Milan clubs wants new €1.2bn San Siro. Politicians nervous
July 11 – AC and Inter Milan moved plans for a new stadium forward on Wednesday by disclosing a plan to invest more than €1.2 billion in the project.
Finance
Spurs dig deep to find record €60m for Lyons’ Ndombele
July 3 – Tottenham Hotspur, who reached the Champions League final in June without having signed a single player for 18 months, have smashed their transfer record by purchasing 22-year-old French rising midfield star Tanguy Ndombele for a club record €60 million from Lyon.
Scotland’s Hibernian sold to US-based investor
July 3 – Scottish top-flight club Hibernian are the latest team to be taken over by American investors with the announcement that multi-millionaire businessman Ronald Gordon, whose grandfather emigrated from Scotland in 1908, now in charge.
Man Utd’s deal for Wan-Bissaka will help Eagles’ profits soar again
By David Owen
July 1 – Aaron Wan-Bissaka’s big money move to Manchester United may have come as a disappointment but not a surprise to financially literate Crystal Palace supporters.
AC Milan strike FFP deal with UEFA and drop out of Europa League
June 28 – Italian giants AC Milan will not play in Europe next season. The club and UEFA have struck a deal that will see the Milanese serve a one-year ban from European football for breaching financial fair play rules, CAS confirmed.
Sancho adds €50m to take value to €96m, Mbappe is now worth €225m
June 25 – Market value estimates put England and Dortmund winger Jadon Sancho as the player with the highest increase in value in the world since the last transfer window – up €49.6 million to a transfer value of €95.7 million.
Real Madrid buy their way into Spanish women’s league with CD Tacon takeover
June 25 – Amidst the hype of the Women’s World Cup, Real Madrid have disclosed plans to found a women’s team for the 2019/2020 season. The Spanish giant have reached an agreement with CD Tacon that will see them take the club over.
Olympique Lyonnais buys into basketball with Asvel club
June 25 – OL Groupe, owner of Olympique Lyonnais’ men’s and women’s teams, is expanding into basketball with the acquisition of 25% of Asvel.
Commisso plans Fiorentina stadium upgrade as they head to US for pre-season
June 24 – New Fiorentina owner Rocco Commisso has wasted no time getting his feet under the desk at the Serie A club saying he will refurbish the stadium.
Fan engagement platform Tokabot wins Hype Capital funding
June 21 – Tokabot, a tracker that monitors and collects data on where sports fans are most digitally active, has received seed funding from HYPE Capital
Report finds US Women’s team has out-earned US Men over past 3 seasons
June 18 – The United States women’s national soccer team (USWNT), in dispute with their national federation (USSF) over equal pay and conditions, generated more revenue than the men’s side in the three years after their 2015 FIFA Women’s World Cup win according to analysis of US Soccer’s audited accounts for the past three years.
Mbappe, Salah and Sterling break €200m barrier as Neymar’s value plummets to €124m
June 14 – Strikers top the latest transfer valuations of players in the five leading European leagues with PSG’s Kylian Mbappe now estimated to be worth a staggering €252 million, though his Brazilian teammate Neymar having lost more than 40% of his value dropping to €124.7 million.
Messi, with $127m, tops world sports’ rich list. Ronaldo and Neymar follow
June 12 – Lionel Messi is now officially the world’s highest paid sport star earning $127 million in the past 12 months, according to the Forbes top 100 ranking.
Stevenage equity offering to raise £1.2m launches via Tifosy platform
June 11- English League 2 club Stevenage has turned to sports investment platform Tifosy to raise £1.2 million by offering 12% equity in the club.
Moshiri tightens grip on Everton with new share buy
June 10 – Premier League Everton made another financial readjustment in its shareholding structure with billionaire owner majority owner Farhad Moshiri increasing his ownership from 68.6% to 77.2%.