Soccer and its lure for foreign cash

United States News News

Soccer and its lure for foreign cash
United States Latest News,United States Headlines
  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Russian oligarch Roman Abramovich’s assets in the UK have been frozen following his country’s invasion of Ukraine, making his football club, Chelsea, effectively government controlled. But this has been a mere ripple on the seas of the football industry.

Sheikhs, oligarchs and American tycoons have been a boon to the business of football, and have taken the game’s riches to almost obscene levels. There seems no end to the desire to own a football club, even if Roman Abramovich is being forced into a fire sale.

Sanctions imposed on him by the British government and the EU have forced him into selling Chelsea, the quintessential London club that he turned from being perennial also-rans to becoming European champions...If you have already registered or subscribed, please sign in to continue.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialMail /  🏆 20. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Barcelona To Hijack Deal For Kylian MbappeBarcelona To Hijack Deal For Kylian MbappeReports suggest that Barcelona are now in the running to lure Kylian Mbappe away from Paris Saint-Germain. SLInt MORE:
Read more »

France summons Russian envoy over embassy Twitter cartoon that mocked Europe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.France summons Russian envoy over embassy Twitter cartoon that mocked Europe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Russia’s ambassador to France was summoned on Friday to the French Foreign Ministry over an earlier embassy Twitter post that Paris deemed unacceptable, the Foreign Ministry said.
Read more »

'Pimps' stalking Poland's railway stations, border crossings targeting women, children fleeing Ukraine | Businessinsider'Pimps' stalking Poland's railway stations, border crossings targeting women, children fleeing Ukraine | BusinessinsiderWomen and children fleeing Ukraine are being preyed upon by traffickers in neighboring countries, charity groups have warned. | BISouthAfrica
Read more »

KZN health authorities team up with soccer legends to intensify COVID-19 vaccination campaign - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.KZN health authorities team up with soccer legends to intensify COVID-19 vaccination campaign - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.KwaZulu-Natal health authorities have teamed up with soccer legends in a bid to intensify the COVID-19 vaccination campaign in Newcastle, in the northern part of the province.
Read more »

Former Bucs midfielder facing uncertain futureFormer Bucs midfielder facing uncertain futureFormer Orlando Pirates midfielder Augustine Mahlonoko faces an uncertain future in his soccer career since returning home to Vaal. Read more ➡️
Read more »



Render Time: 2025-03-06 20:22:58