ALL POSTS TAGGED "finances"
Italy
/ 504 days agoBad news for Italy and Serie A: Worst financial loss in 15 years
Recent research has highlighted the alarming financial state of Serie A and Italian soccer in general. Even with foreign investors pouring millions into teams like AC Milan and Roma in recent years, Italian clubs have experienced their greatest total financial loss in fifteen years. AC Milan the model club Under Elliott Management and now RedBird […]
Chelsea
/ 635 days agoChelsea financial results for 2021/22 show $148 million loss
A tumultuous 2021/22 campaign saw Chelsea report a net financial loss of almost $150 million. The biggest factor for this loss comes from the UK government's freeze on former Chelsea owner Roman Abramovich's assets following Russia's war with Ukraine. According to Sky Sports, the UK froze any assets that had connections to Russia President Vladimir […]
Financial Fair Play
/ 685 days agoMan City allegedly broke financial rules more than 100 times
The Premier League has charged Manchester City with breaking the financial rules set in place more than 100 times. The five-year investigation reviewed breaches that occurred over a time span from 2009/10 to 2017/18. According to the Premier League, Manchester City broke the rules in the sense that the club failed to provide the league […]
Leagues: EPL
/ 709 days agoLaLiga president says Premier League 'not financially sustainable'
LaLiga president Javier Tebas has made some interesting comments regarding the Premier League. The Spanish lawyer claimed that the English top flight is "not financially sustainable." Tebas made the comments during a recent conference about economics in European soccer. “What I’m worried about is the Premier League, and I’ve been worried for many years now,” […]