Quote of the Day
"No tycoon should be allowed to pump crazy money into a club with sponsorship from five companies he controls. If that happens, financial fair play will fail."-- Borussia Dortmund CEO Hans-Joachim Watzke, calling on FIFA to hold the line on "back-door funding" of football teams. (London TELEGRAPH, 10/3)
Events
Top Stories
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Image Is Everything
PSG's Thiago Silva poses with his jersey upon signing with the club in August.
In the middle of a Eurozone financial crisis that has brought protestors to the streets from Athens to Madrid and to Paris, there is "one activity where business is booming: the top end of European football," according to Matt Scott of the London TELEGRAPH. Nowhere is it more evident than at Ligue 1 club Paris Saint-Germain and Russian Premier league side Zenit St. Petersburg. Both clubs have "stunned the football world" with their transfer spending. It cost PSG more than £50M ($80.4M) in the summer to bring in the AC Milan duo of Zlatan Ibrahimovic and Thiago Silva from Milan; Zenit spent £64M ($102.9M) to acquire Hulk and Witsel from Portuguese clubs Porto and Benfica.
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Powering Down
Npower defection leaves sponsorship void for Football League.
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Dapper Dan Man
Manchester City finds right sponsorship fit with Hugo Boss.
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Early Payoff
Del Piero already paying financial dividends for Sydney FC.
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On The Air
IMG-Reliance, TEN Sports sign three-year deal to air Indian football.
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Low Cost Solution
South Africa offers cheap tickets to drive Africa Cup of Nations attendance.
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Long Arm Of The Law
Italian Financial Police raid Napoli club's headquarters.
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Deadline Concerns
Pelé worried about delays in 2014 World Cup stadium projects.
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No Worries
New Jersey governor says he's been assured that F1 race is "on plan."
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Playoff Season
European Tour ready to announce "playoff-type series."
