Ed Warner: What’s next for the losers in the rush to embrace sovereign wealth? June 15, 2023 City A.M. columnist Ed Warner discusses the recent LIV Golf merger, the Saudi Arabia PIF deal and what comes next for the losers in the rush to embrace sovereign wealth. Elite runners focus on every step of every run. Us mere mortals seek displacement tricks to block out the pain. And so I found myself [...]
From Big Five to Big One: Premier League pulling away from European rivals – Deloitte June 15, 2023 European football’s Big Five leagues are steadily being replaced by a Big One as the Premier League pulls away from its rivals, according to research published today. The total revenue of Premier League clubs reached £5.5bn in 2021-22, around twice as much as its nearest challenger, Spain’s LaLiga, Deloitte’s Annual Review of Football Finance reports. [...]
Jude Bellingham signs for Real Madrid in potential English record transfer June 14, 2023 Real Madrid have confirmed the signing of Jude Bellingham from Borussia Dortmund in what could become a record fee for an English player. The 19-year-old England midfielder is believed to be costing the Spanish champions an initial €103m (£88m). That fee could rise to as much as €133m (£113m), eclipsing the £100m Manchester City paid [...]
Kylian Mbappe puts ball back in Paris Saint-Germain court over summer sale June 13, 2023 Kylian Mbappe has insisted he does not want to leave Paris Saint-Germain this summer, despite indicating that he will not take up the option to extend his current contract. Mbappe’s stance places additional pressure on PSG to sell the World Cup-winning France forward in the coming weeks – or risk losing him for nothing next [...]
Everton CEO departure hints at takeover deal edging towards conclusion June 12, 2023 Premier League club Everton have announced the departure of their chief executive Denise Barrett-Baxendale along with a number of other off-field members of staff. The Toffees’ chief finance and strategy officer Grant Ingles and non-executive director and ex-player Graeme Sharp have also left their roles. It comes after a difficult season at Everton with the [...]
Women’s Super League revenues grow by 60 per cent as teams head for sustainability June 12, 2023 Women’s Super League clubs are on a path to sustainability after growing revenues by 60 per cent in a year. WSL teams’ collective income swelled from £20m to £32m in 2021-22, according to analysis by Deloitte published today. And it is expected to have enjoyed another substantial uplift this season as WSL attendances grew by [...]
Lionel Messi tipped to make Inter Miami worth $1bn and be MLS ‘game-changer’ June 8, 2023 Lionel Messi’s impending transfer to Inter Miami has been hailed as “a game-changer for Major League Soccer” that will make the US franchise worth more than $1bn. Messi announced on Wednesday night that he has chosen to join Miami over offers from Saudi Arabia and former club Barcelona after leaving Paris Saint-Germain. His superstar power [...]
What next for Manchester City if they win the Champions League? June 8, 2023 When the Abu Dhabi United Group bought Manchester City almost 15 years ago, the new owners’ stated aim was to turn a club who had gone 30 years without a major trophy into a major European force. On Saturday against Inter Milan in Istanbul, City could tick the last box on their checklist by winning [...]
Ed Warner: Remove Fifa toxicity to get Women’s World Cup on the box June 8, 2023 When a global sporting event takes place without TV coverage, does it really happen? Or at least, does it really matter? That question should be front of mind for all the protagonists in the standoff over broadcast rights for next month’s Fifa Women’s World Cup. Blank screens are looming larger with every passing day in [...]
Bellingham to join Real Madrid for £88m June 7, 2023 Spanish footballing giants Real Madrid have agreed a deal worth £88.5m for English midfielder Jude Bellingham. The 19-year-old will head to LaLiga from the Bundesliga and Borussia Dortmund. The England international was voted the best player in Germany this season and will join Carlo Ancelotti’s side in the capital of Spain in a deal which [...]