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Benfica have the world’s most profitable academy. Chelsea top Premier League

March 7 – Portugal’s Benfica have the most profitable academy in the world having generated €379 million from the sale of players since July 2015. Real Madrid have the second most profitable youth training system. Chelsea are ranked 8th.

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Finance

Grealish deal sets seal on Villa’s financial turnaround as club consolidates in top tier

By David Owen

March 4 – Aston Villa, the West Midlands side that recently brought Philippe Coutinho back to the Premier League, has unveiled a sharply-reduced loss for the 2020-21 season when it consolidated its status as a top-tier club.

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Broadcast

Turkish TV deal teeters on the brink as beIN Sport/Digturk hold off from signing

March 4 – The Turkish domestic TV rights deal took another twist today, as the deadline for beIN Sport/Digiturk to accept the broadcast packages looked set to pass without signature. beIN Sport/Digiturk is the highest bidder for all of the packages on offer.

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Football Marketing

Man City sign global crypto deal with OKX

March 4 – Manchester City have unveiled a multi-year global sponsorship with crypto exchange OKX, who will become club’s Official Cryptocurrency Exchange Partner.

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FIFA

Russians demand fast-track ban appeal at CAS and ‘compensation for damage’

March 4 – The Russian Football Union has confirmed it is going to the Court of Arbitration for Sport (CAS) to appeal against its ban from international competitions imposed by FIFA and UEFA as punishment for the invasion of Ukraine.

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Europe

Russian exodus continues as former Norwich boss Farke and 8 players quit Krasnodar 

March 4 – Eight foreign players plus German manager Daniel Farke, who was in the job for just six weeks, have quit Russian Premier League club Krasnodar in a continuing exodus since Russia invaded Ukraine.

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Europe

UK adds Usmanov to sanctions list. Everton face life without Russian cash

March 4 – The doors are closing on Alisher Usmanov. Having already had sanctions applied to him by the EU, he has now been added to the UK’s hit list of Russian oligarchs.

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Europe

Ukraine crisis: UEFA bans Belarus teams from playing at home

March 3 – Belarus and its club sides have been banned from playing matches at home by UEFA. Instead they will have to find neutral venues to play behind closed doors.

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Football Asia

Vietnam picks up group hosting to complete AFC Cup line-up

March 4 – Vietnam has been confirmed as the centralised hosts of Group I in the AFC Cup 2022. Matches will be played June 24-30.

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Finance

Abramovich confirms Chelsea is for sale with price tag put at $2.5bn+

Roman Abramovich_18-05-121

By Andrew Warshaw

March 3 – Roman Abramovich, the Russian oligarch whose fortune transformed Chelsea from perennial also-rans into one of the most successful clubs in Europe, has decided to pull the plug and sell up.

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Football Asia

Saudi Arabia to host all five AFC Champions League (West) groups

March 3 – Saudi Arabia will host all five of the centralised groups for the west zone of the AFC Champions League 2022. The decision to go to Saudi follows the successful hosting last November of the 2021 AFC Champions League final in Riyadh.

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Football Marketing

Everton cut ties with Russian sponsors and Usmanov’s spectral presence

March 3 – Everton are the latest football club to severe sponsorship ties with Russian companies following the Russian invasion of Ukraine.

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Integrity

SIS report details rise in match-fixing and sports betting turnover passing €1.45 trillion

matchfixing April_26

March 3 – Bet monitoring agency Sportradar Integrity Services (SIS) is reporting a record number of suspicious matches were detected in 2021. A year in which global sports betting turnover topped €1.45 trillion for the first time, according to SIS estimates.

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Concacaf

Turner Sports agrees 8-year media deal for US national teams

March 3 – Turner Sports has picked up men’s and women’s US national team games in a reported $200-220 million deal.

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Europe

Albanian elections postponed after local court suspends president

March 3 – The Albanian Football Federation has postponed its presidential election until March 15, following a dispute with one of its regional associations.

Read more …

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The worm turns: new 2023 financials point to long-delayed sponsorship uplift for Infantino’s FIFA

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