Kylian Mbappe: Why Paris Saint-Germain believe star’s new €105m contract will pay for itself May 22, 2022 Paris Saint-Germain believe Kylian Mbappe’s lucrative new €105m contract, which helped to keep him out of the clutches of Real Madrid, will pay for itself. Mbappe signed a new three-year deal with PSG on Saturday worth around €35m a year, putting the 23-year-old France forward in the same pay bracket as team-mate Lionel Messi. It [...]
Football club Arsenal to donate £5 to community projects for every new shirt they sell May 19, 2022 Premier League football club Arsenal have pledged to donate £5 to local community work for every new home shirt that they sell. The north London club made the promise as part of the launch of their new kit, which goes on sale today and will be worn by the team in Sunday’s final game of [...]
Chelsea directors Buck and Granovskaia set to share in £50m takeover bonus pool May 18, 2022 Chelsea directors including chairman Bruce Buck and Marina Granovskaia are set to receive multimillion pound bonuses once the sale of the club is completed, according to reports. Buck and Granovskaia will share in £50m once a consortium led by Todd Boehly, part-owner of the LA Dodgers baseball team, complete its takeover, according to The Times. [...]
Coalition of football clubs file lawsuit against insurers in wake of landmark Axa ruling May 17, 2022 A coalition of football clubs have filed a multi-party lawsuit against six major insurers seeking a larger payout for money lost during Covid-19, after the UK’s Supreme Court said businesses are allowed to reclaim losses suffered due to the impacts of the pandemic. A consortium of 20 separate claimants – including Arsenal, Liverpool, and Aston [...]
Arsenal, Tottenham, Liverpool and 17 other top clubs hire City firm to take on UK’s biggest insurers in mega football claim May 17, 2022 Some of England’s biggest football clubs – including Arsenal FC, Aston Villa FC, Tottenham Hotspur FC and West Ham FC, have instructed City law firm Clifford Chance to launch a multi-party action against some of the biggest insurance players in London. The group of 20 claimants, which also includes Liverpool FC and Leicester City FC, [...]
Derby County takeover: Buyer Chris Kirchner exchanges contracts on deal for football club May 17, 2022 Prospective Derby County owner Chris Kirchner says he has exchanged contracts on a takeover of the football club. Kirchner has been locked in talks for months with administrators, stadium owner Mel Morris and the English Football League over a deal. If completed, the transaction would bring to an end the crisis at one of the [...]
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 [...]