jose - soccer

Chelsea manager Guus Hiddink was delighted with his team's 1-0 victory over Manchester City at Stamford Bridge today, and believes it offers ample proof that the Premier League title race is far from over, especially after Liverpool's Old Trafford mauling of Manchester United on Saturday. The gap between United and Liverpool and Chelsea is now only four points, though the Red Devils do have a game in hand on their immediate rivals. "If it was just four points, it would be very close,” Hiddink told The Times. "They have that game in hand, but it’s clear that after [Saturday’s] unexpected result that the tension has come back in the league, which is good. It’s a boost. "But if we want to track them, we have to keep on winning. That’ll give tension to the end of the league season, which is good for everyone, unless you are [the one being] chased. “It gives a blow [to United]. It depends on their calmness. When you are chased, when you are in the driver’s seat and someone else is coming, and tries to occupy your back seat, then you can get a little bit nervous. The door is a little bit open."

Hiddink also showed his canny side, when he refused to be drawn in to any of the 'wars of words' and so-called 'mind games', so beloved by Alex Ferguson and, to a much lesser degree, Rafa Benitez. He concluded, "I have my head in Chelsea so I don’t want to talk too much about what happened and what went wrong with Manchester United. "That’s a question for Sir Alex. It’s not a battle between the managers, it’s a battle between the players. "They might change their minds about me when I put them on the bench or not even in the squad," Hiddink said. "But there is a good atmosphere of work here and we are very demanding of each other. If they are happy with the way we are working and it's going well with results it's all okay. "I have been very happy not just with the regular starters but with all the other players, who I've been watching and observing. Everyone is committed. "But I made it very clear a few weeks ago - and again recently - what the future will be after 30 May. I don't have to do that again."

Hiddink's side take on Manchester City in the league on Sunday, a match dubbed as the 'Clash of the Cash' due to Roman Abramovich's ownership of Chelsea and the wealthy Abu Dhabi United Group's acquisition of City last September, but while the former's riches have helped establish Chelsea as a dominant force in Europe, Hiddink believes it requires more than money for City to take on the elite four of Arsenal, Chelsea, Liverpool and United. "It can happen, nothing is impossible in this country, especially when you have power. But there are also the clubs with history, who have played as champions and fought for championships," Hiddink said. "They have the advantage of their history and the experience of being on top of everyone, if not every year then for a lot of them. This experience is very valuable for the big clubs. It's not easy to come between those teams if they are well managed. "If they continue as they have for the last few years it will be difficult to come in, but it's always good to have more competition for the title." "It's not always a matter of money to make a team. You have to be very careful about positions and the balance of your squad. It is not simply because of money that you have success as a team."

(source: goal, guardian.co.uk)

This week sees the second legs of the Champions League 1st Knock-out stage and the prize at stake is a place in the quarter-finals. It is doubtful that anyone will make much money betting that all four Premier League teams be in that last-eight draw. All four are in strong positions and have recent history on their side - a Premier league team has not been knocked out of the Champions League by a European team for nearly two years, since Milan beat Liverpool in the 2007 final! Last season the only teams that were able to eliminate Premier League teams, were other Premier League teams! Liverpool beat Arsenal in the quarter-finals, Chelsea then beat Liverpool in the semi-finals (at the third time of asking) and Manchester United then beat Chelsea on penalties following John Terry’s infamous slip.

Barca and Milan are the two teams that have been consistently able to beat English teams in the last few years, although they have also been on the losing end too. Milan beat Manchester United in the 1st knock-out round in 2005 and in the semi-finals in 2007, when they beat Liverpool in the final. However they have lost to both Liverpool (famously in 2005’s final) and Arsenal last season in the 1st knock-out round. Barca have beaten Chelsea in 2006’s 1st knock-out round and then Arsenal in that year’s final, but they have lost to Chelsea (2005), Liverpool (2007) and Manchester United (2008). Other teams to have knocked out Premier League clubs since 2004-5 are Bayern Munich (Arsenal, 2005), Benfica (Liverpool, 2006) and PSV (Arsenal, 2007). Chelsea deserve a special mention - since 2005 they have only been knocked-out by English teams (three times) and Barcelona.

Other statistics since 2005 - the four premier league clubs have 10 semi-final appearances between them, they have each appeared in at least one final, each final has featured at least one English team. There is a clear trend in this data - Premier League clubs are becoming more difficult to beat in Europe every year and this has prompted FIFA chief Sepp Blatter to voice his concern; “I have my concerns because the Premier League is the strongest in the world, definitely. It is taking over in such a manner that the other leagues have difficulties to match it.” He also noted that the Premier League itself was also dominated by the same teams that dominate the Champions League; “In a competition where two-thirds or three-quarters of the participants in the league play not to be first, but not to be relegated, there is something wrong.”

