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Latest bits in football news and transfers

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By Timothy Akintola

Check updates on Real Madrid, Xavi Simons, Man City, Guehi and Alexander-Arnold.

Real Madrid becomes the first club to surpass €1 billion in total revenue.

La Liga Champions, Real Madrid has released its financial report for the 2023-2024 season, showing an operating income of €1 billion, making it the first club to surpass the one billion-dollar mark. The club’s revenue, excluding player transfers, hit $1.16 billion, marking a 27% increase from the previous year despite ongoing stadium renovations. Real Madrid also reported a profit of $17.3 million for the fiscal year. Additionally, the club highlighted its new sponsorship deal with HP for the shirt sleeve as a key Revenue stream. The official statement noted that the club has significantly boosted both merchandising and sponsorship activities, emphasizing the importance of their new HP deal. This impressive financial achievement reflects the success of Florentino Perez’s leadership, both financially and on the sporting level.

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RB Leipzig in advanced talks with PSG to resign Xavi Simons on loan.

Despite interest from Manchester United and Bayern Munich, RB Leipzig is increasingly confident that Xavi Simons will join them on Loan for the upcoming season, although the deal has not yet been finalized. A permanent move could potentially be included in the agreement, with terms still under negotiation. Simons spent last season on loan at Leipzig, where he played in 43 matches across all competitions and made a significant impact in the Bundesliga, scoring 10 goals and providing 15 assists. The former PSV Eindhoven star also shone at the recently concluded European Championship, where he scored a goal and recorded two assists, helping the Netherlands reach the semi-finals before being eliminated by England. PSG has no plans to sell Xavi Simons but is open to a loan move, and RB Leipzig is hopeful of securing the deal soon.


Haaland scores as Man City loses 4-3 to Celtics in their opening preseason game.

Manchester City lost 4-3 to Celtic in their first preseason tour game in the U.S. on Tuesday night. Nicolas-Gerrit Kuhn opened the scoring for Celtic with a well-executed goal in the 13th minute. City responded with an equalizer from Oscar Bobb, but Celtic extended their lead before halftime with goals from Kuhn and Kyogo Furuhashi, making it 3-1. In the second half, the young Argentine talent Máximo Perrone came off the bench to score for City, narrowing the gap after a positive run by Bobb. Erling Haaland, who captained City, also found the net, heading in a beautiful cross from Bobb to make it 3-3. However, Luis Palma scored the decisive goal for Celtic. The match, which saw Guardiola test many young players, also marked a reunion for Celtic’s new goalkeeper, Kasper Schmeichel, who started his career at City in 2006. Manchester City will next face A.C. Milan and Barcelona in the United States.

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Arsenal prepared to offer Nketiah in a swap deal for Marc Guehi.

In a strategic move, Arsenal is intensifying its efforts to sign Crystal Palace centre-back Marc Guehi, with reports suggesting that the Gunners might offer Eddie Nketiah as part of a potential swap deal. Nketiah has already been linked with a departure from Arsenal this summer, making the deal more plausible. Guehi had an impressive season with Crystal Palace and further boosted his reputation with a standout performance at Euro 2024, attracting interest from several Premier League clubs. Arsenal is keen to strengthen their defence this summer, and while they are close to finalizing a deal for Bologna star Riccardo Calafiori, adding Guehi would significantly enhance their defensive depth. Bringing Guehi to the Emirates would be a major boost to Arsenal’s back-line ambitions.


Liverpool set to offer Trent Alexander-Arnold a new bumper contract.

In a bid to ward off interests from Real Madrid, Liverpool is prepared to offer Trent Alexander-Arnold a significant new contract. The homegrown talent, who emerged through Liverpool’s academy, has become one of the club’s key players, boasting an impressive 79 assists and 19 goals across 310 appearances in his eight seasons as a first-team regular. With only a year remaining on his current contract, there are growing concerns that Alexander-Arnold could be tempted to leave, potentially even this summer. To secure his future and fend off Real Madrid, Liverpool has initiated preliminary discussions for a contract extension reportedly worth £300,000 per week. This deal would make the 25-year-old defender the second-highest earner at the club, just behind Mo Salah, solidifying his importance to the Reds and their plans moving forward.

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