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Football finance

  • Newcastle to kick off spending spree with £12m Trippier

    January 5, 2022

    Newcastle United have agreed a £12m deal to make England full-back Kieran Trippier their first signing since the club’s Saudi takeover. Former Tottenham Hotspur and Burnley defender Trippier, 31, is poised to join from Spanish champions Atletico Madrid. The signing is widely expected to signal the start of a spending spree by Newcastle, who became [...]

  • Ed Warner: Why 2022 is the year of the sportswash

    January 5, 2022

    A city without snow and a state in the desert. Obvious places to hold the Winter Olympics and World Cup if you are the International Olympic Committee and football governing body Fifa. Welcome to 2022, the Year of the Sportswash. The principal outdoor venues for Beijing 2022 are – on a good day – 90 [...]

  • Serbian-born TV mogul enters £100m deal to buy majority stake in Saints

    January 4, 2022

    Southampton have confirmed a takeover deal led by Serbian-born cable television mogul Dragan Solak in a deal thought to be worth £100m. Solak is the lead investor of Sport Republic, who have purchased the shareholding of the club held by current owner Gao Jisheng (80%). They will work in partnership with Katharina Liebherr, who retains [...]

  • Best of 2021: Athletic Bilbao’s two Copa del Rey finals, unique philosophy, and the roles of identity and loyalty in sporting success

    January 2, 2022

    Athletic Bilbao are mid table in LaLiga but maintain their devotion to loyalty and philosophy. Here, Frank Dalleres looks at the oldest club in the Spanish top-flight. Originally published 31 March 2021. Athletic Bilbao manager Marcelino Garcia Toral could be forgiven for using the old cliche about every game feeling like a cup final. That’s [...]

  • Deloitte’s sport business forecast: Women’s football to reach new heights in 2022

    December 31, 2021

    This year has been one to remember for women’s football, with further significant growth in the women’s game, including a £30m sponsorship deal announced for the FA Women’s Super League and Women’s Championship, marking a new record for investment in women’s sport in the UK.  More broadly beyond the UK, according to Deloitte’s analysis, 19 of the top 20 revenue [...]

  • Chelsea’s annual loss tops £145m despite increased turnover

    December 30, 2021

    Chelsea FC have announced an annual loss of £145.6m after tax in the year leading to 30 June 2021. The club, owned by Roman Abramovich since 2003, did however increase its turnover to £416.8m – up from £387.8m. Chelsea are currently third in the Premier League and are reigning European Champions, having beaten Manchester City [...]

  • Manchester United striker Anthony Martial tells club of wish to leave

    December 27, 2021

    Manchester United striker Anthony Martial has told Ralf Rangnick, the club’s interim manager, that he wishes to leave the club. The Frenchman joined the Old Trafford club from Monaco in 2015 for £36m – then a transfer record for a teenage footballer. Since then, he has played 268 times for United, netting 79 times. Rangnick [...]

  • Best of 2021: Why Saudi Arabia bought Newcastle United

    December 27, 2021

    In this article, originally published in October, sports business expert Professor Simon Chadwick explains the strategic background to the takeover of Newcastle United by a consortium headed by Saudi Arabia’s Public Investment Fund – and why it about much more than football. After years of speculation, prevarication and consternation, Saudi Arabia has at last sealed [...]

  • Sports law year in review 2021: Were our predictions right?

    December 26, 2021

    In December 2020, while others may have been preparing for muted New Year’s Eve celebrations in light of the new coronavirus variant, we were busy making sports law predictions for the year ahead for City A.M. In summary, we predicted a rise in data-related disputes on the back of Project Red Card, the further growth [...]

  • Best of 2021: Football training can be safer with VR technology

    December 26, 2021

    Technology is ever-changing, and that includes in sport too. Matt Hardy took a look at how new VR could revolutionise the way football teams train. Originally published on October 15. A whipped cross and a powerful header towards goal are staples of football and the essence of set-piece tactics used by every football team. But [...]

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