Fresh doubt over Chelsea takeover amid issues with deal’s terms May 16, 2022 Fresh doubt has been cast over the multibillion-pound takeover of Premier League outfit Chelsea with a new licence yet to be agreed. Government officials are said to have doubts over the reissuing of a licence which expires at the end of the month. The football club have been placed under such a licence following the [...]
Premier League consults top clubs over debt-fuelled takeovers May 14, 2022 The Premier League is weighing up a formal ban on debt-fuelled club takeovers as football gears up for an industry overhaul. As first reported by Mark Kleinman for Sky News, Premier League execs are in discussions with the top twenty teams about the change in ownership rules and leveraged buyouts. The consultation process is expected [...]
North London derby: Tactical puzzle awaits in £50m clash between Tottenham and Arsenal May 12, 2022 There is no love lost between the two sides tethered by the Seven Sisters Road but tonight’s north London derby between Tottenham Hotspur and Arsenal promises to be especially combustible. The stakes are higher than they have been for any north London derby in several years, with both teams hunting a return to the Champions [...]
Government commit to football regulation in Queen’s Speech May 10, 2022 Today’s Queen’s Speech confirmed the government’s intention to introduce an independent football regulator in a bid to stabilise footballing finances. The speech – written by the Government but read by Prince Charles on behalf of the Queen – included the regulation plans among its priorities for this parliamentary term. The football regulator will be designed [...]
Manchester City win race to sign hot property Erling Haaland for knockdown £64m May 10, 2022 Manchester City have won the race to sign one of world football’s hottest properties, Norway striker Erling Haaland, according to widespread reports. Haaland was also wanted by Real Madrid after scoring 85 goals in 88 games for German club Borussia Dortmund but has opted to move to England this summer. City are expected to pay [...]
Chelsea ride storm to deliver first trophy since club put up for sale May 8, 2022 Chelsea are Women’s Super League champions for the third consecutive season after Emma Hayes’ side weathered a challenge from Arsenal and brought the club its first trophy since they were put up for sale and owner Roman Abramovich sanctioned. But early yesterday afternoon, on the final day of the season, Jonas Eidevall’s Gunners had one [...]
Liverpool part-owner RedBird Capital Partners makes approach to buy AC Milan – reports May 5, 2022 RedBird Capital Partners, the US investment firm with a minority stake in Liverpool’s owners, is interested in buying AC Milan, according to reports. RedBird has approached AC Milan’s owners, US hedge fund Elliott Management, about a possible deal for the Italian football club, reports Mark Kleinman for Sky News. Bahrain’s Investcorp had been expected to [...]
Chelsea facing administration unless Roman Abramovich drops plans to call in £1.5bn debt May 4, 2022 Chelsea owner Roman Abramovich will likely have to drop plans to call in his £1.5bn loan to the club or see it go into administration. Abramovich is reported to have scrapped an apparent previous commitment to write off the debt as part of the sale of the club. The sanctioned Russian oligarch is not allowed [...]
Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers May 4, 2022 Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]
Chelsea sale: Deal plunged into doubt after U-turn on loan repayment – reports May 3, 2022 Fresh doubt surrounds the proposed sale of Chelsea after it was reported that owner Roman Abramovich wants to change the structure of the deal. Having previously indicated that he was willing to write off more than £1.5bn of debt owed by the club to another of his companies, he is now said to have asked [...]