Major League Soccer (MLS) must remove caps on salaries if it is to fulfill its potential and compete with Europe's top leagues, former England captain Wayne Rooney has said.
The salary cap was introduced to help level the playing field by preventing teams from spending big on players. It has worked to an extent, with 10 different teams crowned MLS Cup champions over the last 13 seasons.
The players and coaching staff at Serie A side AS Roma have agreed to go without four months' salary to help the club through the crisis caused by the COVID-19 outbreak. Serie A has been suspended since March 9 and it is not known if or when the season will be able to re-start.
Once the formalities are out of the way, the Premier League will finalize the sale of Newcastle United from owner Mike Ashley to a consortium that’s headed by Saudi Arabia’s Public Investment Fund (PIF). In terms of the richest Premier League owners, Newcastle's jumping from 11th on this list all the way to the top.
Major League Soccer extended its moratorium on matches until June 8 on Friday amid discussions with players about salary cuts the league says are necessitated by the coronavirus pandemic.
ESPN reported that league officials, including commissioner Don Garber, and the MLS Players' Association executive board held a conference call on Thursday to talk about potential salary reductions.
The U.S. Soccer Federation said on Wednesday it was shutting down its youth development academy permanently due to the financial fallout from the COVID-19 pandemic.
U.S. Soccer, the sport's governing body in the United States, said in a statement the decision to shutter the academy, which it founded in 2007 and included competitions across five age groups, was effective immediately.
Many female footballers are at risk of losing their livelihoods due to the global soccer shutdown caused by the COVID-19 pandemic, a report by global players' union FIFPRO said on Thursday.
The report said specific measures were needed to help women's football during the crisis, which has brought world sport to a standstill and caused the postponement of major international events including the 2020 Tokyo Olympics. Otherwise, it said, the women's game could be facing an existential threat.
A possible takeover of Premier League side Newcastle United by a group fronted by British financier Amanda Staveley with Saudi Arabian backing appeared to be moving closer to completion on Tuesday.
A 31-page charge agreement filed with Companies House and signed by Staveley for PCP Capital Partners and a lawyer for St James Holdings Ltd indicated a framework for a deal was being put in place.
European champions Portugal will donate half of their prize money for qualifying for the now-postponed Euro 2020 championships to support amateur football amid the coronavirus outbreak, the team said on Monday. The virus has shut down many countries and has wreaked havoc with the sporting calendar across the globe.
NEW YORK — Two former 21st Century Fox executives and a South American sports marketing company pleaded not guilty on Thursday to criminal charges in New York in the long-running corruption probe surrounding FIFA, the world governing body for soccer.
The former Fox executives, Hernan Lopez and Carlos Martinez, and Full Play Group SA entered their pleas to crimes including wire fraud and money laundering conspiracy at an arraignment before U.S. District Judge Pamela Chen in Brooklyn.
LONDON — Premier League footballers, facing pressure to accept wage cuts during the coronavirus outbreak, have launched a fund to raise money for National Health Service (NHS) charities to help tackle the coronavirus outbreak.
With the Premier League at a standstill, the players have been criticised in the British media over the last week for resisting calls from the clubs to accept wage deferrals and cuts to reduce wage bills.
The players union, however, questioned the call for a 30-percent player wage reduction, saying it would reduce tax revenue for Britain's NHS.