August 6 – Real Madrid have condemned the La Liga – CVC brokered deal that will see the private equity firm invest €2.7 billion in Spanish football in exchange for a 10% stake, with the Bernabeu giants calling parts of the deal “deceptive” and CVC “opportunistic”.
August 5 – La Liga has agreed a €2.7 billion cash injection with private equity firm CVC who will take a 10% stake in a new company set up to handle LaLiga’s commercial business.
August 4 – Juventus are to issue new shares in a bid to raise up to €400 million. The refinance is being run by with Goldman Sachs, J.P. Morgan and other banks acting as “global coordinators” and “joint bookrunners”.
July 30 – Spanish giants FC Barcelona have received a triple B negative rating from credit rating agency Fitch, which the club, burdened by debts and operating on a ‘shoestring’ budget, considered a vote of confidence.
By David Owen
July 28 – The European football market shrank by 13% to €25.2 billion in 2019-20 – the first reduction in revenues since the global financial crisis, according to new data from Deloitte, the professional services firm.
July 26 – Gerard Lopez has been confirmed as the new owner of Girondins de Bordeaux, saving the Ligue 1 club from bankruptcy.
July 23 – Olympique Lyonnais have reported €177.4 million of revenuefor2020/21, a drop of €94.1 millionfrom the €271.6 million reported in 2019/20 (a 35% reduction).
July 21 – OL Groupe, owner of French Ligue 1 club Olympique Lyonnais, has issued €800,000 in new shares to members of its men’s and women’s playing squads as part payment for wages.
July 9 – Kylian Mbappé may have missed a penalty at the Euros, but he is still the world’s most valuable player at €175 million, according to updated player market value estimates by KPMG Football Benchmark.
By David Owen
July 8 – Irish playwright Samuel Beckett might have called it Waiting for Newcastle.
July 5 – Lurching from crisis to crisis, French football has been rocked again after the Direction Nationale du Contrôle de Gestion (DNCG) temporarily demoted both Bordeaux and Angers to Ligue 2 and placed Nantes under supervision.
July 2 – Belgian champions Club Brugge have a new backer, with investment fund Orkila Capital pouring €20 million of working capital into the club.
July 2 – Juventus say they expect to lose €320 million because of the coronavirus pandemic and are planning to raise €400 million in capital through a share sale as they look to redress the financial balance.
June 29 – Atletico Madrid has had a capital injection of €181.8 million from private equity investor Ares Management who will take a 33.96% stake in the Spanish club.
June 24 – Derby County have been fined £100,000 for breaching English Football League (EFL) accountancy rules but look set to escape a points deduction that would see them relegated to League One and Wycombe Wanderers keep their place in the Championship.