Clubs should not spend more than they earn, warns Platini
April 14 – UEFA President Michel Platini today renewed his attack on the Premier League when he claimed that the massive debt being carried by clubs was destroying the sport.
April 14 – UEFA President Michel Platini today renewed his attack on the Premier League when he claimed that the massive debt being carried by clubs was destroying the sport.
April 13 – Chelsea’s wage bill in the last financial year was £142.6 million ($219.3 million) while the value of the club’s squad, including John Terry, Frank Lampard and Michael Ballack (pictured), dropped by nearly £40 million ($61 million).
April 13 – West Ham United need to make sure they avoid relegation from the Premier League first before they start thinking about plans to move into the Olympic Stadium, Sir Trevor Brooking (pictured) has warned.
April 13 – Stan Kroenke (pictured), the single largest shareholder in Arsenal, has decided to buy the 60 per cent of the NFL team St Louis Rams he does not already own which puts a big question mark over whether he plans to bid for the Premier League club.
April 12 – One of Arsenal’s biggest shareholders decided to sell her stake in the Premier League club today raising the possibility of a takeover bid for the North London side.
April 12 – Liverpool owners Tom Hicks and George Gillett (pictured) are set to announce this week that the club is officially up for sale but with the Royal Bank of Scotland (RBS) extending the deadline on their outstanding loan the need for a rapid “fire” sale has been eased.
April 10 – Frank Lowy (pictured), the chairman of Football Federation Australia (FFA), is set to launch a bid to take-over former English champions Leeds United, it was reported today.
April 4 – Liverpool are set to reject a bid for control of the club from New York-based fund management company Rhône Group, which would enable them to pay off £100 million of debt demanded by Royal Bank of Scotland.
April 1 – FIFA President Sepp Blatter (pictured) has criticised the amount of debt in the Premier League although he ruled out the introduction of a salary cap as a way of preventing more clubs entering administration.
March 31 – The Premier League fear a controversial Ofcom ruling will lead to the world’s top players, like Manchester City’s Carlos Tevez (pictured), turning their back on England.
March 27 – English football’s super-rich owners, like Sheikh Mansour at Manchester City and Roman Abramovich at Chelsea, face drastic new curbs on their influence under UEFA proposals, according to a report.
March 26 – American Stan Kroenke (pictured) has increased his stake in Arsenal, putting him within 10 shares of the threshold that forces him to make a takeover bid for the Premier League club.
March 24 – Portsmouth have received a much-needed boost with the news the Premier League will allow the club to sell players immediately to ease their £60 million debts.
By Duncan Mackay
British Sports Internet Writer of the Year
March 23 – West Ham United and Newham Council are working together on a joint bid that will include athletics to occupy the £537 million Olympic Stadium after 2012, they revealed today.
By Duncan Mackay in Whistler
British Sports Internet Writer of the Year
March 19 – Sebastian Coe (pictured), the chairman of London 2012, has claimed that comments from critics that the Olympic Stadium should be turned over to a football club after the Games and that if it used to stage athletics it is waste of public money are beginning to sound like “a cracked record”.