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Manchester City acknowledge risk of charges after posting record £712m revenue
Manchester City acknowledge risk of charges after posting record £712m revenue
Manchester City have acknowledged the Premier League charges facing them risk having a “material impact” on the club, as they posted a league-record revenue figure of over £700million. City earned £712.8m in the year ending June 30, an increase of almost £100m compared to the previous year and far outstripping the £648.4m Premier League record set by Manchester United when their most recent results were announced last month. City’s run to the Champions League final – where they beat Inter Milan 1-0 in June – contributed to total broadcast revenue of £341.4m, including £113.85m just from UEFA. However, the club’s annual report mentioned the 115 charges issued against them by the Premier League in February under the ‘Risks and Uncertainties’ section. “The board acknowledges that there are a number of risks and uncertainties which could have a material impact on the club’s performance,” the report stated. As well as the Premier League charges, the performance of the first team and any future regulatory changes introduced by the Premier League, the Football Association, UEFA and FIFA were also cited as risks and uncertainties facing the club. Introductory statements in the annual report from chairman Khaldoon Al Mubarak and chief executive Ferran Soriano made no reference to the charges. Khaldoon said: “In the aftermath of the UEFA Champions League win in Turkey and the completion of ‘The Treble’ the question I was asked most often, was ‘How do you top that?’ “The answer is by doubling down on the proven philosophies and practices that have brought us this success and to challenge ourselves to continue to constantly innovate in order to achieve new levels of performance both on and off the field. “We will continue to question all the industry norms, we will evaluate our successes and learn from any failures. We will not be afraid to set new goals and develop new strategies that deliver for our club, its communities and stakeholders and especially for the fans.” Matchday revenue was recorded at £71.9m, while profit from player trading was up to over £120m. However, the club’s total payroll costs were just under £423m, up from just under £354m in 2022. That was despite head count dropping from 549 to 520. Read More Jannik Sinner scores first career win against Novak Djokovic in Turin Emma Hayes: Winning Champions League would be fairytale end to time at Chelsea Winter sun will have to wait for Ezri Konsa as he looks to take England chance
2023-11-15 13:23
Ohio State fans were big mad after Georgia leaps Buckeyes in CFP rankings
Ohio State fans were big mad after Georgia leaps Buckeyes in CFP rankings
Ohio State fans react to losing the number one spot in the CFP rankings to Georgia, even after blowing out a bad Michigan State team.
2023-11-15 12:23
What a 12-team College Football Playoff bracket would look with Week 12 CFP rankings
What a 12-team College Football Playoff bracket would look with Week 12 CFP rankings
How would the Week 12 CFP rankings shape a 12-team College Football Playoff bracket? Find out here!
2023-11-15 11:46
College football rankings 2023: CFB media reacts to Week 12 CFP rankings
College football rankings 2023: CFB media reacts to Week 12 CFP rankings
If there's one thing we know with absolute certainty, it's that the College Football Playoff rankings will largely sort themselves out by the time conference ch
2023-11-15 10:56
What time are the CFP rankings released tonight, Nov. 14?
What time are the CFP rankings released tonight, Nov. 14?
What time will the College Football Playoff rankings be released tonight? Find out here!
2023-11-15 07:16
Oregon eliminates Dan Lanning from potential Texas A&M coaching search
Oregon eliminates Dan Lanning from potential Texas A&M coaching search
Oregon head coach Dan Lanning says he's committed to the Ducks and won't consider leaving for the Texas A&M head coaching job.
2023-11-15 06:50
Emma Hayes confirmed as new USWNT head coach
Emma Hayes confirmed as new USWNT head coach
Emma Hayes is confirmed as the new United States women's national team head coach, a role she will take up after leaving Chelsea next summer.
2023-11-15 05:17
Emma Hayes: Winning Champions League would be fairytale end to time at Chelsea
Emma Hayes: Winning Champions League would be fairytale end to time at Chelsea
Emma Hayes admitted it would be a fairytale end to her Chelsea career by lifting the Women’s Champions League for the first time at the end of the season. Hayes will end her 12-year stay with the west-London club after this campaign. The Champions League is the one major trophy that has eluded the 47-year-old during that time, with the Blues having lost 4-0 in the 2021 final to Barcelona and reached the semi-finals on three other occasions. Speaking ahead of Chelsea’s opening Group D fixture v Real Madrid, Hayes told a press conference: “It would be a fairytale to win it, of course. But I didn’t grow up liking fairytales – my sister did. “I would love nothing more than to be in a winning position with this team.” Chelsea beat Real 2-0 at Kingsmeadow last season courtesy of goals from Sophie Ingle and Erin Cuthbert before they drew 1-1 in the Spanish capital. And Hayes, who highlighted the threat of left-back Olga Carmona, believes the experience of playing Wednesday’s opponents has helped her side’s preparations. She added: “We have analysed last season’s match and Real Madrid’s other matches, including this weekend’s match (7-1 win v Real Sociedad). We know what to expect. “I think having been here helps, it’s something familiar, but we don’t underestimate them. “They have many qualities, but I think they have the best on the extremes. The ability to go upwards, especially on the left with Olga. She is a mentor, a coach, a friend, life coach - it's more than football playing under her. Millie Bright “They have players looking for the back and putting balls into the area and they are very good in transition.” Chelsea captain Millie Bright admitted the news of Hayes’ departure is “devastating”. She said: “It’s been a bit of a whirlwind. I was devastated. “She is a mentor, a coach, a friend, life coach – it’s more than football playing under her. It is the hard part of football. I feel privileged to have played under her for so long.”
