Financial Fair Play is not about making football more competitive, says one of the executives behind the new rules September 7, 2021 Proposed changes to European football’s Financial Fair Play (FFP) rules will not address concerns about competitive balance, says one of the executives involved. New regulations involving a salary cap and luxury tax are set to replace the current, 10-year-old framework, which is loosely based on breaking even. Economists and legal experts have warned that the [...]
World 12s: Plans unveiled for rugby union’s £250m answer to the Indian Premier League, featuring eight franchises playing 12-a-side, 30-minute matches September 7, 2021 Some of rugby union’s biggest names have announced plans to launch a new 12-a-side tournament, World 12s, in England next year. The competition would feature eight franchise teams playing in 30-minute matches over three consecutive weekends in August and September. World 12s chairman Ian Ritchie, the former head of the Rugby Football Union and Premiership [...]
European Club Association boss Al-Khelaifi promises loan fund for clubs hit by pandemic, Financial Fair Play shake-up and Uefa joint venture September 6, 2021 Nasser Al-Khelaifi, the chairman of the European Club Association, has outlined a series of measures that he says will bring “urgent financial stability” to the game across the continent. Al-Khelaifi, also the president of Paris Saint-Germain and chairman of the beIN Media Group, promised a multi-billion Euro loan facility and new Financial Fair Play rules [...]
World Cup farce as Brazil v Argentina qualifier abandoned as health officials enter pitch to demand deportation of Argentina players September 6, 2021 A Brazil v Argentina World Cup qualifier was abandoned after Brazilian health officials demanded the deportation of three England-based Argentinian players for failing to quarantine. Officials walked onto the pitch just six minutes into the game in Sao Paulo last night to insist that the trio of Premier League players – Aston Villa goalkeeper Emiliano [...]
West Ham United and the London Stadium have been good for each other – legacy chiefs should do a new deal to give the club more control September 2, 2021 This isn’t the article I expected to write; I went back to the London Stadium to bury it not to praise it. Instead, I came away with a deeper understanding of just what a valuable asset West Ham United Football Club has become. Nine years on from London 2012 and four from the World Athletics [...]
Honda to sponsor England Rugby and RFU in long-term deal that includes naming rights for team’s Pennyhill Park training centre September 1, 2021 Honda has become a major sponsor of England Rugby and governing body the Rugby Football Union (RFU) in a long-term, multi-year deal. England’s Pennyhill Park training base will be renamed the Honda England Rugby Performance Centre as part of the arrangement. The deal will also see the car maker’s branding appear on the kits of [...]
Premier League summer spending falls to 2015 levels as clubs seek value in football’s post-Covid transfer market September 1, 2021 Premier League clubs cut their summer transfer spending to the lowest level since 2015 in response to the pandemic. Gross spending by England’s top-flight teams in the summer window, which closed last night, fell 11 per cent to £1.1bn, according to analysis by Deloitte. Net spending was down 38 per cent to £560m, and both [...]
DAZN to quadruple prices for UK subscribers weeks after luring boxing promoter Matchroom from Sky in £100m deal August 31, 2021 Sports streaming service DAZN has announced a four-fold increase in its monthly subscription fee for UK users. The platform will increase in price to £7.99 per month from the end of September, it told customers today. DAZN, which owns premium boxing rights, launched in the UK at an introductory price of £1.99 eight months ago. [...]
Cristiano Ronaldo completes Manchester United return for initial fee of £13m August 31, 2021 Cristiano Ronaldo has officially completed his return to Manchester United from Juventus on transfer deadline day for an initial fee of €15m (£13m). The Italian club confirmed the terms of the blockbusting transfer this morning. The fee could rise to €23m if Ronaldo and United hit certain targets. United announced the completion of the deal [...]
A brief history of cryptocurrency in football – and how blockchain technology might shape our experience of the game in future August 30, 2021 Bitcoin and cryptocurrency have reimagined finance and money as concepts. Now more than ever, however, blockchain technology and, more specifically, NFTs and tokens are disrupting everything else. And that includes human culture. NFTs especially have captivated millions of people around the world. This is because we, as humans, have an innate desire to collect and [...]