Barca agree new €1.45bn financing deal to renovate Camp Nou Stadium
April 25 – Spanish giants FC Barcelona have completed a €1.45 billion financing deal that will allow the club to renovate their Camp Nou Stadium.
Finance
European Leagues calls on UEFA for a 10% share of its €4.8bn revenue
April 24 – The umbrella body that represents Europe’s domestic leagues has urged UEFA to substantially increase the amount of money it gives clubs that do not qualify for its three club competitions.
Juve 15-point penalty suspended as case to be returned to court
April 21 – Juventus’ 15-point penalty for alleged false accounting in transfer dealings was revoked on Thursday but the spectre of sanction did not disappear after Italy’s highest sporting court ruled that the case should be re-examined and the long bans meted out to former chairman Andrea Agnelli, ex-CEO Maurizio Arrivabene and sporting directors Federico Cherubini and Fabio Paratici were upheld.
FIGC completes investigation into Juve ‘hidden payments’ investigation
April 13 – The Italian FA (FIGC) has completed its investigation into Juventus over alleged hidden payments to players, according to the club.
Ownership change brings £50m cash windfall for Abramovich era Chelsea directors
By David Owen
April 10 – Chelsea’s new US owners made payments totalling nearly £50 million to former directors of the West London club for services relating to the protracted £4.25 billion sale that last year brought down the curtain on the trophy-studded but controversial Roman Abramovich era.
Bundesliga clubs report €4.48bn revenue as pandemic effects recede
April 9 – The DFL is reporting an increase in the total revenue of German professional football to €4.48 billion in the 2021-22 season, the first increase since the pandemic.
European clubs lead global ranking of most valuable U-23 players outside Big 5 Euro leagues
April 6 – Benfica centre-forward Gonçalo Ramos (€70 million) and centre back António Silva (€66 million) top a ranking of the highest value players under the age of 23 and playing for clubs outside the Big 5 European leagues.
Belgian tax collectors chase non-profit Genk for €39m
April 5 – Belgian tax authorities are chasing €39 million from league leaders Racing Genk, arguing that the club’s legal status as a non-profit does not exempt it from paying corporation tax.
Levski Sofia fans donate to help with €5.5m tax bill, as club launches share offer
April 5 – Supporters of Bulgaria’s Levski Sofia have raised over BGN 243,000 (€121,000) to help the club in pay off its debts to the National Revenue Agency (NRA).
Reading plunged into relegation battle after points deducted for breach of EFL’s financial rules
April 5 – EFL Championship side Reading have been handed an immediate six-point deduction for breaking agreed budget restrictions after a previous breach of the EFL’s profitability and sustainability rules.
Everton trim losses – but accounts lay bare critical importance of beating the drop
By David Owen
April 3 – The sales of World Cup star Richarlison and Lucas Digne have enabled Everton to report a reduced loss of £44.7 million for the 2021-22 season. This follows three consecutive years of £100 million-plus losses at the pre-tax level.
High-flying Magpies ran up £73m loss in Ashley’s last year
By David Owen
April 3 – Newcastle United have produced accounts covering the club’s first nine months under the ownership of an investment group led by Saudi Arabia’s Public Investment Fund (PIF).
Flamengo break revenue records and target further growth with new league
April 4 – Brazilian club Flamengo keeps breaking records. In 2022, the Rio outfit’s revenues broke the 1 billion reais revenue mark for the first time.
High-flying Bees make Premier League honey with record near-£30m profit
By David Owen
March 29 – Brentford, the West London club currently two places above big-spending local rivals Chelsea in the Premier League table, have published accounts for their transformational 2021-22 financial year.
Sacramento Republic owner Nagle set to close deal for Huddersfield Town
March 29 – US businessman and chairman of second tier US club side Sacramento Republic, Kevin Nagle (pictured), is in the final stages of buying English Championship side Huddersfield Town.