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Chelsea Faces Investigation Over Potential Breach Of FIFA Regulations

Published in SportsBusiness Daily Global on 09 / 21 / 17

Chelsea is "under investigation for the third time in eight years over a potential breach" of FIFA regulations on youth players, according to Ben Rumsby of the London TELEGRAPH. The governing body confirmed on Tuesday that it "launched an inqu...

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Tags: Franchises, United Kingdom

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Franchise Notes

The National League side Leyton Orient takeover , which will end the "disastrous three-year reign" of Owner Francesco Becchetti, is " inching " toward completion . The process has been "slow and torturous" but a consortium involving "life-long" club fan and Boston-based businessman Nigel Travis is ...

Tags: Franchises

Palermo Sale To Be Completed By June 30

Italian football side Palermo announced the sale of the club to Paul Baccaglini "will take place by June 30," according to FOOTBALL ITALIA. Owner Maurizio Zamparini agreed to a deal to sell the club to Baccaglini and his backers, Integras Capital. Despite the deal being announced in February and Zam ...

Tags: Franchises, Europe

Rumors Of New F1 Team Gain Traction

Rumors about a "potentially new Formula 1 team for next season are gaining momentum," according to GMM. The story "first began circulating within the Montreal paddock," including suggestions that the new operation was "being backed by Chinese investors." Germany's Auto Motor und Sport now ...

Tags: Franchises

RC Toulon Under Threat Of Relegation

Top14 side RC Toulon is reportedly “under the threat of relegation” by the French National Directorate of Management Control (DNCG) because of a deficit of close to €2M ($2.2M), according to 20 MINUTES. The debt is mainly from the €1.7M ($1.9M) fine the club must pay to kit pro ...

Tags: Europe, Franchises

Sunderland Fans Readying Takeover Bid

A consortium led by League Championship side Sunderland supporters is "ready to rival" a £50M ($63.7M) German takeover bid for the relegated club, according to Miguel Delaney of the London INDEPENDENT. Sunderland last week announced it was pu ...

Tags: Franchises, United Kingdom

Shahrukh Khan Acquires Cricket Team

Bollywood actor Shahrukh Khan, who owns Indian Premier League franchise Kolkata Knight Riders, was named owner of the Cape Town franchise of Cricket South Africa’s upcoming T20 league, according to Gaurav Laghate of the ECONOMIC TIMES. IPL side Delhi Daredevils owner GMR Sports also picke ...

Tags: Franchises, Africa

Franchise Notes

Honda "appears set to deliver a much-needed engine upgrade this weekend in Baku." In Canada, McLaren F1 leadership admitted its frustration "was at a boiling point after the team's hapless partner failed to deliver an upgrade as scheduled." Honda F1 CEO Yusuke Hasegawa said that he "could not ...

Tags: Franchises

AFL Announces Eight Bids For AFLW

The Australian Football League announced that Essendon, Geelong, Gold Coast Suns, Hawthorn, North Melbourne, Richmond, St. Kilda and West Coast Eagles submitted bids to join the AFL Women’s competition in '19. The AFL anticipates the successful bids being announced in late July ( AFL ...

Tags: Australia, Franchises

Leeds Confirms Christiansen As Manager

League Championship side Leeds United appointed Thomas Christiansen as its new manager, according to Craig Hope of the London DAILY MAIL. The 44-year-old former Spain int'l met with club Owner Andrea Radrizzani in Madrid this week. Radrizzani was reportedly "blown away" with the Danish-born coach an ...

Tags: Franchises, United Kingdom

Force India Considering Name Change

Formula 1 team Force India co-Owner Vijay Mallya said that the team "is considering changing its name" to give it a more "international flavour" and become "more attractive to potential new sponsors," according to Barretto & Rencken of MOTORSPORT. Mallya bought the team that was formerly kn ...

Tags: Franchises, India

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