Northampton Town: Former owner appears in court on £10m fraud charge January 16, 2025 Former Northampton Town chairman David Cardoza and three other men have appeared in court charged with fraud in connection with a £10m stadium redevelopment loan. Cardoza spoke only to confirm his identity and date of birth and was not asked to enter a plea during a hearing lasting less then five minutes at Northampton Magistrates [...]
Baroness Brady rebukes ‘wrong’ Football Governance Bill accusations in Lords January 15, 2025 Baroness Brady launched a sensational rebuke in the Football Governance Bill discussion in the House of Lords last night, defending the Premier League against accusations of effectively dragging its feet. West Ham United chair and Apprentice sidekick Baroness Brady tabled six of the 150-plus amendments that were placed on the record after the government introduced [...]
Ahead of the Game: Hundred franchises set to choose their investors January 15, 2025 The eight Hundred franchises have been asked to name and rank at least two preferred bidders from the private investors who have submitted offers for a 49 per cent stake in the third and final round of the auction process which is currently taking place. All of the Hundred teams attracted multiple bids in the [...]
Leicester City still face PSR danger despite Premier League decision January 14, 2025 Leicester City remain on the hook for possible breaches of PSR rules despite the Premier League deciding not to issue charges to any clubs for the period ending last season. Leicester escaped punishment last year despite being charged with overspending for the period ending 2022-23 after they won a legal appeal centred on ambiguity in [...]
Rashford exit to cost Man Utd as clubs battles to meet PSR rules January 14, 2025 Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]
Football regulator: Fight over Brady-backed ‘sunset clause’ hots up January 13, 2025 Conservative peers including West Ham United chair Karren Brady are this week expected to step up their push for a “sunset clause” that critics fear will render the incoming independent football regulator toothless. The sunset clause would allow for the football regulator to be scrapped after a set period time, likely to be five years, [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]
England star named world’s most valuable footballer January 8, 2025 England and Real Madrid star Jude Bellingham has been named the world’s most valuable football player in a new independent ranking. Bellingham’s double-winning success with the Spanish side and leading role at international level have lifted his value to £210m, according to the CIES Football Observatory. That puts the 21-year-old ahead of record-breaking Manchester City [...]
Ahead of the Game: India want rule change to World Test Championship January 8, 2025 India are pushing for an overhaul of the International Cricket Council’s points system for the World Test Championship after missing out on the final for the first time. Australia’s 3-1 Test series win over Rohit Sharma’s side secured their place in the final against South Africa at Lord’s this summer, condemning India to third in [...]