Tuesday briefing: Sevilla shareholders accuse Ramos and threaten legal action over collapsed deal

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Tuesday briefing: Sevilla shareholders accuse Ramos and threaten legal action over collapsed deal

IMAGO

IMAGO

2 June 2026 - 4:30 AM

Sevilla FC's principal shareholders have accused Sergio Ramos of changing the terms of a proposed deal to buy the club and said they intend to seek contractual penalties following the breakdown of negotiations.

According to Spanish newspaper AS, the shareholders alleged that Ramos had failed to honour the terms previously agreed and warned that legal action could follow.

In a letter sent to the Spanish media, the shareholder group said discussions with the former Spain international had reached an agreement before Ramos altered key conditions on 27 May. The shareholders suggested the move had been planned and led directly to the collapse of the transaction.

The shareholders also said they would seek to enforce a penalty clause included in the negotiations and cautioned Ramos against disclosing confidential information obtained during the takeover process.

Ramos says talks can continue

Speaking at a press conference on Monday, Ramos rejected suggestions that responsibility for the breakdown rested solely with his consortium and said negotiations had evolved on both sides throughout the process. He added that his group had respected confidentiality obligations and remained focused on the future of Sevilla.

Ramos said his investor group still wanted to continue discussions over a potential acquisition of the club. He argued that changes to the proposal were made following recommendations from advisers and LaLiga, including increasing a planned capital injection from €80 million to €120 million before 30 June, and maintained that the consortium’s objective was to help secure Sevilla’s long-term viability.

 

 

Brest owner open to sale amid French football financial pressures

Stade Brest president and owner Denis Le Saint has said he is open to selling the Ligue 1 club as French football continues to grapple with financial uncertainty and declining domestic broadcast revenues.

Speaking to L’Équipe, Le Saint said Brest were considering a range of options to secure the club’s future. He said any potential sale would depend on finding an owner capable of safeguarding the club’s interests rather than simply completing a transaction.

“But it isn’t a question of selling to someone who wouldn’t treat the club well,” Le Saint said.

The comments come at a time of change for Brest, who qualified for the UEFA Champions League in the 2024/25 season but have faced budget constraints despite the additional income generated by the competition.

Options under consideration

Le Saint said the club could not rely indefinitely on Champions League revenues and warned that lower television rights income was forcing Brest to explore alternative solutions to remain competitive.

He also raised the prospect of Brest joining a multi-club ownership structure, a model that has become increasingly common in French football. Referring hypothetically to interest from a leading English club, Le Saint said:

“Imagine if a big English club, who play in red, just like us, were interested in a club like Brest… there isn’t any contact, but we wouldn’t be able to say no,” said the Brest owner.

 

 

FIFA avoids India World Cup blackout with last-minute broadcast deal

FIFA has secured a broadcasting agreement for the 2026 World Cup in India, ending months of negotiations and ensuring the tournament will be available in one of the last major markets where media rights had remained unsold.

The deal was announced ten days before the World Cup begins across the United States, Canada and Mexico on 11 June. Financial terms were not disclosed, although it has previously been reported that FIFA had been seeking to finalise an agreement before the tournament starts.

India had become a notable gap in FIFA’s global distribution plans as talks with potential partners dragged on. FIFA had reportedly initially sought around $100 million for the rights package covering the 2026 and 2030 World Cups before reducing its asking price to $60 million.

Shares jump 7 per cent

The agreement saw Zee Entertainment shares rise about 7 per cent following the announcement.

The deal resolves uncertainty over World Cup coverage in a market expected to be one of the tournament’s largest television audiences.

Monday briefing: Real Madrid top Forbes valuation ranking as English and US clubs dominate

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Monday briefing: Real Madrid top Forbes valuation ranking as English and US clubs dominate

Garcia

IMAGO

1 June 2026 - 4:30 AM

Real Madrid have been named the world’s most valuable football club for the fifth consecutive year, according to Forbes, with a valuation of $9.5 billion and revenue of $1.27 billion during the 2024/25 season.

The Spanish club retained top spot in Forbes’ annual ranking despite finishing behind Barcelona in La Liga for a second successive campaign and exiting the Champions League at the quarter-final stage. Barcelona were ranked second with a valuation of $7.5 billion.

English and American clubs accounted for more than half of the 30 teams included in the list. The Premier League contributed 11 clubs, while Major League Soccer had seven representatives, ahead of Serie A’s four and La Liga’s three. Forbes said the 30 clubs had a combined value of $87 billion, with an average valuation of $2.9 billion.

Investor interest grows

American investors have become particularly active in the sector. More than half of Premier League clubs are now majority-owned by Americans or US-based firms, while North American investors also control nine Serie A clubs and have expanded into other football markets.

The publication said growing revenues from continental competitions, stadium redevelopment projects and continued demand for sports ownership are helping support club valuations despite ongoing concerns around profitability and the risks associated with promotion and relegation.

 

Insurance company set to acquire 37 per cent stake in Columbus Crew at $900 million valuation

Nationwide Mutual Insurance has agreed to acquire a 37 per cent stake in MLS club Columbus Crew in a deal that values the franchise at $900 million, as reported by Sportico. The transaction is expected to close in the coming weeks, subject to approval from the league’s board of governors.

The insurance company will purchase a 30 per cent stake from owners Jimmy and Dee Haslam and a further 7 per cent from the Edwards family. Following the sale, the Haslams will remain the club’s controlling shareholders with a 40 per cent stake.

