Gender pay gap for US soccer players is ‘untenable position,’ top sports agent Casey Wasserman says

“It’s an untenable position for U.S. Soccer,” said Casey Wasserman on CNBC’s “Squawk Box ” from Sun Valley, Idaho. At the parade Wednesday celebrating the most recent championship by the women’s team, players led the crowd in chants of “equal pay.” The men’s team has never won a World Cup and failed to qualify for the most recent tournament in 2018. “The fact that we’re talking about it and that they have to win a World Cup to really make it a thing is crazy. World Cup revenue for U.S. Soccer co


“It’s an untenable position for U.S. Soccer,” said Casey Wasserman on CNBC’s “Squawk Box ” from Sun Valley, Idaho. At the parade Wednesday celebrating the most recent championship by the women’s team, players led the crowd in chants of “equal pay.” The men’s team has never won a World Cup and failed to qualify for the most recent tournament in 2018. “The fact that we’re talking about it and that they have to win a World Cup to really make it a thing is crazy. World Cup revenue for U.S. Soccer co
Gender pay gap for US soccer players is ‘untenable position,’ top sports agent Casey Wasserman says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: jesse pound
Keywords: news, cnbc, companies, world, untenable, pay, gap, soccer, position, agent, mens, casey, paid, womens, team, cup, gender, players, wasserman


Gender pay gap for US soccer players is 'untenable position,' top sports agent Casey Wasserman says

The CEO of one of the country’s biggest sports agencies told CNBC on Thursday that the pay gap between the men’s and women’s players for the U.S. national soccer teams is shameful and cannot last.

“It’s an untenable position for U.S. Soccer,” said Casey Wasserman on CNBC’s “Squawk Box ” from Sun Valley, Idaho. “They should be paid absolutely equally as the men, period. I don’t know why it’s taking so long. I don’t even know why it’s a conversation.”

As the U.S. women’s national team completed an undefeated run to its fourth World Cup title, the players continued to speak up about their lack of pay relative to the men’s side.

The team sued the U.S. Soccer Federation in March, alleging gender discrimination. The lawsuit said that if the men’s and women’s teams both played a similar 20-game schedule of nontournament “friendlies,” the women would be paid just 38% of what the men would make.

The lawsuit also alleges the federation paid the men’s team roughly four times more in bonuses for the 2014 World Cup, when the men lost in the Round of 16, than it paid to the women’s team for winning the 2015 World Cup. According to documents obtained by The Guardian, the current labor agreements with U.S. Soccer would pay each member of the women’s team about $260,000 for winning a World Cup, compared with more than $1.1 million for each men’s player.

The team and the federation agreed to mediation in the lawsuit last month, according to The Wall Street Journal.

At the parade Wednesday celebrating the most recent championship by the women’s team, players led the crowd in chants of “equal pay.” The men’s team has never won a World Cup and failed to qualify for the most recent tournament in 2018.

“The fact that we’re talking about it and that they have to win a World Cup to really make it a thing is crazy. This should have been done a long time ago, and shame on U.S. Soccer for not doing more,” Wasserman said.

The Wasserman agency has created a new division called The Collective, which is focused on female athletes and entertainers. The agency represents about 150 female athletes, including Megan Rapinoe, who starred for the U.S. during the World Cup, and several of her teammates.

Wasserman said he believes that the players have a bigger audience than only women and girls, adding that he has had business leaders ask him which players he represents.

“It’s incredible, and I hope the world recognizes how powerful they can be,” Wasserman said.

World Cup revenue for U.S. Soccer comes in part from prize money from FIFA, the organization that runs international soccer. The total prize money available in the women’s tournament was $30 million, well short of the $400 million pot in the last men’s tournament.

The victory in the title game over the Netherlands was the most watched soccer game in the United States since 2015 and topped the 2018 men’s final by 22%. It is not clear how ratings variations affect revenue for U.S. Soccer.

The U.S. Soccer Federation did not immediately respond to a request for comment.


Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: jesse pound
Keywords: news, cnbc, companies, world, untenable, pay, gap, soccer, position, agent, mens, casey, paid, womens, team, cup, gender, players, wasserman


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After US women’s World Cup victory, the fight for equal pay takes center stage

On Wednesday, New York City held a ticker-tape parade and a ceremony for the U.S. Women’s National Soccer Team (USWNT) to celebrate the team’s 2019 FIFA World Cup victory. When FIFA president Gianni Infantino walked onto the field to award the players their medals, the crowd instead chanted “Equal pay!” I think he’s with us. I think he’s on the right side of things. I think he’s going to make things right.”


