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Football finance

  • 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 [...]

  • Exclusive: Forest, Chelsea and Inter players join £1.1m boot firm Sokito’s funding round

    December 11, 2024

    Players from clubs such as Nottingham Forest, Chelsea and Inter Milan have joined a £1.1m funding round for eco-friendly football boot firm Sokito. A total of 60 players, 44 of whom are new investors, have joined the roster of investors from leagues including the Premier League, MLS and the Bundesliga. Chelsea’s Trevoh Chalobah is on [...]

  • European football to rebel over winter World Cup in Saudi Arabia

    December 10, 2024

    European football leagues are set to rebel against plans to host the 2034 Fifa World Cup in Saudi Arabia in the winter. The Middle Eastern kingdom is set to be officially confirmed as hosts for the 2034 edition of the World Cup on Wednesday at a Fifa congress meeting. The move could see Saudi Arabia [...]

  • Credit ratings agency tips more top football clubs to ‘do a Tottenham’

    December 10, 2024

    More European football clubs will follow Tottenham Hotspur’s lead by investing in stadiums as broadcast revenues plateau, credit ratings agency Morningstar DBRS has forecast. After decades of strong growth, most top leagues have seen a fall or only marginal increases in the value of their TV contracts – the source of the majority of their [...]

  • Khan’s Global Fighters’ Union wants TV cash to fund ‘Fair Fight’ mission

    December 10, 2024

    Amir Khan’s Global Fighters’ Union has called for broadcasting revenue to fund better working standards for boxers, mixed martial artists and other competitors in combat sports. The Global Fighters’ Union is seeking a similar arrangement to the Professional Footballers’ Association, which receives a £25m annual subsidy from the Premier League’s TV contracts. Khan’s union, which [...]

  • ‘One or two errors’: Ratcliffe comments shed light on Ashworth departure

    December 8, 2024

    Manchester United are searching for a new sporting director after splitting from Dan Ashworth, the man who was supposed to be a key architect of the team’s revival. United waited for almost half a year to prise Ashworth from his contract at Newcastle United but have dispensed with him midway through his first full season. [...]

  • Show football’s 3pm blackout the red card and women’s game will benefit

    December 6, 2024

    While men’s football works out whether to scrap the 3pm blackout, women’s matches offer a perfect test case, argues Anna Reynolds. Imagine being barred from watching your favourite TV programme at a certain time of the day. That’s the current situation in football, where games scheduled for Saturday at 3pm are restricted from being broadcast [...]

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