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Business Apr 01, 2026

Chelsea FC Posts Record £262.4m Pre-Tax Loss for 2024-25 Season

Chelsea FC has announced a record pre-tax loss of £262.4m for the 2024-25 season, attributed to hig…
Chelsea Football Club has reported a staggering £262.4m pre-tax loss for the 2024-25 season, shattering the previous English football record held by Manchester City. The substantial loss is primarily attributed to increased operating costs compared to the previous season. The club's financial report reveals a significant downturn from the £128.4m profit recorded in the 2023-24 season, which was largely bolstered by the sale of Chelsea's women's team for nearly £200m. In contrast, Chelsea's latest financial statements reflect a challenging period for the club. According to a UEFA report, Chelsea's losses for the 2024-25 season were even higher, estimated at €407m (£355m). However, club sources indicate that these figures are influenced by differing reporting requirements in European football. In addition to the financial loss, Chelsea disclosed that they had spent £65.1m on agents' fees, the highest in the Premier League, with Aston Villa being the next biggest spenders at £38.4m. The total spend on agents' fees across English top-flight clubs rose by 13% to £460.3m. Despite the record loss, Chelsea assured compliance with the Premier League's profitability and sustainability rules (PSR), which permit maximum losses of £105m over three years, with certain expenditures like infrastructure and youth development being 'added back.' Chelsea reported revenue of £490.9m, the second-highest on record for the club, including earnings from their participation in the Club World Cup. The club is forecasting revenue of over £700m for the 2025-26 season. Sources close to Chelsea express confidence in their financial structuring and anticipate compliance with all regulatory requirements, including UEFA's football earnings rule, following a €20m fine for previous breaches.
#Chelsea FC #Premier League #Manchester City
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Sports Mar 31, 2026

Roberto De Zerbi Appointed as New Tottenham Head Coach on Five-Year Contract

Tottenham Hotspur has confirmed the appointment of Roberto De Zerbi as their new head coach on a fi…
Tottenham Hotspur has officially announced the appointment of Roberto De Zerbi as their new head coach, signing him to a five-year contract. The Italian manager, renowned for his daring and aggressive possession-based approach, faces a significant challenge as he takes over with the club precariously positioned just above the relegation zone.Spurs are set to play seven matches to end the season, with their next fixture scheduled against Sunderland on the upcoming Sunday. Notably, De Zerbi's contract does not include any break clause in the event of Tottenham being relegated.De Zerbi expressed his delight in joining the club, stating, “I am delighted to be joining this fantastic football club, which is one of the biggest and most prestigious in the world. In all my discussions with the club’s leadership, their ambition for the future has been clear – to build a team capable of reaching great achievements and to do that playing a style of football that excites and inspires our supporters.”The appointment of De Zerbi comes after Igor Tudor, the interim manager, parted ways with the club by mutual consent. Tudor had taken over temporarily following the departure of Thomas Frank on February 14.De Zerbi previously managed Brighton & Hove Albion, where he achieved significant success, leading the club to a sixth-place finish in the Premier League and qualification for the Europa League. His tenure at Marseille also yielded impressive results, with a second-place finish in Ligue 1 and Champions League qualification.Despite his successes, De Zerbi is also known for his volatile personality and has had public disagreements with players and clubs in the past. The immediate concern for Spurs will be whether De Zerbi can adapt quickly and lead the team to avoid relegation.
#zerbi #his #spurs
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Sports Mar 30, 2026

Tottenham's Desperate Bid to Avoid Relegation: A Chaotic Managerial Search

Tottenham Hotspur is facing a high-stakes battle to avoid relegation to the Championship, with the …
Tottenham Hotspur Football Club is embroiled in a desperate bid to avoid a financially ruinous slide into the Championship. The club's current predicament is a result of internal sabotage, leadership burdens, and immense dissatisfaction among the rank and file. With only seven games remaining in the Premier League season, Spurs are searching for their third head coach of the season, having already seen off Thomas Frank and Igor Tudor. The club's hierarchy appears to be acting with a sense of urgency, but their approach has been chaotic and improvisational, with one ill-judged managerial appointment following another. Roberto De Zerbi, currently managing Brighton, has emerged as a potential candidate, despite reservations from three separate fan groups due to his public backing of Mason Greenwood during his time at Marseille. De Zerbi's managerial CV is marked by occasional incidents of insubordination, making him an unconventional choice for a team in crisis. However, he is believed to be interested in taking over at Spurs, albeit preferring to do so in the summer. The club is reportedly offering him tempting financial inducements to take the reins immediately and navigate the team through the relegation battle. The stakes are high, with Spurs currently hovering just one place and point above the drop zone. A winless season so far in 2026 has put the club on the brink of disaster. The next managerial appointment will be crucial in determining the club's fate, and fans will be anxiously waiting to see if the hierarchy can make the right decision.
#football #you #tottenham
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Sports Mar 29, 2026

