Two IPL team owners battle to buy Manchester Originals in Hundred sale October 9, 2024 The interest is a significant boost for England cricket chiefs’ much-maligned sales process.
Manchester City say Premier League rule is now void. Lawyers disagree October 8, 2024 Lawyers have shot down claims by Manchester City that the Premier League’s associated party transaction (APT) rules should be considered “void” following the club’s partially successful legal challenge. In a letter to the other 19 top-flight clubs, Manchester City general counsel Simon Cliff said APT rules – designed to prevent clubs benefiting from artificially inflated [...]
US group in talks to buy Sheffield United from Saudi prince October 8, 2024 Sheffield United are in takeover talks with an American consortium led by private equity boss Steven H Rosen. Rosen is the co-founder of Resilience Capital Partners, which mostly backs manufacturing and aerospace companies and has raised or advised on more than £500m of investments. He is leading negotiations on behalf of a US consortium with [...]
Manchester City defeat Premier League over financial rules October 7, 2024 The Premier League has suffered another blow to its regulatory powers after Manchester City partially won a challenge to rules on associated party transactions (APT). An independent arbitration panel agreed with the current champions that some elements of the APT rules did not comply with competition and public law requirements, and that clubs should be [...]
EFL calls for businesses as it kicks off innovation programme October 7, 2024 The English Football League (EFL) is calling for businesses to join its first innovation programme and develop their products by working with its 72 professional clubs. The EFL Innovation Lab is a partnership with corporate innovation specialist L Marks aimed at “suppliers, start-ups and scale-ups” and targeted at four key areas of business. They are [...]
Fifa embarrassed, more player power, forced transfers: Legal verdicts on the Diarra ruling October 7, 2024 Like the Bosman ruling to which it has been compared, the shockwaves from Lassana Diarra’s victory over Fifa’s current transfer rules at the European Court of Justice may take months, perhaps even years, to be felt in full. But legal experts are in agreement that Friday’s ECJ verdict in Brussels marks a watershed moment in [...]
‘Worst defeat since I’ve been here’: Postecoglou fumes at Spurs collpase October 6, 2024 Tottenham Hotspur manager Ange Postecoglou railed against the worst defeat of his tenure after his side tossed away a two-goal lead to lose 3-2 at Brighton and Hove Albion. Spurs looked on course for a sixth straight win when Brennan Johnson and James Maddison gave them a deserved half-time lead but Brighton came roaring back [...]
‘We’re all on one page’: Ten Hag rejects sack fears after United’s worst start October 6, 2024 Manchester United manager Erik ten Hag insists he doesn’t fear the sack after the club’s hierarchy watched them continue their dismal form at Aston Villa. The goalless draw means United have made their worst start to a Premier League season, with eight points from seven games beating their previous lowest tally – last year under [...]
Chelsea investor in talks for landmark stake in Miami Dolphins October 3, 2024 Chelsea investor Ares Capital is in talks with the owner of the Miami Dolphins to become the first private equity firm to buy a stake in an NFL franchise. The New York-headquartered asset manager is negotiating the purchase of a 10 per cent stake in the Dolphins’ parent company, according to multiple reports. The deal [...]
Chelsea squad worth €1.4bn. Rest of Conference League combined? €1.5bn! October 3, 2024 Favourites for the Europa Conference League Chelsea have a squad value of €1.4bn, just €100m less than the other 35 teams combined. The research by TransferRoom also shows the Londoners to be valued at over €1bn more than their closest rivals, Fiorentina. Enzo Maresca’s side are the overwhelming favourites to win the title. The calculations [...]