21, March 2022
Football: Man City top Deloitte Money League for first time 0
Manchester City have topped Deloitte’s Football Money League for the first time in their history after emerging from the coronavirus crisis in a stronger position than their rivals.
The Premier League champions, bankrolled by their Abu Dhabi owners, are only the fourth club to top the rankings after Real Madrid, Barcelona and Manchester United
City’s revenue of 644.9 million euros ($712 million, £541 million) in the 2020/21 season — up 17 percent — propelled them from sixth position to the top on the list of the 20 highest revenue-generating clubs in world football.
However, some of City’s commercial deals — which account for nearly half of revenue — are a source of controversy, with a number key partners such as shirt and stadium sponsor Etihad having links to the club’s owners.
The club were 4.2 million euros ahead of Spanish giants Real Madrid, with German champions Bayern Munich next followed by Barcelona and Manchester United.
A total of 11 English clubs were in the top 20, with Wolves making their first-ever appearance as the Premier League continued to flex its financial muscle.
Average revenue of the 20 clubs on the list was 409 million euros — a marginal increase on the 2019/20 season thanks to broadcast deferrals due to Covid disruption, but a 12 percent decrease on the 2018/19 season because of the absence of fans.
The clubs in the Money League have missed out on more than two billion euros of revenue over the 2019/20 and 2020/21 seasons as a result of the pandemic, the Deloitte report said.
Premier League clubs were more insulated due to the much larger television rights deals they enjoy compared with their competitors in the other top European leagues and the gap is likely to widen.
“Premier League broadcast rights values are set to pull further away from the other ‘big five’ European leagues from the 2022/23 season with the rollover of existing domestic arrangements on the same terms and the total value of international rights reportedly set to increase by 30 percent and exceed the value of domestic rights for the first time,” said Dan Jones, head of Deloitte’s Sports Business Group.
Source: AFP






















22, March 2022
War in Ukraine: Latest developments 0
Zelensky ready for talks
Ukrainian President Volodymyr Zelensky says he is ready for talks with Russian counterpart Vladimir Putin “in any format”.
The Ukrainian leader indicates the status of Russian-occupied Crimea and breakaway Russian-backed statelets in Donbas are up for discussion, adding that any peace deal will be put to a referendum in Ukraine.
Warning on chemical weapons
US President Joe Biden warns Russia will pay a “severe price” if it uses chemical or biological weapons in Ukraine.
He says Moscow’s claim that the US helped Ukraine develop biological weapons is “a clear sign” President Vladimir Putin is himself considering biological or chemical warfare.
Russia steps up air operations
The Pentagon says Russia is boosting air and sea military operations in Ukraine, flying more than 300 missions in the past 24 hours, in a bid to break Ukrainian resistance.
Eight dead in mall bombing
At least eight people are killed in the bombing of a shopping centre in northwest Kyiv. The 10-storey building is completely destroyed in the blast. Russia claims the mall was used to store rocket systems.
New Kyiv curfew
Kyiv mayor Vitali Klitschko announces a new curfew for the capital from 8:00 pm (1800 GMT) on Monday to 7:00 am on Wednesday.
Holocaust survivor killed
Ninety-six-year-old Holocaust survivor Boris Romantschenko is killed by Russian shelling in Kharkiv. Romantschenko had survived detention in Buchenwald, Mittelbau-Dora and Bergen-Belsen.
Protesters under fire
Ukraine’s leaders accuse Russian forces of firing on unarmed protesters in the occupied southern city of Kherson. Videos emerge to show residents fleeing flash-bang grenades and bursts of gunfire during the latest demonstration against the Russian invasion.
Red Cross mission
The head of the international Red Cross, Peter Maurer, tells AFP he will travel to Moscow this week for talks on the conduct of the war in Ukraine and efforts to secure visits with detainees.
Russian toll
Kremlin-allied tabloid Komsomolskaya Pravda reports 9,861 Russian troops have been killed and 16,153 injured in the nearly month-old war, 20 times the official tally. The figures are quickly removed from its website.
Nearly 3.5 million flee
Nearly 3.5 million Ukrainians have now fled the country following Russia’s invasion, the United Nations says, of the 10 million who have been displaced from their homes.
US-Russia ties near breakdown
Russia summons the US ambassador to Moscow to protest at Biden branding Putin a “war criminal”, saying relations are “on the verge of rupture”.
Facebook, Instagram ban
A Russian court bans Facebook and Instagram as “extremist”, part of the Kremlin’s sweeping efforts to censor news about the war in Ukraine.
Source: AFP