Beşiktaş and Vodafone sign Turkey’s biggest ever sponsorship

Besiktas stadium

By Mark Baber
August 21 – Beşiktaş has signed a $145 million deal with Vodafone, the club revealed in a statement on the Turkish Stock Exchange. The deal, including shirt sponsorship and sponsorship of the new Beşiktaş stadium which will be named the ‘Vodafone Arena’, is a timely one for the Istanbul club who have debt of about €100 million.

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Matt Scott: Why Arsenal’s cash mountain may remain just that

‘Spend, spend, spend’, read the notice brandished by a furious-looking man behind Arsène Wenger’s dugout, as Arsenal slumped to a 3-1 defeat to Aston Villa on Saturday. 
His was the politest exhortation of the day. Echoes of the anger that filled the Emirates Stadium, where groups of Arsenal supporters came to blows in their seats, have been read and heard on social media and radio phone-ins long after the final whistle fell silent.

It is the expression of a profound frustration,

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Mihir Bose: Why is Sky suddenly on the back foot?

The Premier League season is barely a week old and results for all the hoopla hardly count. But off the field we already have the makings of a fascinating duel between BT and Sky, both of whom have the rights to broadcast live matches. Now on the face of it this is the biggest mismatch ever.

Sky has the rights to most of the matches, it has built its entire broadcasting structure on the back of the Premier League and played a huge role in making the League what it is today.

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Osasu Obayiuwana: Can CAF function in Egypt’s political cyclone?

With Egypt taking one uncertain but dangerous turn after another, as a result of the raging political crisis, the ‘House of African football’ is unwittingly caught up in the crossfire of a domestic conflict.

That’s an inescapable consequence of the Confederation of African Football (CAF) being headquartered in Cairo, the theatre of bloody street battles between rival supporters of the military-backed transitional government and the country’s democratically elected president, Mohammed Morsi, forced out of office a few weeks ago,

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Valencia audit find debt has been cut and ‘positive’ signs

Valencia fans

By Jake Gable
August 20 – Valencia have revealed that the club’s debt now stands at €275.7 million (£235.1 million) after a due diligence report by consultancy firm KPMG. Club president Amadeo Salvo explained that the Spanish club’s debt has reduced by €66 million (£56.3 million) since 2008 and described the economic management as “positive”, however there are still general concerns for the state of financial health for many La Liga clubs, especially under new FFP (Financial Fair Play) rules and regulations set out by governing body UEFA.

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Russian anti-corruption campaign has implications in the West

Kirill Kabanov

By Mark Baber
August 20 – Any Russian politician or official caught with a foreign bank account will be forced to resign or sacked according to a new law which came into force on Monday. The law was passed by the Duma three months ago and has already led to the resignation of Chelsea’s owner Roman Abramovich from his position as chairman of the local parliament in Chukotka.

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