Chelsea handed £30m cash boost and permission to sell tickets as government relaxes licence March 23, 2022 Chelsea have been handed a £30m boost from the government and given permission to sell some tickets again. The strict licence that the Premier League club has been operating under since owner Roman Abramovich was sanctioned was relaxed slightly today. It means Chelsea can receive up to £30m from their parent company “in respect of [...]
Arsenal set goal of selling out 60,000-seater Emirates Stadium for women’s game March 23, 2022 Arsenal’s new commercial chief Juliet Slot believes their women’s team can attract sell-out crowds to the 60,000-capacity Emirates Stadium as the club embarks on a wider push behind the Women’s Super League leaders. Arsenal Women switch big games from Boreham Wood FC to Emirates Stadium to allow for bigger attendances and are due to play [...]
Russia labelled ‘trolling infants’ over plans to scupper UK and Ireland Euro 2028 bid March 23, 2022 Russia’s football association has confirmed that it hopes to scupper the UK and Ireland’s bid to host Euro 2028 with a rival proposal. The move drew immediate and fierce condemnation, with MPs accusing Russia and the Russian Football Union (RFU) of behaving like “trolling infants”. England, Wales, Scotland, Northern Ireland and the Republic of Ireland’s [...]
European football to scrap Financial Fair Play for new spending rules March 23, 2022 European football’s governing body Uefa is set to ditch its controversial Financial Fair Play (FFP) rules in favour of new cost-control regulations that will limit clubs’ spending to a proportion of revenue. Teams will only be allowed to spend 70 per cent of their income on transfers and wages under the new rules, which will [...]
UK and Ireland set to be confirmed as hosts of Euro 2028 today March 23, 2022 The UK and Ireland are today expected to be effectively confirmed as joint hosts of Euro 2028 after no other bidders came forward. Russia and Turkey had been in the running but the war in Ukraine caused the former to drop out and the latter lacked the support to rival the UK and Ireland. The [...]
Inside the Super Golf League: Sean Bratches on LIV Golf’s mission to redesign the sport March 23, 2022 It was at the Ryder Cup in Wisconsin six months ago that Sean Bratches accepted Greg Norman’s invitation to join LIV Golf Investments, the vehicle behind long-rumoured plans for a Super Golf League. Former ESPN and Formula 1 executive Bratches had already been working with world No1 turned LIV Golf CEO Norman and the Saudi-backed [...]
First, England. Next, the world? Why those behind The Hundred have big ambitions March 21, 2022 “Every successful brand in the world has to start somewhere, in one geography,” says Nick Sykes, global chief executive of FutureBrand, the company that developed the branding for The Hundred, English cricket’s newest tournament. “But if you look at sporting formats around the world, many of them have travelled geographies and there are large parts [...]
Tales from the Crypto: Will digital assets save sport sponsorship or prove a horror story? March 21, 2022 When you think of US cable TV giant HBO, blockbuster drama series like Game of Thrones, The Sopranos and The Wire immediately spring to mind. One of the first major triumphs for the network, though, was Tales from the Crypt, a horror anthology inspired by a cult 1950 comic book series. The series was successful [...]
World’s richest football clubs: Manchester City top Deloitte Money League for the first time March 21, 2022 Manchester City have been named the world’s richest football club in the latest edition of Deloitte’s Football Money League. City topped the list, which is based on revenue, for the first time after increasing their income to €645m (£571m) in 2020-21 – despite the effects of the pandemic. The Premier League champions climbed five places, [...]
Government puts ball in Chelsea’s court: sellers asked to nominate buyer and home for proceeds March 17, 2022 The government is taking a hands-off approach to the sale of Chelsea as the Premier League club’s extraordinary auction enters its final few hours. Despite freezing Roman Abramovich’s assets and only allowing the club to operate within the parameters of a strict licence, the government has indicated that it will not get involved in assessing [...]