Premier League abandons talks over plans to give top clubs larger slice of revenue October 24, 2017 Proposals to give a greater share of Premier League revenue to the biggest clubs appear dead in the water after the latest round of talks over the controversial plans was called off. Six clubs – Manchester United, Chelsea, Manchester City, Arsenal, Liverpool and Tottenham – are believed to want a larger proportion of income generated [...]
Uefa figures reveal Leicester banked more money from Europe last season than Champions League winners Real Madrid and Europa League winners Manchester United October 20, 2017 Leicester City made more money from playing in Europe last season than Champions League winners Real Madrid, new figures from Uefa reveal. The European football governing body has published the exact sums earned in prize money and TV payments by clubs playing in the Champions League and Europa League last season. Leicester, currently in the [...]
Antonio Conte says small Chelsea squad is struggling to cope with increased demands ahead of Roma Champions League clash October 17, 2017 Antonio Conte is ready to unleash Alvaro Morata in Chelsea’s Champions League clash against Roma tomorrow night, but has warned his squad is struggling to cope with a busy fixture list. Morata missed Chelsea’s shock 2-1 defeat at Crystal Palace on Saturday, while N’Golo Kante, Victor Moses and Danny Drinkwater have all been ruled for [...]
English football clubs heading for “financial nightmare” in pursuit of Premier League riches October 10, 2017 English football clubs are risking ruin in a bid to reach the Premier League’s riches, according to a new report by financial analysts. The analysis found that 18 of 19 clubs who were promoted to the top tier between the 2008/09 and 2015/16 seasons made a loss during their promotion season. And playing in the [...]
Rio Ferdinand: Boxing promoter Mick Hennessy says ex-Manchester United man “should be commended” for stepping into the ring September 19, 2017 Boxing promoter Mick Hennessy has welcomed former England and Manchester United defender Rio Ferdinand’s move into professional boxing. The retired footballer is following in the footsteps of former Premier League players Curtis Woodhouse and Leon McKenzie who both took up boxing after retiring from football, as well as ex-England cricketer Freddie Flintoff who won in [...]
Managers wanted earlier transfer deadline, says Premier League executive chairman Richard Scudamore September 7, 2017 Discontent among managers was the driving force behind the Premier League’s decision to close the transfer window before the season starts, says its executive chairman Richard Scudamore. The move, which will take effect from next year, was approved after 14 clubs – the minimum required to pass the change – voted in favour on Thursday. [...]
Brighton’s brilliant beancounter: 20 years on, how a lifelong fan saved the Seagulls from extinction August 30, 2017 At 9pm on Christmas Eve 1996, Paul Samrah, a well-to-do partner at mid-tier accountancy firm Kingston Smith, sorted through the last of his mail in preparation for the festive break. “It was the last envelope I opened,” Samrah recalls to City A.M.. To his horror, he had been slapped with a two-year ban from Brighton [...]
Why Liverpool’s Champions League qualification cost Chelsea and Manchester United over €10m in revenue August 24, 2017 Liverpool and Celtic both cruised into the Champions League group stage this week, costing Chelsea, Manchester United, Manchester City and Tottenham an average of €13m in the process. For Liverpool, the financial uplift from securing their place amongst Europe’s elite will be significant in prize money alone. The Reds and the Hoops both earned €2m [...]
What Alan Shearer can teach us about QE August 15, 2017 What a versatile chap Alan Shearer is turning out to be – record goal scorer in the English Premier league, football pundit for the BBC and now The Value Perspective’s favourite go-to illustration when explaining financial concepts. A couple of weeks back, we learnt what he had to teach us about inflation and now he [...]
Scouting Silicon Valley: Premier League clubs are on the hunt for digital experts to bolster the boardroom August 11, 2017 Every transfer window brings with it an arms race between Premier League clubs for the world’s top talent, yet this summer teams have been scouting the geniuses of Silicon Valley alongside the goalscorers of La Liga, Serie A and the Bundesliga. Top European football clubs are increasingly searching for boardroom additions who are equipped to [...]