Money

Juventus shares down 10% after 15-point deduction for transfer dealings

MILAN - Shares in Juventus tumbled some 10% on Monday after Italian soccer authorities docked the club 15 points for its transfer dealings, in a blow to its reputation and short-term sporting prospects.

Juventus, who have won the Italian league more times than any other club, are now 9th in the Serie A standings and face an uphill struggle to qualify for lucrative European competition.

Juventus drew 3-3 with Atalanta on Sunday night in their home city of Turin in their first game since the punishment was announced late on Friday.

Juventus deducted 15 POINTS and drop to 10th after investigation into club's transfer dealings

ROME — Juventus have been deducted 15 points for the current season by an Italian soccer court investigating its transfer dealings, the national soccer federation (FIGC) said on Friday.

With 20 games left to play in this season, Juve were third in Serie A, 10 points adrift of leaders Napoli. The points deduction would push them down into mid-table, outside the spots for European competition.

Memphis Depay trains with Atlético Madrid ahead of $3.25 million transfer from Barcelona

Barcelona forward Memphis Depay appeared to be on the verge of joining Atlético Madrid as he was spotted wearing the club's colors while training under manager Diego Simeone on Thursday.

The 28-year-old Dutch international has been linked with a move to Atlético for the last few days, with several reports by the Spanish media suggesting that the deal was close to be done.

Premier League dominates latest list of the world's 20 richest clubs

Manchester City have topped the Deloitte Football Money League for the second year in a row as the world's highest revenue-generating club in the 2021-22 season in which fans returned to stadiums as COVID-19 restrictions were eased.

Abu Dhabi-owned City generated total revenue of $790.65 million, followed by Real Madrid ($771.42 million) and Liverpool ($758.45 million).

City's rivals Manchester United generated $744.41 million and Paris St Germain made $706.59 million.

Yet another MLS teenager has moved to the Premier League

It's been confirmed that Colombian forward Jhon Durán has completed a move to Aston Villa in the Premier League for a potential transfer fee of $22 million. The 19-year-old made 27 appearances during his time with the Chicago Fire, scoring eight goals including a spectacular brace against Toronto FC. 

Durán is now the second teenager to make the switch from the Fire to the Premier League following his former teammate Gabriel “Gaga” Slonina, who currently plays for Chelsea. 

Ronaldo to captain his squad against Messi, Mbappé, Neymar and PSG

A new chapter in the celebrated rivalry between Cristiano Ronaldo and Lionel Messi will unfurl on Thursday when they meet in an exhibition match as the Portugal forward gears up for his first game in Saudi Arabia since joining Al Nassr.

After a glittering career in Europe that saw him win four Champions League titles with Real Madrid and two Scudettos at Juventus, Ronaldo signed for Al Nassr, describing it as the "right moment" to share his experience in Asia.

Chelsea announce $110M Mykhailo Mudryk signing mid-game

Chelsea announced Mykhailo Mudryk as their fifth signing of the January transfer window on Sunday, after the Ukrainian winger completed his move from Shakhtar Donetsk to the Premier League club.

In a statement, Shakhtar said they "will receive $76 million for the player and another $33 million is envisaged as a bonus payment."

The 22-year-old has signed on an eight-and-a-half-year contract.

FIFA fines Mexico over $100,000 and gives fan ban for offensive chant at 2022 World Cup

MEXICO CITY — FIFA sanctioned the Mexican Football Federation (FMF) for the offensive chants the country's fans made during their matches at last year's World Cup by ordering it to play a game behind closed doors and fined it $108,000.

"The FIFA Disciplinary Committee has fined FMF with a fine of CHF 100,000 and one match to be played behind closed doors in light of chants by Mexican supporters during the Mexico v. Poland and Saudi Arabia v. Mexico World Cup matches," FIFA said in a statement on Friday.

Ex-Virginia Tech player gets $100K after suing for alleged benching over political views

After filing a federal lawsuit against Virginia Tech women's soccer coach Charles "Chugger" Adair back in 2021 for an alleged benching stemming from a refusal to kneel in support of the Black Lives Matter movement before a match the previous year, former Hokies player Kiersten Hening received a $100,000 payout from the school to drop the suit.

Open-top bus parade time: Newcastle United reach a cup semifinal!

It'd been 18 long years since Newcastle United had advanced to the semifinals in one of England's cup competitions, but their supporters can once again dream of breaking a major trophy curse that's lasted since 1955 after beating Leicester City 2-0 in the League Cup quarterfinals on Tuesday night at St James' Park.

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