Football Clubs Income Hit by USD 680 Million, UEFA Rebate to Broadcasters
4 years, 3 months ago

Football Clubs Income Hit by USD 680 Million, UEFA Rebate to Broadcasters

News 18  

Amid a cash crisis caused by the coronavirus pandemic, European soccer clubs were told Tuesday that UEFA is repaying 575 million euros to broadcasters because of the disruption to the Champions League and Europa League. Until the pandemic forced competitions to be restructured and fewer games played in the knockout rounds, participating clubs were due to share 2.55 billion euros in prize money from UEFA. Agnelli, the president of Italian champion Juventus, said clubs were still in crisis management mode and the full picture would not be known until annual accounts begin to be published within weeks. The ECA previously predicted European clubs would see revenue drop by 4 billion euros in the next two years in the fallout from the pandemic.

Club Billion Clubs Eca European Uefa Agnelli Income Hit  football  usd  european  billion  broadcasters  club  agnelli  million  income  hit  680  euros  clubs  soccer  rebate  predicted  competitions  uefa

History of this topic

Women’s Euro 2025 players to receive share of prize money for first time
1 week, 1 day ago

Women’s Euro 2025 players to receive share of prize money for first time

The Hindu  

Players participating in the Women’s Euro 2025 will receive a percentage of the prize money for the first time, European football’s governing body UEFA announced on Monday. The UEFA Executive Committee approved a prize pot of 41 million euros for the tournament in Switzerland, representing a 156 per cent increase from the 2022 event, with participating national associations distributing a …

Fifa finally agree massive $1bn broadcast deal for Club World Cup - one day before draw takes place
2 weeks, 6 days ago

Fifa finally agree massive $1bn broadcast deal for Club World Cup - one day before draw takes place

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Streaming platform DAZN has agreed a worldwide deal …

Champions League starts bigger new era with Mbappé at Madrid and rematches of past finals
3 months, 1 week ago

Champions League starts bigger new era with Mbappé at Madrid and rematches of past finals

Associated Press  

GENEVA — The new Champions League format kicks off Tuesday after more than six years of planning, one failed proposal and one Super League launch fiasco. Tuesday starts with “Miracle” rematch The new era starts with two 1645 GMT early kickoffs featuring three European Cup winners from the 1980s — Juventus hosts PSV Eindhoven and Aston Villa travels to Young …

FIFA says $6.5 billion of international spending in transfer window
3 months, 3 weeks ago

FIFA says $6.5 billion of international spending in transfer window

Associated Press  

ZURICH — Spending on transfer fees in international men’s player deals cooled off during the mid-year trading period, according to FIFA research published on Tuesday. FIFA said clubs committed to spend $6.46 billion on buying players in cross-border deals during the June-to-September transfer window — down from $7.43 billion in the same period a year ago. Deals in the top-10 …

Manchester United to face Jose Mourinho-coached Fenerbahce in new Europa League format
3 months, 3 weeks ago

Manchester United to face Jose Mourinho-coached Fenerbahce in new Europa League format

Hindustan Times  

Manchester United will face former coach José Mourinho’s new club Fenerbahce among its eight opponents drawn Friday in the new format of the Europa League. Manchester United's Amad Diallo celebrates scoring their first goal with Kobbie Mainoo Mourinho led Man United to win the Europa League in 2017 during his 2½ years at Old Trafford, and took the Fenerbahce job …

UEFA fines seven nations for racist and discriminatory fan conduct at Euro 2024 games
5 months ago

UEFA fines seven nations for racist and discriminatory fan conduct at Euro 2024 games

The Hindu  

UEFA ordered seven national football federations to pay fines totalling 230,000 euros on Wednesday for racist and discriminatory abuse by fans at Euro 2024. The Albania football body was fined a combined 30,000 euros on Wednesday for racist conduct at two games, against Croatia and Spain. Albania player Mirlind Daku also was banned for two games after leading fans in …

UEFA fines its Euro 2024 co-organizer Germany over selfie-seekers on field with Ronaldo
5 months, 3 weeks ago

