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Football finance

  • Tales from the Crypto: Will digital assets save sport sponsorship or prove a horror story?

    March 21, 2022

    When you think of US cable TV giant HBO, blockbuster drama series like Game of Thrones, The Sopranos and The Wire immediately spring to mind. One of the first major triumphs for the network, though, was Tales from the Crypt, a horror anthology inspired by a cult 1950 comic book series. The series was successful [...]

  • World’s richest football clubs: Manchester City top Deloitte Money League for the first time

    March 21, 2022

    Manchester City have been named the world’s richest football club in the latest edition of Deloitte’s Football Money League. City topped the list, which is based on revenue, for the first time after increasing their income to €645m (£571m) in 2020-21 – despite the effects of the pandemic. The Premier League champions climbed five places, [...]

  • Government puts ball in Chelsea’s court: sellers asked to nominate buyer and home for proceeds

    March 17, 2022

    The government is taking a hands-off approach to the sale of Chelsea as the Premier League club’s extraordinary auction enters its final few hours. Despite freezing Roman Abramovich’s assets and only allowing the club to operate within the parameters of a strict licence, the government has indicated that it will not get involved in assessing [...]

  • Lord Coe enters race to buy Chelsea from Abramovich and eyes seat on the board

    March 17, 2022

    World Athletics chief and long-time Chelsea fan Lord Coe has joined Sir Martin Broughton’s bid to buy the club. London 2012 boss Coe, 65, would take a seat on the club’s board if the consortium is successful, according to reports. Best bids are due in tomorrow with US bank the Raine Group, which is selling [...]

  • Chicago Cubs owners the Ricketts family confirm bid for Chelsea with hedge fund boss Ken Griffin

    March 16, 2022

    The owners of Major League Baseball’s Chicago Cubs, the Ricketts family, have confirmed they plan to bid for Chelsea Football Club. The Ricketts family have formed a consortium with billionaire hedge fund manager Ken Griffin to make an offer this week, Sky News reported. “The Ricketts Family, owners of the Chicago Cubs, can confirm they [...]

  • Chelsea: Club face off-field shake-up once Abramovich era ends

    March 15, 2022

    Change is in the air at Stamford Bridge, where a new owner is likely to be installed before the end of the season after Roman Abramovich was forced to put Chelsea up for sale. US bank the Raine Group has told bidders to register their best offers by Friday, with interest reported from suitors in [...]

  • Chelsea ‘remove’ request for behind closed doors FA Cup tie

    March 15, 2022

    Sanction-governed Premier League club Chelsea have ‘removed’ their request to have Saturday’s FA Cup quarter-final match against Middlesbrough played behind closed doors, according to an FA spokesperson. In a statement, the FA said: “After constructive talks between the FA and Chelsea, the club has agreed to remove their request for the FA Cup quarter-final tie [...]

  • FA to consider Chelsea appeal to play Middlesbrough cup tie behind closed doors

    March 15, 2022

    The Football Association has said it will consider Chelsea’s request for Saturday’s FA Cup tie at Middlesbrough to be played behind closed doors. Chelsea appealed to the FA after being denied permission to sell further tickets to its travelling supporters under the terms of its special licence from the government. The Premier League club said [...]

  • Houston Rockets owner latest to weigh Chelsea FC bid amid sale

    March 14, 2022

    The owner of NBA team Houston Rockets, Tilman Fertitta, is said to have expressed interest in purchasing Chelsea Football Club. Fertitta, whose wealth is estimated to be north of £4.5bn, is among a group of potential buyers who have been given access to a data room relating to the sale of the Stamford Bridge club, [...]

  • Chelsea keep going but controversy follows club onto the pitch in ‘sportswashing derby’

    March 13, 2022

    After a week in which Chelsea’s future was plunged into grave doubt by the sanctioning of Roman Abramovich, today’s visit from Newcastle was about keeping going. Keeping going in the Premier League, where their hold on third place suddenly looked less secure; keeping going as a business, if technical advisor Petr Cech’s pre-match comments which [...]

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