UEFA president Aleksander Ceferin warned that many European clubs are 'compromising their economic sustainability' due to ever-increasing player wages which have risen on average by 16 per cent compared to pre-pandemic levels.Europe's soccer governing body released its Benchmarking report, a review of the
UEFA president Aleksander Ceferin warned that many European clubs are"compromising their economic sustainability" due to ever-increasing player wages which have risen on average by 16 per cent compared to pre-pandemic levels.
However, there was concern over operating costs going up by 11 per cent while finance costs have increased 18 per cent, with player wages being the main culprit. UEFA also said the January transfer window was dominated by English clubs who accounted for about 31 per cent of global transfer activity and a whopping 53 per cent of global transfer spending.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A future European Super League could have 80 clubs -A22 CEOBERLIN : A future European Super League could include as many as 80 teams, Bernd Reichart, the chief executive of A22 Sports Management, a company formed to sponsor and assist in the creation of a breakaway soccer league, said on Thursday.In a statement outlining the preliminary results of talks that A22
Read more »
Super League only way out for European football says A22 CEOMADRID : The European Super League project has adapted to criticism from two years ago when it was first launched but still remains the only solution to European football's growing problems, the CEO of A22 Sports Management, a company formed to sponsor and assist in the creation of a breakaway soccer league, sai
Read more »
EU agrees tougher rules for irregular migrantsBRUSSELS: European Union (EU) leaders have agreed on tougher rules aimed at making it easier to expel asylum-seekers whose refugee applications are denied, European Commission chief
Read more »
Syria requests EU support for the first time after earthquakeBRUSSELS – Syria has, for the first time, asked for assistance from the European Union, two days after a devastating earthquake killed more than 11,000 people there and in neighbouring Turkey, the European Commission said on Wednesday (Feb 8). The EU said it would provide additional emergency support to both countries and emergency humanitarian assistance worth 6.5 million euros (S$9.2...
Read more »
Macron warns impossible to send Ukraine jets in coming weeksBRUSSELS: French President Emmanuel Macron warned Friday (Feb 10) that even if Ukraine's European allies decide to send Kyiv fighter jets they could not be sent in 'the coming weeks'. 'I'm not ruling anything out ... but that doesn't correspond to today's requirements,' Macron said after a European Union (
Read more »
Invited by Russia, Roger Waters tells UN: Ukraine invasion illegalSome question Waters' qualifications to speak on arms control or European security issues. Read more at straitstimes.com.
Read more »