Nationwide, which is headquartered in Columbus, is already involved in the city’s sports landscape through its ownership interest in the group awarded an NWSL expansion franchise last month. The ownership group for the new women’s team also includes the Edwards family.

Ownership history

Columbus Crew ownership transferred to the Haslam and Edwards families in 2018 after they reached an agreement with MLS to assume the club’s operating rights.

The deal followed former owner Anthony Precourt’s move to establish a new franchise in Austin. The club have since opened a new downtown stadium and won two MLS Cup titles.

 

Roma part ways with Massara after Champions League return

AS Roma have ended their relationship with sporting director Frederic Massara less than a year after his return to the club and days after securing qualification for next season’s UEFA Champions League. The Serie A club announced the departure on Thursday, describing it as a mutual termination of contract.

Roma thanked Massara for his work during the season, which culminated in the club reaching the Champions League for the first time since the 2017/18 campaign. In a statement, Massara said he was grateful for the opportunity to return to a club with which he has a strong connection.

The departure follows months of reported tensions between Massara and head coach Gian Piero Gasperini over recruitment strategy and transfer dealings. According to La Gazzetta dello Sport, disagreements emerged during both the summer and winter transfer windows over a number of attacking targets.

Replacement expected soon

Massara had been serving his third spell at Roma after rejoining the club last June.

Tony D’Amico is expected to replace Massara, with an announcement anticipated in the coming days. He is joining from Atalanta BC, where he has held the position since 2022 until leaving last Wednesday.

 

PSG Champions League triumph brings €146 million UEFA windfall

Paris Saint-Germain’s Champions League victory has taken the French club’s UEFA earnings for the 2024/25 season to around €146 million, according to calculations by The Athletic.

Luis Enrique’s side secured a further €6.5 million by beating Arsenal in Saturday’s final, adding to an estimated €139 million already generated through their run to a second consecutive European title.

Arsenal, meanwhile, are projected to have earned €143 million from this season’s Champions League campaign, setting a new record for an English club. The Athletic reported that the figure surpasses previous UEFA earnings achieved by Premier League sides.

Domestic tv-money

UEFA revenues provide a sharp contrast with domestic distributions in France. PSG’s Ligue 1 title win in 2024/25 generated about €38.5 million in prize money.

For Arsenal, the European payout comes on top of almost €230 million earned from winning the Premier League. The Athletic said the combination of domestic and UEFA distributions is expected to push the club’s broadcast revenue to a new high for an English side.

Friday briefing: Sergio Ramos-led Sevilla takeover talks collapse after revised bid

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Friday briefing: Sergio Ramos-led Sevilla takeover talks collapse after revised bid

Imago

IMAGO

29 May 2026 - 4:30 AM

Talks over a Sergio Ramos-backed takeover of Sevilla FC have broken down after the former Spain defender’s consortium changed the structure of its proposed deal for the La Liga club.

Sources close to Sevilla’s shareholders told The Athletic that the new proposal represented a reduced offer compared to the original agreement and lacked sufficient guarantees.

Sevilla’s shareholders were initially considering a proposal under which the consortium would acquire 85 per cent of the club’s shares for €275 million, while also assuming €85 million in debt and committing to an €80 million capital increase.

Under the revised terms, Ramos, Five Eleven Capital and a group of Mexican investors proposed purchasing an initial 18 per cent stake for €100 millon before increasing their holding through capital injections.

Last week, Off The Pitch reported that doubts had emerged over the consortium’s funding after evidence confirming the availability of the funds had yet to be provided.

Investors dispute claims

Sources close to Ramos disputed the claims of lacking guarantees to The Athletic and argued the revised structure increased the proportional value of the offer totalling €335 million, including deferred payments and a €120 million capital increase intended to improve Sevilla’s financial position.

Both sides left the latest meeting feeling a deal would now be difficult to complete before the exclusivity deadline on May 31.
 

 

Ares and MetLife clash over Eagle Football debt repayments

MetLife has clashed with Ares Management over plans to restructure Eagle Football, the multi-club group that owns Olympique Lyonnais, after some lenders were asked to accept delayed debt repayments.

Bloomberg reported that MetLife has so far resisted the proposal, according to people familiar with the negotiations. The US insurer’s investment is backed by Lyon’s Groupama Stadium and revenues generated by the venue.

Ares, which provided more than $400 million to Eagle Football, is trying to stabilise the group after heavy losses linked to player spending and expansion plans. The investment firm is said to have recently marked down part of its exposure from the low 30 cents on the dollar range to about 16 cents.

Creditors are also weighing the risk of Lyon facing renewed sanctions from French football regulator DNCG if the club fails to secure fresh financing before the new season. Last year, Lyon avoided relegation from Ligue 1 after an equity injection and the exit of Eagle founder John Textor from his leadership role at the club.

Stadium revenue outlook

DBRS Morningstar last month maintained investment-grade ratings on Lyon’s €320 million stadium notes but revised the outlook to negative, citing Eagle Football’s financial position and the potential impact relegation would have on stadium revenues.

A drop into the second tier could reduce demand for hospitality and sponsorship at Groupama Stadium, affecting the revenues underpinning MetLife’s investment.
 

 

Arsenal owners pledge further squad and stadium investment

Arsenal FC co-chair Josh Kroenke has said the club will continue investing in the squad and Emirates Stadium despite securing the Premier League title and reaching the Champions League final.

