Bayern bounce past €750m revenue mark
September 5 –Bayern Munich joined became the second Europe’s giant clubs to announce revenues of slightly more than €750 million following on from Real Madrid’s posting of €757 million last week.
Finance
Clubs face financial risks as cost of players balloons by 31% in a year, says report
September 5 – The €6.6 billion spent in the European summer transfer window represents a 31% increase in the price of players compared to the previous year, according to figures from the CIES Football Observatory.
Bury cling to lifeline as EFL says it will discuss re-entry with member clubs
September 4 – The story of the expulsion of former English Football League club Bury may yet have another chapter, with the EFL board bowing to public pressure and saying it will discuss with other member clubs the possibility of allowing Bury re-entry at League Two level.
Record summer transfer spend in Europe as Big Four try to close gap with Premier League
By David Owen
September 3 – The early end to the transfer window may have taken the edge off summer spending by clubs in England’s Premier League, but their rivals elsewhere in Europe did not hold back from splashing the cash.
Real Madrid post €757m revenue figure and €53.5m profit
September 2 – Real Madrid have announced operating revenue of €757.3 million for the 2018/19 season, a 0.8% increase on the previous season.
Money talks, b******t walks? EFL refuse to revisit Bury expulsion after money shows up
August 30 – Within days of Bury becoming the first English professional team to go out of business for 27 years, the English Football League have been accused of acting too hastily after an investment company reportedly came up with £7 million proof of funds to take over the League One (third-tier) club.
Bolton back in business after Football Ventures finally completes acquisition
August 29 – Twenty-four hours after the demise of Bury, the first English club in 27 years to go out of business, fellow third-tier Bolton Wanderers, one of the most iconic names in the domestic game with a long and illustrious history, have avoided a similar fate by being sold at the 11th hour.
EFL ends Bury’s 125-year league history; Bolton given two-week reprieve
By Andrew Warshaw
August 28 – In what will go down as one of the darkest days in recent English football history, Bury, one of the country’s oldest clubs, were expelled from the Football League (EFL) on Tuesday after failing to resolve their financial problems, the first English club to go out of business for 27 years.
Bolton on the brink. Administrator says shut down will start if no buyer secured in 2 days
August 27 – Unthinkable, impossible, devastating. Just three of the reactions to Bolton Wanderers, one of English football’s most iconic teams who were in the Premier League as recently as nine years ago, possibly disappearing into oblivion after a proposed takeover of the troubled League One (third-tier) club collapsed.
Manchester Lib Dems want City and United to help save beleaguered Bury
August 23 – Leading figures from Britain’s centrist Liberal Democrat party have called on regional giants Manchester City and Manchester United to chip in to a fund to help save Bury, the third-tier club whose existence appears in serious jeopardy in wake of passage of a Company Voluntary Arrangement last month.
Sunderland ownership reboot. Donald poised to bring in new US money and Dell-boy
August 23 – English tier three club Sunderland, who only three seasons ago were in the Premier League, look set to have new American majority owners via an investment group likely to include computer billionaire Michael Dell.
Big spending Spurs move to reschedule £400m debt to keep the cash flowing
August 23 – Premier League Tottenham Hotspur, now settled in the £1 billion new stadium and having spent over £100 million in August on players, are refinancing more than £400 million of bank debt.
Last minute suitors in bid to rescue Bury from oblivion
August 23 – The clock is ticking on Bury football club but they could be given a 48-hour extension to save themselves.
Ratcliffe cleared to take ownership of Ligue1’s table topping Nice OGC
August 22 – French competition authorities have cleared British billionaire Jim Ratcliffe to take over Ligue 1 club Nice OGC and become the first British club owner in the French league.
St Louis wins 28th MLS franchise with female-led ownership group
August 21 – St. Louis was officially announced as the newest MLS expansion franchise on Tuesday, in what is the league’s first female majority-owned team.