Why Do Football Clubs Raise Finance And Who Are The Main Investors?

Business man standing on a football
Friday, 10 September 2021 By Michael Savva , Stuart Bolton

This is a short extract from our article series A Guide To Financing Football Clubs, which looks at financing methods and ownership structures in global football. This extract examines:

  • Why finance is necessary; and
  • Who are the main investors?
    • Personal interest
    • State
    • Equity investors

Using the examples of:

  • Roman Abramovich/Chelsea
  • Sheikh Mansour/Manchester City
  • Manchester United
  • Liverpool
  • AC Milan

The full three-part article series is available to access here: Part 1: debt finance; Part 2: equity finance and ownership structures; Part 3: financing trends resulting from Covid-19.

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Written by

Michael Savva

Michael Savva

Michael is a Solicitor in the Asset Finance practice at Watson, Farley & Williams LLP. He specializes in advising clients in relation to sports finance including: loan finance, financing of broadcasting and ticket revenues and the player transfer finance.


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Stuart Bolton

Stuart Bolton

Associate, Watson Farley & Williams (Middle East) LLP

Stuart is an associate in the Assets & Structured Finance group, based in Dubai.  Stuart predominately advises investment banks on complex cross-border asset finance transactions in the aviation sector, and also practises sports finance and general corporate banking.

Since starting with Watson Farley & Williams as a trainee in 2016, Stuart has worked in London, Hamburg and Dubai.

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