UEFA fines its Euro 2024 co-organizer Germany over selfie-seekers on field with Ronaldo

Associated Press  

FRANKFURT, Germany — UEFA has fined its tournament co-organizer Germany for failing to stop selfie-seekers from coming onto the field to get photos taken with Cristiano Ronaldo at the European Championship. The total amount of fines levied across the 36-game group stage, including some that were previously announced, was almost 1.3 million euros across 22 of the 24 national federations …

Euro 2024: Teams can add 3 players in 26-man squads to help cope with injuries
7 months, 3 weeks ago

Euro 2024: Teams can add 3 players in 26-man squads to help cope with injuries

The Hindu  

Teams at the European Championship can name three extra players in 26-man squads after UEFA agreed to amend the tournament rules on Friday. Adding up to 72 extra places on the collective tournament roster should lower the daily rate UEFA pays to clubs for releasing their players to national team duty at Euro 2024. UEFA agreed with the European Club …

What is Premier League’s reportedly new spending cap and how is Man City involved?
7 months, 3 weeks ago

What is Premier League’s reportedly new spending cap and how is Man City involved?

The Hindu  

Premier League clubs have reportedly agreed in principle to introduce a spending cap to limit the gap in financial muscle between sides at the top and bottom of the English top flight. The Athletic reported “the anchoring” plan will be capped at five times the lowest earning side receives via the Premier League’s broadcast deals. Critics of a cap on …

When you want more money, you have to play more games: Luis Figo
9 months, 1 week ago

When you want more money, you have to play more games: Luis Figo

Hindustan Times  

Of the second group of galacticos at Real Madrid, Luis Figo was the first. “But, anyway, I think pressure makes me awake and in the first year we won the league.” Success in the Champions League, for which Sony Pictures Network has extended its exclusive broadcast and digital rights in India till 2026-27, came in 2001-02 and there was another …

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry
10 months, 1 week ago

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry

Associated Press  

GENEVA — More than 300 soccer clubs were in ownership groups involving multiple teams in a trend driven by American investors that could threaten the integrity of European games, UEFA said on Thursday. Multi-club groups led to an “increased risk of seeing two clubs with the same owner or investor facing each other in the same competition, creating potential integrity …

English clubs’ financial power detailed in UEFA review of $25BN European football economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European football economy

The Hindu  

The financial power of English football was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. English clubs also accounted for 764 million euros of the collective pre-tax losses of 3.2 billion euros by European clubs in 2022. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — …

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy

Associated Press  

GENEVA — The financial power of English soccer was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — including sponsorship, stadium use, merchandise sales, international tours — of the record 7.8 billion euros total across Europe in 2022. …

FIFA reports record USD 9.63 billion splash on football transfers in 2023; Saudi Pro League joins top 5
10 months, 3 weeks ago

FIFA reports record USD 9.63 billion splash on football transfers in 2023; Saudi Pro League joins top 5

India TV News  

Federation Internationale de Football Association announced a record-breaking USD 9.63 billion spend on football deals in 2023. German football clubs received the highest USD 1.2 billion in transfer fees followed by France, England and Italy. "German clubs topped the list for transfer fees received from outgoing transfers with a total of more than USD 1.2 billion," a FIFA media release …

German clubs give green light to Bundesliga investment for TV rights stake
1 year ago

German clubs give green light to Bundesliga investment for TV rights stake

New York Times  

The German Football League is primed to sell a stake in its media rights business to an external investor in a potential €1billion deal following approval from clubs. The DFL is proposing to sell an eight per cent share of its TV and marketing rights in a 20-year agreement, in return for a cash injection that it hopes will boost …

Euro 2024: UEFA sets $360 million prize fund for 24 national teams from revenue of $2.6 billion
1 year ago

Euro 2024: UEFA sets $360 million prize fund for 24 national teams from revenue of $2.6 billion

The Hindu  

UEFA said on Saturday it will pay 331 million euros in total prize money to the 24 national teams at the men’s European Championship that is expected to earn about 2.4 billion euros in commercial revenue. The Euro 2024 winner will be paid more than the total 16 million euros prize money fund for the 16 women’s teams that played …

