Why RFU boss Sweeney is set for no confidence vote Sport Rugby Football Union chief executive Bill Sweeney will face a vote of no confidence after over 180 clubs and bodies rebelled against the governing body’s biggest name. Sweeney, alongside chairman Tom Ilube, will face the music in February following a grassroots-led revolt against the body led by the referees’ union and the Championship clubs at [...]
US group in talks to buy Sheffield United from Saudi prince Sport Business Sheffield United are in takeover talks with an American consortium led by private equity boss Steven H Rosen. Rosen is the co-founder of Resilience Capital Partners, which mostly backs manufacturing and aerospace companies and has raised or advised on more than £500m of investments. He is leading negotiations on behalf of a US consortium with [...]
Watford FC valued at £175m with fans able to buy 10 per cent Back of the (Hor)nets Watford FC has been valued at £175m after it confirmed it will be looking to offer up to 10 per cent of the Championship club in an equity grab open to fans. Punters would need to purchase a minimum of four shares (valued at £12.44 each) with up to £17.5m up for grabs. The shares [...]
Red Bull Leeds? Energy drink giant buys stake in Championship club May 30, 2024 Energy drinks giant Red Bull have this morning completed the purchase of a minority ownership stake in Championship club Leeds United. The club confirmed the partial acquisition when Red Bull were confirmed as a front-of-shirt partner for the club who lost the play-off final last weekend to Southampton. “Minority ownership in Leeds” A statement read: [...]
New 999-year Millwall lease hailed as fantastic news for Bermondsey and London May 9, 2024 Championship side Millwall have secured a new 999-year lease that should breathe life into London’s football scene. The Bermondsey club are one of 14 London clubs currently in the Premier League and the EFL. And despite having another 120 years on its current lease, the new near-1,000 agreement will lift red tape on redevelopment of [...]
Championship and Sky to SCRAP 3pm football blackout in August May 8, 2024 The 3pm football blackout has been scrapped by the EFL and Sky Sports for the opening weekend of the season with every game set to be broadcast. It is part of a new deal that will see the broadcaster increase its live coverage by 50 per cent from next season. The £935m deal will involve [...]
Championship final-day permutations: Ipswich, Leeds, play-offs, relegation and a £290m prize May 3, 2024 How it stands and who needs what on a nervy final day when hundreds of millions of pounds will be on the line.