For once the Swiss is talking a bit of sense, but is in no position to be able to rectify the problem. Blatter has identified the foreign influence in English football as the root of the problem and said he would attempt to convince Premier League chief executive Richard Scudamore to impose a minimum requirement for home-grown talent on the pitch in an attempt to prevent the pillaging of young talent from abroad and warned that domestic owners might provide better stewardship through the economic downturn. “I want to try to, if not persuade him (Richard Scudamore), then at least influence him in his thoughts that to have a minimum of local players will enhance the quality of his league. Foreign ownership is definitely a risk, it is not the basis of football, but here we can do nothing. At the moment in the economic crisis, maybe the big investors and the big companies, will have less money to go in than local or regional investors who will be there because they identify themselves with the club.”

The debate over foreign ownership has been ongoing for sometime in the Premier League and, with the exception of Randy Lerner’s tenure at Aston Villa, none of the foreign owners have exactly covered themselves in glory; the crass spending of Chelsea and Manchester City, the lack of spending and boardroom soap opera at Liverpool, the financial and managerial shenanigans at Portsmouth and West Ham and the quite terrifying level of debt incurred at Manchester United.

Blatter though has missed the point when he focuses on foreign owners and players. They are simply a symptom of the problem, which is, of course, money. Without the huge sums distributed to the English clubs initially through the sale of television rights, the clubs and the league itself would not be so high profile and attractive to foreign owners and players. The skillful marketing of the Premier League combined with the nature of the English game and the expectations of the fans have created a ravenous monster that seems unstoppable. FIFA and UEFA have been marketing football for years, monetizing their competitions (World Cup, European Championship and Champions League) via television rights, exclusive sponsorships and merchandising, now the Premier League have taken up that baton and ran with it so successfully suddenly things are looking a bit different. What are the chances of another all-English final, or even two all-English semi-finals?

(source: english-premier-league.org)

Manchester United’s dominance of English football, on and off the pitch, is underlined today with the release of a financial survey that shows a £45m leap in United’s year-on-year income. Thanks in large part to last season’s Premier League and Champions League double, United’s turnover grew by 21 per cent in the 2007-08 season to £257.1m. This makes United by far the highest-earning club in Britain, ahead of Chelsea (in second place, with income of £212.9m in the same period), Arsenal (£209.3m) and Liverpool (£167m).

The figures are revealed in the latest Football Money League report by Deloitte, in a survey that shows Real Madrid remain the world’s richest club in terms of revenue, ahead of United in second, then Barcelona, Bayern Munich and Chelsea. Only a drastic slump in the value of sterling has prevented United from reclaiming the title of “world’s richest club” from Real. Real Madrid’s income for 2007-08 rose a relatively modest four per cent to 365.8m euros, or £289.6m when converted at the June 2008 exchange rate of £1 = 1.2632 euros. United’s income at the same rate equated to 324.8m euros. But sterling has crashed significantly, and if Deloitte had used the same exchange rate as in their previous report (£1 = 1.4856 euros, from June 2007), United’s latest income would have been 381.9m euros against Real’s 365.8m euros.

One of the most intriguing aspects of today’s report is that Deloitte, rather than the clubs themselves, has become the vehicle of choice for headline income figures to be released. United will provide more details of their results in due course, including data on large profits, but Chelsea are expected to remain conspicuously quiet this week about their own results. A press conference and briefing, scheduled for Friday, has been indefinitely shelved, and it is understood that this is partly because of the sacking of Luiz Felipe Scolari. His pay-off, of around £7.5m, would not have been in the 2007-08 accounts but would have prompted embarrassing questions about Chelsea’s huge and ongoing losses.

An annual loss of £74.8m in 2006-07 on turnover of £190.5m meant the club had posted cumulative losses of £384m in four years. Haemorrhaging of money at such levels has always heaped ridicule on the long-standing claims of Chelsea’s chief executive, Peter Kenyon, that the club can break even by 2010. Yet further losses in the tens of millions are expected in the 2007-08 figures. And combined with the latest change in manager and wobble in form (and the financial ramifications of both) any suggestions of financial self-sufficiency soon are hollow jokes, as, increasingly, are Kenyon and Roman Abramovich themselves.