On Wednesday, New York City held a ticker-tape parade and a ceremony for the U.S. Women’s National Soccer Team (USWNT) to celebrate the team’s 2019 FIFA World Cup victory. When FIFA president Gianni Infantino walked onto the field to award the players their medals, the crowd instead chanted “Equal pay!” I think he’s with us. I think he’s on the right side of things. I think he’s going to make things right.”
After US women’s World Cup victory, the fight for equal pay takes center stage Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: abigail hess courtney connley, abigail hess, courtney connley
Keywords: news, cnbc, companies, going, soccer, stage, center, world, think, victory, fight, crowd, right, fifa, pay, womens, cup, uswnt, hes, takes, field, equal


After US women's World Cup victory, the fight for equal pay takes center stage

On Wednesday, New York City held a ticker-tape parade and a ceremony for the U.S. Women’s National Soccer Team (USWNT) to celebrate the team’s 2019 FIFA World Cup victory.

The event made it clear that after their victory, the USWNT has set their sights on equal pay — and they’ve earned plenty of support in the process.

When the USWNT defeated Netherlands 2-0 in the 2019 FIFA World Cup Final, the sold out crowd of nearly 60,000 people gathered at France’s Parc Olympique Lyonnais burst into cheers. When FIFA president Gianni Infantino walked onto the field to award the players their medals, the crowd instead chanted “Equal pay!”

The same was true on Wednesday when United States Soccer Federation (USSF) President Carlos Cordeiro took the stage of the celebration ceremony for the USWNT at New York City Hall — the crowd chanted “Pay them!” and “Equal pay!” as he took the podium.

“In recent months, you have raised your voices for equality,” said Cordeiro. “Today, on behalf of all of us at U.S. Soccer, I want to say we hear you, we believe in you and we are committed to doing right by you.”

“We believe at U.S. Soccer that all female athletes deserve fair and equitable pay,” he continued, “and together, I believe we can get this done, because as this team has taught us, being the greatest isn’t just about how you play on the field, it’s about what you stand for off the field. It’s about who we are as a sport and a country.”

When USWNT co-captain Megan Rapinoe later addressed the crowd she joked about the cheers, but eventually came to Cordeiro’s defense. “Everybody in power gets booed” said Rapinoe. “But I’m going to stick my neck out a little bit, I’m going to endorse Carlos. I think he’s with us. I think he’s on the right side of things. I think he’s going to make things right.”


Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: abigail hess courtney connley, abigail hess, courtney connley
Keywords: news, cnbc, companies, going, soccer, stage, center, world, think, victory, fight, crowd, right, fifa, pay, womens, cup, uswnt, hes, takes, field, equal


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US viewership of the 2019 Women’s World Cup final was 22% higher than the 2018 men’s final

According to a statement from Fox Sports, citing data from Nielsen, approximately 14.3 million U.S. viewers tuned in to the final match on television, compared to 11.4 million for the 2018 Men’s World Cup Final, a 22% U.S. viewership boost. The 2015 Women’s World Cup Final in Canada aired at night in the U.S., while the 2019 Women’s World Cup Final in France aired earlier in the day. The 2019 FIFA Women’s World Cup Final also had to compete for viewers with the Men’s Concacaf Gold Cup final and


According to a statement from Fox Sports, citing data from Nielsen, approximately 14.3 million U.S. viewers tuned in to the final match on television, compared to 11.4 million for the 2018 Men’s World Cup Final, a 22% U.S. viewership boost. The 2015 Women’s World Cup Final in Canada aired at night in the U.S., while the 2019 Women’s World Cup Final in France aired earlier in the day. The 2019 FIFA Women’s World Cup Final also had to compete for viewers with the Men’s Concacaf Gold Cup final and
US viewership of the 2019 Women’s World Cup final was 22% higher than the 2018 men’s final Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: abigail hess
Keywords: news, cnbc, companies, final, cup, match, higher, 2019, womens, viewers, soccer, viewership, million, 22, 2018, world, mens


US viewership of the 2019 Women's World Cup final was 22% higher than the 2018 men's final

On Sunday, a crowd of nearly 60,000 people gathered at France’s Parc Olympique Lyonnais to watch as the U.S. Women’s National Soccer Team (USWNT) defeated the Netherlands 2-0 in the 2019 FIFA Women’s World Cup Final.

