Chelsea sign new kit deal with Nike thought to be worth close to £1bn October 13, 2016 Chelsea have confirmed a lucrative kit contract with Nike that stands to see the American sportswear manufacturer pay the Premier League club close to £1bn. The 15-year, £900m deal is due to start next season, when Nike will replace Adidas as the provider of kit for all of the Blues’ squads, from the academy through [...]
Premier League shirt sponsors quiz: Do you know what these Manchester United, Liverpool, Tottenham and Sunderland sponsors do? October 7, 2016 Shirt sponsorships generate Premier League clubs millions in commercial revenue every season. According to industry estimates, last season the Premier League's clubs made a massive £260m from splaying corporate brand names and logos across their sacred sporting tapestries. Read more: Why Chelsea parting ways with Adidas makes financial sense After enough hours in front of Sky [...]
Real Madrid fail to reclaim football’s richest crown from Barcelona despite posting club record breaking revenue October 7, 2016 Real Madrid posted the highest revenue figures in the club's history last season, with income breaking the €600m mark for the first time and reaching €620.1m (£560m). Yet the 7.4 per cent rise in income from €577.7m in the 2013/2014 campaign, the Spanish giants were unable to match the record €679m enjoyed by Barcelona last season. It [...]
Arsenal fans score victory after club ends payments to owner Stan Kroenke’s KSE business October 1, 2016 Arsenal supporters have scored a victory over owner Stan Kroenke after the club announced they are no longer paying an annual £3m to the American's company. Full details of Arenal's annual accounts for last season, sent to shareholders this week, reveal that the Premier League club did not pay for the "strategic and advisory services" from Kroenke Sports & Entertainment [...]
Arsenal financial accounts: Ivan Gazidis cites Stan Kroenke’s “considerable investment” in transfers as club announces lowest profit of Emirates Stadium era September 30, 2016 Arsenal say "significant investment" in the club's playing squad is behind slim profit-before-tax of £2.9m last season, a £15.3m drop on a year earlier and the lowest bottom line for over 10 years. Turnover rose to £353.6m from £344.5m a year ago thanks to a runners-up finish in the Premier League and the start of a new [...]
Andrew Luck: Meet the St John’s Wood kid who returns to London this weekend as the NFL’s highest-paid player September 29, 2016 Thousands of Londoners will gather this weekend to gain a first hand look at the work of a former neighbour who has since left the UK, graduated from Stanford and become the highest paid member of his profession at just 26-years-old. The venue for the exhibition is Wembley, the event is the NFL’s 15th game [...]
Joe Root set for £1m pay deal as England cricket chiefs confirm biggest shake-up to central contract system for more than a decade September 29, 2016 England cricket chiefs have confirmed the biggest shake-up to the way that the country’s centrally-contracted players are paid for more than a decade. The England and Wales Cricket Board have for the first time awarded central contracts to regulars in the one-day team as well as those in the Test side. Mainstays of both teams, [...]
Jacksonville Jaguars: London’s unofficial NFL franchise, their plans to put down roots in the capital, and the threat Tottenham Hotspur pose to their British affair September 28, 2016 More than three years have passed since Mohamed Al Fayed, in a fitting coda to his eccentric reign, donned an oversized fake moustache and faced the cameras with Shahid Khan to mark the bewhiskered American sports mogul’s takeover of Fulham Football Club. It marked the second play of Pakistan-born, Florida-based Khan’s incursion into the capital’s [...]
FedEx Cup prize money: PGA Tour leader Dustin Johnson closes in on $10m treasure chest September 23, 2016 Dustin Johnson is on course to add golf's most generous greenback prize to a golden year, after taking a step closer to the FedEx Cup's massive $10m (£7.7m) prize . At the end of the first day of the Tour Championship, the final tournament of the four post-PGA Tour FedEx Cup playoffs, the world No2 shared the lead with fellow American Kevin Chappell [...]
From virtual reality to socks to the “Netflix of sports” — these nine companies are changing football through technology and innovation September 21, 2016 Modern football has become a magnet for cutting-edge technology and innovative ideas. The ever-increasing sums of money sloshing around in the sport have raised the stakes, forcing clubs to seek out the next marginal gain through state of the art software and brilliant minds, as well as providing ample business opportunities for enterprising fans. These [...]