UEFA sets $360 million prize fund for 24 national teams at Euro 2024 from revenue of $2.6 billion
1 year ago

UEFA sets $360 million prize fund for 24 national teams at Euro 2024 from revenue of $2.6 billion

Associated Press  

HAMBURG, Germany — UEFA said Saturday it will pay 331 million euros in total prize money to the 24 national teams at the men’s European Championship that is expected to earn about 2.4 billion euros in commercial revenue. The Euro 2024 winner will be paid more than the total 16 million euros prize money fund for the 16 women’s teams …

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach
1 year, 1 month ago

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach

News 18  

Barcelona lost an appeal to UEFA against being fined 500,000 euros for misreporting income under financial monitoring rules, the European soccer body said Friday. UEFA’s club finance panel imposed the fine in July after Barcelona declared income in 2022 on profit from “disposal of intangible assets which are not a relevant income under the regulations.” FC Barcelona is fined €500,000 …

Barcelona Hit By La Liga's Spending Limit Cut
1 year, 3 months ago

Barcelona Hit By La Liga's Spending Limit Cut

News 18  

Barcelona were dealt a blow on Thursday when the Spanish champions’ spending limit for the season was cut to 270 million euros by La Liga. Barca spending limits slashed by La Liga https://t.co/TNycg84s4j— SPORT English September 14, 2023 Barcelona’s previous limit was 649 million euros, a figure inflated by the sale of future television rights income among a series of …

Barcelona hit by LaLiga spending limit cut
1 year, 3 months ago

Barcelona hit by LaLiga spending limit cut

The Hindu  

Barcelona was dealt a blow on Thursday when the Spanish champion’s spending limit for the season was cut to 270 million euros by La Liga. Barcelona’s previous limit was 649 million euros, a figure inflated by the sale of future television rights income among a series of financial “levers” the club pulled. “The whole medium and long-term strategy is set …

Ticket sales for Euro 2024 in Germany start soon
1 year, 3 months ago

Ticket sales for Euro 2024 in Germany start soon

The Hindu  

More than 1.2 million tickets for football’s 2024 European Championship in Germany go on sale next month, with seats priced from 30 euros at group-stage games up to 1,000 euros for the final, UEFA said. The prime halfway line spots will go on sale in December at 400 euros for group-stage games and 2,000 euros for the final at the …

UEFA bans Juventus from Europa Conference League
1 year, 4 months ago

UEFA bans Juventus from Europa Conference League

The Hindu  

Juventus had its place in European competition this season removed by UEFA because of a false accounting case that had already taken the club out of Champions League qualification. UEFA said Friday that Juventus also must also pay a fine of 10 million euros for breaking Financial Fair Play rules. A further 10 million euros could be deducted if the …

Real Madrid closed financial year with 13 million USD profit
1 year, 5 months ago

Real Madrid closed financial year with 13 million USD profit

The Hindu  

Real Madrid closed the 2022-23 financial year with a 11.8 million euro profit, the Spanish club said on Monday, around one million euros less than in the previous season despite a higher revenue. The Spanish club managed to remain in profit over the last four financial years despite the negative impact of the COVID-19 pandemic and the 893 million euros …

Barcelona, Man United fined by UEFA for breaking financial fair play rules
1 year, 5 months ago

Barcelona, Man United fined by UEFA for breaking financial fair play rules

The Hindu  

Barcelona was fined 500,000 euros by UEFA on Friday and Manchester United must pay 300,000 euros in the last round of financial monitoring using Financial Fair Play rules that have since been replaced. UEFA’s club finance panel judged United’s offense, and similar ones by APOEL and Konyaspor, to be “minor break-even deficits.” The other clubs were each fined 100,000 euros. …

UEFA president Čeferin dismisses idea of threat to European soccer from big-spending Saudis
1 year, 6 months ago

UEFA president Čeferin dismisses idea of threat to European soccer from big-spending Saudis

