Wise profit slides as costs racks up from US listing Fintech Money transfer firm Wise saw its profit fall in its latest financial year as costs related to its new primary listing on Wall Street helped take a chunk out of the company’s bottom line. The UK fintech’s profit before tax slid eight per cent to $660m (£500m) – down from $717.5m – in its first [...]
Wise shares plummet as money transfer firm faces fraud investigation Fintech Shares in money transfer firm Wise have plummeted this morning as the fintech faces an investigation over allegations its accounts have been used for criminal activity. Prosecutors in Belgium opened an investigation last year after discovering Wise accounts had been flagged in hundreds of international criminal requests that spanned over 30 European countries. The transactions [...]
Premier League spending not suffocating Europe, insists chief Sport Business Premier League chief executive Richard Masters has denied English clubs’ unprecedented spending in the summer transfer window is “suffocating” rival football leagues. The 20 Premier League clubs spent £3bn over the summer, smashing all records for a transfer window. Their net spend was £1.2bn. This splurge was led by Liverpool, who spent over £400m, while [...]
Premier League clubs break transfer record, spending £2.37bn August 21, 2025 The 20 Premier League clubs have broken the record for the amount spent in a single transfer window, splashing £2.37bn. The transfer of striker Noah Okafor from AC Milan to Leeds United for £18m took the total outlay for the English top flight above the 2023 record of £2.36bn. It comes despite there being another [...]
Premier League clubs pass £2bn in summer spending as record looms August 19, 2025 Premier League clubs have passed £2bn in summer transfer spending as the English top flight closes in on an all-time window record. The continued trickle of transfer fees agreed by Premier League clubs has seen the total spend hit £2.3bn, just £50m short of the 2023 record of £2.36bn. Spending, unsurprisingly, has been fuelled by [...]
Alexander-Arnold and Real Madrid make progress in transfer talks March 25, 2025 Liverpool defender Trent Alexander-Arnold’s move to Real Madrid moved a step closer on Tuesday with talks progressing between the club and the Brit. The 26-year-old, who has made over 300 appearances for the Anfield club, will be without a club should he reach the end of his contract this summer. He has reportedly not pursued [...]
Every Chelsea signing of the Todd Boehly era August 13, 2024 Pedro Neto became Chelsea’s 35th signing since the club were taken over by a consortium led by Todd Boehly. It has seen the Stamford Bridge side’s squad balloon to 42 players, enough (with the academy) to field four different starting XI’s. The £4.25bn purchase of the London club has already seen four managers – Thomas [...]
Manchester United sign Joshua Zirkzee from Bologna July 14, 2024 Manchester United have signed Netherlands international Joshua Zirkzee in what is the first major signing since Ineos owner Sir Jim Ratcliffe purchased a quarter of the club. The Dutch forward has signed with the Manchester club until 2029 from Italian Serie A club Bologna, where he helped them achieve Champions League football. He formerly played [...]