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

      Two male soccer players, one in a red Belgium jersey and one in a white Iran jersey, compete for a ball mid-air.

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

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By: Joe Hall

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

All 2141 Articles
  • Leicester City defeat marks Manchester United’s worst start to a Premier League season

    September 22, 2014

    For all the trials, tribulations, depressing days and unwanted records that have come Manchester United's way over the last 12 months or so, this afternoon’s collapse at Leicester City may well be the nadir.   It all started so well. Robin van Persie and Angel di Maria swept the Red Devils into a two-goal lead [...]

  • Arsenal aim for “pinnacle of the game” after revealing profits drop but turnover increase

    September 21, 2014

    Arsenal Football Club has released its latest financial figures, revealing that the north London club's profit before tax for the year ended May 31, 2014 has dropped by £2m, from £6.7m a year ago to £4.7m now.   However, the club's group turnover has increased from £280.4m to £301.9m, with football-related turnover up to £298.7m [...]

  • Ed Miliband promises minimum wage rise should Labour win next general election

    September 21, 2014

    Ed Miliband has promised an increase in the national minimum wage to £8 per hour should his party win at the next general election. The Labour leader has said it is "not good enough" that one in five people in the UK "are in low pay". Ahead of the Labour party conference in Manchester this week, [...]

  • Alex Salmond: “No” voters in independence referendum have been misled by devolution promises

    September 21, 2014

    Alex Salmond believes "No" voters in the Scottish independence referendum have been misled by false promises of more devolutionary powers. Speaking to the BBC's Sunday Politics programme, Salmond claimed the three main UK party leaders' devolution vows were "cooked up in desperation for the last few days of the campaign." Scotland voted against independence on [...]

  • Phones 4u stores could be picked off by EE

    September 21, 2014

    Mobile network operator EE is in talks to buy 60 Phones 4u stores following the retailer's collapse into administration, according to reports. The collapse was triggered by EE, Phones 4u's last remaining network partner, terminating its distribution agreement with the retailer soon after Vodafone had done the same. Phones 4u described EE's decision as a [...]

  • Alibaba has priced its shares, and it’s going to be the biggest IPO ever

    September 18, 2014

    Alibaba has priced its initial public offering at $68 per share – the top end of its price range. The pricing will raise the e-commerce giant $21.77bn and value the company at $167.62bn, making it one of the largest IPOs in history. Shares in the Chinese company will begin trading on the New York Stock [...]

  • Oracle share price drops as Larry Ellison steps down as chief executive

    September 18, 2014

    Lary Ellison will step down as chief executive of Oracle, the software company announced today. The co-founder of the $185bn (£113bn) company, will be replaced by Mark Hurd and Safra Cruz who will both serve as chief executives, but with different responsibilities. Mr Ellison will become executive chairman and chief technology officer. The 70-year-old co-founded the software-making [...]

  • Ukraine crisis: Petro Poroshenko calls for US military aid

    September 18, 2014

    The Ukrainian president Petro Poroshenko has called upon the US to provide his country with military assistance as it attempts to combat pro-Russian separatist forces.   Poroshenko described Ukraine as being at the “forefront of the fight against terrorism”.   President Barack Obama has condemned Russia’s involvement in the conflict, but has so far limited [...]

  • Fifa ethics committee orders FAs to return £16,000 luxury watch

    September 18, 2014

    Fifa has ordered the FA and other football associations (FAs) to hand over a £16,000 luxury watch given to management by the Brazilian football federation (CBF).   According to Fifa, officials from the 32 nations competing at this summer’s World Cup were given the watches as a gift from the CBF at a pre-tournament congress [...]

  • Scottish independence referendum: Barack Obama urges Scots to vote No

    September 18, 2014

    US President Barack Obama has urged Scots to vote No and preserve the Union in the Scottish Independence Referendum.   With just hours to go until polling stations open, Obama took to Twitter to express his hope that Scotland remains with the UK.   Obama described the UK as “a force for good in an [...]

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