Please log in or register. Registered visitors get fewer ads.
Forum
Thread
Money-ball
at 23:21 8 Dec 2019

I read about this, buried somewhere in the Sunday Times earlier today. This article is from the FT. I probably shouldn't be posting but it seems quite important and I couldn't find any freely available articles about it.

- Headline - Plans for new global football competitions branded ‘insane’

- Subhead - Chiefs of European game push back against CVC talks with Real Madrid and Fifa

European football chiefs have denounced talks between Real Madrid, Fifa and private equity over the creation of new global football competitions that threaten to undermine the biggest leagues in the world’s favourite sport.

Aleksander Ceferin, president of Uefa, European football’s governing body, led an outcry on Friday against a proposal from Florentino Pérez, president of Spain’s Real Madrid, the world’s richest club by revenues.

Buyout group CVC Capital Partners and Gianni Infantino, president of Fifa, football’s governing body, are among those to have been approached by Mr Pérez about creating a new league featuring top clubs from around the world, according to several people with knowledge of the talks.

CVC is separately holding discussions with Fifa about acquiring the commercial rights to the revamped Club World Cup, a tournament that will feature some of the biggest teams in international football.

Discussions between Real, Fifa and CVC, first reported by the Financial Times on Thursday, sparked a furious response from some of the game’s power brokers — in particular against Mr Pérez’s concept of a breakaway global league that would upend the structure of the game in Europe.

[A] mad idea that needs to be treated with disdain

English football executive
“I have read about this insane plan,” said Mr Ceferin. “It would be hard to think of a more selfish and egotistical scheme. It would clearly ruin football around the world; for the players, for the fans and for everyone connected with the game — all for the benefit of a tiny number of people.”

Executives at big European leagues, such as the English Premier League, the world’s most valuable domestic football competition, echoed the criticism.

One leading English football executive said it was a “mad idea that needs to be treated with disdain”, while a top official at a leading Italian team said: “If you keep challenging the way clubs are playing, you will have a backlash.”

The recent moves by private equity signal how leading investors are increasingly looking to invest in football, while the sport’s leaders seek new ways to profit from growing corporate interest in the game.

The talks come after US-based Silver Lake last week reached a $500m deal to acquire about 10 per cent in City Football Group, the parent company of Manchester City and affiliated clubs around the world.

CVC has a long history in sports, having acquired and sold Formula One and Moto GP.

One person briefed on Mr Pérez’s plans said an option under consideration was the creation of two leagues of 20 teams each. Eight of those teams could be taken from the founding clubs behind the World Football Club Association, a newly created body of which he was named president last month.

Those founder members include Real Madrid, AC Milan, Auckland City in New Zealand, Boca Juniors and River Plate in Argentina, Club America in Mexico, Guangzhou Evergrande in China and Mazembe in the Democratic Republic of Congo.

Recommended
CVC/European football: round numbers
According to official announcements at the time, the World Football Club Association was set up in November to lobby Fifa on its revamp of the Club World Cup.

CVC is holding discussions with Fifa about acquiring the commercial rights, such as the ability to broker broadcast deals, to the revamped Club World Cup, according to people close to the talks.

Uefa previously attacked the expansion of the Club World Cup, wanting to defend the prestige of the Champions League, Europe’s top club tournament, which has a €2bn pot of prize money shared among participating teams.

Fifa said that it had “met with football clubs from around the world in order to discuss how to make the new Club World Cup an outstanding success, in particular, from a sporting point of view”.

CVC declined to comment. Representatives of Mr Pérez and Real Madrid did not respond to requests for comment.
Forum
Thread
Beer of the Week
at 23:17 6 Oct 2019

Had a few good beers this week. Unusually, the most memorable was in Red Lion and Pinapple, Acton. St Peters Plum Porter.

I'll try to post each week and would be interested to hear others.

(NorthernR need not post. We know. Begins with P and ends in Pee)
Forum
Thread
The 'Made for TV' World Athletics Championships
at 22:22 29 Sep 2019

Anybody else watch the Women's Pole Vault?

Very impressed with Asher-Smith. Unfortunately came up against a Superstar!

Forum
Thread
Newsnight
at 23:18 18 Sep 2019


I found it almost unwatchable not so long ago but it's improved so much. I like most of the presenters now. Emily Maitlis, Kirsty Wark, Emma Barnett. Mark Urban was really great tonight I thought.
Forum
Thread
Blue-Eyed Soul - Songs
at 14:39 5 Sep 2019

I was reading something earlier and the term Blue-Eyed Soul was used. I’d never heard of this before and was interested to learn that the term is used to describe Soul music made by white people.

I’ll kick off with this one. Please add more if you feel so inclined.

Elvin Bishop - Fooled around and fell in love.

Forum
Thread
Hillsborough
at 21:41 28 Apr 2019

2 of us will be there

Anybody else going lol!
Forum
Thread
The I've never seen a bad photo of Dave Thomas thread
at 00:00 15 Mar 2019

The footballer that is. Not the bloke (or one of his cronies) who robs me of a fiver at most matches.



[Post edited 15 Mar 0:04]
Please log in to use all the site's facilities

CliveWilsonSaid


Site Scores

Forum Votes: 532
Comment Votes: 6
Prediction League: 0
TOTAL: 538
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2019