As the Deloitte report points out, Chelsea’s annual income growth of 12 per cent (£22.4m) in 2007-08 was driven mainly by increased TV cash, “but the club needs new successes with its match day and commercial revenues to deliver future growth and keep pace with its biggest European rivals.”

1 (1) Real Madrid £289.6m
Real Madrid's 4 per cent revenue growth is more modest than recent years, but the club have doubled their revenues since 2002

2 (2) Manchester United £257.1m
Manchester United's success in winning the Premier League and Champions League has contributed to significantly-increased revenue in 2007/08, but the depreciation of the pound against the euro means they remain in second position.

3 (3) FC Barcelona £244.4m
Barcelona's revenue increased by only 6 per cent.

4 (7) Bayern Munich £233.8m

5 (4) Chelsea £212.9m
Chelsea enjoyed a rise of 11.5 per cent.

6 (5) Arsenal £209.3m
Arsenal enjoyed a rise 18 per cent

7 (8) Liverpool £167.0m
Liverpool have gone up a place to seventh with a 25 per cent rise in turnover.

8 (6) AC Milan £165.8m

9 (11) AS Roma £138.9m

10 (9) Internazionale £136.9m

(source: independent.co.uk)

Chelsea assistant manager Ray Wilkins admits his side’s title hopes are receding after the Blues were held to a surprise 0-0 draw at home to Hull. The west Londoners were jeered off after an insipid performance against the Humbersiders on Saturday, who contained their illustrious hosts with ease and produced several clear-cut chances of their own. Chelsea could fall 11 points behind the leaders Manchester United if the reigning champions win their two games in hand and manager Luiz Felipe Scolari may even start casting anxious glances over his shoulder towards fifth-placed Arsenal unless he can arrest his side’s current slump in form.

This dismal display against a side who have not tasted victory in the English Premier League since December added to the gloom created by last weekend’s tame defeat at Liverpool, and sections of the Stamford Bridge support turned on the Brazilian World Cup winner as his side laboured in the second half.

Scolari’s decision to replace debutant Ricardo Quaresma just after the hour provoked chants of ‘You don’t know what you’re doing’ from the Matthew Harding Stand and the 61-year-old gave anther hint that he is struggling to cope with the pressure of fulfilling Chelsea’s grand ambitions by refusing to attend the post-match press conference. Instead, it was Wilkins who was left to explain this latest sorry display and the former England mdfielder did not attempt to disguise the size of the task that faces Chelsea in the final three months of the season.

‘At the moment, it will be very difficult to catch Manchester United, with the way they’re playing,’ he said. ‘We will try to catch them but they have games in hand on us and they’re quite a few points in front of us as well, so it will be hard. ‘There is pressure, of course, but there always is pressure when you’re at a club as big as Chelsea. Second is never good enough for Chelsea because over the last few seasons, we’ve been a power in the Premier League. We strive to be number one and we would never say that second is good enough. ‘That’s why we’re not giving up on the title - you can’t when you have the kind of talent in our squad. We’ll keep going until it’s mathematically impossible to catch United.’

Wilkins also issued a withering assessment of the supporters who turned on Scolari after their side proved unable to pierce Hull’s exceptional defence. ‘It’s never pleasant to hear that kind of thing,’ he added. ‘It’s pretty evident that Luiz does know what he’s doing: he’s been in the game a hell of a long time and won an awful lot of trophies. ‘It’s unnecessary and it shouldn’t be heard around our stadia. It’s their prerogative to boo if they want to because they pay their money. But to say that someone doesn’t know what they’re doing, when they’ve achieved so much in the game, is a tad out of order.’

The criticism heaped on Scolari might have been yet more venomous had Craig Fagan taken one of two good second-half chances or Dean Marney’s low shot across goal sneaked inside the post rather than just out. Chelsea produced precious little in response, although Wilkins was justified in claiming that the afternoon might have boasted a very different narrative had John Terry not spooned haplessly over the crossbar in just the second minute. That weakness means that most teams visiting the Londoners now do so in the belief they can score.

Phil Brown, the Hull manager, was understandably proud of his players’ efforts, which - if replicated during the remainder of the season - should see them escape relegation with something to spare. ‘If we keep showing that mentality then we will be okay,’ he said. ‘The work rate was phenomenal and, as manager of this side, I’m very proud to have come here and got a point. ‘We didn’t put men behind the ball or park the bus in front of the goal, we played a bit.’

