An independent Commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs). The Premier League issued a complaint against the Club and referred the case to an independent Commission earlier this year. During the proceedings, the …
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The Confédération Africaine de Football (CAF) recently concluded a successful Governance and Finance Workshop with General Secretaries and Finance Directors of the COSAFA Zonal Union in Johannesburg, South Africa. The three-day workshop which took place between November 2-4 saw the governing body of African football – led by its Member …
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Hertha BSC GmbH & Co. KGaA were informed by Nordic Trustee & Agency AB on Monday, June 19 about the successful extension of their bond in the amount of €40 million, which will now run until November 2025. As a result, the interest rate will increase to 10.5% from August …
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The Financial Governance Workshop for Oceanian MAs kicked was successfully delivered in Noumea, New Caledonia, led by Christoph Suppiger, Head of MA Finance Services, and MA Finance Services Manager, Leonard Gruter. They were aptly supported by Elena Galluccio of Control Risk, who is one of the external audit firms engaged …
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Hertha BSC GmbH & Co. KGaA initiated proceedings on Monday, May 22 to extend maturity date of the €40 million bond issued in November 2018. Under the new proposed terms, the bond would be extended by 24 months until 8th November 2025. This would be accompanied by a 2% increase …
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UEFA, in partnership with the Royal Belgian Football Association (RBFA), hosted the first-ever Grow Conference on Finance and HR Management. There is no way to ensure a competitive, prosperous, and trusted European football ecosystem without sound financial management and talented and engaged people working on its development. This is why …
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The global consultancy group Brand Finance has once again published its annual report calculating the value and Brand Strength Index of leading companies and organisations, awarding a maximum score of 100. LaLiga has not only maintained its position in 2023 as one of the 50 most valuable organisations in the …
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LaLiga has presented the annual Economic Report for the 2021-22 season, in which Spanish professional football practically recovered to pre-pandemic figures in terms of revenue, with Spanish clubs recording the lowest aggregate losses among 5 major leagues, showing the success and robustness of a model based on financial sustainability. Total …
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DFL Deutsche Fußball Liga welcomes today’s resolutions by the UEFA Club Licensing Committee on the continued strengthening of the UEFA Club Licensing and Financial Sustainability Regulations as well as the establishment of a working group, which will discuss further cost controls. Among the members of the UEFA Club Licensing Committee …
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The total revenue of German professional football has increased for the first time since the outbreak of the coronavirus crisis – but still remained well below the record levels of the pre-pandemic period in the 2021-22 season. In total, the 36 clubs in the Bundesliga and Bundesliga 2 generated €4.48 …
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Arunava about Football A look at football & the world through my eyes!