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Today Newcastle United confirmed they are to sell the naming rights of their stadium. Their Managing Director Derek Llambias said that “due to the tough economic times we all face stadium rebranding offers the club additional income, which will be vital for taking the club forward”. To help attract potential interested parties the board are to rename...
Even though third party ownership was banned in England after the Carlos Tevez West Ham fiasco, it is still quite common in other parts of the world such as South America. The FA introduced the ban before the season of 2008/2009, which required clubs to buy out any third party owners before any transfers can be approved.
For those of you who don’t...
Well this doesn’t really come as a surprise now does it. Barcelona and Real Madrid were never going to share the TV revenue equally and yesterday Barca vice-president Javier Faus confirmed these fears to the media. The current deal for TV revenue for the La Liga clubs expires in 2015, where spains giant 2 rake in the highest revenues, forcing...
Today the Liverpool MD Ian Ayre stated that premier league clubs should be able to set their own TV deals, instead of equally sharing the revenues between the 20 clubs in the league. Ayre mentioned on the BBC website that other European clubs such as Spain’s La Liga giants Barcelona and Real Madrid don’t follow the premiership model and create larger...
The last 6 years for arsenal fans have been tough to say the least, having gone from a team which won the league unbeaten, to selling their best players year after year in order to pay off the stadium debts (so what we’ve been told). Every year arsenal fans are told that the club is financially stable and fed continuous lies that money is available...
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It’s not only the top European clubs who seem to be worried about ffp. Today on the BBC website Nigel Doughty (Nottingham Forrest Chairman) explained his decision to step down as chairman, following Steve McClarens resignation. McClaren claimed he quit due to the club’s lack of ambition. But due to the impact of financial fair play over the next...
Below is a link to a video on uefa’s financial fair play rules with uefa general secretary Gianni Infantino. In this video he outlines why financial fair play is necessary for the long term stability of football.
financial fair play rules vital for football
According to BBC Sport Uefa are planning on withholding prize money and issuing transfer bans on clubs who fail to meet their financial fair play rules. These new regulations are to ensure clubs live within their own means and would come into play for the 2013/2014 season.
Inter Milan Chief Executive Ernesto Paolillo felt the penalties were a good idea,...
I stumbled across an article in the guardian yesterday, which outlined the spending of premiership clubs in this summer’s transfer window. According to reports from the guardian premier league clubs spent around £194 million. There was also no surprise to who the biggest spenders of the summer were, with Man City spending a whopping £63.6 million....
Yes this is another article about arsenal, but I promise this will be the last one……well at least for today.
Arsenal had a frantic end to the transfer deadline last night. Arsene Wenger brought in experienced players in Mikel Arteta (29) and Yossi Benayoun (31), with the latter brought in on loan. Both of these signings have a substantial...
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