Football Finance
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September 26, 2013 11:20 AM
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Ex-Pompey chief 'in colossus fraud'

Ex-Pompey chief 'in colossus fraud' | Football Finance | Scoop.it
From www.bbc.co.uk - September 26, 2013 11:20 AM
An extradition hearing of former Portsmouth owner Vladimir Antonov is told he was the "primary mover" in a 500m Euros bank fraud.
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Keeping up to date with the latest news of Football Finance in English clubs since 2013.  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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Scooped by John Beech
October 8, 4:12 PM
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Details emerge of Man City strategy as it appeals Premier League charges

Details emerge of Man City strategy as it appeals Premier League charges | Football Finance | Scoop.it
From www.9fin.com - October 5, 4:11 PM
Manchester City Football Club could argue that the independent commission that found it guilty of breaking Premier League financial rules over a nine-year period should not have the power to push a company to a potential insolvency situation, according to 9fin sources.
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October 6, 5:03 PM
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Man City’s £800m Financial Scandal Explained: What It Means For Manchester United’s Debt And Spending

Man City’s £800m Financial Scandal Explained: What It Means For Manchester United’s Debt And Spending | Football Finance | Scoop.it
From www.outlookindia.com - October 6, 2:55 AM

Manchester United and Manchester City face different financial challenges, with United dealing with heavy debt while City face scrutiny over overstated income. Here's all you need to know.

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October 4, 5:14 PM
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Premier League clubs divided over Man City punishment

Premier League clubs divided over Man City punishment | Football Finance | Scoop.it
From uk.sports.yahoo.com - October 4, 1:00 AM
There were new arrivals at clubs across the Premier League last week: teams of outside legal experts, including leading barristers, brought in for one extraordinary reason.
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October 3, 5:38 AM
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Man City appeal guilty verdict; Burnham forced to qualify his remarks

Man City appeal guilty verdict; Burnham forced to qualify his remarks | Football Finance | Scoop.it
From www.insideworldfootball.com - October 2, 6:18 AM

October 2 – Manchester City should face the “appropriate consequences” if wrongdoing is established, a spokesperson for British Prime Minister Andy Burnham said on Thursday, clarifying earlier remarks from the PM.  Burnham’s remarks came as club the formally appealed the independent commission’s verdict saying that the ruling contained “clear material errors, of law, principle and fact and is unsafe”. Still claiming that they are innocent of breaking the financial regulation, the club said it had filed “a comprehensive body of irrefutable evidence [that] exists in support of all of its positions”

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October 1, 5:06 AM
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Premier League finds Man City guilty of £830m of secret funded through ‘sham’ contracts

Premier League finds Man City guilty of £830m of secret funded through ‘sham’ contracts | Football Finance | Scoop.it
From www.insideworldfootball.com - September 29, 11:56 PM

September 30 – The Premier League has confirmed that Manchester City have been found guilty of more than 100 charges of breaches of Premier League financial rules between the 2009-10 and 2017-18 seasons. An independent Commission found that Manchester City arranged ‘sham’ contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs. 

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September 26, 11:59 AM
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Man Utd borrow another £90m to take debt to more than £1.1bn

Man Utd borrow another £90m to take debt to more than £1.1bn | Football Finance | Scoop.it
From www.bbc.co.uk - September 24, 6:22 PM
Manchester United confirm they have borrowed another £90m since 30 June, to take their overall debt to more than £1.1bn.
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September 25, 11:27 AM
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High Court decision on new Oxford United football stadium near Kidlington

High Court decision on new Oxford United football stadium near Kidlington | Football Finance | Scoop.it
From uk.news.yahoo.com - September 24, 10:21 AM
The High Court has made another decision on the new Oxford United stadium being proposed in Oxfordshire.
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September 15, 12:07 PM
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Aiyawatt Srivaddhanaprabha wipes out more debt as statement makes 'ownership structure' clear

Aiyawatt Srivaddhanaprabha wipes out more debt as statement makes 'ownership structure' clear | Football Finance | Scoop.it
From www.leicestermercury.co.uk - September 15, 8:20 AM
Leicester City chairman Aiyawatt ‘Top’ Srivaddhanaprabha and parent company King Power have wiped out more of the club's debt
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September 2, 5:58 AM
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115-year-old football club announce takeover by Canadian investment company

115-year-old football club announce takeover by Canadian investment company | Football Finance | Scoop.it
From uk.sports.yahoo.com - September 2, 4:17 AM
Lancaster City FC has announced a takeover by a Canadian investment company in a move the club says will help drive its ambitions both on and off the pitch.
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August 26, 5:35 AM
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Ebbsfleet United Suspended by National League Over HMRC Tax Debts

Ebbsfleet United Suspended by National League Over HMRC Tax Debts | Football Finance | Scoop.it
From streamlinefeed.co.ke - August 26, 1:00 AM
Ebbsfleet United faces potential liquidation after the National League suspended the club over unpaid HMRC tax debts and a rejected stadium development plan.
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August 20, 1:35 PM
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Sheffield United could face points deduction after High Court decision

Sheffield United could face points deduction after High Court decision | Football Finance | Scoop.it
From www.bbc.co.uk - August 19, 10:27 AM

Sheffield United could incur a 12-point deduction after the company used to buy the club was placed into liquidation.

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August 18, 4:53 PM
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Liverpool: Key questions answered as Amit Bhatia, Jeff Bezos and Eduardo Saverin agree purchase of strategic minority stake

Liverpool: Key questions answered as Amit Bhatia, Jeff Bezos and Eduardo Saverin agree purchase of strategic minority stake | Football Finance | Scoop.it
From www.skysports.com - August 18, 12:00 PM

Amazon founder Jeff Bezos is part of the Amit Bhatia-led consortium that has agreed to buy a stake in Liverpool; Sky News reports the group are buying around one third of the Reds in a deal valuing the club at more than $7bn (£5.2bn); we take a deep dive into what the deal could mean.

