Ashley calling the Toon? Is Newcastle United ownership heading east?
October 5 – The financial rumour mill is again buzzing with talk that Mike Ashley could at last find a buyer at a price he would accept for Premier League Newcastle United.
Tag: finance
Real, Barca, Chelsea and Bayern stretch pay vs revenue benchmarks
October 4 – Despite talk of luxury taxes, salary caps and squad limits, the financial reality is that top clubs can afford the ever-inflating costs of players and staff, according to latest research from the KPMG Football Benchmark team.
AC Milan owner Yonghong hunts for help with debt and new investors
October 2 – The uncertainty around AC Milan’s ownership is continuing with Li Yonghong, who only took over in April, already looking for new investors to share the burden of the debt at the loss-making club.
Absence of Champions League bonus helps Arsenal report a £44.6m profits bounce
By David Owen
September 28 – Arsenal, the North London club which finished a disappointing fifth in the Premier League last season, has unveiled a substantial rebound in profits.
Man City are the most expensive team in history. PSG and Man Utd rank next highest
September 12 – A calculation of transfer fees spent on forming teams in the Big 5 leagues has found that Manchester City, with a spend of €853 million, has the most expensively assembled squad in football history.
Money talk: PSG are ‘insulted’ and Man City hunt out their lawyers over Tebas comments
By Andrew Warshaw
September 7 – Manchester City have vehemently defended their conduct in the transfer market after both they and Paris St Germain were accused by Spanish league boss Javier Tebas of “financial doping”.
PSG transfer mega-spend triggers UEFA investigation into financial finagling
By Andrew Warshaw
September 4 – Despite insisting they have played strictly by the rules, Paris St Germain’s eye-watering spending spree during the latter part of the summer transfer window is to be investigated by UEFA for possible breaches of financial fair play.
Man City lay the groundwork for CFG acquisition of La Liga’s Girona
By Paul Nicholson
August 17 – Manchester City owners City Football Group (CFG) look poised to complete the acquisition of their sixth club. La Liga’s Girona, promoted to Spain’s top flight this season, are currently hosting Man City and their management in a four-day training camp that ends today.
Neymar’s record fee is early, but £100m deals are set to become the norm, says PwC
By Mark Baber
August 16 – After analysing transfer activity at Europe’s top 20 clubs, global accountancy network price Waterhouse Cooper (PwC) has forecast transfer fees for individual players could surpass £100 million on a regular basis by 2025, with Neymar’s record fee of £198 million coming 5-7 years before trends would have suggested.
Stick or twist? Lander deadline to buy Saints expires leaving next move to Liebherr
By Paul Nicholson
August 1 – The acquisition of majority ownership of Premier League Southampton by Chinese construction business Lander Sports has hit a new roadblock, though it was probably always the same one.
Chelsea look to banks to secure £500m loan for stadium rebuild
July 28 – Chelsea have opened discussions with banks about loan finance to rebuild their Stamford Bridge stadium. The stadium is estimated to cost £500 million to rebuild, but like Tottenham Hotspur’s rebuild of White Hart Lane, that cost is expected to rise.
Matt Scott: £50m footballers are two a penny – but we have been there before
“We must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow.” Dwight D Eisenhower
As the Supreme Commander of the allies’ war effort in the European theatre during World War Two who went on to become president, ‘Ike’ knew a bit about budgets. He was fortunate as the 34th President of the US to lead the world’s biggest economy during rampant boom time,
Balancing the books: Chinese Super League clubs says they have cleared debts
July 27 – Ten of the 13 Chinese Super League clubs threatened with being banned next season say they have cleared their debts.
Lukaku for £303m, Pogba for £415m – the cost of doing business in 2027?
July 25 – Forget Neymar for £200 million, Romelu Lukaku would cost £303 million if transferred in the 2027/28 season. Paul Pogba would cost £415.23 million in 10 years time.
Deloitte report shows English football scoring £4.4bn revenue record, with more to come
By Paul Nicholson
July 12 – English football has never had it so good as Deloitte’s Annual Review of Football Finance shows total revenue for the 92 league clubs hitting a record £4.4bn for the 2015/16 season.