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European Leagues

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Bayern pay off stadium debt

Further evidence of how well run Bayern Munich is as a club comes with the news that they have paid off the debt on their Allianz Arena stadium.   The debt of £346m was taken out in 2005 and was supposed to be paid off over 25 years rather than just nine.

All this has been achieved alongside success on the pitch.   However, as always, a note of caution is needed about the 'German model'.   It doesn't always translate easily elsewhere.

Spanish court strikes blow at financial fair play

We have argued for some time that financial fair play (FFP) rules at the European and domestic level are open to legal challenge.   In an order of November 17th the Spanish Commercial Court has struck a blow at the rules of La Liga on FFP.

La Liga had penalised Getafe by preventing them from playing Pedro León.   They argued that by doing so it would have exceeded the total amount of money it could pay to players under the Spanish FFP rules. The Court was asked for an interim measure to allow him to play.

Bundesliga tops attendance table

The Bundesliga has the highest average attendances in football at 42,609 and is only beaten in professional sport by the NFL in America.   The Premier League comes 2nd in average attendances at 36,695, but has a higher aggregate attendance at just under 14 million.  The discrepancy is explained by the fact that it plays 74 more games.

Russian football hit by crisis

Russian football is being hit hard by the crisis in Ukraine and the depreciation of the rouble.   The fall in the world oil price and associated gas prices is also a concern as the economy is highly reliant on these revenues.

Bayern aim to be world's richest club

Bayern Munich aim to be the world's richest club and their latest financial results show that they are well on the way there.  On a turnover of £417m they recorded a prodit of £13m.   20 per cent of their revenue came from merchandise sales.

Unlike rivals Manchester United and Real Madrid, they are free of debt.

Uefa urged not to penalise wealthy benefactors

Uefa have been urged by Manchester City not to penalise wealthy benefactors under their financial fair play (FFP) rules.   The meeting with Uefa president Michel Platini was also attended by Paris Saint Germain who, along with City, have received the heaviest penalties so far under the FFP rules.

Uefa may target United and Real debt

Uefa is considering changes in its financial fair play regulations which would target the amount of debt accumulated by clubs.   This would hit Manchester United and Real Madrid in particular.

Celtic and Arsenal at top of financial strength league

Celtic and Arsenal hold top positions in a new football financial strength league of 44 European clubs devised by S&P Capital IQ.  While Celtic top the league, Glasgow rivals Rangers are bottom and are held up as an example of how things can go wrong on and off the pitch.

Can Indonesian tycoon turn Inter around?

Inter Milan has had a difficult patch since winning the Champions League in 2010.  It has finished no higher than fifth in Serie A in the past three years and has fallen to 15th in the latest Football Money League from Deloitte.

Indonesian tycoon Erick Thohir now owns 70 per cent of the club (with business partner Handy Soetedjo) and is aiming to make it one of the top ten revenue earning clubs again and a contender in the Champions League.

Liverpool may face FFP sanctions

Liverpool may pay a penalty for their return to the Champions League in the form of financial fair play sanctions.   They are expecting £7m in prize money next month, but the payment would be withheld if they are referred to Uefa's Club Financial Control Body.