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August 14, 5:18 PM
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Jeff Bezos: Amazon founder part of consortium that agrees to buy into Liverpool

Jeff Bezos: Amazon founder part of consortium that agrees to buy into Liverpool | Football Finance | Scoop.it
From www.bbc.co.uk - August 14, 12:00 PM
Liverpool's owners agree to sell about a third of the club to a consortium including billionaire Amazon founder Jeff Bezos - in a deal that values the Reds at more than £5bn.
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October 7, 6:19 AM
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Coventry City Football Club set to agree £1.6m stadium land deal

Coventry City Football Club set to agree £1.6m stadium land deal | Football Finance | Scoop.it
From www.bbc.co.uk - October 6, 1:08 AM
Club owner, Doug King, says the deal will simplify the ongoing regeneration of the stadium.
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October 5, 10:20 AM
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Arsenal drops plans for major expansion of Emirates Stadium

From www.thestadiumbusiness.com - October 5, 10:20 AM

Arsenal has opted against a major redevelopment of Emirates Stadium in favour of a “continued evolution” of the venue.

Earlier this year, co-chairman Josh Kroenke revealed that Arsenal was “putting together a plan” to renovate Emirates Stadium following the club’s first Premier League title win since 2004.

The stadium opened in July 2006 and has a capacity of 60,704. Arsenal currently has a season ticket waiting list of more than 100,000 people.

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October 3, 9:12 AM
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Manchester City guilty charges explained: Premier League's options, how appeal works

Manchester City guilty charges explained: Premier League's options, how appeal works | Football Finance | Scoop.it
From www.espn.com - October 1, 2:51 PM
Tuesday's news that the Premier League found Man City guilty of 100-plus charges of breaking financial rules is a landmark moment. But what comes next: what punishments are on the table, and how does the appeals process work?
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October 2, 7:02 AM
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Manchester City: FA says guilty verdict has "significant implications for integrity of the game"

Manchester City: FA says guilty verdict has "significant implications for integrity of the game" | Football Finance | Scoop.it
From www.bbc.co.uk - October 2, 4:50 AM
English football's governing body adds it will "take action where appropriate."
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September 30, 6:18 PM
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Pato-Backed Consortium Completes Northampton Town Takeover

Pato-Backed Consortium Completes Northampton Town Takeover | Football Finance | Scoop.it
From leadership.ng - September 30, 2:49 PM
A consortium including former AC Milan, Chelsea and Brazil forward Alexandre Pato has completed its takeover of Northampton Town.
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September 25, 11:40 AM
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Manchester City charges: Premier League club found guilty of breaking majority of 115 financial rules

Manchester City charges: Premier League club found guilty of breaking majority of 115 financial rules | Football Finance | Scoop.it
From www.bbc.co.uk - September 25, 11:07 AM
Manchester City are found guilty of breaking the majority of the 115 financial rules they were accused of breaching, sources tell BBC Sport.
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September 24, 8:11 AM
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Manchester United's overall debt remains above £1billion despite record revenues 

Manchester United's overall debt remains above £1billion despite record revenues  | Football Finance | Scoop.it
From www.insideworldfootball.com - September 24, 4:55 AM
Despite cost-cutting measures from the Sir Jim Ratcliffe regime, Manchester United continue to operate with an overall debt of over £1bn
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September 10, 5:37 AM
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Club statement: Shrewsbury Town confirms regulatory approval for prospective new owner

Club statement: Shrewsbury Town confirms regulatory approval for prospective new owner | Football Finance | Scoop.it
From www.shrewsburytown.com - September 7, 5:36 AM

Club statement: Shrewsbury Town confirms regulatory approval for prospective new owner of Shrewsbury Town can confirm the American consortium interested in buying the football club has now been granted approval by the Independent Football Regulator (IFR) and the English Football League.

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August 27, 5:03 PM
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Ebbsfleet United pay tax bill despite National League extending club's suspension

Ebbsfleet United pay tax bill despite National League extending club's suspension | Football Finance | Scoop.it
From www.bbc.co.uk - August 26, 12:15 PM
Ebbsfleet United say they have settled an outstanding tax debt despite having their suspension from the National League extended.
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August 24, 5:12 PM
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Ex-Reading bidder fined £500,000 for forged takeover documents

Ex-Reading bidder fined £500,000 for forged takeover documents | Football Finance | Scoop.it
From uk.sports.yahoo.com - August 18, 10:07 AM
A former Reading FC bidder has been fined nearly £500,000 and banned from financial services.
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August 20, 5:16 AM
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Sheffield United face winding-up hearing in court as former owner United World claims COH Sports owes £35m

Sheffield United face winding-up hearing in court as former owner United World claims COH Sports owes £35m | Football Finance | Scoop.it
From www.skysports.com - August 17, 4:19 PM
Former Sheff Utd owner United World claims it is still owed £35m from COH Sports Bidco; winding-up hearing set for August 19; if current owners declared insolvent, 12-point deduction could be imposed on Bramall Lane club; sources close to COH insist club is financially healthy
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August 16, 1:19 PM
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Investor fined £489k after failed Reading FC takeover attempt

From www.accountancydaily.co - August 16, 1:19 PM

Reading Football Club bidder who claimed to own £171m bond portfolio banned by FCA after ‘making false and misleading statements’ and ‘falsified documentation’.
Paul Taylor, former chief executive of Blue Horizon Asset Management Limited (BHAM), a London-based asset and fund management firm, has been fined £489,000 and banned from working in regulated financial services.

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