Business

The Boston Breakers Have Reportedly Folded

The Boston Breakers, formerly the longest-continuously-operating women's soccer team in the United States, has folded. Players were notified on Wednesday.

You Can Definitely Guess Which Premier League Club Invested In Crypto-Currency

Arsene Wenger, the Professor with an economics degree, is dipping Arsenal’s pocket book into the crypto-currency markets. The club reached an agreement Wednesday with California-based CashBet, which will thus be allowed to advertise at Emirates Stadium. Now Gunners fans can watch ads for fake money while cheering for fake trophies. The Arsenal crypto-currency deal might just be the most Arsenal thing ever. 

Nashville Named Major League Soccer’s 24th Team

It’d been clear for a couple days now, but a formal press conference at the Country Music Hall of Fame confirmed Nashville as one of two expansion franchises that could begin play as early as 2020 in Major League Soccer. With Los Angeles FC set to join the league in 2018 as the 23rd club, Nashville is now MLS’s 24th side and the third team in the Southeastern United States (Atlanta and Orlando being the other two).

Surprise! The Chinese Super League Is Completely Unsustainable

It turns out spending millions of dollars on manager Andre Villas-Boas and immediate want-aways Carlos Tevez and Jackson Martinez amounts to little more than burning money for the Chinese Super League. According to a recent audit by accounting firm PwC and as reported by Goal, the CSL’s clubs are currently in a combined debt of over $600 million.

Sunil Gulati Will Not Run For Re-Election As President Of U.S. Soccer

U.S. Soccer president Sunil Gulati announced Monday he will not seek re-election in February. Gulati made the announcement in an interview with ESPN's Sam Borden.

MLS Names Four Finalists For Two 2020 Expansion Team Spots

On December 6 in New York City, four Major League Soccer expansion hopefuls will stand in front of the league’s expansion committee and commissioner Don Garber and make their case to be one of two new sides slated to begin play in 2020. They’ll talk about things like business metrics (“F*ck that,” says Columbus), stadium plans and making bank.

Why The U.S. And China Are Buying More World Cup Tickets Than Everyone Else

Maybe you haven’t heard, but the U.S. will not be participating in the 2018 World Cup in Russia. But that hasn’t stopped Americans from purchasing more tickets for next summer’s tournament than any other country outside the host nation. And the U.S. isn’t the only country that won’t be competing in Russia to rank in the Top 10 in World Cup ticket sales.

Robert Lewandowski's Wife Hints Move To MLS

Could Robert Lewandowski be the latest European star to make a move to MLS? According to his wife, Anna Lewandowski, the couple dreams of a move to Los Angeles and a chance to build their personal brands ahead of Robert's retirement.

"I think we will spend some time in the United States, too," Anna Lewandowski said in a recent interview with Business Insider Poland. "We dream of Los Angeles. There we want to develop our brands."

Lionel Messi Signs New Contract With Barcelona Until 2021

FC Barcelona has confirmed that superstar Lionel Messi has signed a new contract with the club that will keep him there until the end of the 2020-2021 season. The new Messi contract includes an astronomical $835 million (700 million euro) buyout clause, which virtually ensures that the Argentine forward will remain at the club through the end of the contract.

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