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A consortium including billionaire Amazon founder Jeff Bezos has advanced its talks to buy about a 30% stake in Liverpool, BBC Sport has been told, and we asked for you views on the news. Bezos and his investment buddies would only be interested in extracting returns, which worries me immensely. The Bezos deal just distances me further from the club.
According to reports, FIFA aimed to raise up to $4.2 billion (£3.1 billion) by selling a about a 20% stake in the group, valuing the new arm at $20 billion (£14.8 billion) - but the deal has fallen through after much pushback
From the beginning of the PIF takeover, Profit and Sustainability Rules (PSR) have put the brakes on Newcastle's ambitions to spend. The Magpies welcomed the new Financial Fair Play rules - the Squad Cost Ratio (SCR), which are now in effect - and, in short, mean the more you generate, the more you can spend. On top of that, in April, the PIF withdrew its multibillion dollar backing of LIV Golf after Yasir Al-Rumayyan - the fund's governor and chairman of Newcastle - confirmed it was reviewing its deals and investments.
FIFA president Gianni Infantino's plan to create a $20 billion US company running the World Cup with private investors including the Kushner family was announced Tuesday — and immediately attacked by European soccer body UEFA.
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