Manchester United trim wage bill but Champions League absence costs club £30m February 12, 2015 The Figures Manchester United’s Champions League absence continued to hit them in the pocket as revenue fell 14 per cent to £105.7m in the second quarter for the three months ended 31 December. That was largely driven by a massive 39 per cent fall in broadcasting revenue from £46.9m to £28.4m. Last [...]
Premier League TV deal: An economics professor on why lowering ticket prices and redistributing the wealth could backfire February 12, 2015 With £5.14bn heading the Premier League’s way thanks to Sky and BT’s record domestic TV rights deal, public pressure is being placed on the organisation to share the wealth and relinquish the financial burden on match-going fans. The Football Supporters’ Federation has called upon the league to implement a £20 limit on away [...]
Shares in Sky drop after huge TV bill emerges February 11, 2015 SKY SAW its stock open four per cent down in trading yesterday after agreeing to fork out £4.1bn for the right to show live Premier League football between 2016 and 2019. The British media giant won five out of the seven TV packages up for sale, but had to stump up 83 per cent more [...]
Premier League comes under further fire for TV rights auction February 11, 2015 The auction process used by the Premier League to sell TV rights to Sky and BT for a whopping £5.1bn came under criticism yesterday for the second time in a matter of days. The deal was reached under a blind auction, with an unknown number of rounds and bidders. Virgin Media chief executive Tom Mockridge [...]
Energy, oil and Sky’s football bill hurt FTSE – London Report February 11, 2015 THE UK and Gas index fell 0.6 per cent after crude dropped 2.3 per cent on expectations of persistent oversupply, a stronger dollar and a report showing US crude stockpiles at a record high yesterday. Meanwhile the main index was dragged lower by energy company movements as well as the fallout from Sky bidding for [...]
Premier League: Spotlight falls on Ivanovic in headbutt row February 11, 2015 CHELSEA 1 EVERTON 0 EVERTON manager Roberto Martinez insisted Chelsea defender Branislav Ivanovic should have been sent off for violent conduct after the Premier League leaders struck late to maintain their seven-point advantage last night. Attacking midfielder Willian’s 89th-minute deflected shot snatched the points, moments after the visitors had seen midfielder Gareth Barry sent off [...]
Struggling Villa bring Lambert’s reign to an end February 11, 2015 ASTON Villa have begun their search for a new manager after last night sacking Paul Lambert following a disastrous run of form which sees the club embroiled in a battle for Premier League survival. A 2-0 reverse to fellow strugglers Hull City on Tuesday evening meant a fifth successive Premier League defeat and 10th league [...]
Premier League: Carroll injury recurrence blights West Ham’s stoic defensive show February 11, 2015 SOUTHAMPTON 0 WEST HAM UNITED 0 WEST Ham boss Sam Allardyce bemoaned his growing injury woe after Andy Carroll limped though the final stages of his side’s stalemate with high-flying Southampton at St Mary’s Stadium last night. The eighth-placed Hammers defended resolutely and salvaged a well-earned point following the dismissal of Spanish keeper Adrian on [...]
Premier League: Campbell leveller saves Pardew from embarrassing Magpies loss February 11, 2015 CRYSTAL PALACE 1 NEWCASTLE UNITED 1 CRYSTAL Palace boss Alan Pardew declared himself satisfied with a point against his former club after substitute Fraizer Campbell salvaged a share of the spoils last night. Newcastle opened the scoring with their first effort on target as Papiss Cisse nodded in Daryl Janmaat’s cross, only for Campbell – a [...]
Aguero ends goal drought in City stroll February 11, 2015 STRIKER Sergio Aguero scored his first goals for more than two months as Manchester City ended their five-game winless streak to keep the pressure on Premier League leaders Chelsea last night. Midfielders James Milner and Samir Nasri also struck as City beat Stoke 4-1 at the Britannia Stadium to record their first top-flight victory since [...]