Back in the U.S., millions more were watching. According to a statement from Fox Sports, citing data from Nielsen, approximately 14.3 million U.S. viewers tuned in to the final match on television, compared to 11.4 million for the 2018 Men’s World Cup Final, a 22% U.S. viewership boost.

Fox Sports’ statement reports that online streaming viewership peaked at roughly 20 million, making it the most-watched soccer match on English-language television, men’s or women’s, in the U.S. since the 2015 FIFA Women’s World Cup final, which delivered 25.4 million viewers.

According to CNN, an additional 1.6 million viewers watched the final match in Spanish on Telemundo.

The 2015 Women’s World Cup Final in Canada aired at night in the U.S., while the 2019 Women’s World Cup Final in France aired earlier in the day. The 2019 FIFA Women’s World Cup Final also had to compete for viewers with the Men’s Concacaf Gold Cup final and the Men’s Copa América final, which both took place on Sunday as well.

USWNT captain Megan Rapinoe called the scheduling of all three matches on the same day “ridiculous and disappointing. ”

Despite these challenges, the 2019 championship game set a record for online streaming for Fox Sports. The match delivered an average minute audience of 289,000 viewers for the network — up 402% from the 2015 Women’s World Cup — making it the most-streamed women’s final in history.

Fox Sports reports that 17.8 million people viewed the 2019 final match on social media, an increase of 18% on Twitter and YouTube, compared to the men’s final in 2018.

According to The Wall Street Journal, U.S. women’s soccer games have generated more revenue for the USSF than U.S. men’s games over the past three years, and according to Nike, the 2019 women’s stadium home jersey is the top-selling soccer jersey, men’s or women’s, ever sold on Nike.com in one season.


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: abigail hess
Keywords: news, cnbc, companies, final, cup, match, higher, 2019, womens, viewers, soccer, viewership, million, 22, 2018, world, mens


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Nike wins big as the US women’s soccer team takes the World Cup

Megan Rapinoe #15 of the United States celebrates scoring during the 2019 FIFA Women’s World Cup France quarter-final match between France and the United States at Parc des Princes on June 28, 2019 in Paris, France. With the U.S. women’s national soccer team defeating the Netherlands 2-0 Sunday to take the 2019 Women’s World Cup, Nike is also winning, with jerseys selling out on its website and buzz around its latest ad campaign taking over the internet. Nike said jersey sales have surged 200% c


Megan Rapinoe #15 of the United States celebrates scoring during the 2019 FIFA Women’s World Cup France quarter-final match between France and the United States at Parc des Princes on June 28, 2019 in Paris, France. With the U.S. women’s national soccer team defeating the Netherlands 2-0 Sunday to take the 2019 Women’s World Cup, Nike is also winning, with jerseys selling out on its website and buzz around its latest ad campaign taking over the internet. Nike said jersey sales have surged 200% c
Nike wins big as the US women’s soccer team takes the World Cup Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: lauren thomas
Keywords: news, cnbc, companies, takes, nikes, team, women, soccer, big, womens, tournament, jersey, cup, world, nike, sales, wins


Nike wins big as the US women's soccer team takes the World Cup

Megan Rapinoe #15 of the United States celebrates scoring during the 2019 FIFA Women’s World Cup France quarter-final match between France and the United States at Parc des Princes on June 28, 2019 in Paris, France.

By Monday morning, a special version dropped by Nike Sunday evening of the women’s jersey with four stars — with each star representing a World Cup win for the women’s team: once in 1991, 1999, 2015 and this year — had already sold out in many sizes for women, men and kids, a spokeswoman confirmed to CNBC.

The brand sponsored 14 of the two dozen teams playing in the tournament this year, including three that made it to the final four. One of those is team USA. Professional soccer players make up Nike’s second-largest group of sponsored female athletes, behind track and field.

With the U.S. women’s national soccer team defeating the Netherlands 2-0 Sunday to take the 2019 Women’s World Cup, Nike is also winning, with jerseys selling out on its website and buzz around its latest ad campaign taking over the internet.

Nike’s U.S. 2019 Stadium Home jersey for women is already sold out in most sizes, according to its website.

CEO Mark Parker had told analysts last month that the USA women’s home jersey, in the midst of the tournament, had already become the top-selling soccer jersey, for both men and women, ever sold on Nike’s website in one season.