And for Hull City - heading south on the back of a miserable run that has brought just one win in 15 league matches - belief is something that has been in short supply of late. So good was their start to the campaign that they dropped out of the top half of the table for only the first time this season last weekend after a home draw with basement club West Bromwich Albion. Manager Phil Brown hasn’t had much more luck in the transfer market after narrowly missing out on AS Roma’s Christian Panucci and seeing new five million pounds signing Jimmy Bullard quickly crocked by a knee injury. Striker Daniel Cousin has also been ruled out for ten days after undergoing surgery and the only upbeat note for Brown has been struck by the support of his chairman Paul Duffen in the face of unexpected criticism from some of the club’s supporters. Even that, though, confounded the manager who said: "I like to fight my own fights, put it that way."

(source: khaleejtimes.com, thetimes)

The soccer team will find it hard to get an equally lucrative sponsorship deal from 2010.It looks like the American government is not interested in bankrolling top soccer brand Manchester United anymore. After taking control of struggling insurance company American International Group last year--as the financial crisis threatened to engulf some of the world's biggest companies--Uncle Sam does not want to renew the insurer's $78.0 million sponsorship deal with the British team.

This will be a problem for Manchester United, which relies on sponsorship for around one-third of its revenues. If it can't get a new sponsor to pay out a similar or higher amount in 2010, when the contract with AIG (nyse: AIG - news - people ) runs out, club owner Malcolm Glazer will find it even harder to repay the debts he saddled the team with when he bought it in 2005.

"They have to find a deal of equal standing, that is the critical issue," said Sean Hamil, an academic at the University of London's Birkbeck Sports Business Center. He told Forbes that this was unlikely to happen, given the troubles facing the corporate world, and that this would have an effect on Manchester United's ability to keep paying for star players.

As for who could replace AIG, speculation is rife it could be insurer Prudential (nyse: PUK - news - people ) or Indian conglomerate Sahara India. Either way, there are already signs that Glazer is tightening his belt, according to Duncan Drasdo, of the Manchester United Supporters' Trust. He told Forbes that Glazer was rumored to be putting his American football team, the Tampa Bay Buccaneers, team up for sale. He also said that Manchester United was taking ticket money from members' bank accounts earlier than planned.

AIG is not the only example of how the economic crisis is seeping into the sports world. German automaker Bayerische Motoren Werke (other-otc: BAMXF - news - people ) lost Swiss bank Credit Suisse (nyse: CS - news - people ) as its Formula One sponsor on Tuesday, while Japan's Honda quit the auto sport in December.

Even in soccer, two high-profile Premier League sponsors are banks: Barclays (nyse: BCS - news - people ) and Northern Rock. A spokesman for Barclays told Forbes the bank had not yet begun talks on renewing its Premier League sponsorship contract, and that it would not comment on the financial details. A Northern Rock representative was unavailable for comment.

Manchester United was ranked the most valuable soccer team in the world by Forbes last year, with a team value of $1.8 billion.

(source: forbes.com)

All of Italy is reporting it now. At first it was just a crazy rumor. Nobody believed that Kaka would leave Milan for Manchester City. But now it’s slowly becoming official. According to Italian press reports (including Milan Channel, Milan’s official TV station), Milan have accepted Manchester City’s 120 million euro offer for Kaka. Kaka’s father has flown to Manchester to negotiate terms and once that is complete Kaka will be a Manchester City player. Yes, you’re reading right, Kaka will become a Manchester City player. Nobody expected this, but this truly shows the power of money in modern day football. This is similar to Juventus’ sale of Zidane to Real Madrid a few years back, where they didn’t really want to get rid of him, but the offer was too good to refuse. Same scenario here. With 120 million euro, Milan can makeover their whole squad, and fix all the areas of the team that need fixing. The way I see it Kaka doesn’t want to leave Milan, but he knows 120 million can really help the club he loves and he always stated how he’s fascinated by the EPL (he speaks fluent English as well). We’ll see how this all unfolds tomorrow, but right now it’s looking like Kaka is a Manchester City player.

It is being reported in the English tabloid press that Kaka is now expected to join Manchester City next week - though more through pressure than preference. Early editions of Saturday's Daily Mirror claim that Kaka has been "railroaded into accepting the £108 million move."

According to Mirror Sport, the Milan and Brazil playmaker bid an emotional farewell to club coach Carlo Ancelotti when he left training on Friday, and is unlikely to figure in the Rossoneri's Serie A clash with Fiorentina at the San Siro on Saturday night.

It remains to be seen how accurate this report is, but the paper, on its online version, says Kaka's love affair with the Milan club is over, adding that the blow will be softened by a £10m signing-on fee and a £15m-a-year salary. It also says that Kaka’s father and chief adviser, Bosco Leite, will hold talks with City officials in Milan on Monday, but reports claims from the Middle East that Kaka has already agreed to the transfer with Manchester City’s Abu Dhabi-based owners.

