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Football finance

  • Football clubs concerned as EFL set to axe its rogue owners test

    October 8, 2025

    The EFL is planning to hand over sole responsibility for assessing the suitability of potential owners to the Independent Football Regulator (IFR), raising concerns among some clubs over whether the new government-backed body has the resources and expertise to make such judgements effectively. The Premier League, in contrast, will continue to operate its own Owners’ [...]

  • Exclusive: Everton bidder Manoukian launches athlete neobank Stadion

    October 7, 2025

    It was in the early summer of 2024, when Everton were in the eye of a storm caused by the disintegration of their prospective owners, 777 Partners, that Vatche Manoukian’s name suddenly hit the headlines. The London-based Armenian, a former finance lawyer turned investor, emerged as a potential saviour to the cash-strapped Merseyside football club [...]

  • 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, [...]

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