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Manchester United expecting record annual revenue as takeover saga continues
Manchester United expecting record annual revenue as takeover saga continues
Manchester United have projected record annual revenue of up to £640million in the current financial year as the takeover saga surrounding the club rumbles on. United’s owners, the Glazer family, are weighing up offers for the club from Qatari banker Sheikh Jassim and Sir Jim Ratcliffe, the founder of chemicals firm Ineos. The Glazers first indicated they could sell by initiating a strategic review last November but the bidding process has dragged on. Reports have suggested Sheikh Jassim’s bid – which is for 100 per cent of the club – is now the most likely to be accepted. Sources close to the Qatari bid have indicated their eagerness to close the deal, with the summer transfer window now open. Supporters staged fresh protests against the Glazers at Old Trafford on Tuesday as the club launched the kit for next season. Revenue guidance for the current financial year was raised to a record £630m to £640m in the third quarter financial results for the period ending March 31, 2023, which were released on Tuesday. This is driven by record match attendance and matchday revenues. Ticket sales for the 2022-23 season surpassed the previous record set in 2016-17, with 2.4m sold. Global memberships also hit 360,000, which United said was the largest paid membership programme in world sport. Revenue for the third quarter was up 11 per cent on the same period last year. Broadcasting revenue was slightly down on the corresponding period due to the club being in the Europa League rather than the Champions League, but was partially offset by the club’s performance in domestic cup competitions. Cash and cash equivalents are at £73.7m, down from £95.8m in the same period last year, reflecting the investment that has been made in the team. However, the figure is £31m higher than in the second quarter, boosted by money coming in from sponsorship and ticket sales. Summer recruitment will not be affected by the results, according to sources close to the club, with enough cash available to enable United boss Erik ten Hag to invest in the team. The limiting factor is understood to be the requirement to stay within financial sustainability rules.
2023-06-27 20:17
A player's mistreatment exposes flawed sex eligibility rules used by FIFA at Women's World Cup
A player's mistreatment exposes flawed sex eligibility rules used by FIFA at Women's World Cup
Babra Banda has been allowed to play for Zambia at the Women's World Cup after one of soccer's best young players was excluded from last year's African championship in a sex eligiblity case mishandled by authorities
2023-06-27 19:59
Strickland vs Magomedov card: All UFC Fight Night bouts this weekend
Strickland vs Magomedov card: All UFC Fight Night bouts this weekend
Sean Strickland and Abus Magomedov will square off in a meeting of middleweight contenders this weekend, as the pair clash in a UFC Fight Night main event. American Strickland, 32, is looking to make it back-to-back wins, having beaten Nassourdine Imavov on points in January, following two straight losses last year. Meanwhile, Russian Magomedov, also 32, enters Las Vegas on the back of a three-fight win streak, with all of those wins having come via stoppage. Strickland sits at No 7 in the middleweight rankings as he bids to re-enter the title picture, and he is risking his place in the top 10 here as he faces an unranked opponent in Magomedov. Here’s all you need to know. When is it? The event will take place on Saturday 1 July, at the UFC Apex institute in Las Vegas. The prelims are set to begin at 9pm BST (1pm PT, 3pm CT, 4pm ET). The main card is then due to follow at 12am BST on Sunday 2 July (4pm PT, 6pm CT, 7pm ET on Saturday). How can I watch it? The card will air live on BT Sport in the UK, with the broadcaster’s app and website also streaming the fights. In the US, ESPN+ will stream the action live, as will the UFC’s Fight Pass. Full card (subject to change) Main card Sean Strickland vs Abus Magomedov (middleweight) Damir Ismagulov vs Grant Dawson (lightweight) Max Griffin vs Michael Morales (welterweight) Ariane Lipski vs Melissa Gatto (women’s flyweight) Ismael Bonfim vs Benoit Saint-Denis (lightweight) Brunno Ferreira vs Nursulton Ruziboev (middleweight) Prelims Kevin Lee vs Rinat Fakhretdinov (welterweight) Joanderson Brito vs Westin Wilson (featherweight) Yana Santos vs Karol Rosa (women’s bantamweight) Guram Kutateladze vs Elves Brener (lightweight) Ivana Petrovic vs Luana Carolina (women’s flyweight) Alexandr Romanov vs Blagoy Ivanov (heavyweight) Click here to subscribe to The Independent’s Sport YouTube channel for all the latest sports videos. Read More UFC schedule 2023: Every major fight happening this year Ilia Topuria makes bold Alexander Volkanovski claim after dominating Josh Emmett Elon Musk picks UFC legend to train him for Mark Zuckerberg fight What time does Strickland vs Magomedov start in UK and US this weekend? How to watch Strickland vs Magomedov online and on TV this weekend When is the next UFC event?
