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Beyond the Banks: How Private Credit is Reshaping Football Finance in Europe

Examining the role private credit plays in redefining football finance in Europe, from greater structural shifts to addressing the evolving capital needs of clubs.

Article

Beyond the Banks: How Private Credit is Reshaping Football Finance in Europe
Examining the role private credit plays in redefining football finance in Europe, from greater structural shifts to addressing the evolving capital needs of clubs.

Article

Beyond the Banks: How Private Credit is Reshaping Football Finance in Europe
Examining the role private credit plays in redefining football finance in Europe, from greater structural shifts to addressing the evolving capital needs of clubs.
Article
Beyond the Banks: How Private Credit is Reshaping Football Finance in Europe
Examining the role private credit plays in redefining football finance in Europe, from greater structural shifts to addressing the evolving capital needs of clubs.

Over recent decades, European football clubs have shifted from being viewed as community assets or personal ventures to increasingly sophisticated business enterprises. Revenue from top clubs has expanded far beyond ticket sales, encompassing long-term broadcast deals, global sponsorships, merchandise, and stadiums that operate year-round.

Chart highlighting top 10 soccer clubs globally by total revenue for 2024/2025

In this article, we explore how football’s increased growth has provided an opportunity for private credit lenders able to underwrite complexity and structure around specific assets or revenue streams. Rather than displacing traditional lenders, these private credit providers often work alongside banks to complement their offerings with longer-term, flexible capital solutions. As the sport continues to broaden its global reach and structural sophistication, capital providers equipped to navigate the sector’s complexities could be well-positioned to provide crucial financing support.

“Institutional lenders have become increasingly central to sports financing, bringing long-term, flexible capital to a sector that has grown in scale, complexity, and scrutiny. Private credit’s ability to invest across the credit spectrum, structure bespoke solutions, and support both club-level and stadium financings aligns closely with the sector’s evolving financing needs.” Josh Shipley, Managing Director and Head of Private Credit

To find out more, download the paper below

1 Club Report & Accounts. Exchange Rate of £1- €1.15 Assumed for Revenues Reported in GBP
2 Inter Milan Total Revenue – Club,  Estimated Revenue Breakdown – Statista & Deloitte Money League

Case Studies

Sporting Entertainment. S.A
Based in Lisbon, Portugal, Sporting Entertainment. S.A is a Special Purpose Vehicle that will facilitate the development, financing, and operation of Sporting Clube de Portugal’s football stadium, Estádio José Alvalade.
Read More
Club Atletico de Madrid
Club Atlético de Madrid is a Spanish professional football club, based in Madrid.
Read More

Meet the Team

Joshua Shipley headshot
Joshua Shipley
Managing Director
Francesco Ascoli headshot
Francesco Ascoli
Managing Director
Jennifer O’Neill-Mardokh headshot
Jennifer O’Neill-Mardokh
Executive Director
Thomas Krausser headshot
Thomas Krausser
Executive Director
Max Boury headshot
Max Boury
Senior Director
Florian Seifert headshot
Florian Seifert
Senior Director
Jose Ortiz headshot
Jose Ortiz
Executive Director
Daryl Skinner headshot
Daryl Skinner
Senior Director
Federico Chiaramonte Headshot
Federico Chiaramonte
Executive Director
April 20, 2026
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