Nike said jersey sales have surged 200% compared with the last tournament held four years ago. It said sales of women’s apparel related to the tournament are up more than 150% compared with 2015.

“To start the tournament nearly two-thirds of the teams wore Nike kits and half the players wore our boots,” Parker told analysts in late June. “The exposure is driving outstanding sell-through in kits, high performance bras and lifestyle extensions.”

Nike could use the boost from the World Cup win, as it’s been trying to sell more to women overall but has faced some backlash for its treatment of its female employees and sponsored athletes.

More recently, it was an op-ed in The New York Times that Olympic athlete Allyson Felix wrote, saying Nike wanted to pay her 70% less for her contract after she had a child. Nike responded shortly after by saying it was putting an end to financial penalties for pregnant athletes. And the uproar seems to not have put a dent in sales, which jumped 4% in the latest quarter to just over $10 billion.

Meanwhile, as sales of Nike’s new World Cup merchandise are skyrocketing — with many items being bought and worn by men — it has provided more fuel for the ongoing debate around the fact that female soccer players are still being paid less than men. But women’s games are now generating more revenue than men’s games.

In 2016, women’s games generated $1.9 million more in sales than men’s games, according to audited financial statements from the U.S. Soccer Federation (USSF) obtained by The Wall Street Journal. From 2016 to 2018, women’s games generated roughly $50.8 million in revenue, compared with $49.9 million for men’s games, WSJ found.

After the win on Sunday, Nike aired a new ad for the women’s soccer team, hinting at some of these frustrations.

In it, a woman says: “I believe that we will make our voices heard and TV shows will be talking about us every single day and not just once every four years. … And that women will conquer more than just the soccer field, like breaking every single glass ceiling and having their faces carved on Mount Rushmore. … And that we will keep fighting not just to make history, but to change it forever.”

“The Nike brand is about winning, and it’s gender-neutral in this way,” said Erich Joachimsthaler, CEO and founder of branding agency Vivaldi.

“The new ad … when they talk about women and the win [Sunday], they’re not talking about it in some beautified way. Some pink way,” Joachimsthaler said. “They’re talking about it like it’s serious. Like you deserve it. You, women, are the best.”

Nike, which pulls in less than a quarter of its sales from women today, says the momentum from the World Cup gives it a nice boost and sets the stage for its initiatives for the remainder of the year. These include its upcoming launch of geography-specific clothing for women in Asia, based on studies it did around female body types and sizing.

“We can feel the World Cup’s energy and impact throughout our growing women’s business,” said Rosemary St. Clair, the head of Nike’s women’s division. “We’re ecstatic about how this summer has contributed to the acceleration of our women’s offense at Nike.”

Nike shares were up less than 1% Monday morning. The stock has rallied more than 17% this year, bringing Nike’s market cap to roughly $138 billion.


Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: lauren thomas
Keywords: news, cnbc, companies, takes, nikes, team, women, soccer, big, womens, tournament, jersey, cup, world, nike, sales, wins


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Today is the Women’s World Cup final between the US and Netherlands—here’s how much money is on the line

Today, the U.S. Women’s National Soccer Team (USWNT) is set to compete against Netherlands in the 2019 FIFA Women’s World Cup final. This World Cup, 24 teams competed in France for their share of $30 million in prize money from FIFA — which is just 7.5% of the Men’s World Cup prize of $400 million in 2018. According to documents obtained by The Guardian, the USWNT’s contract guarantees a player will receive $3,000 for each qualification game they win (since they won all five that’s a total of $1


Today, the U.S. Women’s National Soccer Team (USWNT) is set to compete against Netherlands in the 2019 FIFA Women’s World Cup final. This World Cup, 24 teams competed in France for their share of $30 million in prize money from FIFA — which is just 7.5% of the Men’s World Cup prize of $400 million in 2018. According to documents obtained by The Guardian, the USWNT’s contract guarantees a player will receive $3,000 for each qualification game they win (since they won all five that’s a total of $1
Today is the Women’s World Cup final between the US and Netherlands—here’s how much money is on the line Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-04  Authors: abigail hess
Keywords: news, cnbc, companies, today, players, team, money, fifa, mens, soccer, womens, cup, 2019, final, world, netherlandsheres, france, line


Today is the Women's World Cup final between the US and Netherlands—here's how much money is on the line

Megan Rapinoe #15 of the United States celebrates scoring during the 2019 FIFA Women’s World Cup France quarter-final match between France and the United States at Parc des Princes on June 28, 2019 in Paris, France.

