Genoa and Sampdoria bid to buy Stadio Luigi Ferraris
October 15 – Genoa FC and UC Sampdoria have formed a 50-50 partnership, Genova Stadium SRL, to purchase their shared Stadio Luigi Ferraris from Genoese authorities.
Finance
777 Partners collapse puts club assets including Serie A’s oldest club Genoa on sales block
October 14 – Serie A Genoa, Italy’s oldest club, are seeking new buyers after owners 777 Partners – who had tried to purchase Everton a few months ago – collapsed financially.
Red Bull set to add 6th club stake to portfolio with Paris FC stake
October 11 – Armed with their new global head of soccer Jurgen Klopp, Red Bull are poised to add a sixth club to their growing football ownership portfolio as the Austrian energy drink giants eye a position in Ligue 2 club Paris FC.
Ronaldinho takes ownership position in Greenville Triumph and Greenville Liberty in US
October 11 – Brazilian legend Ronaldinho has joined the ownership group of USL League One club Greenville Triumph SC and USL W League club Greenville Liberty SC.
Big six Premier League clubs in top 10 squad valuation ranking, but trail Real Madrid by €300m+
October 10 – European Champions Real Madrid, armed with a glittering roster of high-value talent headlined by Kylian Mbappe, Vinicius Junior and Jude Bellingham, have been crowned as the most valuable squad in world football in the latest CIES Football Observatory data report.
Borussia Dortmund’s journey to UCL final drives record revenue past €600m
October 8 – A €44 million pay day for reaching the Champions League final saw Borussia Dortmund turnover hit €618.2 million. UEFA payments provided €120.1 million in the 2023/24 financial year.
Honours even after round one of Man City vs Premier League financial rules fight
October 8 – English champions Manchester City have claimed a partial victory over the Premier League after one of the league’s key regulations relating to financial fairness was challenged.
LAFC takes an ownership position in stadium sharing NWSL side Angel City FC
October 8 – The two most valuable men’s and women’s soccer clubs in America have joined forces.
No Angels. NWSL’s LA powerhouse fined for breaking salary caps, top execs sanctioned
October 8 – Late last week the NWSL (National Women’s Soccer League) announced that Angel City FC would be punished for circumventing the league rules around salary caps.
Nikolov follows through on promise and pulls out of Bulgaria’s Spartak Varna
October 8 – The owner of the Bulgaria’s Spartak Varna, Pavlin Nikolov, has withdrawn from the club for the second time in a month and pulled all his financing .
SPFL turnover rises to record £44.3m
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October 7 – The Scottish Professional Football League (SPFL) has reported a significant financial boost, with its 2023/24 turnover rising by £2.4 million (6%) to reach a record £44.3 million.
US Soccer revenue tops $200m as commercial revenue grows rapidly to $110m
October 7 – For nearly 20 years the fortunes of US Soccer from a commercial and marketing standpoint were tied with SUM (Soccer United Marketing), the MLS-owned agency. That deal officially ended on December 31, 2021, when the US Soccer Federation (USSF) moved their operations in-house, although they did not take full responsibility until the start of 2023.
Mbappé tops value ranking at €230m as Real Madrid squad value hits €1.37bn
October 3 – A new set of updated player valuations, this time from Football Benchmark, has put Real Madrid’s Kylian Mbappé at the top of the most valuable player list at €233.3 million, almost €34 million higher than Erling Haaland.
River Plate look to raise $20m from fans to fund infrastructure
October 4 – Argentinian club River Plate have announced plans to raise $20 million through a public offering in a financial vehicle that will invest the money in the club, potentially introducing a new investment approach for Argentinian football clubs.
Poor Champions League run leaves Benfica €31.4m in the red
October 4 – Portuguese giants Benfica have reported losses of €31.4 million for the 2023-24 season on turnover of €179 million excluding player transfers.