Associated Press  

GENEVA — European soccer should not be afraid of a player exodus to Saudi Arabian clubs, UEFA president Aleksander Čeferin said Sunday, suggesting the country was making a mistake investing in stars at the end of their careers. Čeferin was asked by Netherlands broadcaster NOS if he was scared of a player exodus, and answered emphatically: “No, no, no.” “I …

Premier League clubs post record revenues as Europe recovers from COVID-19 impact
1 year, 6 months ago

Premier League clubs post record revenues as Europe recovers from COVID-19 impact

The Hindu  

Premier League club revenues rose by 12 per cent to a record 5.5 billion pounds in the 2021-22 season as European football capitalised on fans returning to stadiums after the COVID-19 pandemic, according to analysis from Deloitte. In its Annual Review of Football Finance, Deloitte’s Sports Business Group said the “big five” leagues in England, Spain, Germany, Italy and France …

FIFA makes first payment from finance house aiming to help small clubs
1 year, 6 months ago

FIFA makes first payment from finance house aiming to help small clubs

The Hindu  

The first money processed by a new FIFA finance department was the 159,900 euros paid to a French amateur club on Monday from the transfer of former youth player Benoît Badiashile to Chelsea. The Paris-based FIFA Clearing House was created by soccer’s governing body to bring more transparency to deals and ensure about $300 million extra each year is paid …

If the future of college football looks like European soccer, what can we expect?
1 year, 6 months ago

If the future of college football looks like European soccer, what can we expect?

New York Times  

The sport that most closely resembles college football is not the NFL. has been outbid for a player by the 17th best team in England — you will hear that the financial might of the English Premier League is killing European football and something must be done before the European club competitions become all-English affairs every season. Adam Crafton : …

Inter Milan raises hope and ambition in Champions League loss, but also must raise money
1 year, 6 months ago

Inter Milan raises hope and ambition in Champions League loss, but also must raise money

Associated Press  

ISTANBUL — In the current renaissance for Italian club soccer, Inter Milan’s impressive performance in a losing cause at the Champions League final stood out. “You have to keep your head clear and see the bigger picture.” The overall picture, however, also includes Inter’s financial health that improved with this Champions League run but still has has worrying symptoms. The …

Champions League final set to reach 450 million broadcast viewers worldwide
1 year, 6 months ago

Champions League final set to reach 450 million broadcast viewers worldwide

Associated Press  

ISTANBUL — A global audience of 450 million viewers is expected to watch at least some part of the Champions League final between Manchester City and Inter Milan on Saturday, UEFA has estimated. That 150 million figure is lower than the Champions League record 184 million average audience set by the 2014 final when Real Madrid beat city rival Atlético …

FIFA fund for unpaid wages helps 225 players at clubs in Portugal and Greece
1 year, 7 months ago

FIFA fund for unpaid wages helps 225 players at clubs in Portugal and Greece

The Hindu  

A FIFA fund to compensate for unpaid wages helped 225 players in the latest round of payments, including 61 in Portugal and 50 in Greece, the governing body of football said Friday. The $16 million FIFA Fund for Football Players was created in 2020 with the FIFPRO player union. “Given that it’s deeply frustrating for players not to receive their …

UEFA aims to fairly share revamped Champions League money
1 year, 7 months ago

UEFA aims to fairly share revamped Champions League money

Associated Press  

GENEVA — UEFA expects revenue from broadcasters and sponsors to rise about 33% for its revamped club competitions in 2024, and pledged Tuesday to spread most of any surplus among lower-ranked leagues if total sales approach 5 billion euros. The Champions League currently drives global revenue of 3.6 billion euros for UEFA club competitions for each of the three seasons …

Explained: The media rights deal the Bundesliga hopes will boost its competitiveness
1 year, 7 months ago

Explained: The media rights deal the Bundesliga hopes will boost its competitiveness

