Is Inter’s Thohir swapping Serie A for Oxford and a crack at the English leagues?
September 25 – Former Inter Milan president Erik Thohir looks to be back in club acquisition mode but on a smaller scale to his last club buy.
Tag: finance
Celtic’s domestic dominance pushes revenue past £100m with £27m of cash in the bank
By Paul Nicholson
September 21 – Scottish Double Treble winners Celtic have announced record revenue of £101.6 million, an £11 million improvement on the previous year and a doubling of profit to £17.3 million before tax.
Billion $ baby: Man City’s owners drive club transfer spending to top of Big 5 ranking
September 19 – Manchester City, who open their Champions League campaign tonight, have the most expensively assembled squad in the world, put together at a cost of almost €1 billion in transfer fees.
Man City kick off new financial results season in solid but unspectacular fashion
By David Owen
September 14 – Just for a change it is the blue, rather than the red, side of Manchester that has kicked off the latest Premier League financial reporting season. A pity then that Manchester City’s newly-published 2017-18 results should be as solid and, well, unspectacular as much of the football played last year by Pep Guardiola’s record-breakers was irresistible and inspired.
Neymar tops list at €233m as KPMG launches new player valuation tool
September 6 – KPMG Football Benchmark has released a new digital Player Valuation tool that provides market value estimations for 4,000 players from the top 11 European and South American leagues.
£350m for Watford? Pozzo turns down £125m share sale
September 3 – Premier League Watford’s Italian owner Gino Pozzo (pictured) has reportedly turned down a £125 million offer for 37.5% of the club from US media investment company Pacific Media Holdings.
AC Milan could reach deal new deal with UEFA to satisfy past FFP rule breaking
September 3 – The rollercoaster financial and ownership ride of AC Milan’s progress into this Europa League under the club’s new management group looks to be taking a further positive step for the club.
Blackbridge and SportyCo combine to offer cryptocurrency opportunity to clubs
August 31 – Cryptocurrency is increasingly making inroads into the commercial football club market with the latest announcement being a strategic partnership between investment finance dealmakers Blackbridge Cross Borders and blockchain technology business SportyFi, operator of the SportyCo platform.
On/Off: Abramovich rumour mill fuels Chelsea sale and stadium rebuild talk
August 28 – Chelsea owner Roman Abramovich is poised to restart plans to renovate the club’s west London stadium, Stamford Bridge, though it seems increasingly likely he will not be the owner once the stadium rebuild is complete.
Usmanov confirms Arsenal share sale at £29k per share – a £550m cash-out
August 8 – Arsenal’s second biggest shareholder Alisher Usmanov has confirmed that he is selling out to Stan Kroenke allowing the American mogul to take full control of the club.
Kroenke’s £600m outguns Usmanov to take control at Arsenal
By Andrew Warshaw
August 7 – American billionaire Stan Kroenke, the major shareholder in Premier League Arsenal, looks set to buy the rest of the club in a deal that would value it at £1.8 billion but which, while unifying the shareholding under one owner, is already splitting opinion amongst supporters.
US investor close to snapping up Ligue 1’s Bordeaux for estimated €70m
By Paul Nicholson
July 31 – The attractiveness of French Ligue 1 clubs to foreign investors is undiminished. Girondins de Bordeaux owner M6 Group has announced it has entered into exclusive negotiations with US-based investment fund GACP to sell its shareholding.
Apax funds swoop to acquire data specialists Genius Sports
July 30 – Sports data specialists Genius Sports Group is to be acquired by a group of funds advised by Apax Partners. The new money will be used to expand internationally, said the company.
Real Madrid turns to banks to raise funds for €500m revamp of Bernabeu
July 27 – Real Madrid are going to the financial markets to raise between €400 million and €500 million for a remodeling of their Santiago Bernabéu stadium.
Billion dollar Barca. Club hit record revenues but profits edge down
July 19 – Barcelona have posted record revenues for the 2017/18 season and financial year of €914 million ($1.07 million). The club showed operating profit of €32 million, leaving net profit after tax of €13 million.