City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services
Manchester United slip to fourth in Deloitte Football Money League as Liverpool, Manchester City, Chelsea and Tottenham also make top 10 January 26, 2021 Manchester United have slipped further down the ranking of the world’s richest football clubs, according to Deloitte. England’s highest-placed team are fourth in the 2021 Football Money League, published today, after being overtaken by Bayern Munich. Barcelona and Real Madrid continue to occupy the top two places as clubs saw revenues contract due to Covid-19. [...]
Chorley FC, Marine AFC and the true value of a fairytale FA Cup run to non-league football clubs January 22, 2021 When Chorley FC take on Wolves in the FA Cup tonight, there will be more at stake for the non-league club from Lancashire than a place in the fifth round. If Chorley manage another upset against their Premier League opponents, they will earn £175,000 from broadcast payments and the FA’s prize fund alone. Chorley’s FA [...]
Week in Sportbiz: Fifa spooked into action by Super League talk; Uefa may rip up Euro 2020 plans; London Marathon chiefs eye records January 21, 2021 Is football governing bodies’ ultimate bogeyman the European Super League in danger of actually happening? Fifa and its six confederations, including Uefa, have been sufficiently spooked into warning they will ban any footballer who takes part in a putative breakaway competition from playing in World Cups and their regional equivalents, such as the European Championship. [...]
Right to Dream founder Tom Vernon to explore buying British football club after securing €100m investment for pioneering project January 20, 2021 The English coach behind Africa’s leading football academy, Right to Dream, has secured a €100m investment to expand the pioneering model and explore the purchase of a British club. The deal sees Egyptian conglomerate the Mansour Group become majority shareholder in Right to Dream, which also owns Danish football club FC Nordsjaelland. Founder Tom Vernon, [...]
Mesut Ozil: Arsenal exit raises questions about player power and at what point clout becomes baggage January 18, 2021 The case of Mesut Ozil – signed to rapture and fanfare, ushered out the door to relief all round – is a very modern transfer tale. After Arsenal pulled off the surprise signing of Ozil in summer 2013, shirt sales increased 12-fold and tickets at Emirates Stadium became even harder to come by. The club [...]
Week in Sportbiz: Amazon and private equity target Serie A; Arsenal pick Garlick; sponsors keep faith; and boosts for electric racing January 14, 2021 Amazon’s foray into broadcasting Premier League matches could be a taste of things to come in Italy. The retail behemoth has held talks about buying the domestic rights to show Serie A on its Prime Video platform, according to multiple reports. Amazon has already secured a foothold in the Italian market, snapping up some Champions [...]
Metrica Sports: Meet the tech company which works with FC Barcelona giving away its football analytics software to amateurs January 13, 2021 Barcelona were one of Metrica Sports’ first clients but it was when the video and data analysis provider signed up Stockport County that its founders knew they were really onto something. The company, created in 2013 by three football-mad neuroscience PhD students, proved quick to gain a foothold with a handful of elite clubs thanks [...]
Manchester City owner City Football Group makes Club Bolivar the 11th club in its network January 12, 2021 Manchester City owner City Football Group has added Bolivia’s most successful side, Club Bolivar, to their portfolio of football teams. Bolivar becomes the 11th team in the group but the first to be designated as a “partner club” to City. City Football Group said the tie-up would give Bolivar access to its expertise and proprietary [...]
French football’s financial crisis: Why Ligue 1’s €3bn deal with Mediapro collapsed and what it means for the Premier League January 8, 2021 Lille OSC are flying high in Ligue 1, into the latter stages of the Europa League — and €125m in debt. This season, financial turmoil off the pitch is tainting the French football club’s on-field success. Last month, Lille’s major creditors JP Morgan and Elliott Management forced the club’s embattled owner Gerard Lopez to sell [...]
Sport tackles Covid-19: How Chelsea, Tottenham, Liverpool and tennis chiefs at Wimbledon are helping the NHS and vaccine roll-out January 7, 2021 Football clubs Chelsea, Tottenham and Liverpool as well as Wimbledon tennis chiefs have pledged to join the fight against Covid-19. Chelsea owner Roman Abramovich has offered to put up NHS staff at the Copthorne Hotel adjoining the club’s Stamford Bridge home. Tottenham bosses have made their stadium available for administering vaccines, as have Liverpool. The [...]