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Sports money

  • Manchester United must pay £5m to sack Louis van Gaal at the end of the season

    May 6, 2016

    Manchester United must be prepared to take a £5m hit if they want to sack manager Louis van Gaal this summer. The under-fire coach could earn up to £8m this season if he guides United into the Champions League and beats Crystal Palace in the FA Cup final, according to The Times. Van Gaal is reported [...]

  • Amir Khan v Saul ‘Canelo’ Alvarez purse: British fighter in line for biggest pay cheque of his career to date

    May 5, 2016

    Amir Khan will pick up the biggest purse of any British boxer for five years when he takes on Saul 'Canelo' Alvarez on Saturday night. The Bolton boxer will take home around £9m from the Las Vegas bout — the largest pay cheque earned by a Brit fighter since David Haye made £15m from his 2011 defeat [...]

  • Leicester City: Premier League champions could boost tourism to Britain

    May 3, 2016

    Leicester City's historic Premier League triumph could provide a boost to Britain's £26bn tourism industry, according to experts. The Premier League was already the number one sporting draw for international tourists ahead of this season, but Leicester's incredible against-the-odds campaign could further increase the value of "football tourism" and provide the town with an influx of [...]

  • Leicester City: What will the economic impact from winning the Premier League be on the town itself?

    May 3, 2016

    Leicester's business community could grow at twice the rate of the national average on the back of their football team's incredible Premier League triumph. Analysis from previous against-the-odds football triumphs suggests that the town of Leicester could be in for its own economic boon to match the one on the way to its football club. [...]

  • World Snooker Championship 2016 prize money: Mark Selby wins biggest prize in history at the Crucible

    May 3, 2016

    Mark Selby has clinched the biggest prize in world snooker after beating China's Ding Junhui 18-14 at the Crucible in the World Snooker Championship final. The world No1 takes home £330,000 for his second world title, the biggest single prize in snooker history. Defeated semi-finalists Marco Fu and Alan McManus all earned themselves £66,000 for [...]

  • Arsene Wenger: Banks demanded I sign a five-year deal with Arsenal for Emirates Stadium construction loans

    April 30, 2016

    Arsene Wenger has claimed banks "demanded" he stay at Arsenal when they loaned the club the funds to build the Emirates Stadium. The under-fire manager said that he turned down approaches from a number of other clubs during the period as Arsenal moved out of Highbury and into their new 60,000-capacity home. Arsenal received loans from [...]

  • Leicester City: Former Economist editor set to miss out on £100,000 after forgetting to place annual bet on Foxes to win the Premier League

    April 29, 2016

    For 20 years, former Economist editor and current boss of Bloomberg News John Micklethwait placed a throwaway £20 bet on Leicester to win the league at the beginning of every season. Leicester are just one win away from winning the Premier League but unfortunately for Micklethwait, last summer was also the first time in two decades [...]

  • Leicester City: Claudio Ranieri will receive huge seven-figure bonus for winning the Premier League

    April 29, 2016

    From 5,000/1 rank outsiders to Premier League champions in waiting — Leicester City’s transformation under Claudio Ranieri couldn’t be much more drastic. And the Italian manager, who took over last summer, will be rewarded handsomely should he guide the Foxes to a historic league title that is now just one win from their grasp. Leicester [...]

  • AC Milan who? Alibaba’s Jack Ma laughs off takeover talk

    April 28, 2016

    Alibaba founder Jack Ma has scoffed at reports he is on the verge of buying a controlling stake in Italian football giants AC Milan. Reports had suggested Ma, Asia’s richest man with a net worth of $33.3bn (£22.7bn), was leading a consortium looking to buy a 70 per cent stake in the club currently owned [...]

  • Leicester City: Rise of Ranieri’s men has helped Premier League negotiate sponsorships such as new Tag Heuer deal

    April 27, 2016

    Leicester City's against-the-odds title tilt has strengthened the pull of the Premier League brand for potential sponsors, according to the competition's managing director Richard Masters. From next season, the Premier League is swapping a title sponsor – currently Barclays – for up to seven different commercial partnerships. Swiss watchmaker Tag Heuer was announced as one of those today, [...]

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