Trending News

Player sales help Levski Sofia claw its way out of debt

February 26 – Bulgaria’s Levski Sofia has paid BGN1.15 million (€575,000) of its debts to the National Revenue Agency (NRA) . A few months ago, the club reached an agreement on rescheduling its tax obligations, which amount to nearly BGN 10 million. The club also announced that they had paid BGN 800,000 (€400,000)  to suppliers and partners. Levski said they …

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FIFA cottons on to sports apparel initiative to rebalance economics in Africa’s favour

February 27 – FIFA and the World Trade Organisation have reaffirmed their commitment to Cotton-4 plus African Countries in a bid to promote sustainable development via the global football economy. Speaking at the 13th WTO Ministerial Conference in Abu Dhabi, FIFA president Gianni Infantino committed to introducing Cotton-4 products into programmes run by his organisation. In September 2022, FIFA and …

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Bayern Munich hire Eberl to infuse new trophy winning into club

February 27 – With the prospect of facing a first season without a major trophy for 12 years, Bayern Munich have appointed a new sporting director in the shape of Max Eberl to oversee a major shakeup. Formerly in a similar role at Leipzig, Eberl (pictured), who used to play for Bayern, has been charged with rejuvenating a team that has …

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Mexico defeats USWNT in W Gold Cup for historic result

The Mexico Women’s National Team picked up a monumental win over the USWNT to round out the group stage in the 2024 W Gold Cup. The Americans had already clinched a spot in the knockout stage, which means it did not have much to play for. However, a dominant performance ensured La Tri finished as group winners. More significantly, this …

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CIES data charts England’s dominant fuelling of the global transfer market

February 26 – England is the dominant force in the world transfer market according to the latest report from the CIES Football Observatory which shows €75 billion was earned by clubs worldwide with about two-thirds from international transfers and the rest from domestic ones. The report points that for many countries England is the main funder of international transfers. “Among …

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FIFA-funded series of friendly tournaments launched with 20 nations, across four host venues

February 27 – Global governing body FIFA has launched a new series of friendly matches, piloting the first edition of the ‘FIFA Series’ in March, in a bid to offer more “meaningful action” to smaller nations. The idea for the series was first floated in December 2022 and on Monday – the day that marked the eighth anniversary of Infantino’s reign …

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German fans keep pressure on over 50+1 ownership rule

February 27 – Despite the German football league capitulating to fan power over third party investment, more protests occurred at the weekend, this time over Germany’s much coveted 50+1 rule. Last week, the DFL agreed to scrap its controversial plan to sell future media rights income to an outside investor for an upfront payment. Union Berlin and Dortmund fans celebrated the …

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