Parachute payments: Government clarifies stance after regulator move October 24, 2024 The government insists it does not want parachute payments to be abolished, despite giving the incoming football regulator new powers to look at the controversial mechanism. The Premier League and English Football League remain at loggerheads over the issue, which has contributed to an impasse over the so-called New Deal of financial redistribution. More than [...]
Formula 1 driver follows Murray and Messi into padel business October 24, 2024 Formula 1 driver Pierre Gasly has joined Andy Murray and Lionel Messi as an owner of a team in padel’s Hexagon Cup. Alpine racer Gasly has joined forces with financier and fellow Frenchman Loic Fery, the president of football club Lorient, to establish 10Padel. They will be the eighth and final team in next year’s [...]
Government bows to Uefa pressure over Football Regulator foreign policy veto October 23, 2024 The requirement for the incoming Football Regulator to consider government foreign policy in club takeovers has been dropped from the new Football Governance Bill, which will be reintroduced to Westminster today. The Bill, formulated under the previous government but not ratified in time for the election, will enter the House of Lords today in a [...]
Premier League fans to protest about rising ticket prices October 23, 2024 Supporter protests over Premier League ticket pricing are set to be staged over the next two weekends, the Football Supporters’ Association has said. The FSA said fan groups would meet ahead of the next two rounds of games, which have been designated as an opportunity to support the #StopExploitingLoyalty campaign. Nineteen out of 20 clubs [...]
A$AP Rocky, Rihanna, Tranmere Rovers and football’s ‘celebrification’ October 23, 2024 The deal is just the latest example of football’s “celebrification”.
Premier League faces new legal battle – and nemesis barrister October 23, 2024 The Premier League is facing another legal battle with top players and clubs over its financial rules, having already suffered bruising defeats to Leicester and Manchester City this season. Footballers’ union the PFA has hired leading barrister Nick De Marco KC to challenge the top flight’s plans to introduce a new system of “anchoring” next [...]
Government pledge to make UK “top destination for women’s sport investment” October 23, 2024 The government has today pledged to make the United Kingdom a “top destination for women’s sport investment”. Investment minister Poppy Gustafsson, formerly of Darktrace, has launched the Women’s Sport Investment Accelerator scheme to bring together 20 leagues and teams with investors to boost commercial activity in women’s sport. The participating sports include football, cricket, rugby, [...]
Fulham takes shot and partners with tequila brand October 22, 2024 Premier League club Fulham have signed the top flight’s first tequila sponsor, sealing a long-term deal with Tequila Enemigo. The partnership will see the tequila sold across the hospitality spaces at Craven Cottage, whose Riverside Stand is nearing completion after a mammoth overhaul. The premium Tequila Enemigo is the first spirit brand of its kind [...]
Chanel dips oar into sport as Boat Race sponsor October 22, 2024 Fashion giant Chanel has ventured into sport sponsorship for the first time after agreeing to become the headline partner of The Boat Race. The annual Thames regatta between Oxford and Cambridge Universities will be known as The Chanel J12 Boat Race after the luxury brand, privately owned by Alain and Gerard Wertheimer, signed a long-term [...]
Premier League: Non-dom tax changes could be ‘own goal’ for No11 October 22, 2024 The Premier League could face an exodus of high-profile players if the government continues plans to eliminate the non-dom tax status in the upcoming Budget, experts have warned. Changes to the way tax is paid on overseas earnings could prove “an own goal” if they cause players to leave the English top flight when they [...]