Chelsea have announced that they made a loss of £23.1m last season, despite winning the Premier League title. According to the Blues annual financial results, the deficit kept them within Financial Fair Play (FFP) limits. “It was a primary aim in the past financial year to be one of the clubs with a continuous record […]
Finances
Uefa has announced that the 32 clubs that competed in the Champions League last season shared almost €988m in payments from UEFA, an increase of €36m from the 2013/14 season. Usually the winner takes home the lions share of the money but that was not the case last season as runners-up Juventus were the big […]
Manchester City have been cleared to launch a huge summer spending spree after UEFA confirmed that Financial Fair Play restrictions on the club are being lifted. City’s transfer budget was capped at £49 million last summer and their Champions League squad cut to 21 players for breaking FFP regulations, but the news from UEFA on […]
The Premier League has released the payouts that clubs received from the leagues new TV deals, and the size of the payouts make it clear that Financial Fair Play in Europe is doomed to fail. Chelsea’s Premier League title success earned them £9 9 million in total prize money according to official figures, the most […]
Arsenal boss Arsene Wenger says that the massive new £5 billion Premier League domestic TV rights deal has changed the financial landscape in Europe, and has forced clubs in the rest of Europe to demand changes to UEFA’s financial fair play (FFP) rules. UEFA president Michel Platini confirmed on Monday that the FFP rules would […]
Some very interesting comments from Paris Saint-Germain boss Laurent Blanc that the French champions are unlikely to make any signings in this transfer window due to UEFA’s financial fair play sanctions. PSG, along with Premier League winners Manchester City, were punished when UEFA issued its first wave of FFP punishments last summer. And while Citu […]
Deloitte have released their 2014 Football Money League standings and while Real Madrid maintain their hold on first place, Manchester United have leapfrogged Bayern Munich and Barcelona and moved into second place after their revenues rose to £433.2m from £363.2m. United’s rise is down to its rapid commercial growth, and with more deals announced this […]
The Mirror has a story of Manchester United’s possible new kit for the 2014-15 season. But what caught my eye in the article was the size of United’s massive kit del that they sighed with Adidas last summer. The 10-year deal is worth £750 million as is the richest kit manufacturing deal in world football […]
Chelsea are set to announce profits of almost £20m and a record turnover of around £325m when the Premier League leaders release their annual financial results. The current Premier League leaders will report a turnover of £325m for the year up to June 30, and will comfortably pass UEFA’s Financial Fair Play (FFP) test thanks […]