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Serie B: Austrian company G Diamonds ready to become majority shareholder of FC Bologna

A consortium led by G Diamonds, an Austrian company that specialises in the trade of diamonds and precious stones, could become the majority shareholder of FC Bologna 1909 (relegated in Serie B, the second Italian division, in 2014-15), announced the Italian media on 19/08/2014. The consortium has…
Domain(s): Clubs
• Category(ies): Finance, Legal, Social Responsibility
• Article # 24006
• Published on 22/08/14 at 18:03
©  D.R.
Premier League: Vinai Venkatesham to replace Tom Fox as chief commercial officer of Arsenal

Vinai Venkatesham has become the chief commercial officer of Arsenal (Premier League), the club announced on 21/08/2014. This appointment follows the departure of Tom Fox (USA), in office since August 2009, who was appointed chief executive officer of Aston Villa (Premier League) on…
Domain(s): Clubs
• Category(ies): Marketing - Communication, Sponsors - Partners
• Article # 23972
• Published on 22/08/14 at 13:22
©  Valencia CF
Valencia CF: Peter Lim becomes the official owner of the club after agreement with Bankia

Peter Lim, a Singaporean businessman, reached an agreement regarding the debt of Valencia CF (Liga BBVA) with the Spanish bank Bankia and officially became the owner of the club, on 14/08/2014. The two parties agreed on a financial guarantee of €140m.The conditions of the sale of Valencia CF meant…
Domain(s): Clubs
• Category(ies): Authorities, Legal, Social Responsibility
• Article # 23965
• Published on 22/08/14 at 12:53
©  D.R.
Borussia Dortmund announce capital increase of €114.7m, with 71.69% reserved for three partners

Borussia Dortmund (Bundesliga) announced a capital increase through the issuance of 24.55m shares valued at €4.66 each, or €114.7m in total, onto the Frankfurt Stock Exchange (Germany) on 21/08/2014. 17.6m of these shares (or 71.69% of the increased capital) are reserved for three of Dortmund's…
Domain(s): Clubs
• Category(ies): Finance, Marketing - Communication, Sponsors - Partners
• Article # 23957
• Published on 22/08/14 at 11:07
©  ASSE
AS Saint-Etienne: Winamax, online betting operator, cannot appear on club's shirt in Turkey

"ASSE was told late by UEFA (Union of European Football Associations) that they could not wear, Thursday (on 21/08/2014, kick-off at 19:00 CET) for the 2014-15 Europa League play-off first leg against Karabükspor (Turkey), the shirts on which appear the Winamax logo, their main sponsor (French…
Domain(s): Clubs
• Category(ies): Authorities, Legal, Sponsors - Partners, …
• Article # 23938
• Published on 21/08/14 at 17:43
©  D.R.
Premier League: Man City will pay 50% of subscribers' ticket price for fixture against Arsenal

Manchester City agreed to pay half of their subscribers' ticket price for the club's away match against Arsenal on the 4th match-day of the Premier League at the Emirates Stadium (on 13/09/2014), on 18/08/2014. The cost of an adult seat for travelling fans is £64 (approximately €80): Manchester…
Domain(s): Clubs
• Category(ies): Ticketing, Finance, Stadiums, …
• Article # 23870
• Published on 20/08/14 at 15:47
©  Le Havre
Ligue 2: Christophe Maillol acquires 92% stake in Le Havre AC; to be president in September

"The members of the supervisory board of Le Havre AC have voted unanimously to approve Christophe Maillol's proposal", the Ligue 2 club announced on 19/08/2014; Maillol will acquire a 92% stake in the club. "The agreement with the members of the supervisory board will take effect on 01/09/2014.…
Domain(s): Clubs
• Category(ies): Finance, Authorities, Legal, …
• Article # 23846
• Published on 20/08/14 at 12:00
©  D.R.
Borussia Dortmund: Revenues drop 14.5%, net profits down 76.5% in 2013-14

The Borussia Dortmund group (Bundesliga) had revenues of €260.7m in the 2013-14 fiscal year (01/07/2013 - 30/06/2014), down 14.5% compared to the previous year (€305m), the company said at the presentation of its preliminary results on 14/08/2014. Adjusted for transfer gains, revenues were €256.2m…
Domain(s): Clubs
• Category(ies): Agencies, Ticketing, Finance, …
• Article # 23808
• Published on 19/08/14 at 16:22
©  D.R.
Bundesliga: Werder Bremen envisage entry of "local proactive investor"

Klaus-Dieter Fischer, the chair of Werder Bremen (Bundesliga), envisage the club getting a "local proactive investor", he said in an interview with German newspaper Bild on 08/08/2014. "In the long term, we have to face pressure from the competition. We have always had the ambition to do without…
Domain(s): Clubs
• Category(ies): Finance, Legal, Social Responsibility
• Article # 23814
• Published on 19/08/14 at 15:49
©  FC Bayern Munich
Rummenigge wants financial fair play to apply to all professional German clubs

"The RB Leipzig issue and all of these debates could be solved quickly if the financial fair play rules of UEFA (Union of European Football Associations) were requisite for receiving professional licences in Bundesliga. The problem would then solve itself," said Karl-Heinz Rummenigge, the…
Domain(s): Clubs
• Category(ies): Finance, Authorities, Legal, …
• Article # 23699
• Published on 19/08/14 at 11:30