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Football finance

  • EFL clubs urged to sue government after being cut out of £300m bailout

    December 17, 2020

    English Football League (EFL) clubs should unite and sue the government for excluding them from its sport bailout, says one owner. The Sports Winter Survival Package last month issued £300m of emergency funding to offset the financial impact of Covid-19. Rugby union received £135m and horse racing £40m, but the only funding for football was [...]

  • The Week in Sportbiz: Premier League toasts beIN deal; banker set to buy Lille; breakaways boosted; Australian Open delay; and Griezmann bins Huawei

    December 17, 2020

    Christmas cheer has arrived early at the Premier League after it agreed a new $500m deal with beIN Sports. The contract, which gives beIN exclusive broadcast rights in 24 countries across the Middle East and North Africa, is effectively a three-year extension to their deal for 2019-22. It comes as a boost to the Premier [...]

  • Rangers, Hummel and JD Sports probed by competition watchdog over replica kit pricing

    December 16, 2020

    Scottish football club Rangers are being probed by the UK competition watchdog over the pricing of their replica kits. The Competition and Markets Authority is also investigating Rangers’ former kit maker Hummel and retailers JD Sports and Greaves Sports. The CMA said it’s probe centred on “suspected anti-competitive behaviour in relation to the price at [...]

  • The Week in Sportbiz: ATP Tour omits Alexander Zverev from new campaign, Bundesliga courts private equity, Matchroom signs Campbell Hatton

    December 10, 2020

    The ATP Tour launched its new marketing campaign this week, and tennis fans didn’t need Hawk-Eye to notice there was someone missing. Stars of the men’s circuit Roger Federer, Novak Djokovic and Rafael Nadal naturally featured prominently in the promotional material. So did some less well-known names, including world No34 Hubert Hurkacz, No37 Jannik Sinner [...]

  • Post-Brexit transfer rules: How they work and why legal experts believe they are good for English football

    December 9, 2020

    Post-Brexit transfer rules will be “easier and better” for English clubs and “a good thing for football”, according to a leading immigration lawyer. From January 2021, all overseas signings will have to prove their eligibility via a points system that takes into account factors including how many games they have played. In addition, English clubs [...]

  • Banning betting companies from sport sponsorship will create a huge void that may never be filled

    December 7, 2020

    A few months ago, football club Swansea City announced its university namesake as its new shirt sponsor and thereby broke ties with a betting company.  They may be just the first of many football clubs to break away from gambling and, like Swansea City, they will take a financial hit from the switch. This year’s [...]

  • Premier League agrees £250m bailout package to help EFL clubs survive pandemic

    December 3, 2020

    The Premier League has agreed a £250m bailout for struggling clubs outside the top division. The aid package for the English Football League (EFL) includes £50m in grants for teams in Leagues One and Two. A further £200m in interest-free loans will be made available to clubs in the Championship. The long-awaited deal to mitigate [...]

  • It’s coming home: Former City banker bids to bring England’s 1966 World Cup glory back to life

    December 1, 2020

    A former City banker hopes to bring England’s finest footballing hour back to life by showing the 1966 World Cup final in colour for the first time. Neil Canetty-Clarke is one of the leading figures behind #FullColour66, which aims to raise £700,000 via a unique crowdfunding campaign that launches today. Investors can pledge as little [...]

  • Return of fans to sport will encourage brands to lift the handbrake on big campaigns

    November 30, 2020

    When The Beatles walked off-stage at Candlestick Park, San Francisco in August 1966 it would be another two and a half years until they played live. When they walked out onto the roof of Apple Records HQ on Savile Row a small matter of 885 days later, they launched straight into a brand-new track: Get [...]

  • The making of Chris Kamara: How ex-footballer went from lads and dads’ hero to prime time national treasure

    November 27, 2020

    As a football player and later a manager, Chris Kamara forged a successful if, by some standards, unspectacular career in an unfashionable era.  England recognition never arrived, and his biggest victories came outside a top division that had not yet become the millionaires’ playground of today. More than two decades since he left the game, [...]

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