By David Owen
November 23 – Hull City have posted a bumper pre-tax profit of £35.7 million for the year to end-June 2017 – a period coinciding with the club’s brief return to the Premier League.
November 22 – Private German bank Donner & Reuschel is launching a football and entertainment fund that will focus invest on media rights, private equity and real estate.
November 22 – UEFA has asked AC Milan for more information about the club’s financial state before deciding whether to take action for possible breaches of Financial Fair Play (FFP) rules, according to various sources.
November 21 – A Dubai-based financial advisory firm headed by British businesswoman Amanda Staveley is reported to have tabled a formal takeover bid in the region of £300 million for Premier League Newcastle United, one of the most iconic and best supported clubs in English football.
November 21 – Atletico Madrid’s new billionaire Israeli shareholder Idan Ofer has has said his €50 million investment in the club is for business reasons and not his love of the game or Atletico.
By Samindra Kunti
November 20 – Arsenal major shareholder Alisher Usmanov has expressed an interest in acquiring Belgian champions Anderlecht but will be up against Belgian entrepreneurs Paul Gheysens and Wouter Vandenhaute in any bid to take control of the club. The current takeover price is at €80 million for 75% of the club’s shares.
By Paul Nicholson
November 17 – Manchester United are immediately showing the importance of their return to Champions League football announcing a 17% revenue rise to £141 million for the first financial quarter of 2018 ended September 30.
By Samindra Kunti
November 16 – Japanese online company DMM is the new owner of Belgian topflight club Sint-Truiden. Charlton owner Roland Duchatelet (pictured) has sold his shares, ending his ties to Belgian football.
November 13 – Lander Sports, the Chinese holding company whose principal Jisheng Gao (pictured) holds 80% ownership of Premier League Southampton, has signed a deal with Zhihui Real Estate to speed up the construction of its sports projects.
By Paul Nicholson
November 11 – Chelsea’s development of Stamford Bridge into a new-build 60,000 capacity stadium has been pushed back by at least three years.
By David Owen
November 9 – Manchester City, the Abu Dhabi-owned club whose multi-talented squad under Pep Guardiola already look like waltzing off with this season’s Premier League title, have reported a minuscule pre-tax profit of just £104,000 for 2016-17.
November 7 – Manchester City and Spurs have the most valuable squads in Europe, according to research by the CIES Football Observatory. Barca come third in the ranking with Chelsea in fourth spot. All of their squads are valued at over €1 billion.
November 6 – Already in trouble on the pitch despite a come-from-behind victory on Sunday, English Premier League club Everton, who spent around £150 million in the summer to try and break into the top places, are now the subject of a television investigative documentary into who owns them.
October 31 – Professional football clubs are under a growing threat from organised crime. Only 25% of clubs in top leagues worldwide produce publically-available financial reports. And only 40% of national associations are financially viable without the help of FIFA, an organisation whose top officials are being chased down by the US Justice Department under their RICO laws that are used to investigate mafia-style crime rings.
October 25 – Proposals to give a greater share of overseas television revenue to the Premier League’s so-called big six from 2019 has been ditched after no progress was made over the controversial plan.