Thursday , April 25 2024

Tag Archives: Finance

Everton FC reacts to Premier League allegations of alleged financial breaches!

Everton FC have reacted to the Premier League allegations of alleged financial breaches by the Merseyside club. The Everton FC statement reads… Everton Football Club is disappointed to hear of the Premier League’s decision to refer an allegation of a breach of Profit & Sustainability regulations to an independent commission …

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Premier League refer Everton FC for alleged financial breaches!

In accordance with Premier League Rule W.82.1, the Premier League confirms that it yesterday, March 24 referred an alleged breach of the League’s Profitability and Sustainability Rules by Everton Football Club to a Commission under Premier League Rule W.3.4. The assessment period for which it is alleged that the Club …

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FIFA Council highlights record‑breaking revenue in football!

The FIFA Council has approved the Annual Report 2022, which highlights FIFA’s record-breaking revenue of USD 7.6 billion during the 2019-2022 cycle and the USD 11 billion that is expected to be earned during the 2023-2026 period. “FIFA’s unprecedented investment in football is the result of our solid financial transparency …

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Clubs receive first-ever financial distribution from UEFA Women’s EURO 2022!

A total of 221 clubs from 17 national associations profit from the new club benefits programme paid to sides whose players appeared in the tournament. Although the final whistle at UEFA Women’s EURO 2022 was in July at a sold-out Wembley Stadium, the legacy and impact of the tournament continues. …

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FIFA distributes more than USD 200m to clubs across the world!

As part of its commitment to recognise the contribution that football clubs make to the successful staging of the FIFA World Cup, today FIFA started the application process for its Club Benefits Programme that will see USD 209 million distributed to clubs across the world. This initiative already saw 416 …

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French banking supervisory authority grants licence to FIFA Clearing House!

On Friday, September 23, the French Prudential Supervision and Resolution Authority (Autorité de contrôle prudentiel et de résolution, ACPR) granted the FIFA Clearing House (FCH) a licence to operate as a payment institution. The authorisation from the ACPR enables the FCH to collect and process payments on behalf of clubs, …

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EFL very concerned about the future of Derby County!

The EFL has today informed the Administrators at Derby County that following the failure of Mr Chris Kirchner to conclude a sale of the Club, it is changing the terms of the suspended Notice of Withdrawal issued when the Club entered into administration in September 2021. The League is increasingly …

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EFL concerned about the future of Derby County!

The EFL notes the statement issued today by Quantuma (Derby County Administrators) but remains deeply concerned at the lack of any form of substantial progress in respect of the outstanding matters affecting the Club. Despite requesting an update almost 48 hours ago, there has been no communication from the Administrators …

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Premier League’s global support boosting UK appeal!

The Premier League’s popularity with fans around the world has been highlighted by the latest EY report into the economic and social impact of the competition, which says the competition is “a valuable asset to the brand of the UK”. Part of that, according to the report, is thanks to …

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