Despite major delays, new and spectacular stadiums in Poland and Ukraine will be ready to host this summer’s UEFA Euro 2012. But will there be a long lasting legacy justifying the massive investments?
The Trinidad and Tobago Football Federation (TTFF) was subjected to a new low Wednesday morning as policemen swooped down on its Dundonald Street headquarters and seized removable assets.
The next football World Cup and the 2016 Olympic Games threaten to produce a catalogue of white elephants for Brazil, while restricting benefits to the business community, a panel of academics warned at today’s Play the Game.
The new UEFA concept of Financial Fair Play is blurry and mounts the risk of court cases, according to leading sport economic, Professor Stefan Szymanski from the CASS Business School in London. Others do not see any good alternatives.
UEFA expressed concerns that club losses could rise by 50 per cent in 2010 when their regulation to stop clubs’ overspending, Financial Fair Play, was discussed at the SoccerEx Forum in Manchester.
New in Knowledge Bank: Despite success for the Danish male national team at the 2011 World Championships in Sweden, the financial development in the Danish men’s and women’s League clubs is worse than ever. Analysis on the situation.
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