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Football finance

  • West Brom owner forced to invest seven-figure sum months after £60m purchase

    August 28, 2024

    The American businessman has agreed to pay off a £3.7m loan and spent more than £1m on improving facilities.

  • Chelsea eye Osimhen and Sancho in explosive end to transfer window

    August 27, 2024

    Chelsea’s deal-making shows no sign of slowing ahead of the transfer deadline after the club made an 11th summer signing and stepped up their interest in striker Victor Osimhen. The Blues’ latest business saw them clinch the signature of young Belgian goalkeeper Mike Penders from Genk for a fee of around £17m.  The teenager, who [...]

  • Rangers takeover: Scottish giants wanted by American investors in £150m deal

    August 27, 2024

    Glasgow Rangers are attracting takeover interest from American investors who value the club at around £150m, with a number of the existing shareholders at Ibrox thought to be open to selling.  Former chairmen Dave King and Douglas Park are the biggest shareholders at Rangers with 14 per cent and 12 per cent of the club [...]

  • Liverpool to shell out £30m for new signing who won’t join until next season

    August 26, 2024

    Liverpool are poised to complete their first signing of the summer transfer window in £30m Georgia goalkeeper Georgi Mamardashvili. Mamardashvili, who starred for his country at Euro 2024 earlier this summer, was on Merseyside on Monday to finalise his move from Valencia.  The 23-year-old is set to stay at the Spanish club on loan for [...]

  • Liverpool and Arsenal dominate football ticket scam league

    August 22, 2024

    Liverpool have been named top of the Premier League for football ticket scams, with fans of the club suffering the most fraud. Reds supporters fell victim to the highest number of ticket scams and also lost the most amount of money to them, according to NatWest. Liverpool fans were conned 76 times and lost close [...]

  • Why Tottenham Hotspur have been named the best-run football club in England

    August 22, 2024

    Spurs saw off Manchester United, Cambridge United, Brentford and Norwich City to top the Index.

  • Hotel snag hits potential rescue deal for beleaguered Reading FC

    August 21, 2024

    The long-running takeover saga at Reading has been further delayed by a dispute over the status of an IGH hotel at the Select Car Leasing Stadium.  Former Wycombe owner Rob Couhig has agreed a £25m deal to buy the League One club that also includes the stadium and the training ground, thus ending the disastrous [...]

  • Aston Villa decide against joining Man City in legal challenge to Premier League rules

    August 21, 2024

    Aston Villa are unlikely to follow through with threats from owner Wes Edens to follow Manchester City and mount a legal challenge to the Premier League’s Profitability and Sustainability Rules.  The club’s proposal to increase the three-year rolling loss limit from £105m to £135m was defeated at the Premier League’s annual general meeting in June. [...]

  • Haringey Council hands Tottenham Hotspur huge financial ‘Beyonce boost’

    August 21, 2024

    Tottenham Hotspur are set for a major financial boost after Haringey Council extended the club’s licence for hosting major non-football events, such as concerts from the likes of Beyonce, from 16 to 32 a year.  The club’s commercial income has already trebled from £70m to £228m since their move from White Hart Lane in 2019, [...]

  • England cricket chiefs using Ratcliffe’s Man United deal to sell Hundred stakes

    August 20, 2024

    Sir Jim Ratcliffe’s purchase of 27.7 per cent of Manchester United is being used by the England and Wales Cricket Board to help market Hundred franchises. The Ineos founder’s stake at Old Trafford is being used as an example of how a minority investor can attain huge influence at a major sporting institution if the [...]

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