LIV Golf will pay fines and legal costs for players who defy tours, says boss Greg Norman May 11, 2022 Greg Norman says LIV Golf will ensure players are not financially penalised if they defy the main men’s tours and play in the new series of big-money tournaments. Norman, the chief executive and commissioner of Saudi-backed LIV Golf, has pledged to cover any fines that players incur and fund legal action to repeal any bans [...]
LIV Golf boss Greg Norman blasts PGA Tour for refusing to release players for London event May 11, 2022 Greg Norman, the head of the big-money LIV Golf Invitational Series, has criticised the PGA Tour for refusing to release its players for the inaugural event in London next month. England’s Lee Westwood and six-time major winner Phil Mickelson are among the stars to have asked to be released by the PGA Tour, which said [...]
Alexandra Armas interview: Ladies European Tour chief on Aramco Team Series, growing prize money and selling women’s golf May 10, 2022 Alexandra Armas, the former golfer now running the Ladies European Tour, concedes she feels mixed emotions as the season prepares to go up a notch in Thailand this week. There is satisfaction that this campaign will be the biggest and most lucrative yet in the tour’s history, with 34 events on a schedule that takes [...]
Manchester City win race to sign hot property Erling Haaland for knockdown £64m May 10, 2022 Manchester City have won the race to sign one of world football’s hottest properties, Norway striker Erling Haaland, according to widespread reports. Haaland was also wanted by Real Madrid after scoring 85 goals in 88 games for German club Borussia Dortmund but has opted to move to England this summer. City are expected to pay [...]
Liverpool part-owner RedBird Capital Partners makes approach to buy AC Milan – reports May 5, 2022 RedBird Capital Partners, the US investment firm with a minority stake in Liverpool’s owners, is interested in buying AC Milan, according to reports. RedBird has approached AC Milan’s owners, US hedge fund Elliott Management, about a possible deal for the Italian football club, reports Mark Kleinman for Sky News. Bahrain’s Investcorp had been expected to [...]
Ed Warner: The metaverse, Web3 and what it means for football club valuations May 5, 2022 In this week’s column, Ed Warner delves into the metaverse’s possible ramifications for the business of sport and considers the latest twists in the Chelsea sale saga. It was the shoes that put me in my place. Queuing to enter the SportsPro Live jamboree at The Oval last week, I scanned the footwear of my [...]
Chelsea facing administration unless Roman Abramovich drops plans to call in £1.5bn debt May 4, 2022 Chelsea owner Roman Abramovich will likely have to drop plans to call in his £1.5bn loan to the club or see it go into administration. Abramovich is reported to have scrapped an apparent previous commitment to write off the debt as part of the sale of the club. The sanctioned Russian oligarch is not allowed [...]
Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers May 4, 2022 Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]
Chelsea sale: Deal plunged into doubt after U-turn on loan repayment – reports May 3, 2022 Fresh doubt surrounds the proposed sale of Chelsea after it was reported that owner Roman Abramovich wants to change the structure of the deal. Having previously indicated that he was willing to write off more than £1.5bn of debt owed by the club to another of his companies, he is now said to have asked [...]
Paul Merson: Football should do more to stop lives being ruined by gambling addiction May 3, 2022 Former footballer and reformed addict Paul Merson believes the sport should do more to stop players falling prey to gambling problems. Merson also battled alcohol and drugs during a career that nevertheless gleaned league titles, European trophies and playing at World Cups for England. The ex-Arsenal forward, 54, was driven to the brink of suicide [...]