New York Times  

The Bundesliga are looking for a cash injection. The investment is designed to increase the league’s “international competitiveness,” according to Borussia Dortmund CEO Hans-Joachim Watzke, who also serves on the Bundesliga supervisory board. Forty-five per cent is earmarked for the club’s infrastructure — stadiums, club training centres, academies etc — and the final 15 per cent can be spent at …

Real Madrid earns most UEFA prize money with $146M in 2022
1 year, 8 months ago

Real Madrid earns most UEFA prize money with $146M in 2022

The Hindu  

Champions League winner Real Madrid earned the most prize money from a European club competition last season with 133.7 million euros, UEFA said Wednesday. Liverpool lost the final to Madrid and was second in the “prize money table” with a total of 120 million euros from UEFA’s total Champions League prize fund of more than 2 billion euros. Barcelona earned …

European clubs seal FIFA deal to increase World Cup revenue
1 year, 8 months ago

European clubs seal FIFA deal to increase World Cup revenue

Associated Press  

GENEVA — European soccer clubs sealed a new working agreement with FIFA on Monday after securing a 70% increase in their share of World Cup revenues for the 2026 and 2030 tournaments. The European Club Association said it renewed its working accord with FIFA through 2030, which also could lead to clubs having a say in managing commercial deals for …

FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups
1 year, 8 months ago

FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

The Hindu  

FIFA’s compensation paid to clubs that release players for the men’s World Cup has been increased by nearly 70% to 355 million USD for the 2026 and 2030 tournaments, the global football governing body and the European Club Association said on Monday. “The MoU recognises the central role of clubs in football globally and ensures that they are properly represented …

FIFA to Pay Clubs USD 355 Million for Sending Players to 2026 and 2030 World Cups
1 year, 8 months ago

FIFA to Pay Clubs USD 355 Million for Sending Players to 2026 and 2030 World Cups

News 18  

FIFA’s compensation paid to clubs that release players for the men’s World Cup has been increased by nearly 70% to $355 million for the 2026 and 2030 tournaments, the global football governing body and the European Club Association said on Monday. “The MoU recognises the central role of clubs in football globally and ensures that they are properly represented in …

UEFA punishes 11 European clubs for overdue debts
1 year, 9 months ago

UEFA punishes 11 European clubs for overdue debts

The Hindu  

UEFA punished 11 clubs on Friday, including one in Slovenia where its president Aleksander Ceferin was once a board member, for breaking financial monitoring rules. The Slovenian club earned 350,000 euros in UEFA prize money playing in the qualifying rounds of the third-tier Europa Conference League this season. The biggest financial penalties were imposed on Croatian clubs Osijek and Rijeka, …

UEFA sends aid money to Champions League final host Turkey
1 year, 10 months ago

UEFA sends aid money to Champions League final host Turkey

The Hindu  

UEFA gave 200,000 euros on Friday to help with relief work after the earthquake in Turkey, the country that will host the Champions League final in June. The European football body also pledged to organise more fund-raising activities in the days leading up to the final on June 10 in Istanbul. Initial donations included 150,000 euros from UEFA to the …

UEFA president warns clubs against ‘reckless’ spending on player wages
1 year, 10 months ago

UEFA president warns clubs against ‘reckless’ spending on player wages

The Hindu  

UEFA president Aleksander Ceferin warned that many European clubs are “compromising their economic sustainability” due to ever-increasing player wages which have risen on average by 16% compared to pre-pandemic levels. “And while this is not a negative trend per se, it is clear that many are compromising their economic sustainability in their reckless pursuit of success.” The report showed a …

Key questions after Chelsea’s unprecedented spending spree
1 year, 10 months ago

Key questions after Chelsea’s unprecedented spending spree

Associated Press  

Chelsea ripped up soccer’s traditional transfer rule book by embarking on a one-of-a-kind spending spree over the past two windows that broke records and completely distorted the market. Here are the figures: Chelsea spent an unprecedented $280 million on new players in Europe’s summer transfer window, the first in the post-Roman Abramovich era. UEFA’s updated monitoring rules — no longer …

Barcelona’s wage bill will stay for two seasons before it’s manageable, says club vice president
2 years, 2 months ago

