Business

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.

After Financing $4 Billion Super League, JPMorgan Admits It ‘Misjudged’

LONDON — JPMorgan said on Friday it regretted supporting soccer clubs in launching a breakaway European Super League after the plan collapsed earlier this week due to a storm of protest from fans and politicians.

"We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future," a representative for the bank said. "We will learn from this."

Jürgen Klopp And Marcelo Bielsa Express Similar Feelings About Super League

Following Liverpool’s 1-1 draw with Leeds United in Premier League action on Monday, we finally got down to business. Despite there being no official word on the start date of the newly formed European Super League, we do know that the league is now official and our worst dreams have been realized.

UEFA Calls European Super League A “Spit In The Face” Of All Football Lovers

MANCHESTER, England - European soccer's governing body UEFA on Monday said clubs and players joining a proposed breakaway Super League could be banned from all of its competitions and the World Cup as it condemned a "disgraceful and self-serving proposal.”

Addressing an emergency meeting the day after 12 of Europe's top clubs announced the breakaway, UEFA president Aleksander Ceferin upped the ante, describing the Super League plan as a "spit in the face" of all football lovers.

Pure Greed: The 12 Confirmed Super League Clubs And Their Billionaire Owners

Following are the ownership details and Champions League records of the 12 top European clubs who announced on Sunday the launch of a breakaway Super League, and similar details on Paris St Germain and Bayern Munich, two major European clubs not taking part in the Super League:

Who Would Be In European Super League?

ARSENAL

Forbes Reveals Its 2021 List Of The World’s Richest Soccer Clubs

Barcelona have leapfrogged Spanish rivals Real Madrid to become the world's most valuable soccer club with a valuation of $4.76 billion, according to a list published by business magazine Forbes on Monday.

Real Madrid, who have topped the list five times in the past, edged Barcelona 2-1 in El Clásico on Saturday but find themselves second best off the pitch with a valuation of $4.75 billion.

Premier League Clubs Spent $375 Million On Agent Fees In The Last Year

Premier League clubs paid a total of 272.2 million pounds ($375.1 million) to agents in the year to Feb. 2021, with Chelsea heading the list of top-flight spenders, according to data released by the Football Association (FA) on Wednesday.

Despite suffering major losses due to the COVID-19 pandemic, Premier League clubs spent nearly nine million pounds more on agent fees than in the previous year.

Serie A Moves To CBS Sports After $221 Million Deal

MILAN - CBS Sports has secured exclusive rights to screen Serie A matches in the United States for the next three seasons, Italy's top flight soccer league and the U.S. TV group said in a joint statement on Thursday.

Besides 380 league matches per season, the deal also includes some Italian Cup matches and the one-off national Super Cup Final, they added.

A source familiar with the matter said CBS Sports will pay some $200 million to screen the Serie A games over the 2021-2024 period, and $21 million for the Italian Cup.

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