Chiyangwa cashes in as Zimbabwe FA hits financial crisis and calls for help

Phillip Chiyangwa

January 8 – Zimbabwe’s, under the oversight of new Sports Minister Raymond Kazembe, is working to put the sport’s finances on a more solid footing, with an extraordinary general meeting of ZIFA having been arranged and a new sponsorship for key teams in the offing.  Meanwhile it has emerged ZIFA President Philip Chiyangwa earned $72,000 in 2017 from renting out his offices to the association.

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Everton show £30.6m profit despite rising wage bill

Everton crowd

By David Owen

January 5 – Another Premier League club has reported strong 2016-17 profits, as a consequence largely of the league’s new TV deal. Everton have clocked up a £30.6 million post-tax profit on turnover of £171.3 million, almost £50 million more than the previous highest recorded.

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