Today, the U.S. Women’s National Soccer Team (USWNT) is set to compete against Netherlands in the 2019 FIFA Women’s World Cup final. This World Cup, 24 teams competed in France for their share of $30 million in prize money from FIFA — which is just 7.5% of the Men’s World Cup prize of $400 million in 2018. The team that wins the World Cup on Sunday will split $4 million of these funds, but there’s more than just FIFA money on the line in today’s championship. According to documents obtained by The Guardian, the USWNT’s contract guarantees a player will receive $3,000 for each qualification game they win (since they won all five that’s a total of $15,000); a $37,500 bonus for qualifying for the World Cup; $37,500 for making the final US World Cup roster; and $110,000 if they win the whole World Cup — a potential grand total of $200,000 each.

Alex Morgan (Orlando Pride) of United States protest during the 2019 FIFA Women’s World Cup France Round Of 16 match between Spain and USA at Stade Auguste Delaune on June 24, 2019 in Reims, France. Jose Breton/NurPhoto via Getty Images

In contrast, had the U.S. Men’s National Team (USMNT) qualified for the 2018 FIFA Men’s World Cup, which the team did not, players would have received $108,695 each. Had the team won all of their 16 qualifying games, made the final World Cup roster and won the World Cup, USMNT players would have been paid a total of over $1.1 million each. The USWNT’s contract also reportedly includes an agreement that each player be paid $60,869 for a four-game victory tour, should they win the World Cup. Women’s team players received nothing for advancing to the knockout stages of the World Cup, while U.S. men’s team players would have earned $329,376 for the same accomplishment, according to The Guardian. This soccer pay gap exists despite the profitability of the USWNT. According to The Wall Street Journal, U.S. women’s soccer games have generated more revenue for the U.S. Soccer Federation (USSF) than U.S. men’s games over the past three years, and according to Nike, the 2019 women’s stadium home jersey is the top-selling soccer jersey, men’s or women’s, ever sold on Nike.com in one season. In 2016, five U.S. women’s players filed a discrimination complaint with the Equal Employment Opportunity Commission (EEOC), and in March, 28 members of the USWNT filed a lawsuit against the USSF for gender discrimination and unequal pay. In June, The Wall Street Journal, citing sources familiar with the situation, reported that USSF and the USWNT have “tentatively agreed to pursue mediation after the World Cup ends.”

Wendie Renard #3 of France celebrates her goal during the 2019 FIFA Women’s World Cup France group A match between Nigeria and France at Roazhon Park on June 17, 2019 in Rennes, France. Catherine Steenkeste/Getty Images


Company: cnbc, Activity: cnbc, Date: 2019-07-04  Authors: abigail hess
Keywords: news, cnbc, companies, today, players, team, money, fifa, mens, soccer, womens, cup, 2019, final, world, netherlandsheres, france, line


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US Soccer star Carli Lloyd was told she wasn’t good enough at 21 and was going to quit the sport

At the 2019 Women’s World Cup, U.S. soccer legend Carli Lloyd has already notched two goals — and she’ll be looking for more on Friday, when her team faces tournament host France in the quarterfinal match. But Lloyd, 36, who’s a two-time Olympic gold medalist and competing in her fourth World Cup, hasn’t always been in the spotlight. In fact, she thought her soccer career would be over after graduating from college. “In my head, I was going to finish my last year at Rutgers and then get a real j


At the 2019 Women’s World Cup, U.S. soccer legend Carli Lloyd has already notched two goals — and she’ll be looking for more on Friday, when her team faces tournament host France in the quarterfinal match. But Lloyd, 36, who’s a two-time Olympic gold medalist and competing in her fourth World Cup, hasn’t always been in the spotlight. In fact, she thought her soccer career would be over after graduating from college. “In my head, I was going to finish my last year at Rutgers and then get a real j
US Soccer star Carli Lloyd was told she wasn’t good enough at 21 and was going to quit the sport Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: kathleen elkins
Keywords: news, cnbc, companies, lloyd, work, going, carli, star, wasnt, world, team, womens, sport, told, good, cup, whos, soccer, quit, writes


US Soccer star Carli Lloyd was told she wasn't good enough at 21 and was going to quit the sport

At the 2019 Women’s World Cup, U.S. soccer legend Carli Lloyd has already notched two goals — and she’ll be looking for more on Friday, when her team faces tournament host France in the quarterfinal match.

