Reading in takeover talks with mystery bidder after Platek walks away April 9, 2025 Financially stricken Reading are in takeover talks with a new prospective buyer after American businessman Robert Platek walked away from a deal for the League One club. Platek, co-head of global credit at BDT and MSD Partners, entered into a period of exclusive negotiations with current owner Dai Yongge but that has now elapsed. The [...]
Premier League and EFL kick-start talks over billion-pound deal April 4, 2025 The Premier League and EFL are back in ongoing discussions over a new multi-billion-pound financial redistribution deal after more than a year of deadlock. Executives from the top flight and the English Football League, which operates the three divisions directly below, have met twice in the last few weeks and have another summit scheduled for [...]
Levy slams Spurs critics: We cannot spend what we do not have March 31, 2025 Tottenham Hotspur chairman Daniel Levy has hit out at the club’s transfer spending critics after the north London club made a loss after tax of £26.2m last year. The figure is a reduction on the £86.8m loss suffered in 2022-23 and the accounts for the year to 30 June 2024 showed a huge decrease in [...]
Chelsea’s squad is the most expensive ever, Uefa confirms March 6, 2025 Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled in football, according to a new Uefa report. Big-spending Chelsea’s squad was worth an astonishing €1.66bn (£1.39bn), eclipsing the previous highest recorded by Real Madrid in 2020 (£1.12bn). Uefa’s European Club Finance and Investment Landscape Report, published on Thursday, [...]
Will England get a fifth Champions League place? February 22, 2025 As European football’s club competitions head into their knockout phases, the Premier League’s prospects of getting a fifth place in the Champions League are becoming clearer. Since 2019, Uefa has awarded an extra spot in the Champions League to the two nations whose clubs performed the best in its three competitions during the previous season. [...]
Coca-Cola and Fifa resolve legal spat to continue Club World Cup deal February 21, 2025 Coca-Cola and football governing body Fifa appear to have resolved their legal spat after the soft drinks giant was confirmed as a sponsor for the Club World Cup. Alongside German sports apparel firm Adidas, Coca-Cola opened separate legal cases against Fifa surrounding the sponsorship rights of the Club World Cup. The pair were reportedly unhappy [...]
Minister Peacock apologises to Brady, Arsenal and Brighton chiefs February 21, 2025 Sport Minister Stephanie Peacock has been forced to issue an apology to Baroness Brady and directors of Arsenal and Brighton and Hove Albion “for any distress caused” after hitting back at critics of the football regulator. In a statement published today by the Department for Culture, Media and Sport (DCMS) today, Peacock said she had [...]
Amazon Prime Video offers French football for £2.49 February 20, 2025 Amazon Prime Video has expanded its sport portfolio in the UK by offering live French Ligue 1 football matches on a pay-per-view basis. Up to three games per weekend will be available on the streaming platform for the price of £2.49 each – to Prime subscribers and non-subscribers alike. It is designed to appeal to [...]
Leeds United and NFL team owners in talks to buy hard-up Rangers February 20, 2025 Rangers look set to become the latest British football club to get American owners – as revealed by City AM six months ago. The Glasgow giants are reportedly in advanced talks with a consortium led by Paraag Marathe, the chairman of Leeds United and a vice-president of NFL team the San Francisco 49ers’ investment arm, [...]
Glazer answers question of whether Manchester United is for sale February 20, 2025 Manchester United co-owner Avram Glazer has given a definitive answer as to whether he would sell his share in the Old Trafford club. The Premier League club published their results this week, showing a £14.5m cost for disposing of former manager Erik ten Hag, sporting director Dan Ashworth and others. The club therefore made a [...]