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Finances

Bartomeu

Fifa says it is not aware of any agreement for Barcelona to join a European Super League. Outgoing Barca president Josep Maria Bartomeu said the club had begun proceedings as he announced his resignation on Tuesday. In a press conference on Tuesday, Bartomeu announced that the Spanish club has agreed to join the proposed European [...]

Four senior Barcelona players have signed new contracts which include a temporary salary reduction because of the impact of coronavirus. The signings is a big win for embattled Barcelona president Josep Maria Bartomeu as they bat back criticism that he and the board have lost the dressing room. That Bartomeu was able to get Pique [...]

Manchester United Finances Hit Hard By COVID

Manchester United Old Trafford

Manchester United suffered a £70m drop in revenue in the period to 30 June 2020 as a direct result of the coronavirus pandemic. United’s overall revenue was down 18.8% from £627.1m to £509m, but part of this was due to the club not qualifying for last season’s Champions League. In last year’s statement, United had [...]

UEFA

La Liga president Javier Tebas has criticized the decision to overturn Manchester City’s two-season ban from European football. The Court of Arbitration for Sport (CAS) confirmed on Monday that the Premier League club had been cleared of “disguising equity funds as sponsorship contributions” and would be allowed to enter into European competitions as normal. Back [...]

Manchester City Tickets

Manchester City have won their battle with UEFA and their two-year Champions League ban has been lifted. The Premier League club were banned from European football for two years in February after UEFA found they had committed ‘serious breaches’ of its Financial Fair Play regulations. But many of the alleged breaches were more than five [...]

Manchester United Old Trafford

Manchester United’s executive vice-chairman, Ed Woodward, addressed the club’s investors on Thursday to discuss the club’s latest set of financial results, the numbers sounded bleak. Over a 40 per cent increase in net debt, revenues down and an estimated £23 million ($28m) already lost due to Covid-19 made up the headlines, and the worst is [...]

Juventus Impose Salary Cap

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Juventus were the first big club to demand wage concessions from their players when Serie A stopped playing, a move that others across Europe quickly followed. Are Juve trendsetters again as they have become the first Italian club to launch their own salary cap? Will other clubs follow this lead, leading to a reduction in [...]

Barcelona Flag

With money tight everywhere we get a glimpse into who the best run football clubs. And who are not. One of the leaders in the worst-run category is Barcelona, who are going back to their players and asking them to take further wage cuts as Barca’s 2021-22 budget will be €200 million less than what [...]

PSG Fans

The richest football club in the world, Paris Saint-Germain, are expecting to to suffer massive financial losses because of the coronavirus crisis according to their chairman Nasser Al-Khelaifi. Al-Khelaifi is involved in negotiations to break the stalemate between France’s professional clubs and TV rights holders Canal+ and beIN Sports after the pair refused to pay [...]

Suning Invest More Money Into Inter

Suning Inter MIlan Owners

Interesting news from FCInter1908.it that Suning Real Estate have become an official partner of Inter. “Suning Real Estate has officially become an authorised partner of Inter Football Club,” the statement said. “The two companies will work together to create a beautiful community that integrates the experience of Italian style and sports culture. “Adhering to the [...]