Kop of living crisis: Soaring bills hit Liverpool’s bottom line February 28, 2023 It seems that even the world’s richest football clubs are not immune to the cost of living crisis after soaring bills put a dent in Liverpool’s profits. The Premier League club achieved record revenues of £594m last season but turned a pre-tax profit of just £7.5m following a steep rise in matchday overheads. The return [...]
The gap between the football brand behemoths and the rest is likely to grow February 23, 2023 The bidders for football club Manchester United are now in a virtual data room, filling their spreadsheets and compiling their questions. The job of the Glazer family’s investment banking advisors, Raine Group, is now to find ways to squeeze every possible dollar out of this football asset. One trick of the bankers’ trade is to [...]
Do Real Madrid have Liverpool’s number? Why the Spanish giants have become the Reds’ Champions League nemeses February 21, 2023 At their best Liverpool have been irresistible under Jurgen Klopp, the most vivid expression yet of the German’s high-octane vision of football – except, it seems, when facing Real Madrid. Klopp has led the Reds into battle with the Spanish giants four times since he took the helm at Anfield in 2015. They have lost [...]
Liverpool supporters sue Uefa: 600 fans demand compensation for Champions League crowd trouble that ‘ruined lives’ February 14, 2023 Hundreds of Liverpool supporters have launched a legal claim for compensation from Uefa after European football’s governing body was blamed for the crowd trouble at last year’s Champions League final. Law firm Leigh Day is representing more than 600 Reds supporters who they say “should be recompensed for the trauma they experienced” during chaotic scenes [...]
Sports TV: What’s on, what time is it on, where to watch? January 20, 2023 European rugby groups conclude this week as the sports schedule begins to look towards February. There’s free-to-air football on the television while the Australian Open continues. Here’s what you need to add to your sporting calendar this weekend. Rugby: Harlequins v Sharks, Saturday This weekend sees the final round of the group stages of rugby [...]
World’s richest football clubs 2023: Manchester City retain top spot as Premier League clubs dominate Deloitte Football Money League – see the full ranking January 19, 2023 Manchester City have retained their status as the world’s richest football club, according to the latest edition of the Deloitte Football Money League, which underlines the dominance of the Premier League. Abu Dhabi-owned City topped the annual list, which is based on revenue in the 2021-22 season, for a second year in a row, ahead [...]
Liverpool beaten 3-1 by buzzy Brentford in Premier League January 2, 2023 Liverpool’s hopes of closing the gap to the Premier League top four took a blow tonight as they were beaten 3-1 by Brentford at the Gtech Community Stadium in London. The Bees netted through an Ibrahima Konate own goal before Yoane Wissa doubled their lead. Alex Oxlade-Chamberlain cut the deficit but Bryan Mbeumo scored to [...]
Middle East investment in Manchester United or Liverpool: Sports law predictions for 2023 December 29, 2022 As has become traditional at this time of year, City A.M. has called on the wisdom of Mishcon de Reya’s Simon Leaf and Tom Murray to dust off the crystal ball, don their best Mystic Meg outfits and offer their sports law predictions for next year. So here is our take on 2023 – and [...]
Liverpool kick off January transfer window with £37m signing of Cody Gakpo December 29, 2022 Liverpool have fired the starting pistol on an intriguing January transfer window by confirming the £37m signing of Netherlands forward Cody Gakpo. The Reds beat rivals Manchester United to Gakpo, who arrives on a five-and-a-half year contract from his boyhood club PSV Eindhoven. “There is a lot to like about Cody,” said Liverpool manager Jurgen [...]
Manchester United: Glazers face disappointment over £6bn price tag November 23, 2022 Manchester United’s owners, the Glazer family, look likely to have to drop their asking price of £6bn to £8bn for the Premier League football club. The Glazers, who also own NFL franchise the Tampa Bay Buccaneers, announced they were ready to sell United after 17 years in charge earlier this week. The Americans fired the [...]