By David Owen
April 5 – The high cost of escaping the second-tier Championship for the Premier League’s promised land has been highlighted once again, with Leeds United posting a pre-tax loss of a stunning £62.4 million for its promotion season.
By David Owen
April 5 – Burnley, the English Premier League club recently taken over by Jersey-incorporated Velocity Sports, an entity controlled by new club chairman Alan Pace, has joined the select group of top-flight teams to have turned a profit in 2019-20 – albeit a tiny one.
By David Owen
April 2 – Championship-bound Sheffield United have become only the third Premier League club to date to post a pre-tax profit for the covid-affected 2019-20 financial year.
March 31 – German Football League (DFL) boss Christian Seifert has confirmed that the league is offering a 25.1% stake in a new company to handles its media rights in a 25-year deal.
March 30 – The English Football League (EFL) has secured a £117 million loan fund for Championship clubs with MetLife Investment Management.
By David Owen
March 29 – Relegated Bournemouth, now lying just outside the play-off places in the second-tier Championship, have become the latest English club to post a big loss for covid-hit 2019-20.
March 25 – Club Brugge’s IPO adventure has been short-lived. On Thursday, the Belgian champions announced the postponement of their initial public offering, citing adverse “market conditions”.
By Samindra Kunti
March 25 – UEFA has said it could fundamentally overhaul the Financial Fair Play (FFP) system, owing to the economic reality of European football during the Covid-19 pandemic and the clubs’ need for liquidity. The governing body has began a consultation process with the industry’s relevant stakeholders.
March 24 – Marcus Rashford and Phil Foden represent the most valuable assets of Manchester United and Manchester City, making up 15% and 10% of their clubs squads’ total transfer value, according to data from the CIES Football Observatory.
March 24 – South American governing body Conmebol incurred a loss of $14.5 million in 2020 due the Covid-19 pandemic, the organisation announced on Tuesday at its annual congress.
By David Owen
March 22 – FIFA has secured insurance for the Qatar 2022 World Cup. The disclosure comes in the small print of the governing body’s newly-published 2020 financial statements. FIFA said the “maximum insurance volume” was $900 million.
By David Owen
March 21 – In these volatile and unnerving times for sport, it is good to know there are still some things one can depend on: for example, that the headcount at Gianni Infantino’s FIFA will continue to rise year after year.
By David Owen
March 20 – Chinese-owned Wolverhampton Wanderers have joined the general plunge into the red by Premier League clubs for the covid-impacted 2019-20 financial year.
By David Owen
March 20 – Leicester City, the Thai-controlled club riding high in the Premier League once again under Brendan Rodgers, incurred a hefty pre-tax loss of £67.3 million for the covid-impacted 2019-20 financial year.
March 19 – Manchester City have become the first of the Premier League’s big six clubs to embrace the blockchain-based Socios.com fan token platform.