Business

Messi’s Astronomical Barcelona Contract Is Mysteriously Leaked

Just when you thought Barcelona had turned the corner with four straight league wins and a place in the quarterfinals of the Copa del Rey, here comes that nasty debt of $1.42 billion and the ugly realization that the greatest footballer of all-time is headed out the back door again! (Along with another Luis Suárez brace for Atlético.) 

Three-Time Grand Slam Champion Naomi Osaka Joins NC Courage Ownership Group

Japan's three-times Grand Slam tennis champion Naomi Osaka has invested in National Women's Soccer League (NWSL) team North Carolina Courage to become a team owner, the U.S. top-flight club said on Thursday.

"The women who have invested in me growing up made me who I am today, I don't know where I would be without them," Osaka, the world number three, wrote on Twitter. "Throughout my career I've always received so much love from my fellow female athletes so that's why I am proud to share that I am now an owner of the NC Courage."

The World’s 30 Richest Clubs After The Hellstorm That Was 2020

If you’re FC Barcelona, do you want the good news first, or bad news? The good news is that, according to Deloitte’s annual report for the world's richest soccer teams 2021, Barcelona was the highest-earning club in 2020! The bad news is that total revenue was decreased by nearly $153 million, a precipitous fall of 15 percent from 2019’s earnings. Oh, and you’re also $1.46 billion in debt.

FIFA Promises To Unilaterally Destroy Anyone That Even Thinks About A European Super League

World soccer's governing body FIFA says players who feature in any breakaway European Super League would be banned from playing in FIFA competitions, including the World Cup.

In a joint statement with European governing body UEFA and the other five continental confederations on Thursday, FIFA said they would not recognize any such breakaway.

UEFA Thinking About Using Only One Host Country For Euro 2020 Tournament

Bayern Munich CEO Karl-Heinz Rummenigge has said UEFA President Aleksander Čeferin is weighing up whether to stage the European Championship in one country this year rather than across the continent as planned due to COVID-19 concerns.

However, UEFA responded by saying it was continuing to work on existing plans for 12 countries to host the tournament. The 24-nation event, a major revenue generator for European football's governing body and the national federations, was postponed by 12 months due to the pandemic.

Montreal Impact Rebrand Looks Like A Winter Puffer Jacket Patch

Montreal's MLS club bid adieu to the Impact nickname Thursday and rebranded as Club de Foot Montreal, or CF Montreal for short.

The club made the announcement and unveiled a new logo during a virtual press conference.

Project Mbappé: Real Madrid Wants To Offload 6 Players To Make Room For The PSG Star

One of the most fascinating storylines in Europe right now is the direction of Paris Saint-Germain under new manager Mauricio Pochettino. If it all goes well, PSG could be looking at a Champions League title and a potential Kylian Mbappé contract extension. If Pochettino and his charges don’t see eye-to-eye, that will only expedite Mbappé’s long-rumored move to Real Madrid (“Project Mbappé”), Liverpool or Manchester City. 

Arsenal’s Mesut Özil Agrees To Fenerbahçe Move

Fenerbahçe will sign German midfielder Mesut Özil from Arsenal for three and a half years for an undisclosed fee, Turkey's private Demirören news agency and other Turkish media reported on Wednesday.

While there was no immediate comment on the reports from Fenerbahçe, broadcaster A Spor said Özil and the club had agreed on the transfer in principle and that the 32-year-old would join the former Turkish champions later in January.

In A Post-Pandemic World, The Smart Money Is On Women’s Sports

Elite women’s sports are predicted to generate $1 billion in revenue in 2021.

With just a fraction of the investment dollars and comparatively paltry marketing and promotional budgets compared to those allocated to men’s sports, this is conceivably a conservative estimate. As sport emerges from the challenges imposed by COVID-19, women’s sports are becoming a lucrative business opportunity. Don’t believe us? You’re not alone.

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