Italy become third national federations to sign up for crypto-based fan token launch
November 14 – Italy have become the third national federation, Europe’s second, to jump on the blockchain-based Fan Token ‘cryptocurrency’ with Socios.com.
Finance
Report finds commercial strength of Big-5 leagues has been covid-resilient
November 12 – While the pandemic managed to kill-off clubs’ match-day revenue streams, a report by KPMG Football Benchmark reports “cautious optimism” for sponsorship income with two of Europe’s Big5 football leagues even reporting year-on-year growth in league-wide commercial revenues.
Kretinsky completes acquisition of £180m+ stake in West Ham
November 11 – Czech billionaire Daniel Kretinsky has purchased a minority stake in West Ham United, the latest overseas investment in a Premier League club.
CFG targets Russia and opens talks with Spartak Moscow
November 2 – City Football Group (CFG) have reportedly opened negotiations to acquire a 20% stake in Russian club Spartak Moscow.
Fourth tier club Intercity list on Spain’s second tier stock market
November 1 – Intercity de Alicante has become the first Spanish club to list on the stock exchange, trading on the BME Growth market, Spain’s second tier exchange dedicated to small- and medium-sized companies.
LaLiga’s Cadiz builds investor roster with MSA Capital’s Harburg joining board
November 1 – MSA Capital managing partner Ben Harburg has become a new investor at Spanish La Liga club Cadiz. Harburg is reportedly buying a 6% stake in the club.
West Ham owners poised to sell £150m stake to Czech mogul on route to £300m cash-out
October 29 – Czech businessman Daniel Kretinsky looks set to take a £150 million, 27%, stake in Premier League West Ham with the option to take full ownership of the in the future.
Inter lose €245m in Serie A winning season. Cost of Covid counted at €110m
October 28 – Inter Milan have formally reported losses of losses of €245.6 million for the covid-impacted 2020/21 season on revenues of €364.7 million.
Advent are early runner in bid for €1bn stake in LFP’s rights subsidiary
October 27 – Private Equity fund Advent International is considering buying a stake in the Ligue de Football Professionnel’s (LFP) new media company.
OL keeps pandemic losses to €34m, but pegs lost revenue at €150m
October 27 – OL Groupe, the holding company of Ligue1 club Olympique Lyonnias, has officially reported a loss of €33.9 million for the Covid-hit 2020/21 season, the first time the group has reported a loss since it moved to its Groupama Stadium nine years ago.
US investor declares interest in buying Derby County
October 26 – US businessman Chris Kirchner has thrown his hat into the ring as the search for a buyer of iconic English club Derby County, who have been in administration for five weeks, continues.
Covid-blighted PSV Eindhoven register €23m loss topped off by a 5-0 defeat at Ajax
October 25 – Blaming the coronavirus pandemic, PSV Eindhoven has registered a loss of €23.2 million for the 2020-21 season.
Anderlecht get €93m injection in bid to restore fortunes
By Samindra Kunti
October 25 – Can new winds, fresh capital and debt restructuring rejuvenate Anderlecht? Existing shareholders and new investors are set to inject the equivalent of €93 million into the club’s finances, while CEO Jos Donvil will be exiting the club.
Wolves bring in new US shareholder with PEAK6 acquiring minority stake
October 20 – US finance and technology firm PEAK6 has bought a minority stake in Premier League Wolverhampton Wanderers via Wolves holding company Fosun Sports.
Premier League hit Newcastle United in the wallet with block on Saudi sponsorships
October 18 – Premier League clubs have voted to block new Newcastle sponsorship deals with companies linked to the club’s new owners.