Hanne Lindqvist
Hanne Lindqvist leads the Journal’s European coverage from Munich, reporting on football governance, regulation and the continent’s club ownership market.
5 articles
Munich-
21 AUG2025Leagues
Calendar Congestion Becomes a Balance-Sheet Problem
Expanded competition formats have pushed elite squads past the load their medical departments can manage. Injury cost is now large enough to appear in financial planning.
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17 OCT2024Athletes
Player Trading as an Asset Class
Amortisation accounting has turned squad building into a balance-sheet exercise. Clubs are now managing book values as deliberately as they manage results.
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27 APR2023Leagues
Relegation Risk Is a Credit Risk
Lenders to clubs in open leagues are underwriting a revenue stream that can fall by two-thirds on a single result. The instruments used to manage it are not adequate.
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28 APR2022Leagues
The Forced Sale and the Limits of the Ownership Test
A sanctioned proprietor, a licence to operate, a court-supervised auction: this year produced a template for divesting a sporting asset under duress that nobody had drafted in advance.
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22 APR2021Leagues
Forty-Eight Hours: Anatomy of a Competition That Never Kicked Off
The breakaway announced in April collapsed faster than any comparable venture in modern sport. Its failure was a financing failure before it was a political one.




