Record £3.2bn in private equity deals for sports teams as funds target football, rugby and F1 November 22, 2021 The last twelve months saw a record £3.2bn of sports team acquisitions by private equity funds, almost treble last year’s total, as they targeted football, rugby and Formula 1 teams, according to new data shared with City A.M. this afternoon. Last year saw an all-time high of 11 PE purchases of stakes in sports teams [...]
Solskjaer: Was it ever meant to be for the United legend? November 21, 2021 The writing has seemingly been on the wall for quite a while, and yesterday morning the Manchester United board made the final move in a game of managerial chess that, until recently, was at a stalemate. Ole Gunnar Solskjaer is synonymous with Old Trafford. Over 200 appearances as a player for the Red Devils spanning [...]
United part ways with Ole Gunnar Solskjaer following Watford defeat November 21, 2021 Manchester United have this morning confirmed that Ole Gunnar Solskjaer has left his role as manager. Norwegian Solskjaer took over at Old Trafford in 2018 as caretaker before signing a permanent deal with the Red Devil’s in March 2019. The news comes after United’s 4-1 loss at the hands of Watford yesterday. In a club [...]
Lilian Thuram: Gareth Southgate sets a good example of what white people can do November 20, 2021 A bespectacled Lilian Thuram reaches for a map of the world and turns it upside down to illustrate his point. France’s most capped footballer is sitting at the desk of his office for this video interview, his studious appearance and the shelf full of books behind him indicating the direction he has taken since retiring [...]
NBC secures Premier League rights November 18, 2021 The Premier League yesterday signed a new six-year deal with NBC. The rights deal will start during the 2022/23 season and will last until 2028. Premier League chief Richard Masters said: “ We are delighted to announce our new US broadcast deal with NBC Sports, who have been brilliant partners for the Premier League.” The [...]
Premier League on rocky road with plans to regulate sponsorship deals in wake of Newcastle takeover November 18, 2021 The recent takeover of Newcastle United by the Saudi Arabia’s Public Investment Fund created quite a storm – both in the media and, according to reports, the other Premier League clubs. Since the introduction of so-called financial fair play regulations at the start of season 2013-14 – known as the Profitability and Sustainability Rules in [...]
Chelsea Digital Ventures: The tech business spun out of a football club November 17, 2021 Look closely next time Romelu Lukaku or Pernille Harder takes a mid-match drink and you may notice something that marks Chelsea out from other football clubs. Because instead of taking a swig from a bottle of Lucozade, or another well known sports hydration brand, players at the west London club have their own in-house product. [...]
Premier League on the verge of £1.5bn US TV deal November 15, 2021 The Premier League is closing in on the sale of its US television rights for a record $2bn (£1.5bn).
Conor Gallagher called up to Southgate’s England squad November 14, 2021 Conor Gallagher has been called up to the England squad ahead of their World Cup qualifier against San Marino. The midfielder is currently on loan from Chelsea with Crystal Palace and has been on England manager Gareth Southgate’s radar since his loan spell at Charlton in 2019. Gallagher “impressed” Southgate The 23-year-old has made 10 [...]
Steven Gerrard confirmed as Aston Villa manager November 11, 2021 Aston Villa have confirmed the appointment of former England captain Steven Gerrard as their new manager. Gerrard joins from Scottish champions Rangers, where he enjoyed success in his first senior management role, leading them to to the title unbeaten last season. He succeeds Dean Smith, who achieved hero status by taking Villa back into the [...]