While Manchester United might have outspent everyone in Europe this past summer, there is no doubt what club who is the biggest club in the world in terms of revenue. European champions Real Madrid have announced their financial results for the 2013/14 financial year and they show record revenues of £480 million (€603.9 million). Real […]
Finances
When Uefa recently fined Premier League champions Manchester City over violating their Financial Fair Play rules, one of the “punishments” was that City could only name a 21-man squad for next season’s Champions League campaign instead of the usual 25. Not much of a punishment as City only used 21 players in this season’s campaign. […]
On a conference call with investors on Thursday, Manchester United executive vice chairman Ed Woodward put the cost of the missing out on Champions League football at around £30m. Add in the payoff to former manager David Moyes of “single digit millions” and the true cost of the failed Moyes era will be close to […]
According to Jose Mourinho, it was Uefa’s Financial Fair Play rules that prevented Chelsea from signing a world class striker like Radamel Falcao and Edinson Cavani this past summer. The Premier League leaders eventually signed Samuel Eto’o from Anzhi Makhachkala in August, having failed with a high-profile attempt to sign Wayne Rooney after Manchester United. […]
Jose Mourinho has tuned up the heat ahead of Monday’s battle of the billionaires when Chelsea meet Manchester City in a battle between two of the Premier League’s top three teams. On Saturday night Chelsea manager Jose Mourinho accused some unnamed clubs of ‘dodgy FFP’ saying: ‘There are clubs that are following exactly the project […]
According to a new report from FIFA, Premier League clubs spent £660m on international transfers last year, accounting for 25% of all money spent. After the Premier League, Italian clubs were the next biggest spenders overseas (£286m), followed by France (£253m), Spain (£192m) and Germany (£144m). The value in the transfer market must be in […]
Chelsea have announced that for the financial year ending June 30, 2013, that the Europa League champions made a loss of £49.4 million, but despite that they managed to satisfy UEFA’s Financial Fair Play regulations. Despite not progressing out of the Champions League group stages, Chelsea announced a record turnover of £255.8 million. Chelsea revenue […]
Love this story. Chelsea chairman Bruce Buck has hit out at the Premier League’s Financial Fair Play regulations saying that it doesn’t let small teams compete. Speaking at the Leaders in Football conference last month Buck said: “The problem we have identified with Financial Fair Play is that it goes a long way to preserving […]