Money

Lionel Messi Helps Again During Pandemic With Huge Donation

Argentina's health system is on the verge of collapse as the country is overwhelmed by coronavirus cases. Hospitals are running out of space and resources are few and far between. The country has recorded 246,499 total cases and 4,634 deaths because of the virus. On the whole, South America is at its worst moment yet with the virus. 

Borussia Dortmund Certain That Jadon Sancho Will Play For Them Next Season

Borussia Dortmund winger Jadon Sancho left with his team for a pre-season training camp in Switzerland on Monday with the German club saying the talented player would stay after a contract extension to 2023.

Sancho has been the target of several top clubs with ongoing speculation of a possible transfer to the English Premier League.

"We plan on having Jadon Sancho in our team this season, the decision is final. I think that answers all our questions," Dortmund sports director Michael Zorc told reporters in Switzerland.

English League One And League Two Clubs Approve Salary Caps

League One and League Two clubs, representing the third and fourth tiers of English football, have voted in favor of introducing salary caps for their squads, the English Football League (EFL) said in a statement on Friday.

League One clubs agreed to cap total expenditure on player salaries at $3.27 million while those in League Two agreed to an upper limit of $2 million. 

Copenhagen Manager Hilariously Bets His Bonus On Losing To Man Utd In Europa League

FC Copenhagen made history on Wednesday by becoming the first Danish club to advance to a European quarterfinal since 1996 after defeating Turkish champion Istanbul Basaksehir 3-0 (3-1 aggregate). Two things were learned from the match: Copenhagen isn’t to be taken lightly and CBS posts 16-minute long highlight videos.

Arsenal Agrees To Pay Willian $131,000 A Week For 3 Years Despite 55 Staff Layoffs

In the same week that Arsenal announced it's laying off 55 staff as a result of the financial impact of COVID-19, the London club welcomed longtime Chelsea forward Willian for a heaping sum of money, per ESPN.

U.S. Billionaire Signs Deal To Buy Roma For Over $700 Million

U.S. billionaire Dan Friedkin has signed a deal worth more than $700 million to purchase the Italian Serie A soccer club AS Roma, the club said on Thursday.

Roma said in statement that formal contracts with the Houston, Texas-based Friedkin Group were signed on Wednesday for a transaction valued at 591 million euros.

"We look forward to closing the purchase as soon as possible and immersing ourselves in the AS Roma family," Friedkin said in a statement on the club website.

While Negotiating Aubameyang’s Mega-Contract, Arsenal Announces 55 Staff Layoffs

Less than a week after winning the FA Cup to secure their place in next season's Europa League and as they negotiate a multi-million pound contract extension with striker Pierre-Emerick Aubameyang, Arsenal have announced plans to layoff 55 staff. Fans want to blame owner Stan Kroenke.

The club said on Wednesday that the cuts were the result of the financial impact of the Covid-19 pandemic. The announcement sparked an immediate social media backlash from fans contrasting the huge sums involved with keeping key players to the lost jobs of staff at the north London outfit.

The Insane Money Behind Today’s EFL Championship Playoff

Brentford stands to earn some 160 million pounds ($209.28 million) in additional revenue over three years if it defeatd Fulham in Tuesday's Championship playoff final and secure a first-ever trip to the Premier League, Deloitte has said.

An estimated 85 million pounds of that sum would come from central broadcasting distributions and 75 million pounds from parachute payments over the 2021-22 and 2022-23 seasons if Brentford were relegated after a single campaign, it said.

This List Of The World’s Richest Clubs From 1998 Is A Wild Sight

Back in January, Deloitte published its annual Football Money League table to showcase the 20 highest earning football clubs in the world based on turnover for the 2018-19 season. At the top was Barcelona with revenues of over $1 billion. Revenue growth amongst the world’s wealthiest clubs has been exponential over the last decade, a fact that’s verified by Barça’s 1997-98 turnover of $63.5 million — the sixth-highest number on the planet at the time.

Ajax Braces For Another Hellish Transfer Window Of Turnover

Ajax will have to change their playing style after the sale of Hakim Ziyech to Chelsea and the possibility of up to six others leaving before the new season in the Netherlands starts, coach Erik ten Hag said as they began pre-season training.

Ziyech was one of the key figures when Ajax reached the Champions League semifinal last season and also dominated in the Dutch league, but success for the club has meant their players have been in high demand.

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