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Football finance

  • Premier League takes slow road to first NFT deal

    March 1, 2022

    Driven by the extraordinary early success of the NBA’s Top Shot digital collectibles, NFTs were the talk of the sports industry when the Premier League dipped its toe into the market last year. It launched a tender process, inviting bidders to submit proposals for a range of officially licensed Premier League NFTs, which was due [...]

  • Everton backer Usmanov has assets frozen by EU over Putin links

    March 1, 2022

    Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]

  • Uefa terminates £100m Gazprom sponsorship as sport shuts out Russia

    February 28, 2022

    European football’s governing body Uefa has confirmed the termination of its long-standing sponsorship deal with Russian state energy company Gazprom. The move came as Uefa banned Russian teams from its international and club competition following the country’s invasion of Ukraine. “Uefa has today decided to end its partnership with Gazprom across all competitions,” it said. [...]

  • Sport is guilty of shutting its eyes to Russia’s geopolitical ambitions

    February 27, 2022

    Roman Abramovich’s near 20-year ownership of Premier League club Chelsea has been shrouded in mystery and therefore subject to constant scrutiny and speculation. Indeed, until the weekend, it remained unclear why he is there and what he is seeking to achieve. The oligarch has denied having direct links with Vladimir Putin but has been seen [...]

  • Chelsea facing calls to clarify Roman Abramovich role

    February 27, 2022

    Chelsea are facing calls to publicly clarify Roman Abramovich’s role after he said he had handed the club’s “stewardship and care” to trustees of its charitable foundation. Ministers have been urged to seize billionaire Abramovich’s assets on the basis of his links to the Russian state in the wake of the country’s invasion of Ukraine. [...]

  • Carabao Cup has enough fizz to make business sense despite what its critics say

    February 25, 2022

    The Carabao Cup, which concludes on Sunday when Chelsea play Liverpool at Wembley, is perennially fending off calls for its demise and remains the butt of many a joke. Its future beyond 2024 remains uncertain, when an expanded Champions League is set to tighten the squeeze on English football’s secondary domestic cup competition. And it [...]

  • Uefa calls meeting to move Champions League final from Russia

    February 24, 2022

    European football’s governing body Uefa has called an extraordinary meeting for tomorrow morning when it is expected to strip Russia of the Champions League final. St Petersburg had been due to stage the biggest game in club football on 28 May but Russia’s invasion of Ukraine this week has seen pressure on Uefa to move [...]

  • Jury out on Crystal Palace gamble ahead of reunion with Hodgson

    February 22, 2022

    Crystal Palace face Roy Hodgson’s Watford tomorrow in a match that serves as a reminder of both their recent past and the significant gamble they have made on their future.  After almost four unadventurous but reliable years under Hodgson, last summer Palace traded in the former England manager for a decidedly sexier brand of football [...]

  • No plans to move Champions League final from Russia, says Uefa

    February 22, 2022

    European football chiefs Uefa say there are no plans to move the Champions League final from St Petersburg despite Russia invading Ukraine. The final of club football’s most prestigious competition is due to take place at the Gazprom Arena in the Russian city on 22 May.  “Uefa is constantly and closely monitoring the situation,” the [...]

  • TV row comes back to bite Turkish football’s Super Lig rights sale

    February 20, 2022

    Turkish football provided one of the most bizarre stories of last year when Fenerbahce president Ali Koc waged a public relations war with broadcaster BeIN Sports. Koc attempted to blame BeIN for bad results, cooking up an implausible conspiracy theory that it was manipulating replays shown to the video assistant referee to penalise his team. [...]

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