CSKA Sofia costs rocket to record €7.5m after year of infighting

todorovBy Alexander Krassimirov
January 30 -  The chief executive officer of Bulgaria's CSKA Sofia, Alexander Todorov (pictured), has revealed that the costs of running the club in 2014 year were almost BGN 15 million (€7.5 million), a high amount by Bulgarian standards.

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Greek Super League takes tough line with cash-strapped clubs

Greek Super LeagueBy Jaroslaw Adamowski
January 30 – The Greek Super League hardened its position on clubs in financial difficulty, dropping Niki Volou from the country's top league. Rival side OFI Crete has been deducted four matches, and had its upcoming match against Athromitos FC later this week postponed until the club pays off debts owed to two of its former players.

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More financial pain for RFU as travel partner sues

Nikolai Tolstykh2January 29 – The Russian Football Union's (RFU) cash crisis continues with news that Moscow travel agency Akademservice has filed a lawsuit demanding compensation of 23 million rubles ($339,000). The RFU is already struggling to cope with the wage bill of its national team coach Fabio Capello and general manager Oreste Cinquini, who have been unpaid for more than 7 months, and are owed $9.2 million.

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Van Praag says he wants just one term as FIFA's chief

Michael van PraagBy Andrew Warshaw
January 29 - FIFA presidential candidate Michael van Praag has spelled out precisely why he is challenging Sepp Blatter and has named the federations who are backing his nomination.

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Barca ponder future of Qatar Airways sponsorship deal

Qatar AirwaysBy Mark Baber
January 28 - Barcelona president Jorep Maria Bartomeu has told Catalan media that the club is considering alternatives to their kit deal with the Qatar Foundation over the worsening "social and political situation" in the Gulf state.

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Player wage crisis: FIFPro holds urgent talks to secure better terms for players

Theo van SeggelenBy Andrew Warshaw
January 28 - The international players' union FIFPro is holding a crisis session of its members in Greece today and tomorrow after negotiations to overhaul the transfer system broke down.

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Legia launches €2m investment fund to finance new transfers

Dariusz MioduskiBy Jaroslaw Adamowski
January 28 – Legia Warsaw has collected €2 million from a group of investors with the aim of financing new transfers in the current window. The Polish club aims to repay its investors with the profits which are to be generated once the footballers are transferred to other clubs, according to Dariusz Mioduski (pictured), the majority shareholder of Legia Warsaw.

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Real Madrid in underage player probe

imagesBy Mark Baber
January 27 - The news that FIFA is in the process of gathering information and documentation regarding the signing of 51 underage players at Real Madrid has led to speculation that the club may face a transfer ban, similar to that imposed on Barcelona, as FIFA continues its effort to ensure the regulations regarding transfers of minors are firmly adhered to.

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Former Man Utd chief catapults into contention for FIFA exco

David GillBy Andrew Warshaw
January 27 - The rapid rise of England's David Gill up the political footballing ladder has been given a further boost after the Englishman emerged as odds-on favourite to become the latest FIFA vice-president.

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