Business

The Boston Breakers Have Reportedly Folded

The Boston Breakers, formerly the longest-continuously-operating women's soccer team in the United States, has folded. Players were notified on Wednesday.

You Can Definitely Guess Which Premier League Club Invested In Crypto-Currency

Arsene Wenger, the Professor with an economics degree, is dipping Arsenal’s pocket book into the crypto-currency markets. The club reached an agreement Wednesday with California-based CashBet, which will thus be allowed to advertise at Emirates Stadium. Now Gunners fans can watch ads for fake money while cheering for fake trophies. The Arsenal crypto-currency deal might just be the most Arsenal thing ever. 

20-Year-Old Manchester City Starlet Makes Prudent Real Estate Investment

Owning your own home is a great way to build wealth. Any smart money person will tell you this. Instead of paying someone else's mortgage while renting, home ownership allows individuals to build equity in their dwellings, turning a living situation into an investment. Home ownership is one of the easiest pathways to wealth and financial stability, but many people either can't afford a down payment for a mortgage or neglect home ownership altogether out of ignorance.

Coutinho Reportedly Paid Out Of His Own Pocket To Move To Barcelona

Philippe Coutinho is finally a Barcelona player after months of speculation, two dubious injuries during transfer windows and several rejected bids from Barcelona. No secret was made of the Brazilian international's desire to move from Liverpool to Barcelona, but few could have foreseen Coutinho's desire being so desirous that he reportedly paid out of his own pocket to help finance the deal, one of the most lucrative in history.

Nashville Named Major League Soccer’s 24th Team

It’d been clear for a couple days now, but a formal press conference at the Country Music Hall of Fame confirmed Nashville as one of two expansion franchises that could begin play as early as 2020 in Major League Soccer. With Los Angeles FC set to join the league in 2018 as the 23rd club, Nashville is now MLS’s 24th side and the third team in the Southeastern United States (Atlanta and Orlando being the other two).

Surprise! The Chinese Super League Is Completely Unsustainable

It turns out spending millions of dollars on manager Andre Villas-Boas and immediate want-aways Carlos Tevez and Jackson Martinez amounts to little more than burning money for the Chinese Super League. According to a recent audit by accounting firm PwC and as reported by Goal, the CSL’s clubs are currently in a combined debt of over $600 million.

MLS Names Four Finalists For Two 2020 Expansion Team Spots

On December 6 in New York City, four Major League Soccer expansion hopefuls will stand in front of the league’s expansion committee and commissioner Don Garber and make their case to be one of two new sides slated to begin play in 2020. They’ll talk about things like business metrics (“F*ck that,” says Columbus), stadium plans and making bank.

Why The U.S. And China Are Buying More World Cup Tickets Than Everyone Else

Maybe you haven’t heard, but the U.S. will not be participating in the 2018 World Cup in Russia. But that hasn’t stopped Americans from purchasing more tickets for next summer’s tournament than any other country outside the host nation. And the U.S. isn’t the only country that won’t be competing in Russia to rank in the Top 10 in World Cup ticket sales.

The Biggest Roster Casualties And Shakeups From MLS Contract Deadline Day

Monday marked Contract Deadline Day in Major League Soccer, meaning that all clubs (apart from the four still participating in the MLS Cup playoffs) had to announce which player contract options they’d picked up and which players they’d effectively cut. 

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