Gerard Lopez has been confirmed as the new owner of Girondins de Bordeaux, saving the Ligue 1 club from bankruptcy.
OL puts lost pandemic revenue at €150m but says vaccine roll-out will return full operations
July 23 – Olympique Lyonnais have reported €177.4 million of revenuefor2020/21, a drop of €94.1 millionfrom the €271.6 million reported in 2019/20 (a 35% reduction).
€175m Mbappé tops world’s players by value; Isak, Foden and Torres stock increases
July 9 – Kylian Mbappé may have missed a penalty at the Euros, but he is still the world’s most valuable player at €175 million, according to updated player market value estimates by KPMG Football Benchmark.
Will Premier League clubs exceed £1bn of red ink? It’s all down to Newcastle
By David Owen
July 8 – Irish playwright Samuel Beckett might have called it Waiting for Newcastle.
Orkila spend €50m on Belgian champions Club Brugge
July 2 – Belgian champions Club Brugge have a new backer, with investment fund Orkila Capital pouring €20 million of working capital into the club.
Schalke sells its esports team for €26.5m
July 1 – German football club Schalke 04 has completed the sale of its esports team, League of Legends European Championship licence, to Swiss organisation Team BDS for €26.5 million.
Atletico Madrid sells off 33.9% of club for €181m to see it over debt crisis
June 29 – Atletico Madrid has had a capital injection of €181.8 million from private equity investor Ares Management who will take a 33.96% stake in the Spanish club.
How Much is Euro 2020 Worth?
June 24 – Euro 2020, the most significant international tournament outside of the World Cup, is currently recording impressive viewing figures across the continent, with some nations enjoying success on and off the field.
Danish Superliga’s Viborg takes on new money and an owner link to Notts County
June 24 – Danish investment group Better Collective has acquired a majority stake in Danish Superliga club Viborg FF.
Former Lille owner Lopez steps in to save Girondins from bankruptcy
June 23 – Former Lille owner Gerard Lopez has stepped forward to save plagued Girondins de Bordeaux from going bust after an agreement was reached according to the Ligue 1 club for an undisclosed sum.
LaLiga tops €5bn in revenue for 2019-20; confident it can ride out covid cash crisis
June 22 – LaLiga has reported total income of €5.045 billion for the 2019-20 season, a 3.6% increase on the 2018-19 despite the impact of the start of the covid pandemic. It is the only one of Europe’s Big 5 leagues of Spain, Italy, England, France and Germany to report income growth.