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Football finance

  • Tottenham Hotspur owner Joe Lewis indicted for ‘orchestrating a brazen insider trading scheme’

    July 26, 2023

    British billionaire and Tottenham Hotspur owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has [...]

  • England footballers probed by advertising watchdog over promotion of Supreme CBD

    July 25, 2023

    Three former England footballers are the subject of investigation by the Advertising Standards Authority over their promotion of CBD products. Ex-internationals Paul Merson, Chris Kirkland and Alan Thompson have collectively posted almost 200 tweets about the Supreme CBD brand. The CAP Code, which applies to influencer marketing, requires anyone promoting a brand on social media [...]

  • Kylian Mbappe: Paris Saint-Germain accept world record £259m bid from Al-Hilal

    July 24, 2023

    Saudi Pro League side Al-Hilal have kicked off a transfer scramble for Kylian Mbappe by tabling a package worth €1bn (£865m) for the France and Paris Saint-Germain striker. PSG accepted Al-Hilal’s offer, which  includes a potential world record transfer fee of €300m (£259m) and a contract worth €700m (£605m) a year for Mbappe. The 24-year-old [...]

  • Ed Warner: I found a solution to cricket’s privilege problem in the South Downs

    July 20, 2023

    Cricket can tackle its elitism problem by supporting initiatives take the sport to new audiences such as disadvantaged kids, says Ed Warner. Back in my investment banking days, I was responsible from across the Atlantic for a US research department. Every time I headed for JFK after a visit to my team of analysts I [...]

  • Fifa Women’s World Cup already breaking ticket records

    July 20, 2023

    The ninth Women’s World Cup is set to kick-off today in Australia and New Zealand having already set a new record for tickets sales. Organisers have sold 1.4m seats for the tournament, eclipsing the previous benchmark of 1.35m tickets bought at the 2015 edition in Canada. Co-hosts Australia have sold out of regular seats at [...]

  • 2023 Women’s World Cup: Prize money up three-fold – but Lionesses in bonus row

    July 18, 2023

    The Women’s World Cup may not have kicked off yet but it has already been hailed as a transformative moment in the growth of the game, with prize money increasing more than three-fold and, for the first time, most of it being paid directly to players.  But some financial issues, including a bonus row between [...]

  • Fan-owned AFC Wimbledon named best-run club in English football

    July 17, 2023

    AFC Wimbledon are the best-run club in English football, according to a new report on the future funding of the game by campaigners Fair Game. The Fair Game Index rates all 92 teams in the top four divisions in four areas: financial sustainability, governance, fan engagement and equality standards. Wimbledon achieved the highest score of [...]

  • Harry Kane wants to join us, says Bayern Munich president

    July 16, 2023

    Bayern Munich chiefs are increasingly confident of signing England captain Harry Kane despite seeing two offers rejected by Tottenham Hotspur. The Bundesliga champions held negotiations with Spurs chairman Daniel Levy last week and have also had talks with Kane’s camp. Tottenham dismissed a second bid of £68m last week but Bayern honorary president Uli Hoeness [...]

  • Manchester City receive biggest payout for releasing players for 2022 World Cup

    July 15, 2023

    Manchester City received $4.6m (£3.51m), the biggest payout of any club, for releasing players for last year’s World Cup in Qatar. City’s compensation from world governing body Fifa narrowly beat Barcelona’s $4.54m and the $4.33m paid to Bayern Munich. Real Madrid and Paris Saint-Germain, who both received $3.84m, completed a top five monopolised by leading [...]

  • London tops British entries in top 100 sports cities index

    July 15, 2023

    London and Manchester have been named in the top five of a list of the top 100 sporting cities, according to recent data. The BWC 2023 Ranking of Sports Cities placed London in third and Manchester in fifth on the 100-city list. The capital was second on the list in 2021 and third in 2022 [...]

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