Articles for Clubs Financial

Spanish government provisionally allows Dani Olmo to continue playing for Barcelona
Top News
6 days, 16 hours ago

Spanish government provisionally allows Dani Olmo to continue playing for Barcelona

The Hindu  

Spain's government stepped in Wednesday to provisionally allow midfielder Dani Olmo and forward Pau Víctor to continue playing for Barcelona following the Spanish league's refusal to do so. The council has initially ruled in Barcelona's favor to allow the two players to continue participating in official competitions while it studies the appeal and makes a definitive ruling. Last summer, the …

Spain Players Barcelona League Spanish
Aston Villa call for maximum losses to be increased by £30MILLION in proposed change to Premier League spending rules in an attempt to 'protect competitive balance'
7 months, 1 week ago

Aston Villa call for maximum losses to be increased by £30MILLION in proposed change to Premier League spending rules in an attempt to 'protect competitive balance'

Daily Mail  

Aston Villa are proposing a change to the rules restricting Premier League clubs’ spending before the transfer window opens formally on June 14. The document read: ‘We believe that increasing the current level of the allowable losses would go some way to accounting for the inflationary pressures that Premier League clubs are facing, would aid the competitive balance of the …

Villa Premier League Current Losses Psr Clubs Financial
English clubs’ financial power detailed in UEFA review of $25BN European football economy
11 months 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 — …

England Spain English Barcelona Liverpool Premier League Revenue
European Super League tournament poses no threat to Premier League supremacy
1 year, 11 months ago

European Super League tournament poses no threat to Premier League supremacy

The Telegraph  

The Premier League believes a fresh declaration of war from European Super League rebels will pose no threat to their financial supremacy in the global game after a proposal for a new breakaway competition was launched on Thursday. A key factor in A22’s pitch to clubs around Europe is that the Premier League’s financial power has made it impossible for …

Europe English Premier League Super League Premier Clubs European
Debt-ridden Barcelona was king of the 2022 transfer window, but at what cost?
2 years, 4 months ago

Debt-ridden Barcelona was king of the 2022 transfer window, but at what cost?

The Hindu  

If every football transfer deadline day had played out in a physical market, one would notice distinct characters caught in the mad rush to complete deals before the window slammed shut. To sum up Barcelona’s troubles, the club’s debt rose to €1.3 billion last year, and having crossed a stipulated ‘salary limit’, the club was blocked by the Spanish league …

Europe Summer Financial Players Barcelona Debt Real Madrid
La Liga President attacks funding in letter, responding to PSG
3 years, 3 months ago

La Liga President attacks funding in letter, responding to PSG

The Hindu  

The escalation of squabbling started with La Liga president Javier Tebas publicly launching jibes at Paris Saint-Germain — particularly for signing Lionel Messi. Tebas writes that “PSG's finances have been kept afloat thanks to the multi-million euro contributions of its shareholder over the last three seasons.” READ | PSG, Man City set to benefit from expected end to financial fair …

French Psg Uefa La Liga Liga Melero Tebas
PSG's Victoriano Melero writes to Spanish league head Javier Tebas to protest attacks on club
3 years, 4 months ago

PSG's Victoriano Melero writes to Spanish league head Javier Tebas to protest attacks on club

The Hindu  

After years of verbal attacks against its ownership and funding, Paris Saint-Germain’s leadership has had enough, writing to Spanish league president Javier Tebas to protest his “insulting and defamatory statements” about the Qatari-owned club, according to a letter obtained by The Associated Press. Melero chided Tebas for adopting a “strategy favouring the economic expansion of LaLiga without having domestic financial …

Football Players Barcelona Club French Clubs League
European football clubs set to lose $10.6 billion as a result of COVID-19 pandemic, claims UEFA report
3 years, 7 months ago

European football clubs set to lose $10.6 billion as a result of COVID-19 pandemic, claims UEFA report

Firstpost  

As a result of slashed budgets, transfer spending by European clubs in last year’s summer window plummeted by 39 percent. London: European football clubs are forecast to miss out on 8.7 billion euros in revenue as they struggle to cope with the devastating financial fallout from the coronavirus pandemic, a UEFA report said Thursday. In the foreword, UEFA president Aleksander …

Football Financial Report Clubs European Uefa European Football
LaLiga: ‘Not worried about Barcelona’s financial crisis,’ says league president Javier Tebas as club inches towards bankruptcy
3 years, 11 months ago

LaLiga: ‘Not worried about Barcelona’s financial crisis,’ says league president Javier Tebas as club inches towards bankruptcy

Firstpost  

“Big clubs like Barcelona are in heavy debts because they depend on revenues from ticketing and museums, something that they just couldn’t generate last year. Allaying concerns raised by mediapersons in a virtual press conference, Tebas said that “debt doesn’t mean anything” if the club’s revenue-generation capabilities are sound. The Spanish clubs introduced pay cuts to counter mounting losses, and …

Barcelona Debt Club Million Clubs League Euros
Premier League 'can't give blank cheque' to lower-league clubs, says CEO Richard Masters
4 years, 2 months ago

