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Football finance

  • Cristiano Ronaldo completes Manchester United return for initial fee of £13m

    August 31, 2021

    Cristiano Ronaldo has officially completed his return to Manchester United from Juventus on transfer deadline day for an initial fee of €15m (£13m). The Italian club confirmed the terms of the blockbusting transfer this morning. The fee could rise to €23m if Ronaldo and United hit certain targets. United announced the completion of the deal [...]

  • A brief history of cryptocurrency in football – and how blockchain technology might shape our experience of the game in future

    August 30, 2021

    Bitcoin and cryptocurrency have reimagined finance and money as concepts.  Now more than ever, however, blockchain technology and, more specifically, NFTs and tokens are disrupting everything else. And that includes human culture.  NFTs especially have captivated millions of people around the world. This is because we, as humans, have an innate desire to collect and [...]

  • Cristiano Ronaldo asks to leave Juventus amid Manchester City interest as PSG line up Erling Haaland to replace Kylian Mbappe

    August 27, 2021

    Cristiano Ronaldo has told Juventus that he wants to leave the club, paving the way for a possible transfer to Manchester City. Juventus manager Massimiliano Allegri confirmed rumours about Ronaldo’s eagerness to quit the Italian side, where he has scored 101 goals in three seasons. Joining City would complete a remarkable return to the Premier [...]

  • Fifa president Gianni Infantino writes to Prime Minister Boris Johnson in attempt to resolve club v country red list quarantine row

    August 25, 2021

    Fifa president Gianni Infantino has called on Prime Minister Boris Johnson to waive quarantine rules for footballers to resolve a stand-off between clubs and national teams. Premier League clubs say they will refuse to let their players take part in World Cup qualifiers next month if the fixtures involve travel to countries on the Covid-19 [...]

  • Premier League spending down in this summer transfer window as Covid-19 pandemic forces clubs to tighten belts

    August 24, 2021

    The pandemic has forced Premier League clubs to dial down their summer transfer spending, according to new research by Deloitte. With one week of the transfer window remaining, England’s top-flight teams have committed £70m less in gross terms than at the same stage last year. And although Manchester City broke the Premier League transfer record [...]

  • Why a salary cap and luxury tax are unlikely to succeed where Financial Fair Play failed and make European football more competitive

    August 21, 2021

    It feels symbolic that two of the biggest football transfers of the summer should precede the death knell for Financial Fair Play, the rules designed to rein in spending that now look set to be replaced with a salary cap and luxury tax. Paris Saint-Germain’s signing of Lionel Messi and Manchester City’s Premier League record [...]

  • What is the Europa Conference League, why is it happening and how will it work? Uefa’s new third club competition explained

    August 19, 2021

    This season heralds the start of a new, third European competition for club football: the Europa Conference League. England’s role representatives are Tottenham Hotspur, who enter the competition at the play-off stage and play their first match this evening. But why has governing body Uefa created the new competition and how will it work? Read [...]

  • UK’s biggest pub chain Stonegate to promote Spanish football after agreeing deal with LaLiga to show its matches in 100 pubs

    August 18, 2021

    The UK’s biggest pub group, Stonegate, has struck a deal with Spanish football league LaLiga to show and promote its matches. Stonegate will showcase the LaLigaTV channel, which broadcasts all live games and recently announced Gary Lineker as a presenter, in almost 100 key pubs including its London-based Sports Bar and Grill chain. The move [...]

  • England striker Tammy Abraham joins Roma from Chelsea in record breaking transfer for an English player moving overseas

    August 17, 2021

    Tammy Abraham has left Chelsea for Roma in a €40m (£34.1m) transfer that makes him the most expensive English player ever signed by an overseas club. England centre-forward Abraham has signed a five-year contract with the Italian team, where he will be reunited with former Chelsea manager Jose Mourinho. The fee of £34.1m eclipses the [...]

  • Football clubs, players and agents increasingly on HMRC’s radar

    August 16, 2021

    HMRC tax investigators are targeting football clubs for £45m in tax they have underpaid, City A.M. can reveal today. According to data provided by HMRC to accountancy firm UHY Hacker Young and shared with this newspaper today, HMRC has uncovered £5.8m in tax owed by players and £4.8m owed by agents in the last year.  [...]

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