FC Barcelona president Joan Laporta said on Monday that the club had sold a percentage of their Barca Studios production house, in his latest attempt to generate enough revenue in order to register their summer signings. Laporta announced that Barcelona had sold 25 per cent of their Barca Studios arm to the blockchain-enabled fan token [...]
Finances
The future of European and World champions Chelsea is shockingly uncertain after sanctions were placed on Russian owner Roman Abramovich on Thursday. The sanctions, which are part of a broader government package imposed against six other oligarchs, are expected to apply as long as Abramovich owns the club before being lifted in the event of [...]
Italian finance police have raided the offices of Serie A club Juventus in Turin and Milan, seeking documents relating to transfers between 2019 and 2021. Turin prosecutor Anna Maria Loreto said in a statement released late on Friday that the investigation is looking into whether senior managers at Juventus gave false communications to investors and [...]
Spanish giants Real Madrid and Barcelona will see their wage bill slashed for the coming season as clubs continue to struggle financially post-COVID. Unlike in other leagues, in Spain, how much a team can pay in wages is determined by the league and not by the individual clubs. As a result, Barcelona’s salary cap for [...]
I wrote earlier this week about the financial troubles that Inter Milan’s Chinese owners are in. Inter owe over €200m in transfer fees to other clubs, with their biggest debt being too Manchester United for the signing of Romelu Lukaku back in 2019. Inter still owe United over €50m for Lukaku, and it appears that [...]
Inter Milan’s owners Suning Group have halted operations at its Chinese football clubs due to financial jeopardy – in a bombshell move which plunges the future of the Serie A giants into uncertainty. An announcement from the company last week announced that the Chinese Super League champions would no longer be in existence: “Due to [...]
Liverpool are slowly putting the steps in motion to create a long-term blueprint which will see their revenue rival that of Real Madrid and Barcelona. Often praised for their shrewd business off the field, Liverpool have emerged as one of the fastest growing football clubs in the world when it comes to monetary terms. And [...]
Lionel Messi is reportedly ready to sue as many as five ‘suspects’ that he believes may have leaked his €555,237,619 Barcelona contract. The five men in question are former president Josep Maria Bartomeu; former vice-president, Jordi Mestre; CEO Òscar Grau; interim president, Carles Tusquets; and the head of the club’s legal services, Romàn Gómez Ponti. [...]
Another January transfer window has come and gone. This one though lacked the fireworks of previous windows due to the ongoing impact that COVID-19 is having on the finances of football clubs around the world. The lack of money does not mean that some clubs improved themselves during the window, while the lack of activity [...]
COVID has hit almost every club in world football, but it has probably hit no club harder than Barcelona. We have been writing for months about the clubs financial situation. Unfortunately for Barca fans, the financial situation is getting worse not better, according to a report published on Friday in El Confidencial. It article claims [...]
