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☆ Jürgen Klopp announces shock Liverpool soccer club exit in blow for U.S. owners
▼ + stars: | 2024-01-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Jürgen Klopp will unexpectedly step down as Liverpool soccer team manager at the end of this season, the club said Friday. The charismatic German coach joined Liverpool in 2015 and led the storied club to a European Champions League title in 2019 and an English Premier League title in 2020. Klopp replaced Brendan Rodgers at the helm in October 2015, when Liverpool was languishing in 10th place in the Premier League. In the following year, Klopp led the club to a fourth-place finish in his first full season in charge. Liverpool is the most successful club in English soccer by number of awards, winning 68 trophies over its 132-year history.

Persons: Jurgen Klopp, Estadio Wanda Metropolitano, Jürgen Klopp, John Henry, Klopp, Brendan Rodgers Organizations: Liverpool, Champions, UEFA Champions, Tottenham Hotspur, Estadio Wanda, Liverpool soccer, European, League, English Premier League, Reds, FA, England's, FIFA Club, UEFA, Borussia Dortmund, Fenway Sports Group, League Baseball's Boston Red Sox, National Hockey League's Pittsburgh Penguins, NASCAR's RFK Racing, Premier League, Manchester City, City, Chelsea, Norwich City Locations: Madrid, Spain, German, Liverpool, American

LONDON (AP) — Sotheby's is set to auction off six shirts worn by Lionel Messi during Argentina's winning run at last year's soccer World Cup in Qatar and thinks they could become the most valuable collection of sports memorabilia ever sold at potentially more than $10 million. In defeating France in a penalty shootout after a 3-3 draw at Lusail Stadium, Argentina won its third World Cup. Sotheby’s, which was founded in London in 1744, will offer Messi’s shirts between Nov. 30 and Dec. 14. A free exhibition at the company's New York headquarters will allow the public to see the shirts during the bidding dates. Winning, and lifting, the World Cup last year meant Messi emulated the feat of Maradona in 1986, the second time Argentina won the trophy.

Persons: Lionel Messi, Argentina's, Messi, Michael Jordan’s, Diego Maradona, Maradona, Sant Joan de Déu, Leo Messi, Pele, That's Organizations: France, Lusail, Argentina, U.S, England, UNICAS, Sant Joan de Déu Barcelona Children’s Hospital, Leo Messi Foundation, Inter Miami, MLS, Barcelona, European Champions League Locations: Qatar, New York, Argentina, London, York, Sotheby's, Sant Joan de Déu Barcelona

☆ Man Utd predicts higher annual revenue as sale process drags on
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

The English Premier League club, whose future ownership remains uncertain as the Glazer family explore a potential sale, did not give any update on that process, which started nearly a year ago. Manchester United expect revenue of between 650 million and 680 million pounds for the fiscal year to June 2024, compared with 648.4 million in 2022/23. The club forecast adjusted core profit of between 140 million and 165 million pounds, compared with 155 million in 2022/23. For the quarter ended June 30, Manchester United reported a net loss of nearly 3 million pounds ($3.50 million), compared with a loss of 71 million pounds a year earlier. Annual net losses narrowed by 75% to 29 million pounds.

Persons: Molly Darlington, Glazer, Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al, Erik ten Hag, Rasmus Hojlund, Mason Mount, Andre Onana, Yadarisa, Shounak Dasgupta, Kevin Liffey Organizations: Soccer Football, Premier League, Manchester United, Leicester City, Champions League, English Premier League club, New York Stock Exchange, Inter Milan, European, League, Danish, Copenhagen, Manchester City, . Manchester United, Thomson Locations: Old Trafford, Manchester, Britain, Trafford, Qatar's, Qatar's Sheikh Jassim bin Hamad al Thani, Atalanta, Chelsea, Bengaluru

☆ Football Leaks' Rui Pinto gets suspended sentence, to remain free
▼ + stars: | 2023-09-11 | by ( Sergio Goncalves | ) www.reuters.com time to read: +3 min

Rui Pinto, the Portuguese man believed to be the mastermind behind Football Leaks, waits before his trial at the court in Lisbon, Portugal September 4, 2020. REUTERS/Rafael Marchante Acquire Licensing RightsLISBON, Sept 11 (Reuters) - A Lisbon court on Monday handed a four-year suspended prison sentence to Rui Pinto, the Portuguese man behind the Football Leaks website, for attempted extortion, illegal access to data and breach of correspondence, Judge Margarida Alves said. "The court decided Rui Pinto will be handed a single four-year sentence... but there is no need to serve the sentence in prison," the judge said. Pinto's targets included the football club Sporting, the Portuguese Football Federation, investment fund Doyen Sports and law firm PLMJ. Football Leaks' data seen by Reuters showed how some of the richest and most prominent figures in soccer avoided tax by channelling earnings offshore.

