FORBES has just issued its wealthiest football club list, a tale of higher valuations but falling revenues across the industry. It is quite astonishing that against a backdrop of financial crisis caused by the covid pandemic, football’s top clubs have seen their valuations rise by an average of 30% over a two year period. The […]
ARSENAL, once the standard bearers for conservatism and prudence in football, posted their second successive annual loss in 2019-20, but there could be worse to follow. Covid-19 aside – the club revealed £ 35 million of losses were attributable to the pandemic – Arsenal’s absence from the UEFA Champions League is costing the club financially […]
WITH no sign of a resumption of football as a spectator sport, Europe’s top clubs could be € 2 billion out of pocket by the end of the current season. That was the view of Deloitte as they unveiled their latest Football Money League for 2021 this week. There’s few surprises in terms of the listing, […]
FOOTBALL club accounts for the 2019-20 season have become a cause for concern, the big losses incurred in a partially compromised season indicating that unless normal service is resumed, 2020-21 will be a complete financial disaster. With no sign of a major change occurring before the middle of 2021, football has to come to terms […]
AT first glance, Real Madrid’s 2019-20 financials do not appear to be too troublesome, but with a major redevelopment plan for the Bernabéu Stadium in progress and a higher level of net debt, a 6% drop in revenues to € 715 million is arguably the start of the club’s near-term challenges. With expenses at a […]
BAYERN Munich recently revealed a drop of around € 50 million in revenues in 2019-20 due to the covid-19 pandemic, but the Bavarians’ financial statements make reasonable reading at this stage of the crisis. Bayern made a net profit of € 9.6 million versus € 52.5 million in 2018-19. While matchday income would have been decimated […]
EVERTON recovered some of their early season swagger in beating highly-fancied Chelsea at Goodison Park, but their fans will remain concerned about the current financial position of the club. On the eve of their game against the Londoners, Everton revealed they made a loss of £ 139.8 million in 2019-20, their second successive annual deficit of […]
WITH Spain’s big two struggling to live up to their illustrious names, Real Sociedad and Atlético Madrid have emerged as title contenders in the early months of 2020-21. While Sociedad have been boosted by the arrival of David Silva, Diego Simeone’s side are going through something of a reinvention and their new look is winning […]
RANGERS are enjoying a tremendous start to the 2020-21 season, opening up an 11-point lead at the top of the Scottish Premiership and pushing well ahead of old-firm rivals Celtic. They have won 13 of their 15 league games and have yielded just three goals, keeping eight clean sheets in a row at Ibrox Park. […]
