How Premier League clubs may have avoided paying £250m in tax March 30, 2023 Premier League clubs may have avoided paying up to £250m in tax, experts have warned. The Tax Policy Associates say that the 20 top flight clubs could have cost a quarter of a billion in lost tax between 2019 and 2021, and £470m since 2015. The group says in their report that: “Football clubs at [...]
English clubs still want to join a European Super League, says Barcelona chief March 22, 2023 Leading English football clubs are still interested in joining a European Super League despite renouncing the project, says Barcelona president Joan Laporta. Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur all backed out of the breakaway shortly after it was announced in April 2021. Barcelona, Real Madrid and Juventus remain keen to press [...]
Liverpool have ‘identified potential investors’, says owner John Henry March 7, 2023 Liverpool owner John Henry says they have “identified potential investors” but that his group’s commitment to the football club “remains stronger than ever”. Henry’s comments appear to open the door to the sale of a minority stake in the Premier League team, having appointed bankers to test the market late last year. But they also [...]
Liverpool humiliate Manchester United with 7-0 Premier League drubbing March 5, 2023 The Kop descended into hysteria yesterday evening as Liverpool inflicted a record loss on big rivals Manchester United in the Premier League. The 7-0 drubbing at Anfield saw Mohamed Salah net a brace and score his 128th and 129th Premier League goals for the Reds which took him beyond Robbie Fowler’s Liverpool record. Cody Gakpo [...]
Weekend in sport: What’s on, when is it on and what channel is it on? March 3, 2023 The return of the Formula 1 season is the height of the sport action this weekend but domestic football and rugby, as well as the inaugural Women’s Premier League cricket continues. Here’s what you must watch this weekend. Golf: Arnold Palmer Invitational, Thursday – Sunday The PGA Tour continues this week with the Arnold Palmer [...]
Former Chelsea bidder hints at interest in Liverpool and Manchester United March 1, 2023 Former Chelsea bidder Stephen Pagliuca has hinted that he could be interested in buying Liverpool or Manchester United but says he won’t be sucked into overpaying. The private equity veteran and co-owner of Italian club Atalanta and the NBA’s Boston Celtics missed out on Chelsea to Todd Boehly’s consortium last year. Pagliuca says he is [...]
Kop of living crisis: Soaring bills hit Liverpool’s bottom line February 28, 2023 It seems that even the world’s richest football clubs are not immune to the cost of living crisis after soaring bills put a dent in Liverpool’s profits. The Premier League club achieved record revenues of £594m last season but turned a pre-tax profit of just £7.5m following a steep rise in matchday overheads. The return [...]
The gap between the football brand behemoths and the rest is likely to grow February 23, 2023 The bidders for football club Manchester United are now in a virtual data room, filling their spreadsheets and compiling their questions. The job of the Glazer family’s investment banking advisors, Raine Group, is now to find ways to squeeze every possible dollar out of this football asset. One trick of the bankers’ trade is to [...]
Do Real Madrid have Liverpool’s number? Why the Spanish giants have become the Reds’ Champions League nemeses February 21, 2023 At their best Liverpool have been irresistible under Jurgen Klopp, the most vivid expression yet of the German’s high-octane vision of football – except, it seems, when facing Real Madrid. Klopp has led the Reds into battle with the Spanish giants four times since he took the helm at Anfield in 2015. They have lost [...]
Liverpool supporters sue Uefa: 600 fans demand compensation for Champions League crowd trouble that ‘ruined lives’ February 14, 2023 Hundreds of Liverpool supporters have launched a legal claim for compensation from Uefa after European football’s governing body was blamed for the crowd trouble at last year’s Champions League final. Law firm Leigh Day is representing more than 600 Reds supporters who they say “should be recompensed for the trauma they experienced” during chaotic scenes [...]