Premier League transfer spending down on last year as clubs hesitate in spending TV windfall August 2, 2016 An anticipated record-breaking close-season transfer splurge by Premier League clubs has yet to materialise, with spending slower than last summer, according to Deloitte. English top-flight teams shelled out £475m in July, £40m down on the £515m they spent 12 months earlier and significantly short of a predicted £1bn total gross outlay for the transfer window. Buoyed [...]
How much is an Olympic gold medal worth? How the monetary value of a medal in Rio compares to previous years August 2, 2016 The gold medals awarded to athletes at this year's Olympics are worth roughly $100 less than they were in London four years ago. At 85mm in diameter, Rio's gold medals are the same size as those draped around necks in 2012, contain the same proportion of gold, copper and silver content — 1.34 per cent, 6.16 per cent and 92.5 [...]
Revealed: How West Ham owners are free to cash in on Olympic Stadium deal July 31, 2016 West Ham United’s complex deal for the Olympic Stadium, the full details of which are laid bare for the first time today, could make the football club’s wealthy owners even richer than previously thought – at the expense of the taxpayer. As the Hammers prepare to play their first match at the largely public-funded £700m [...]
US PGA Championship prize money 2016: $1.8m earnings boost on offer at Baltusrol to Jason Day, Jordan Spieth, Rory McIlroy and co July 27, 2016 Victory in the US PGA Championship in New Jersey is the joint-second most lucrative prize money pay cheque for a single event on the golf calendar. Reigning champion Jason Day earned $1.8m, the tournament’s largest ever winner’s reward, at Whistling Straits last year and the prize remains the same this time at Baltusrol. That lucrative take comes from [...]
Barcelona move ahead of Real Madrid with record-breaking revenue July 26, 2016 Barcelona have become the first club to announce revenue figures worth over £500m after generating record-breaking turnover of €679m (£570m) in the 2015/16 season. The Catalan club, who won both La Liga and the Copa del Rey last season, believe the results keep the club on course of meeting its revenue target of €1bn by 2021. The [...]
Chris Froome prize money: Team Sky rider on verge of Tour de France victory – but how much will he earn? July 23, 2016 Chris Froome has all but secured a third Tour de France title ahead of the final stage in Paris, and his reward for being the first Briton to achieve such a feat will be fittingly lucrative. The Team Sky rider has a seemingly insurmountable lead over Romain Bardet of four minutes and five seconds following a wet penultimate [...]
Arsenal ticket prices: KPMG says Emirates Stadium season tickets are the worst value for money in Europe July 23, 2016 Top Premier League teams are ripping off fans on ticket prices compared to elite European clubs, according to a new KPMG study which names Arsenal tickets as the worst value for money when compared with the wealth of the club. Analysis from the accountancy giant into the relationship between a club's valuation and their cheapest season [...]
Paul Pogba agent Mino Raiola “doesn’t give a damn” about Manchester United’s proposed world record £100m transfer fee July 22, 2016 Paul Pogba's agent Mino Raiola says he is unfussed about the prospect of Manchester United breaking the world transfer record on the Juventus midfielder. The Premier League club are prepared to make former player Pogba football's first £100m man but Raiola, who also represents recent United acquisitions Zlatan Ibrahimovic and Henrikh Mkhitaryan, says he only wants "the best for my [...]
Mark Cavendish drops out of Tour de France after earning cool £44,000 in prize money July 20, 2016 Mark Cavendish has pulled out of the Tour de France with five stages remaining but will still take home a cool €52,670 (£44,00) in prize money for his two and half weeks work. The 31-year-old is dropping out to focus on preparations for the Rio Olympics — where he hopes to win his first medal — which begins in [...]
Tour de France prize money: Chris Froome has already earned €22,000 this year in pursuit of biggest ever reward of €500,000 July 15, 2016 The largest monetary reward in Tour de France history is on offer to this year’s cyclists, with €500,000 from a €2,295,850 prize money pool is paid out to the overall winner. The Tour has increased its winners’ reward for the first time this decade, boosting the total take home by €50,000 from €450,000. As well [...]