Speaking before Saturday’s final against Paris Saint-Germain in Budapest, Kroenke said Arsenal intended to strengthen the team during the transfer window even if they become European champions for the first time.

Arsenal spent more than £250 million on signings last summer and Kroenke said the club could not afford to “stand still” while rivals continued to improve. He added that Arsenal now believed they had “very strong foundations in place” after rebuilding the squad under manager Mikel Arteta.

Stadium plans

Kroenke said Arsenal had started work with advisers on plans to improve the Emirates Stadium, with chief executive Richard Garlick overseeing the project.

He said the club wanted to preserve the ground’s character while enhancing the matchday experience for supporters.
 

 

Marseille face internal complaint as Lorenzi appointed sporting director

Olympique de Marseille are said to be handling an internal complaint after around 20 employees reportedly accused sporting coordinator Bob Tahri of contributing to a “toxic” working environment at the Ligue 1 club, according to L’Équipe. The anonymous message was sent to management, HR and employee representatives on Tuesday.

L’Équipe reported that the complaint accused Tahri of intimidation and manipulation, while also alleging a climate of “paranoia at every level” inside the club. The report said staff feared repercussions for speaking openly and referenced departures across several departments.

Marseille told L’Équipe that the matter was being treated seriously by the club’s HR department and that appropriate measures were being considered. Tahri denied wrongdoing, stating that people could not damage his work or reputation “without proof”.

Lorenzi appointed

Marseille have meanwhile appointed Grégory Lorenzi as the club’s new sporting director. The former Stade Brestois executive will begin in the role on Thursday following a recruitment process involving owner Frank McCourt and senior club officials.

Lorenzi spent 10 years at Brest, helping oversee the club’s rise from Ligue 2 to European qualification. Marseille said his role would include defining the club’s sporting strategy, player development and academy structure.
 

Thursday briefing: New York and New Jersey investigate FIFA over World Cup tickets

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Thursday briefing: New York and New Jersey investigate FIFA over World Cup tickets

Imago

IMAGO

28 May 2026 - 4:30 AM

The attorneys general of New York and New Jersey have opened an investigation into FIFA’s ticketing practices for the 2026 World Cup, with a particular focus on matches scheduled at MetLife Stadium in East Rutherford. The probe follows complaints from fans about seat allocations and rising ticket prices and comes just two weeks before the tournament is set to kick off.

New York attorney general Letitia James and New Jersey attorney general Jennifer Davenport said they had issued subpoenas seeking information about how tickets were sold and assigned. The investigation also concerns allegations that FIFA’s ticketing approach contributed to inflated resale and dynamic pricing across the tournament.

The officials said supporters may have been misled over where seats would be located within stadiums. “No one should be manipulated into paying sky-high prices for seats,” James said.

"Fake scarcity"

FIFA has faced criticism since introducing dynamic pricing for the expanded 2026 tournament across the United States, Canada and Mexico. Ticket prices for some matches have risen sharply since sales opened, while lower-cost allocations have remained limited.

Davenport accused FIFA of creating “fake scarcity” by withholding blocks of tickets from sale in order to increase prices for remaining seats. The investigation also examines complaints from supporters who said tickets purchased in higher categories were later allocated seats behind goals or in upper sections of stadiums.
 

 

Manchester United post revenue increase over first nine months but see pre-tax loss

Manchester United reported revenue of £520 million for the first nine months of the financial year, up from £502 million over the same period a year earlier, according to the club’s latest financial results.

Broadcast revenue for the quarter ending 31 March rose 57.1 per cent to £64.9 million, reflecting projected Premier League prize money after United’s third-place finish.

Sponsorship revenue for the quarter fell 9.4 per cent to £38.5 million after the expiry of the club’s training kit agreement with Tezos, however, United are reportedly closing in on a new training kit sponsorship deal worth around £20 million per year with Betway.

The club raised its full-year guidance, increasing projected revenue from £655 million to £665 million.

Costs and pre-tax loss

United disclosed £16.7 million in costs linked to the January dismissal of Ruben Amorim and his coaching staff, following the £14.5 million charge reported last year for the departure of Erik ten Hag and his backroom team.

Despite posting an EBIT of £37.7 million over the nine-month period, interest payments on loans contributed to a pre-tax loss of £18 million.
 

 

Sergio Ramos group submit revised Sevilla takeover proposal

Sergio Ramos and investment firm Five Eleven Capital have presented a revised proposal to acquire a majority stake in Sevilla, according to Marca. The new offer would involve buying 60 per cent of the club’s shares instead of the 80 per cent initially proposed, with the remaining funds allocated to a capital increase.

The proposal was discussed during a meeting on Wednesday. Marca reported that Ramos’ group also presented proof of funds as part of the negotiations. Club advisers are now expected to review the latest terms before responding.

José Luis Carrión, a Sevilla shareholder who attended the meeting, said a decision could arrive within days. “They have made another proposal and a response will be given in a very short period,” he said, adding that a letter of intent included deadlines that must be respected.

Mexican backing

Carrión also confirmed that the financial backing behind the bid comes from Mexican investors. He described them as “a strong Mexican family” and said the parties involved hoped the process would conclude positively.

Carrión said his group remained focused on securing what it believes is the best outcome for Sevilla.
 

 

Spurs chief says club fell behind rivals during Levy era

Tottenham Hotspur chief executive Vinai Venkatesham has said the club fell behind Premier League rivals in several football operations under former chairman Daniel Levy, while the club’s owners, the Lewis family, pledged further investment after a difficult season.

