Edinburgh City's 15-point deduction upheld
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European soccer teams fighting for players are igniting a debt market using the players’ transfer fees as collateral.
August 13 – The Romanian Football Federation (FRF) has launched a special campaign targeting Romania’s “most loyal supporters” and man’s best friend – dogs.
August 7 – Football’s most wanted, former Concacaf president and FIFA vice-president Jack Warner, looks to have once again evaded the possibility of extradition to the USA on 29 charges of wire fraud, racketeering, money laundering, and bribery.
July 28 – FIFA has returned fire in its war against players’ union FIFPro criticising what it says is the “increasingly divisive and contradictory tone adopted by FIFPRO leadership”. While calling for a return to the negotiating table, the FIFA statement will likely only escalate the conflict – perhaps the statement’s only objective as FIFA bids to break the unions.
July 17 – UEFA has delivered its verdict on Montenegrin club FK Arsenal Tivat, and it is brutal. Banned from European competition for ten years. Half a million euros in fines. Life bans for key figures.
July 10 – Olympique Lyonnais have pulled off the great escape, with French football’s financial watchdogs at the DNCG reversing their previous decision to relegate the historic Ligue 1 club.
Spending outpaces gains from transfers and marketing as debt returns to 2020 levels
MADRID (Reuters) -FC Barcelona said on Friday it was selling 424 million euros ($498 million) in bonds as part of a deal to restructure the debt it contracted for its Camp Nou stadium renovation that allows it to postpone the first repayment to 2033 from 2028.
June 26 – Unsurprisingly, global footballing superstar Lionel Messi is the highest-paid player in the Major League Soccer (MLS) ranks – shocking stuff.
During the three-year partnership, Airbnb will serve as an Official Partner for the FIFA Club World Cup 2025™, an Official Supporter
MILAN - Champions League finalist Inter Milan is set to early repay a 415 million euro ($479.57 million) high-yield bond this month as the Italian soccer club prepares to secure funds from a new debt deal, it said in statement on Friday.
Foster + Partners has been selected to work alongside Manica on the design of a new stadium for AC Milan and Inter Milan, according to reports in Italy. Gazzetta dello Sport has reported that a contract with Foster + Partners is in the process of being finalised. |
Explore how global sports influence politics, diplomacy, and human rights, shaping international relations and societal change across the world stage
Austrian energy drink company Red Bull has taken full ownership of Newcastle Falcons, who will be renamed Newcastle Red Bulls, the Premiership Rugby side said on Tuesday.
Edinburgh City have been landed with a punishment over a long-standing issue
BBC Sport looks at a new legal case described as a 'seismic confrontation' between football players and Fifa
Sporting Lisbon is working with JPMorgan Chase & Co. on a plan to raise at least €100 million ($117 million) in debt in the coming months, according to people familiar with the matter.
Global players' union Fifpro is not invited to a "key" meeting that Fifa president Gianni Infantino held on player welfare and where a minimum three-week off-season break was agreed, BBC Sport has been told.
Save Wimbledon Park is challenging major expansion plans by the AELTC at the High Court.
July 8 – FIFA has opened an office at Trump Tower in New York City, deepening its already close ties with the much-criticised US administration.
MILAN - Inter Milan have secured 350 million euro ($411 million) financing through a U.S. private placement of senior secured notes maturing in 2030, needed to repay early a high-yield bond due in 2027, the Champions League finalists said on Thursday. Read more at straitstimes.com. Read more at straitstimes.com.
French club Lyon are demoted to Ligue 2 because of the poor state of their finances.
The deal would mark the most expensive sale of a US sports team in history.
Brescia fans are in uproar after patron Massimo Cellino failed to cover outstanding debts, so the club will be declared bankrupt. |
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