Leicester City Women Face Relegation to Second Tier After Disheartening Loss

Leicester City Women are on the brink of relegation to the second tier after a 1-0 loss to Brighton…
Leicester City Women are staring down the barrel of relegation to the second tier after a disheartening 1-0 loss to Brighton in the Women's Super League. The defeat, which came on a soggy afternoon at the King Power Stadium, has left them four points adrift at the bottom of the table with only four games remaining.The sight of two young girls proudly waving 'Foxes never quit' flags in the rain-soaked stands encapsulated the never-say-die attitude required for a relegation battle that Leicester now finds itself in. Despite the bleak outlook, manager Rick Passmoor and the fans remain optimistic about their chances of survival.The latest setback came against Brighton, who showed their class on the ball, particularly in the first hour. Fran Kirby's movement and creativity caused significant problems for the Leicester defense. The decisive moment arrived when Kiko Seike broke the deadlock by tucking home Rosa Kafaji's unselfish pass, following a sublime through ball from Kirby.Leicester's struggles this season can be attributed largely to operating on what is believed to be the lowest budget in the top tier, compounded by the loss of key players such as Ruby Mace and the Japan duo Saori Takarada and Yuka Momiki last summer. The team is on a seven-match losing run in the league, which has coincided with Liverpool's significant upturn in results following their January transfer activity.There is still a potential lifeline for Leicester in the form of a one-leg playoff fixture against the third-placed team in the second tier, scheduled for May 23. However, their opponents have yet to be determined, with Crystal Palace and Birmingham keeping the automatic promotion race on a knife-edge.The women's predicament comes at an uncertain time for the football club as a whole, with the men's team in the Championship relegation zone, a point from safety after being deducted six points for overspending. It could yet be a campaign to forget for both the men's and women's sides.
#leicester #wsl #against
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Sports Mar 27, 2026

Everton to Offer David Moyes New Contract Amid Successful Revival

Everton plans to offer David Moyes a new contract following his successful transformation of the cl…
Everton Football Club is set to offer David Moyes a new contract this summer, recognizing his achievements in turning the team around from relegation threats to potential European qualification contenders. Moyes, who took over in January of last year, has led the team to eighth place in the Premier League, just three points shy of the Champions League qualification spots. Initially viewed as a short-term solution by Everton's owners, the Friedkin Group, Moyes has proven his worth, prompting the club to consider extending his two-and-a-half-year deal. The Friedkin Group, who completed their £400m takeover of Everton the previous month, are now convinced that Moyes is the right manager to lead the club forward. Moyes' potential new contract could also come with increased influence over player recruitment, similar to his first stint at Everton from 2002 to 2013. The 62-year-old manager has downplayed discussions about a new deal, stating, 'I'm not too worried about that, I'm fine.' Everton's improvement under Moyes is notable, especially considering his preference for working with more experienced players, such as Jack Grealish and Kiernan Dewsbury-Hall, who joined last summer. This strategy contrasts with younger players like Tyler Dibling, who has made limited appearances. A potential complication for Everton's European aspirations is the ownership situation, as the Friedkin Group also owns AS Roma, currently sixth in Serie A. UEFA regulations prevent clubs under the same ownership from competing in the same European competition. However, the Friedkin Group is confident in their compliance and has an alternative solution in place to ensure both clubs can participate if they qualify for the same competition.
#Everton #David Moyes #Premier League
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Sports Mar 25, 2026

Palestinian FA Urges Ban on Israeli Football Association Over FIFA Discrimination Report

The Palestinian Football Association has called for a ban on the Israeli Football Association follo…
The Palestinian Football Association (PFA) has urged for the expulsion of the Israeli Football Association (IFA) from all international institutions after a recent FIFA report revealed multiple breaches of its anti-discrimination obligations.PFA chief Jibril Rajoub stated during a news conference in the occupied West Bank city of el-Bireh that the IFA's actions, including alleged racist behavior and criminal activities by some officials, justify a ban.The FIFA report fined the IFA 150,000 Swiss francs ($190,700) for the breaches, which Rajoub described as a significant but insufficient penalty.Rajoub cited several reasons for the proposed ban, including the IFA's 'racist nature', alleged criminal activity by some Israeli sports officials, and the inclusion of football clubs from Israeli West Bank settlements in the Israeli federation.The report highlighted the IFA's failure to address 'persistent and well-documented racist behaviour' by Beitar Jerusalem, which Rajoub described as an extreme example of racism, fascism, and discrimination prevalent in Israeli football.Rajoub also mentioned instances of players killed during the conflict in Gaza and the destruction of sports facilities, stating that 1,007 athletes and coaches were killed and 265 sports facilities damaged since the war started in October 2023.At least five football clubs based in illegal Israeli settlements in the occupied West Bank are members of the IFA, which is part of UEFA, European football's governing body.
#fifa #discrimination #racism
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Sports Mar 25, 2026

