Business

Every club that’s had an extended run in the Premier League is a perfect example for the transitive property (If a=b and b=c, then a=c) that affects modern football: 

According to media reports, the NFL has contributed $12.8 million toward Tottenham Hotspur's new stadium.

The initial payment will  likely go towards custom-tailoring the 61,000-seat stadium for hosting NFL games. Tottenham had agreed to a 10-year deal that allows the NFL to host a minimum of two games per season at the stadium, which is not expected to open until the start of the 2018-19 season.

Many applauded MLS for the terms of its most recent TV deal in 2014. At a sum of $90 million per year from Fox, ESPN and Univision, it marked a five-fold increase from its previous annual broadcasting fees. Still, the league has a lot of catching up to do if it wants to compete with other top leagues.

At last, Yonghong Li’s Rossoneri Sport Investment Lux has completed the purchase of AC Milan from Silvio Berlusconi’s Fininvest. The deal values AC Milan at 740 million euros, which includes the club’s debt of 220 million. 

Giorgio Chiellini has had a good go of this "professional footballer" thing but everyone knows the real money is in business. That's why it was a wise choice for Chiellini to set himself up for the future by getting his MBA from the University of Turin.

Many doors have opened with this degree. Chiellini can go into finance, sales, marketing, management, systems analysis, systems administration, operations or even entrepreneurship.

The USA, Mexico and Canada have reportedly agreed to submit a joint bid for the 2026 World Cup at the CONCACAF conference this weekend.

Soccer fans know that the outcome of a match doesn’t always reflect what transpired on the pitch. Talking heads have long debated whether a team was lucky to win or unlucky to lose, often with little substantial proof to argue against the scoreboard. The expected goals statistic (xG) has changed that, equipping soccer enthusiasts with a metric for “what should've happened.” 

U.S. Soccer and the U.S. women’s national team have come to terms on a new collective bargaining agreement after months of uncertainty and advocacy. The five-year deal will cover both the 2019 FIFA Women’s World Cup and the 2020 Olympics.

U.S. Soccer and the USWNT Players Association ratify collective bargaining agreement through 2021.

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The drawn out sale of AC Milan has seemingly reached a breakthrough. Elliott Management, a United States-based hedge fund, has agreed to finance a large portion of the remaining capital owed to Silvio Berlusconi’s current ownership group Fininvest. Elliott has provided an essential assist to Rossoneri Sport Investment Lux (sharing AC Milan’s nickname but unrelated to the club), Chinese investor Yonghong Li’s investment vehicle leading the AC Milan purchase.