Speaking to BBC Sport, Venkatesham said parts of the club were in a “significantly worse state” than he expected when he joined in April 2025. He described Tottenham’s training ground as resembling “a five-star hotel” rather than a high-performance environment and said changes would be made during the summer.

Venkatesham said Tottenham required “a complete reset” after finishing 17th under Ange Postecoglou, despite qualifying for the Champions League by winning the Europa League. He added: “When you look at where Tottenham were in many of those areas, compared to where I believe other Premier League clubs are, there was a significant gap.”

Lewis family is "all in"

Levy left his role as chairman in September after 24 years, with Venkatesham and the board later criticised during a season in which Spurs secured Premier League survival on the final day.

In a statement, Spurs owners the Lewis family pledged further investment to help return the club to competitiveness..

“This will require investment - in our teams, the academy, our backroom functions and more - and we are fully committed to this. We are not selling the club. We are all in.”

Wednesday briefing: Iran relocate World Cup base from US to Mexico FIFA confirms

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Wednesday briefing: Iran relocate World Cup base from US to Mexico FIFA confirms

IMAGO

IMAGO

27 May 2026 - 4:30 AM

FIFA has confirmed that Iran will base their national team in Tijuana, Mexico during the 2026 World Cup after abandoning plans to train in the United States.

The decision follows the military conflict involving the United States, Israel and Iran that began on February 28. A week before the conflict started, Arizona’s Kino Sports Complex had announced it would host the Iranian squad during the tournament.

Iran Football Federation president Mehdi Taj said on Saturday that FIFA and World Cup organisers had approved the federation’s request to relocate the team base after meetings in Istanbul and a subsequent online discussion with FIFA general secretary Mattias Grafström.

FIFA approves switch

FIFA formally confirmed the arrangement on Monday as it announced training base camps for all 48 participating nations. Iran will be hosted at Tijuana’s Centro Xoloitzcuintle facility near the Mexico-United States border.

Mexico president Claudia Sheinbaum also confirmed that her government had agreed to host the Iranian team. The change comes 17 days before the start of the World Cup, which will be co-hosted by the United States, Canada and Mexico.

 

 

Bournemouth secure approval for Vitality Stadium expansion project

AFC Bournemouth have received local council approval for plans to expand the capacity of the Vitality Stadium from 11,300 to more than 20,000 seats. The proposal was unanimously approved by the Eastern Area Planning Committee of Bournemouth, Christchurch and Poole Council.

The project will involve replacing the south stand and expanding the stadium’s three remaining stands by filling in the corners. The redevelopment will also include a fan zone, additional food and drink outlets and other upgraded facilities across the site.

Bournemouth owner and chair Bill Foley said in a statement: “The granting of planning permission is a major step forward in our vision for the future of this football club and the wider community.” He added that the project would help the club “continue to compete and grow at the highest level both on and off the pitch”.

Europa League qualification

Expansion plans were approved after Bournemouth qualified for the UEFA Europa League for the first time following a sixth-place finish in the Premier League. Foley acquired the Vitality Stadium in April through Black Knight Football Club’s newly formed holding company, Black Knight Stadium Limited.

Structadene had owned the stadium since purchasing it from Bournemouth in 2005 for £3.5 million and leasing it back to the club. The venue, previously known as Dean Court, has carried the Vitality Stadium name since 2015 under a sponsorship agreement with the insurance company.

 

 

Vitesse return to local ownership after share transfer approval

Vitesse have confirmed that the club are back in local ownership after Sterkhouders Vitesse Arnhem B.V. completed the acquisition of all shares in the Dutch side.

The licence committee of the Royal Dutch Football Association (KNVB) approved the share transfer, allowing the Arnhem-based investor group to finalise the takeover following a prolonged period of uncertainty around the club’s ownership structure.

The transfer marked the conclusion of a process in which the previous foreign shareholders sold their stakes in the club. The club thanked the former owners, stating that legal proceedings had been handled during their tenure and that a first-team squad had been assembled “in a short period of time” ahead of last season.

Local investors

Sterkhouders Vitesse Arnhem B.V., which consists of local investors from Arnhem, said it was “more than satisfied” with the completion of the share transfer and thanked the former foreign shareholders for their cooperation during the process.

Vitesse are currently competing in the second tier of Dutch football after several years of financial and ownership-related instability surrounding the club.

Tuesday briefing: AC Milan launch major overhaul after end of season disappointment

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Tuesday briefing: AC Milan launch major overhaul after end of season disappointment

Imago

IMAGO

26 May 2026 - 4:30 AM

AC Milan have announced a sweeping restructuring of the club’s sporting leadership following their failure to qualify for next season’s Champions League.

The Serie A club confirmed the departures of chief executive Giorgio Furlani, sporting director Igli Tare, technical director Geoffrey Moncada as well as head coach Massimiliano Allegri with immediate effect.

The decision follows Milan’s defeat to Cagliari Calcio in their final league match, a result which saw them drop out of the top-four and qualify for Europa League. In a statement, owner RedBird Capital said the season had fallen short of expectations despite the team spending much of the campaign near the top of the table.

"Unequivocal failure"

The club said the objective set before the season had been clear after the previous year’s disappointment of finishing eighth. “The final part of the season was well below the level shown until that point and last night’s disappointing defeat turned this season into an unequivocal failure,” the statement said.

Milan said further announcements regarding replacements and the club’s future structure would be made in the coming weeks as preparations begin for next season.
 

