Everton Friedkin Group owners inject £38m, reportedly to pay Burnley Sport Business Everton owners The Friedkin Group have injected £38m into the club, reportedly to cover compensation owed to Burnley. The club was deemed to owe Burnley close to £40m after a landmark ruling earlier this year but the Premier League Independent Disciplinary Commission after the Clarets successfully argued that the Toffees’ breach of Profitability and Sustainability [...]
Oak Furnitureland pares back losses as firm eyes showroom expansion Retail Oak Furnitureland is eyeing further showroom expansion after the retailer improved its profitability. The Swindon-based business is targeting a host of new stores over the course of 2026 following the opening of a new showroom in Coventry in September, and is eyeing a refurbishment of at least half of its existing store estate by the [...]
Premier League stadiums: Inside football’s grandstand revolution Sport Business The Premier League is going through a revolution, and it is not in the form of playing formations. Stadiums – new and old – are second homes for fans, the community centre of their weekend. And England’s top flight is ever-changing. Three teams may get promoted each year and three may get relegated, but the [...]
Burnley owners vow to run Espanyol separately after £113m takeover October 9, 2025 Burnley’s owners insist they will run Espanyol independently after completing a takeover of the Barcelona-based LaLiga club. Velocity Sports Partners, the investment arm of Burnley owner ALK Capital, confirmed today it has acquired Espanyol from Chinese businessman Chen Yansheng’s Rastar Group in a deal reported to be worth €130m (£113m). “Football has always belonged to [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
Burnley and Elon Musk’s X sign behind-the-scenes deal July 18, 2025 Burnley’s return to the Premier League will be documented on X after the Turf Moor club announced a deal with Elon Musk’s social media platform. Burnley and X Corporation have signed a multi-year deal that will see 20 episodes published fortnightly to give fans access to the Clarets’s Premier League season. It is hoped that [...]
Burnley director creates $1.2bn sport investment fund April 21, 2025 Burnley FC director Dave Checketts is fronting up a new $1.2bn (£900m) private equity fund with a wealthy Utah family. Checketts, part-owner of the Clarets, is teaming up with the Eccles family – whose prominent member Spencer is on the Salt Lake organising committee for the 2034 Winter Olympics – to form the Cynosure | [...]
Premier League prize money: How much do you get for winning the title? May 17, 2024 The majority of clubs may not have a Premier League title to win or relegation to avoid, but there are millions riding on this weekend. Prize money can differ massively between each spot in the Premier League table, and that’s something each team will be conscious off come kick-off this Sunday. Recent Premier League accounts [...]