By David Owen
July 1 – One of the more salient details of Leroy Sané’s big money move to Bayern Munich may turn out to be the date on which news of the deal broke: June 30 – the last day of selling club Manchester City’s financial year.
By David Owen
June 30 – FIFA is now budgeting for this year’s revenues to come in at little more than half of its original projections, as a consequence of coronavirus.
June 30 – Staff at the English FA have been left shocked by the announcement of more than 100 job losses due to the “significant impact” of coronavirus.
By David Owen
June 30 – Sports footwear and apparel giant Nike swung heavily into loss in its March-to-May 2020 quarter, reflecting the impact of Covid-19.
By David Owen
June 26 – FIFA will raid its well-stocked reserves to finance a COVID-19 relief plan that will make up to $1.5 billion available to the wider “football community”.
June 26 – FIFA is to release $1.5 billion from its reserves for its Covid-19 relief plan via a number of grants and interest-free loans to national federations who are facing loss of income as a result of the pandemic.
June 25 – The financial effect of the coronavirus pandemic on football has hit revenues and values, not least in the player transfer market, with the overall market value being predicted to drop 20-25%.
June 25 – The English FA have released data on player agent commissions showing that in the period 1 February 2019 to 31 January 2020, agents earned a combined £263 million.
June 24 – A third private equity firm has expressed an interest in bidding for a stake in Serie A, ironically at a time when the league looks on the verge of losing its biggest international rights buyers.
By Andrew Warshaw
June 18 – European clubs mired in financial difficulty caused by the Covid-19 lockdown have been given a temporary reprieve by UEFA from its financial fair play regulations.
By Paul Nicholson
June 18 – The takeover of Newcastle United by a consortium led by the Saudi Arabian Public Investment Fund (PIF) looks in doubt after a senior government minister cast doubt on the legality of the takeover following the WTO ruling that the Saudi’s broke international copyright with their support of the beoutQ pirate broadcaster.
June 16 – A total of 441 applications have been made to FIFA by players for financial aid through a $16 million scheme allowing them to claim wages unpaid by their clubs.
June 16 – Fabled German club FC Kaiserslautern has filed for bankruptcy after a mounting debt and cash-flow crisis. The club have been crowned German champions four times.
June 15 – Serie A has a second offer of private equity investment as the Italian league battles to find cashflow solutions to alleviate the drying up of broadcast and sponsorship revenue die to the coronavirus pandemic.
June 12 – FIFA have given official permission for football leagues across the world to be allowed to open transfer windows before their current seasons are over.