 

U.S. consortium reportedly offers €2 billion to buy Napoli

An American consortium is said to have made an offer worth around €2 billion to acquire SSC Napoli from the De Laurentiis family, according to The Athletic. The bid has been led by Matt Rizzetta's Underdog Global Partners (UGP), which has reportedly been in talks for around six months despite Napoli not being formally for sale.

The proposal includes plans to privatise and redevelop the Stadio Diego Maradona as part of a wider multi-sport project involving Napoli Basketball, in which UGP acquired a controlling stake last year.

However, talks have stalled over several issues raised by De Laurentiis, although discussions could resume.

If completed, the takeover would further increase North American influence in Italian football where nine Serie A clubs are already owned by North American investors. UGP also controls Serie C side Campobasso FC alongside Canadian Premier League club Supra du Québec.

Italian football under pressure

The reported bid follows a season marked by governance disputes, financial pressure and inconsistent sporting results across Italian football, issues recently examined by Off The Pitch.

Napoli have nevertheless remained among the top of the league in recent years. The club have finished in Serie A’s top three in four of the past five seasons and won two league titles during that period, including their first championship in 33 years in 2023.
 

 

Riquelme to challenge Perez in Real Madrid presidential election

Enrique Riquelme has confirmed he will stand against Florentino Perez in Real Madrid’s presidential election, ending a run of uncontested votes that stretches back to 2009, after the club’s electoral board unanimously approved his candidacy on Sunday.

Riquelme announced his plans after attending Madrid’s Valdebebas training ground on Saturday, where he said members would have the chance to choose between “two candidacies”.

“After 20 years, there will finally be a chance to vote,” Riquelme said. He added that his campaign was “not a candidacy against anyone” but one “in favour of Real Madrid” and said members should “be brave” when deciding their vote.

17 years with Perez

Perez called fresh elections on May 12 after Madrid completed a second successive season without a trophy. The 78-year-old has led the club since 2009 in his second spell as president and has stood unopposed in each of the last four electoral cycles.

Riquelme, 37, is chief executive of renewable energy company Cox Energy and had previously considered entering the 2021 election.
 

 

Saudi Arabian investor linked with potential Derby County takeover

Saudi boxing executive Turki Al-Sheikh is said to be interested in buying Derby County, according to The Times, in a potential takeover that would increase Saudi Arabia’s involvement in English football.

The report said the English Football League (EFL) and the Independent Football Regulator (IFR) are aware of Al-Sheikh’s interest in the Championship club, although neither organisation commented. Derby and representatives for Al-Sheikh also declined to comment.

Al-Sheikh, who heads Saudi Arabia’s General Entertainment Authority, would need to satisfy regulators that any funding for a deal was separate from the Public Investment Fund, which owns Newcastle United.

Former investments

Al-Sheikh has previously been linked with Bristol City and is a former owner of Egyptian side Pyramids FC and Spanish club UD Almeria.

Derby finished eighth in the Championship this season under owner David Clowes, who bought the club out of administration in 2022 in a £33 million deal.
 

 

Core Sports Capital returns Austria Lustenau stake amid MCO wind-down

Austria Lustenau have announced that Core Sports Capital (CSC), the multi-club ownership group owned by Ahmet Schaefer and also including Clermont Foot 63 and FC Biel-Bienne, will return its shares in the Austrian club following an agreement between both parties.

The Austrian side confirmed on their website that the partnership with Core Sports Capital would end after more than four years. The move comes just after Lustenau secured promotion to the Austrian Bundesliga. 

CSC acquired a 25 per cent stake in the club in 2019 and Austria Lustenau said the group had “actively contributed to the club’s sporting development” during its involvement, highlighting that the Austrian side had taken up to three players on loan from Clermont Foot each season.

Clermont Foot expected to follow

CSC are also expected to sell their majority stake in Ligue 2 side Clermont Foot, with La Montagne reporting that two publicly known takeover approaches for the French club have emerged in recent weeks.

These include bids led by former Olympique de Marseille executive Stéphane Tessier and former Union Bordeaux-Bègles deputy chief executive Jacques D’Arrigo.

Friday briefing: Southampton intern says senior staff pressured him into spying missions

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Friday briefing: Southampton intern says senior staff pressured him into spying missions

Imago

IMAGO

22 May 2026 - 4:30 AM

A Southampton FC intern told an independent commission that he felt pressured by senior club figures to attend opposition training sessions as part of a spying operation that led to the club’s exclusion from the Championship play-off final.

Written reasons published by the commission said the intern described “the pressure he was placed under” after being instructed to observe Middlesbrough FC and Oxford United training sessions. The panel said Southampton’s actions formed part of a “contrived and determined plan” directed by senior personnel to gain a competitive advantage.

The commission said the use of a junior staff member in the operation was “particularly deplorable” and noted that staff involved were in “a vulnerable position without job security and with limited ability to object”. Southampton head coach Tonda Eckert admitted authorising the Middlesbrough and Oxford missions, according to the ruling.

Sanctions and FA investigation

EFL sanctions included Southampton’s removal from Saturday’s Championship play-off final against Hull City and a four-point deduction for next season. The commission also said the club had initially provided inaccurate information to the EFL, falsely claiming no video footage had been captured or analysed.

Southampton failed in an appeal against their exclusion from the Wembley match, with Middlesbrough taking their place. The FA are now expected to consider charges against individuals involved in commissioning or carrying out the spying activities.
 

