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Wimbledon have chance to create new fan control model

The supporters who own AFC Wimbledon will vote over the next four weeks on whether to accept an £87million ($116m) investment in the League One club from a consortium led by former Southampton and England full-back Ryan Bertrand. In a complicated deal, Sloane Street Capital (SSC), a newly set-up investment vehicle, would pay £16m for approximately 34 per cent of the club’s shares this season but then invest a further £71m over the next five years, at which point SSC would own 90 per cent of the club’s economic value. However, under a shareholders’ agreement, the club’s current owner — the 6,265-strong Dons Trust — will always retain at least 50.01 per cent of the voting rights, giving the trust veto control over the club and its stadium’s freehold. Bertrand, who played for nine different clubs during a 17-year career including Chelsea, Southampton and Leicester City, is SSC’s senior football advisor and would hold the same role for Wimbledon, with two of SSC’s minority shareholde...
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Villa's stadium ambitions

Aston Villa today celebrated a 2-1 win over Manchester City despite playing in a three sided ground. The North Stand, behind one of the goals and opposite the famous Holte End, is closed for the 2026-27 season as part of Villa Park’s redevelopment.   Once functional, it should house more than 12,000 spectators. Incremental additions to the ground’s three other sides will lead to the targeted capacity and, longer-term, to a 52,500-seat venue. Having secured Champions League qualification at the end of 2023-24, the football department were keen to avoid playing home matches in a three-stand stadium. There was a desire for Villa Park to remain atmospheric and intimidating for opponents, as well as not be an eyesore. Club sources estimate shutting the stand this season costs about £6million. Villa decided it was better to bite the bullet and get the work done in one season rather than two, as the estimated increased income from the revamped stand exceeds the agreed fixed interest r...

Valencia attracts a big valuation

Valencia won both the Spanish league and the Uefa Cup in 2004, an achievement that propelled the team’s then head coach Rafa Benítez all the way to Liverpool.  But glory has eluded the club ever since, with form dropping off sharply in the past decade under the ownership of Singaporean palm-oil billionaire Peter Lim. Now, perhaps, a new chapter is opening. On Friday, the club announced that a consortium of US investors, including the family offices of KKR co-founders George Roberts and Henry Kravis, had agreed to buy a 42 per cent stake valuing Valencia at €1.25bn. The group, which also includes the owners of the Denver Broncos NFL franchise, will inject €100mn of working capital too, helping the team buy players and improve the training ground. Despite previous success, Valencia are well past being at European football’s top table. The team sits 19th in La Liga at the moment, while the club generated annual revenue of just €103.7mn in its most recent accounts. Brentford, 30th ...

New bonanza for sports lawyers as Real threaten to sue PL clubs

Real Madrid want the six Premier League clubs that signed up to the European Super League (ESL) to pay a share of the initial costs of the abandoned project. Multiple sources with a close understanding of the situation told The New York Times that the Spanish club believe Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur should still be liable for the setup costs of the plan, despite subsequently pulling out. One source said these costs could be as high as €80 million (£67.3m; $89.9m) in total. Madrid, alongside domestic rivals Barcelona and Juventus of Italy, have so far shared promotional costs associated with the ESL, plans for which were announced in April 2021. Of the 12 founding ESL members, nine — each of the six English clubs, along with Spanish side Atletico Madrid and both Milan and Inter of Serie A — pulled out swiftly in the days following its launch. Another, Juventus, said in 2023 that they had withdrawn from the proposal, before ...

Porto decide to splash the cash

From his Zurich eyrie, the authoritative Swiss Ramble turns his attention this week to Porto who have changed their strategy.  Here is a summary of his main conclusions, much more on his Substack page. Porto have started the season in great form, at least domestically, where they have won their first eight games in the league, though results have not been so impressive in the Champions League, as they have lost both games to date. There has been a marked change in strategy, as the club chose to spend heavily on strengthening the squad and retain some of its talent, as opposed to its usual approach of selling players to balance the books. The “significant investment made to restore sporting competitiveness” clearly paid dividends in the league, but it was also reflected in Porto’s financials, as they swung from the club record pre-tax €45.0m profit to a €20.3m loss, a significant year-on-year deterioration of €65.3m.   Porto’s €20.3m pre-tax loss was actually the worst in...

Sunderland's financial boost

Sunderland could get a big financial boost from the Europa League, although there is always the rsik of their domestic performances being affected by the additional demands:  https://www.sunderlandecho.com/sport/football/sunderland-afc/sunderland-europa-league-prize-money-financial-boost-9291882

Goebbels row leads to it all kicking off between Real and La Liga boss

Spain is facing a closely fought and arguably historic general election, but probably most football fans are more interested in a clash between Real Madrid and the president of La Liga.  With one branch of my family now resident in Spain and my great-granddaughter likely to become a Spanish citizen, I have been reading up on the country’s politics and history.   My preliminary conclusion is that some of the rows in football have deeper historical roots in a country that was wracked by a civil war. Real Madrid have demanded the “immediate resignation” of La Liga president Javier Tebas after he likened the approach of the club’s management to that of Joseph Goebbels, the Nazis’ infamous propaganda chief.     (Nazi Germany gave active support to Franco during the Spanish Civil War). Madrid described Tebas’ remarks as “deeply offensive” and “morally repugnant”. Madrid said they disqualified him from continuing to hold his positions as head of the Spanish to...