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©  D.R.
Man United's 9% share drop: "Alex Ferguson reassured the market" (Bastien Drut)

Manchester United's (ENG, Premier League) share price dropped 9% at the New York Stock Exchange on the 12/06/2013. This occurred after a 4% decline following the announcement of manager Sir Alex Ferguson's retirement on the 08/05/2013. "The decline in the share price since the departure of Alex…
Domain(s): Clubs
• Category(ies): Finance
• Article # 6687
• Published on 14/06/13 at 10:01
©  D.R.
Liverpool City Council buys Everton's training ground for €15m

Liverpool City Council has bought Finch Farm, Everton FC's training ground, for nearly £13m (approx €15m), on the 10/06/2013. Since 2007, the club has leased the pitch from Hudson Capital Properties. An agreement between the council and the club allows Everton FC to rent the training ground at…
Domain(s): Clubs
• Category(ies): Stadiums, Authorities
• Article # 6609
• Published on 13/06/13 at 16:40
©  olympicstadium.whufc.com
West Ham: Olympic Stadium renovation estimated at €223m

Karren Brady, vice-chairman of West Ham United, has revealed the architectural plans for the renovation of the Olympic Stadium in London, at an estimated cost of €223m, on the 11/06/2013. The club want to use the stadium from 2016/17. The cost of building the stadium for the 2012 Olympics was…
Domain(s): Clubs
• Category(ies): Stadiums
• Article # 6690
• Published on 13/06/13 at 11:08
Newcastle's Papiss Cissé refuses to wear club shirt sponsored by loans company Wonga

Newcastle United's (Premier League, ENG) striker Papiss Cissé refuses to wear the club's new shirt as his religious beliefs forbid him from representing or advertising loan firms.The club has agreed a jersey sponsorship deal for 2013-14 with pay-day loans company Wonga, on the 09/10/2012.Papiss…
Domain(s): Clubs
• Category(ies): Marketing - Communication, Sporting Goods & Brands, Merchandising - Licensing, …
• Article # 6453
• Published on 12/06/13 at 12:46
2018 World Cup : Russia increases budget by 40%

The estimated budget for the 2018 World Cup in Russia has increased by 40% from €15bn to €21bn, according to Russian Minister for Sports, Vitaly Mutko on the 11/06/2013.The budget has more than doubled compared to a forecast made in December 2010 by Vladimir Putin (€10bn) when Russia were awarded…
Domain(s): Clubs
• Category(ies): Stadiums
• Article # 6564
• Published on 11/06/13 at 18:04
PSG unveil a new visual identity on 10/06/2013

Paris Saint-Germain unveiled a new visual identity "which translates the work carried out on the strategic foundations of the Paris Saint-Germain brand", on the 10/06/2013."The evolution of the Paris Saint-Germain logo marks an important stage in the implementing of our ambition," said club…
Domain(s): Clubs
• Category(ies): Marketing - Communication, Merchandising - Licensing, Digital
• Article # 6488
• Published on 11/06/13 at 14:24
©  D.R.
The Champions League is the world's most profitable sporting event, according to Forbes

With €49.2m awarded to Bayern Munich for their 2012/13 victory, the Champions League is the most profitable sporting event in the world, according to a report published by Forbes on 05/06/2013. The Champions League is more profitable than winning the World Cup (€23.5m for Spain in 2010) and the…
Domain(s): Clubs
• Category(ies): Finance
• Article # 6485
• Published on 11/06/13 at 14:03
©  D.R.
Paulo Fonseca appointed manager of FC Porto

On the 10/06/2013, Paulo Fonseca was appointed manager of FC Porto. The Portuguese manager has signed a contract until 2015. He replaces Vitor Pereira who has had the job since 2011. On the 09/06/2013, Pereira was appointed manager of Al-Ahli (UAE) on a contract until 2015.Fonseca leaves Pacos de…
Domain(s): Clubs
• Article # 6434
• Published on 10/06/13 at 17:19
Liverpool FC plan to renovate their stadium for €176m

On the 07/06/2013, Liverpool FC's managing director Ian Ayre confirmed that the club is looking to increase their stadium's capacity from 45,000 to 60,000 for a cost of €176m. The renovation would make Anfield the 3rd largest stadium in the Premier League after Manchester United (Old Trafford…
Domain(s): Clubs
• Category(ies): Stadiums, Finance
• Article # 6431
• Published on 10/06/13 at 16:03
Bundesliga: +7% revenue increase in 2011/12 and the best operating income in Europe

In the Annual Review of Football Finance published by Deloitte on the 06/06/2013, it was found that the Bundesliga has accumulated €1.9bn in revenue during the 2011/12 season, up 7% compared to 2010/11 (€1.78bn).The Bundesliga is the second European league that generated the most revenue in…
Domain(s): Clubs
• Category(ies): Ticketing, Finance
• Article # 6426
• Published on 10/06/13 at 15:35