Credit insurance facilitates financing of transfer debts, says Nicolas Blanc of Sport Value

"During a transfer (credit insurance in football) is, for a selling club, coverage for the risk that the buying club can not meet its commitments, concerning the date and/or the amount of payment(s)," stated Nicolas Blanc, a founding partner of Sport Value Credit Management (SVCM), in an interview…

Atlético Madrid: Peter Kenyon becomes advisor for international business development

Peter Kenyon, the former executive director of both Manchester United and Chelsea (Barclays Premier League) joined Atletico Madrid (Liga BBVA) as an advisor in charged with expanding the club’s international presence, stated Spanish media on 16/10/2014. The English businessman has served as…

Premier League: Qjacker app allows Southampton fans to pre-order stadium refreshments

The Qjacker application will now allows fan of Southampton FC (Barclays Premier League) to pre-order catering products at the St. Mary's Stadium (capacity 32,000), announced the club on 16/10/2014. The application is developed by the British IT company Verteda, which specialises in mobile…

UEFA benchmarking report: current economic and financial landscape of clubs and leagues

UEFA (Union of European Football Associations) published the sixth edition of its club licensing benchmarking report of European clubs on 17/04/2014. In addition to financial performance for the 2012 financial year, the document analyses, for the first time since its creation, the financial…

Business Agenda

Dates of upcoming seminars, workshops and professional meetings in the football industry. The schedule can be updated with dates of your events, to be forwarded to: football@newstank.eu

Top 5: progression of transfer spending in the summer market from 2005 to 2014

Serie B: Joseph Tacopina acquires majority stake in Bologna FC, becomes president of the club

Bologna FC (Serie B) has been acquired by an American consortium, led by the American lawyer Joseph Tacopina, who became president of the club on 15/10/2014. The sale amount, when all future payments are considered, is estimated to be around €40m by the Italian media. The agreement also includes a…

Facebook: FC Barcelona, the top club of the European Top 20, exceeds 75 million fans

FC Barcelona (Liga BBVA) exceeded the 75 million fans on Facebook, with more than 76.33 million "like" mentions on 6/10/2014. The world's most followed football club on Facebook recorded 1.55 million additional fans, an increase of 2.7% from early September 2014 The Catalan club remains ahead of…

"The Champions League needs to be enlarged, (it) needs the big clubs" (Erick Thohir)

"The Champions League needs to be enlarged, it's a competition that needs the big clubs," said Erick Thohir, owner of Inter Milan (Serie A TIM ) on 15/10/2014. "Reaching the Champions League for clubs in countries such as Italy, England, France, Spain is very important, it gives them an even…

Ligue 1: Olympique Lyonnais post a net loss of €26.4m in 2013-14

Olympique Lyonnais (Ligue 1) reported a net loss of € 26.4 million during the 2013-14 financial year (from 01/07/2013 to 30/06/2014), announced the OL Groupe, the holding company of the club, on 14/10/2014. This net loss increased by €6.6m (up 36.84%) compared to 2012-13 (€ -19.9m).Olympique…