Manchester United have taken out a further £90m in loans since 30 June and revealed that their summer spending on new signings reached £191.7m. United signed Andrey Santos from Chelsea on 13 July, Youri Tielemans from Aston Villa the following day, and Carlos Baleba from Brighton on 25 August. The transfer fees announced by the […]
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The club also revealed that £63.5m from an extra $125m (£94.14m) added to its long-standing debt during a summer refinancing operation was used to acquire land for the proposed stadium. It has not disclosed how the remaining money was allocated. Construction of the new venue is expected to cost more than £2bn. Although total debt […]
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Ebbsfleet United say they have cleared their unpaid tax bill, although their National League suspension has been prolonged. Earlier this month, the Kent side had their opening three National League South fixtures postponed due to continuing financial difficulties. In a statement issued on Wednesday afternoon, the National League said its compliance and licensing committee had […]
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The proposal presented to members regarding the sale of the World Cup’s commercial rights says future financial expansion would rely on organizing additional competitions, increasing ticket prices and using debt-based funding. A 25-page presentation called “Fifa Forward Enterprise Member Materials” outlines plans to establish a separate company responsible for Fifa’s commercial activities. Under the proposal, […]
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