Manchester United finances: Plunge in value of pound post-Brexit sees club’s debt hit record levels February 9, 2017 Manchester United blamed the post-Brexit weak pound for a large increase in the club's debt, revealed in the club's second quarter accounts. The richest club in the world's net debt increased by £87.2m last year – just shy of the £89m the club paid for midfielder Paul Pogba in the summer – to £409.3m by [...]
European football clubs crush January transfer window spending record, splashing out €200m more than previous high February 7, 2017 The biggest leagues in European football spent more money than ever before in this year's January transfer window, crushing the previous record by more than €200m (£172.6m). According to research from academics at the CIES Football Observatory, clubs in the top divisions in England, France, Germany, Italy and Spain collectively spent €742m (£640.3m) in the four-week [...]
London won’t host the Super Bowl anytime soon, but NFL will remain international in age of Trump and Brexit says league’s UK boss February 4, 2017 For NFL fans in London, watching the Super Bowl this Sunday night will follow a familiar routine of staying up late, finding a comfy position on the couch with plenty of snacks to keep you going, perhaps sneaking a quick snooze in at half-time and then fighting on through until the final down — just [...]
Liverpool top the list as English clubs are paid €38m by Uefa for sending players to Euro 2016 February 2, 2017 Football clubs in England were paid €20m more than any other nation by Uefa for releasing players to play in Euro 2016, new figures reveal. English teams received a collective €38.2m (£33m) for providing players to the Euro 2016 qualifiers and tournament in France last year. Liverpool were the most heavily remunerated of all English clubs, [...]
January transfer window 2017: Premier League clubs record profit for the first time as Manchester United and Chelsea earn over £100m February 1, 2017 Premier League clubs recorded a transfer profit for the first time in last month's transfer window, despite spending more money than ever before in January. A record £215m was spent by top flight teams on new signings in this year's January window, according to Deloitte's Sport Business Group, yet teams still enjoyed a collective £40m [...]
Deadline-day flurry takes Premier League January spending past £200m February 1, 2017 Southampton’s £14m signing of Italy forward Manolo Gabbiadini created the biggest splash on deadline day as Premier League clubs took their January spending to record-threatening levels. Burnley and Crystal Palace also invested heavily, bringing to a close a window in which the top-flight’s middle and lower ranked clubs out-spent their more celebrated peers. Total spend [...]
January transfer window 2017: Weak pound prompts Premier League clubs to shop domestically as foreign imports fall January 31, 2017 Premier League clubs felt the impact of a weaker pound this January transfer window, increasing their incentive to shop domestically rather than abroad. For the first time in four transfer windows, less than half of the players signed by Premier League clubs came from foreign leagues. Well over £100m was splashed out on players already based [...]
When does the Premier League transfer window shut? Can players still be signed after the deadline? Here’s everything you need to know January 31, 2017 When does this year's January transfer window close? Premier League and Football League clubs in England have until 11pm on Tuesday 31 January to sign new players. There's Premier League games being played that night — and the day after! Will players be allowed to play immediately? Not so fast. Players have to be registered with the league before midday [...]
Chinese stadium company to buy stake in Southampton but current Saints owner indicates she’ll stay on January 26, 2017 Southampton are set to become the latest English football club to be snapped up by Chinese investors after they agreed a deal with stadium construction company Lander Sports Development. Lander announced to the Shenzhen stock exchange on Thursday that it had signed an agreement with Southampton owner Katarina Liebherr to buy a stake in the [...]
Why Formula One’s new owners Liberty Media must step on the gas to reclaim lost ground from rivals January 24, 2017 The ousting of long-time Formula One supremo Bernie Ecclestone marks a coup and leaves a series of unanswered questions facing the sport. For decades critics have questioned how F1 is governed and how it generates revenues, and have therefore cast doubts on its long-term future. Although some commentators – notably former broadcaster Murray Walker – have observed how instrumental Ecclestone [...]