London, United Kingdom | AFP | Manchester City’s appeal against a two-year ban from European competition will be heard by the Court of Arbitration for Sport (CAS) from Monday in a case of wide-reaching repercussions. City are accused of overstating sponsorship revenue to hide that they had not complied with UEFA’s …
Read More »Takeovers that changed Premier League history
London, United Kingdom | AFP | Newcastle United’s sale to a Saudi-backed consortium appears to be close to completion — a deal that could turn the long-time underachievers into a major Premier League power. The potential £300 million ($370 million) takeover will reportedly see Saudi Arabia’s Public Investment Fund take …
Read More »Financial rules at risk of being ‘scuppered’ if Man City overturn European ban
London, United Kingdom | AFP | European football’s financial fair play rules risk being “scuppered” if Manchester City overturn their two-season ban from continental competition, according to a soccer analyst. UEFA announced the punishment on Friday and also imposed a fine of 30 million euros ($32 million, £25 million) on the …
Read More »Man City overtake Man Utd as most valuable Premier League club
London, United Kingdom | AFP | Manchester City have overtaken Manchester United as the Premier League’s most valuable club, with higher wages and lower profits hurting the Old Trafford powerhouse, according to a football finance survey published Friday. Premier League champions City are valued at £2.364 billion ($3.07 billion) in 2017/18, up £385 million, according …
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