Tag Archives: Finances

Premier League chief defends clubs’ ‘restraint’ in their furloughing of staff | Football

The chief executive of the Premier League, Richard Masters, has defended the furloughing of staff, claiming clubs have been acting with “restraint” as he warned of a “very real threat” of some top-flight sides going bust because of the coronavirus crisis. In a striking letter to the select committee of …

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Fifa exco members took bribes for Qatar World Cup votes, US prosecutors allege | Football

Prosecutors in New York have revealed new details of alleged bribes paid to Fifa executive committee members to gain their votes for Qatar to host the 2022 World Cup. An indictment unsealed on Monday in the US District Court in Brooklyn says Nicolás Leoz, the Paraguayan then president of the …

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English football’s blame culture makes it unable to come together | Jonathan Liew | Football

Mike Ashley is one of many billionaire owners attracting criticism.

I don’t expect to make too many friends saying this, but perhaps it’s time we all gave Matt Hancock a break. Isn’t it typical how, as soon as things take a turn for the worse, everyone starts singling out the health secretary? Yes, clearly he could be doing more to …

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Liverpool reverse decision to furlough staff after fierce criticism | Football

Liverpool have reversed a controversial decision to put around 200 non-playing staff on furlough following widespread criticism of their plans to use the government’s coronavirus job retention scheme. The world’s seventh-richest football club announced on Saturday that it was to follow Newcastle, Tottenham, Norwich and Bournemouth in furloughing non-playing staff …

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Streaming service DAZN asks Premier League to defer rights payments | Football

An online streaming service has written to the Premier League to defer payments due to the suspension of competition due to the coronavirus outbreak. It is understood that DAZN, which holds rights to stream all English top-flight matches in Brazil, Canada, Japan and Spain, is in negotiations to halt payments …

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Premier League players and pay cuts: the key questions answered | Football

Manchester United’s Marcus Rashford has fronted a campaign to help children unable to access free school meals.

Why are footballers’ wages in the news? Even in normal times the amount of money earned by top players is a hot topic. The average wage of a Premier League footballer reached £3m last season according to the Global Sports Salary Survey. This compares with the an average national wage …

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Premier League clubs to go it alone in pay cut talks with players | Football

Liverpool captain Jordan Henderson has established a fund for professional footballers to donate directly to NHS staff.

Premier League clubs anticipate having to start individual negotiations over wage reductions with their players after attempts to reach a collective pay agreement in response to the coronavirus crisis were frustrated during talks on Saturday. While players have been told clubs may lose £1.137bn because of the disruption caused by …

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Wayne Rooney leads footballers’ backlash against pay cut criticism | Football

Gary Lineker has said players he has spoken to are ‘desperately keen’ to start offering financial support.

Wayne Rooney has criticised the government and Premier League for putting Britain’s top-flight footballers in a “no-win situation” over the issue of pay cuts, with Gary Lineker and Gary Neville also speaking out. Writing in the Sunday Times (£), Rooney claimed his fellow professionals were being lined up as “easy …

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Own-goals all round as overpaid footballers get their usual kicking | Paul Wilson | Football

A political football is normally the cliche of choice when something that has nothing to do with football is booted back and forth between agencies attempting to deflect blame. These are far from normal times, however, and in the past week football became political even though its practitioners are now …

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Premier League tells PFA players will have to share in financial pain | Football

The Premier League and EFL have urged the footballers’ union to accept that players will have to take pay cuts, not just deferral of their wages, as the sport grapples with the enormous, unprecedented challenges presented by the Covid-19 crisis. At a conference call held by senior executives from the …

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