Executive Transactions Names In The News Ourense Protests Exclusion From ACB 3rd League Sets New Attendance Record U.S. Taking Note Of Australian Growth ASOBAL President Looks To Change Image Indosat Signs With Three European Clubs Ecclestone Hands Lifeline To Lotus Barça To Decide On Qatar Sponsorship Prosecutors To Update FIFA Cases
SBD Global/April 4, 2013/International FootballPrint All
Premier League clubs "have been asked to overhaul ticket pricing policy for away supporters with influential fan groups demanding significant reductions in time for next season," according to Tom Collomosse of the London EVENING STANDARD. Supporters Direct, a group promoting the value of supporter action at clubs across Europe, has written to Premier League CEO Richard Scudamore to request that its ideas "are included on the agenda for the governing body’s shareholders’ meeting on April 11." The letter "is endorsed by the Football Supporters’ Federation," an organization representing fans in England and Wales, and by 12 independent supporters’ trusts, including those of Arsenal, Tottenham, Chelsea and Queens Park Rangers, as well as those of ManU and Liverpool. The measures the fans' groups have called for include: A "standard discounted price" to be put in place for away fans throughout the Premier League; a commercial sponsor "to cover any eventual shortfall that clubs would incur through reducing ticket prices" for away supporters; children "to be allowed into the away section for free, or at a heavily reduced price." The EPL "did not comment publicly on the issue," but sources at the organization were keen to highlight that matches in the division were 95% sold out this season, which is higher than last term’s figure of 91% (EVENING STANDARD, 4/3).
Real Madrid is the subject of a European Commission investigation following allegations it "received illegal state aid," according to Sam Wallace of the London INDEPENDENT. It is alleged that Real and Madrid City Council agreed to "a favourable deal for land around the Bernabeu stadium, which is to be redeveloped into a lucrative new shopping mall and hotel complex." The council "hugely overestimated its debt to the football club," so it could "give Real the prime city-centre land they require for their new development." Real, like all leading European clubs, is subject to UEFA's Financial Fair Play regulations, "which forbid any form of state aid." Real said it had not received "any special privileges in its real estate activities since it has always been subject to the then current legislation and has received the same treatment as any other entity" (INDEPENDENT, 4/3). EC competition office spokesperson Antoine Colombani said: "The Commission is indeed examining the situation of Real Madrid as it does with similar allegations brought to its attention." Colombani said the investigation is at a "preliminary" stage, but it has been open since December '11 (INDEPENDENT, 4/4).
TURN BACK THE CLOCK: BLOOMBERG's White & Duff reported Real President Florentino Perez said that the club agreed with the city hall in '11 to "exchange land in the suburb of Las Tablas for a public area in the city's tree-lined main avenue, with the aim of building a shopping center next to its stadium" (BLOOMBERG, 4/3). REUTERS' Mark Elkington reported Real said the valuation of the land in '11, "which found its value to have increased 54-fold," was carried out by Madrid City Council, and was therefore "independent." Real said: "The valuation of all the properties have increased due to the time lapse between the different valuation that in some cases exceeds 10 years, the degree of evolution of the urban development process and the evolution of property prices" (REUTERS, 4/3).
BIGGER, BETTER: In a separate piece in the INDEPENDENT, Wallace reported Real Madrid foresees a future where its stadium is "even bigger, better and more lucrative than ever before." The story of how Real came to be investigated by the EC after allegations of state aid "goes to the heart of the club's ambitions." The new shopping mall and hotel complex, as well as the naming rights associated with the roof, "are part of the plan" to keep Real, with an annual revenue of £434M ($657M), "as the highest-earning club in the world" (INDEPENDENT, 4/3).