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English football giants Manchester United have released their financial report for the fourth quarter of 2011. Figures released show that the club’s revenue has incresaed to £175 million, which is an increase of £18.5m from £156.5m figure that was released at the end of 2010. Not only are revenues high but the club’s debt has decreased...
Today Rangers FC owner Craig Whyte confirmed that the club was to go into Administration, with the Scottish based outfit set to face a tax bill of £49m, which can rise even further to a possible £75m. With the club struggling with their finances they have had to make a decision which they felt will help to secure the long term stability of the club.
It’s...
UEFA have stepped up their efforts for financial fair play by threatening to ban players and use points deductions on clubs who fail to improve on their finances. In 2010 European clubs lost around £1.3 billion which is the worst statistics ever recorded for financial losses.
UEFA general secretary Gianni Infantino revealed that clubs who don’t...
Now I know this is another post about Arsenal, but Peter Hill-Wood said something today which I had to share with you. Hill-Wood isn’t exactly the most popular figure with the fans, but today he outlined in just a few words what the future of Arsenal beholds. In an interview on skysports Hill-Wood says that Arsenal don’t fear losing out...
Filed in: Club Debt, What's New?
This is the second part of 3 articles which talks about the eleven values of UEFA. Here we will see whether have succeeded or failed in trying to uphold the values they claim to hold so dear in the game.
8. Financial Fair Play and Regularity of Competitions
“UEFA supports fair play both on and off the pitch. Financial fair play means that clubs...
Filed in: Club Debt, What's New?
Barcelona president Sandro Rosell last night proposed a complete overhaul of the football calendar, in what will be the biggest change in the history of football. He threatened both the UEFA and FIFA governing bodies that Barcelona will not sign a new agreement until their demands are met. Rosell stated that the following changes would need to be considered:
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Today Newcastle United confirmed they are to sell the naming rights of their stadium. Their Managing Director Derek Llambias said that “due to the tough economic times we all face stadium rebranding offers the club additional income, which will be vital for taking the club forward”. To help attract potential interested parties the board are to rename...
Even though third party ownership was banned in England after the Carlos Tevez West Ham fiasco, it is still quite common in other parts of the world such as South America. The FA introduced the ban before the season of 2008/2009, which required clubs to buy out any third party owners before any transfers can be approved.
For those of you who don’t...
Well this doesn’t really come as a surprise now does it. Barcelona and Real Madrid were never going to share the TV revenue equally and yesterday Barca vice-president Javier Faus confirmed these fears to the media. The current deal for TV revenue for the La Liga clubs expires in 2015, where spains giant 2 rake in the highest revenues, forcing...
Today the Liverpool MD Ian Ayre stated that premier league clubs should be able to set their own TV deals, instead of equally sharing the revenues between the 20 clubs in the league. Ayre mentioned on the BBC website that other European clubs such as Spain’s La Liga giants Barcelona and Real Madrid don’t follow the premiership model and create larger...

