The knives are out following England's loss but Drew Barrand, head of
media at Sport Industry Group, argues that the RFU's annual financial report
will be a more accurate pointer as to the governing body's
'If you believed everything you read from this weekend’s post-mortem you
could be forgiven for thinking that English rugby was staring into an abyss the
like of which the sport’s hierarchy in this country has never seen before.
The organisers of Wimbledon have announced that total prize money for this
year’s tournament will increase by nearly 9% with the record pot to be shared
equally between male and female players for the first time.
The overall fund for the 2007 tournament will be £11,282,710 - 8.7% up on
last year's figure – with the champions each winning £700,000.
Manchester City looks like the latest FA Premier League club to receive a
takeover offer after speculation arose that a former player for the club tabled
a £90m bid.
Former full-back Ray Ranson is believed to have tabled a bid covering the
club's shares, loans of about £24m to major shareholders John Wardle and David
Makin and debts to other creditors.
Ranson, who is thought to have the backing of other businessmen, is said to
be prepared to provide a transfer kitty of around £20m for new players.
As Arsenal prepare to fight off a takeover bid from US tycoon Stan Kroenke, a
host of other Premiership clubs are set to fall in to the hands of American
The burgeoning value of domestic and overseas media
rights for English football has caught the eyes of international investors, with
clubs such as Newcastle, Fulham, Reading and Manchester City set to join
Liverpool, Aston Villa and Manchester United as coming under pressure from
American based investors.
Football agent David Abou is to be questioned by the Premier League’s
investigation unit in relation to his involvement in transfers involving Bolton
According to the Daily Mail, Quest, the company headed by former
Metropolitan Police chief Lord Stevens, will interview unlicensed agent David
Abou next week about the deals which took two international players to the club
Specifically they want to know about his role in the transfer to
Bolton from Israeli clubs of Tal Ben Haim and Blessing Kaku.
There will be no takeover of Arsenal football club according to chairman Peter
Hill-Wood, who has revealed the rift between David Dein and the rest of the club
board, ‘has been festering for some time’.
Hill-Wood said any move by Dein and US billionaire Stan
Kroenke to take over the north London club would be blocked.
Investigators from the FA spent several hours at the Kenilworth Road home of Luton Town FC, talking to club directors and employees, in an attempt to test the club’s compliance with transfer regulations.
The club’s former chairman Bill Tomlins previously admitted breaking the rules regarding payment to agents.
Investigators are now looking at the possibility that the club may be in breach of two serious rules.
The FA will not make any statement until the compliance team has finalised its report in relation to a total of eight transfers.
The government's handling of the Olympic bid has been criticised by the head
of the ODA. The escalating cost of the London Olympics is due to a lack of
‘homework’ before the bid was made, says the chairman of the body responsible
for delivering the Games.
Sir Roy McNulty, the acting chairman of the
Olympic Delivery Authority said that planning had not been done ‘deeply enough
at the beginning’, an error that resulted in estimates for the cost of London
2012 rising from £2.375billion to the current £9.3billion.
Football’s club v country row is
set to escalate further if as expected Newcastle challenge the FA’s selection of
Michael Owen for England’s next match.
According to press
reports over the weekend, Newcastle are set to launch what could be the most
important lawsuit in football since the Bosman case.
The club is already
frustrated by the FA’s refusal to pay up to £6million in compensation for the
loss of Owen this season due to his injury on England World Cup duty.
The Premiership has a money problem according to one prominent football chairman.
The disparity in wealth between the top four clubs in the country and the rest has made the league predictable and risks boring fans says David Whelan, chairman of Wigan and founder of JJB Sports.
"If we all got £35-40million, rather than some clubs £25million or £30million, and the top clubs £50million or £60million, we could afford better players,” Whelan told BBC Five Live over the weekend.
The Sport Industry Daily
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