Pressure grows over potential £42m deal between South Africa and Tottenham February 8, 2023 The South African government is under increasing pressure to scrap a proposed sponsorship deal worth over £40m with Premier League club Tottenham Hotspur. The proposed three-year deal is worth 900m South African rand (£42.5m) and has been criticised by the parliament’s tourism committee. Tourism Minister Lindiwe Sisulu told the committee that she had no knowledge [...]
Mohammed Ben Sulayem to take step back from Formula 1 February 8, 2023 Under-fire motorsport boss Mohammed Ben Sulayem has said he will step back from day-to-day involvement with Formula 1. The Emirati, who has been president of governing body the FIA since the end of 2021, said in a letter to team bosses reported by Sky Sports: “My stated objective was to be a non-executive president via recruitment [...]
FC Barcelona: Regulators tighten loophole and cut Spanish giants’ spending power February 8, 2023 FC Barcelona are facing a setback to their on-field resurgence in the form of a crackdown on their exploitation of so-called “economic levers”, City A.M. can reveal. The Spanish club, on course to end their four-year wait for another LaLiga title, have attracted the attention of domestic and European regulators with their innovative capital-raising. Last [...]
Manchester City hire £10,000-an-hour Boris Johnson Partygate barrister to fight Premier League charges February 8, 2023 Manchester City have hired the barrister who advised Boris Johnson over Partygate, Lord Pannick KC, to defend them against more than 100 charges brought by the Premier League. Pannick is one of the country’s leading barristers and can command fees of £10,000 an hour – equivalent to City top earner Kevin de Bruyne’s £400,000 salary, [...]
Juventus: Why Italian football’s latest scandal has sent its most successful club tumbling down Serie A – and what it means for Tottenham Hotspur and plans for a European Super League February 7, 2023 While Manchester City are facing claims they systematically broke financial rules, Juventus have already been docked points for their own scandal in Serie A – and it might be about to get worse. Heard the one about the serial domestic champions brought to heel over allegations of systematic abuse of financial regulations? Except this isn’t [...]
DAZN to deliver NFL game pass to give fans access to 2024 Super Bowl February 7, 2023 The NFL have singed a 10-year deal, ahead of the Super Bowl, with DAZN which will allow the sports streaming service to deliver the 2023 season, and beyond, in its entirety to the sport’s international audience. The NFL Game Pass International will see fans outside of the United States able to access every NFL game [...]
Why PwC’s Global Sports Survey is good news for the owners of Manchester United and Liverpool February 7, 2023 From Chelsea’s record-breaking spending on new footballers to debate over the future of the Davis Cup and Billie Jean King Cup in tennis and the arbitration between legacy tours and LIV Golf, private equity and sovereign wealth have been intertwined with some of sport’s biggest stories so far in 2023. The trend is only set [...]
Why have Manchester City been charged by the Premier League? What punishment can they face? Will it affect the title race or fellow big-spenders Chelsea? February 6, 2023 The Premier League hit Manchester City with an unprecedented volume of charges for alleged breaches of financial rules on Monday, but what happens next? What punishment could City face if found guilty? And what does it mean for the title race, and other big-spending clubs such as Chelsea? Read on to find out. What has [...]
Manchester City’s most successful era now has an asterisk after Premier League hit them with over 100 charges February 6, 2023 Manchester City are facing the threat of expulsion from the Premier League after the English champions were accused of the biggest financial scandal in the competition’s history. City were yesterday charged with more than 100 alleged rule breaches dating back to 2009, including falsely reporting income and the salaries of players and managers, and failing [...]
Football league club chairman makes radical suggestion to help non-league teams – and believes it could get majority backing February 6, 2023 English football is facing fresh calls to overhaul promotion and relegation and make it easier for non-league clubs to climb the men’s pyramid. The number of teams promoted from the National League to League Two should increase from two to three, argues Grimsby Town chairman Jason Stockwood. Stockwood, writing in the Guardian, says there may [...]