A £2.5 billion takeover. £1.5 billion in transfer spending. The largest single-season loss in Premier League history. And a private equity thesis that is now being stress-tested in real time. When Clearlake Capital and Todd Boehly bought Chelsea for £2.5…
A small Singapore pilot. A telco partnership. And a potential rewiring of the £6.78 billion revenue engine that sits at the top of world football. On 26 February 2026, at the FT Business of Football Summit in London, Richard Masters…
Juventus just reported a €2.5 million loss. The number looks small. The story behind it isn’t. On the surface, it looks almost manageable. A €2.5 million half-year loss, an €11.1 million operating profit, a wage bill that’s actually been trimmed.…
The Textor era at Olympique Lyonnais is over. But the financial wreckage it leaves behind is just getting started. When John Textor walked into the Groupama Stadium in December 2022 as Lyon’s new owner, he did so with an €884…
In the boardroom of a modern football club, the « January Transfer Window » is rarely discussed as a period for squad building. Instead, it is treated as a high-frequency trading desk where the assets are human, the prices are inflated, and…
In the high-stakes world of sports broadcasting, « reach » and « revenue » are often at odds. For the last three years, Major League Soccer (MLS) and Apple operated on a « premium-first » philosophy, locking every match behind a standalone MLS Season Pass paywall.…
The giants of the Ruhr are no longer fighting for the Meisterschale; they are fighting the compounding interest of a €147.9 million debt pile that threatens their very foundation. Schalke 04, a club with a massive 190,000-member base and world-class…
For 123 years, Real Madrid has been the property of its people. No sheikhs, no venture capitalists, no oligarchs—just 98,000 socios holding the keys to the biggest football club on earth. But if the latest murmurs from the Santiago Bernabéu…
In the traditional world of football finance, players make money, and agents or clubs manage the rights. But the modern footballer is evolving into a corporation. The latest evidence? A reported €15.5 million deal that sees Neymar’s family business acquire…
Spanish football has entered a new era — one written in the language of private equity. Apollo Global Management has reached an agreement to acquire a 55% controlling stake in Club Atlético de Madrid, valuing the club at approximately €2.5…