June 9 – Four years after starting proceedings, a consortium headed by David Beckham has cleared a crucial hurdle in bringing a Major League Soccer franchise back to Miami.
June 9 – Real Madrid’s Cristiano Ronaldo is the highest paid athlete on earth with earnings of $93 million, according Forbes magazine’s annual ranking of sportstars’ salaries. In a top 100 list dominated by 63 US athletes (29 of them from the NBA), Ronaldo came top of the earnings pile for a second year running.
June 7 – Business magazine Forbes has released its 14th annual list of the world’s most valuable ‘soccer’ teams with Manchester United returning to head the ranking with a value of $2.6 billion on turnover of $765 million, an 11% gain on its previous year’s numbers.
June 1 – Nottingham Forest’s new chairman, Nicholas Randall QC, has written an open letter to the club’s fans outlining the management plans for club and shedding more light on the new owners and in particular Evangelos Marinakis, also the owner of Greek champions Olympiacos.
June 1 – Premier League Tottenham Hotspur have agreed a £400 million five-year bank loan to support the construction of the club’s new 61,500 seat new stadium. The facility is being provided by Bank of America Merrill Lynch, Goldman Sachs and HSBC Bank.
By Paul Nicholson
May 31 – The latest KPMG Football Benchmark report on the Enterprise Value of clubs is ultimately a homage to Manchester United and the Premier League’s bumper television rights deal.
May 31 – Former Liverpool CEO Ian Ayre has stepped down from his role as managing director at German club 1860 Munich after less than two months.
May 31 – It may not be quite as remarkable a fairytale as Leicester City’s Premier League title a year ago but Huddersfield Town are the latest club to defy the odds – and all financial logic – by grabbing a spot in English football’s top flight.
May 26 – Chelsea topped the table of Premier League revenue share from TV, commercial and merit awards with £152.8 million for the 2016-17 season. The season marked an earnings breakthrough for Manchester City who came second, ahead of rivals and perennial cash machine Manchester United who were down in fifth spot in terms of PL earnings.
May 25 – With Europe’s giant clubs preparing for their pre-season invasion of the US for the International Champions Cup (ICC), Mexico is also looking to share in the Euro thirst for North America hosting Champions League finalist Juventus and Porto in the pre-season Super Copa Tecate.
May 24 – After hiring seven managers and being banned three times, Massimo Cellino’s spell as owner of Leeds United is over, with Italian businessman Andrea Radrizzani taking charge of the giant English club which is still striving to get back to the top flight.
By Andrew Warshaw
May 23 – In a major development apparently linked to the ongoing United States probe into football-related corruption, former Barcelona president Sandro Rosell has been arrested, along with his wife, as part of a money laundering investigation.
May 23 – The German top-flight team owned by Volkswagen face relegation for the first time in 20 years as the carmaker continues to suffer from the fallout of the emissions scandal.
May 23 – American billionaire businessman Michael Eisner is poised to take control of Portsmouth, one of English football’s most iconic but, in recent years, troubled clubs after its Supporters Trust (PST), which took control in 2013, voted to sell its 48.5 per cent share.
May 23 – Manchester United have added a seventh game to what is starting to look like a pre-season globetrotting marathon. They will play against Sampadoria in Dublin on August 2 at the Aviva stadium.