Executive Transactions Names In The News FFA Records $6.2M Profit For '13-14 La Liga Valencia Discards New Bat Logo Qatar Reveals Third WC Stadium Design Qatar Looks To Enter F1 Circuit Healthpoint Partners With Man City Sony Reportedly Will Not Renew FIFA Deal Portsmouth To Host America's Cup Races BBC To Show All FIFA Women's WC Games
SBD Global/November 16, 2012/International FootballPrint All
EPL clubs discussed plans on Thursday to ensure that a "huge injection of cash from broadcasters around the world ushers in an era of greater financial stability," according to Keith Weir of REUTERS. Having secured a domestic TV deal worth £1B ($1.6B) per season from '13 -- a 70% increase -- the league has since "negotiated a series of improved overseas agreements" including one with NBC in the U.S. The trick now for Premier League teams is to "ensure that all that money does not translate straight into higher wages for players and their agents." ManU Exec Vice Chair Ed Woodward said that there was a "historic link" between rising revenues and player wages but believed it could be contained (REUTERS, 11/15). In London, James Riach reported that one option would be that the "maximum salary bill increase will not be able to top 5% each year, while another is only allowing a club's wage bill to be a certain percentage of its overall revenue." Sunderland Chair Ellis Shorts has "pushed hard for the wage-cap rules to be introduced and both Manchester clubs, Liverpool and Chelsea are understood to be in favour of some cost-control rule, although the Wigan Athletic Owner Dave Whelan is opposed to such a measure." The penalties imposed to clubs that fail to comply with any new rules are unknown at this point (GUARDIAN, 11/15).
The FIFA Development Globe, an online application created to help worldwide users visualize FIFA’s development work across the world, was made available Thursday on FIFA.com. The Globe offers FIFA.com users a global perspective on all development initiatives implemented by FIFA, while showcasing the reach and volume of the Financial Assistance Programme, the Goal program, Performance and technical support projects. FIFA has also published updated information about the development funds and projects granted to all 209 member associations. Crucial data, including details like the amounts received through FIFA’s FAP and the Goal projects, the names of the local FAP auditors and the identity of local contractors, is now available in the relevant section of each association on FIFA.com (FIFA).
Online ticket marketplace viagogo has signed with EPL Reading FC as the club's official secondary ticket partner. The club's partnership with viagogo gives season ticket holders the opportunity to safely and securely resell their tickets to the games they are unable to attend (viagogo). ... Two Zambia players "were injured Wednesday night when the team's bus was stoned following a friendly win over South Africa." Goalkeeper Kennedy Mweene "needed stitches in his head after the bus windows were shattered by 'huge rocks' as the team left Johannesburg's Soccer City Stadium for its hotel." Midfielder Felix Katongo "was also hurt" (XINHUA, 11/15).