Chelsea in race to find new backer or risk administration as Abramovich sanctions bite March 10, 2022 Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]
Branding and product partnerships push football clubs into the fintech arena, and vice versa March 10, 2022 The fintech industry has never been fiercer. Funding levels have reached astronomical levels, as new ideas percolate throughout the financial ecosystem, meaning more and more fintechs are becoming experts and pioneers in a very specific aspect of the financial landscape. By adopting a collaborative as opposed to a competitive mindset, firms are given a platform [...]
Chelsea match given go-ahead by Premier League despite Abramovich sanctions March 10, 2022 The Premier League has said Chelsea can face Norwich City as planned this evening despite the sanctioning of Roman Abramovich. Uncertainty surrounds the future of the club after Abramovich had his assets frozen by the UK government over his alleged links to Russia and its prime minister Vladimir Putin. “Following the UK Government’s announcement that [...]
Explained: What Roman Abramovich sanctions mean for Chelsea sale, matches and transfers March 10, 2022 The future of Chelsea FC has been plunged into uncertainty after owner Roman Abramovich was sanctioned by the UK government today. Abramovich has had his assets frozen because of his links to Russia and its prime minister Vladimir Putin, and that has major ramifications for the Premier League club’s operations and his plan to sell [...]
Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead March 10, 2022 I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]
Super League, Mbappe and at loggerheads over lunch: the feud between PSG and Real Madrid March 9, 2022 In the hours before Paris Saint-Germain beat Real Madrid in the Champions League last month, their respective presidents met for a traditional pre-match lunch that summed up the antipathy between the two clubs. Real Madrid president Florentino Perez arrived late to the Pavillon Ledoyen restaurant near the Champs Elysees. Nasser Al-Khelaifi, the Qatari president of [...]
Teddy Sheringham: Harry Kane should leave Spurs if he wants to win trophies March 7, 2022 Harry Kane should make a renewed push to leave Tottenham Hotspur this summer if he wants to win trophies, says Teddy Sheringham. Former Spurs hero Sheringham believes Manchester City would still be interested in signing Kane, having failed with several offers for the England striker last year. “If he looks at the situation at Tottenham [...]
Asian Tour and Ladies European Tour team up for mixed golf tournaments March 7, 2022 The Asian Tour and Ladies European Tour have joined forces to organise two mixed gender tournaments this year. The Asian Mixed Cup and Asian Mixed Stableford are both scheduled to take place in Thailand next month. Each will feature 60 Asian Tour players and 60 Ladies European Tour players playing for the same trophy and [...]
Football match-fixing on rise as ‘lone wolves’ take it to lower leagues and even youth level March 6, 2022 It is almost 30 years since Bernard Tapie’s Marseille were found to be match-fixing in French football and more than 15 since the Calciopoli scandal rocked Serie A. Yet far from being consigned to the past, the manipulation of results is on the rise across sport and becoming more prevalent outside of football’s top divisions, [...]
Abramovich sale of Chelsea could take place next week, says Premier League March 3, 2022 The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]