Rangers to return to market to raise further £8m investment

Rangers

November 28 – Scottish club giants Rangers are seeking new investment to plug an anticipated £8 million requirement over the next year, but cash is likely to be needed as soon as January. The club said it will seek the funds via a fresh share issue after announcing an operating loss of £8.3 million for the year to 30 June 2014.

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Romanian authorities launch probe into owners of Petrolul Ploiesti

Petrolul Ploiesti

By Jaroslaw Adamowski
November 27 – Romanian prosecutors from the Directorate for the Investigation of Organised Crime and Terrorism (DIICOT) have launched a probe into the two main shareholders of the Petrolul Ploiesti club, Daniel and Nicolae Capra, and Marius Bucuroiu, the side’s general manager. The three club officials were arrested together with four others on the suspicion of tax evasion and money laundering.

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Irish troubles: Delaney apologises for singing Republican song

John Delaney

November 26 – Football Association of Ireland chief executive John Delaney (pictured) has apologised after a video of him singing an Irish Republican song in a Dublin bar was broadcast on Youtube. Delaney was part of a group singing a song about Northern Irish man Joe McDonnell who was one of the IRA hunger strikers who died in 1981.

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Efbet adds Levski Sofia to its Bulgarian portfolio

efbet levski

By Alexander Krassimirov
November 26 – Sports betting company Efbet has continued its sponosrship expansion into the top tier of Bulgarian football with the addition of Levski Sofia to its portfolio. Efbet now has a sponsorship lock on almost all the leading teams in the Bulgarian championship – CSKA Sofia, Lokomotiv Sofia, Slavia, Lokomotiv Plovdiv and Botev Plovdiv.

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Seifert leads German call for World Cup boycott

dfl seifert christian neu 6

By Andrew Warshaw
November 24 – The chief executive of Germany’s Bundesliga is the latest high-profile figure to enter the debate over Fifa’s handling of the 2018 and 2022 World Cup anti-corruption investigation, saying coordinated action was needed from Europe to reform world football’s governing body.

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