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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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 owner received £400m from Alisher Usmanov companies, documents suggest

Everton owner received £400m from Alisher Usmanov companies, documents suggest | Football Finance | Scoop.it
Exclusive: Questions mount over ties between Farhad Moshiri and tycoon, before he was put under sanctions
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Arsenal cancels memberships in ticket touting crackdown

Arsenal cancels memberships in ticket touting crackdown | Football Finance | Scoop.it
Premier League football club Arsenal has cancelled almost 2,000 memberships for touting offences this season. 
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Ek to launch Arsenal takeover bid with support of legends

Ek to launch Arsenal takeover bid with support of legends | Football Finance | Scoop.it
Swedish billionaire Daniel Ek is said to be preparing a takeover bid for Arsenal with the support of three former players.
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Man Utd have had LEAST investment from Glazers out of all 20 PL clubs' owners since 2015 with Arsenal also suffering

The Old Trafford side are constantly top, or at least near the top, of world football’s rich list.

But things appear to be taking a turn for the worse, with a worrying trend emerging since the start of the 2014-15 season.

In the span between 2014 and the end of the 2018-19 season, Man Utd have had the least amount of investment from the Glazers of any other club in the top-flight...

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Arsenal fall £23.5m into red after bumper 2017-18 transfer profits not repeated

Arsenal fall £23.5m into red after bumper 2017-18 transfer profits not repeated | Football Finance | Scoop.it

By David Owen
December 8 – Struggling Arsenal have slumped into the red after the bumper profits on player sales that substantially boosted the bottom line in 2017-18 were not replicated in the most recent season.
Arsenal Football Club plc posted a pre-tax loss of £23.5 million for the year to end-May 2019, an enormous negative swing when compared with the huge £97.4 million pre-tax profit recorded the previous year.…

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Vinai Venkatesham appointed Arsenal managing director

Vinai Venkatesham appointed Arsenal managing director | Football Finance | Scoop.it
Vinai Venkatesham has been elevated to a co-leadership role at Arsenal Football club after being appointed as the managing director of the North London club. Arsenal announced on Tuesday (18) that chief executive Ivan Gazidis will step down next month after nine years in charge. Venkatesham, who has been the club’s chief commercial officer since …
Aidan Gulla's curator insight, September 19, 2018 4:53 PM
R- The source does not really have a great reputation, it publishes miscellaneous information over a variety of topics, including useless ones.
A- It is hard to tell whether the source is in an ability to see because it is a relatively unknown company. Its credibility should be questioned before taken as fact
V- As far as I can tell, this source has no vested interest.
E- The situation definitely demands the expertise in this area which is definitely in doubt with this source.
N- The source seems to have a neutral viewpoint and is not predisposed to support the left or right side.
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Arsenal's Stan Kroenke makes offer to buy whole of London club

Arsenal's Stan Kroenke makes offer to buy whole of London club | Football Finance | Scoop.it
Arsenal's majority shareholder, Stan Kroenke, makes an offer to buy the whole of the club in a deal that would value the Gunners at £1.8bn.
John Beech's insight:


For AST response to Kroenke plans to take Arsenal private see https://www.arsenaltrust.org/news/2017/ast-response-to-kroenke-plans-to-take-arsenal-private 

 

See also http://www.insideworldfootball.com/2018/08/07/kroenkes-600m-outguns-usmanov-take-control-arsenal/ noting that the headline is premature.

Jack Kalis's comment, August 7, 2018 8:45 AM
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Arsenal Post Profit Despite Falls In Football Revenues 

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Arsenal and Everton stakeholders' close ties laid bare in leaked files

Arsenal and Everton stakeholders' close ties laid bare in leaked files | Football Finance | Scoop.it
Links between Alisher Usmanov and Farhad Moshiri prompt calls for broadening of Premier League ‘dual ownership’ rules
John Beech's insight:

 
More at http://www.bbc.co.uk/news/uk-41878954

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Arsenal announce full year financial results – appear to have lots of cash

Arsenal announce full year financial results – appear to have lots of cash | Football Finance | Scoop.it
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Arsenal takeover: Alisher Usmanov to make improved £2bn bid to tempt Stan Kroenke

Arsenal takeover: Alisher Usmanov to make improved £2bn bid to tempt Stan Kroenke | Football Finance | Scoop.it
ARSENAL shareholder Alisher Usmanov is reportedly preparing a second bid worth around £2billion to seize control of the club.
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Arsenal to donate £50,000 to Sutton United following FA Cup fifth-round win at Gander Green Lane

Arsenal to donate £50,000 to Sutton United following FA Cup fifth-round win at Gander Green Lane | Football Finance | Scoop.it


Arsenal will donate £50,000 to Sutton United for new changing rooms and classrooms.

