Criminal proceedings have been opened against FIFA president Gianni Infantino by a special prosecutor looking into dealings between the head of the global soccer body and Swiss Attorney General Michael Lauber, Swiss authorities said on Thursday.
LaLiga’s Deportivo Alavés has decided to change its corporate image with a new badge and crest for the club's centenary on January 23. Since 1921, the club has changed its logo a total of eight times. Talk about commitment issues …
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The MLS expansion team in Charlotte received disappointing news on July 18 that the club’s inaugural season was pushed back due to the coronavirus. The moping for the new Charlotte team only lasted a couple days as spirits are high once again. On Wednesday morning the name and logo were released and received mostly positive reviews.
NFL quarterback Patrick Mahomes received an historic contract on Monday, signing a 10-year deal with the Kansas City Chiefs worth up to $503 million. The half-a-billion dollar contract is the largest in North American sports history and absolutely dwarfs most contracts in the soccer world.
ViacomCBS Inc said on Thursday it had signed an agreement with European soccer's governing body UEFA to live-stream Champions League matches on CBS All Access in the United States, starting this season through 2024.
The Bundesliga should earn some $4.95 billion from domestic broadcast rights for the four years from 2021-22 onwards, the German Football League said on Monday, with Sky awarded the prime package of all Saturday games.
The deals announced on Monday are slightly less lucrative than the existing four-year deal that ends next season. Worth $5.18 billion, that was an 85% jump from the previous agreement.
Amazon announced that it will air the rest of its Premier League matches for free on Amazon Prime while live streaming them on Twitch. No membership will be required to watch the four matches shown by Amazon.
One of the four matches has yet to be announced, but the other three include Crystal Palace vs. Burnley on June 29, Everton vs. Southampton on July 6 and Watford vs. Newcastle on July 11.
European soccer body UEFA has temporarily relaxed its break-even rule known as Financial Fair Play, saying it wants to make sure that clubs are not penalized for unforeseen losses caused by the COVID-19 pandemic this season.
The European soccer body said in a statement that clubs' accounts for the 2020 and 2021 financial years would be assessed together rather than separately, to give clubs time to recuperate from losses suffered during the last three months.
The suspension of soccer leagues across Europe due to the COVID-19 pandemic will see overall player value drop by 6.6 billion euros ($7.5 billion), or about 18 percent, in the transfer market, KPMG's global head of sports Andrea Sartori said.
The majority of leagues have resumed or are in the process of restarting their seasons behind closed doors before the transfer window reopens, with clubs still reeling from the financial impact of the months-long shutdown.
It was reported at the start of June that NBA superstar Kevin Durant had bought a minority stake in the Philadelphia Union. On Monday the club confirmed Durant and his company, Thirty Five Ventures, bought a 5-percent stake of the club.