Group Created with Sketch.
Volume 7 No. 146

Finance

A-League side Melbourne Victory is the "second-most valuable privately held sports club in Australia" after a recent share transaction valued it at A$40M ($28.5M), according to John Stensholt of THE AUSTRALIAN. The deal puts Victory behind only ASX-listed National Rugby League side Brisbane Broncos, which has market capitalization of about A$47M ($33.5M) and is 67% owned by News Corp, and "ahead of all other privately owned NRL clubs, ­National Basketball League sides and the other nine A-League clubs." Victory's new valuation comes as the owners of NRL runner-up Melbourne Storm prepare to ­"potentially sell some" of their shares to club fans and members "in what may value" the Storm at more than A$30M ($21.4M). Victory Chair Anthony Di Pietro revealed that the "owners of one of the club's big sponsors," poultry company La Ionica Founder Sam Cuteri and his wife, Maria, "recently invested in a new parcel of shares in the club as part of a capital ­raising." Di Pietro said, "The Cuteri family have been strong supporters of Melbourne Victory since day one and this investment both strengthens our connection and strengthens our club" (THE AUSTRALIAN, 10/10).

Serie A side AS Roma's turnover is "close to record levels," but its debt has reportedly risen to close to €220M ($255M), according to FOOTBALL ITALIA. The club's draft financial statements through June 30 reportedly reveal "both positive and negative trends." The club made a loss of €42M last year, but that fell to €25M ($29M) for the latest accounts. Part of that is "thanks to an increase in revenue" -- not including player sales, which are counted separately -- to €251M ($291M) (FOOTBALL ITALIA, 10/11).

INTER RETURNS: FOOTBALL ITALIA also reported Inter Milan has "already" earned roughly €54M ($62.6M) from ticket sales and the Champions League, around 20% of last season's revenue. The club is competing in Europe's top club competition for the first time since the '11-12 season and has two wins from its two matches against Tottenham and PSV Eindhoven. The club has reportedly earned €38.9M ($45.1M) just by participating in the group stages. In addition, Inter's five home games so far have yielded around €10M ($11.6M), with €3.5M ($4.1M) of that coming from the game against Tottenham in the Champions League (FOOTBALL ITALIA, 10/11).