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Sports money

  • January transfer window 2017: Premier League clubs record profit for the first time as Manchester United and Chelsea earn over £100m

    February 1, 2017

    Premier League clubs recorded a transfer profit for the first time in last month's transfer window, despite spending more money than ever before in January. A record £215m was spent by top flight teams on new signings in this year's January window, according to Deloitte's Sport Business Group, yet teams still enjoyed a collective £40m [...]

  • Deadline-day flurry takes Premier League January spending past £200m

    February 1, 2017

    Southampton’s £14m signing of Italy forward Manolo Gabbiadini created the biggest splash on deadline day as Premier League clubs took their January spending to record-threatening levels. Burnley and Crystal Palace also invested heavily, bringing to a close a window in which the top-flight’s middle and lower ranked clubs out-spent their more celebrated peers. Total spend [...]

  • January transfer window 2017: Weak pound prompts Premier League clubs to shop domestically as foreign imports fall

    January 31, 2017

    Premier League clubs felt the impact of a weaker pound this January transfer window, increasing their incentive to shop domestically rather than abroad. For the first time in four transfer windows, less than half of the players signed by Premier League clubs came from foreign leagues. Well over £100m was splashed out on players already based [...]

  • When does the Premier League transfer window shut? Can players still be signed after the deadline? Here’s everything you need to know

    January 31, 2017

    When does this year's January transfer window close? Premier League and Football League clubs in England have until 11pm on Tuesday 31 January to sign new players. There's Premier League games being played that night — and the day after! Will players be allowed to play immediately?  Not so fast. Players have to be registered with the league before midday [...]

  • Chinese stadium company to buy stake in Southampton but current Saints owner indicates she’ll stay on

    January 26, 2017

    Southampton are set to become the latest English football club to be snapped up by Chinese investors after they agreed a deal with stadium construction company Lander Sports Development. Lander announced to the Shenzhen stock exchange on Thursday that it had signed an agreement with Southampton owner Katarina Liebherr to buy a stake in the [...]

  • Why Formula One’s new owners Liberty Media must step on the gas to reclaim lost ground from rivals

    January 24, 2017

    The ousting of long-time Formula One supremo Bernie Ecclestone marks a coup and leaves a series of unanswered questions facing the sport. For decades critics have questioned how F1 is governed and how it generates revenues, and have therefore cast doubts on its long-term future. Although some commentators – notably former broadcaster Murray Walker – have observed how instrumental Ecclestone [...]

  • Manchester United replace Real Madrid as richest club in the world in Deloitte Football Money League

    January 19, 2017

    Manchester United have been named the world’s richest club after they ended Real Madrid’s 11-year stranglehold on top spot in Deloitte’s Football Money League. United’s 2015-16 revenues of €689.0m (£515.3) – an all-time record for a football team – lifted them ahead of both Real and Barcelona for the first time since 2003-04. Neighbours Manchester [...]

  • Arsenal, Chelsea, Tottenham and West Ham make London home to more big clubs than all of Spain or Germany

    January 19, 2017

    London’s claim to being football’s leading city has been lent further weight after four its clubs – more than in all of Spain or Germany – ranked among the 20 richest in the world. Arsenal, Chelsea, Tottenham Hotspur and West Ham United all feature in Deloitte’s Football Money League, which is published today and orders [...]

  • Dominance of the big six has led to lack of spending in January transfer window

    January 18, 2017

    Premier League clubs’ relative restraint during the current January transfer window is a result of the increasing dominance of the leading six clubs, according to a leading football finance expert. Flush from a new £8.3bn, three-year television deal, England’s top-flight teams spent a record £1.2bn on new signings in the summer, yet they have invested [...]

  • UFC president Dana White puts up $50m for Floyd Mayweather and Conor McGregor to fight

    January 14, 2017

    UFC president Dana White said he is prepared to fork out $50m to make a hoped-for fight between Floyd Mayweather Jr and Conor McGregor take place. The idea of a meeting between retired boxer Mayweather, who never lost a professional fight, and Irish UFC star McGregor has circulated amongst the fight community since the latter was granted a [...]

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