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Football finance

  • Chelsea FC: Candy wants a fan representative on board

    March 13, 2022

    Potential Chelsea FC buyer Nick Candy wants a ‘fan representative’ on a future board and will offer short-term funding to secure the club. The property developer is one of a series of interested parties looking to buy the London club, who’s sanctioned owner, Romain Abramovich, put up for sale. Candy is a childhood Chelsea supporter [...]

  • Chelsea in race to find new backer or risk administration as Abramovich sanctions bite

    March 10, 2022

    Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]

  • Chelsea match given go-ahead by Premier League despite Abramovich sanctions

    March 10, 2022

    The Premier League has said Chelsea can face Norwich City as planned this evening despite the sanctioning of Roman Abramovich. Uncertainty surrounds the future of the club after Abramovich had his assets frozen by the UK government over his alleged links to Russia and its prime minister Vladimir Putin. “Following the UK Government’s announcement that [...]

  • Explained: What Roman Abramovich sanctions mean for Chelsea sale, matches and transfers

    March 10, 2022

    The future of Chelsea FC has been plunged into uncertainty after owner Roman Abramovich was sanctioned by the UK government today. Abramovich has had his assets frozen because of his links to Russia and its prime minister Vladimir Putin, and that has major ramifications for the Premier League club’s operations and his plan to sell [...]

  • Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead

    March 10, 2022

    I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]

  • Super League, Mbappe and at loggerheads over lunch: the feud between PSG and Real Madrid

    March 9, 2022

    In the hours before Paris Saint-Germain beat Real Madrid in the Champions League last month, their respective presidents met for a traditional pre-match lunch that summed up the antipathy between the two clubs. Real Madrid president Florentino Perez arrived late to the Pavillon Ledoyen restaurant near the Champs Elysees. Nasser Al-Khelaifi, the Qatari president of [...]

  • Premier League suspend broadcast deal in Russia over Ukraine invasion

    March 8, 2022

    The Premier League has today suspended its broadcast deal with Russian broadcast partner Okko Sport over the country’s invasion of Ukraine. The organisation will also donate £1m to support the Ukrainian people. This comes days after Chinese state broadcasters refused to show parts of Premier League games where there would be organised displays of solidarity [...]

  • Teddy Sheringham: Harry Kane should leave Spurs if he wants to win trophies

    March 7, 2022

    Harry Kane should make a renewed push to leave Tottenham Hotspur this summer if he wants to win trophies, says Teddy Sheringham. Former Spurs hero Sheringham believes Manchester City would still be interested in signing Kane, having failed with several offers for the England striker last year. “If he looks at the situation at Tottenham [...]

  • Abramovich sale of Chelsea could take place next week, says Premier League

    March 3, 2022

    The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]

  • Clock ticking on Roman Abramovich after he puts Chelsea up for sale

    March 2, 2022

    Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]

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