But Lloyd, 36, who’s a two-time Olympic gold medalist and competing in her fourth World Cup, hasn’t always been in the spotlight.

In fact, she thought her soccer career would be over after graduating from college. “In my head, I was going to finish my last year at Rutgers and then get a real job,” Lloyd writes on The Players’ Tribune, adding: “I was going to be an FBI agent. That was my plan.”

She was 21 and had just been cut from the under-21 U.S. national team. “You don’t work hard enough,” the coach told her. “You aren’t fit and I simply can’t put you on the roster.” That’s when Lloyd was convinced that she was “totally done with soccer,” she writes. “Done done. “


Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: kathleen elkins
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Boston’s baseball blueprint has brought soccer silverware back to Liverpool

Liverpool has put itself back at the head of European soccer’s top table after securing a sixth Champions League success and the team’s American owners believe they’re just getting started. Speaking immediately before the victory in the final against Tottenham Hotspur on Saturday, Liverpool’s Chairman Tom Werner said: “We have always said that our desire is to win silverware.” Speaking to the Liverpool Echo newspaper, Werner went on to say, “We have no intention of selling. FSG — which also owns


Liverpool has put itself back at the head of European soccer’s top table after securing a sixth Champions League success and the team’s American owners believe they’re just getting started. Speaking immediately before the victory in the final against Tottenham Hotspur on Saturday, Liverpool’s Chairman Tom Werner said: “We have always said that our desire is to win silverware.” Speaking to the Liverpool Echo newspaper, Werner went on to say, “We have no intention of selling. FSG — which also owns
Boston’s baseball blueprint has brought soccer silverware back to Liverpool Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: adam reed
Keywords: news, cnbc, companies, baseball, liverpools, world, silverware, soccer, werner, million, fsg, bostons, brought, blueprint, european, league, liverpool, success, key


Boston's baseball blueprint has brought soccer silverware back to Liverpool

Liverpool has put itself back at the head of European soccer’s top table after securing a sixth Champions League success and the team’s American owners believe they’re just getting started.

Speaking immediately before the victory in the final against Tottenham Hotspur on Saturday, Liverpool’s Chairman Tom Werner said: “We have always said that our desire is to win silverware.”

Speaking to the Liverpool Echo newspaper, Werner went on to say, “We have no intention of selling. We have reached a position where I think the club is in the best shape it’s been for a very long time.”

Werner is a key figure within Liverpool’s Fenway Sports Group (FSG) ownership structure and has been since its majority shareholder John W. Henry purchased Liverpool in 2010 for £300 million (379 million). FSG — which also owns Major League Baseball world champions the Boston Red Sox — has since seen its investment in the English Premier League soccer team increase to be worth an estimated $2 billion.

Through a series of shrewd acquisitions and appointments both at the board and playing level, in nine years FSG has transformed Liverpool from the brink of administration to a commercial force that is now the envy of many others.

Most notably in January 2018 when the decision was taken to sell Philippe Coutinho to Barcelona for $179 million, making the club a sizable profit as he was bought for just £8.5 million ($10.7 million) in 2013. That money was then reinvested in a $95 million world record fee for a defender on Virgil van Dijk and $84 million on goalkeeper Alisson Becker, both key players in Liverpool’s European success.


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: adam reed
Keywords: news, cnbc, companies, baseball, liverpools, world, silverware, soccer, werner, million, fsg, bostons, brought, blueprint, european, league, liverpool, success, key


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Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,


“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,
Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
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Cristiano Ronaldo's goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals.

He may have been referring to his goals on the soccer field, but the knock-on effect will no doubt please the owners of his current employers Juventus.

Following the result, the club’s share price rose sharply Wednesday, opening 20 percent higher and was still up by 17 percent at 2:30 p.m. London time.

Ronaldo’s impact in Tuesday night’s win — a stunning hat-trick against Atletico Madrid — earned the Italian champions about 10.5 million euros ($11.8 million) in additional payments for making the last eight of the Champions League. It last won Europe’s premier club soccer competition in 1996.

That cash is added to the 9.5 million euros the Italian club received for reaching the last 16.

Juventus are controlled by Exor, the investment holding of Italy’s Agnelli family, which owns nearly 64 percent of the soccer team.

The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. In the 24 hours following the deal being announced, Juventus had sold over half a million replica shirts with Ronaldo’s name and number seven.

