Football Finance
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Football Finance
Keeping up to date with the latest news of Football Finance in English clubs since 2013. Follow @JohnBeech on Twitter for the quickest updates.  YOU MAY NEED TO SCROLL DOWN ON THIS PAGE FOR THE MOST RECENT POSTING - the latest news appears directly below the tags initially.  *****  SPORTS MANAGEMENT (including FIFA and football abroad) and EVENTS MANAGEMENT (including FIFA World Cups) news items are also available at http://www.scoop.it/the-business-of-sports-managemen and http://www.scoop.it/t/the-business-of-events-management respectively; for Scottish football finance see https://www.scoop.it/topic/the-business-of-sports-management/?&tag=Scottish+football..  ******
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AFC Bournemouth sold to Bill Foley-led partnership for £100 million

AFC Bournemouth sold to Bill Foley-led partnership for £100 million | Football Finance | Scoop.it
AFC Bournemouth can confirm that owner Maxim Demin has sold his 100% stake in the club to Black Knight Football Club, of which Bill Foley is the Managing General Partner.
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Russian Demin buys back full ownership of Bournemouth

Russian Demin buys back full ownership of Bournemouth | Football Finance | Scoop.it

January 30 – Russian businessman Maxim Demin has regained full ownership of Premier League club Bournemouth after acquiring the 25% stake held by Chicago-based private equity firm Peak6 Investments.

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Queens Park Rangers to learn £57.9million fine verdict in ruling that could hit Bournemouth and Leicester

Queens Park Rangers to learn £57.9million fine verdict in ruling that could hit Bournemouth and Leicester | Football Finance | Scoop.it
QPR challenging EFL rules on spending breaches as Cherries and Foxes sweat over whether they will face same punishment
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AFC Bournemouth: Premier League club searching for suitable site for new stadium

AFC Bournemouth: Premier League club searching for suitable site for new stadium | Football Finance | Scoop.it
AFC Bournemouth have begun the search for a suitable site for new stadium, which they hope to open in 2020-21.
John Beech's insight:

 

More at http://www.insideworldfootball.com/2016/12/12/bournemouth-start-hunt-new-stadium-site-vitality-talks-go-flat/

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AFC Bournemouth to increase stadium capacity

AFC Bournemouth to increase stadium capacity | Football Finance | Scoop.it
Football Business News Section
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'No January spree for Bournemouth'

'No January spree for Bournemouth' | Football Finance | Scoop.it
Bournemouth chairman Jeff Mostyn says the club will not break its budget in the January transfer window despite US investment.
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US Investors Poised For 25% Bournemouth Stake

US Investors Poised For 25% Bournemouth Stake | Football Finance | Scoop.it
The struggling Premier League club has caught the eye of a Chicago firm, whose involvement could unlock funds for new players.
John Beech's insight:


More at http://www.bbc.co.uk/sport/0/football/34765666
and
http://www.theguardian.com/sport/2015/nov/09/london-2012-sabotaged-russia-wada-doping-report


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Mostyn defends ticket price increase

Mostyn defends ticket price increase | Football Finance | Scoop.it
Bournemouth chairman Jeff Mostyn defends an increase in season ticket prices for the club's first Premier League season.
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Going global: AFC Bournemouth’s promotion to provide a "£50m boost" to town’s economy

Going global: AFC Bournemouth’s promotion to provide a "£50m boost" to town’s economy | Football Finance | Scoop.it
AFC BOURNEMOUTH’S incredible promotion to the Premier League is expected to provide a £50million boost to the town’s economy.
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AFC Bournemouth: Mitchell steps down as Cherries chairman and sells up (UPDATED)

AFC Bournemouth: Mitchell steps down as Cherries chairman and sells up (UPDATED) | Football Finance | Scoop.it
EDDIE Mitchell has today stepped down as chairman of AFC Bournemouth – and sold the family shareholding in the club to Maxim Demin.
John Beech's comment, September 2, 2013 11:30 AM
Some earlier thoughts on Eddie Mitchell from my blog at http://footballmanagement.wordpress.com/?s=eddie+mitchell
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Bournemouth losses triple to £32.4m as annual turnover dips again

Bournemouth losses triple to £32.4m as annual turnover dips again | Football Finance | Scoop.it

By David Owen
March 19 – AFC Bournemouth, the Russian-owned south coast club enjoying an extended Premier League adventure under manager Eddie Howe, have announced an increased annual loss.
The Cherries posted a pre-tax loss of £32.4 million for the year to end-June 2019, up from £10.9 million. This was on turnover that declined for a second straight year from £134.9 million to £131.1 million.
The club’s core financial issue is that it is probably more highly dependent on Premier League TV money than any of its top-tier rivals.…

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Bournemouth were 'overly optimistic' in plans to move into new stadium by summer 2020

Bournemouth were 'overly optimistic' in plans to move into new stadium by summer 2020 | Football Finance | Scoop.it
Bournemouth will not be moving into a new stadium by summer 2020, saying they were "overly optimistic" in their plans.
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Cherries ripe for Premier League profits as turnover rockets from £12.9m to £87.9m

Cherries ripe for Premier League profits as turnover rockets from £12.9m to £87.9m | Football Finance | Scoop.it
By David Owen
April 27 – AFC Bournemouth, the south-coast club growing accustomed to life in the English top flight, have reported a profit for their first-ever season in the Premier League. For the year to 31 July 2016, the Cherries posted pre-tax profits of £3.4 million. This compared with a restated loss of £39.4 million the previous season.
The accounts were completely transformed by Premier League TV money. Read more …
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Bournemouth were fined £7.6m last season for breaching FFP rules

Bournemouth were fined £7.6m last season for breaching FFP rules | Football Finance | Scoop.it
Bournemouth were fined £7.6m by the Football League for breaching Financial Fair Play rules in their promotion-winning season
John Beech's insight:

 

So, any fine fine that might yet be imposed on Leicester would be meaningless. 

 

FFP is dead at the Championship level.

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Bournemouth face FFP fine, Fulham and Nottingham Forest face possible transfer embargo

Bournemouth face FFP fine, Fulham and Nottingham Forest face possible transfer embargo | Football Finance | Scoop.it
The Football League has announced Bournemouth, Nottingham Forest and Fulham will be sanctioned after breaching Financial Fair Play (FFP) regulations.
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Premier League’s Bournemouth secures US investment

Premier League’s Bournemouth secures US investment | Football Finance | Scoop.it
US-based private equity firm Peak6 Investments has acquired a 25 per cent stake in English Premier League football club AFC Bournemouth.
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AFC Bournemouth expands Vitality deal at renamed Dean Court

AFC Bournemouth expands Vitality deal at renamed Dean Court | Football Finance | Scoop.it
Premier League newcomers AFC Bournemouth have agreed a stadium naming rights deal with health care provider Vitality, part of South Africa-based Discovery Limited. The 11,700-capacity Dean Court, the smallest ground ever in the Premier League, will be called the Vitality Stadium.
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Howe much is Bournemouth's promotion worth? At least £130 million

Howe much is Bournemouth's promotion worth? At least £130 million | Football Finance | Scoop.it
AFC Bournemouth's remarkable promotion to the English Premier League will assure the south-coast club of at least £130 million of extra revenue, according to Deloitte, the business advisory firm.
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Lallana fee should go to owner - Howe

Lallana fee should go to owner - Howe | Football Finance | Scoop.it
Bournemouth boss Eddie Howe says the money they receive from Adam Lallana's move to Liverpool should go to the club's owner.
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