Macquarie close to overtaking Barclays as Premier League's preferred lender amid cash flow crunch
4 December 2020
The number of loans taken out by Premier League clubs with Australia's Macquarie has increased fivefold since last year, according to an offthepitch.com analysis.
Barclays, however, is still the primary banking institution - though its exposure to football has been dropping.
The preponderance of third-party financing has been driven by the lack of matchday income, with the market's increasing maturity boding well for both clubs and external financiers.
An unprecedented financial situation has changed the lending landscape in the Premier League and increasingly driven clubs into the arms of a new football financier.
Data from Companies House reveals that the number of loans taken out with Macquarie by top flight clubs has increased fivefold – to 16 from three – compared to a similar offthepitch.com analysis last year.
Do you want to read this article?
Get instant access by signing up for a 7-day free trial
No credit card, no commitments and it will expire automatically.
You will receive a link that activates your trial in an email.