 

FIFA Weigh 64-Team Expansion for 2030 World Cup

FIFA is considering increasing the number of teams at the 2030 World Cup from 48 to 64, according to AS, despite the expanded 48-team format not yet having debuted at a men’s tournament. The 2030 edition will be hosted primarily by Spain, Portugal and Morocco, with opening matches also scheduled in Argentina, Uruguay and Paraguay.

The proposal was first raised months ago following discussions within CONMEBOL over widening access to the tournament for nations that rarely qualify for the World Cup. Several federations have revived support for the idea ahead of the 2026 tournament in the United States, Canada and Mexico.

FIFA president Gianni Infantino has previously promoted the World Cup as a global event aimed at increasing participation across different regions. Officials inside FIFA are said to now view a larger tournament as consistent with that objective.

Biennial Club World Cup plans dropped

The report added that proposals to stage the Club World Cup every two years now appear to have been set aside, with FIFA continuing to work towards the next edition of the competition in 2029.

FIFA is not expected to make formal decisions on the 2030 structure until after the 2026 World Cup final.
 

 

Everton and Crystal Palace secure new shirt sponsors before gambling ban

Everton FC are expected to finalise a deal with CMC Markets to become the club’s new front-of-shirt sponsor from next season, replacing gambling firm Stake ahead of new Premier League regulations.

The Athletic reported that the London-based financial services company has emerged as the leading candidate after months of discussions, with Stake’s agreement due to expire at the end of June. Reports cited by the outlet suggested the proposed agreement could be worth about £30 million over three years, broadly matching the value of Everton’s current partnership.

Premier League clubs agreed to remove gambling branding from the front of shirts from the 2026/27 season following consultations linked to the UK government’s review of gambling legislation.

Palace replace NET88

Crystal Palace have also confirmed a new front-of-shirt agreement, announcing Temporal as the club’s new partner in a multi-year deal beginning from the 2026/27 campaign. The arrangement replaces betting operator NET88 on the front of Palace shirts.

Everton and Palace are among 11 Premier League clubs now preparing to move away from gambling-related front-of-shirt sponsorships before the new rules come into force next season.
 

 

Real Madrid target Bernabéu concert return in 2027

Real Madrid are preparing to resume concerts at the Santiago Bernabéu from January 2027, according to Spanish media, more than two years after suspending live music events at the stadium. The club halted concerts in September 2024 following repeated breaches of permitted noise levels.

The club plans to restart concerts gradually under a more controlled operating model, limiting both the type of events hosted and the technical production conditions. Real Madrid are expected to make the stadium available for between 10 and 14 concerts per year as part of the relaunch strategy.

Club president Florentino Pérez recently said concerts would return “very soon”, while Madrid regional president Isabel Díaz Ayuso has announced plans to amend regional legislation to provide greater legal certainty for promoters.

Cleared of responsibility

Last week, Real Madrid said the Provincial Court of Madrid had cleared both the club and Real Madrid Estadio SL of criminal responsibility linked to concerts held at the Bernabéu between April and September 2024.

According to the club, the court ruled that responsibility for complying with local noise regulations rests with concert promoters rather than the venue owner.
 

 

Japanese investors build momentum in Europe as Danish club talks advance

Japanese investors are increasing their presence in European football, with recent takeovers and investments in Belgium and the Netherlands now followed by progressing talks over a deal for Danish club Randers FC.

Randers confirmed at the beginning of April that they were in negotiations with investors regarding a possible sale of the club. Those talks are understood to involve Japanese investors and appear to be moving close to a transaction.

The Danish case follows a series of Japanese-backed deals in 2025, underlining how investors from the country are increasingly targeting European clubs.

Belgium and the Netherlands

Belgian top-flight club Sint-Truidense VV (STVV) have been under Japanese ownership since 2017, when internet company DMM.com acquired the club. In 2025, Japannet Holdings further strengthened the Japanese presence at STVV by acquiring a 19.9 per cent stake.

Elsewhere in Belgium, second-tier club K Beerschot VA were taken over by Japanese private holding company KINPOUDOU Holding in September 2025, while Dutch club Almere City were acquired by Japanese industrial machinery and engine manufacturer Yanmar in November 2025.

Randers could now become the latest example of Japanese capital moving into European club ownership.

Thursday briefing: Doubt arises over Ramos-led €444 million Sevilla takeover amid funding concerns

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Thursday briefing: Doubt arises over Ramos-led €444 million Sevilla takeover amid funding concerns

Imago

IMAGO

21 May 2026 - 4:30 AM

The proposed takeover of Sevilla FC by the consortium fronted by Sergio Ramos and Five Eleven Capital is in serious doubt after concerns over funding emerged between sellers, according to a source close to the matter who expects the deal to collapse.

Last week, multiple media outlets reported that a €444 million deal had been agreed in principle ahead of the exclusivity period ending on 31 May, after a letter of intent was signed in January, with the bidder said to have provided proof of funding.

However, evidence that the consortium actually has the funds available has yet to be delivered, which is highly unusual for a deal of this profile at such an advanced stage. The source added that he would be “surprised” if the takeover were to proceed.

The proof of funding is said to have consisted only of a document stating the consortium’s intention to buy the Spanish club and declaring that the group has the necessary funds, without evidence of money held in escrow or bank statements showing the funds are available.

Former investments

Five Eleven Capital has previously been involved in football investment, albeit at a different level, having been announced as a minority investor in Hungarian club Debreceni VSC in April 2025 before selling its 10 per cent stake in December after Stott Capital, owner of Stockport County, completed a majority takeover.