2023-06-27 19:56
Soccer club Stuttgart agrees on deal that's potentially worth $110 million with Porsche Group
Soccer club Stuttgart agrees on deal that's potentially worth $110 million with Porsche Group
Bundesliga team Stuttgart has mainly agreed on a sponsorship deal with local car manufacturer Porsche and consultancy firm MHP that it says could yield more than 100 million euros
2023-06-27 19:55
Sweden heads to Women's World Cup looking to end run of near misses at big tournaments
Sweden heads to Women's World Cup looking to end run of near misses at big tournaments
Sweden heads into the Women's World Cup looking to make up for a run of near misses at major international tournaments
2023-06-27 19:51
After near misses in finals, Alexandra Popp and Germany eye Women's World Cup success
After near misses in finals, Alexandra Popp and Germany eye Women's World Cup success
Germany last won the World Cup 16 years ago and women's soccer has moved on a lot since then
2023-06-27 19:47
Wilfried Zaha and Stormzy to take over non-League AFC Croydon
Wilfried Zaha and Stormzy to take over non-League AFC Croydon
Crystal Palace forward Wilfried Zaha and rapper Stormzy are set to become joint owners of non-League club AFC Croydon. The pair are part of a three-man consortium, along with former Palace head of player care Danny Young, that has agreed a deal to acquire the assets of the south London side, who play in the Combined Counties Football League Premier South Division – the ninth tier of English football. Croydon announced contracts had been exchanged with the existing ownership and the consortium “will own, operate and develop their childhood hometown football club”. A statement added: “Whilst completion is subject to legislative and governance procedures, the three consortium members are excited about developing a community asset in the borough that gave them their own opportunities. “They hope to take the entire community on this exciting journey with them.” Zaha, 30, was born in Ivory Coast but raised in the borough of Croydon. He is already involved in community projects in the area through his own charitable foundation and an Academy. Zaha tweeted: “May the journey begin.” The latest announcement comes at a time of uncertainty of over Zaha’s playing future, with his Palace contract set to expire at the end of this month. The player has been offered a new deal at Selhurst Park but is yet to commit and has been linked with other clubs in the Premier League, elsewhere in Europe and Saudi Arabia. Stormzy, 29, also hails from Croydon and has a long-standing friendship with Zaha.
2023-06-27 19:28
The women's tennis tour plans for its players to earn the same as men at more events
The women's tennis tour plans for its players to earn the same as men at more events
It took more than three decades after the founding of the Women’s Tennis Association for all four Grand Slam tournaments to agree to give the same prize money to female and male players
2023-06-27 18:50
Ilia Topuria makes bold Alexander Volkanovski claim after dominating Josh Emmett
Ilia Topuria makes bold Alexander Volkanovski claim after dominating Josh Emmett
Ilia Topuria has claimed he can beat Alexander Volkanovski ‘wherever we go’, as he eyes a shot at the UFC featherweight champion. Topuria dominated Josh Emmett in a Fight Night main event on Saturday, outpointing the American veteran before expressing his desire to fight for the title next. And the German-born Georgian, who fights out of Spain, reiterated that demand on Monday, while speaking on The MMA Hour. When asked if he would accept a fight with Volkanovski on the Australian’s home turf, the 26-year-old said: “No f****** problem. If I think I’m the best in the world, I can beat him in Australia, in Las Vegas, in Miami, in Spain – wherever we go, I beat him. Location is no problem. “Right now, I’m really focused on getting that championship belt. I want to get that title fight, which I know that I deserve. But if they come out with some offer to go to Spain and make a fight in Spain with [former champion] Max Holloway maybe... because if they told me to go to Spain to fight someone unknown, I’m not going to [accept] that fight, because I want to go for that belt. “But if they come out and they told me, ‘We want to take the UFC to Spain and you’re going to fight with Max Holloway,’ I will say, ‘Hell yes, let’s go, let’s do it.’ I want to fight in front of my people.” Volkanovski is due to defend his title against interim champion Yair Rodriguez in July, with the winner of that fight potentially next for Topuria, although Holloway stayed in the mix at featherweight by outpointing Arnold Allen in April. The Hawaiian also has a fight scheduled – a clash with the “Korean Zombie” Chan Sung Jung in September. “Like I said, one of the best skills I have is patience,” Topuria added. “I can wait. I’m young, I’m 26 years old, I enjoy life. I’m happy with everything I have, so I can wait. I didn’t rush for anything. No problem. “It doesn’t matter for me. I have the goal, which is to become the world champion, and if I have to wait, I’ll wait my whole life. Why am I not going to wait like six more months or something like that? I’m going to wait.” Click here to subscribe to The Independent’s Sport YouTube channel for all the latest sports videos. Read More Ilia Topuria: UFC’s rising star has a question for you UFC fan favourite Max Holloway to return with ‘Korean Zombie’ fight in Singapore Elon Musk and Mark Zuckerberg ‘dead serious’ about cage fight, says UFC boss
2023-06-27 18:45
Do you know Wimbledon? Try the AP’s quiz about the grass-court Grand Slam tournament
Do you know Wimbledon? Try the AP’s quiz about the grass-court Grand Slam tournament
How much do you know about Wimbledon
2023-06-27 18:27
Dillian Whyte reveals why Anthony Joshua rematch is being delayed
Dillian Whyte reveals why Anthony Joshua rematch is being delayed
Dillian Whyte has claimed that a rematch clause is holding up a potential summer clash with Anthony Joshua, as talks between the Britons’ teams continue. Eddie Hearn, who promotes both heavyweights, suggested last week that the planned 12 August bout would not go ahead, citing Whyte’s financial demands as the reason for the fight collapsing. However, Whyte has hinted that negotiations are ongoing. The 35-year-old, who beat Joshua in the amateurs but was knocked out by “AJ” in a 2015 professional bout, told Talksport: “It’s like this, [Hearn] said, ‘We’re gonna send a simple contract,’ and then they sent a very complicated contract with a lot of hoops and a lot of hooks to hook me in. “I don’t want that, I just want a simple contract, simple fight, winner moves on and has a big fight in Saudi Arabia. This fight for me is about the opportunity, it’s not about the money; that’s why I’m taking the fight for the money they’ve offered me. “But now they’re trying to put a rematch clause in there that ties me up for a year and messes everything up. I’m not interested in that. I just want a straightforward fight, winner moves on, that’s it. “What I don’t like is: Eddie’s out there talking nonsense; ‘Oh, we’ve got two other guys waiting to go.’ Mate, no one cares, just shut up. No one cares about who you’ve got ready to go. “It’s a proper fight, let’s get the fight made, stop talking about all these back-up plans.” Joshua has been in talks over a December fight with Deontay Wilder in Saudi Arabia, but Whyte’s comments suggest that the “Bodysnatcher” would want to take Joshua’s place in that contest if he were to overcome AJ. Whyte last fought in November, narrowly outpointing Jermaine Franklin, who was also beaten on points by Joshua in April. Click here to subscribe to The Independent’s Sport YouTube channel for all the latest sports videos. Read More Dillian Whyte responds to claims he ‘turned down’ Anthony Joshua fight Carl Froch criticises Tyson Fury legacy — and outlines what he needs to become ‘the best of a generation’ The Independent’s pound-for-pound boxing rankings
2023-06-27 18:15
Ryan Mason to remain at Tottenham in assistant coach role under Ange Postecoglou
Ryan Mason to remain at Tottenham in assistant coach role under Ange Postecoglou
Tottenham have announced Ange Postecoglou’s coaching staff with Ryan Mason staying on at the club in an assistant coach capacity. Former Spurs midfielder Mason took charge of the final six matches of the 2022-23 campaign, but doubts were cast over his long-term future. Mason, 32, repeatedly stated his readiness for management during his second interim stint with his old side. However, the once-capped England international will remain at Tottenham as part of Postecoglou’s backroom set-up. Spurs have also recruited a number of other coaches to work with their new manager with Chris Davies, formerly Brendan Rodgers’ assistant at Leicester, named as senior assistant coach. Former Crystal Palace and Australia midfielder Mile Jedinak will begin work with Tottenham on July 1 as an assistant coach and Matt Wells, who returned to the club to help Mason during his interim spell, will remain involved in the first-team set-up. Rob Burch makes a return to Spurs as goalkeeper coach following spells with Fulham and Bournemouth. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-27 17:49
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