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      FOMO drives Premier League clubs to new record summer spending of over £3bn

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By: Frank Dalleres

Sports Editor Frank Dalleres is Sports Editor of City AM. He has almost two decades' experience covering the business of sport and has reported from Olympic Games and major international football, rugby union, tennis and golf competitions, both at home and abroad. Get in touch with stories and tip-offs and follow him on X at @frankdalleres

All 4591 Articles
  • Lord Coe enters race to buy Chelsea from Abramovich and eyes seat on the board

    March 17, 2022

    World Athletics chief and long-time Chelsea fan Lord Coe has joined Sir Martin Broughton’s bid to buy the club. London 2012 boss Coe, 65, would take a seat on the club’s board if the consortium is successful, according to reports. Best bids are due in tomorrow with US bank the Raine Group, which is selling [...]

  • Christian Horner interview: ‘Red Bull put Formula 1 back on the map last year’

    March 16, 2022

    The dust is still settling on last year’s rancorous Formula 1 season as a new one is about to begin in Bahrain this weekend but Oracle Red Bull Racing boss Christian Horner is keen to put the acrimony with Mercedes and opposite number Toto Wolff behind him. Well, mostly. Three months on from a hugely [...]

  • Chicago Cubs owners the Ricketts family confirm bid for Chelsea with hedge fund boss Ken Griffin

    March 16, 2022

    The owners of Major League Baseball’s Chicago Cubs, the Ricketts family, have confirmed they plan to bid for Chelsea Football Club. The Ricketts family have formed a consortium with billionaire hedge fund manager Ken Griffin to make an offer this week, Sky News reported. “The Ricketts Family, owners of the Chicago Cubs, can confirm they [...]

  • Women’s tennis chief ‘strongly’ opposed to bans for Russian and Belarusian players over Ukraine

    March 16, 2022

    Steve Simon, the head of elite women’s tennis tour the WTA, says he “feels very strongly” that players from Russia and Belarus should not be prevented from playing because of the invasion of Ukraine. It comes after UK government ministers said assurances should be sought from Russian players that they do not support Vladimir Putin [...]

  • Chelsea: Club face off-field shake-up once Abramovich era ends

    March 15, 2022

    Change is in the air at Stamford Bridge, where a new owner is likely to be installed before the end of the season after Roman Abramovich was forced to put Chelsea up for sale. US bank the Raine Group has told bidders to register their best offers by Friday, with interest reported from suitors in [...]

  • FA to consider Chelsea appeal to play Middlesbrough cup tie behind closed doors

    March 15, 2022

    The Football Association has said it will consider Chelsea’s request for Saturday’s FA Cup tie at Middlesbrough to be played behind closed doors. Chelsea appealed to the FA after being denied permission to sell further tickets to its travelling supporters under the terms of its special licence from the government. The Premier League club said [...]

  • Tennis No1 Medvedev should renounce Putin to play at Wimbledon, says sports minister

    March 15, 2022

    Daniil Medvedev, the Russian current world No1 men’s tennis player, should be asked to renounce Vladimir Putin before being allowed to play at Wimbledon, sports minister Nigel Huddleston has said. Huddleston said international measures against Russian athletes should go beyond merely banning national teams and those individuals who compete under the Russian flag. “We need [...]

  • Australian Cameron Smith lands golf’s biggest 72-hole payout with £2.8m Players win

    March 15, 2022

    Australian Cameron Smith claimed record prize money for an 72-hole golf event of $3.6m (£2.8m) with victory at a weather-delayed Players Championship in Florida. The payout at the PGA Tour’s flagship tournament is bigger than that on offer at any of the four men’s majors or the DP World Tour’s lucrative finale in Dubai. Smith [...]

  • Chelsea keep going but controversy follows club onto the pitch in ‘sportswashing derby’

    March 13, 2022

    After a week in which Chelsea’s future was plunged into grave doubt by the sanctioning of Roman Abramovich, today’s visit from Newcastle was about keeping going. Keeping going in the Premier League, where their hold on third place suddenly looked less secure; keeping going as a business, if technical advisor Petr Cech’s pre-match comments which [...]

  • Chelsea in race to find new backer or risk administration as Abramovich sanctions bite

    March 10, 2022

    Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]

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