Finance

The English government has given in on tax issues to give Wembley a shot at hosting the 2011 Champions League final. Under current law, players and clubs are liable to pay tax on earnings from bonuses and ...

More British clubs in competition will mean more for the ticket touts. An estimated GBP 10 million will be made in extra ticket sales, with Scottish Rangers in the UEFA Cup final against Russia Zenit St. Petersburg, ...

Tom Hicks has reportedly been looking into hedge funs as a way to complete his takeover of English Liverpool. The shiver sent up the spines of Liverpool supporters is likely due to the fact that Malcolm Glazer ...

Red Football Joint Venture Ltd, the holding company which owns English Manchester United, absorbed a pre-tax GBP 62.5 million loss, with much of that coming due to a GBP 34.9 million goodwill write-off following the Glazer family takeover in May ...

A close race for promotion to the English Premier League means many clubs can see an influx in money in their futures. Eight clubs enter the final week with promotion hopes, all angling toward what will be ...

English Manchester United remain the most valuable club for the fourth consecutive year, according to Forbes magazine. The club, which was bought by American Malcolm Glazer for USD 1.5 billion in 2005, is now valued by Forbes ...

The new Wembley stadium will have a GBP 22 million loss for its first year operation. The Wembley board is expected to announce its financial status in the upcoming week, with much of the loss being attributed ...

English Swansea City absorbed a GBP 647,313 loss for the past fiscal year. The club did have a profit margin of GBP 447,793 just a year ago. Things look brighter, however, with a Championship ...

With the costs mounting for Wembley Stadium, the English FA has reached refinancing agreements with a group of banks. FA chairman Lord Triesman will approve refinancing GBP 433 million in loans, which were taken out in 2002 ...

A tax bill has left Nwankwo Kanu without a few forms of transportation. The Nigerian striker, who plays professionally for English Portsmouth, had three of his cars seized because of an overdue tax bill. He has until ...