Barcelona’s wage bill will stay for two seasons before it’s manageable, says club vice president

The Hindu  

Barcelona won't be able to reduce its salary burden to sustainable levels until several veteran players finish their contracts, the club's financial vice president said on Thursday. While presenting the budget for this season, Eduard Romeu warned it would likely take another two seasons before Barcelona is able to get its player salary load within manageable limits. Barcelona finished the …

Barcelona Must Shed Veterans to Balance Books: Club Official
2 years, 2 months ago

Barcelona Must Shed Veterans to Balance Books: Club Official

News 18  

Barcelona won’t be able to reduce its salary burden to sustainable levels until several veteran players finish their contracts, the club’s financial vice president said on Thursday. While presenting the budget for this season, Eduard Romeu warned it will likely take another two seasons before Barcelona is able to get its player salary load within manageable limits. Barcelona finished the …

Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit
2 years, 3 months ago

Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit

News 18  

Barcelona have forecast revenue of 1.255 billion euros for the 2022-23 season, with a predicted profit of 274 million euros. Barcelona also sold 24.5 per cent of their Barca Studios production company to fan token firm Socios.com and the same amount again to Orpheus Media, for around 100 million euros each. These deals, plus the return of supporters in droves …

Real Madrid Make 13 Million Euros Profit at The close of 2021-22 Season
2 years, 3 months ago

Real Madrid Make 13 Million Euros Profit at The close of 2021-22 Season

News 18  

La Liga club Real Madrid profited 13 million euros and a cash balance of 425 million euros at the close of 2021-22 season. The club said the cash balance on June 30, 2022, excluding the stadium redevelopment project, was 425 million euros, while during the Covid-19 pandemic, the loss of income since March 2020 had touched 400 million euros. “Operating …

PSG to pay UEFA $10M for breaking soccer club finance rules
2 years, 3 months ago

PSG to pay UEFA $10M for breaking soccer club finance rules

Associated Press  

GENEVA — Paris Saint-Germain must pay 10 million euros for breaking UEFA financial rules, with seven other clubs also punished for overspending since 2018. UEFA said its club finance investigators ordered prize money from European competitions totaling 26 million euros to be withheld from the eight clubs sanctioned under Financial Fair Play rules. A further 146 million euros in total …

Battle lines drawn as clubs and fans demand a fairer split of UEFA Champions League prize money
2 years, 3 months ago

Battle lines drawn as clubs and fans demand a fairer split of UEFA Champions League prize money

Daily Mail  

But the big clubs will not hand over their riches easily, with Manchester United making the case 30% of the prize pot is dished out on the basis of success in the past 10 years Distribution of prize money in the Champions League is heavily weighted in favour of elite clubs with a track record of success in the blue …

Source: CBS extends Champions League deal for $250M a year
2 years, 4 months ago

Source: CBS extends Champions League deal for $250M a year

Associated Press  

GENEVA — The Champions League is staying on CBS in the United States for an additional six years with parent company Paramount paying $250 million a year to renew its prime European soccer rights through 2030, a person familiar with the deal told The Associated Press on Friday. The current Paramount deal is for $100 million per season for the …

EA Sports to become title sponsor of Spanish league in 2023
2 years, 4 months ago

EA Sports to become title sponsor of Spanish league in 2023

Associated Press  

MADRID — EA Sports will become the title sponsor of the Spanish league beginning in 2023-24. The Spanish sports daily Marca said EA Sports will pay 30 million euros a season to the Spanish league in the rebranding agreement that includes the first and second divisions and other league-related competitions, including for youth squads and e-sports. “The agreement paves the …

Barcelona members approve sale of TV rights, merchandising
2 years, 6 months ago

Barcelona members approve sale of TV rights, merchandising

The Hindu  

Football Club Barcelona’s members have approved a plan to sell portions of the team’s television rights and future revenues from merchandise and licensing in hopes of injecting €600 million immediately into the debt-ridden Spanish club. Club president Joan Laporta said that the two measures were necessary to “generate profits and have positive equity” after two seasons of being unable to …

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