QPR threatened with expulsion to Conference if they fight fine September 9, 2014 QUEENS Park Rangers have been warned they could be demoted to the Conference next season if they carry out a threat to contest a fine for breaching Championship restrictions on spending. Chairman Tony Fernandes has indicated he intends to challenge a likely £40m sanction – a stance that Football League chief executive Shaun Harvey said [...]
City FFP cash to go to Premier League rivals September 9, 2014 MANCHESTER United, Chelsea, Arsenal and Tottenham are among the clubs set to benefit financially from Manchester City’s failure to comply with European financial fair play (FFP) rules. City were found guilty of exceeding permitted losses for clubs in the Champions League and Europa League in May, and fined £50m – an amount that may be [...]
NBA TV deal could be worth more than the Premier League’s September 9, 2014 The National Basketball Association (NBA) is on the verge of reaching a new TV deal with ESPN and Turner Broadcasting (TNT), according to reports. The deal would be worth more than $2bn a year, making it more valuable than the bumper domestic broadcasting deal signed by the Premier League two years ago. [...]
QPR “could be relegated to the Conference” if they avoid Financial Fair Play fine September 9, 2014 Queens Park Rangers (QPR) could be thrown straight into the Football Conference should they refuse to pay a financial fair play (FFP) fine and face relegation from the Premier League this season. QPR are expected to face a hefty fine for breaching the Football League’s FFP restrictions during last season’s Championship campaign. Championship [...]
Manchester United’s share price gets a kicking in run up to results September 8, 2014 Manchester United’s embarrassing start to the football season appears to be weighing heavily on the club’s stock, with shares in New York tumbling by a further 4.5 per cent yesterday. The drop reflects an increasingly bearish sentiment among investors towards the club, which publishes its latest set of results tomorrow. Shares reached a peak of [...]
Surrey ditch Pietersen as the promotion dream fades September 8, 2014 MAVERICK batsman Kevin Pietersen’s exile from red ball cricket is set to continue after Surrey opted not to select the former England captain for the campaign’s final two county championship fixtures. The 34-year-old signalled his intention earlier in the season to return to the county arena and play his part in Surrey’s bid to rejoin [...]
NFL season begins: Why American Football could be bigger than rugby in the UK September 8, 2014 While the Premier League takes a break this weekend, another "football" league has got underway. Across the pond, the National Football League (NFL), the flagship American Football league whose teams beat even the Premier League in terms of revenue, has kicked off a new season. With its return will follow a growing legion of devoted UK fans [...]
City AM awards: Business of the Year nominees announced September 7, 2014 I have great pleasure in introducing the first of our shortlists for the annual City A.M. awards. As ever, the awards have attracted nominations from all sorts of diverse businesses and people who have done great things during the course of the past year, a year of recovery in the UK. We have taken on [...]
And the nominees are… September 7, 2014 TOMORROW: ACCOUNTANCY FIRM OF THE YEAR ALDI The German discounter has taken the British high street by storm. Aldi now has a 4.6 per cent share of the UK market, up more than one third in a year due to consumers choosing its quality and low prices over the more established retailers. It has even [...]
Queens Park Rangers’ £6bn west London revamp to create homes, jobs and a new stadium September 3, 2014 A vast area of west London looks set to undergo a massive regeneration programme that could see 24,000 homes being built and 55,000 new jobs created. Hundreds of acres of brownfield around Old Oak Common, near the site of Wormwood Scrubs prison, could be transformed as a result. The £6.2bn plan is being spearheaded by [...]