Finance Archives - Page 120 of 130 - Inside World Football

Money points to a Barca, Bayern or Real CL win, but can Juve upset the cash balance

Champions League graphic

By Paul Nicholson

April 13 – The last eight teams in the Champions League quarter finals show a disparity of income that would indicate the 2017 winners will almost inevitable be one of Real Madrid, Barcelona or Bayern Munich. But with Juventus taking a three goal lead into their second leg at Barcelona and Real Madrid or Bayern destined to knock one or the other out, the comparative have-nots might still have their day.

Finance

At over £110K a week Man Utd player earns 281 times more than a fan

ball and money

By Paul Nicholson

April 13 – Manchester United pay their players on average 281 times more than their fans earn, the third highest differential in Europe, only beaten by Spanish giants Barcelona and Real Madrid who pay their players 350 times what the average fan earns.

FIFA

News Analysis: FIFA pins hopes on Russia 2018 to rescue it from torrent of red ink

By David Owen

April 10 – FIFA, the world governing body currently exposed to investigations by the United States Department of Justice and Switzerland’s Office of the Attorney General, is budgeting for a deficit of close to half a billion dollars this year before a sharp rebound in the World Cup year of 2018.

Finance

UEFA finances boom as Euro2016 delivers a €847m profit

football and euros

By Paul Nicholson

April 7 – While the €1 million solidarity payment to each national federation made headlines at the UEFA Congress this week, the real financial story is the €847 million profit the confederation made on its expanded 2016 European Championships, a €500 million increase on the 2012 edition in Poland and Ukraine. The tournament generated a massive €1.92 billion in total revenue.

Finance

Swansea’s US owners front up to fans and admit mistakes have been made

Swansea City logo4

April 5 – American owners of Premier League clubs don’t always have a happy time and are often conspicuous by their absence, especially when the going gets tough. But Swansea City’s majority owners Steve Kaplan and Jason Levien fronted up to a supporters forum yesterday taking their share of the blame and a heap of criticism.

Finance

CFG adds Uruguay’s Torque as feeder for Man City, NYCFC, Melbourne and Yokohama

April 5 – Manchester City owner City Football Group (CFG) has taken control of a fifth club, Uruguay’s second division Club Atletico Torque. CFG also owns New York City FC in the US, Melbourne City in Australia, and a controlling position in Japan’s Yokohama F Marinos.

Finance

Chelsea open talks over West Ham groundshare as Wembley option fades

Chelsea image

April 4 – Chelsea and Tottenham Hotspur are competing for more than just the Premier League title. They both want to use Wembley Stadium while their own grounds are being redeveloped.

Finance

Hertha Berlin push for new 55,000-seat arena next to Olympiastadion

April 3 – Bundesliga club Hertha Berlin are planning a move away from the Olympiastadion where they have played since 1963, to a new 55,000 seat arena that would ideally be situated right next door to its current stadium.

Finance

Cash floods in at Tottenham, as club prepares for White Hart Lane departure

Spurs flags

By David Owen

March 30 – Tottenham Hotspur, the North London club leading the pursuit of Chelsea at the top of the Premier League, have given details of another highly satisfactory financial performance.

Finance

Everton get rising tide of support for new stadium, but could it be a wash-out?

Everton crowd

March 29 – Everton fans would be forgiven for getting that sinking feeling over their long-awaited move away from Goodison Park.

Finance

Mioduski steps up to take full control at Legia Warsaw

March 28 – The majority owner of Poland’s leading club Legia Warsaw, Legia Warsaw, Dariusz Mioduski (pictured) has acquired the minority shares in the club and vowed to take a hands-on role in the management.

Finance

Yonghong Li drops Sino-Europe Sports to go it alone with AC Milan buy

Silvio Berlusconi_-_AC_Milan_30_March

March 27 – There has been another wrinkle in the sale of AC Milan with the date for completion now being set for April 14. The buyer will no longer be Sino-Europe Sports and the money will not be coming from China, but the owner will be Chinese.

Finance

Villa whacked up its pay load as it sank into the Championship

By David Owen

March 27 – Directors’ remuneration at Aston Villa, the proud old Midlands club now stuck in mid-table in the English second tier, almost tripled in 2015-16, its relegation season.

Finance

Barca invest in their future with launch of Innovation Hub

March 23 – FC Barcelona have officially unveiled their Barça Innovation Hub (BIH) with the aim of positioning the club as the leader in sports knowledge, innovation and technology.

Finance

Bayern’s dominance is bad for Bundesliga, says Siefert

Bayern Munich fans

March 21 – The German Bundesliga is often portrayed as a model example of fair play when it comes to club ownership rules and affordable ticket prices. But according to the league’s own CEO, Christian Seifert, Bayern Munich’s domination threatens the Bundesliga’s reputation and their rivals must show more ambition in order to close the gap.