May 14 – Socios.com have expanded their blockchain driven Fan Token cryptocurrency platform from clubs to national federations, with The Argentine Football Association (AFA) being the first to sign on for the launch of the national team’s Official $ARG token.
May 14 – A joint project between FIFA and FIFPro to help players whose salaries were not paid has sent $2 million to more than 400 applicants from Greek and Turkish clubs.
May 13 – A re-evaluation of player market values (an indicator of potential transfer fees) by the KPMG Football Benchmark has found that “player values have been stagnant over the past six months, and most players have still not regained their ‘pre-pandemic’ market value.”
May 11 – MLS club Orlando City SC is close to changing hands with reports that majority owner Flávio Augusto da Silva is completing a deal with the Wilf family, owners of the NFL’s Minnesota Vikings.
May 10 – Newly crowned Italian champions Inter Milan have asked their players to freeze two months of wages to head off a financial crisis.
By Paul Nicholson
May 7 – The English Championship finishes its season tomorrow with focus not on promotion but on the relegation battle between two of England’s former club giants turned financial horror stories.
May 7 – Italy’s Serie A has become the first football league to embrace the potential of cryptocurrency, unveiling Crypto.com as a partner and launching the collaboration at the Atalanta vs Juventus Coppa Italia final (May 19) with a special NFT collection, including the official trophy and match highlights.
May 7 – RedBird Capital Partners have invested in plagued Spanish club Malaga, building a football club portfolio alongside Fenway Sports Group (FSG).
By David Owen
May 4 – The Football Association managed to report a small profit and to invest nearly £150 million in the sport in 2019-20, in spite of being hard hit by the early months of the covid pandemic.
By David Owen
April 28 – The value of long-term bank loans on Liverpool’s balance-sheet almost quadrupled in size in 2019-20 to stand at just under £197 million on May 31. But year-end cash was up by a similar proportion at £149.3 million.
By David Owen
April 27 – European Super League rebels Liverpool have added to the torrent of red ink gushing over the Premier League, posting a pre-tax loss of £46 million for the year to end-May 2020.
April 27 – Spotify owner Daniel Ek has expressed interest in acquiring Arsenal and is reportedly preparing a bid, along with club legends Thierry Henry, Dennis Bergkamp and Patrick Vieira.
April 26 – US bank and Super League backer JP Morgan has apologised for its role in the European Super League (ESL) fiasco, admitting that it misjudged the reaction from fans.
By David Owen
April 23 – Aston Villa owners Nassef Sawiris and Wes Edens appear to have pumped a further £87 million into the reviving, but still heavily loss-making, Birmingham-based Premier League club in recent months.
April 23 – French Ligue1 club Bordeaux are on the brink of bankruptcy after American investment fund King Street decided to withdraw its financial support.