By Paul Nicholson
September 21 – Scottish Double Treble winners Celtic have announced record revenue of £101.6 million, an £11 million improvement on the previous year and a doubling of profit to £17.3 million before tax.
September 19 – Manchester City, who open their Champions League campaign tonight, have the most expensively assembled squad in the world, put together at a cost of almost €1 billion in transfer fees.
September 18 – Swiss bank Credit Suisse showed serious deficiencies in its efforts to combat money laundering when dealing with several organisations including FIFA and two international oil firms, according to the country’s financial watchdog.
September 14 – FIFA has completed an analysis of Big 5 league transfers in the summer 2018 window using its International Transfer Matching System (ITMS) which recorded another new record level of global transfer spending at $5.44 billion.
By David Owen
September 14 – Just for a change it is the blue, rather than the red, side of Manchester that has kicked off the latest Premier League financial reporting season. A pity then that Manchester City’s newly-published 2017-18 results should be as solid and, well, unspectacular as much of the football played last year by Pep Guardiola’s record-breakers was irresistible and inspired.
September 14 – Understanding the financial scale of China’s professional clubs who hit the news with big money transfer deals before a government and Chinese FA crackdown, can be difficult. Latest results from Shanghai SIPG Group, owners of a Chinese Super League club, open a window to the market.
By Paul Nicholson
September 12 – Brasileiro Série B football club Avaí Futebol Clube has become the first football club to launch its own cryptocurrency with in Initial Coin Offering (ICO) targeting a $20 million capital raise.
September 12 – Chelsea could have lost as much as €68 million in value on their goalkeeper trading in the summer transfer window, according to new analysis from the CIES Football Observatory.
By Paul Nicholson
September 12 – Everton’s major shareholder Farhad Moshiri (pictured) has increased his stake in the Premier League club to 68.6% with the purchase of a further 18.7% of shares to add to the 49.9% he bought for £87.5 million in March 2016.
September 12 – The Scottish Football Association (SFA) has agreed a deal to buy Hampden Park for £5 million from League Two side Queen’s Park when the existing lease of Hampden expires in summer 2020.
September 11 – Real Madrid president Florentino Perez is to ask club members at a meeting on September 23 to approve plans for a €575 million loan to revamp the club’s Santiago Bernabeu stadium.
September 10 – European football’s top-division clubs made a profit for the first time on record in 2017 totalling €600 million as the effects of financial fair play kicked in.
September 10 – Controversial Spanish league boss Javier Tebas has made another attack on Paris St Germain for breaking the spirit of football law in terms of the money they acquire and spend.
September 20 – The controversy over the ‘giveaway’ of London’s newly built 2012 Olympic Stadium to Premier League club West Ham United is not going away with club furiously claiming the public have been misled over the amount it pays for its tenancy.
September 7 – In what may be a world first, a blockchain start-up is working to help develop new and untapped football talent from under-developed countries through an AI-based digital marketplace.