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Football finance

  • Arsenal, Tottenham, Liverpool and 17 other top clubs hire City firm to take on UK’s biggest insurers in mega football claim

    May 17, 2022

    Some of England’s biggest football clubs – including Arsenal FC, Aston Villa FC, Tottenham Hotspur FC and West Ham FC, have instructed City law firm Clifford Chance to launch a multi-party action against some of the biggest insurance players in London. The group of 20 claimants, which also includes Liverpool FC and Leicester City FC, [...]

  • Derby County takeover: Buyer Chris Kirchner exchanges contracts on deal for football club

    May 17, 2022

    Prospective Derby County owner Chris Kirchner says he has exchanged contracts on a takeover of the football club. Kirchner has been locked in talks for months with administrators, stadium owner Mel Morris and the English Football League over a deal. If completed, the transaction would bring to an end the crisis at one of the [...]

  • Fresh doubt over Chelsea takeover amid issues with deal’s terms

    May 16, 2022

    Fresh doubt has been cast over the multibillion-pound takeover of Premier League outfit Chelsea with a new licence yet to be agreed. Government officials are said to have doubts over the reissuing of a licence which expires at the end of the month. The football club have been placed under such a licence following the [...]

  • Premier League consults top clubs over debt-fuelled takeovers

    May 14, 2022

    The Premier League is weighing up a formal ban on debt-fuelled club takeovers as football gears up for an industry overhaul. As first reported by Mark Kleinman for Sky News, Premier League execs are in discussions with the top twenty teams about the change in ownership rules and leveraged buyouts. The consultation process is expected [...]

  • North London derby: Tactical puzzle awaits in £50m clash between Tottenham and Arsenal

    May 12, 2022

    There is no love lost between the two sides tethered by the Seven Sisters Road but tonight’s north London derby between Tottenham Hotspur and Arsenal promises to be especially combustible. The stakes are higher than they have been for any north London derby in several years, with both teams hunting a return to the Champions [...]

  • Government commit to football regulation in Queen’s Speech

    May 10, 2022

    Today’s Queen’s Speech confirmed the government’s intention to introduce an independent football regulator in a bid to stabilise footballing finances. The speech – written by the Government but read by Prince Charles on behalf of the Queen – included the regulation plans among its priorities for this parliamentary term. The football regulator will be designed [...]

  • Manchester City win race to sign hot property Erling Haaland for knockdown £64m

    May 10, 2022

    Manchester City have won the race to sign one of world football’s hottest properties, Norway striker Erling Haaland, according to widespread reports. Haaland was also wanted by Real Madrid after scoring 85 goals in 88 games for German club Borussia Dortmund but has opted to move to England this summer. City are expected to pay [...]

  • Chelsea ride storm to deliver first trophy since club put up for sale

    May 8, 2022

    Chelsea are Women’s Super League champions for the third consecutive season after Emma Hayes’ side weathered a challenge from Arsenal and brought the club its first trophy since they were put up for sale and owner Roman Abramovich sanctioned. But early yesterday afternoon, on the final day of the season, Jonas Eidevall’s Gunners had one [...]

  • Liverpool part-owner RedBird Capital Partners makes approach to buy AC Milan – reports

    May 5, 2022

    RedBird Capital Partners, the US investment firm with a minority stake in Liverpool’s owners, is interested in buying AC Milan, according to reports. RedBird has approached AC Milan’s owners, US hedge fund Elliott Management, about a possible deal for the Italian football club, reports Mark Kleinman for Sky News. Bahrain’s Investcorp had been expected to [...]

  • Chelsea facing administration unless Roman Abramovich drops plans to call in £1.5bn debt

    May 4, 2022

    Chelsea owner Roman Abramovich will likely have to drop plans to call in his £1.5bn loan to the club or see it go into administration. Abramovich is reported to have scrapped an apparent previous commitment to write off the debt as part of the sale of the club. The sanctioned Russian oligarch is not allowed [...]

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