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Football finance

  • Teddy Sheringham: Harry Kane should leave Spurs if he wants to win trophies

    March 7, 2022

    Harry Kane should make a renewed push to leave Tottenham Hotspur this summer if he wants to win trophies, says Teddy Sheringham. Former Spurs hero Sheringham believes Manchester City would still be interested in signing Kane, having failed with several offers for the England striker last year. “If he looks at the situation at Tottenham [...]

  • Abramovich sale of Chelsea could take place next week, says Premier League

    March 3, 2022

    The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]

  • Clock ticking on Roman Abramovich after he puts Chelsea up for sale

    March 2, 2022

    Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]

  • Premier League takes slow road to first NFT deal

    March 1, 2022

    Driven by the extraordinary early success of the NBA’s Top Shot digital collectibles, NFTs were the talk of the sports industry when the Premier League dipped its toe into the market last year. It launched a tender process, inviting bidders to submit proposals for a range of officially licensed Premier League NFTs, which was due [...]

  • Everton backer Usmanov has assets frozen by EU over Putin links

    March 1, 2022

    Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]

  • Uefa terminates £100m Gazprom sponsorship as sport shuts out Russia

    February 28, 2022

    European football’s governing body Uefa has confirmed the termination of its long-standing sponsorship deal with Russian state energy company Gazprom. The move came as Uefa banned Russian teams from its international and club competition following the country’s invasion of Ukraine. “Uefa has today decided to end its partnership with Gazprom across all competitions,” it said. [...]

  • Sport is guilty of shutting its eyes to Russia’s geopolitical ambitions

    February 27, 2022

    Roman Abramovich’s near 20-year ownership of Premier League club Chelsea has been shrouded in mystery and therefore subject to constant scrutiny and speculation. Indeed, until the weekend, it remained unclear why he is there and what he is seeking to achieve. The oligarch has denied having direct links with Vladimir Putin but has been seen [...]

  • Chelsea facing calls to clarify Roman Abramovich role

    February 27, 2022

    Chelsea are facing calls to publicly clarify Roman Abramovich’s role after he said he had handed the club’s “stewardship and care” to trustees of its charitable foundation. Ministers have been urged to seize billionaire Abramovich’s assets on the basis of his links to the Russian state in the wake of the country’s invasion of Ukraine. [...]

  • Carabao Cup has enough fizz to make business sense despite what its critics say

    February 25, 2022

    The Carabao Cup, which concludes on Sunday when Chelsea play Liverpool at Wembley, is perennially fending off calls for its demise and remains the butt of many a joke. Its future beyond 2024 remains uncertain, when an expanded Champions League is set to tighten the squeeze on English football’s secondary domestic cup competition. And it [...]

  • Uefa calls meeting to move Champions League final from Russia

    February 24, 2022

    European football’s governing body Uefa has called an extraordinary meeting for tomorrow morning when it is expected to strip Russia of the Champions League final. St Petersburg had been due to stage the biggest game in club football on 28 May but Russia’s invasion of Ukraine this week has seen pressure on Uefa to move [...]

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