Arsenal fans score victory after club ends payments to owner Stan Kroenke’s KSE business October 1, 2016 Arsenal supporters have scored a victory over owner Stan Kroenke after the club announced they are no longer paying an annual £3m to the American's company. Full details of Arenal's annual accounts for last season, sent to shareholders this week, reveal that the Premier League club did not pay for the "strategic and advisory services" from Kroenke Sports & Entertainment [...]
Arsenal financial accounts: Ivan Gazidis cites Stan Kroenke’s “considerable investment” in transfers as club announces lowest profit of Emirates Stadium era September 30, 2016 Arsenal say "significant investment" in the club's playing squad is behind slim profit-before-tax of £2.9m last season, a £15.3m drop on a year earlier and the lowest bottom line for over 10 years. Turnover rose to £353.6m from £344.5m a year ago thanks to a runners-up finish in the Premier League and the start of a new [...]
Andrew Luck: Meet the St John’s Wood kid who returns to London this weekend as the NFL’s highest-paid player September 29, 2016 Thousands of Londoners will gather this weekend to gain a first hand look at the work of a former neighbour who has since left the UK, graduated from Stanford and become the highest paid member of his profession at just 26-years-old. The venue for the exhibition is Wembley, the event is the NFL’s 15th game [...]
Joe Root set for £1m pay deal as England cricket chiefs confirm biggest shake-up to central contract system for more than a decade September 29, 2016 England cricket chiefs have confirmed the biggest shake-up to the way that the country’s centrally-contracted players are paid for more than a decade. The England and Wales Cricket Board have for the first time awarded central contracts to regulars in the one-day team as well as those in the Test side. Mainstays of both teams, [...]
Jacksonville Jaguars: London’s unofficial NFL franchise, their plans to put down roots in the capital, and the threat Tottenham Hotspur pose to their British affair September 28, 2016 More than three years have passed since Mohamed Al Fayed, in a fitting coda to his eccentric reign, donned an oversized fake moustache and faced the cameras with Shahid Khan to mark the bewhiskered American sports mogul’s takeover of Fulham Football Club. It marked the second play of Pakistan-born, Florida-based Khan’s incursion into the capital’s [...]
FedEx Cup prize money: PGA Tour leader Dustin Johnson closes in on $10m treasure chest September 23, 2016 Dustin Johnson is on course to add golf's most generous greenback prize to a golden year, after taking a step closer to the FedEx Cup's massive $10m (£7.7m) prize . At the end of the first day of the Tour Championship, the final tournament of the four post-PGA Tour FedEx Cup playoffs, the world No2 shared the lead with fellow American Kevin Chappell [...]
From virtual reality to socks to the “Netflix of sports” — these nine companies are changing football through technology and innovation September 21, 2016 Modern football has become a magnet for cutting-edge technology and innovative ideas. The ever-increasing sums of money sloshing around in the sport have raised the stakes, forcing clubs to seek out the next marginal gain through state of the art software and brilliant minds, as well as providing ample business opportunities for enterprising fans. These [...]
New Uefa president Aleksander Ceferin issues immediate warning to big clubs over Champions League reform and Financial Fair Play September 14, 2016 New Uefa president Aleksander Ceferin has vowed that European football's governing body will take the fight to big clubs over the allocation of Champions League places and beef up financial fair play (FFP) rules. Ceferin, the little-known head of Slovenian football, comprehensively defeated Dutchman Michael van Praag 42-13 in Wednesday's vote to decide who would replace the disgraced [...]
Manchester United, Liverpool and Tottenham named worst transfer culprits for wasting millions on the likes of Angel di Maria, Christian Benteke and Roberto Soldado September 7, 2016 Manchester United, Liverpool and Tottenham have been accused of being the worst offenders for signing big-money flops. The three clubs have been singled out in a new study of transfer trends for signing the likes of £60m winger Angel di Maria, £32.5m forward Christian Benteke and £26m striker Roberto Soldado. The Soccerex Transfer Review by [...]
US Open 2016: Kyle Edmund pockets biggest prize money payday of his career after beating John Isner in the third round September 3, 2016 British No4 Kyle Edmund has scored the biggest payday of his tennis career to date with a shock fourth round victory over home favourite John Isner at the US Open. Edmund will now face world No1 Novak Djokovic in a fourth round match which marks the furthest he has ever progressed at a Grand Slam tournament. [...]