April 8 – American investors have bought another English club, but rather than expanding US ownership presence in the Premier League investment fund ORG has plumped for Ipswich Town who have not been in the Premier League since 2002. The deal is said to be worth about £40 million.
By David Owen
April 7 – Premier League champions-elect Manchester City plunged heavily into the red during the covid-impacted 2019-20 season, posting a king-sized pre-tax loss of £125.1 million.
April 7 – Ten clubs from the English Football League Championship placed under a transfer embargo last month are arguing that the English Football League (EFL) rules have not taken into account new government rules on company filings and that they are being unlawfully restricted.
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.