Business

Black Players for Change formed in response to nationwide protests following the murder of George Floyd by a police officer in 2020. An independent organization of more than 170 players, coaches and staff in Major League Soccer, the BPC aims to “bridge the racial equality gap” in American society. 

On Thursday, MLS announced one of the organization’s biggest wins yet, a $25 million loan from a syndicate of Black banks. The landmark deal will help bridge that racial economic gap in ways never done before in American professional sports. 

European soccer champions Chelsea are now effectively controlled by the British government after sanctions were imposed against Russian owner Roman Abramovich on Thursday.

Abramovich, who had been under scrutiny following Russia's invasion of Ukraine, had announced he was selling the Premier League club last week.

EA Sports is following FIFA and UEFA’s lead in supporting Ukraine while also punishing Russia. The governing soccer bodies announced bans on the Russian national team and clubs earlier in the week. EA Sports has announced its plans to remove the national team and clubs from FIFA 22.

The Kylian Mbappé to Real Madrid transfer saga has already taken turns that are without precedent, but after the 23-year-old again showcased why he's already the most electrifying footballer on the planet during PSG's 1-0 win over Real on Tuesday, another twist was reported by The Independent

Brazilian police have arrested a man they believe hacked into Neymar’s bank accounts and repeatedly stole small sums of money amounting to more than $40,000, officials in São Paulo said.

Police said the alleged hacker worked at an unnamed bank where the Paris St Germain and Brazil player and his business manager father had accounts.

Manchester United returned to the top of the table on Monday but not the one they were hoping for as they were named the club with the biggest transfer losses in the last decade, splashing out more than $1.14 billion on players.

A study published by Switzerland-based independent research group CIES Football Observatory revealed United had a net spend of $1.23 billion since 2012, spending $1.77 billion on transfers while making $538 million back in player sales.

Let preseason commence — an NWSL CBA has been ratified.

Hours before players were scheduled to report to preseason training camps, the NWSL and NWSLPA reached an agreement on the league’s first collective bargaining agreement, which averts a potential work stoppage right before the 2022 season. The NWSL CBA provides basic minimum standards of compensation and treatment, including paid mental health leave, free agency and no longer being forced to play on substandard fields.