Football Finance
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Football Finance
Keeping up to date with the latest news of Football Finance in English clubs since 2013. Follow @JohnBeech on Twitter for the quickest updates.  YOU MAY NEED TO SCROLL DOWN ON THIS PAGE FOR THE MOST RECENT POSTING - the latest news appears directly below the tags initially.  *****  SPORTS MANAGEMENT (including FIFA and football abroad) and EVENTS MANAGEMENT (including FIFA World Cups) news items are also available at http://www.scoop.it/the-business-of-sports-managemen and http://www.scoop.it/t/the-business-of-events-management respectively; for Scottish football finance see https://www.scoop.it/topic/the-business-of-sports-management/?&tag=Scottish+football..  ******
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Torquay United lost more than £1.1m in relegation season

Torquay United lost more than £1.1m in relegation season | Football Finance | Scoop.it
Administration-threatened Torquay United lost almost £100,000 a month last season when they were relegated from the National League
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Portsmouth FC: Accounts for the year ending in June 2023 reveal £3m loss

Portsmouth FC: Accounts for the year ending in June 2023 reveal £3m loss | Football Finance | Scoop.it
Portsmouth's yearly financial accounts reveal a £3m loss for the year ending in June 2023.
John Beech's insight:


More at https://www.portsmouth.co.uk/sport/football/portsmouth-fc/league-one-leaders-portsmouth-post-ps309m-losses-but-remain-debt-free-4571347

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Wrexham financial report reveals football club owed Hollywood stars nearly £9million

Wrexham financial report reveals football club owed Hollywood stars nearly £9million | Football Finance | Scoop.it
The Welsh club returned to the English Football League last April after a 15-year absence
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Newcastle’s Amanda Staveley must pay £3.4m to Greek tycoon after court battle

Newcastle’s Amanda Staveley must pay £3.4m to Greek tycoon after court battle | Football Finance | Scoop.it
Football club’s co-owner plans to appeal against decision in dispute with businessman Victor Restis
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Nottingham Forest points deduction: Loss of four points drops club into relegation zone

Nottingham Forest points deduction: Loss of four points drops club into relegation zone | Football Finance | Scoop.it
Nottingham Forest receive an immediate four-point deduction for breaching Premier League profit and sustainability rules.
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Manchester United clear £120million from club debt following Sir Jim Ratcliffe investment

Manchester United clear £120million from club debt following Sir Jim Ratcliffe investment | Football Finance | Scoop.it
Manchester United’s latest filing to the U.S. Securities and Exchange Commission (SEC) reveals that £120million has been cleared from their revolving credit facility following Sir Jim Ratcliffe’s $300m (£234.2m) cash injection.
When United released their financial results for the second quarter of the financial year on Tuesday, it showed their debt totaling £773.3m, which excludes money owed in transfer fees.
But late on Wednesday night, a more detailed filing to the SEC showed that on February 28, United paid off £120m worth of debt — reducing their overall debt down to £653.3m.
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Premier League clubs fail to agree on funding deal for EFL

Premier League clubs fail to agree on funding deal for EFL | Football Finance | Scoop.it

March 12 – A meeting between English Premier League clubs on Monday ended without an agreement on a new deal for funding clubs lower down the pyramid.
Top-flight clubs were last month warned that failure to reach a funding deal with the English Football League would mean one being imposed on them.
It had been expected the Premier League would emerge from Monday’s meeting with tangible proposals to put forward to the EFL.

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Spurs and Arsenal ticket price hikes - fan groups hit back

Spurs and Arsenal ticket price hikes - fan groups hit back | Football Finance | Scoop.it
Despite being the eighth richest club in world football, Tottenham Hotspur’s hierarchy have decided that the club doesn’t have enough money and the best way to fix that is to put the squeeze on their most long-serving supporters – pensioners with season tickets.
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Everton takeover special report: Untangling 777 finances and alternate interest in club

Everton takeover special report: Untangling 777 finances and alternate interest in club | Football Finance | Scoop.it
Everton takeover special report by Joe Thomas looking into 777, their finances and what could come next
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Liverpool accounts: £9m loss, wage bill up, commercial revenues and debt rise

Liverpool accounts: £9m loss, wage bill up, commercial revenues and debt rise | Football Finance | Scoop.it
A poor season on the field dented income — but club continues to grow commercially
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Coventry City owner King declares 'new era just beginning' after latest accounts published