The group has also been linked by Brazilian media with negotiations over an investment in Brazilian club CA Juventud for more than a year.

Off The Pitch has reached out to Five Eleven for comment.
 

 

UEFA approves new qualifying format aimed at reducing one-sided matches

UEFA has approved a new format for European Qualifiers from 2028 that will reduce the number of matches between leading national teams and lower-ranked countries.

Under the new system, the top 36 UEFA nations will compete in a higher-tier qualifying structure called League 1, while the remaining teams will play in League 2. Teams in League 1 will play six matches against six different opponents rather than the current home-and-away format.

The system is similar to UEFA’s club competitions, with teams facing opponents from different seeding pots.

Reducing number of "dead matches"

UEFA president Aleksander Čeferin said the new format would “improve competitive balance, reduce the number of dead matches, offer a more appealing and dynamic competition to fans” without adding more dates to the international calendar.

The revised system is expected to be used for qualification for the 2030 FIFA World Cup. UEFA said lower-ranked nations in League 2 would still have access to qualification through a play-off route, while the final details of the format will be confirmed at an Executive Committee meeting in September.

 

Southampton appeal against Championship play-off expulsion rejected

Southampton’s appeal against their expulsion from the Championship play-offs has been dismissed, confirming Middlesbrough’s reinstatement in the final against Hull City on Saturday.

An independent disciplinary commission had removed Southampton from the play-offs on Tuesday after the club admitted spying on three rival teams’ training sessions, including Middlesbrough before the first leg of the semi-final. Middlesbrough had originally lost the tie 2-1 on aggregate.
Southampton challenged the decision, arguing the punishment was disproportionate compared with previous sanctions in English football.

However, the EFL said on Wednesday evening that an arbitration panel had upheld both the expulsion and a four-point deduction to be applied during the 2026-27 Championship season.

"Humility, accountability and determination"

The EFL said the ruling also confirmed a formal reprimand relating to all charges brought against the club. The league added that the decision was final and could not be appealed further to the Court of Arbitration for Sport.

In a statement, Southampton described the outcome as “an extremely disappointing outcome” and said the club believed the sporting sanction imposed was excessive. The club added that it would respond “with humility, accountability and determination to put things right”.
 

 

Arsenal set for Premier League revenue record after title-winning season

Arsenal FC are expected to post the highest annual revenue in Premier League history during the 2025/26 season following their domestic title win and run to the Champions League final, according to The Times.

The London club are forecast to generate at least £760 million in revenue, with the figure potentially rising to £770 million if they beat Paris Saint-Germain in the Champions League final on May 30. Arsenal would in any case surpass the previous Premier League record of £715 million set by Manchester City in 2023/24.

Reaching £760 million would represent a revenue increase of 63 per cent since 2022/23, equivalent to growth of roughly £300 million over the period.

Commercial and prize money boost

The increase is expected to come from higher Premier League distributions, Champions League prize money and commercial bonuses linked to success on the pitch. Arsenal are also expected to benefit from increased overseas television rights payments introduced for the 2025/26 campaign.

Despite the projected revenue growth, Arsenal could still report a financial loss because of increased spending on transfers and wages following investment in the playing squad.
 

 

UEFA vows strict approach on women’s multi-club ownership rules

UEFA’s head of women’s football Nadine Kessler has said the governing body will strictly enforce rules preventing clubs under common ownership from competing in the same European competition, according to The Guardian.

Speaking before Saturday’s Women’s Champions League final in Oslo, which features Olympique Lyonnais Féminin, part of Michele Kang’s multi-club ownership group, Kessler said UEFA would take the same approach in the women’s game as in men’s competitions despite the growing number of investors controlling multiple clubs.

Kessler said: “When it comes to playing in one football competition, there will be no different approach and no exceptions when it comes to the women’s game.”

Ensure integrity

Under Article 5 of UEFA’s Women’s Champions League regulations, individuals or groups cannot hold influence over the management or sporting performance of more than one participating club. Kessler said UEFA’s role was to ensure competitions remain “100% fair and there is not even a perceived breach of integrity”.

Multi-club ownership structures have become more common in women’s football, with multiple MCOs emerging this season, including Crux Football's ownership of both FC Rosengård and Montpellier HSC Féminines, and Mercury13’s control of Como Women, FC Badalona Women and Bristol City Women.

Wednesday briefing: Southampton expelled from Championship play-offs over spying breaches

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Wednesday briefing: Southampton expelled from Championship play-offs over spying breaches

IMAGO

IMAGO

20 May 2026 - 4:30 AM

Southampton have been removed from the Championship play-offs final after admitting breaches of English Football League (EFL) regulations linked to the unauthorised filming of opposition training sessions, the league said on Tuesday.

Southampton will also begin the 2026/27 Championship season with a four-point deduction following the investigation. Middlesbrough, who lost to Southampton in the semi-finals, have been reinstated and will face Hull City in the play-off final at Wembley on Saturday.

EFL said Southampton had admitted to “multiple breaches of EFL regulations related to the unauthorised filming of other clubs’ training”. The other clubs concern Oxford United in December 2025 and Ipswich Town in April 2026.

The league also issued the club with a reprimand in relation to the charges.

Spying allegations

The case relates to an incident before the first leg of Southampton’s semi-final against Middlesbrough on 9 May.

