Back to overview

Friday briefing: Premier League eases rules: German banks join the lending race

IMAGO

IMAGO

Chelsea CEO Chris Jurasek steps down as part of reshuffle

Newcastle look to avoid ‘Saudi tax’ on transfers after backing down from £70 million Marc Guehi deal

Manchester City hopes ‘boosted by Premier League legal defeat to Leicester’

Pernod Ricard drops PSG sponsorship deal over Marseille fan protests

6 September 2024 - 4:30 AM

The financial landscape of the Premier League is undergoing a significant shift following a change in the league’s regulations. Non-UK-incorporated banks are now permitted to enter the world’s largest football market and provide loans to Premier League clubs. 

According to information obtained by Off The Pitch, two German banks, Oldenburgische Landesbank (OLB) and Internationales Bankenhaus Bodensee (IBB), have been among the first to receive approval from the Premier League as off

Do you want to read this article?

Get smarter in minutes. Straight to your inbox
21-day free trial

No credit card required. No strings attached. Your access ends automatically, so there’s nothing to cancel.

Activate instantly with the link we’ll send you.