Aston Villa owner Naseef Sawiris threatens Premier league with legal action over ‘nonsensical’ financial rules

June 12 – The Premier League is potentially facing legal action from one of its club owners over its profit and sustainability rules.
June 12 – The Premier League is potentially facing legal action from one of its club owners over its profit and sustainability rules.
June 11 – Everton owner Farhad Moshiri has reportedly received a £400 million cash offer for the club from a consortium of international investors which include an unamed member of the Saudi royal family and high net worth investors from the US.
June 10 – With the drawn-out acquisition of Everton by 777 Partners now firmly dead in the water, new suitors are gathering at Goodison’s gates, most of them with US money.
June 7 – The Premier League announced on Thursday that it will trial two new spending cap systems starting next season.
June 6 – Fenerbahce stock has soared after the Turkish League side appointed former Real Madrid, Chelsea and Manchester United coach Jose Mourinho.
June 5 – English champions Manchester City have launched legal action against the Premier League ahead of their hearing over 115 charges of breaching financial rules.
June 5 – LaLiga’s Valencia CF say they have made significant progress in their long-running effort to complete their new stadium following the sale of land around the stadium site.
June 5 – English Championship club Watford is looking to raise £17.5million via a digital share offering with part of the funding to be used to strengthen the playing squad.
June 5 – Having taken ownership of Italy’s Serie A champions on Internazionale on May 22, US investment fund Oaktree Capital Management has wasted no time taking control, appointing a new 10-person board.
June 4 – Everton, who managed to survive in the English Premier League despite a points deduction, have been plunged into further disarray following the collapse of the long drawn-out takeover of the club by US-based consortium 777 Partners.
May 31 – With Chelsea Women entering a new era, and Sonia Bompastor replacing Emma Hayes who has already landed in the US for her new role as women’s national team manager, the club has unveiled a long-term strategic plan to develop the women’s team as a stand-alone entity to the men’s team and infrastructure.
May 30 – Leeds United have announced that Red Bull have acquired a minority ownership stake in the club and will also become their front-of-shirt sponsor in a multi-year deal.
May 30 – Real Madrid and England star Jude Bellingham is the world’s most valuable player, according to a CIES Football Observatory ranking that looks at the transfer values of the top 100 players in the world.
May 29 – Manchester United’s new owners insist a solution will be found to allow United and Nice, who they also own, to compete in the Europa League next season.
May 27 – Crystal Palace co-owner and American businessman John Textor has said he wants to sell his stake in the English Premier League club as Palace is no longer “a perfect fit” for his portfolio of football interests.