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Finance

Real Madrid To Set New Player Transfer Record With Expected Acquisition Of Gareth Bale

Football’s new record transfer "is close to completion following a summer of tortuous debate and wrangling after Tottenham Hotspur finally admitted it was in 'the final stages' of transferring" Welsh player Gareth Bale to Real Madrid, according to Roger Blitz of the FINANCIAL TIMES. Tottenham said that "the deal was expected to eclipse" the £80M Real paid ManU for Cristiano Ronaldo in '09. It "would reinforce the Spanish club’s willingness to pay what it takes to secure the most sought-after players." It "would be the fifth consecutive occasion that the world transfer record has been broken by Real." Spending by Premier League clubs, which "are reaping the benefits of record-breaking TV rights deals," has already exceeded £460M ($714M) this season, approaching last year’s £490M and closing in also on the record £500M spent in the '08 summer transfer window. Other big-spending clubs over the summer have been Monaco, Man City, Paris St. Germain, Napoli, Chelsea and Barcelona. Clubs from England’s Premier League "have so far been the biggest net spenders collectively in Europe, followed by Spain’s La Liga." Italy’s Serie A clubs "have made the most net profit in the window from transfer deals" (FT, 8/28).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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