Business of Soccer - Page 3

Apple TV

/ 748 days ago

Apple wants MLS to be the best soccer league in the world

Apple Senior Vice President Eddy Cue wants Major League Soccer (MLS) to eventually become the best soccer league in the world. The executive at the mammoth tech company cited the sheer economic power of the United States. He made the claims at the recent Soccerex Miami event. “When I think of America, it’s the biggest […]

Argentina

/ 756 days ago

The Messi Effect book explores story behind MLS’ record signing

A new book surrounding Lionel Messi's move to Major League Soccer is now officially in the works. The Argentina international shocked many around the world when he joined Inter Miami in the summer. Paul Tenorio, a soccer writer for The Athletic, is authoring the upcoming book entitled The Messi Effect. According to the publisher, the […]

Business of Soccer

/ 756 days ago

Everton takeover: 777 didn't disclose $600 million losses

The potential change of ownership at Everton has taken yet another hit. Farhad Moshiri, the Merseyside club's current majority owner, previously agreed to sell the team to 777 Partners. However, there have been multiple setbacks regarding the possible new regime. Fellow Premier League sides almost immediately privately voiced their concerns regarding the financial standing of […]

Botafogo

/ 757 days ago

US entrepreneur banned for 30 days for Botafogo outburst

Brazilian soccer authorities have banned American businessman John Textor for 30 days due to recent comments during an epic pitchside rant. Textor, 58, currently owns a stake in many soccer clubs around the globe, including Brazilian side Botafogo. The American was fuming after his club's 4-3 defeat against Palmeiras on Nov. 1. Botafogo held a […]

Business of Soccer

/ 770 days ago

777 Partners may receive discount if Everton get points deduction

The new potential owners of Everton, 777 Partners, may end up paying less for the club than they expected because of an impending points deduction. The American investors previously agreed to purchase the Merseyside team from Farhad Moshiri. The deal was worth over $600 million and includes Moshiri's 94% majority stake in the club. Nevertheless, […]

Americans Abroad

/ 772 days ago

LAFC owners in talks to buy Swiss team Grasshopper Zurich

Chinese owners of Grasshopper Club Zurich have been looking to sell the Swiss team for months now. While they have not yet received an appropriate bid, Los Angeles FC ownership is now interested in the club. In fact, the two sides are negotiating a potential deal. American investment trio Brandon Beck, Larry Berg, and Bennett […]

Business of Soccer

/ 775 days ago

Turkish Super Cup sells out by moving game to Saudi Arabia

The upcoming Turkish Super Cup will move from its traditional setting. Instead, the game will take place in Saudi Arabia instead. The move coincides with the fourth edition of Riyadh Season, an annual state-sponsored entertainment and sports festival. "We are pleased that Saudi Arabia will host the Turkish Super Cup match, which includes two of […]

Business of Soccer

/ 777 days ago

Everton in peril as 777 takeover stalls plus FFP concerns

777 Partners' planned takeover of Everton is stalling. Farhad Moshiri previously agreed to sell his majority stake in the Premier League club to Miami-based 777 Partners. However, the deal may now be in doubt due to the investment group's precarious financial situation. According to a report by the New York Times, 777 has failed to […]

American Soccer

/ 778 days ago

USL club launches first-ever opportunity to invest in US team

Orange County Soccer Club (OCSC) has announced the launch of a unique investment program for soccer fans around the world. Potential investors will get the chance to become official stakeholders in the club. The move is the first of its kind by an American soccer team. The USL Championship side is widely considered to be […]

Business of Soccer

/ 779 days ago

Ratcliffe deal unlikely to impact Manchester United transfers

Sir Jim Ratcliffe is edging closer to obtaining a 25% stake in Manchester United. Although the billionaire was previously hoping for a majority takeover, it seems as if he will settle for a smaller percentage of the club. Negotiations between Ratcliffe and United's current ownership, the Glazer family, have been ongoing for nearly a year. […]

Business of Soccer

/ 782 days ago

Serie A, Columbia University announce partnership for students

Columbia University has teamed up with the Italian Serie A to offer students a unique opportunity. The Ivy League institute will allow students in their Sports Management graduate program to work directly with league officials. This can include internships, consulting projects, and other various events. “We are elated to expand even deeper into the world […]

Business of Soccer

/ 782 days ago

Saudi Pro League players dominate annual Forbes money list

The Saudi Pro League has an awful lot of money to spend on players. A summer window in which they spent heavily to recruit some of the globe's biggest stars has influenced the wealth scale in the sport. The annual World’s Highest-Paid Soccer Players list by Forbes was released on Friday. This year's table predictably […]

Business of Soccer

/ 789 days ago

Supporters help save Southend United from extinction

Southend United faced serious financial and legal difficulties earlier this week. The English club had previously endured years of problems under the current ownership of Ron Martin. After taking the Shrimpers all the way to the Championship in 2006, the club was quickly relegated. After just one season in the second tier league, Southend eventually […]

Americans Abroad

/ 811 days ago

Everton set to be 10th Premier League club owned by Americans

Everton ownership has officially agreed to sell the club to 777 Partners. The deal had been in the works for some time, as negotiations between the two sides continued for months. Exact finances are not yet available. However, outgoing owner Farhad Moshiri will lose money in the deal. Still, the Premier League must approve of […]

Business of Soccer

/ 853 days ago

Disney may consider spinning off ESPN into separate company

Disney is reportedly considering splitting ESPN into a completely separate company. CNBC is claiming that Disney CEO Bob Iger may opt to spin off the mammoth sports network as a last resort. Disney currently owns an 80% controlling stake in ESPN, with Hearst Communications holding the remaining 20%. CNBC reports that Disney is currently trying […]