Tuesday , April 20 2021

Tag Archives: Finance

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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DFL ExCo resolves interdisciplinary advisory board & working group for financial stability!

The Executive Committee of the DFL Deutsche Fußball Liga met this week for the first time to discuss the summary report of the task force “Future of Professional Football”, which was published on February 3. The first action resolved was to create an interdisciplinary advisory board with outside experts to …

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Premier League reveals funding for EFL clubs in 2019/20!

The success of the Premier League both at home and around the world allows it to make a significant contribution to the UK economy and the wider game. Alongside generating £3.3billion in tax annually for the UK government, including £1.1billion from the players alone, the Premier League directs crucial funding …

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DFL informs Members Assembly about process for potential investor involvement in DFL subsidiary!

As announced in October 2020, the DFL Deutsche Fußball Liga on Monday, December 7 informed Bundesliga and Bundesliga 2 clubs of the process regarding potential investor offers in relation to a minority interest in a subsidiary of DFL GmbH. The next step will be for the DFL to begin the …

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DFL ExCo passes resolution on the distribution of media revenue from 2021 to 2025!

The Executive Committee of the DFL Deutsche Fußball Liga has passed a resolution on the distribution of media revenue for the 2021-22 to 2024-25 seasons. After intensive discussions over seven working sessions and, despite some differences of opinion in certain areas, a solution was found that was adopted with no …

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Squad spending limits LaLiga 2020/21!

The squad spending limits allocated to the clubs and public limited sports companies (SADs) for the 2020/21 season has been announced. This squad spending limit denotes the maximum amount that each club/SAD can spend during the course of the 2020/21 season following the winter transfer market, including spending on the …

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Indian Sports Ministry announces new incentive structure to fund 500 private academies!

In a first-ever move, the Sports Ministry has introduced a incentivisation structure to extend monetary support to 500 private academies, through the Khelo India Scheme over the next four years starting in the Financial Year 2020-21. In this model, private academies shall be graded into different categories based on quality …

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UEFA supporting national associations with finance guidance!

At a time when member associations’ finances are facing more challenges and adjustments than ever, UEFA has staged an Executive Finance Essentials course, as well as holding meetings for national association finance directors across Europe. Through the UEFA Grow business development programme, European football’s governing body has worked closely with …

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