List of All Articles with Tag 'ps'

Everton’s takeover by the American investment firm 777 Partners remains on course, despite the possibility of a points deduction that could put the Merseyside club at greater threat of relegation. The Premier League are reportedly pushing for Everton to be deducted 12 points during an investigation into possible breaches of financial regulations but 777 are adamant they still want to proceed with plans to complete a buyout. Everton majority shareholder Farhad Moshiri has signed a deal with 777 Partners, who have invested in a range of clubs including Genoa, Sevilla and Hertha Berlin. Everton were accused of breaking Financial Fair Play rules, which are supposed to limit clubs to a total loss of £105m over a three-year period. But Everton announced losses £44.7m in 2022, £121.3m in 2021, £139.9m in 2020, £111.8m in 2019 and £13.1m in 2018. The Premier League charged them in March though Everton have insisted they have complied with the regulations and their additional losses stem involve allowances clubs were permitted when Covid meant grounds were empty. Everton disclosed all scenarios with 777 during talks and financial due diligence and the potential outcome was priced in to the structure of the deal. A 12-point deduction would leave Everton, who only just avoided relegation in the last two seasons, on minus five. Other potential punishments, if Everton are found guilty, could include a transfer ban or a fine, which West Ham were given for the third-party ownership of Carlos Tevez and Javier Mascherano in 2007. Read More Everton face ‘12-point deduction’ over alleged financial breaches Everton boss Sean Dyche pays tribute to ‘amazing servant’ Bill Kenwright Bill Kenwright: Theatre producer who went from terraces to boardroom at Everton

Manchester United have announced record revenues of £648.4m for the last financial year and expect to bring in even more revenue this season. But they made a net loss of £28.7m, despite cutting their wage bill by £52.8m – partly because they were not in the Champions League but also for a season when the best-paid player, Cristiano Ronaldo, left part way through the campaign – after expensive transfers. Their accounts cover a 12-month period ending on 30 June, in which they signed Mason Mount this summer but also made the expensive purchases of Casemiro, for £63m, and Antony, for £86m, in 2022. United paid out £331.4m in salaries to their players last season, a sum that is likely to rise for the current financial year because salaries are raised when they are competing in the Champions League. With the added income of playing in Europe’s premier continental competition, United anticipate a revenue of between £650m and £680m this year. United also said that, for the first time since 2016, no dividends were paid to the owners, the Glazer family. The club’s debt remains at £538m while they also owe an additional £106m with a revolving credit facility. United paid £21.4m in net finance costs over the 12 months – down £40.8m, partly due to a change in exchange rates. United’s broadcasting revenue dropped £5.8m last season as they counted the cost of playing in the Europa League, a consequence of a sixth-place finish in the Premier League in 2021/22. But their commercial revenue reached a new high of £302.9m, up £45.1m, which was driven by a £41.6m rise in sponsorship income. United have since signed a 10-year £900m kit deal with Adidas, which is likely to lead to a further increase in commercial revenue. United’s matchday revenue also went up by £25.9m to £136.4m, aided by a host of home games during their runs to the FA and Carabao Cup finals. For much of the last year, United have been for sale, with Sir Jim Ratcliffe and Ineos expected to take a 25 per cent stake in the club. Read More Lauren James to miss England’s games against Belgium with concussion Manuel Akanji: Manchester City are ready to win the derby at Old Trafford Esme Morgan pleads for patience and politeness from England’s autograph hunters

Newcastle United’s Sandro Tonali has been banned from football for 10 months, the president of the Italian football federation (FIGC) has confirmed. Gabriele Gravina insists the Newcastle midfielder will be suspended for 10 months and follow a rehabilitation programme following an investigation over betting on matches during his time at AC Milan. It means Tonali will miss the remainder of the season for Eddie Howe’s side and be unavailable for Euro 2024, should Italy qualify. “The FIGC Prosecutor and Tonali have reached an agreement which I have already approved,” said the FIGC President. “The agreement consists of a 10-month ban plus eight months of rehab activities and at least 16 public appearances.” The 23-year-old was under investigation by the Italian Prosecutor’s Office and the Italian Football Federation, who found the Italy international had broken gambling rules. Tonali, who was signed by Newcastle from Milan for £50m this summer, fully cooperated with the investigation and was handed a reduced sentence. “Rules provide a ban for a few years, but there can be a plea agreement and attenuating circumstances,” Gravina added. “The guys collaborated above and beyond expectations, so we will continue to follow the rules we had adopted.” The midfielder’s agent, Giuseppe Riso, said Tonali suffers from a gambling addiction and the player has agreed to a treatment programme for gambling problems. Tonali’s punishment comes after the Juventus player Nicolo Fagiolo was banned for 12 months, with five suspended, amid the biggest betting scandal to hit Italian football in almost 20 years. Aston Villa’s Nicolo Zaniolo has also been investigated by authorities. Read More Newcastle determined to bounce back from Champions League setback – Joe Willock Eddie Howe’s tactical move exposes Newcastle weakness in Dortmund ‘lesson’ Newcastle given reality check as summer decision returns to haunt them