He turned 34 years old in February, but has just over three years to run on his current Juventus contract, which pays him 30 million euros a year.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
Keywords: news, cnbc, companies, soccer, cristiano, sends, heroics, euros, champions, madrid, million, italian, shares, club, goalscoring, 17, soaring, league, juventus, ronaldos


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Manchester City’s owners buy stake in third-tier Chinese soccer club

Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC. “Today marks an exciting new chapter in the growth of City Football Group. Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. In addition to Manchester City, CFG also owns M


Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC. “Today marks an exciting new chapter in the growth of City Football Group. Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. In addition to Manchester City, CFG also owns M
Manchester City’s owners buy stake in third-tier Chinese soccer club Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: adam reed, richard sellers, empics, pa images, getty images
Keywords: news, cnbc, companies, stake, sichuan, owners, thirdtier, jiuniu, china, soccer, chinese, cfg, football, buy, club, fc, soriano, manchester, citys, city


Manchester City's owners buy stake in third-tier Chinese soccer club

The parent company of English Premier League champions Manchester City announced Wednesday that it has added a seventh soccer club to its growing stable.

Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC.

“Today marks an exciting new chapter in the growth of City Football Group. China is an extremely important football market, which we have been focused on for some time,” Ferran Soriano, Chief Executive Officer of CFG, said in a statement.

Based in Chengdu, the third-tier Sichuan Jiuniu FC has only existed since 2006 and play their home games at the 27,000-capacity Chengdu Longquanyi Football Stadium. However, the average attendance for a home fixture has been far below that number and the team won just 6 of 28 games last season.

Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China.

“We believe strongly in the future of football in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. These objectives are equally important,” Soriano added.

In addition to Manchester City, CFG also owns MLS side New York City FC, Australia’s Melbourne City, Uruguay’s Club Atletico Torque, a joint majority stake in Spanish club Girona and a minority stake in Japan’s Yokohama F. Marinos.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: adam reed, richard sellers, empics, pa images, getty images
Keywords: news, cnbc, companies, stake, sichuan, owners, thirdtier, jiuniu, china, soccer, chinese, cfg, football, buy, club, fc, soriano, manchester, citys, city


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Manchester City’s owners buy stake in third-tier Chinese soccer club

Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC. “Today marks an exciting new chapter in the growth of City Football Group. Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. In addition to Manchester City, CFG also owns M


Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC. “Today marks an exciting new chapter in the growth of City Football Group. Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. In addition to Manchester City, CFG also owns M
Manchester City’s owners buy stake in third-tier Chinese soccer club Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: adam reed, richard sellers, empics, pa images, getty images
Keywords: news, cnbc, companies, stake, manchester, club, sichuan, city, soccer, buy, cfg, soriano, owners, citys, china, fc, jiuniu, thirdtier, football, chinese


Manchester City's owners buy stake in third-tier Chinese soccer club

The parent company of English Premier League champions Manchester City announced Wednesday that it has added a seventh soccer club to its growing stable.

Partnering with Chinese robotic AI company UBTECH and China Sports Capital, City Football Group (CFG) has jointly purchased China League Two side Sichuan Jiuniu FC.

“Today marks an exciting new chapter in the growth of City Football Group. China is an extremely important football market, which we have been focused on for some time,” Ferran Soriano, Chief Executive Officer of CFG, said in a statement.

Based in Chengdu, the third-tier Sichuan Jiuniu FC has only existed since 2006 and play their home games at the 27,000-capacity Chengdu Longquanyi Football Stadium. However, the average attendance for a home fixture has been far below that number and the team won just 6 of 28 games last season.

Soriano said Sichuan Jiuniu FC will be art the core of improving soccer in China.

“We believe strongly in the future of football in China. We are making a long-term, sustainable commitment to grow and develop Sichuan Jiuniu FC and to nurture Chinese footballing talent. These objectives are equally important,” Soriano added.

In addition to Manchester City, CFG also owns MLS side New York City FC, Australia’s Melbourne City, Uruguay’s Club Atletico Torque, a joint majority stake in Spanish club Girona and a minority stake in Japan’s Yokohama F. Marinos.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: adam reed, richard sellers, empics, pa images, getty images
Keywords: news, cnbc, companies, stake, manchester, club, sichuan, city, soccer, buy, cfg, soriano, owners, citys, china, fc, jiuniu, thirdtier, football, chinese


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