Barca, PSG and Juve top list of clubs facing new FFP crackdown
August 23 – FC Barcelona, Paris Saint-Germain and Juventus are among ten European elite clubs that may face sanctions for breaching Financial Fair Play rules.
Finance
Glazers consider Man Utd sell off options to raise £200m for Old Trafford expansion
August 23 – Manchester United owners the Glazer family are considering selling a share of future TV income to raise £200 million.
Russian oil firm Lukoil steps in to refuel Spartak Moscow’s finances
August 23 – Russian oil firm Lukoil has acquired Russian Premier League club Spartak Moscow as well as the club’s home venue, the Spartak Stadium.
Sport Republic buys second club with Turkey’s Göztepe added to Saints ownership
August 23 – Sport Republic, the London-based investment firm which majority owns Premier League Southampton, has agreed to buy a 70% shareholding in Turkish second tier club Göztepe S.K.
Ratcliffe ready to ‘reset’ Man Utd if Glazers will sell
August 17 – Leon Musk, the world’s richest man, may have been joking when he tweeted about his interest in buying Manchester United but another billionaire is reported to be deadly serious.
Euro football market hits €27.6bn in revenue. Big 5 leagues account for €15.6bn
August 18 – In the dark depths of the covid pandemic football clubs were forced to lock out their fans. But even without match day revenues, the European football market grew by 10% (€2.4billion) in 2020/21 to €27.6 billion.
Singaporean Lim reinforces Valencia board, making Layhoon Chan president
August 18 – Valencia have confirmed Layhoon Chan (pictured) will become the new president with various boardroom changes taking place at the club.
SPFL targets income boost to £50m by 2029
August 16 – Scottish Premiership clubs have targeted an increase in the SPFL’s annual distributable income to £50 million by 2029, following a Deloitte review of the league’s commercial operations.
Barca’s last minute €100m sell-off frees up Lewandowski, Raphina and Dembele
August 15 – After all the noise of Barcelona struggling to register their new signings with LaLiga, the club eventually opened their season with a 0-0 draw against and with four of their big money signings cleared to play.
Promoted Premier League clubs have squad value topping €500m, Fulham lead way
August 15 – Of the 14 promoted clubs starting the new season in Europe’s Big 5 leagues, the promoted Premier League clubs have a combined squad value of more than double the other leagues.
Barca asset sell off raises further €100m in desperate bid to get new players registered
August 10 – Two days after Insideworldfootball and other media outlets reported that debt-ridden Barcelona are being blocked from registering all their summer signings by La Liga, there is still no breakthrough with the Spanish season almost upon us.
LaLiga adds four promoted clubs to CVC-backed Boost programme
August 9 – The CVC-funded Boost LaLiga programme, that will see the venture capitalist invest nearly $2 billion in LaLiga’s commercial business entity, has now see its club membership grow to 40 teams.
Plymouth Argyle become 7th League One club to secure US investors
August 5 – NHL stars Victor Hedman and Ondrej Palat have invested in League One club Plymouth Argyle.
Fabregas commits to Serie B club Como as player and shareholder
August 2 – Former Arsenal star Cesc Fabregas will become a shareholder at Italian Serie B club Como following his move to Italy.
Socios.com buys $100m stake in Barca Studios as club accelerates Web3 and blockchain strategies
August 2 – FC Barcelona has sold a 24.5% stake in Barca Studios, the club’s digital content and distribution hub, for $100 million to blockchain technology provider Chiliz.com, owner of the Socios.com Fan Token and NFT platform.