Business

Nike Finally Explains Alarming Reason It Ended Neymar Relationship Last Year

Nike Inc said on Thursday it ended its partnership with Brazilian soccer star Neymar last year because he refused to cooperate in an investigation into sexual assault allegations leveled against him by a Nike employee.

Neymar, who currently plays for Paris St. Germain, denies the allegations, his spokeswoman said in a statement.

The world's largest sportswear maker said in a statement it viewed the allegations about an incident in 2016 as "credible" but also said an independent investigation it commissioned was inconclusive.

15-Year-Old Olivia Moultrie Could Sign For An NWSL Team After Latest Court Order Victory

Olivia Moultrie is a 15-year-old soccer phenom who has been training with the Portland Thorns since 2019 after Nike signed her to a nine-year endorsement deal. Moultrie has been denied from signing with a team due to the National Women’s Soccer League’s age rules, but that could soon change.

MLS Designated Players 2021: Complete List For All 27 Clubs

The year that was 2020 disrupted a lot of the financial models for Major League Soccer and resulted in a new Collective Bargaining Agreement ratified back in February, but the 26th season of MLS is now underway while looking largely similar to previous editions, particularly with regards to the MLS Designated Players list 2021.

The Columbus Crew Rebrands Into A Hockey Stick Manufacturer

After embarrassing me by losing 5-2 on aggregate to Monterrey in the Champions League, the Columbus Crew has rightfully decided to rebrand itself as a hockey stick manufacturer. The 2020 MLS Cup champion will säkər no more, instead turning its collective efforts to providing Sidney Crosby with the finest of lumber. 

The New Columbus Logo

NYCFC Contest Gifts Sleeve Sponsorship To Bronx-Based Chocolate Company

New York City Football Club will become the first Major League Soccer (MLS) club to feature a small business on their shirts as the team have gifted their sleeve sponsorship to a Bronx craft chocolate company, Reuters has learned on Monday.

NYCFC, through a contest designed to help a local business impacted by COVID-19, surprised Sol Cacao with the prime advertising space to go along with the winning prize of a full partner package.

Here’s How Soccer Clubs Stack Up On Forbes’ List Of Most Valuable Sports Franchises

The average value of the world's 50 leading sports teams rose to $3.43 billion in the face of the COVID-19 pandemic, according to an annual list published by Forbes on Friday that was topped by the NFL's Dallas Cowboys.

Forbes said the average value of the world's 50 most valuable teams on the list was up 11 percent from last year's ranking.

Dislike And Distrust In Manchester: Time For Glazer Family To Sell The Club

MANCHESTER, England - It has certainly been a year of sporting contrasts for American businessman Joel Glazer.

In February, he was in celebratory mood, raising the Vince Lombardi trophy as his NFL team, the Tampa Bay Buccaneers won the Super Bowl, led by veteran quarterback Tom Brady.

Three months later, Glazer's Premier League soccer team, Manchester United, had to call off their match against rivals Liverpool following violent protests against the American's ownership of the club.

Spotify Founder Says He Has Funds To Buy Arsenal From Kroenke

Spotify CEO and founder Daniel Ek said on Wednesday that he has secured funds to test the resolve of Arsenal owner Stan Kroenke in a bid to buy the Premier League club from the American billionaire.

Kroenke and his son and director Josh put out a joint statement on Tuesday saying that they remain "100% committed to Arsenal" and were not interested in selling a stake in the club despite furious backlash from the fans.

New Women’s Champions League Format Promises More Games, Visibility And Money

Back in December of 2019, UEFA revealed its plans for a revamped Women’s Champions League beginning with the 2021-22 season. After a brief nightmare concerning the ramifications of the harebrained European Super League on the women’s game, we can now get back to celebrating the changes that were approved by UEFA’s Executive Committee last week.

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