Leicester City and JD Sports probed by watchdog over merchandise September 30, 2021 The Premier League’s Leicester City and retailer JD Sports are being investigated by the Competition and Markets Authority (CMA) over suspected anti-competitive behaviour relating to merchandise. The watchdog said in its case that it has “reasonable grounds to suspect one or more breaches of competition law” and that the CMA “has not yet reached a [...]
QPR launch bond in bid to part-crowdfund new £20m training ground September 30, 2021 Queens Park Rangers have launched a bond in a bid to partially crowdfund their plans for a new £20m training ground. The five-year bond is aimed at supporters and retail investors and will pay five per cent interest plus a 25 per cent bonus should QPR be promoted to the Premier League by 2026. “Supporter [...]
Juventus v Chelsea: Fallen Old Lady setting out on road to recovery September 29, 2021 Juventus have endured a more turbulent year than most clubs yet there ought to be some spring back in the step of the Old Lady when they face Chelsea in the Champions League on Wednesday. Over the last few days, the most successful team in the history of Italian football have recorded significant victories off [...]
Paris Saint-Germain boast bigger stars but Man City have found better way to spend their billions September 27, 2021 The subplots will be as numerous as the superstars when Paris Saint-Germain host Manchester City in the Champions League on Tuesday evening. It’s Qatar v Abu Dhabi in the battle of the state-backed modern-day mega-clubs. Mauricio Pochettino v Pep Guardiola. El Cashico, if you absolutely must. Fitness permitting, and perhaps most intriguingly of all, it [...]
Premier League NFTs: Sorare aiming to launch digital fantasy football trading cards collection following similar deal with Spain’s LaLiga September 21, 2021 French technology start-up Sorare is hoping to launch a range of NFTs comprising digital fantasy football trading cards with the Premier League. The company, which has raised £500m from investors including SoftBank, has emerged as a major player in sport’s growing blockchain economy and recently struck a deal with Spain’s LaLiga. “We have had conversations, [...]
Legal Q&A: How referees’ pay could be hit by a tax dispute with HMRC and why this could have wide-reaching effects on the gig economy September 21, 2021 Lawyer Kevin Barrow explores the implications of an ongoing case between referees and HMRC. What’s this case about? It’s about whether PGMOL (Professional Game Match Officials Limited) needs to deduct income tax and National Insurance Contributions (NICs) from payments it makes to referees whom it has engaged on a self-employed “gig worker” basis to officiate at [...]
Opinion: Why Derby County’s financial woes show that football is broken and needs fundamental change September 20, 2021 The unfolding disaster at Derby County should never have been allowed to happen, but sadly this is just the latest example of a game that has increasingly allowed itself to lose touch with reality. We have seen the collapse of FA Cup winners Bury and the demise of Macclesfield, while others, such as Wigan and [...]
Survey shows that most football fans want World Cup every two years, says Fifa September 16, 2021 Fifa has stepped up its push for biennial World Cups by reporting that most football fans support the controversial proposals. The world governing body cited a survey of 23,000 people in 23 countries undertaken in July as part of a wider feasibility study. Fifa did not reveal any further figures but said it had drawn [...]
Scottish Premiership clubs Hibs, Hearts, Aberdeen, Dundee and Dundee United task Deloitte with finding ways to increase league revenues September 15, 2021 Scottish Premiership football clubs have commissioned Deloitte to conduct a review of the league with a view to unlocking new revenue. Aberdeen, Dundee, Dundee United, Heart of Midlothian and Hibernian say they would like to see annual distributions increase from £27m to at least £50m a year by 2026. The five clubs say they will [...]
Barcelona suffer another financial blow with Rakuten set to pull plug on €30m-a-year shirt sponsorship September 9, 2021 Japanese e-commerce giant Rakuten is to end its €30m-a-year sponsorship of Barcelona at the end of the season, according to reports. The development is another blow for the beleaguered titans of Spanish football, who are more than £1bn in debt and lost star player Lionel Messi this summer. Rakuten has been the main shirt sponsor [...]