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Football finance

  • Birmingham owner Wagner breaks ranks over Premier League redistributions

    October 1, 2025

    Birmingham City owner Tom Wagner has broken ranks with his EFL rivals over their attempts to extract more money from the Premier League. The thorny issue is among the top priorities for the incoming Independent Football Regulator after years of talks between the Premier League and the EFL ended in deadlock. Top flight teams currently [...]

  • Manchester United record sixth consecutive loss despite cuts

    September 17, 2025

    Manchester United have reported a loss for the sixth consecutive year although their financial performance did improve in 2024-25 thanks to record revenue of £666.5m. United made a net loss of £33m, taking the club’s total losses to £391m since 2019-20, although that was markedly down on the previous year’s £131m deficit. Revenue grew by [...]

  • Tottenham Hotspur take £90m loan following big-spending summer

    September 10, 2025

    Tottenham Hotspur have taken out a £90m loan from Australian bank Macquarie in a move that improves the heavily indebted Premier League club’s cash flow. Spurs have borrowed the sum against future media rights revenue that they are due to receive from the Premier League during the current season. Such loans are not uncommon even [...]

  • Premier League still facing legal threat to financial rules despite Man City deal

    September 10, 2025

    The Premier League is still facing another legal challenge to its financial regulations despite settling a long-running dispute with Manchester City over associated party transactions this week.  Legal action remains pending from the Professional Footballers’ Association over the Premier League’s plans to introduce new squad cost ratio (SCR) rules next season, which would limit clubs [...]

  • Ex-FA chief Alex Horne: Club game, regulator and football finance

    September 7, 2025

    Since September began the world of football has continued to offer talking point after talking point.  The Premier League transfer window closed to bring the curtain down on a summer splurge which topped £3bn for the first time; the Independent Football Regulator published its first piece of official policy ahead of its November detachment from [...]

  • What next for Tottenham Hotspur after Daniel Levy departs?

    September 5, 2025

    When it finally came, Daniel Levy’s departure as chair of Tottenham Hotspur took everyone by surprise – even those within the club. On Thursday, just before 6pm, Spurs announced that the man tasked with running the club for the Lewis family for almost a quarter of a century was stepping down.  Before the evening was [...]

  • Premier League spending gap shows why rivals are plotting overseas games

    September 4, 2025

    It’s more than 10 years since Bernard Caiazzo, then the co-president of French club Saint-Etienne, called on Uefa to take steps to curb the rampant financial power of the Premier League. Caiazzo’s warning came after the English top division had just announced its latest record-breaking media rights deal, which he said could see it become [...]

  • Premier League clubs spend more than European rivals combined

    September 2, 2025

    Premier League clubs highlighted the growing financial gap between English football and its rivals during the summer transfer window, spending more than the other members of the so-called Big Five combined. Teams collectively spent £3bn gross, a record sum for the division and 51 per cent of the aggregate total invested by the Big Five, [...]

  • Premier League spending hurtles towards £3bn mark

    August 29, 2025

    Alexander Isak’s on-off transfer from Newcastle United to Liverpool will not be of interest only to fans and bean-counters on Tyneside and Merseyside. The protracted deal is also one for the transfer data crunchers and historians of English football’s top flight, given that it could represent the passing of multiple financial milestones. Isak’s transfer fee [...]

  • Daniel Levy: Man City verdict taken far too long and multi-club needs controls

    August 4, 2025

    Tottenham Hotspur chairman Daniel Levy has called for a swift conclusion to Manchester City’s legal battle with the Premier League, saying the process “has gone on for far too long”. Less than two weeks before the start of a new top-flight season, more than 100 charges that City breached financial rules remain unresolved, despite an [...]

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