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Football finance

  • Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers

    May 4, 2022

    Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]

  • Chelsea sale: Deal plunged into doubt after U-turn on loan repayment – reports

    May 3, 2022

    Fresh doubt surrounds the proposed sale of Chelsea after it was reported that owner Roman Abramovich wants to change the structure of the deal.  Having previously indicated that he was willing to write off more than £1.5bn of debt owed by the club to another of his companies, he is now said to have asked [...]

  • Paul Merson: Football should do more to stop lives being ruined by gambling addiction

    May 3, 2022

    Former footballer and reformed addict Paul Merson believes the sport should do more to stop players falling prey to gambling problems. Merson also battled alcohol and drugs during a career that nevertheless gleaned league titles, European trophies and playing at World Cups for England.  The ex-Arsenal forward, 54, was driven to the brink of suicide [...]

  • English football regulator may be constrained by conflicting aims, says legal expert

    May 2, 2022

    An independent regulator of English football may be rendered toothless by conflicting aims, says a legal expert on the running of the sport. The Government last week announced plans to create a regulator as part of its response to former sports minister Tracey Crouch’s Fan-Led Review of Football Governance.  But Stuart Hatcher, a corporate lawyer [...]

  • Football super-agent Mino Raiola dies aged 54

    April 30, 2022

    Dutch-Italian football agent Mino Raiola has died at the age of 54. The football super-agent, who shot to fame for his work with football legends including Paul Pogba and Mario Balotelli, died after suffering a period of sickness lasting several months, according to reports. Raiola’s family confirmed his death in a statement via Twitter, as [...]

  • Football super-agent Mino Raiola fighting for his life, reports say

    April 28, 2022

    Football super-agent Mino Raiola – who manages the likes of Paul Pogba, Zlatan Ibrahimović and Erling Haaland – is said to be fighting for his life after early reports suggested the Italian had died. Italian reports broke news of Raiola’s alleged death before agency Ansa reported that Dr. Alberto Zangrillo of San Raffaele hospital had [...]

  • Chelsea price is a steal – English clubs will be worth $10bn soon, says banker selling club

    April 28, 2022

    The banker running the sale of Chelsea FC says the club would be a bargain even if it fetches £2.5bn, a record price for a sports team. Joe Ravitch, co-founder of US bank the Raine Group, said he expected Premier League clubs to be worth several times more very soon. “My guess is that Chelsea [...]

  • Hull City owning Turkish media mogul to fly in reality TV contestants for final game of season

    April 27, 2022

    Championship football club Hull City are set to have some unusual guests at their final game of the season: contestants from the Turkish version of reality TV show Survivor. The contestants are due to be flown in especially from the Dominican Republic, where they are currently filming, for the match against Nottingham Forest next week, [...]

  • Chelsea: End in sight as remaining bidders set out final pitches for club

    April 26, 2022

    The final three bidders in the race to purchase Premier League outfit Chelsea are in London to make their final pitches for the Blues. Todd Boehly – co-owner of the LA Dodgers baseball team – and his consortium set out their stall on today with the other two pitches – headed up by former Liverpool [...]

  • Chelsea sale: Todd Boehly bid wins backing from influential former player Paul Canoville

    April 26, 2022

    Influential former Chelsea player Paul Canoville has thrown his weight behind Todd Boehly’s bid to buy the club. Canoville, who has a suite named after him at Stamford Bridge, has come out in support of the Boehly consortium after holding talks with all three remaining bidders. “This is by far the best fit for Chelsea [...]

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