Sportswear brand Castore raises £50m debt facility to aid expansion
British sportswear brand Castore has secured a £50m (€57.9m/$57.5m) revolving credit facility to enable its continued expansion.
Uefa issues fines totalling €172m to eight clubs for breaching FFP rules
European football’s governing body Uefa has fined eight clubs, including Paris Saint-Germain and a quartet of heavyweight Italian clubs, a total of €172m ($172.3m) for breaching Financial Fair Play (FFP) requirements.
Barcelona strikes late €100m ‘fourth lever’ deal with Roures’ Orpheus Media
Barcelona has announced the sale of a 24.5-per-cent stake in its Barça Studios production division to Orpheus Media, a production entity run by Mediapro co-founder Jaume Roures, for €100m ($102.8m
CAF announces plans for African Super League boasting $100m prize fund
The Confederation of African Football (CAF) has announced plans for an African Super League with a prize fund of $100m (€96.8m) for the competing clubs.
Barcelona sells further Barça Studios stake for €100m amid struggle to meet budget rules
Barcelona has activated a fourth ‘lever’ to meet LaLiga budget rules, selling 24.5 p
Barcelona’s Laporta concedes further assets may be sold to meet LaLiga rules
Barcelona president Joan Laporta has admitted that the Spanish club may have to raise further funds in order to gain league approval to start the new LaLiga season
JD Sports agrees sleeve deal with Southampton, renews with Palace
Sports retailer JD Sports has announced deals with two English Premier League clubs ahead of the 2022-23 season, renewing a long-standing relationship with Crystal Palace and agreeing a one-year shirt…
Premier League appoints Brittain as first female Chair
The English Premier League has announced former government advisor Alison Brittain as its first female Chair after clubs voted unanimously to confirm her appointment
Chelsea’s new owners to finance spending plans with record debt
The new owners of Chelsea FC are planning to take on record levels of debt to finance their plans following the deal to buy the club from government-sanctioned Russian businessman Roman Abramovich
Chelsea appoints industry veteran Glick as commercial chief
Premier League club Chelsea has hired American Tom Glick to oversee its commercial operations following the departure of a string of executives after the takeover of the club by Todd Boehly’s Clearlake C…