Barcelona president Joan Laporta reveals debts at crisis club have grown to £1.15bn following Lionel Messi departure August 16, 2021 Barcelona, once hailed as the model for all football clubs to follow, are now £1.15bn (€1.35bn) in debt, according to their president Joan Laporta. The five-time European champions’ financial crisis was highlighted last week by their inability to afford a new contract for Lionel Messi, their greatest ever player. Laporta said Barcelona’s wage bill exceeded [...]
Manchester United, Liverpool, Chelsea and Manchester City among Super League rebels to return to European Club Association August 16, 2021 Nine of the rebel football clubs who agreed to join a breakaway European Super League – including six Premier League sides – have rejoined the European Club Association (ECA). The teams renounced their memberships of the influential group, which represents more than 200 of Europe’s leading clubs, as part of their decision to join the [...]
Russia planning 2036 Olympic bid as St Petersburg emerges as rival to London August 16, 2021 London will face opposition from Russia if it pursues a bid to host the Olympic Games in 2036. Russia has confirmed it is preparing a bid for the Games, with St Petersburg its leading candidate. Mayor of London Sadiq Khan pledged to explore staging the Olympics again, following the success of London 2012, in the [...]
UEFA close to €6bn aid package for European football clubs August 13, 2021 UEFA is reportedly close to signing off on a rescue package worth up to €6bn (£5.1bn) to help European football teams recover from the pandemic. The funding is part of a proposed three-part strategy by the governing body, to be outlined in the coming weeks, aimed at helping clubs following stadium closures and a sharp [...]