Quote of the Day

"Corinthians is like a nation, a religion ... people are borrowing money from banks, from relatives to come here. They are quitting their jobs, selling their bikes, their cars, even their fridges."
-- Corinthians fan Marcos Nunes, on how the club had 30,000 supporters in Tokyo for the Club World Cup. (CNN, 12/14)
Monday December 17, 2012 Vol. 1 — No. 134 Print This Issue

Top Stories

  • Man City Cuts Losses To $158M

    Manchester City lost more than $158M during its championship season last year.

    Winning the EPL title "incurred a loss" of £97.9M ($158.3M) for Man City, although that represented "half the deficit the club suffered the previous season when it finished third," according to Blitz & Bounds of the FINANCIAL TIMES. Man City "managed to cut its annual losses to £97.9M on the back of higher revenues," but said that "its wage bill had also grown." However, the club now "expects the wage bill to reduce in future seasons." The Premier League champions "declared a pre-tax loss of £189.6M for '10-11, the biggest annual loss in English football."

  • Following Their Team

    Rabid Corinthians fans generate $100M on travel packages to Club World Cup.

  • Newfound Appeal

    BBC plans live coverage of England's women's national team at Euro '13.

  • Eastern Influence

    NBA's Raptors sign partnership deal with China's Peak Sports.

  • A Taste Of France

    Leeds will host opening stages of the Tour de France in '14.

  • A Fine Mess

    UEFA flayed for "inadequate" punishment of Serbia over racism charges.

  • Russians Think Big

    Russian, Ukrainian clubs could form Super League starting in '14.

  • White Knight

    Salford official says troubled club could have new owner by next week.

  • In The Hole

    Bundesliga club Hamburg SV reports $8.7M loss in '11-12.

  • Offering A Lifeline

    Hinckley United, Port Vale offer to groundshare with Coventry City.

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