Man Utd needs Champions League return to hit top level of Adidas cash

adidas and manutd

By Andrew Warshaw
August 1 – The pressure on Manchester United to put in a strong season and get back to dominating the Premier League under new coach Louis van Gaal has been underlined with the revelation that the club must return to the Champions League before the end of the 2016-17 season or face the prospect of a 30% reduction in their world record £75 million-a-year kit deal with Adidas.

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Moldovan businessman buys Romania’s Rapid Bucharest

Rapid Bucharest

By Jaroslaw Adamowski
August 1 – Moldovan businessman Valerii Moraru has acquired 94.72% of the shares in Romanian club Rapid Bucharest. The full cost of the club to Moraru has not been declared but it has been reported he paid between €2.7 million and €4 million for the 20% stake he purchased from Adrian Zamfir, one of the club’s former co-owners.

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