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Sports money

  • FC Barcelona: Regulators tighten loophole and cut Spanish giants’ spending power

    February 8, 2023

    FC Barcelona are facing a setback to their on-field resurgence in the form of a crackdown on their exploitation of so-called “economic levers”, City A.M. can reveal. The Spanish club, on course to end their four-year wait for another LaLiga title, have attracted the attention of domestic and European regulators with their innovative capital-raising. Last [...]

  • Manchester City hire £10,000-an-hour Boris Johnson Partygate barrister to fight Premier League charges

    February 8, 2023

    Manchester City have hired the barrister who advised Boris Johnson over Partygate, Lord Pannick KC, to defend them against more than 100 charges brought by the Premier League. Pannick is one of the country’s leading barristers and can command fees of £10,000 an hour – equivalent to City top earner Kevin de Bruyne’s £400,000 salary, [...]

  • Juventus: Why Italian football’s latest scandal has sent its most successful club tumbling down Serie A – and what it means for Tottenham Hotspur and plans for a European Super League

    February 7, 2023

    While Manchester City are facing claims they systematically broke financial rules, Juventus have already been docked points for their own scandal in Serie A – and it might be about to get worse. Heard the one about the serial domestic champions brought to heel over allegations of systematic abuse of financial regulations? Except this isn’t [...]

  • Why have Manchester City been charged by the Premier League? What punishment can they face? Will it affect the title race or fellow big-spenders Chelsea?

    February 6, 2023

    The Premier League hit Manchester City with an unprecedented volume of charges for alleged breaches of financial rules on Monday, but what happens next? What punishment could City face if found guilty? And what does it mean for the title race, and other big-spending clubs such as Chelsea? Read on to find out. What has [...]

  • Manchester City’s most successful era now has an asterisk after Premier League hit them with over 100 charges

    February 6, 2023

    Manchester City are facing the threat of expulsion from the Premier League after the English champions were accused of the biggest financial scandal in the competition’s history. City were yesterday charged with more than 100 alleged rule breaches dating back to 2009, including falsely reporting income and the salaries of players and managers, and failing [...]

  • Football league club chairman makes radical suggestion to help non-league teams – and believes it could get majority backing

    February 6, 2023

    English football is facing fresh calls to overhaul promotion and relegation and make it easier for non-league clubs to climb the men’s pyramid. The number of teams promoted from the National League to League Two should increase from two to three, argues Grimsby Town chairman Jason Stockwood. Stockwood, writing in the Guardian, says there may [...]

  • ‘Robin Hood powers’: Here’s what a football regulator WILL and WON’T be able to do, according to reports

    February 2, 2023

    A new independent football regulator will be given powers to step in and resolve the sport’s financial row, according to a report. The regulator will also oversee a more robust owners’ and directors’ test and introduce a licensing system paid for by clubs to ensure they are being run sustainably, The Sun reported. The newspaper [...]

  • Carry on spending: Why experts believe the Premier League’s record breaking transfer window sprees are here to stay

    February 1, 2023

    Premier League clubs have been tipped to continue raising the bar for spending after smashing all major records in the January transfer window. Chelsea set a new British transfer benchmark last night with the deadline-busting £107m signing of Benfica and Argentina midfielder Enzo Fernandez. The £275m spent on the final day and total £815m forked [...]

  • From Andy Carroll to Virgil van Dijk and Mykhailo Mudryk: Here are the five biggest transfer windows in Premier League history

    February 1, 2023

    Premier League clubs took their January transfer window spending to unprecedented levels last month with a combined outlay of more than £550m. Here are the top five busiest January transfer windows in Premier League history, ranked by fees paid. 2023: £550m+ Chelsea led the way in the Premier League’s biggest winter window to date, signing [...]

  • Chelsea smash British transfer record for Enzo Fernandez as Premier League clubs set new benchmark in January window

    January 31, 2023

    Chelsea set a new British transfer record by agreeing the signing of Enzo Fernandez as Premier League clubs underlined their financial strength on deadline day. The Blues struck an 11th-hour deal worth £107m with Benfica for Argentina midfielder Fernandez, who will arrive in London on Wednesday to begin an eight-and-a-half year contract. It took Premier [...]

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