London Edition Thursday 5 November 2026
Football Economy The Business of the Beautiful Game
THE DESK
BVB.DE 3.03 +0.83% JUVE.MI 2.16 +2.18% SSL.MI 1.69 +0.6% AJAX.AS 8.44 +0.71% CCP.L 248.00 +0% MANU 23.53 +3.02% SLBEN.LS 6.96 +2.79% FCP.LS 3.00 +0% SCP.LS 0.96 +0% FENER.IS 2.41 -22.01% Club Overviews - EFL Championship 2024/25 The Swiss Ramble Uefa faces political flashpoint over Sevastopol’s ascent in Russian football The Guardian Thursday briefing: Former FIFA governance chief says Infantino ineligible for fourth term Off The Pitch Valverde stunner earns Real Madrid late win at AEK Athens BBC Sport Muriqi caps Fenerbahce comeback to make Liverpool pay for defensive lapses The Guardian Billions in revenue proves Fifa right on the World Cup – but only on things it cares about The Guardian An island in mourning: Tenerife processes death of De Miguel BBC Sport How landmark Everton compensation prevented Burnley record loss BBC Sport Hearts record £2.4m loss in Bloom's first year BBC Sport Cadillac's Herta handed Brazil practice outing to secure F1 super licence Sky Sports What are rules on loan players in Champions League? BBC Sport Leicestershire's relegation confirmed as points deduction for 'poor' pitch stands Sky Sports
Governance & Regulation

MLS Odds Look Different at Canadian Sportsbooks

Three Canadian clubs, ten provincial betting regimes: why the same MLS fixture carries a different price on either side of a provincial line.

Three MLS clubs play their home matches in Canada, but the odds on those matches are set inside a betting market that fractures at every provincial border. A Toronto FC fixture can carry materially different prices on either side of the Ottawa River, for reasons that are regulatory rather than sporting.

One League, Ten Betting Markets Single-event wagering became legal across Canada in August 2021, when Bill C-218 stripped the parlay-only restriction out of the Criminal Code. What followed was not a national market but a provincial one. Ontario opened to commercial competition in April 2022 and now licenses several dozen…

The Game and the Market

Analysis & Commentary

Data Desk

Listed Club Equity

Borussia DortmundXETRA: BVB.DE
3.03+0.83%
Juventus FCBorsa Italiana: JUVE.MI
2.16+2.18%
SS LazioBorsa Italiana: SSL.MI
1.69+0.6%
AFC AjaxEuronext Amsterdam: AJAX.AS
8.44+0.71%
CelticLSE / AIM: CCP.L
248.00+0%
Manchester UnitedNYSE: MANU
23.53+3.02%

Full Share Board →

Datasets

Football Match Attendances

All Data →

The Desk
Eleanor Whitfield

Eleanor Whitfield is a chartered accountant who spent a decade auditing professional sports clubs…

Tomasz Zieliński

Tomasz Zieliński covers the business of European football, from Bundesliga ownership rules to the…

Ruth Calderwood

Ruth Calderwood writes about broadcasting deals, sponsorship and the commercial machinery of football. She…

The Club Finance Database

Full Index →
Club EntityRevenueListingStadiumPrimary Ownership
Real Madrid €1,045.5m (FY23/24) Private Santiago Bernabéu Member-owned (socios); Florentino Pérez president
Manchester City €837.8m (FY23/24) Private Etihad Stadium City Football Group — Abu Dhabi…
Manchester United €770.6m (FY23/24) MANU Old Trafford Glazer family; Sir Jim Ratcliffe /…
Bayern München €765.4m (FY23/24) Private Allianz Arena FC Bayern München e.V. (75%); Adidas,…
FC Barcelona €760.3m (FY23/24) Private Spotify Camp Nou Member-owned (socios); Joan Laporta president
Arsenal €716.5m (FY23/24) Private Emirates Stadium Kroenke Sports & Entertainment (100%)
Liverpool €714.7m (FY23/24) Private Anfield Fenway Sports Group; Dynasty Equity minority
Tottenham Hotspur €615.0m (FY23/24) Private Tottenham Hotspur Stadium ENIC Group (Lewis family trusts); Joe…

FY2023/24 revenue — € figures per Deloitte Football Money League 2025 or club accounts; ≈ converted from sterling.