Marcelo Claure expands CFG links with 10% stake in New York City FC
September 17 – City Football Group (CFG) has added US investor Marcelo Claure to its New York City FC ownership group with a 10% stake in City Football Group US Holdco LLC.
Finance
Goldman Sachs leads €120m fundraising to reschedule Valencia debt and restart Nou Mestalla build
September 16 – LaLiga’s Valencia CF has called in investment bank Goldman Sachs to raise €120 million as the club looks to reschedule its debt and provide cash to complete its Nou Mestalla stadium, 15 years after construction was halted.
LaLiga sets Real Madrid salary cap €329m higher than Barca
Sobaclieu.com
September 16 – Real Madrid and FC Barcelona have received substantial increases in their LaLiga salary caps for the 2024-25 season that could take the brakes off Barca’s business in the upcoming transfer windows.
Secret location, huge consequences, trial of strength. Man City case starts Monday
September 13 – The case, billed as football’s trial of the century, is to begin on Monday when Manchester City face 115 charges for allegedly breaking financial rules, with potentially huge ramifications.
Man Utd post £113m in losses as club targets resources at improved playing performance
September 12 – Manchester United posted net losses of £113.2 million for the year ending June 30 despite earning record revenues £661.8 million – their fifth straight year of losses.
Textor says closing of Crystal Palace share sale will open pathway for Everton buy
September 12 – American businessman John Textor says he is an “awkward spot” in the process of buying Everton.
Big 5 leagues make up near 70% of total 10-year transfer spend, EPL accounts for 28%
September 9 – The recently closed transfer window may have been a 10% drop on spending compared to last year, but it was still the second highest of all-time (€10.96 billion in 2024 vs €12.24 billion in 2023).
Bulgarian power players secure funding package to save Maritsa Plovdiv
September 9 – The former Prime Minister of Bulgaria, Boyko Borisov, has said the government will provide nearly BGN 11 million (€5.1 million) for the reconstruction of third division club Maritsa Plovdiv’s stadium.
Transfer net spends show halving of losses as Premier League and Saudi Pro League cut back
September 6 – Further analysis of the trends of the 2024/25 summer window by Football Benchmark highlights shifts in league spending patterns, and a “remarkable turnaround” by England’s Premier League, showing an improved transfer balance of more than €550 million.
A-Cap put Standard Liège up for sale after taking control from 777 Partners
September 6 – US insurance specialists A-Cap will officially step in at Standard Liège after the Belgian club announced that 777 Partners will no longer retain a seat on the board of directors.
Magic Johnson joins Michele Kang’s Washington Spirit ownership group
September 6 – NBA legend turned sports entrepreneur Earvin ‘Magic’ Johnson has bought into NWSL team Washington Spirit, his second club investment in the US, already owning a stake in the MLS’s LAFC.
The ghost of Ashley. Newcastle pays £10m tax bill as HMRC cracks down on clubs
September 6 – Newcastle United have had to cough up more than £10 million to settle a long-running battle with British tax authorities according to multiple reports.
Chelsea creates room to clear PSR with £76.5m hotels sale
September 5 – Chelsea have been cleared by the Premier League for the £76.5 million sale of two hotels to a sister company to help the club stay compliant with financial regulations known as profit and sustainability rules (PSR).
Summer transfer window: where the big money went
September 5 – The summer transfer window has once again showcased the financial powerhouses of European and global football, as clubs combined for a total spend of $6.45 billion.
Loophole leaves Leicester City free and clear on PSR rules and Premier League embarrassed
September 4 – In a surprise ruling that could have far-reaching consequences for English top-flight football’s entire financial fair play strategy, Leicester City have won an appeal against a decision that could have led to a points deduction for allegedly breaching spending rules.