What impact will ECJ ‘Bosman Mark II’ Diarra ruling have on private equity? October 14, 2024 The so-called “Bosman Mark II” Diarra ECJ ruling will have an impact on football but fortune will favour the flexible when it comes to private equity. Described by many as “Bosman Mark II,” the recent European Court of Justice (ECJ) ruling in the Lassana Diarra case has captured the attention of the European footballing community, [...]
Mercury/13 co-chief: We could partner WSL club within two years October 14, 2024 Mercury/13 co-chief Mario Malavé discusses the women’s football portfolio, where global growth is and which clubs the organisation will buy next. Mercury 13 was a privately funded programme that aimed to ready women for space flight. It was a revolutionary mission in 1960 that, nine years before Neil Armstrong set foot on the moon, put [...]
How Manchester City made shareholder loans the Premier League’s new battleground October 11, 2024 Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]
Has Fifa wildly overestimated the value of Club World Cup media rights? October 11, 2024 Was Fifa too hasty in rejecting Apple’s reported $1bn (£760m) offer for media rights to next summer’s inaugural beefed-up Club World Cup? That is a question football’s governing body may have to ask itself as time ticks down towards the new 32-team tournament in the US next summer. With only eight months to go until [...]
Arsenal are overachieving in the Premier League, but do fans appreciate it? October 10, 2024 In a parallel universe, Arsenal have already beaten Manchester City to the title. Forget Pep and Mikel’s inflamed war of words in this season’s scrap for the Premier League trophy; the Gunners have bagged the prize for outperforming their playing budget. Football, though, must ultimately be about fans’ dreams, not investors’ and bank managers’ bottom [...]
Two IPL team owners battle to buy Manchester Originals in Hundred sale October 9, 2024 The interest is a significant boost for England cricket chiefs’ much-maligned sales process.
The Notebook: Less of the doom please. Business is spooked! October 9, 2024 Business optimism is plunging and no wonder. With all the doom and gloom, has Labour forgotten its mission of growth? Asks Kiki McDonough
Manchester City say Premier League rule is now void. Lawyers disagree October 8, 2024 Lawyers have shot down claims by Manchester City that the Premier League’s associated party transaction (APT) rules should be considered “void” following the club’s partially successful legal challenge. In a letter to the other 19 top-flight clubs, Manchester City general counsel Simon Cliff said APT rules – designed to prevent clubs benefiting from artificially inflated [...]
US group in talks to buy Sheffield United from Saudi prince October 8, 2024 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 [...]
Manchester City defeat Premier League over financial rules October 7, 2024 The Premier League has suffered another blow to its regulatory powers after Manchester City partially won a challenge to rules on associated party transactions (APT). An independent arbitration panel agreed with the current champions that some elements of the APT rules did not comply with competition and public law requirements, and that clubs should be [...]