Despite the astronomical amounts of money being offered, former World Player of the Year Kaka, 26, is said by Mirror Sport's sources to be unhappy about the move, feeling that he is being pressurised into leaving a team he helped win the Champions League in 2007 for one embroiled in a battle to avoid relegation. City's last major trophy was the 1976 League Cup. Earlier this week Kaka revealed that he hoped to “grow old” with Milan, to whom he is contracted until 2013.

(source: goal, italy.theoffside.com)

AIG recently posted a third-quarter of $24.5 billion, prompting the US government to rework the terms of it’s aid to the insurance giant in order to a) extend more money to AIG (another $40 billion, after $123 billion had already gone into buying up AIG equity and b) significantly reduce repayment terms to help stabilise the company and allow it to recover fully (as opposed to collapsing under the current crisis or under the weight of the government handouts).

For Manchester United, the message is clear - if there was any hope that AIG would recover in time to renew their deal as sponsors of the Manchester United shirt, they are now shot. David Gill was recently quoted as saying that United would have no trouble in finding a replacement if the need arose - it’s time for the Manchester United chairman to put that to the test and ensure that a shirt sponsor paying as much (and if possible more) than AIG’s 14m / year deal is brought in before the agreement with AIG ends, or worse, before AIG says they can’t pay their next year’s installment.
The US government has stepped in with a new package of aid for troubled insurance giant American International Group. It comes after the firm - which sponsors Manchester United Football Club - announced third quarter losses of £14.7bn.

AIG made a £1.8bn profit the year before. The rescue package includes a £20.5bn cash injection in return for partial ownership of the firm. Announced jointly by the Federal Reserve and the Treasury Department, it takes the sum pumped into the company to around £90bn. As part of the new deal, the Fed is reducing a £51bn loan it had made available to AIG to £36bn. It is also replacing a separate £22.7bn loan to the insurance company with a £31bn aid package. The government said the measures were needed to "keep the company strong and facilitate its ability to complete its restructuring process successfully." The Treasury Department, which is overseeing the rescue operation, has promised to invest £150bn in America's banks to get them lending again.

Until now all of the help provided for AIG was coming from the Federal Reserve.
It said earlier this year it would lend AIG a total of £74bn, then gave it access to a further £12.5bn to help it pay wages and other key expenses. AIG has said repeatedly its kit sponsorship deal with Manchester United will not be affected by its financial woes. The contract, which is worth £56.5m over four years, is the most lucrative in the Premier League.

source: Forbes, Sky

Manchester United, Chelsea and Arsenal have established themselves in the world top five of highest-earning clubs, according to a new report. They made £580m between them last season and Deloitte, the business consultancy which compiles the Football Money League, believes their revenues will only increase as English clubs as a whole seek to maximise their money-making potential abroad.

"Manchester United have 300m overseas supporters but do not make as much money from them as possible," said Deloitte's Alan Switzer. "Even £2 extra from each fan would make an enormous difference. That is something all the big English clubs are now focusing on. The idea of a 39th game is part of that strategy."

A ninth Premier League title combined with a run to the Champions League semi-finals and a £14m-a-year shirt sponsorship deal helped United earn £212.1m in 2007. Chelsea made £190.5m in the same period and Arsenal took £177.6m, mainly from corporate revenue which doubled to £91m in their first season at the Emirates Stadium.

There are six English clubs in the top 20, Liverpool, Tottenham Hotspur and Newcastle United being the others. Financial analysts expect more to follow in 2008 because of this season's £300m Premier League broadcast deal.

The rich list 2008
1 (1) Real Madrid £236.2m
2 (4) Manchester United £212.1m
3 (2) Barcelona £195.3m
4 (6) Chelsea £190.5m
5 (9) Arsenal £177.6m
6 (5) Milan £153.0m
7 (8) Bayern Munich £150.3m
8 (10) Liverpool £133.9m
9 (7) Internazionale £131.3m
10 (12) Roma £106.1m
11 (15) Tottenham Hotspur £103.1m
12 (3) Juventus £97.7m
13 (11) Lyon £94.6m
14 (13) Newcastle United £87.1m
15 (16) Hamburg £81.0m
16 (14) Schalke 04 £76.9m
17 (-) Celtic £75.2m
18 (-) Valencia £72.4m
19 (-) Marseille £66.6m
20 (-) Werder Bremen £65.5m
(source: guardian.co.uk)