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Football finance

  • Premier League on rocky road with plans to regulate sponsorship deals in wake of Newcastle takeover

    November 18, 2021

    The recent takeover of Newcastle United by the Saudi Arabia’s Public Investment Fund created quite a storm – both in the media and, according to reports, the other Premier League clubs. Since the introduction of so-called financial fair play regulations at the start of season 2013-14 – known as the Profitability and Sustainability Rules in [...]

  • Chelsea Digital Ventures: The tech business spun out of a football club

    November 17, 2021

    Look closely next time Romelu Lukaku or Pernille Harder takes a mid-match drink and you may notice something that marks Chelsea out from other football clubs. Because instead of taking a swig from a bottle of Lucozade, or another well known sports hydration brand, players at the west London club have their own in-house product. [...]

  • Czech billionaire buys 27 per cent of West Ham in £150m deal

    November 10, 2021

    Czech billionaire Daniel Kretinsky has completed a deal which will see him acquire 27 per cent of Premier League club West Ham for £150m. The 46-year-old could use the initial investment to launch a takeover bid of the Hammers, who are currently majority owned by David Gold and David Sullivan. Kretinsky has stakes in both [...]

  • Sepp Blatter and Michel Platini charged with fraud over £1.35m payment

    November 2, 2021

    Sepp Blatter and Michel Platini, the former presidents of Fifa and Uefa, are facing trial after being charged with fraud by Swiss prosecutors. The charges relate to a payment of 2m Swiss francs (£1.35m) made by Fifa to Platini in 2011, when Blatter ran football’s world governing body. Blatter, who was forced out of Fifa [...]

  • Smart shin guards: the latest weapon in football’s wearable tech arms race

    November 2, 2021

    Football is no stranger to wearables, as evidenced by the ubiquity of GPS vests, but it is about to get a new weapon in the technology arms race: smart shin guards. Italian sports tech and analytics company Soccerment will today launch their pioneering protective gear, which captures data on every run, pass, shot and change [...]

  • Antonio Conte is a gamble Tottenham Hotspur can’t afford not to take

    November 1, 2021

    “It’s time to stop being so crap,” was Tottenham Hotspur manager-in-waiting Antonio Conte’s rallying cry to the Juventus squad he inherited, according to his former player Andrea Pirlo. A similar sentiment would not be inappropriate at Spurs if, as expected, Conte is named the successor to Nuno Espirito Santo, who was fired after just four [...]

  • Daniel Kretinksy: Czech billionaire poised to buy stake in West Ham United

    October 28, 2021

    West Ham United are the subject of takeover interest from Czech billionaire Daniel Kretinsky, according to multiple reports. Kretinsky, who co-owns Sparta Prague and holds major stakes in the Royal Mail and Sainsbury’s, is said to be close to buying a 27 per cent stake in the Premier League club. The deal, first reported by [...]

  • Man Utd owning Glazers outbid in Indian Premier League franchise auction

    October 25, 2021

    Manchester United owners the Glazer family suffered another defeat today when they lost out in an auction for one of two new franchises in cricket’s Indian Premier League (IPL). Avram Glazer’s Lancer Capital made a bid for one of the new teams, which will begin competing next year when the high-profile Twenty20 competition expands to [...]

  • British and Irish 2030 World Cup bid still on, UK Sport tells MPs

    October 19, 2021

    Great Britain and Ireland’s hopes of staging football’s 2030 World Cup have not been torpedoed by the crowd trouble at this year’s European Championship but the countries do face a battle to mount a credible bid following England’s farcical 2018 effort, MPs were told today. The update on a possible bid came during a Digital, [...]

  • Premier League clubs block Saudi sponsorship deals with Newcastle United

    October 19, 2021

    Premier League clubs have moved to stop Saudi Arabia flooding Newcastle United with big-money sponsorship deals that would allow them to spend freely on transfers. Eighteen of the 20 top-flight teams approved a block on related-party transactions, in which a company that shares the same owner as a club pays it money via a commercial [...]

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