Premier League 'can't give blank cheque' to lower-league clubs, says CEO Richard Masters

Firstpost  

Premier League is in negotiations with the EFL over a financial package to ensure no sides go out of business due to the coronavirus pandemic, though an agreement has yet to be reached. London: Premier League chief executive Richard Masters said on Tuesday there could be no “blank cheque” to bail out the English Football League despite the financial crisis …

Premier League Masters Premier League Parry Efl Blank Cheque
Premier League clubs reject Project Big Picture plans in meeting
4 years, 3 months ago

Premier League clubs reject Project Big Picture plans in meeting

Daily Mail  

The Premier League wrestled back control of proposed reforms to its structure at a dramatic meeting of the clubs on Wednesday that left both sides in football’s civil war claiming victory. Premier League clubs have rejected Project Big Picture plans during Wednesday's meeting Liverpool's John W Henry and Manchester United's Joel Glazer were behind the plans Moreover, all of their …

Rescue Championship Liverpool Premier League Manchester United Project Masters
MARTIN SAMUEL: Sean Dyche is right about financial bailouts
4 years, 3 months ago

MARTIN SAMUEL: Sean Dyche is right about financial bailouts

Daily Mail  

Sean Dyche was contemplating the effect of Covid-19 on football's pyramid. In July, Dave Lewis, Tesco's chief executive, called for an 'Amazon tax' of two per cent on online retail, saying it would raise £1.5billion, enough to cut business rates by 20 per cent for retailers. UEFA restricted media seats at last season's Champions League finals event to one representative …

Football Tax Game Champions League Press High Covid
Women's football in India stares at uncertain future amid coronavirus-induced economic slowdown
4 years, 5 months ago

Women's football in India stares at uncertain future amid coronavirus-induced economic slowdown

Firstpost  

Women’s football in India faces an unprecedented challenge and an uncertain future with the economic downturn caused by the COVID-19 pandemic. AIFF Executive Committee member and PIFA director Anjali Shah agrees that the pandemic would have a “long-lasting” impact on women’s football. “The ecosystem and duration of women’s league in India do not allow the players to solely depend upon …

India Football Pandemic Future Financial Players World Cup
Manchester City overturns 2-year ban from Champions League
4 years, 6 months ago

Manchester City overturns 2-year ban from Champions League

Associated Press  

GENEVA — Manchester City successfully overturned its two-year ban from the Champions League on Monday in a surprising legal victory. Some UEFA allegations accusing City of finance rules violations dating back several years were not proven and others were “time-barred,” the court said. The allegations included that City, owned by Abu Dhabi’s royal family, misled UEFA over several years to …

Finance Evidence Champions League City Play Rules Club
Damien Comolli says only THREE Premier League clubs will be able to pay fees in the transfer window
4 years, 8 months ago

Damien Comolli says only THREE Premier League clubs will be able to pay fees in the transfer window

Daily Mail  

The majority of Premier League clubs will be unable to spend money on transfers this summer due to the coronavirus crisis, according to former Tottenham and Liverpool recruitment chief Damien Comolli. With the dates for the transfer window still unclear, Comolli believes most clubs are focusing their attention on free transfers – and he expects only three top-flight English clubs …

Europe Transfer Transfers Liverpool Clubs League Able
Ronaldo and Portugal teammates give amateur clubs financial boost
4 years, 9 months ago

Ronaldo and Portugal teammates give amateur clubs financial boost

Deccan Chronicle  

Lisbon: Cristiano Ronaldo and his Portugal teammates have donated half of their bonus for qualifying for the Euro 2020 finals to help amateur football in the country that has been hit by the coronavirus shutdown. The Portuguese football federation said on Monday the money would go towards a fund that it hopes will reach 4.7 million euros to help amateur …

Ronaldo Clubs Financial Portugal Teammates
Financial fair play must continue during pandemic: La Liga chief
4 years, 9 months ago

Financial fair play must continue during pandemic: La Liga chief

Deccan Chronicle  

Barcelona: La Liga president Javier Tebas has warned against relaxing UEFA’s financial fair play rules as clubs struggle to cope with a loss of income due to the pause in competitions due to the coronavirus pandemic. Tebas has long talked of the need to uphold the financial fair play rules, which oblige clubs to break even and are intended to …

Clubs European Spanish Tebas Financial Fair Play Spanish Clubs Play Rules
Relentless rise of Chinese football and Super League leaves second-tier clubs like Liaoning FC on verge of closure
4 years, 9 months ago

Relentless rise of Chinese football and Super League leaves second-tier clubs like Liaoning FC on verge of closure

Firstpost  

Liaoning have dropped down to China’s second-tier and now stand on the cusp of closure as financial issues start to affect the game outside the Chinese Super League, the top flight of the country’s professional pyramid Hong Kong: Three decades ago Liaoning FC were the standard-bearers of Chinese football, sweeping aside all before them domestically and across Asia, but their …

Football China Super League Club Liaoning Cfa Chinese Football