London Edition Wednesday 4 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% Choke of the century? Chengdu collapse sets up thrilling Chinese Super League climax The Guardian Has a footballer ever run a marathon faster than James Milner? | The Knowledge The Guardian Wednesday briefing: Chelsea owner’s firm offered Premier League tickets at several times their value Off The Pitch Mainoo and Lacey raise the spirits but systemic change still required at Manchester United | Nick Ames The Guardian Manchester United produce comeback for the ages as Cunha double floors Roma The Guardian ‘An absolute afterthought’: the story of the Nigeria women’s team’s fall from grace The Guardian The referee who became a role model after bouncing back from Diaz error BBC Sport Antonelli victory rare win for Manchester United owner Ratcliffe and Ineos City A.M. Tuesday briefing: FIFA paid $4 million towards Infantino’s US tax bill without disclosing it to members Off The Pitch Socceroos and Matildas sue Football Australia over revenue share dispute The Guardian Jaissle unhappy with 'clear foul' before Barry goal BBC Sport Arsenal have everything they need to repeat as Premier League champions | Jonathan Wilson The Guardian
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.