By David Owen
The newly-published Spurs accounts make fascinating reading. Given the world record profit for a football club of almost £139 million at the pre-tax level, this scarcely needs to be said. But there is more to it than that. In one word, you could call it balance.
April 5 – Digitally driven sports innovators have another tech fund to tap for development finance. Hype Sports Innovation has unveiled plans for a $75 million capital fund with Uli Becker, ex-president of Reebok and Bernd Wahler, former president of VfB Stuttgart.
By David Owen
April 4 – Tottenham Hotspur, the North London club who played their first match at their gleaming new stadium on Wednesday, have announced a world record annual profit for a football club of £138.9 million for the year to end-June 2018, smashing the £125.1 million figure unveiled by Liverpool in February.
April 4 – Real Madrid have unveiled plans for a refurbished €525 million Santiago Bernabeu Stadium with club president Florentino Perez vowing the renovation will create the best stadium in the world.
By David Owen
April 4 – Burnley, the team from the Lancashire mill town, have reported an impressive pre-tax profit of £45.1 million for the 2017-18 season when the Clarets qualified for Europe for the first time in more than half a century.
By David Owen
April 3 – West Bromwich Albion, the Chinese-controlled Midlands-based football club currently battling to make a swift return to the Premier League, has reported a £7.4 million loss for its relegation season.
April 3 – With the season now rapidly progressing towards its closing league stages across Europe and eyes starting to focus on summer transfer activity, the CIES Football Observatory has calculated the highest estimated transfer value per big-5 league club.
April 2 – Milan mayor Giuseppe Sala has spoken of his preference for the cities’ clubs to renovate the San Siro rather than construct a new stadium, leaving future plans over the venue in doubt.
April 2 – An American investment group led by Jordan Gardner has acquired a majority share in Danish second-tier club FC Helsingor. Gardner is a minority investor in Swansea City and wants to use the Danish outpost to develop American talent.
April 2 – Nottingham Forest owner Evangelos Marinakis, clinging on to hope of a play-off slot for a Premier League place, has sealed a major deal in another part of his business empire with the launch of new corporation, Diamond S. Shipping Inc, on to the New York Stock Exchange.
By David Owen
March 29 – The financial strain inherent in maintaining a highly competitive Premier League squad while based in a tiny stadium appears to have started to show at AFC Bournemouth.
By David Owen
March 28 – Huddersfield Town, the once mighty Yorkshire club who surprised many last year by extending their Premier League stay to a second season, have unveiled a near £50 million improvement in profitability for the year to end-June 2018.
By David Owen
March 26 – FIFA has yet to rule out buying shares in stock exchange-listed football clubs such as Italy’s Juventus and Manchester United of the Premier League as part of its updated approach to management of its financial assets.
March 26 – The financial wrangling between Cardiff City and Nantes following the air crash that tragically killed Emiliano Sala continues to cast a dark shadow over the player’s untimely death.
March 25 – In one of the most savage penalties ever handed down in English football for financial mismanagement, second-tier Birmingham City have been hit with a nine-point deduction for excessive spending and have been plunged into the relegation dogfight as a result.