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Football finance

  • Everton takeover confirmed but Friedkin Group has warning for fans

    December 19, 2024

    Everton’s new owner, the Friedkin Group, has warned “it will take time” to make them successful again after completing their long-awaited takeover. The deal will bring stability to the nine-time English champions following years of financial distress, new executive chairman Marc Watts said. But he added that turning Everton from relegation-threatened strugglers back into a [...]

  • Fifa president branded ‘a chancer’ over £1,750 Club World Cup tickets

    December 18, 2024

    Fifa has been slammed by football fans after the first ticket prices for next year’s Club World Cup were published, with the cheapest seats available for the final costing £700 ($890). The prices, listed on Bayern Munich’s website, go up to £1,755 ($2,230) for lower-tier seats at the final, which will be played at the [...]

  • Former NBA owner invests in $100m women’s football multi-club group

    December 18, 2024

    The move will see World Cup and Olympic gold winning former US women’s international Lauren Holiday join the board of Mercury/13.

  • Red Bull: Leeds United minority owner set to increase football investment

    December 18, 2024

    The energy drinks brand already has a minority stake in Leeds but has an option to increase it.

  • European Super League plans revived – and it’s got a new name

    December 17, 2024

    The organisers of the European Super League have announced its rebranding as the “Unify League” as they step up efforts to revive the breakaway competition. A year after the European Court of Justice breathed new life into the controversial plan, A22 Sports Management has begun a fresh push following talks with clubs and leagues. Having [...]

  • Supersub: Women’s League Cup nets new title sponsor

    December 16, 2024

    Subway has been named the new title sponsor of the Women’s League Cup after agreeing a deal to succeed long-term partner Continental Tyres. The multi-year deal comes as the competition enters the quarter-final stage, having remained unbranded so far this season. Previous sponsor Continental backed the competition for 13 years, from its first edition in [...]

  • Tory peer’s plan for English football ‘opens door to Kim Jong Un and Assad’

    December 15, 2024

    Dictators such as Kim Jong Un or Bashar al-Assad could be encouraged to buy English football clubs if “preposterous” proposals from Tory peers are passed, campaigners have warned.  Lord Moynihan, a former sports minister under Margaret Thatcher’s premiership, has argued that anyone with diplomatic immunity should be exempt from the owners’ and directors’ test that [...]

  • Ed Warner: Sport owners mustn’t forget the loyal and local in rush to go global

    December 12, 2024

    In the frenzied rush to create global franchises and events, the sport business risks forgetting local and loyal fans at their peril, says Ed Warner. Storm Darragh dashed many sporting dreams last weekend, including those of the Australian 15-year-old who spent all his savings on a solo trip from Down Under only for the last [...]

  • Saudi Arabia promises ‘tournament of lifetime’ after getting 2034 World Cup

    December 11, 2024

    Saudi Arabia has vowed to stage “the tournament of a lifetime” after Fifa confirmed the country as hosts for the 2034 World Cup. Its was the only bid and its appointment was a formality confirmed by acclamation at a virtual Fifa congress on Wednesday. As expected, six nations – Spain, Portugal, Morocco, Uruguay, Argentina and [...]

  • Ahead of the Game: British Horseracing Authority accused of ‘selling out sport’

    December 11, 2024

    Campaign group Clean Up Gambling has switched horses and is backing racing in the sport’s push to be regulated separately from online casinos and slots.  Clean Up Gambling, which is funded by multimillionaire Labour donor Derek Webb and run by former party official Matt Zarb-Cousin, has called for racing to be exempt from affordability checks [...]

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