Coventry City owner King declares 'new era just beginning' after latest accounts published | Football Finance | Scoop.it
DOUG King has declared a new era at Coventry City is 'just beginning' after the club published its latest set of accounts.
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US entrepreneur completes £60m takeover of West Brom

US entrepreneur completes £60m takeover of West Brom | Football Finance | Scoop.it
Deal brings to an end the contentious reign of Guochuan Lai
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Chelsea to offer £5,000 ticket in potential Premier League record

Chelsea to offer £5,000 ticket in potential Premier League record | Football Finance | Scoop.it
Chelsea has set what is thought to be the most expensive ticket price in Premier League history by charging £5,000 for a seat in the “Dugout Club” in the match against Manchester United on April 3.
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Thomas 'comfortable' with Cobblers' financial position despite higher losses and increased debt

Thomas 'comfortable' with Cobblers' financial position despite higher losses and increased debt | Football Finance | Scoop.it
‘We are comfortable with the level of investment especially when matched with the success on the pitch.’
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Everton takeover: 777 Partners make new funding pledge as $200m milestone passed

Everton takeover: 777 Partners make new funding pledge as $200m milestone passed | Football Finance | Scoop.it
777 Partners are still waiting on approval from the Premier League to purchase Everton from Farhad Moshiri
Damon Felder's curator insight, April 9, 11:26 AM

New Leadership on the Horizon?

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PL price rises: Supporter groups hit out

PL price rises: Supporter groups hit out | Football Finance | Scoop.it
The noise around home ticket prices continues to increase as Chelsea Supporters’ Trust (CST) and groups at Manchester City have hit out at their own clubs for bumping up prices and squeezing concessions. 
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Football Governance Bill: Legislation for independent football regulator being introduced

Football Governance Bill: Legislation for independent football regulator being introduced | Football Finance | Scoop.it
The UK government will continue plans for an independent football regulator when the Football Governance Bill is introduced in Parliament on Tuesday.
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Shilen Patel kicks off West Brom tenure with £5m debt repayment

Shilen Patel kicks off West Brom tenure with £5m debt repayment | Football Finance | Scoop.it
New Albion owner Shilen Patel has cleared one of the club's significant debts in one of his first acts at the helm.
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Party exits Reading FC takeover talks after major development

Party exits Reading FC takeover talks after major development | Football Finance | Scoop.it
Chiron Sports Group have walked away from takeover talks after owner Dai Yongge agreed to sell the club's training ground.
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Derby County: Owner David Clowes spent £55m to take Rams out of administration

Derby County: Owner David Clowes spent £55m to take Rams out of administration | Football Finance | Scoop.it
David Clowes spent £55m to take Derby County out of administration in the summer of 2022, the League One club's accounts have revealed.
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Rochdale AFC takeover: Second company announces bid to buy club

Rochdale AFC takeover: Second company announces bid to buy club | Football Finance | Scoop.it
It follows a crunch vote last night
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How buying Gary Neville’s house increased Venky’s Blackburn Rovers problems

How buying Gary Neville’s house increased Venky’s Blackburn Rovers problems | Football Finance | Scoop.it
Blackburn are a club with problems on and off the pitch - with distant owners in India, yet the bills are still paid. What is going on?
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Football club owner hit with fine over shares transfer

Football club owner hit with fine over shares transfer | Football Finance | Scoop.it
Owner failed to declare deal
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Arsenal’s Financial State: Insights on Wages, Ticket Prices, FFP, and Debt

Arsenal’s Financial State: Insights on Wages, Ticket Prices, FFP, and Debt | Football Finance | Scoop.it
Discover insights on Arsenal’s financial state, including wages, ticket prices, FFP, and debt. Despite reporting losses for the fifth year in a row, Arsenal’s revenue has increased by 25%. Find out how improved on-field performance and a focus on commercial income contributed to this growth. Learn about the club’s plans to become financially self-sustaining and the impact of impairment write-downs on their accounts. Explore Arsenal’s wage bill, compliance with financial regulations, and recent season ticket price increases. Gain an understanding of the club’s debt and their plans for future investments. While challenges remain, Arsenal is taking steps toward long-term stability.
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Newcastle United co-owner challenges £36m bankruptcy petition in court

Newcastle United co-owner challenges £36m bankruptcy petition in court | Football Finance | Scoop.it
Amanda Staveley asked the Insolvency and Companies Court to set aside a demand served by Victor Restis in May last year.
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