BBC News: The amount of money spent on football transfers has risen sharply in the past six months, says Fifa, although the number of deals has fallen slightly. The number of transfers fell by 2% in the first six months of 2013, but their total financial value soared by 39%. The total income from 5,204 […]
Tag Archives: finances
Real Madrid usurp Manchester United as richest club in the world
Read Madrid have usurped Manchester United as the richest football club on the planet for the first time since Forbes magazine began their rankings in 2004. The Red Devils have sat at the top of the list for nine years in a row but Jose Mourinho’s men are now worth $135 million more (€103m) at […]
EU prepare to stop public funding of Spanish debt-ridden clubs.
It is the powerhouse of global football, home to its greatest players and a World Cup-winning national team, but Spain’s soccer bubble looks set to explode as European authorities prepare to halt public funding of debt-ridden clubs. In a move that threatens to provoke the partial collapse of a football system built on unsustainable piles of […]
Point penalty under new spending rules
Premier League clubs face points penalty under new spending rules …From 2013-14 onwards, clubs will be limited to losses of £105m over three seasons based on their audited accounts. As with Uefa’s stricter financial fair play rules, money invested in youth development and infrastructure can be discounted from the calculations. Under the complex new rules, […]
Manchester United and their Sponsors
The making of the $3BILLION super club: How Manchester United’s bank balance is being boosted by beer, wine and crisps… and that’s just for starters! These two distant products (Potato crisps and Smirnoff vodka) may appear to have little to do with football but they can wear the same badge as Robin van Persie, Wayne Rooney […]
Real top football’s money league… again
Real Madrid remain top of world football’s “money league” after becoming the first club in sport to earn more than 500m euros in a season. Revenue of 512.6m euros (£430.4m) in 2011-12 enabled them to lead Deloitte’s list for the eighth straight season. Barcelona were second, while Manchester United, in third, were one of seven […]
Who Benefits from Financial Fair Play? – Part 2
In Part I we looked at the pros and cons of the upcoming Financial Fair Play rules (FPP). In Part 2 we look at a few answers by Martin Samuel on questions posed by various readers. We choose the best answers for a quick summary of the disadvantages of FPP. And the modern era’s greatest achievement […]
Man U, Liverpool, Arsenal and Spurs unite versus big spending rivals
Arsenal, Spurs, Manchester United and Liverpool have written to the FA for stricter financial fair play rules. Below is a copy of the letter obtained from the Daily Mail. The letter was sent on Arsenal’s letterhead. Chelsea, Manchester City, West Bromwich Albion and Fulham oppose and spending controls while the others (besides the other 4) […]
Fans pay the price
When 912 Manchester City fans refused to pay £62 pounds for the ‘Category A’ game against Arsenal this weekend, it sparked a debate in the media about the rising costs of being a football fan. On the one hand, fans want to see their clubs invest in new players, but at the same time are […]
Man City halve their losses
Manchester City have announced pre-tax losses of £93.4 million for the 2011-12 season. It means the Premier League champions have halved their losses, following a record loss of £197.5 million in the 2010-11 campaign. City’s annual revenue also rose beyond £200 million for the first time, partly because of their debut campaign in the Champions […]
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