2023-11-15 04:26
A Surprising New Survey Reveals America’s Most Hated Thanksgiving Foods
A Surprising New Survey Reveals America’s Most Hated Thanksgiving Foods
According to a new survey, many Americans would be happy to skip the turkey altogether on Thanksgiving—but that's not their most hated dish.
2023-11-15 02:25
We know what it means to Wales to get to Euro 2024 – Jordan James
We know what it means to Wales to get to Euro 2024 – Jordan James
Wales midfielder Jordan James is targeting Euro 2024 qualification after enjoying the “best night of my life” against stellar Croatia trio Luka Modric, Mateo Kovacic and Marcelo Brozovic. Croatia have often carried the tag of having the best midfield in world football, but they had few answers in Cardiff last month as Wales beat them 2-1 to keep hopes of playing at Euro 2024 alive. James, the 19-year-old Birmingham midfielder, had a huge part to play in that victory alongside Ethan Ampadu, and Wales now meet Armenia and Turkey this week with automatic qualification in their own hands. “It was probably the best night of my life, as a collective and for me personally,” James said. “Seeing my family in the crowd and how proud they were, it was a massive win for the country. Hopefully we can do the same in the next two games. “I don’t think it gets much better than that, but we’ve still got a job to do. “On paper, that was the toughest game in the group, but we’re not going to take the next two games lightly. “We know what it means to the country to get to these big tournaments, so that’s our focus and hopefully we can do that. It was probably the best night of my life, as a collective and for me personally Jordan James “Coming into this camp now, we’ll look back on that Croatia game and take confidence into the next two.” Hereford-born James was capped by England at Under-20 level but qualifies for Wales through his father Tony, who played for his hometown club Newport. James only made his debut in March – coming on as a substitute in the 1-1 draw away to Croatia in Split – but has started the last two qualifiers, both of which Wales won. He has now won six caps – an incredible 164 fewer than Real Madrid star Modric – and quickly struck up an effective partnership with Leeds midfielder Ampadu. “It’s been great. As soon as I played with him the first time, we just clicked,” James said. “We just work off each other, I think you saw that against Croatia. When we didn’t have possession, we were solid, we did our job and that’s the main thing. “Ethan is a brilliant player and it’s very easy to play with him. I see him as a leader and I study how he plays because he’s somewhere I want to get to. I could see him being captain one day. “I’ve had massive trust from the gaffer (Rob Page) at such a young age. Playing for your country, there is a risk but he took it and I’m just trying to repay him for what he’s done for me.” Wales will secure a top-two place in Group D by taking maximum points from Armenia in Yerevan on Saturday and already-qualified Turkey at the Cardiff City Stadium three days later. Dropped points will leave Wales relying on favourable results elsewhere if they are to avoid the play-offs in March where the likes of Norway, Poland and Ukraine could be lurking. Armenia, ranked 95th in the world and 67 places below Wales, stunned Page’s side with a 4-2 Cardiff victory in June. James said: “There is a bit of revenge there because you don’t like losing. “We’re athletes, we want to compete, and we don’t like losing against any team. “It’s not nice and we want to get one back on them. But we know we’ve got a job to do. “We want to get it done and then focus on Turkey.” Read More Aston Villa defender Ezri Konsa ‘knew time would come’ for England call-up Rohit Sharma urges India to retain same mindset for World Cup semi-final Sol Campbell ‘happy in different space’ as he turns back on football management LaLiga president says Jude Bellingham ‘like he’s from a different planet’ Rory McIlroy aware ‘loose lips sink ships’ as progress made towards golf future ‘Drained and stressed’ Ronnie O’Sullivan withdraws from Champion of Champions
2023-11-15 01:26
Footballer Luis Díaz reunited with father after kidnapping
Footballer Luis Díaz reunited with father after kidnapping
The Liverpool footballer cried as he hugged his father who was held by Colombian ELN rebels for 12 days.
2023-11-15 01:16
Luis Diaz reunited with kidnapped parents after returning to Colombia
Luis Diaz reunited with kidnapped parents after returning to Colombia
Liverpool winger Luis Diaz enjoyed an emotional reunion with his parents after flying home to Colombia for the first time since their kidnapping earlier this month. Diaz arrived in Bogota before flying to Barranquilla – the national team base for Thursday’s World Cup qualifier against Brazil – on Tuesday where he was greeted by his father Luis Manuel and mother Cilenis Marulanda. In a post on X, formerly known as Twitter, the Colombia Football Federation published pictures of the family’s reunion alongside a short statement which read: “This was Lucho’s exciting meeting with his father Mane Diaz and his family. “We love you and we are more united than ever! @LuisFDiaz19. We are all Colombians.” Diaz’s parents were snatched off the street just over a fortnight ago and, while his mum was freed almost immediately, his dad was held for 12 days before being released on Thursday. The 58-year-old said of his experience: “It was a lot of horseback riding, really hard, a lot of mountains, a lot of rain, too many insects.” A weak Díaz, who was helped to and from a chair by his family, told journalists in his home town of Barrancas in Colombia: “I couldn’t sleep peacefully, it was very difficult, almost 12 days without sleep.” Read More LaLiga president says Jude Bellingham ‘like he’s from a different planet’ Rory McIlroy aware ‘loose lips sink ships’ as progress made towards golf future ‘Drained and stressed’ Ronnie O’Sullivan withdraws from Champion of Champions
2023-11-14 22:50
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