Belgian clubs go deep into the red with losses topping €190m
February 15 – Belgian clubs in the top two divisions recorded a cumulative loss of €193 million for the 2022-23 season, the licensing commission confirmed on Wednesday.
Finance
European club football is booming, growing at more than €1bn a year, finds UEFA report
February 15 – Top tier clubs in Europe have recorded aggregate revenue of just under €24 billion for the 2022 financial year, with projections that revenue will grown beyond €26 million in 2024.
Brentford report record revenue of £166.5m, but staff costs grow by £20m
February 14 – Premier League Brentford, currently in their third season in the top flight, have announced a record turnover of £166.5 million for the 2022/23 financial year, the club’s second in the Premier League.
Winter transfer window recorded $1.46bn in sales across 5,073 player moves
February 14 – While the Premier League clubs kept their hands in their pockets in the January transfer window, the winter sales window still saw its second highest spend ever at $1.46 billion.
Bay FC smash women’s transfer record with $860k signing of Kundananji
February 14 – Zambia’s Racheal Kundananji has become the most expensive women’s footballer in history after joining Bay FC from Madrid CFF for $860,000 (£685,000) on a four-year deal.
Premier League approves Ratcliffe £1.02bn stake in Man Utd
February 14 – British billionaire Jim Ratcliffe’s purchase of a 25% stake in Manchester United has been approved by the Premier League.
Brazil’s Caixa bank refuse Corinthians £85m offer to pay off Neoquimica Arena debt
February 13 – Brazilian bank Caixa has refused a proposal by Corinthians to pay off the Neoquimica Arena, the club’s home ground since the 2014 World Cup.
Winter chill as Premier League clubs cut transfer spend to £100m in January window
February 2 – Spending by Premier League clubs in January dipped significantly after three successive record-breaking windows – with teams splashing out £715 million less than in same 2023 period.
Levski Sofia creates newco to manage stadium rebuild and secure all commercial rights
February 2 – Bulgarian club Levski Sofia have created a new company to manage the reconstruction of the club’s new Georgi Asparuhov stadium, which is being built on the site of the old stadium which will be levelled.
Hibs given SFA greenlight to take new investment cash from Foley
February 1 – Scottish Premier Leagues side Hibernian have had permission granted by the Scottish Football Association (SFA) board to bring on Bournemouth’s billionaire US owner Bill Foley as a minority investor.
FIFA’s international transfer report charts record $9.63bn spent in 2023
January 31 – Clubs worldwide spent a record $9.63 billion on international transfers last year, surpassing the previous record set in 2019 by more than $2 billion.
Porsche cleared to take 10% stake in Bundlesliga’s VfB Stuttgart
January 30 – Germany’s DFL has approved the acquisition of 10.41% of Bundelsiga side VfB Stuttgart by sports car manufacturer Porsche.
Show me the money. Qataris angry over claims they weren’t as loaded as they pretended
January 30 – Qatari banker Sheikh Jassim bin Hamad al Thani is reported to be seeking legal advice after claims he didn’t provide proof of funds when trying to buy Manchester United.
Transfer talk: Winter window closing but no sign of big money deals
January 27 – As the curtains of the transfer window edges nearer to closing until the summer, Premier League clubs continue to be linked with high-profile moves, as fans wait for their sides to finally start to splash some cash.
Transfer talk: As the window does anyone know what’s on Mbappe’s mind? Does he?
January 26 – With the January transfer window closing in five days – and with not much business done – the longest running story of where France forward Kylian Mbappe plays next, is still unresolved. He has received an offer to join Real Madrid as a free agent in the summer and another to renew his contract with Paris St-Germain, but he remains undecided.