Football Finance
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Football Finance
Keeping up to date with the latest news of Football Finance in English clubs since 2013. Follow @JohnBeech on Twitter for the quickest updates.  YOU MAY NEED TO SCROLL DOWN ON THIS PAGE FOR THE MOST RECENT POSTING - the latest news appears directly below the tags initially.  *****  SPORTS MANAGEMENT (including FIFA and football abroad) and EVENTS MANAGEMENT (including FIFA World Cups) news items are also available at http://www.scoop.it/the-business-of-sports-managemen and http://www.scoop.it/t/the-business-of-events-management respectively; for Scottish football finance see https://www.scoop.it/topic/the-business-of-sports-management/?&tag=Scottish+football..  ******
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June 20, 6:00 PM
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Annual Review of Football Finance: Football League Clubs | Deloitte UK

Annual Review of Football Finance: Football League Clubs | Deloitte UK | Football Finance | Scoop.it
EFL Championship clubs’ revenues approached £1.0 billion in 2023/24, up 28% (£207m) compared to 2022/23.
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June 20, 9:59 AM
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Manchester City fined £1m by the Premier League for kicking off late

Manchester City fined £1m by the Premier League for kicking off late | Football Finance | Scoop.it
Manchester City are fined over £1m by the Premier League after repeatedly kicking-off late in matches last season.
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June 16, 4:17 PM
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Gareth Bale lined up for shock return to football amid club takeover talks

Gareth Bale lined up for shock return to football amid club takeover talks | Football Finance | Scoop.it
The former Wales captain could be about to make a return to football
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June 12, 6:58 AM
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Man City fans call for club to scrap “discriminatory” policy

Man City fans call for club to scrap “discriminatory” policy | Football Finance | Scoop.it
Trade Union Blues have urged Manchester City Football Club to rethink a recently introduced minimum-game season policy.
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June 4, 5:42 AM
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Hopes for campaign to bring Dudley Football Club back home

Hopes for campaign to bring Dudley Football Club back home | Football Finance | Scoop.it
The club hopes to return to playing in Dudley after a 40-year gap if a suitable ground is found.
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May 20, 5:48 PM
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Leicester City referred to commission by Premier League over alleged EFL financial breaches http://tinyurl.com/footfin #footballfinance #

Leicester City referred to commission by Premier League over alleged EFL financial breaches http://tinyurl.com/footfin #footballfinance # | Football Finance | Scoop.it
Leicester City are referred to an independent commission by the Premier League for an alleged breach of English Football League financial rules during the 2023-24 Championship season.
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May 16, 10:18 AM
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Redwood Holdings completes Reading FC takeover

Redwood Holdings completes Reading FC takeover | Football Finance | Scoop.it
Reading FC have announced the completion of a significant ownership change, with Redwood Holdings acquiring 100% of the club's shareholding.
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May 7, 1:17 PM
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Newcastle United launch legal action against East Stand owner

Newcastle United launch legal action against East Stand owner | Football Finance | Scoop.it
Premier League giants Newcastle United has issued legal proceedings against the Newcastle City Council and St James Terrace Land Ltd
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April 16, 6:10 AM
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EFL Championship Finances - 10 years 2015-24

EFL Championship Finances - 10 years 2015-24 | Football Finance | Scoop.it
Fix Up, Look Sharp
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April 8, 7:41 AM
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Further details emerge on Sunderland's new debt and accompanying charges

Further details emerge on Sunderland's new debt and accompanying charges | Football Finance | Scoop.it
Sunderland recently confirmed that they had ‘secured a capital working facility’
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April 5, 4:13 PM
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Torquay United 'painful and expensive process' as all debt paid off

Torquay United 'painful and expensive process' as all debt paid off | Football Finance | Scoop.it
Torquay United joint-chairman Michael Westcott has confirmed that all creditors have now been paid
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April 4, 10:34 AM
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Chelsea offload Women’s team to Boehly and Clearlake’s Blueco, turning £90.2m loss into a £128.4m profit

Chelsea offload Women’s team to Boehly and Clearlake’s Blueco, turning £90.2m loss into a £128.4m profit | Football Finance | Scoop.it

April 2 – Premier League Chelsea have turned a £90.1 million pre-tax loss in 2022-23 into a £128.4 million profit 2023-24, mainly by selling core assets to its owners.
Described as a “repositioning of Chelsea Football Club Women Ltd”, the club said it “will ensure CFCW has dedicated resources, management and commercial leadership solely focused on the growth and success of the women’s team”.
Todd Boehly and the Clearlake Capital private equity group bought the club in May 2022 and then embarked on a remarkable spending spree on players.

