England v Scotland: Scouting the Scots with a bit of help from investment banking ahead of the Euro 2020 Battle of Britain June 18, 2021 It’s England v Scotland at Euro 2020 this evening as the Battle of Britain returns to major tournament football. Gareth Southgate will have his own ideas about Scotland’s strengths and weaknesses under Steve Clarke. But, should he need any more pointers, we can offer some answers based on quantitative analysis methods borrowed from investment banking. [...]
Explained: Why Cristiano Ronaldo’s Coke snub at Euro 2020 was not the cause of Coca-Cola’s share price drop June 17, 2021 Cristiano Ronaldo was credited with knocking $4bn off the value of Coca-Cola earlier this week when he snubbed the soft drink – but does the theory stack up? The Portuguese football superstar pointedly moved two bottles of Coke from his desk at a Euro 2020 press conference and instead held up a bottle of water, [...]
Premier League clubs slip to record £1bn loss as Covid-19 hammers income from match days and broadcasters June 15, 2021 Premier League clubs suffered a record aggregate pre-tax loss of almost £1bn in 2019-20 as a result of Covid-19’s impact on football. The combined revenues of the 20 top-flight teams fell for the first time ever to £4.5bn, a drop of 13 per cent, according to Deloitte. A delay to the completion of the season, [...]
Week in Sportbiz: Ukraine told to change Russia-baiting Euro 2020 kit; Germany muscles in on London NFL patch; beIN and Channel 4 bag rights deals June 10, 2021 Euro 2020 may not have started yet but it has already kicked off between Ukraine and Russia. Ukraine tweaked the nose of Russia earlier this week when it revealed a Moscow-baiting new football kit, to be worn at Euro 2020. The yellow shirt features a map of Ukraine that includes Crimea, which Russia annexed in [...]
Six Premier League clubs fined £22m over failed European Super League project June 9, 2021 The Premier League has fined six English clubs who tried to join a breakaway European Super League a combined £22m. The rebel teams – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – will pay £3.67m each. But they face fines of £25m per club and 30-point deductions should they attempt a similar [...]
Debbie Hewitt to become first female chair of the FA as she leaves Restaurant Group June 8, 2021 Debbie Hewitt is set to become the FA’s first female chair, with the Restaurant Group confirming she will be leaving the same position at the hospitality firm this morning. Hewitt will leave the Restaurant Group – which owns Wagamama and Frankie and Benny’s – at the end of December 2021. Read more: FA Cup to [...]
Week in Sportbiz: Mexican stand-off over Club Necaxa NFT; press conferences overshadow French Open; English football in distress June 3, 2021 From NBA Top Shot to Christian Fuchs, the march of the NFT in sport has looked unstoppable. Until now, that is. Mexican football chiefs this week put the brakes on the plans of Club Necaxa to become the world’s first sports team to sell an ownership stake using blockchain technology. Club Necaxa, whose shareholders include [...]
Exclusive: Vegan footballer Chris Smalling invests six-figure sum in plant-based meat company Heura June 3, 2021 Former Manchester United footballer Chris Smalling has become an investor in plant-based meat company Heura. Smalling, who switched to a vegan diet five years ago, is understood to have invested a six-figure sum in the Spanish brand. “Backing from a top athlete like Chris further bolsters Heura’s nutritional credentials, which are second to none,” said [...]
Championship Play-Off Final: £170m prize at stake for Brentford and Swansea in football’s most lucrative match May 29, 2021 Saturday’s Championship Play-Off Final is worth £170m to the winning team, making it football’s most lucrative match, according to Deloitte. The Wembley fixture, to decide which team gets the remaining place in next season’s Premier League, is this year between Brentford and Swansea City. “Promotion to the Premier League remains the most valuable prize in [...]
Leicester City title hero Christian Fuchs explains why he is auctioning his viral video of the team’s Premier League celebrations as an NFT May 28, 2021 Former Leicester City player Christian Fuchs is auctioning his viral video clip of the team celebrating the Premier League title as part of an NFT (non-fungible token). Fuchs shot the clip of the moment Leicester became champions on his mobile phone and shared it on Twitter, where it has received 12m views. The defender is [...]