Bloomberg Hangzhou Wahaha Group Co., the beverage maker owned by China’s richest man, signed a sponsorship deal with 19-time English soccer champion Manchester United Plc to draw sports fans to its energy drink. The three-year agreement will help Wahaha promote its Qili drink in China, the company said in a statement today. The English club may consume Qili […]
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Who benefits from Financial Fair Play?
Recently 4 permiership clubs (Manchester United, Liverpool, Arsenal and Spurs) wrote to the FA asking for a stricter control on financial fair play. You can read the letter on TKTG’s website by clicking here. TKTG looks at the pros and cons of Financial Fair Play and the changes it may bring to the Premiership. Fair […]
Man U, Liverpool, Arsenal and Spurs unite versus big spending rivals
Arsenal, Spurs, Manchester United and Liverpool have written to the FA for stricter financial fair play rules. Below is a copy of the letter obtained from the Daily Mail. The letter was sent on Arsenal’s letterhead. Chelsea, Manchester City, West Bromwich Albion and Fulham oppose and spending controls while the others (besides the other 4) […]
The £24m phone call
As Manchester United head into this weekend’s game against Liverpool with a commanding seven point lead, its tough to see what things would have been like without Robin Van Persie in the United line-up. Amy Lawrence from the Guardian revisits the ‘phone call’ that Sir Alex Ferguson made to Arsene Wenger, which apparently clinched the […]
Fans pay the price
When 912 Manchester City fans refused to pay £62 pounds for the ‘Category A’ game against Arsenal this weekend, it sparked a debate in the media about the rising costs of being a football fan. On the one hand, fans want to see their clubs invest in new players, but at the same time are […]
Carolyn Radford – Football’s youngest CEO stands by her Mansfield
Carolyn Radford does not take long to show her steel. Mansfield Town’s chief executive reacts with a mix of anger and sarcasm to being asked why she and her now husband, John Radford, who owns the club, did not disclose their relationship when he appointed her as English football’s youngest CEO in September 2011, when […]
PSG Secure New Commercial Agreement
While the world is focusing on the Champions League Draw, many might have missed this bit of news. ESPNFC has reported that PSG has signed a new EUR 150 Mln a year deal with the Qatar Tourism Authority. Is it a brilliant marketing deal or a slap-in-the-face for FFP? Paris Saint-Germain have clinched […]
Man City halve their losses
Manchester City have announced pre-tax losses of £93.4 million for the 2011-12 season. It means the Premier League champions have halved their losses, following a record loss of £197.5 million in the 2010-11 campaign. City’s annual revenue also rose beyond £200 million for the first time, partly because of their debut campaign in the Champions […]
Arsenal sign £150m deal with Emirates
Arsenal have announced a new five-year deal with Emirates worth £150 million. The contract with the international airline, worth £30 million a year, includes shirt sponsorship until the end of the 2018/2019 season, as well as stadium naming rights until 2029. The Emirates brand will also continue appearing on Arsenal’s training kits, while the new […]
5 Facts About Money In Football
Who was the first £1000 Footballer? Why were Sunderland once known as ‘the Bank of England’? Where did Manchester United’s wealth originate from? Fact 1: The First £1000 Footballer (Alf Common – joined Middlesbrough from Sunderland in 1905.) Fact 2: The Rise Of United’s WealthIn 1902, Newton Heath were facing bankruptcy. Desperate to […]
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