Mohamed Salah Announces Departure from Liverpool FC at End of Season

Liverpool FC announced on Tuesday that star forward Mohamed Salah will be leaving the club at the e…
Liverpool FC has officially announced that Mohamed Salah will depart the club at the end of the season. The news was shared in a statement released on Tuesday, with the club citing Salah's desire to be transparent with the supporters about his future.In a video message on his social media accounts, Salah expressed his gratitude to the club, city, and fans, highlighting the significant impact Liverpool has had on his life. He described Liverpool as more than just a football club, but a passion, history, and spirit.During his time at Liverpool, Salah has achieved immense success, helping the team secure two Premier League titles, the Champions League, FIFA Club World Cup, UEFA Super Cup, FA Cup, two League Cups, and an FA Community Shield. He has scored 255 goals in 435 appearances, making him the club's all-time third-highest goalscorer and winning the Premier League Golden Boot on four occasions.Salah joined Liverpool from AS Roma in 2017 and has since established himself as one of the best players in the club's history. His departure marks the end of an era for the Egyptian star, who has been an integral part of the team's success over the past few years.
#Mohamed Salah #Liverpool FC #Premier League
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Sports Mar 25, 2026

Women's Super League to Unveil New Trophy Design for 2026-27 Expansion

The Women's Super League (WSL) will introduce a new trophy design for the 2026-27 season, coincidin…
The Women's Super League is set to unveil a new trophy design for the 2026-27 season, marking a significant milestone as the league expands to 14 teams. This move is part of a broader rebranding effort to bring the WSL and WSL2 trophies in line with the league's new visual identity.The current WSL and WSL2 trophies, which feature the old league logos, will be temporarily redesigned for the remainder of the season. They will have a smooth, flat top with the old logos removed, before the new silverware is introduced.The process of designing the new trophies has already begun, with extensive consultation carried out, including with players. The aim is to create trophies that are iconic, prestigious, and enduring, making players proud to lift them.The WSL's chief executive, Nikki Doucet, has emphasized the mission to build the most distinctive, competitive, and entertaining women's football club competitions in the world.Current contenders for the interim trophies include Manchester City, who lead the WSL table, and Charlton, who are in a strong position in WSL2.
#Women's Super League #2026-27 season #14-team expansion
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Sports Mar 24, 2026

Ipswich Town Distances Itself from Nigel Farage's 'Shameful' Visit

Ipswich Town Football Club has distanced itself from Nigel Farage after the Reform Party leader vis…
Ipswich Town Football Club has insisted it remains an inclusive and diverse organisation after Nigel Farage, the leader of the Reform Party, turned a tour of Portman Road into a political campaign event.During his visit on Monday, Farage filmed himself inside the home dressing room, held up a shirt with the No 10 and his name on the back, and suggested he was in the running for the manager's job at the Suffolk club in a promotional video posted online.Farage said that Ipswich, who are third in the Championship table, "are really in contention" to go back into the Premier League. "Let's hope they do it," he said, "but if they don't, I think there's the chance here, and I've had a chat with a few people, of the ­manager's job coming up next season and I'm definitely on the shortlist."The video was immediately criticised by Ipswich supporters, who described it as "shameful", "embarrassing" and "PR suicide for a family club".The club issued a statement on Tuesday afternoon distancing itself from Farage. "Ipswich Town Football Club has, over several years, hosted representatives from a range of political parties. The club remains apolitical and does not support or endorse any individual or party," the statement read."The club will continue to engage with representatives from across the political spectrum as part of its role within the community. Ipswich Town is proud to be an inclusive, diverse, and welcoming organisation that supports all members of the local and wider community. This commitment remains unchanged."It is understood that Farage was not an invited guest at the club. According to reports, the tour was booked without using Reform or Farage's name, and the printed shirt was bought from the club shop and not gifted to the 61-year-old.
#club #farage #ipswich
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