Chelsea’s annual loss tops £145m despite increased turnover December 30, 2021 Chelsea FC have announced an annual loss of £145.6m after tax in the year leading to 30 June 2021. The club, owned by Roman Abramovich since 2003, did however increase its turnover to £416.8m – up from £387.8m. Chelsea are currently third in the Premier League and are reigning European Champions, having beaten Manchester City [...]
Manchester United striker Anthony Martial tells club of wish to leave December 27, 2021 Manchester United striker Anthony Martial has told Ralf Rangnick, the club’s interim manager, that he wishes to leave the club. The Frenchman joined the Old Trafford club from Monaco in 2015 for £36m – then a transfer record for a teenage footballer. Since then, he has played 268 times for United, netting 79 times. Rangnick [...]
Best of 2021: Why Saudi Arabia bought Newcastle United December 27, 2021 In this article, originally published in October, sports business expert Professor Simon Chadwick explains the strategic background to the takeover of Newcastle United by a consortium headed by Saudi Arabia’s Public Investment Fund – and why it about much more than football. After years of speculation, prevarication and consternation, Saudi Arabia has at last sealed [...]
Sports law year in review 2021: Were our predictions right? December 26, 2021 In December 2020, while others may have been preparing for muted New Year’s Eve celebrations in light of the new coronavirus variant, we were busy making sports law predictions for the year ahead for City A.M. In summary, we predicted a rise in data-related disputes on the back of Project Red Card, the further growth [...]
Best of 2021: Football training can be safer with VR technology December 26, 2021 Technology is ever-changing, and that includes in sport too. Matt Hardy took a look at how new VR could revolutionise the way football teams train. Originally published on October 15. A whipped cross and a powerful header towards goal are staples of football and the essence of set-piece tactics used by every football team. But [...]
Best of 2021: Forest Green owner Dale Vince on saving the planet, one match at a time December 26, 2021 In this interview from March 2021, pioneering eco-entrepreneur Dale Vince discusses the rise of the football club he owns, Forest Green Rovers, the world’s first vegan and carbon-neutral team, who play on an organic pitch in kits made of recycled coffee beans. With a large green Union Jack behind him and a casually dishevelled appearance, [...]
Best of 2021: Lewes FC, the football club of the future? December 25, 2021 In this article from March 2021, Frank Dalleres speaks to Maggie Murphy, general manager and now CEO of Lewes FC about the club’s pioneering stance on equal pay, how a purpose-led approach can attract commercial partners, and bold plans for the future. They take pride in doing things differently at Lewes FC, the small football [...]
Man Utd boss Ralf Rangnick suggests scrapping Carabao Cup December 23, 2021 Manchester United manager Ralf Rangnick has suggested that English football should scrap the Carabao Cup to ease the burden on players. Concerns about player welfare have been heightened by a raft of Covid-19 postponements, which will mean fixture congestion – and an intensified workload – in the coming weeks. “England is the only league in [...]
‘Zombie clubs’ on rise as Covid doubles football teams in distress December 22, 2021 Football finance experts have warned of a rise in “zombie clubs” as a result of Covid-19 restrictions slashing teams’ income. The number of English clubs in financial distress doubled from 17 to 34 in the six months after stadiums closed in March 2020, a new report by insolvency firm Begbies Traynor found. Derby County and [...]
The Cathedral: Striking new home of AC Milan and Inter Milan revealed December 22, 2021 Italian football giants AC Milan and Inter Milan have revealed plans for their striking new stadium, called The Cathedral, which will replace their iconic current home, the San Siro. The winning design was drawn up by architects Populous, who also created the new Wembley Stadium, the London 2012 Olympic Stadium, Arsenal’s Emirates Stadium and the [...]