Business

British Watchdog Calls Out Arsenal Over Misleading Crypto Ads

LONDON — Britain's advertising watchdog warned Arsenal on Wednesday over ads for its "fan tokens," a type of cryptocurrency embraced by soccer clubs this year as coronavirus pummelled their revenues.

FIFA Claims Biennial World Cup Will Bring In Extra $4.4 Billion; Clubs Say They’ll Lose $9 Billion

International football leaders were told by FIFA on Monday that a switch to a biennial World Cup would create an extra $4.4 billion in revenues for the world body.

FIFA is holding a 'global summit' of leaders of national football federations to discuss their proposal to increase the frequency of the World Cup from every four years to every two.

The financial data forms part of an overall feasibility study which FIFA is presenting on Monday. No vote is planned from the event which forms part of FIFA's consultation process.

Nike’s First Student-Athlete Sponsorship Deal Isn’t With Who You Might Expect

This summer, the NCAA abandoned its archaic rules prohibiting college athletes from making money off their name, image and likeness. On Tuesday, UCLA women’s soccer player Reilyn Turner was announced as the first Nike NIL deal, a sign the athletic apparel behemoth is interested in more than putting its products in front of the most eyes possible.

U.S. Soccer No Longer Paying USWNT’s NWSL Salaries; USWNT Files Final Brief In Equal Pay Appeal

As if the recent NWSL trading spree hasn’t been enough to keep track of — Krashlyn off to New York, Julie Ertz to LA and now Alex Morgan going to San Diego — two major financial news stories dropped for the U.S. women’s national team on Monday.

Ronaldo Wanted To Buy An MLS Club But Decided It Wasn’t Worth It

After his legendary career, Brazilian striker Ronaldo wanted to buy a soccer team. The two-time World Cup winner eventually settled on LaLiga, where he spent six total seasons. Turns out, O Fenômeno initially wanted to buy an MLS club but decided it wasn’t worth it.

Be Ready To Pay For Peacock For Another 6 Years

NBC has won a bidding war and retained the U.S. Premier League TV rights after major competition from broadcasters like ESPN and CBS. The American broadcaster announced a six-year extension with the EPL on Thursday.

Bidding War For U.S. Premier League TV Rights Just Got Even More Interesting

The U.S. Premier League TV rights bidding war just took a turn that is likely to benefit individual EPL clubs. The English Premier League is sending the bidding to a second round, a sign the league thinks it can squeeze even more money out of American broadcasters desperate for one of the hottest commodities in sports. It now appears the new U.S. Premier League TV rights owner (or potentially owners) will be decided next week.

U.S. Soccer’s New Nike Deal Largest Commercial Agreement In USSF History

The U.S. Soccer Federation said on Wednesday it reached a long-term deal with Nike to extend their apparel partnership along with a focus on elevating the profile of the women's game globally and promoting inclusivity.

Terms of the deal, which U.S. Soccer said is the largest commercial agreement in the history of the national governing body, were not disclosed but multiple media reports said it was a 10-year agreement.

ESPN Has Entered The Fray For U.S. Premier League TV Rights

NBC’s eight-year grip on the U.S., English-language TV rights to the Premier League may be at an end. Who ends up with the next big rights package remains to be seen, but one of the biggest players in American sports broadcasting has entered the fray.

ESPN confirmed it has placed a bid for the rights to broadcast the English Premier League in the U.S. on Tuesday, saying soccer is very much a part of its plans for ESPN+ moving forward.

Antonio Conte Is Officially The New Boss Of Tottenham — Can He Lead Spurs To Glory?

LONDON — Tottenham Hotspur have named Antonio Conte as manager until the summer of 2023, the Premier League club said on Tuesday, a day after sacking Portuguese coach Nuno Espirito Santo.

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