LAFC takes an ownership position in stadium sharing NWSL side Angel City FC
October 8 – The two most valuable men’s and women’s soccer clubs in America have joined forces.
Finance
No Angels. NWSL’s LA powerhouse fined for breaking salary caps, top execs sanctioned
October 8 – Late last week the NWSL (National Women’s Soccer League) announced that Angel City FC would be punished for circumventing the league rules around salary caps.
Nikolov follows through on promise and pulls out of Bulgaria’s Spartak Varna
October 8 – The owner of the Bulgaria’s Spartak Varna, Pavlin Nikolov, has withdrawn from the club for the second time in a month and pulled all his financing .
SPFL turnover rises to record £44.3m
October 7 – The Scottish Professional Football League (SPFL) has reported a significant financial boost, with its 2023/24 turnover rising by £2.4 million (6%) to reach a record £44.3 million.
US Soccer revenue tops $200m as commercial revenue grows rapidly to $110m
October 7 – For nearly 20 years the fortunes of US Soccer from a commercial and marketing standpoint were tied with SUM (Soccer United Marketing), the MLS-owned agency. That deal officially ended on December 31, 2021, when the US Soccer Federation (USSF) moved their operations in-house, although they did not take full responsibility until the start of 2023.
Mbappé tops value ranking at €230m as Real Madrid squad value hits €1.37bn
October 3 – A new set of updated player valuations, this time from Football Benchmark, has put Real Madrid’s Kylian Mbappé at the top of the most valuable player list at €233.3 million, almost €34 million higher than Erling Haaland.
River Plate look to raise $20m from fans to fund infrastructure
October 4 – Argentinian club River Plate have announced plans to raise $20 million through a public offering in a financial vehicle that will invest the money in the club, potentially introducing a new investment approach for Argentinian football clubs.
Poor Champions League run leaves Benfica €31.4m in the red
October 4 – Portuguese giants Benfica have reported losses of €31.4 million for the 2023-24 season on turnover of €179 million excluding player transfers.
Belgian authorities chase €121m of tax debt from clubs
October 3 – Belgian football is facing a significant financial challenge as tax authorities are demanding the repayment of €121.2 million from the industry.
St Pauli to raise €30m via stadium sale to fans co-operative
October 3 – Bundesliga club St. Pauli has unveiled plans to sell shares to a fans cooperative to raise up to €30 million for the purchase of a controlling stake in their stadium, the Millerntor, valued at an estimated €60 million.
Haaland hits £200m valuation as world’s MVP
October 2 – Player valuation site Transfermarkt has named Erling Haaland as the most valuable footballer in the world, with a record-breaking valuation of €200 million in its latest Premier League update. This not only crowns the Manchester City striker as the highest-valued player globally but also marks the highest market value in the sport’s history.
Barca losses hit €91m due to failure of Barca Vision sell off; wage bill slashed by €170m
October 1 – Following an extraordinary meeting of Barcelona’s directors, the club are reporting a loss of €91 million for the 2023/24 financial year, though maintain that it is still moving financially towards profitability as it prepares for a return to its revamped Nou Camp Stadium.
Sparkak Varna fans’ training ground invasion prompts Nikolov to pull his funding
September 27 – Bulgaria’s Spartak Varna owner Pavlin Nikolov has followed through on his promise and withdrawn from financing of the club after nearly 50 Spartak fans disrupted the team’s training session on Thursday and attacked head coach Kyriakos Georgiou.
Inter Milan revenue hits €473m as Oakwell takes control financial control
September 26 – Inter Milan are reporting an increase of €48 million in revenue to €473 million for the 2023/24 financial year. The club also saw debt fall by around €50 million from €85 million to €36 million.
Spartak Varna owner Pavlin Nikolov threatens to withdraw funding unless fans stop protests
September 26 – Pavlin Nikolov,owner of the Bulgaria’s Spartak Varna, has said he will to stop funding the club if the fans “continue with the provocations”.