By Mark Baber
Junne 29 – Leeds United have confirmed that their parent company has completed the purchase of the Elland Road Stadium, as had been promised by new Chairman Andrea Radrizzani.
June 27 – TV revenues have revolutionised club football finances in Europe. But it is how those revenues are distributed that is crucial to the competitive integrity of leagues, the sustainability of clubs and the competitive balance between the rich and poor.
By Paul Nicholson
June 26 – The messy divorce of English businessman Mike Ashley from his involvement in Scottish giants Rangers now looks to be complete with Ashley having sold his remaining 8.9% shareholding in Rangers International Football Club for £2 million.
June 23 – After three years of being run by doughnuts, far fallen Leyton Orient have been taken over by a man who runs a doughnut company. A consortium led by Baskin Robbins and Dunkin’ Donuts chief executive Nigel Travis (pictured with friends) has completed its takeover.
By Mark Baber
June 22 – A newly formed partnership between Malawi and Morocco will see the Moroccan government inject $5 million into Football Association of Malawi (FAM) infrastructure projects via the Federation of Royal Moroccan Football (FRMF).
By Paul Nicholson
June 22 – Scottish Premiership side Rangers have reached a new retail agreement in their long running and bitter dispute with Mike Ashley and Sports Direct (SD).
June 21 – Both RB Leipzig and Red Bull Salzburg have been given the go ahead to participate in the UEFA Champions League, having restructured their relationships with the Austrian Red Bull energy drinks company to overcome the regulatory prohibition on common ownership of clubs.
June 20 – Sunderland’s relegation from the Premier League also saw the resignation of manager David Moyes over lack of transfer funds, and has accelerated the desire of American owner Ellis Short to sell the club. The club announced it is prioritising its sale over the search for a new manager.
June 20 – The merger of daily fantasy sports DraftKings and FanDuel has been temporarily shelved after the U.S. Federal Trade Commission (FTC) stepped in to block the deal.
June 18 – Liverpool’s bid to host the 2022 Commonwealth Games utilises both its Premier League club stadiums as venues, with Everton’s new stadium at Bramley-Moore Dock being the proposed centrepiece for the Games.
June 15 – Premier League clubs are expected to break the £1 billion spend mark on transfers this summer, but is this money well spent? New research suggests that last summer the savviest clubs were Middlesbrough and Stoke City, while the most profligate were Leicester City, and Manchester United and City on a cost-per-minute-played basis.
By Mark Baber
June 14 – Long-standing concerns over Ronaldo’s tax affairs have come to a head as a complaint by Madrid’s public prosecutor on Tuesday accused the player of “voluntarily” and “consciously” violating his tax duties whilst the player’s representatives strenuously denied any systematic tax evasion.
By Paul Nicholson
June 13 – Chinese construction firm Lander Sports Development now looks the most likely new owner of Premier League Southampton after the company announced to the Shenzen stock exchange that owner Gao Jisheng had received verbal approval from the Premier League for the acquisition.
June 12 – Neymar has the highest transfer value in the world at €210.7 million, according to latest data. Tottenham’s Dele Alli is second placed, €55 million less than Neymar at €155.1 million, but worth €1.5 million than third placed teammate Harry Kane. Both are ahead of Lionel Messi who is valued at €151.7 million. Messi topped the list in 2016 with a €211.1 million transfer valuation.
By Paul Nicholson
June 12 – If there was a World Cup for mergers and acquisitions in football, China would win it. Over the last three years Chinese investors have spent €2.1 billion acquiring non-Chinese football assets outside the country. Second placed USA spent just €313 million over the same period.