Fulham sign up blockchain telecoms network World Mobile as principal commercial partner on three-year-deal July 27, 2021 Fulham have signed World Mobile, a telecoms network that uses blockchain technology, as their new principal commercial partner. The three-year deal sees World Mobile replace bookmaker BetVictor as the club’s main sponsor. The agreement will see World Mobile appear on the shirts of the Fulham men’s, women’s and youth teams. Fulham’s men will be hoping [...]
Crystal Palace report £58m loss for pandemic-hit 2019-20 season July 26, 2021 Crystal Palace have announced a £58m loss for the 2019-20 season as a result of Covid-19’s impact on football. The Premier League club saw revenue fall £13m to £142m, while operating expenses increased by £15m to £154m. The drop in income was largely due to the effect of matches in the second half of the [...]
Vaccinations to be needed to attend football matches from October July 25, 2021 Football fans who have not had two vaccinations may be banned from attending Premier League football matches from later this year. Boris Johnson announced earlier this week that people will need to show Covid passports to enter nightclubs and some large events from the end of September. The Sunday Telegraph reports that this will include [...]
Arsenal and Man City scrap overseas trips as Covid-19 hits Premier League pre-season preparations July 22, 2021 Premier League clubs Arsenal and Manchester City have had their preparations for the new season disrupted by issues relating to Covid-19. Arsenal were forced to cancel a pre-season trip to the US to compete in the Florida Cup alongside Everton, Inter Milan and Colombian side Millonarios. The North London outfit returned a number of positive [...]
Football review chair: Game could face “existential crisis” without reform and regulation July 22, 2021 Tracey Crouch, the former sports Minister tasked with a review of football governance in the UK, has written to the Culture Secretary to say “football authorities have lost the trust and confidence of fans.” In her interim findings, Crouch calls for an independent regulator of football clubs to monitor in particular financial regulation, corporate governance [...]
Burnley sign spread betting and trading platform Spreadex as main sponsor on one-year deal July 20, 2021 Burnley have signed up spread betting and financial trading platform Spreadex as their main shirt sponsor for next season. The one-year deal will see the company’s sports fixed odds and spread betting arm, Spreadex Sports, replace Chinese brand LoveBet as principal partner. Spreadex is understood to be paying slightly less than LoveBet, whose £7.5m deal [...]
Newcastle takeover bid kicked into the long grass as arbitration adjourns hearing into Saudi Arabia-backed £300m offer July 20, 2021 The prospects of a £300m Saudi takeover of Newcastle United appear to be receding after a legal bid to overcome Premier League objections was delayed. An arbitration hearing was adjourned until next year “due to issues with the disclosure of evidence”, the club and league said in a joint statement. It means that Magpies fans [...]
The Hundred: MD Sanjay Patel on profits, participation, gender equality and winning over sceptics with English cricket’s new competition July 17, 2021 Sanjay Patel, managing director of The Hundred, could be forgiven a few sleepless nights as Wednesday 21 July approaches. That is when the Oval Invincibles are due to host the Manchester Originals in a women’s match that raises the curtain on the controversial new competition designed to breathe new life into domestic cricket. Patel has [...]
Britain is running out of new ideas and it’s killing productivity July 16, 2021 It is no secret that Britain is in a productivity slump. The statistics should be familiar. In the decade before the pandemic, productivity grew at just 0.3 per cent per year. Before the financial crisis, it grew at 2 per cent. That might sound like an abstract or wonkish concern, but it is the difference [...]
Man City owner raises almost half a billion to fund further expansion – reports July 16, 2021 City Football Group, the owner of Manchester City and a host of other clubs across the world, has raised almost half a billion-worth of debt capital according to reports this morning. The Group has raised $650m (£470m) to finance international ambitions, according to sources who spoke to the Financial Times. The seven-year package has been [...]