Monday , September 20 2021

Tag Archives: Finance

FC Barcelona president Joan Laporta confirms a debt of €1,350 million!

The president of FC Barcelona Joan Laporta at a press conference on Monday put into context the current financial situation at the Club that faces his Board of Directors. The president concluded that the economic situation is “dramatic” whilst at the same time reminding everyone “we have good news”. “There …

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LaLiga income exceeded €5 billion in 2019/20 season despite COVID-19!

LaLiga has presents its Financial Report for the 2019/20 season, in which the total income of the competition achieved a new historical record – despite the negative effects of the COVID-19 pandemic – and where the robustness and economic solvency of the clubs in LaLiga Santander and LaLiga SmartBank as …

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EFL Disciplinary Commission sanctions Derby County & the impact on fixture list!

An independent Disciplinary Commission has delivered its verdict on sanctions for Derby County relating to ongoing disciplinary proceedings. In May, an Independent League Arbitration Panel ruled that the Disciplinary Commission was wrong to dismiss the League’s expert accountancy evidence, which demonstrated that the Club’s policy regarding the amortisation of player …

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Premier League supporting economy and wider game during pandemic!

The role of the Premier League and club activity in boosting the UK economy during the COVID-19 pandemic has been highlighted by a recent study released in conjunction with EY. The study shows that in Season 2019/20, which was the first of a new three-year broadcast cycle and was heavily …

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DFL awards Bundesliga/Bundesliga 2 licenses for the 2021/22 season!

All 36 applicants that qualify on the basis of sporting performance are receiving a licence to participate in the Bundesliga and Bundesliga 2 for the upcoming 2021–22 season. In the licensing process, financial, sporting, legal, staffing, administrative, infrastructural and media-related criteria were examined in accordance with the licensing regulations of …

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Liverpool FC announce £46m loss before tax for 2019/20 season!

Current English Premier League champions Liverpool FC yesterday filed its consolidated financial accounts for the year to May 31, 2020. Summary of the financial period Pandemic impacts final three months of accounts Media revenue down by £59m to £202m Matchday revenue down by £13m to £71m Commercial revenue up by …

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DFL makes first licensing decisions for the 2021-22 season!

Today, Monday, April 19 DFL Deutsche Fußball Liga made its first decisions in the licensing process for the forthcoming 2021-22 season of the Bundesliga and Bundesliga 2. In the first phase, all of the 49 applicants in total were granted preliminary licence approval. Some clubs will have to meet certain …

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Matches without fans force financial drop for Bundesliga & Bundesliga 2!

The impact of the coronavirus crisis on the 2019-20 season led to a decline in revenue in German professional football. As expected, the effects of the pandemic are reflected in the cumulative economic figures for the Bundesliga and Bundesliga 2, especially because all matches from Matchday 26 onwards were played …

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DFL’s Bundesliga licensing process with examination of economic performance resumes!

After financial criteria were largely left out of the licensing process last year given the countless questions brought about because of the coronavirus pandemic, economic performance will again be examined, both ahead of and during the 2021-22 season. An unanimous resolution to this effect, which also provides for sanctions in …

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