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Football finance

  • Bayern Munich end £17m-a-year Qatari sponsor deal following fan protests

    June 28, 2023

    Bayern Munich have ended a long-standing sponsorship relationship with Qatar following sustained protests from some supporters. Germany’s most successful football club have sported Qatar Airways’ logo on their shirt sleeves since 2018 in a deal reported to be worth around €20m (£17m) a year.  That replaced a similar sponsorship agreement with Doha Airport, while the [...]

  • Manchester United forecast record revenues as fans protest Glazers’ stalling on a sale

    June 27, 2023

    Manchester United chiefs expect to achieve record revenues of up to £640m this year after raising their guidance for investors. United’s revenue for the three months to March 2023 increased 3.5 per cent on the same period last year to £481.1m.  It comes after the 20-time English champions enjoyed a return to form on the [...]

  • Stormzy and Wilfried Zaha team up to buy hometown football club Croydon Athletic

    June 27, 2023

    Rapper Stormzy and Crystal Palace star Wilfried Zaha have agreed to buy their hometown football club, AFC Croydon Athletic. Stormzy and Zaha are part of a three-man consortium, which also includes former Palace kit man Danny Young, that has exchanged contracts for a takeover with the current ownership. No financial details have been disclosed and [...]

  • Explained: What changes to transfer and loan rules mean for Premier League clubs

    June 26, 2023

    Big clubs such as Chelsea and Manchester City are unlikely to return to hoarding top talent and farming them out on loan despite the relaxation of post-Brexit transfer red tape. Chelsea turned recruiting promising players, loaning them out and ultimately selling for a profit into a fine art in the later years of Roman Abramovich’s [...]

  • Ryan Reynolds joins Wrexham co-owner and RedBird in buying stake in F1 team Alpine

    June 26, 2023

    Hollywood star Ryan Reynolds and RedBird Capital Partners, which has a stake in Liverpool’s owners, have invested in Formula 1 team Alpine. Otro Capital, Reynolds’ Wrexham AFC co-owner Rob McElhenney and their fellow actor Michael B Jordan, who owns a stake in AFC Bournemouth have also invested. The €200m (£171m) cash injection is for 24 [...]

  • Arteta: Arsenal must strengthen to challenge Manchester City next year

    June 25, 2023

    Arsenal manager Mikel Arteta has said his side will need to strengthen if they’re to challenge Manchester City for the Premier League next season. Arsenal topped the table for much of the season but dropped points towards the business end, and combined with a 4-1 defeat to Manchester City in April. were pipped to the [...]

  • Euro 2024 mascot: London-based creator on how it was done

    June 24, 2023

    City A.M. sat down with Darran Garnham, founder and chief executive of Toikido and creator of the Euro 2024 mascot. So, what makes a good mascot and what does Uefa tell you is off limits? Let’s find out. How did the Euro 2024 mascot come about? “There was an element of luck to it. The [...]

  • Chelsea owners caught in backlash over investment in French club Strasbourg

    June 22, 2023

    Chelsea and co-owner Todd Boehly are facing a backlash from Strasbourg supporters as they close in on a deal to buy a large minority stake in the French football club. Confirmation is said to be imminent that the Blues have acquired a shareholding of around 40 per cent in the team from Alsace.  Strasbourg would [...]

  • Chelsea begin clear-out and raise almost £100m by selling Havertz and Kovacic

    June 21, 2023

    Chelsea have begun a major squad clear-out and raised almost £100m by agreeing deals to sell Kai Havertz to Arsenal and Mateo Kovacic to Manchester City. Germany forward Havertz, who scored 32 goals in 139 goals during three seasons at Chelsea, is set to move across London to Arsenal for an initial fee of £60m, [...]

  • Q&A: Why Premier League gave Chelsea’s Paramount Plus sponsorship the red card

    June 20, 2023

    Chelsea’s hunt for a new main shirt sponsor hit the news this week when it emerged that the Premier League had refused to sanction a potential deal with Paramount Plus. Here’s why the agreement was not allowed, why this situation isn’t unique to Chelsea or the top division of English football, and what it means [...]

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