By Paul Nicholson
October 7 – OL Groupe, owner of French Ligue 1 club Olympique Lyonnais, has announced 2019/20 year end revenue of €271.6 million and an impressive pre-tax profit of €45.9 million considering the impact of the coronavirus pandemic.
By David Owen
October 6 – Spanish giants Barcelona have reported an after-tax loss of €97 million and a more than doubled net debt-load, as Covid-19 took a heavy toll on last season’s financial results.
October 1 – A Spanish investor has agreed to buy beleaguered English club Wigan Athletic after paying “a substantial deposit”, the League One club’s administrators have announced.
September 30 – Clubs in the fifth and sixth tiers of English football, fearful of going out of business, are to receive an emergency grant from the government to enable them to start their new season this weekend.
September 29 – After the government rejected Italian football’s proposal for more fans to be allowed at stadiums, Serie A boss Luigi De Siervo (pictured) has said that the top flight has lost more than €500 million because of the coronavirus pandemic.
By David Owen
September 29 – Prominent FIFA sponsor Qatar Airways has received a helping hand from the Qatar government after what it described as “one of the most difficult years in the airline’s history”.
September 29 – Serie A’s Parma, is under new ownership with US-based Krause Group have taken a 90% stake in the club.
September 25 – A Chinese businessman who owns controlling stakes in LaLiga’s Granada and Portuguese club Tondela is facing bankruptcy proceedings in Hong Kong over a mountain of unpaid bills and debt.
September 25 – Burnley could become the latest American-owned Premier League club with ALK Capital reportedly in talks to buy the club.
September 25 – English football’s National League, just below the fourth division in the professional pyramid, are in talks with the government and Football Association over a “critical financial support package” as clubs risk even more losses because of Covid-19.
September 23 – Turkish club Trabzonspor are the latest to launch their own blockchain crypto-based Fan Tokens on the Socios.com platform, selling an initial 625,000 $TRA Fan Tokens in less than 5 minutes.
September 21 – Roman Abramovich, the Russian oligarch bankrolling English Premier League club Chelsea, faces accusations of holding secret investments in players not owned by his club.
September 21 – While top-flight clubs continue their summer transfer window spending, at the other end of the scale, 146-year-old Macclesfield Town has been wound up over debts totalling more than £500,000.
September 17 – A week after European Club Association chair and Juventus boss Andrea Agnelli warned of a two year €4 billion Covid cash crisis for clubs, his own team have announced a third year of losses.
September 17 – Football across the world will lose out on about $14 billion in revenue because of the effects of Covid-19, according to the official who leads the organisation’s coronavirus relief fund.