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Scooped by
John Beech
onto Football Finance |
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Owner Farhad Moshiri once said the club were ‘robust’ enough to fund stadium but now they need working capital injections
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May 31 – With Chelsea Women entering a new era, and Sonia Bompastor replacing Emma Hayes who has already landed in the US for her new role as women’s national team manager, the club has unveiled a long-term strategic plan to develop the women’s team as a stand-alone entity to the men’s team and infrastructure.
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Manchester United staff have been offered early payment of an annual bonus if they resign by next Wednesday
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American businessman must first offload his 45 per cent share in the Eagles in order to potentially buy another Premier League team
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A report from football retailer FORZA has found that 70 of England and Wales’s grassroots football club’s lack sufficient funding.
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SOUTHEND United fans are again fearing for the future of the football club.
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An investment bank has been hired to review 777 Partners as their takeover of Everton continues to crumble.
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From
news
The Turkish-based grocery delivery app struck a three-year partnership with Spurs in 2021 – and still owes the club millions of pounds, Sky News learns.
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777 Partners had its control of Brazilian side Vasco da Gama provisionally removed by a judge in a Brazilian court
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From
eplindex
Report: Everton Given Takeover Hope Amid Financial Struggles by Ben Pescod on May 10, 2024 for EPLindex.com
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May 7 – The prospective takeover of ailing English Premier League club Everton by 777 Partners has been plunged into further doubt after one of its lenders accused the Miami-based investment firm of fraud running into hundreds of millions of dollars.
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Owner Farhad Moshiri once said the club were ‘robust’ enough to fund stadium but now they need working capital injections
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From
www
Premier League clubs vote in favour of developing plans to introduce a spending cap in England's top flight.
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May 30 – Leeds United have announced that Red Bull have acquired a minority ownership stake in the club and will also become their front-of-shirt sponsor in a multi-year deal.
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From
fcbusiness
Mansfield Town has announced that a debt of £1.2m has been written off the club’s books. Documents have been signed to turn a total sum of £1.2m, which derived as loans from Chairman, John Radford and Directors Steve Hymas and Steve Middleton, into preference shares.
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From
www
A call to guarantee Gateshead FC a 10-year tenancy at their stadium is voted down.
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May 24 – The Greek owner of Nottingham Forest, Evangelos Marinakis, has teased the idea of moving away from the City Ground and building a new stadium on the outskirts of the city as the Council looks to push up current rent by 400%.
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From
thefsa
The Football Governance Bill will not be passed in this Parliament but the final whistle has definitely not blown. The bill still has cross-party support and we have launched an open letter for FSA member supporter groups – and 170+ supporter groups have co-signed it within 24 hours.
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Former Blackpool Football Club owner Owen Oyston has lost an appeal in his legal wrangle with Blackpool Council over council tax payments which are owed to the authority.
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Fan groups from clubs owned by 777 Partners, who are trying to buy Everton, have issued a joint statement demanding that they leave their teams immediately
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Championship football club Millwall is set to move forward with plans to redevelop the land surrounding The Den.
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A new takeover twist has occurred at Everton after a source revealed "confidential information" about a potential new owner.
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From
footballtoday
Everton shareholders want Farhad Moshiri and the Premier League to end the ‘farce’ of a proposed takeover by 777 Partners. The Toffees have recently secured their survival in the English top-flight but they remain in turmoil off the pitch.
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From
www
Minutes of an FA meeting in 1983 indicate it was "aware of the dangers" of concussion in football, say former players.
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Everton are calling in a firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover by 777 Partners
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