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US announces new $1.3 bn military aid package for Ukraine
US announces new $1.3 bn military aid package for Ukraine
The United States on Wednesday announced a new $1.3 billion military aid package for Ukraine featuring air defense systems, anti-tank...
2023-07-20 01:54
Portuguese prime minister resigns after being caught up in corruption probe
Portuguese prime minister resigns after being caught up in corruption probe
Portuguese Prime Minister António Costa says he is resigning after being involved in a widespread corruption probe
2023-11-07 22:54
Key Eagles piece seems to think Super Bowl window may have been missed
Key Eagles piece seems to think Super Bowl window may have been missed
Eagles center Jason Kelce isn't taking anything for granted in 2023, recently sharing his thoughts on a potential Super Bowl run this season.In theory, an NFL team that reached the Super Bowl last year -- barring any dramatic roster changes -- should have a pretty good chance of doing so ag...
2023-05-19 22:04
Arizona QB Kyler Murray activated from PUP list, says he's returning to practice
Arizona QB Kyler Murray activated from PUP list, says he's returning to practice
Quarterback Kyler Murray said he’s returning to the practice field on Wednesday for the Arizona Cardinals as he works to come back from a torn ACL in his right knee that he suffered last season
2023-10-19 01:38
Why Wrexham’s celebrity owners and lavish spending must be the exception not the norm
Why Wrexham’s celebrity owners and lavish spending must be the exception not the norm
As the new League Two season got underway last month, the bookmakers were clear in their opinion; Wrexham were the favourites. The team to beat. Eight games in, Phil Parkinson’s side sit fourth– just three points off table-toppers Gillingham – having won four and drawn three since their opening-day defeat to MK Dons. Two places above them in second is Notts County, Wrexham’s promotion rivals from last season who have also made an impressive start back to life in the Football League. Notts County, like Wrexham, were one of the early season favourites for the title despite this being their first season back in the fourth tier since 2019. While it may come as no surprise that two teams littered with Football League talent have taken little time to acclimatise to England’s fourth tier, it does point to a stark financial inequality that is beginning to emerge at the base of the Football League. In the case of Wrexham, Ryan Reynolds and Rob McElhenney may not be throwing around cash in such a carefree manner as their American counterpart, Todd Boehly, in the Premier League at Chelsea, but they certainly aren’t spending prudently either. The club’s financial records for their promotion-winning season aren’t yet available, but the records from the season prior paint a clear picture of the new owners’ willingness to part ways with cash in their bid for promotion. £1.2m spent on transfers and agents – up from just £10,000 the year before – alongside a 294 per cent increase in football costs and losses of £2.9m which far outweighed the average net loss for a club in the National League, which sits around £1.1m according to Deloitte’s Annual Review of Football Finance. Some of that can be explained by the owner’s purchase of the freehold for the stadium and their 404 per cent increase in revenue – up to nearly £6m – but, regardless, the picture is as clear as ever. The big spenders rise to the top. One of last season’s big revenue drivers is expected to be Welcome to Wrexham, the hugely popular fly-on-the-wall documentary. The second season airs this week, showcasing the club’s second full season under their new owners, a campaign which ultimately concluded in Wrexham’s promotion back to the Football League for the first time since 2008. The show has attracted eyeballs and acclaim for its presentation of a football club at the heart of its community, and rightly so. In the second episode of the new series, for example, the story follows a young 17-year-old autistic fan, Millie Tipping, who strikes up a heartwarming relationship with star striker Paul Mullin whose own son, Albi, shares the same disorder. That focus on the community is an uplifting thread that runs throughout the documentary. But it’s also no wonder when the alternative is confronting the fact that Wrexham seem intent on financially bulldozing the lower leagues with boatloads of cash and hefty wage bills. After all, there were no other clubs in the National League last year whose kits were adorned with the sponsorship money of a social media giant like TikTok. No other teams in England’s fifth tier who could ring up and tempt a former England international goalkeeper out of retirement to help secure promotion. This year, their squad has been boosted – yet again – by the arrival of talent from higher divisions in the form of Will Boyle, George Evans and James McLean, the latter a £250,000 signing from Wigan Athletic reported to be on “championship wages”. When added to a squad that had already picked off supreme talents from the leagues above when the Welsh side were still in the National League, it’s clear to see why the bookmakers had