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Celtic fans defied a club appeal and waved Palestinian flags before Wednesday’s Champions League fixture. The Green Brigade, a supporter group which occupies the north curve of Celtic Park, traditionally organise a tifo - a choreographed display involving a large banner - for major games. But as the teams emerged from the tunnel for their Group E match against Atletico Madrid, they instead held up Palestinian flags. Celtic have already banned the group from away games after they displayed the flags at recent matches in the wake of the attacks in Israel and Gaza. It is expected the Scottish club will now receive a fine from Uefa. Read More Moment Gerard Pique falls into huge hole as he’s distracted by phone Bobby Charlton’s football was ‘poetry in motion’, says former teammate Ten Hag lays flowers in centre circle as Man United pay tribute to Bobby Charlton

There were many moments that Sir Bob Murray could point to as illustrating how much football has changed, but one stands out for what he feels was a lack of basic decency. “My wife used to go to the boardroom at Chelsea, and they would thoroughly search her handbag,” he says. “She’s the woman married to the chairman of Sunderland.” The reason for that was out of the rigorous security concerns for Roman Abramovich, an ownership that Murray declares himself “personally diametrically against”. The 77-year-old even argues in his new book, I’d Do It All Again, that the entire issue of modern sportswashing “might have started with Abramovich picking up 20 trophies”. The deeper point is how some of football’s more dignified traditions, such as decency to rival clubs, were cast aside because of far loftier geopolitical concerns. Abramovich was a billionaire with a huge security detail, so that superseded the rest of the game. There is an obvious contrast with a great football figure that has been so celebrated this week, as Murray recounts in his book. The former accountant had taken his 10-year-old son James to see Sunderland’s match at Old Trafford, where Sir Bobby Charlton arranged for him to have his photo taken with the Champions League trophy. “When we played them at the Stadium of Light in the return fixture six months later, Sir Bobby had remembered the photo and handed James the picture. I was very touched by that; he’d showed great kindness and thought. Sir Bobby and his wife, Norma, always treated Sue and me like royalty at Old Trafford. In return, I always made sure I gave him some ham and pease pudding and stottie cake to take home whenever he came to our home games.” While so many of Murray’s stories raise a smile in the same way, it is very quickly apparent on talking to him about the book that this is no mere folksy look at what football used to be. It is about what the game is supposed to be, and what it represents. Drawing on his experience from 20 years as chairman of Sunderland, and having taken them up to the Premier League, Murray feels it is necessary to address the most complicated of themes. “Sportswashing” and the game’s many financial issues come up a lot, as he believes all of this is so damagingly moving the sport away from the community core it is supposed to be about. That ethos is visible in Sunderland’s Stadium of Light itself – with the financially sustainable way it was built seeing Murray brought into the St George’s Park and Wembley projects by the FA – as well as his aims for the book. He has insisted that 100 per cent of the cover prices goes to the Foundation of Light, the club-associated charity he set up “to use the power of football to invest in the communities we serve and to improve the education, health, wellbeing and happiness of people, no matter who they are”. It can be purchased at www.sirbobmurraybook.com. A core of the book of course covers Sunderland’s fortunes, from Roy Keane and the Niall Quinn-led takeover by Drumaville to Peter Reid’s transfers and tribulations, as well as the simple joy of having Kevin Phillips repeatedly lash the ball in after a Quinn knock-down. “It's the pace that things change,” Murray laments. “I think people don't realise it. This league is only 30 years old, it's in its infancy and yet... in 2000 I had the Golden Boot of Europe in Kevin Phillips. That was a wonderful thing to have, a lad that wanted to stay at Sunderland, that was 23 years ago.” It feels impossible now, because of how football’s economic infrastructure has been allowed to change. “It's just accelerating, we're just at the beginning of this journey... it's not going to get any better. We don't have any political leadership on it.” There is naturally a lot of discussion about Sunderland’s greatest rivals. While Murray is highly critical of the Public Investment Fund ownership of Newcastle United, and what it all represents, he believes the path to that point is instructive. He points to a period where both clubs reached agreements with broadcasters. “Where we’d created new shares, Newcastle United did a media deal of their own by selling existing shares to rivals NTL. The Newcastle directors received a lot more money – around £15m for themselves. The difference was it went straight into their pockets, while