Persons: Rui Pinto, Rafael Marchante, Judge Margarida Alves, Pinto, Judge Alves, Anibal Pinto, Pinto's, Francisco Teixeira da Mota, Sérgio Gonçalves, Andrei Khalip Organizations: REUTERS, Rights, Football, Lisbon Central Criminal Court, Sporting, Portuguese Football Federation, Sports, Reuters, English Premier League, Manchester City, European Champions League, Thomson Locations: Lisbon, Portugal, Rights LISBON, Portuguese, Hungary

CAIRO, April 21 (Reuters) - There are some aspirational prizes being doled out to winners of Ramadan tournaments in Egypt this week, with a team decked out in Liverpool's kit being awarded England's Premier League trophy for their success -- while another is set to receive UEFA Champions League silverware. The losers were presented with a replica of the African Champions League trophy for their efforts. "I bought the two cups from a friend who owns a sportswear store for two thousand Egyptian pounds ($65)," Ibrahim Abdel Salam, one of the organising committee, told Reuters. "There are two artificial turf courts, but we prefer the dirt court," Abdel Salam said. Meanwhile in El-Beheira governorate the European Champions League trophy appeared up for grabs.

☆ Italy sports authority scraps 15-point penalty for Juventus, orders new trial
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

MILAN, April 20 (Reuters) - Italy's top sports body on Thursday cancelled a decision to dock Serie A club Juventus (JUVE.MI) 15 points in a case centered on the club's transfer dealings, ordering soccer authorities to hold another hearing. The ruling of Italy's Sports Guarantee Board came after Juventus, the most successful soccer club in Italy, appealed a sentence Italy's soccer court issued in January as it looked at the way the club and a number of other teams dealt with player exchange deals. The soccer court had also imposed bans from holding office in Italian soccer on 11 past and present Juventus directors, including former Chairman Andrea Agnelli, a prominent member of the family controlling Juventus through their investment company Exor (EXOR.AS). Partially accepting the Juventus appeal, the Sports Guarantee Board did not clear the club of wrongdoing. It instead ruled that a soccer court made up of different judges should now hold new proceedings against Juventus and the directors and come up with more appropriate punishment.

Manchester United, INEOS, Tesla and Musk did not reply to requests for comment. "For potential buyers, football clubs like Manchester United are considered trophy assets driven by the perception of exclusivity. The size of that bid has fuelled speculation Manchester United will attract significantly more. Manchester United is the fourth richest soccer club in the world, according to analysis by Deloitte. A small portion of Manchester United shares is listed on the New York Stock Exchange.

☆ Manchester United's American owners consider selling club
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: +3 min

A football fan chants slogans before a protest against the ownership of Manchester United. Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club. "We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club today and in the future," the statement said. The Raine Group is acting as financial adviser and Latham & Watkins LLP is the legal adviser to Manchester United. It was the first Premier League match to be postponed because of a protest.

☆ Manchester United owners consider selling club
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +4 min

The owners are under pressure with United sitting fifth in the Premier League halfway through the season, which has been suspended because of the current Qatar World Cup. Manchester United shares jumped as much as 20% after Sky News first reported on the sale process, giving the club a market capitalisation of $2.6 billion. The Raine Group is acting as financial adviser and Latham & Watkins LLP is the legal adviser to Manchester United. It was the first Premier League match to be postponed because of a protest. United finished sixth last season in their worst Premier League campaign in terms of points earned, failing to qualify for the lucrative European Champions League competition.

☆ Man United set financial goals for year after quarterly loss narrows
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +2 min

Net debt, a bone of contention for the fan base, grew nearly 23% to 514.9 million pounds, hurt by a weaker sterling. Register now for FREE unlimited access to Reuters.com RegisterThe 20-time English champions have seen several changes this year, including welcoming CEO Richard Arnold, who effectively replaced Executive Vice-chairman Ed Woodward. The club forecast total revenue for the 2022-23 period to be between 580 million and 600 million pounds and is targeting adjusted core profit between 100 million to 110 million pounds. The English Premier League soccer club reported a net loss of 70.7 million pounds for the three months to June 30, compared with a loss of 107.7 million pounds a year earlier. ($1 = 0.8855 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Yadarisa Shabong and Chris Peters in Bengaluru Editing by Keith Weir and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

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