them right at the top of their odds sheet. Money talks. They are not the only ones following this path in League Two. Salford City were the poster boy for big spending when they first reached the division under the ‘Class of 92’ ownership group. Stockport County too, who pipped Wrexham to promotion in the documentary’s first season, have spent handsomely, bringing Nick Powell to the club after he left Stoke City in the summer. But as Wrexham’s documentary hits TV screens, it should be the big spending of Reynolds and McElhenney that is put under the microscope. The celebrity status and goodwill garnered from the documentary should not distract from the vast spending that could dramatically alter the lower league landscape. Their openness with the fanbase and their effect on the local community is to be celebrated. One only has to look into the shenanigans at Southend United and Scunthorpe Town to realise stable ownership is far from guaranteed. However, look beyond that and their on-field strategy – fueled by rocketing sponsorship income and aggressive spending – is creating an unwanted blueprint. Succeeding in the Premier League has long been dictated by an owner’s willingness to spend. Football must now avoid a world where big-name owners, vast sponsorship deals and the same ability to spend are the only ways to journey up the football pyramid. Read More Welcome to Wrexham: The seasons we never got to see behind the scenes Welcome to Wrexham: Best sporting moments from season one Welcome to Wrexham: Best moments to look out for in season two Wrexham’s legendary goalkeeper Ben Foster in profile Wrexham’s star striker ‘Super’ Paul Mullin in profile Ben Foster: Retired keeper set to star in Welcome to Wrexham season 2
2023-09-19 21:44
Biden administration water cybersecurity plan temporarily blocked
Biden administration water cybersecurity plan temporarily blocked
By Clark Mindock A U.S. appeals court on Wednesday temporarily blocked a Biden administration plan to improve cybersecurity
2023-07-13 06:17
What's in a name? Notre Dame and its fans painting Dublin green ahead of season opener against Navy
What's in a name? Notre Dame and its fans painting Dublin green ahead of season opener against Navy
The Fighting Irish are in Dublin and headlining a college football game against longtime rival Navy
2023-08-26 01:15
Need a New Look? How to Change Your iPhone Wallpaper
Need a New Look? How to Change Your iPhone Wallpaper
Looking for the right wallpaper for your iPhone? Apple offers a variety of options to
2023-08-14 22:10
Portugal President Set to Call Snap Vote Amid Corruption Turmoil
Portugal President Set to Call Snap Vote Amid Corruption Turmoil
Portugal’s president is set to call a snap election after the country was thrown into a political crisis
2023-11-09 13:00
Michael Schumacher fans set for rare insight into F1 legend’s life in new documentary
Michael Schumacher fans set for rare insight into F1 legend’s life in new documentary
A new documentary is set to offer insight into the life of Formula 1 legend Michael Schumacher. The German has not been seen in public since suffering a brain injury in a skiing accident in December 2013. The seven-time F1 world champion left hospital in 2014 and his family have maintained strict privacy over his injury and condition. A new five-part documentary by German broadcaster ARD is set to air to mark ten years since his incident in the French Alps. The final details of the documentary are yet to be revealed, but it is due to be released on 28 December. Schumacher won 91 races during his F1 career and five successive Drivers Championship crowns between 2000 and 2004. A Netflix documentary, “Schumacher”, aired in 2021 and featured an update from his wife, Corinna, who said that her husband was “different, but here”. “Unfortunately, life isn’t fair sometimes,” the seven-time world champion’s younger brother Ralf Schumacher told German magazine Bunte recently. “We have to accept it. When I see his children Gina-Maria and Mick, my heart smiles. If anyone in the family seeks my advice, I am there. They go their own way.” The Schumacher siblings remain the only pair of brothers to each win a Formula 1 race, with Ralf winning six times across a decade in the sport. “In the Schumacher family we have always stuck together,” Ralf explained of his relationship with his older brother while the pair were both racers. “There was no envy. I just wasn’t good enough here and there.” Read More F1 2023 official calendar: All 23 Grand Prix this year ‘Sometimes life isn’t fair’: Michael Schumacher’s brother opens up about accident Michael Schumacher update: Lawyer explains lack of ‘final report’ on F1 star’s health
2023-11-11 01:24
Djokovic and Alcaraz in same half of French Open draw
Djokovic and Alcaraz in same half of French Open draw
Novak Djokovic could face world number one Carlos Alcaraz in the semi-finals of the French Open after both players were placed in the same half...
2023-05-25 21:20
Reactions to Ecuador's Lasso dissolving Congress
Reactions to Ecuador's Lasso dissolving Congress
MEXICO CITY Ecuadorean President Guillermo Lasso has dissolved the National Assembly, bringing forward legislative and presidential elections, a
2023-05-18 05:51