Tag Archives: Finance

CFCB concludes the monitoring of overdue payables for the 2023/24 season!

Thirteen clubs have been imposed disciplinary measures due to the existence of overdue payables to other football clubs, employees and/or social/tax authorities. The UEFA Club Financial Control Body (CFCB) has finalised its assessment of the “no overdue payables” requirements as defined in the UEFA Club Licensing and Financial Sustainability Regulations. …

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Professional football foundations discuss AI, responsible financing & sustainability!

FUNDACIÓN LALIGA and the Real Betis Balompié Foundation have jointly organised the 16th Summit for the Foundations of Professional Football Clubs in Seville, where almost all the LALIGA club foundations came together to discuss various topics of great interest within the scope of foundations, particularly in terms of social, sustainable …

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LALIGA’s Total Recurring Income grow by 15%, close to €5.0 bn!

LALIGA recorded Total Recurring Income of €4,889.6M in S22/23 according to the annual Financial Report presented on Monday, April 15 (+15% vs. S21/22), confirming the sustainable growth that LALIGA Clubs have been experiencing in recent years. This figure is underpinned by record commercial revenues (+28.6%) due to improvements in commercial …

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Leicester City reacts to latest in PSR violations!

English Football League side Leicester City FC have today released the following statement on the latest developments on the PSR case. Leicester City FC notes the publication today of the decision of the League Arbitration Panel (LAP). As the LAP decision records, the EFL wrote to the Premier League on …

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EFL cannot punish Leicester City’s PSR violations while in Premier League!

On March 22, 2024 Leicester City Football Club announced they had commenced urgent legal proceedings against the EFL and the Premier League. This followed the Club’s referral to an independent Premier League Disciplinary Commission for an alleged breach of the Profitability and Sustainability Rules (P&S), ending in financial year 2022/23. …

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Independent Commission gives immediate two-point deduction to Everton FC!

An independent Commission has given an immediate two-point deduction to Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs) for the period ending Season 2022/23. Over a three-day hearing last month, the independent Commission heard evidence and arguments from the club in respect of a …

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Nottingham Forest appeals Premier League points deduction!

Nottingham Forest has appealed to the Premier League about the points deduction by an Independent Commission! Nottingham Forest can confirm that it has today lodged an appeal against the four point sanction imposed by the Commission in relation to the Club’s breach of the Premier League’s Profit & Sustainability Rules …

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Leicester City issue two urgent legal proceedings against Premier League & EFL!

Former EPL champions Leicester City have issued two urgent legal proceedings against the Premier League and the English Football League. The Leicester City statement LCFC has been compelled today to issue two urgent legal proceedings against the Premier League and the EFL. LCFC will be seeking that each of these …

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Leicester City reacts to Premier League actions!

Former EPL champions Leicester City FC have reacted to the actions of the Premier League on calling an independent Commission. The Leicester City statement Leicester City is surprised at the actions the Premier League has taken today. The Club is extremely disappointed that the Premier League has chosen to charge …

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Premier League refers Leicester City to an independent Commission!

The Premier League has today referred Leicester City FC to an independent Commission for an alleged breach of Profitability and Sustainability Rules (PSRs) and for failing to submit their audited financial accounts to the League. The alleged breach relates to the assessment period ending Season 2022/23, when the club was …

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