Business

GUANGZHOU, China - Work on a China Evergrande Group project in the southern city of Guangzhou to build one of the world's largest soccer stadiums is proceeding "as normal,” the company told Reuters on Monday, despite the real estate giant's cash woes.

Evergrande owes $305 billion in debt and has run short of cash, rattling global markets. It missed a payment deadline on a dollar bond last week.

Construction on the Guangzhou FC Soccer stadium, which was set to cost around $1.86 billion, began in April last year and had been due to finish by 2022.

LONDON - Jadon Sancho's lack of game time at Manchester United is "hurting the soul" of the man who sanctioned his $100 million move to Old Trafford, Borussia Dortmund CEO Hans-Joachim Watzke.

The 21-year-old England international has started only two of United's five Premier League games and was an unused substitute in the 1-0 defeat by Aston Villa on Saturday.

Soccer is weird. I mean that in the best possible way, but it is weird, especially in the U.S. While every other major sport in the country has well-established leagues and divisions, soccer in this country is still trying to figure things out. But that’s not necessarily a bad thing, and the introduction of the new USL Super League could yet prove to be a boon for the sport. 

The United Soccer League announced on Tuesday the Super League will begin play in 2023. What is it and why should you care? Let’s explain.

The dust has settled on the biggest transfer of the 2021 summer window, when Lionel Messi — the six-time world men’s player of the year — finally left Barcelona and joined Paris Saint-Germain on a free transfer. Despite being 34, the Messi PSG contract money speaks to his continued standing as world’s best footballer.

MANCHESTER, England - FIFA says it has fan backing for the much-criticized plan to shift to a biennial World Cup after releasing a summary of the results of an opinion survey of supporters.

The proposals, which have been outlined by FIFA's head of Global Football Development, former Arsenal manager Arsène Wenger, have been met with widespread opposition from within the game.

Cristiano Ronaldo finalized his transfer from Juventus to Manchester United on the final day of the 2021 summer transfer window, bringing an end to a three-year spell with the Old Lady and returning him to Old Trafford, where Ronaldo spent six superlative seasons between 2003 and 2009. The Cristiano Ronaldo Manchester United contract salary, despite now being 36 years of age, speaks to how prolific and valuable the forward still remains at the highest level.  

Bayern Munich thrashed RB Leipzig 4-1 on Saturday to go up to second in the Bundesliga on the quest for a tenth straight league title. 

Tyler Adams, who played every minute of World Cup qualifying for the USMNT, didn’t feature in RB Leipzig’s defeat. The 22-year-old has still made headlines for his comments on Bayern’s tendency to purchase the best talent from the Bundesliga.

MANCHESTER, England - FIFA's proposals for the World Cup to be held every two years, rather than the traditional four-year gap, have been met with strong opposition from European soccer body UEFA and major leagues, the following is a Q&A on the issues:

WHAT IS FIFA DOING?