DIRS.INFO The most relevant business & tech news

☆ ‘Peasants vs. Marie Antoinette’: What the Premier League does with its billions of dollars is riling 72 other soccer clubs
▼ + stars: | 2024-04-18 | by ( Ben Morse | ) edition.cnn.com time to read: +11 min

DisparityThanks to its multi-billion-dollar TV deals, the Premier League is often celebrated as a UK Inc. success story. Andrew Powell/Liverpool FC/Getty ImagesBy targeting talents from lower-league academies, Premier League clubs don’t have to pay inflated transfer fees. The mooted introduction of an independent regulator comes against the backdrop of some Premier League clubs falling foul of the Premier League’s Profitability and Sustainability Rules (PSR). Earlier this month, Everton were handed a further two-point deduction for allegedly breaching Premier League financial rules. Relegated from the Premier League in 2023, Leicester denies any wrongdoing and opened legal proceedings against the Premier League and the EFL, but could face a points deduction if found guilty.

Persons: Abu, –, Kieran Maguire, Marie Antoinette ”, Marie Antoinette, – James McConnell –, Gabriele Biancheri, James McConnell, Bobby Clark, Andrew Powell, Caroline Dinenage, Maguire, Richard Masters, ” Maguire, ”, “, ” Masters, Phil Noble, we’ve, It’s, Mike Egerton, they’ve Organizations: CNN —, Manchester City, League, Reading FC –, Reading, English Football League, CNN, British, Premier League, Inc, Sunderland, Manchester United, Cardiff City, Liverpool, Chelsea, Liverpool FC, Getty, Premier League clubs, Culture , Media, Sport Committee, Premier League clubs “, Premier League’s, ” CNN, The Times, European Super League, National League, Everton, Nottingham Forest, Manchester City –, Reuters, Nottingham, “ Premier League, Leicester City, Leicester Locations: Istanbul, Manchester, Abu Dhabi, France, Europe, England’s, Britain's

☆ Man Utd CEO Arnold to leave club ahead of possible sale
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Funeral of former England and Manchester United footballer Bobby Charlton - Manchester Cathedral, Manchester, Britain - November 13, 2023 Manchester United CEO & director Richard Arnold arrives at Manchester Cathedral REUTERS/Phil Noble Acquire Licensing RightsCompanies Manchester United PLC FollowNov 15 (Reuters) - Manchester United (MANU.N) CEO Richard Arnold will step down, the Premier League club said on Wednesday, ahead of the club's reported stake sale to British billionaire Jim Ratcliffe. General counsel and board director Patrick Stewart, who has been with the club for over 17 years, will be become interim CEO. Patrick Stewart's appointment as interim CEO would allow United's new joint owners to identify the right long-term candidate to run the club, Sky News reported, citing one source. Manchester United did not immediately respond to a Reuters' request for comment on the rationale. Arnold will provide "transitional support" until the end of December, the club said, and they will start looking for a permanent CEO, United said in a statement.

Persons: Bobby Charlton, Richard Arnold, Phil Noble, Jim Ratcliffe, Patrick Stewart, Glazer, Arnold, Ed Woodward, Erik ten Hag, Ratcliffe, Patrick Stewart's, United, Yadarisa, Shinjini Ganguli, Bhattacharjee Organizations: Soccer, Manchester United, Manchester Cathedral, Manchester Cathedral REUTERS, Rights Companies Manchester United, Premier League, Reuters, Sky News, Thomson Locations: England, Manchester, Britain, United, Bengaluru

☆ Kanye ‘didn’t mean what he said’ about Jews, Adidas CEO says
▼ + stars: | 2023-09-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Adidas CEO Bjørn Gulden said he doesn’t think Kanye West “meant what he said” when the rapper spewed antisemitic comments last year. “Very unfortunate, because I don’t think he meant what he said, and I don’t think he’s a bad person. His comments garnered global outrage and a few days later Adidas ended its nine-year business relationship with him. Prior to those comments, Adidas put the “partnership under review” after he wore a “White Lives Matter” T-shirt in public. It now expects to make a €450 million ($491 million) operating loss in 2023, a much better outcome than the €700 million ($764 million) loss it had forecast back in March.

Persons: Bjørn Gulden, ”, Ye, Gulden, ” Gulden, Adidas didn’t, West Organizations: New, New York CNN, Adidas, West, White, Ku Klux Klan, British, Manchester United Locations: New York, Norwegian

☆ Why US sporting stars like Tom Brady, LeBron James, and JJ Watt are piling into English soccer
▼ + stars: | 2023-08-05 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +6 min

Brady joins the likes of Jordan Spieth, JJ Watt, and LeBron James by buying into English football. Former NFL star Watt bought a minority stake in Burnley FC, in May. Now, legendary quarterback Brady has unveiled a minority stake in Birmingham City. The rise of across-the-pond partnerships raises a question: what is it about British clubs that has suddenly captured celebrities' imagination? The rewards for success in the English Premier League can be astronomical.

