Archive for the 'Business' Category
Manchester United Announces Record Revenue :: Revenue passes £300m for the first time
via manutd.com
MU Finance PLC has announced results for Red Football Group for the twelve months ended 30 June 2011.
Highlights
• Record revenue of £331.4m, up £45.0m over previous year
• Record operating profit in excess of £110m
• Profit before tax of £29.7m
• Net debt down to £308.3
press release with full financials ...
Arsenal FC to pay for fans to attend another match after 8-2 defeat to Man United
"Arsenal Football Club has announced it will be writing to fans who travelled to Old Trafford on Sunday with an offer to cover the cost of a match ticket at a future Barclays Premier League away game.
A Club statement issued today said: "Sunday's result was obviously disappointing for everyone connected with the Club. Our travelling fans were ...
La Liga Fixtures Postponed as Players Strike over Wages
From the Guardian:
"The players' union, the AFE, is in dispute with the league, the LFP, and has declared a strike. La Liga may not even start next weekend: the original proposal was for a two-week walkout, although meetings are scheduled to try to avoid industrial action dragging on. In fact, it may be extended further: there has been talk of ...
Budweiser x FA Cup x Facebook :: Live Streaming of Ascot United v. Wembley match
Budweiser's marketing director Iain Newell announce today that the company, who earlier this year signed a three-year sponsorship deal with the FA worth 24 million pounds ($39.4 million), will be streaming a live FA Cup fixture on the global social Facebook.
"The FA Cup started 140 years ago this year and what better way to do demonstrate our ...
Manchester City’s sponsorship deal with Etihad Airways to be analyzed by Uefa’s financial fair play boss
from the Guardian:
Uefa has confirmed it is scrutinizing Manchester City's sponsorship deal with Etihad Airways to see whether the club have taken advantage of their Abu Dhabi links to help circumvent the incoming financial fair-play regulations.
"I have some questions, yes," Jean-Luc Dehaene, the chairman of Uefa's Club Financial Control Panel, ...
UEFA redistributes revenue for Champions League and Europa League Participants – 2010/11 Season “Prize Money”
Today UEFA released the financial prize payouts from the 2010-11 Champions Leauge and Europa League seasons... Manchester United was the big winner. UEFA said it distributed $1.09 billion among 32 clubs involved in the group stage of the Champions League.
Manchester United earned the biggest share of Champions League prize money last season with ...
Is Inter Milan’s Samuel Eto’o about to become the highest paid athlete in the history of sports?
If the rumors and reports are true, he will be. It is all over the interwebs, and the rumors go like this ... if Inter Milan and Russian club Anzhi Makhachkala can reach an agreement over his transfer fee, Anzhi has offered the 30-year-old Cameroonian forward a three-year deal worth $25.5 million per year after tax. Income tax brackets vary, but for ...
Manchester United Ltd. wants to raise around $1 billion from a Singapore IPO
The Wall Street Journal is reporting that U.K. soccer club Manchester United Ltd. is planning to raise around $1 billion from a Singapore initial public offering in the fourth quarter, people familiar with the situation said Tuesday, in the latest foreign listing to tap Asia's funding markets.
Its also reported that the club was planning to sell ...