Manchester City returns to profit while revenue increases to £569.8m Accounts Manchester City have announced a profit of £2.4m and revenues of £569.8m in their annual report for the 2020-2021 season. The Premier League leaders saw their revenue increase by 19 per cent. The profits came despite a season disrupted by Covid-19 which saw restrictions placed on stadium capacities – City’s matchday income was down 98 [...]
Why Cambridge’s FA Cup triumph at Newcastle is good for football Toon gloom's a boon Upsets were in abundance over FA Cup third round weekend, from sixth-tier Kidderminster Harriers beating Reading and Conference outfit Boreham Wood progressing for the first time. There was drama galore elsewhere too, with Morecambe and Shrewsbury Town giving scares to Tottenham Hotspur and Liverpool respectively and Barrow eventually succumbing in a nine-goal thriller at Barnsley. [...]
Newcastle confirms the signing of Atletico Madrid’s Kieran Trippier Newcastle have confirmed the signing of Kieran Trippier from Atletico Madrid for an undisclosed fee.
Manchester United name Arnold CEO and confirm Woodward exit January 6, 2022 Manchester United have confirmed that managing director Richard Arnold will take over as chief executive when Ed Woodward steps down next month. Arnold, who has worked under Woodward since joining the football club in 2007, is to succeed him from 1 February. “I am honoured to have the chance to serve this great club and [...]
Newcastle to kick off spending spree with £12m Trippier January 5, 2022 Newcastle United have agreed a £12m deal to make England full-back Kieran Trippier their first signing since the club’s Saudi takeover. Former Tottenham Hotspur and Burnley defender Trippier, 31, is poised to join from Spanish champions Atletico Madrid. The signing is widely expected to signal the start of a spending spree by Newcastle, who became [...]
Ed Warner: Why 2022 is the year of the sportswash January 5, 2022 A city without snow and a state in the desert. Obvious places to hold the Winter Olympics and World Cup if you are the International Olympic Committee and football governing body Fifa. Welcome to 2022, the Year of the Sportswash. The principal outdoor venues for Beijing 2022 are – on a good day – 90 [...]
Serbian-born TV mogul enters £100m deal to buy majority stake in Saints January 4, 2022 Southampton have confirmed a takeover deal led by Serbian-born cable television mogul Dragan Solak in a deal thought to be worth £100m. Solak is the lead investor of Sport Republic, who have purchased the shareholding of the club held by current owner Gao Jisheng (80%). They will work in partnership with Katharina Liebherr, who retains [...]
Best of 2021: Athletic Bilbao’s two Copa del Rey finals, unique philosophy, and the roles of identity and loyalty in sporting success January 2, 2022 Athletic Bilbao are mid table in LaLiga but maintain their devotion to loyalty and philosophy. Here, Frank Dalleres looks at the oldest club in the Spanish top-flight. Originally published 31 March 2021. Athletic Bilbao manager Marcelino Garcia Toral could be forgiven for using the old cliche about every game feeling like a cup final. That’s [...]
Deloitte’s sport business forecast: Women’s football to reach new heights in 2022 December 31, 2021 This year has been one to remember for women’s football, with further significant growth in the women’s game, including a £30m sponsorship deal announced for the FA Women’s Super League and Women’s Championship, marking a new record for investment in women’s sport in the UK. More broadly beyond the UK, according to Deloitte’s analysis, 19 of the top 20 revenue [...]
Chelsea’s annual loss tops £145m despite increased turnover December 30, 2021 Chelsea FC have announced an annual loss of £145.6m after tax in the year leading to 30 June 2021. The club, owned by Roman Abramovich since 2003, did however increase its turnover to £416.8m – up from £387.8m. Chelsea are currently third in the Premier League and are reigning European Champions, having beaten Manchester City [...]