RedBird rethinking multi-club ownership strategy with Toulouse future questioned
November 7 – RedBird Capital Partners, the American investment fund that owns 19-time Serie A champions AC Milan, are contemplating the sale of Toulouse FC.
Finance
Tech investor Thomas Zilliacus, says he has $2.5bn war chest to buy Inter Milan
November 7 – Singapore-based Finnish tech entrepreneur Thomas Zilliacus has said he will table a for Inter Milan over the next week.
Barca’s money men fumble again, losing €500k appeal against CFCB fine
November 3 – When it comes to financial management, Barcelona rarely seem to catch a break.
US-based Binnie family takes first club ownership steps with Denmark’s AC Horsens
November 3 – The US-based Binnie family, through their Carlisle Capital investment vehicle, have taken an initial 55% stake in Danish second tier side AC Horsens for DKK27 million (£3.1 million).
Bournemouth owner Bill Foley opens talks for a piece of Hibs as he builds club ownerships
November 2 – US sports investor Bill Foley, majority owner of Premier League Bournemouth, has reportedly held provisional takeover talks with Scottish Premier League club Hibernian.
Gold family in market for buyer of stake in West Ham
November 2 – The Gold family is seeking potential buyers for an undisclosed portion of their 25.1% stake in West Ham United. Vanessa Gold, now the club’s joint-chair following her father David’s death earlier this year, has appointed Rothschild & Co to explore the potential share sale.
Sheffield Wednesday calls on fans to stump up £2m to save the club
October 31 – Sheffield Wednesday owner Dejphon Chansiri has again attacked the club’s fans for being “negative”, demanding that they fund the £2 million required to save their club from transfer window sanctions and potential bankruptcy.
Real Madrid go to banks for €370m loan; bring Saudi bank onboard as sponsor
October 30 – Real Madrid are looking to raise €370 million from banks to help finance refurbishment work at the their Santiago Bernabeu Stadium where costs have almost doubled to €1 billion form an initial €575 million budget.
Man Utd revenue hits £648m as wage bill and losses reduced
October 27 – Manchester United have reported record revenue of £648.4 million for the 2022/23 financial year, but posted a loss of £42 million, slashing its net loss by 75% year-on-year.
Inter shareholders approve accounts as focus sharpens on club-owned stadium plans
October 26 – Inter Milan shareholders have approved accounts for the 2022/23 financial year that show turnover up year-on-year by €60 million to €425 million and annual losses reduced to €85 million from €140 million the previous year.
Barca budget €895m revenue and more black ink after a year of tough decisions
October 25 – Barcelona are projecting revenue for the 2023/24 season to hit €859 million generating post-tax profits of about €11 million.
AC Milan report €440m revenue record as RedBird influence starts to kick in
October 23 – AC Milan’s have formally approved accounts for the year to June 30, 2023, showing club revenues exceeding €400 million for the first time.
Aussie-Croatian businessmen take over at HNK Zadar
October 23 – Croatian top-tier club HNK Zadar has been sold to Australian businessman Marko Ivančić. The deal was unanimously approved by the Zadar City Council, said the club in a statement.
Haaland is world’s most valuable player, Man City tops Real Madrid and PSG for squad value
October 20 – Erling Haaland (€196 million) is worth €28 million more than to Kylian Mbappé (€ 168 million) while Manchester City have the highest squad value in world football (€1.2 billion).
Everton sale concerns as regulators wait for audited 777 Partners financial statements
October 19 – The proposed takeover of English Premier League club Everton by American investment firm 777 Partners has come under further scrutiny after claims emerged the company has so far failed to provide audited financial statements to a British government regulator.