FC Nordsjaelland: How a Danish club’s global outlook has helped it to weather the Covid crisis October 23, 2020 An Englishman with no experience of running a football club and no track record in Scandinavia was always going to attract scepticism when he took over one of Denmark’s top teams. Throw in a wildly unconventional ownership model and radically idealistic notions of how the sport should be run and it is no surprise Tom [...]
Manchester United chief throws down gauntlet to Premier League over Project Big Picture October 21, 2020 Manchester United chief Ed Woodward has publicly warned the Premier League that the club have not given up on plans to reshape English football. Project Big Picture, a radical overhaul of the domestic game drawn up and championed by United and Liverpool, was defeated in a vote of top-flight clubs last week. Woodward called on [...]
Manchester United lose £23m as coronavirus cuts revenue by £120m October 21, 2020 Manchester United suffered a £23m loss as revenue plunged by almost 20 per cent for the year ending 30 June. Annual income fell to £509m, from £627m the previous year, as the coronavirus outbreak saw football suspended. All three of Manchester United’s main revenue streams were hit during the fourth quarter, when most games were [...]
Champions League 2020-21: How prize money is calculated and why the winners don’t always get paid the most October 20, 2020 Winning the Champions League is not just about the glory; it also comes with a major prize money windfall of more than €100m for the eventual winner. Last season Bayern Munich earned an estimated €130m for lifting the trophy, while Liverpool pocketed €111m in 2018-19. But precisely how much a run in European football’s top [...]
Top English clubs and JP Morgan ‘in talks’ over $6bn European super league October 20, 2020 US banking giant JP Morgan and top-flight English clubs are said to be in talks over a game-changing $6bn (£4.6bn) plot to launch a new Fifa-backed European football league.
Champions League behind the numbers: Richest clubs, most valuable squads and players 2020-21 October 20, 2020 The Champions League begins again in earnest this week when the cream of European football kick off the group stage. It comes less than two months after Bayern Munich lifted the trophy in a coronavirus-delayed conclusion to last season. Despite that success, the German club do not have the most valuable squad in this year’s [...]
Here’s why sport is still a good bet in a recession October 19, 2020 There has been a re-awakening. Have you felt it? If you haven’t quite felt it, you’ll have certainly seen the force with which live sport returned to our screens as professional leagues worked hard to piece together a schedule to meet fans’ desire for relative normality. And boy was the audience growing impatient for it. [...]
Cast adrift on a sea of hubris, refereeing has lost sight of the spirit of football October 19, 2020 Only three possible explanations exist for both referee Michael Oliver and video assistant referee David Coote failing to designate Jordan Pickford’s crumpling of Virgil van Dijk a red card offence. One: neither thought it worth addressing. Two: neither felt it was in their power to act since Van Dijk had been guilty of the most [...]
The Week in Sportbiz: Uncle Sam is coming for cricket, Nigel Wray bets on fitness and sports reveal trans policies October 16, 2020 Not content with trying to carve up the Premier League, Americans now have another English sacred cow in their sights: cricket. The game’s Stateside governing body today announced ambitious plans to become a major mainstream sport across the Atlantic – and achieve full member status with the International Cricket Council within a decade. USA Cricket [...]
Sport’s governance problem: Scandal beckons without more professionalism and transparency October 15, 2020 As recent headlines attest, serious problems of governance can be found all across the sports sector. Gathering extensive empirical research for our new book on the role of independent directors, we found problems with a lack of accountability, unclear governance and a lack of skills and experience to sort out the mess. We consulted directors [...]