Major League Soccer commissioner Don Garber has announced that is all about the money. Well actually, he announced the leagues plans for the next round of expansion, with the process, timeline, but with an expected $150 million expansion fee, it is clear that expansion is being driven by dollar signs. There are currently 22 teams […]
Finances
UEFA has already announced that beginning with the 2018-19 season, that the Big Four European Leagues (England, Spain, Italy and Germany) will all get four guaranteed spots in the group stages. Now according to a report in the German magazine Kicker, UEFA is getting set to roll out a new revenue distribution that could see […]
In his long interview that was published in Corriere dello Sport, Inter president Erick Thohir provided the most in-depth look at the Nerazzurri’s financial situation and how he is trying to build a Champions League squad without falling foul of FIFA’s rules on irresponsible debt. “There’s an economic difference between being in the Champions League […]
In the Premier League’s first season, 1992-93, Manchester United took in the most money, earning £2,413,660, while Middlesbrough, the lowest earners, made £1,063,135. Fast forward to 2015-16 and the Premier League has announced that Arsenal became the first club to break the £100 million barrier last year, earning £100,952,257 just from TV and finishing second […]
Interesting comments by Barcelona president Josep Maria Bartomeu that the planned expansion of the Camp Nou will not take place until the club has reduced its debt by over €100m. Barca’s current debt is about €304, according to last years figures and Bartomeu wants to reduce it to €200m. “There is much work to be […]
Forbes has released its list of the most profitable football club in the world for last season and the list is dominated by Premier League clubs, who occupied 5 of the 10 places. Manchester United might be struggling on the field, but they dominate off it. During the 2014/2015 season, using June 2015 exchange rates, […]
American sports executive Charlie Stillitano caused controversy last month we he spoke about the Champions League being a closed tournament, open only to the biggest clubs in Europe. Stillitano got hammered in the press, but this week Inter Milan CEO Michael Bolingbroke spoke about a similar process where the big names could still enjoy the […]
European champions Barcelona joined Real Madrid and Manchester United in earning over €500 million last season, financial consultants Deloitte revealed in their latest Football Money League published on Thursday. Madrid topped the table for the 11th year running with earnings of €577 million over the course of the season, driven largely by a €22.7 million […]