we took a share dilution so that ours could go straight into building and funding the Academy of Light. (We created new shares, so that the company – the club – got the money; Newcastle sold existing shares so that the directors got the money; then four years later the club bought some more Hall family shares, bringing the Hall income from Newcastle United to £20m. Add in salary packages and dividends paid to all shareholders and you’re looking at £36m to the Halls and £8m to Freddy Shepherd. And this was all before the sale to [Mike] Ashley.) “The receipts from the public flotation of Sunderland AFC all went to pay for the Stadium of Light and the Academy of Light. The receipts from the public flotation of Newcastle United helped pay back the Hall family loans. Sky had paid vast premiums to what the shares were really worth – but all the money went on the Academy of Light, and we had no debt. What do I think? I think we put the club first. Hall and Shepherd’s legacy to Newcastle was to get the highest price. That’s why they had 10 years of Mike Ashley. Now they’re owned by a Saudi. That’s your legacy…” While some would no doubt accuse Murray of jealousy or all the usual claims, that would be to completely misunderstand his perspective. This isn’t just about competing at any cost. It’s about creating something sustainable for the community. “It’s the Newcastle supporters I feel really sad for, they’ve got great tradition and pedigree, great supporters, very passionate, love their club, I'm concerned about them really. That’s what I’m concerned about. I don’t like them on a Saturday 3 o’clock, but after that I've got no problem with them.” He is highly critical of the Premier League’s leadership. “Who knows where it’s going to end? Probably with more clubs losing their soul.” Murray elaborates on this more in a chat about the book. “We've got a fantastic club, lots of youngsters, ladies, great mix, generations, really proper football club and we're very fortunate to have the owner we've got, but I didn't do the book because I'd been in the game so long again, and I did St George's Park and Wembley, I thought I should voice my concerns, that's to the advantage you spend a bit of time and effort on sportswashing, because it's quite new in the north east. That's where I am, I put my head above the parapet really, I didn't write the book to do sportswashing to be truthful. It's the issue isn't it.” Murray hones in on what this is in the book. “Sportswashing presents huge concern for the future. It’s money through the back door that hopefully will be investigated properly. And it goes back to that old chestnut of the supporter not being able to influence the thing he or she loves. In fact, it’s even worse: supporters are now turning their heads and not looking where the cash comes from as long as they are winning trophies or qualifying for Europe – that’s the ultimate triumph of sportswashing.” Speaking now, he brings much of this down to a core driving motivation. “There’s a lot of self interest because we have to win games. But football should be for the good of society. That's what we're all about really isn't it. “It reflects on them, because it's the power of the brand. We can get people to live better lives due to the crest. “That’s what the game's about.” Sir Bob Murray’s book can be bought at www.sirbobmurraybook.com, with 100% of the cover price going to the Foundation of Light Read More Eddie Howe’s tactical move exposes Newcastle weakness in Dortmund ‘lesson’ Newcastle given reality check as summer decision returns to haunt them One of those nights – Eddie Howe bemoans fine margins after Newcastle defeat Eddie Howe’s tactical move exposes Newcastle weakness in Dortmund ‘lesson’ Newcastle given reality check as summer decision returns to haunt them One of those nights – Eddie Howe bemoans fine margins after Newcastle defeat

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Newcastle host Borussia Dortmund at St. James’ Park this evening as they aim to win consecutive matches in the Champions League this season. The Magpies defeated Paris Saint-Germain at home last time out in what was their first European top-flight match at St James’ Park in 20 years. Miguel Almiron, Dan Burn, Sean Longstaff and Fabian Schar all got on the scoresheet as Newcastle sent four past the French champions to take control of their group with four matches to play. Eddie Howe’s men are unbeaten in the group stages so far having also draw away at AC Milan in their opener but the face a difficult test against Dortmund tonight. The Bundesliga club have lost just one game in 11 matches all season - away at PSG in their Group F opener - and have scored eight goals in the last four games. They are bottom of the table as it stands and will see tonight’s fixture as a valuable opportunity to get themselves back in the race to reach the knockouts. Follow the action below plus get the latest odds and tips for Newcastle vs Borussia Dortmund right here: Read More Newcastle and Dortmund share same glaring hole in their team before Champions League clash Sandro Tonali is the latest victim of football’s double standards

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