Persons: Tom Brady, Brady, Jordan Spieth, JJ Watt, LeBron James, Watt, Spieth, Michael B Jordan, Ryan Reynolds, Rob McElhenney's, Simon Chadwick, Reynolds, Ralph Lauren –, Christina Philippou, we've, Philippou, it's, Chadwick, That's, We've, they're, there's Organizations: Service, NFL, Burnley FC, Leeds United, Liverpool FC, Fenway Sports Group, AFC Bournemouth, Disney, Birmingham, Knighthead Capital Management, Wrexham, L'Oreal, English Premier League, Sky, BT, Amazon Prime, Premier League, Manchester City, Portsmouth University, Wrexham AFC, Premier League –, European Locations: Birmingham City, Wall, Silicon, British, Wrexham, Birmingham, United States

☆ Adidas signs $1.2 billion partnership with Manchester United
▼ + stars: | 2023-07-31 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Manchester United and Adidas are extending their apparel-sponsorship contract in a record-breaking £900 million ($1.2 billion) deal that lasts for another decade. Manchester United said on its website that the Adidas partnership has “excited fans around the world with forward-thinking initiatives, iconic designs on the pitch and fan-favorite culturewear off of it” and that new deal “increases the focus” on its women’s team for new apparel. “We are extremely proud to announce the extension of the contract with Manchester United,” Adidas CEO Bjorn Gulden said. “Adidas and Manchester United are two of the most important brands in international football and it is very natural for us to continue our cooperation.”Monday’s deal is a marked increase from the previous deal, which was worth around £750 million. Forbes ranks Manchester United as the world’s second most valuable team, assessing the 145-year-old team at to be worth $6 billion.

Persons: Bjorn Gulden, “, ”, Glazer Organizations: New, New York CNN, Manchester United, Adidas, British football, League, Nike . Manchester United, “ Adidas, Forbes Locations: New York, German

☆ Tressie McMillan Cottom on ‘Ted Lasso’ - The New York Times
▼ + stars: | 2023-06-20 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +4 min

Opinion America Is Waking Up From a DreamWhen “Ted Lasso” premiered in 2020, it was supposed to rehab masculinity’s brand. “Ted Lasso” asked us to believe that we could rehabilitate American masculinity without rehabilitating the strictures of gender. “Ted Lasso” premiered near the aftermath of Trump’s presidency, with Covid still roaring. Ted asked Rebecca to hire a private detective to spy on his estranged wife and her new boyfriend. The “Ted Lasso” finale is satisfying fan service about the power of friendship, but altogether the uneven third season teaches us a more important lesson.

Persons: topick, “ Ted Lasso ”, Donald Trump’s, Ted, Ted Lasso ”, Keely, Rebecca, Jade, Trump’s, Covid, Ted Lasso, Ronald Reagan, witticisms, Kate Manne, Nate, Trump Organizations: for Disease Control, Prevention, Cornell, CNN, Mother’s, Trump Locations: America, American, British, Britain, U.S

☆ Opinion | Why America Desperately Needed Ted Lasso
▼ + stars: | 2023-06-05 | by ( Margaret Renkl | ) www.nytimes.com time to read: +2 min

NASHVILLE — I didn’t watch the first season of “Ted Lasso” until the second season was already underway on Apple TV+. I wish I’d been watching from the very beginning, when it first began streaming in 2020. It is simply the story of a heartbroken but optimistic American football coach who accepts a job as manager of a British football team in the hands of a heartbroken and pessimistic owner who has just won it in a bitter divorce. Rebecca Welton knows almost nothing about running a sports franchise, and her imported coach knows almost nothing about the game that Brits call football. “You know what the happiest animal in the world is?” Ted asks a glum player just bested in a team scrimmage.

Persons: Ted Lasso ”, I’d, —, “ Ted Lasso ”, ”, Rebecca Welton, Rebecca, Miss Havisham, Manolo Blahniks, Ted, Forrest Gump, Ted Lasso’s, It’s Organizations: NASHVILLE, Apple, Pew Research Center, Premier League Locations: America, United States, British

☆ Opinion: Why I won’t take my young Black son to a European soccer game
▼ + stars: | 2023-06-01 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +8 min

CNN —My little boy, who is not quite 9, would like to go to a professional football game here in Britain where we live. A 2021 survey found a third of ethnic minority football fans had experienced racism at stadiums, and in England and Wales, race-related hate crimes at matches are on the rise. Clubs whose fans or players commit hate crimes should have points deducted, impacting their position in their league. For national teams, racist behavior by fans or players should result in a tournament ban. While diversity among football players is high, representation off the pitch is shockingly poor at every level.

Persons: Keith Magee, I’m, Keith Magee Arron, Martin Luther King Jr, “, ”, Shaka Hislop, Vinícius Júnior, othered, Mesut Özil, Vinícius Organizations: Newcastle University, United, University College London Institute for Innovation, CNN, Black, Real Madrid, Football, United Nations, FIFA, UEFA, La Liga, Liga, Twitter, Facebook, German Locations: United Kingdom, Black Britain, Britain, Valencia, Spain, Europe, Italy, British, England, Wales, White

☆ Shoppers lined up outside Aldi stores to buy Logan Paul and KSI's coveted Prime drink. The retailer used a clever strategy to lure customers in.
▼ + stars: | 2023-01-07 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Aldi confirmed it had sold out of Prime just one day after the drink hit its shelves. Aldi used clever strategy to create a notion of scarcity and lure customers in, experts told Insider. Experts say Aldi used a clever strategy to lure in shoppers by create a feeling of exclusivity and notion of scarcity. Logan Paul has 24.6 million Instagram followers and 23.6 million YouTube subscribers, while for KSI those numbers are 12.4 million and 16.1 million respectively. Aldi sold the drink at £1.99 a bottle, and Prime sold 12-packs for £24.99 ($29.60) on its UK website before they sold out.

☆ Grant Wahl: A charming, kind and talented journalist
▼ + stars: | 2022-12-11 | by ( Don Riddell | ) edition.cnn.com time to read: +8 min

The American soccer journalist Grant Wahl, who’d also been covering the game at Lusail, had died. The LED board shows a photo of Grant Wahl prior to the quarterfinal match between England and France. Wahl pictured at an awards ceremony in Doha during the World Cup. Grant Wahl (left) being interviewed by CNN's Don Riddel in Qatar. He was charming, kind and just so happy to be covering his eighth men’s World Cup and the game he loved.

Search resuls for: "British football"

10 mentions found