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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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Arsenal confirms plans to renovate Emirates Stadium

Arsenal confirms plans to renovate Emirates Stadium | Football Finance | Scoop.it
Premier League football club Arsenal has confirmed plans to renovate Emirates Stadium, with a major refurbishment of the venue’
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Buy-to-loan? Arsenal top ranking of clubs with most players out on loan

Buy-to-loan? Arsenal top ranking of clubs with most players out on loan | Football Finance | Scoop.it
March 21 – Almost 10% of players in clubs across 75 leagues worldwide are on loan. Arsenal top the ranking of those clubs with most players on loan – 25.
While Arsenal top the ranking of clubs with most players on loan, four other Premier League clubs – Brighton, Manchester City, Chelsea and Wolves – join them in the top 10.
Italy’s Serie A (19.0%) and Serie B (22.8%) head the leagues with the most loan players. Read more …
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Arsenal losses hit £54m as broadcast income plunges

Arsenal losses hit £54m as broadcast income plunges | Football Finance | Scoop.it

By David Owen
March 6 – Arsenal, still stuck in mid-table in spite of recent promising signs, have become the fifth Premier League club so far to report pre-tax losses of more than £50 million for the covid-disrupted 2019-20 season.
The North London side posted a loss of £54 million for the year to end-May 2020, up from a loss of £32.2 million a year earlier. This was in spite of a near five-fold increase to £60 million in profits on player disposals.

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Arsenal Supporters' Trust demand clarity over new loan

Arsenal Supporters' Trust demand clarity over new loan | Football Finance | Scoop.it
The Arsenal Supporters' Trust (AST) want the board to provide more information after owners Kroenke Sports & Entertainment (KSE) provided a loan to pay
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Stan Kroenke completes Arsenal takeover as NEX Exchange issues compulsory purchase statement 

Stan Kroenke completes Arsenal takeover as NEX Exchange issues compulsory purchase statement  | Football Finance | Scoop.it

Arsenal news includes the latest on Stan Kroenke's full takeover at Emirates Stadium

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Usmanov confirms Arsenal share sale at £29k per share – a £550m cash-out

Usmanov confirms Arsenal share sale at £29k per share – a £550m cash-out | Football Finance | Scoop.it
August 8 – Arsenal’s second biggest shareholder Alisher Usmanov has confirmed that he is selling out to Stan Kroenke allowing the American mogul to take full control of the club.
Usmanov has accepted a bid to buy him out for £550 million (30% of the club’s shares) so that he can persue other opportunities after being unable to purchase Arsenal himself. Despite his shareholding, Usmanov is not part of the board or the decision-making at Arsenal. Read more …
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Russian billionaire Alisher Usmanov explores sale of his 30% Arsenal stake

Russian billionaire Alisher Usmanov explores sale of his 30% Arsenal stake | Football Finance | Scoop.it
Russian tycoon Alisher Usmanov is exploring a sale of his 30 per cent stake in English football club Arsenal, the Financial Times reported on Tuesday.
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Arsenal Lands Five Year Emirates Partnership Extension   

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Stan Kroenke makes £525m offer to buy Alisher Usmanov’s Arsenal shares

Stan Kroenke makes £525m offer to buy Alisher Usmanov’s Arsenal shares | Football Finance | Scoop.it
Arsenal’s majority shareholder, Stan Kroenke, has bid almost £525m to buy out Alisher Usmanov, who has tried several times to wrest control of the club
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Wenger to spend £100m as he targets PL. Usmanov promises cash as he wrestles for control

June 1 – It has been very much a reign of two halves but after signing a new two-year deal, Arsenal manager Arsene Wenger, the longest serving manager in English top-flight football, is targeting next season’s Premier League title.
“I love this club and I am looking forward to the future with optimism and excitement,” said Wenger, who had to endure persistent fan protests during last season, after his future was finally announced following months of speculation. Read more …
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Arsenal announce pre-tax profit of £12.6m despite record transfer spend

Arsenal announce pre-tax profit of £12.6m despite record transfer spend | Football Finance | Scoop.it
Arsenal have announced a pre-tax profit of £12.6million despite spending a record amount on players. The club’s latest accounts for the six-month period ending 30 November 2016 underline the impact of the Premier League’s new £8billion TV deal with 45 per cent of the Gunners’ football revenue coming from broadcasting.
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