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April 1, 2:26 PM
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Everton announce year of financial progress despite seventh consecutive year of losses

Everton announce year of financial progress despite seventh consecutive year of losses | Football Finance | Scoop.it

April 1 – It’s not often a £53.2million loss can be counted as a win, but in the case of Everton, it marks an £89.1m improvement on the deficit incurred during the 2022-23 season, with the club saying that the reduction outlines a year of financial progress. 
Another piece of good news for the Premier League club is that despite a seventh consecutive year of losses, they will avoid profit and sustainability (PSR) sanctions. 

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June 20, 5:59 PM
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Annual Review of Football Finance: Premier League Clubs | Deloitte UK

Annual Review of Football Finance: Premier League Clubs | Deloitte UK | Football Finance | Scoop.it
In the 2023/24 season, Premier League clubs generated £6.3 billion in revenue, a 4% increase on the previous season.
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June 19, 1:12 PM
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Forest set for breakthrough on City Ground expansion efforts

Forest set for breakthrough on City Ground expansion efforts | Football Finance | Scoop.it
Nottingham Forest is poised to receive planning permission for its proposed redevelopment and expansion of the City Ground next week. A joint statement released by the Premier League football club and Rushcliffe Borough Council today (Wednesday) said that a Planning Committee meeting will be held on June 26, with the City Ground redevelopment the only
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June 16, 6:56 AM
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Ineos: Tottenham file High Court proceedings against Sir Jim Ratcliffe's company

Ineos: Tottenham file High Court proceedings against Sir Jim Ratcliffe's company | Football Finance | Scoop.it
Tottenham file High Court proceedings against Manchester United co-owner Sir Jim Ratcliffe's company Ineos Automotive.
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June 6, 7:28 AM
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Premier League's £30 away ticket price cap extended

Premier League's £30 away ticket price cap extended | Football Finance | Scoop.it
The Premier League announced this week that it will be extending its £30 league-wide cap on away ticket prices for a further three years.
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May 22, 11:33 AM
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Hartlepool United publish takeover update as club's future "hangs in the balance"

Hartlepool United publish takeover update as club's future "hangs in the balance" | Football Finance | Scoop.it
Hartlepool United have released another club statement, revealing that board members have asked owner Raj Singh "if he would commit to further funding of the club".
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May 19, 11:05 AM
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Hill Dickinson lands naming rights to Everton’s new stadium

Hill Dickinson lands naming rights to Everton’s new stadium | Football Finance | Scoop.it

Commercial law firm Hill Dickinson has acquired naming rights to Everton’s new stadium, with the club describing the agreement as one of the largest stadium sponsorship deals in Europe. Specific details of the long-term agreement, which was announced on Friday evening, have not been disclosed by either party.

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May 9, 7:08 AM
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Reading FC: Royals announce losses of £12.1m in 2023-24

Reading FC: Royals announce losses of £12.1m in 2023-24 | Football Finance | Scoop.it
Reading submit their accounts from the 2023-24 season and announce losses of £12.1m.
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April 16, 6:26 AM
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Brentford multi-club ambitions grow with Merida purchase

Brentford multi-club ambitions grow with Merida purchase | Football Finance | Scoop.it

April 15 – Brentford have taken a significant step in reviving their multi-club ownership strategy with the acquisition of Spanish third-tier side Merida AD by their newly formed holding company, Best Intentions Analytics.

The move comes just weeks after Brentford formally restructured their ownership model, with long-time owner Matthew Benham transferring his shares into the new entity in a bid to modernise the club’s structure and attract strategic investment.

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April 9, 5:26 PM
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Reading: Club confirm advanced takeover talks with 'alternative bidder'

Reading: Club confirm advanced takeover talks with 'alternative bidder' | Football Finance | Scoop.it
Reading say they have switched talks to an alternative buyer as the League One club look to complete their long-running takeover saga.
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April 8, 7:36 AM
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Birmingham City reveal £72m debt to owners and extent of transfer frenzy

Birmingham City reveal £72m debt to owners and extent of transfer frenzy | Football Finance | Scoop.it
Birmingham City have posted their first accounts under the control of American investment firm Knighthead Capital Management, including how much they spent on transfers after relegation and the interest rate on money loaned to the club from owners
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April 4, 11:10 AM
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Man City fans want Viagogo gone

Man City fans want Viagogo gone | Football Finance | Scoop.it
Manchester City fans made their views known on the club’s deal with Viagogo by staging a hugely effective protest in the opening minutes of last night’s game against Leicester City.
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April 2, 9:49 AM
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Leicester City post £19.4m loss in Championship-winning season

Leicester City post £19.4m loss in Championship-winning season | Football Finance | Scoop.it
Leicester post a £19.4m loss in their accounts for 2023-2024 - the season they spent in the Championship.
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