Middlesbrough staff reported concerns after a Southampton analyst was allegedly seen filming a training session at the club’s Rockliffe Park base two days before the match.

 

 

PIF explores Newcastle investment talks linked to stadium project

Saudi Arabia’s Public Investment Fund (PIF) is in talks with potential investors over taking a minority stake in Newcastle United as part of plans to finance the club’s stadium project, according to a report from Reuters.

Newcastle are considering either expanding St James’ Park or building a new stadium, with chief executive David Hopkinson telling Reuters that a refurbishment would cost hundreds of millions of pounds. He added that a new stadium could exceed £1 billion.

PIF led Newcastle’s £305 million takeover from Mike Ashley in 2021.

Stadium site acquisition

Newcastle have completed the purchase of most of the Grade I-listed Leazes Terrace buildings adjacent to St James’ Park, according to a club announcement. The acquisition concerns the Georgian crescent opposite the East Stand, which has long restricted expansion of the current stadium footprint.

The purchase has fuelled speculation that Newcastle could prioritise redeveloping St James’ Park rather than constructing a new stadium nearby. However, club sources told The Athletic both options remain under consideration and that no final decision has been made.

 

 

Benfica consider bylaw to block Tim Leiweke stake purchase

Benfica are considering using a club bylaw to prevent US investor Tim Leiweke from acquiring a stake in the club because of his interests in other European teams, according to Bloomberg.

Representatives of Benfica have told members of Leiweke’s team that Article 13 of the club statutes allows the club to block acquisitions above 2 per cent by investors deemed to have competing interests. Benfica used the same rule in 2021 to stop US investor John Textor from buying a 25 per cent stake.

Leiweke had planned to acquire the 16.4 per cent holding owned by José António dos Santos, the largest private shareholder in Benfica SAD. The deal would have been carried out through Entrepreneur Equity Partners, the investment fund founded by Leiweke, which focuses on minority stakes in European football clubs.

Concerns over multi-club links

Recent developments involving Leiweke appear to have increased concerns within Benfica’s leadership. He recently invested in Italian side Venezia and became co-chair of the club’s operations committee, while his daughter Francesca Bodie was appointed club president.

Benfica officials are concerned that the US fund’s multi-club strategy could affect the club’s autonomy and independence.
 

Tuesday briefing: CONMEBOL president linked to recovered FIFA scandal funds

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Tuesday briefing: CONMEBOL president linked to recovered FIFA scandal funds

IMAGO

IMAGO

19 May 2026 - 4:30 AM

Alejandro Domínguez, president of South American football body CONMEBOL, is facing an internal ethics complaint alleging that he received millions of dollars from funds recovered after the 2015 FIFA corruption investigation, according to The New York Times.

The complaint, filed by a whistleblower said to have direct knowledge of the matter, alleges that Domínguez and another senior CONMEBOL official received more than $5 million linked to money returned to the federation following corruption cases involving former football executives.

Three people familiar with the complaint told The New York Times that senior FIFA officials had known about the allegations for more than a year before the matter reached FIFA’s ethics committee.

World Cup scrutiny grows

The allegations emerge weeks before the men’s World Cup begins, placing renewed attention on governance within international football and on Domínguez, who also serves as one of FIFA’s vice presidents.

Domínguez became CONMEBOL president in 2016 after his predecessor was indicted following a United States Department of Justice investigation that uncovered more than $150 million in bribes and kickbacks tied to football marketing and media rights across South and North America.

 

 

Southampton face further spying allegations from Championship clubs

Southampton are alleged to have spied on other Championship clubs during the season, according to evidence submitted to the English Football League (EFL) ahead of next week’s play-off disciplinary hearing.

The club have pleaded guilty to spying on a Middlesbrough training session before last week’s Championship play-off semi-final, with Middlesbrough now seeking Southampton’s removal from the final against Hull City at Wembley on May 23.

Telegraph Sport reported the EFL has received written evidence alleging Southampton also observed at least one other rival team’s training sessions this season.

Widen pressure on Southampton

The EFL is expected to hold a hearing on Tuesday and is considering whether the Championship play-off final should be postponed while the case is reviewed. Middlesbrough are understood to be dissatisfied they will not attend the hearing directly.

Other Championship clubs are also believed to have privately questioned Southampton’s knowledge of opposition tactics and set-piece routines during matches this season. If an independent panel concludes the club repeatedly spied on rivals, Southampton could face expulsion from the play-off final.

 

 

FIFA media rights executives visit India amid World Cup broadcast deadlock

FIFA media rights executives are visiting India this week as negotiations over broadcasting rights for next month’s Club World Cup remain unresolved, according to a report from Reuters. No Indian broadcaster has yet secured the rights less than three weeks before the tournament begins on June 11.

FIFA said in a statement to Reuters that it had concluded media rights agreements in more than 180 territories, while discussions in India were continuing and “must remain confidential at this stage”.

Talks between FIFA and the Reliance-Disney joint venture, India’s biggest media company, have failed to produce an agreement. Sony has also not submitted a bid. India risks missing live television coverage of the tournament if no deal is reached before the competition starts.

Pricing gap remains obstacle

Reliance-Disney offered around $20 million for the rights, while FIFA initially sought $100 million and was later seeking at least $60 million. It remains unclear whether FIFA executives are meeting representatives from the venture during the visit.

The delay leaves limited time for broadcasters to establish distribution arrangements and sell advertising inventory before the opening match. Football has an estimated 85 million fans in India.

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