Northampton Town have announced an agreement with an investment group that includes former AC Milan, Chelsea and Brazil striker Alexandre Pato regarding a proposed purchase of shares in the League Two side. The planned investment by Sports Alpha Capital (SAC) received approval from the Independent Football Regulator (IFR) and the English Football League (EFL) earlier […]
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Chelsea’s main concern is the unavailability of midfielder Moises Caicedo. The Ecuadorian international faces an uncertain spell out with an undisclosed injury after lasting only 11 minutes as a substitute against Brighton last week. His absence places Alonso in a highly unusual situation for a Chelsea manager. Excluding suspensions, Caicedo had sat out just two […]
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Northampton chairman Kelvin Thomas said: “The proposed investment has undergone an extensive and demanding review, covering the ownership arrangement, long-term financial stability, the funding behind the deal, and the credentials of everyone involved. “Receiving approval through both regulatory procedures is a major step forward for the club. It should also give fans and stakeholders greater […]
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Kushner made the remarks only days after Uefa requested permission from a New York court to subpoena testimony and records from the US billionaire and Thrive. The organisation is assessing whether to file a criminal complaint against Infantino in Switzerland. Uefa, European football’s governing authority, has spearheaded opposition to the Fifa president amid mounting demands […]
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Saudi government official Turki Alalshikh has withdrawn from his planned investment in Derby County. Alalshikh’s Lion Sport appeared close to completing the transaction after it received approval from the English Football League and the Independent Football Regulator. However, Derby learned on Monday that Alalshikh had decided not to proceed with the acquisition of a stake […]
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Infantino was elected Fifa president in 2016, defeating AFC president Sheikh Salman al-Khalifa by 115 votes to 88. The next Fifa president is due to be confirmed at the organisation’s 77th Congress in Morocco next March. Anyone wishing to stand must submit their candidacy by 18 November. Before this week’s developments, Infantino had been expected […]
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Fifa plans to establish a commercial subsidiary responsible for managing its leading competitions, including the World Cups, while allowing outside investors to acquire shares in the business. The organisation said it would allow external parties to make minority investments without gaining controlling authority in the new company, named Fifa Forward Enterprise (FFE). Fifa stated on […]
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Following Thursday’s virtual meeting, chaired by president Aleksander Ceferin, Uefa issued a statement saying that the organisation and all 55 of its member associations were united in their position. The statement said they firmly and unanimously opposed Fifa’s plan to hand ownership stakes in the World Cup and its other tournaments to private investors. A […]
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Fifa argues that its proposal to sell World Cup stakes to private investors would provide its 211 member associations with additional funding for football development. Past experience, however, suggests that these resources have not always produced equal benefits. Millions have either disappeared or been diverted from their intended purpose, while Fifa has frequently intervened only […]
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Uefa’s 55 national associations are expected to convene an emergency meeting later this week to consider Fifa’s disputed plan to sell ownership shares in its leading tournaments. The global governing body for football intends to establish a separate commercial company responsible for managing its flagship events, including the World Cup, with outside investors permitted to […]
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