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Emotional Swing For Relegated Wigan, Which Could Lose $150M Despite Winning FA Cup

05 / 21 / 13

EPL Wigan Athletic "stunned" the football world by winning the FA Cup final against Man City on May 11, capturing the club’s first major trophy in its 81-year existence, according to Sam Borden of the N.Y. TIMES. Men "wept" and children "shrieked." Just 72 hours after its shocker at Wembley, t...

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Tags: United Kingdom, Franchises

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02/22/13
Essendon Informs Former Players On Probe

Australian Football League side Essendon "has comforted the former players who will be interviewed by the Australian Sports Anti-Doping Authority as part of its investigation into the club, with many feeling better informed and more involved than they were two weeks ago," according to Emma Quayle of ...

Tags: Franchises, Australia

02/22/13
Rangers Warned To Fix Boardroom Split

Scottish Third Division Club Rangers have been "warned to fix their boardroom split quickly before spooked investors cause the share price to fall," according to Euan McLean of the Scotland DAILY RECORD. Alarm bells "have been ringing among the club’s supporters and shareholders" since news br ...

Tags: United Kingdom, Franchises

02/22/13
Super League's Salford Applies For CVA

Super League club Salford City Reds have said they" intend to repay all old creditors in full after revealing they are applying for a Company Voluntary Arrangement," according to the BBC. The club was "in danger of administration" before Dr Marwan Koukash completed his takeover on Jan. 31. If the CV ...

Tags: Franchises, United Kingdom

02/21/13
Gill To Stand Down As ManU CEO

Manchester United CEO David Gill will "stand down at the end of the season as he targets a new role" on UEFA’s exec committee, according to Burrows & Ducker of the LONDON TIMES. ManU Exec Vice Chair Ed Woodward "has been confirmed as the replacement" for Gill, who joined ManU from the tour ...

Tags: Franchises, United Kingdom

02/21/13
Leeds Owner Asks Fans To Be Patient

League Championship club Leeds United owner GFH Capital has asked fans to "be patient" as it looks to secure new investment in the club, according to the BBC. The Dubai-based private equity group said that it is "not interested in selling a controlling share" in the club and rejected a bid from an u ...

Tags: United Kingdom, Franchises

02/20/13
Green Threatens To Leave Rangers

Scottish Third Division Rangers CEO Charles Green "has rocked the new Rangers boardroom by threatening to quit the club" unless Chair Malcolm Murray is overthrown, according to Keith Jackson of the Scotland DAILY RECORD. It was revealed earlier this month that "the relationship between Green and Mur ...

Tags: Franchises, United Kingdom

02/19/13
West Ham's Olympic Stadium Move Stalls

Negotiations over EPL West Ham United's move into London's Olympic Stadium will extend beyond Tuesday as "a saga that has lasted more than two years limps towards a conclusion," according to James Riach of the London GUARDIAN. The London Legacy Development Corporation was "expected to rubber-stamp t ...

Tags: Franchises, United Kingdom

02/19/13
AS Roma Investors Facing Fan Backlash

Serie A club AS Roma President Jim Pallotta "enjoyed a warm reception from Italians" after he bought the club in '11, but the "honeymoon was short-lived," according to Beth Healy of the BOSTON GLOBE. After a recent string of losses, disgruntled fans are "in revolt." Pallotta "promised to make AS Ro ...

Tags: Franchises, Europe

02/19/13
Hearts Fan Buyout Looks Unlikely

The prospect of Scottish Premier League Heart of Midlothian coming under the ownership of supporters "appeared to recede" over the weekend when Dir Sergejus Fedotovas declared that the club "could be sold before the end of the season," according to Stephen Halliday of the SCOTSMAN. Fedotovas’ ...

Tags: Franchises, United Kingdom

02/19/13
Harris Revises Offer For Portsmouth FC

League One Portsmouth fans "will be given a free 15% stake in the club as part of a revised offer" for the club by football financier Keith Harris, according to Nabil Hassan of the BBC. Harris' initial offer "was rejected by the Football League," which confirmed the only bid it would consider "was f ...

Tags: Franchises, United Kingdom

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