Tottenham has borrowed $220.40 million from the Bank of England to ease the financial burden due to the loss of revenue amid the COVID-19 pandemic, the Premier League club said on Thursday.
The club said it estimated a revenue loss of more than $250 million for the period until June 2021 due to the loss of income from matchday revenue, third party live events and other sporting events at their stadium.
Players are facing a deadline of high noon on Tuesday to avoid being locked out by MLS owners, ESPN reported on Monday.
At odds over the return-to-play tournament in Orlando, players voted to approve a counterproposal but owners had already determined their best offer was on the table, per the report.
Queens Park Rangers chief executive Lee Hoos has slammed the English Football League's plans to resume the Championship (second-tier) season on June 20, saying clubs were informed of the decision only moments before it was made public.
The Championship has been suspended since March 8 due to the COVID-19 pandemic but the government has given the green light for elite sport to return from Monday behind closed doors provided strict conditions are met.
Broadcasters have not been getting "bang for their buck" from Australian soccer in recent years and creative solutions are urgently needed to revitalize the game, former Socceroos defender Craig Moore has told Reuters.
Moore, who is spearheading the "Golden Generation" group pressing for change in Australian soccer, said COVID-19 had heaped more pressure on administrators already battling to reverse declines in ratings and crowds.
Some of the best years of your life and most cherished moments are the ones spent with the teammates who become your second family throughout the ups and downs that the game of football can throw at you.
There's nothing better than spending multiple days a week with a group of girls that share the same passion and love for the game as you. From the exciting moments of winning a state cup and national title to the tears being shed knowing your time will eventually come to an end, these are all a part of the club team experience.
With around one-third of the Major League Soccer season already postponed due to the coronavirus pandemic, teams apparently are looking for salary relief. ESPN reported Monday that MLS formally proposed to the MLS Players Association that all players take a 20-percent pay cut.
Chinese Super League (CSL) team Tianjin Tianhai, which once employed World Cup winner Fabio Cannavaro as coach and signed Brazilian forward Alexandre Pato, has declared bankruptcy and folded, the club announced on Tuesday.
The companies holding the broadcasting rights to Italy's top-flight Serie A soccer championship, including Comcast's unit SKY, have not paid the last installment of the 2019-20 season, which has been halted due to the coronavirus outbreak, three sources familiar with the matter said.
Ajax is not immune to the financial strain caused by the COVID-19 pandemic, but the club will not be strong-armed into cut-price deals for their players in the upcoming transfer window, chief executive Edwin van der Sar said.
The Dutch club has built a reputation as the "talent factory" of European football over the last two decades and earned about $161.7 million last summer as Frenkie de Jong and Matthijs de Ligt secured high-profile moves to Barcelona and Juventus, respectively.
The Bundesliga season will restart on May 16 after a suspension of more than two months, the German Football League (DFL) said on Thursday, becoming the first European league to resume amid the coronavirus epidemic.
The DFL said the season would restart under the terms of a strict health protocol that bans fans from the stadium, with six games on Saturday, including the high-profile Ruhr valley derby between Borussia Dortmund and Schalke 04.