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Chelsea Sanctions Spark Fresh Debate Over Football Finance

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The chaos engulfing Chelsea following sanctions imposed on Russian billionaire owner Roman Abramovich has sparked fresh debate over the sources of money that fuel Europe’s richest league.

The Premier League club had their assets frozen after Abramovich was targeted by the British government following Russia’s invasion of Ukraine, leaving them to cope with a ban on ticket sales and merchandise.

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An expedited sale of the European champions will soon bring the curtain down on 19 years of nearly unbroken success under their 55-year-old owner, who has overseen five Premier League titles and two Champions League triumphs.

Chelsea’s first home game since the sanctions were imposed was against Newcastle, whose own ownership model is also in the spotlight after a controversial takeover in October by a consortium led by Saudi Arabia’s sovereign wealth fund.

Rights group Amnesty raised concerns over the purchase, saying it was an attempt to “sportswash” the Gulf kingdom’s human rights record.

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Reflecting the intensified focus on off-field issues, Newcastle boss Eddie Howe was forced to field questions after the Chelsea game about scores of executions in Saudi Arabia instead of incidents during the match.

Newcastle are hoping to follow in the footsteps of Abu Dhabi-backed Manchester City, who have become the dominant force in the Premier League over the past decade on the back of huge investment.

Yet the UAE’s decision to abstain from voting on a UN Security Council resolution to condemn Russian “aggression” towards Ukraine and a recent meeting between City owner Sheikh Mansour bin Zayed Al Nahyan and Syrian president Bashar al-Assad — an ally of Russia’s President Vladimir Putin — have led to a renewed focus on City.

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Opposition Labour lawmaker Chris Bryant said it would be “good to see the back of” Sheikh Mansour as City owner, while the government criticised his meeting with Assad, saying it undermined prospects for a lasting peace in Syria.

READ ALSO: Ricketts Family Fly To London As Race To Buy Chelsea Hots Up

Sports business expert Simon Chadwick told AFP that despite the unease about who is funding Premier League clubs, it is difficult to foresee meaningful change in the short-term, with billionaires from across the globe lining up to buy Chelsea.

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“European football can wean itself off money from Russia, China and Saudi Arabia but what’s left? If they leave, who replaces them?” said Chadwick, global professor of sport at Emlyon Business School.

“If we take the example of Chelsea, one of the options for replacing an outgoing Russian is a consortium of an American and Swiss billionaire, so for British football fans the situation is not going to change.”

– Turning point? –
The British government acknowledges the need for a shake-up, publishing a fan-led review into governance of the sport in November.

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Recommendations include the creation of a new independent regulator for English football and new owners’ and directors’ tests to ensure “only good custodians” can run clubs.

Premier League chief executive Richard Masters said earlier this month that the league’s owners’ and directors’ test was under review, with sports minister Nigel Huddleston arguing it needs to be more “robust”.

Huddleston told a committee of lawmakers last week he believes the English game is at a “turning point”.

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“The fan-led review is pivotally important,” he said, with the full government response due in the coming weeks. “We recognise there are failures in the structure and governance of English football.”

Questions around ownership and sponsorship models are not unique to the English top flight.

Qatar-owned Paris Saint-Germain are storming towards an eighth French league title in 10 years, while the Spanish football federation has attracted criticism for taking its Super Cup to Saudi Arabia.

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In Germany, Schalke cut ties with state-owned Russian energy giant Gazprom, but Bayern Munich has stood by a sponsorship deal with Qatar despite a fan uprising that disrupted the club’s annual general meeting in November.

Football clubs and the Premier League are under fire for apparently neglecting to ask searching questions about where their money comes from as they chase silverware in a hyper-competitive industry.

Chelsea find themselves caught up in geopolitical currents that extend far beyond football but whether the sport has the appetite for fundamental change remains to be seen.

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AFP

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Why I’ll Never Advise My Son To Visit Nigeria – Taribo West

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A former Super Eagles defender, Taribo West, on Friday, berated the Nigeria Football Federation and Lagos State Government for allegedly abandoning the family of late goalkeeper, Peter Rufai.

Speaking at Rufai’s burial in a video posted by News Central on Friday, the ex-Inter Milan star expressed disappointment over what he described as the neglect of Nigerian football heroes after their death.

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It’s disheartening that you have Lagos State, you have the Nigerian Football Association. They drop the bulk on the family. I felt in my spirit that there is nothing to put your life for. That’s why I say I have to shift back so that I will not implode. It’s grieving.

READ ALSO:JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead

My mother passed on. I never shed tears. My father passed on in my hands. I never shed tears. When Rufai passed on, I had goose pimples on my body. And every individual I’m speaking to, there were tears rolling down my cheeks. What kind of nation is this?” he said

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The former international recalled similar situations with late football icons such as Stephen Keshi, Rashidi Yekini, and Thompson Oliha, stressing that the treatment of ex-players discouraged him from encouraging his children to serve the country through football.

READ ALSO:Ex-Super Eagles Coach, Monday Sinclair, Is Dead

With this kind of example, I will never advise even my son to put his feet for this country. Send me out! Do we have a Football Federation or do we have a Football Association in this Lagos State? That this hero, this soldier, this football evangelist, has to be treated this way in his family.

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“Could you imagine that the family would be crying just to solicit in within our groups to ask for money? That is madness. Look, please let me go. I don’t want to pour my heart,” he stated.

Rufai, fondly called “Dodo Mayana,” was Nigeria’s first-choice goalkeeper during the 1994 Africa Cup of Nations triumph and the country’s debut at the FIFA World Cup the same year.

He passed away in July 2025.

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CHAN 2024: Top Scorers Ahead Of Quarter-final Fixtures

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Uganda’s Allan Okello and South Africa’s Thabiso Kutumela are currently joint top scorers at the 2024 African Nations Championship (CHAN), with three goals each as the tournament heads into the quarter-final stage.

The group stage concluded on Tuesday, with Sudan holding Senegal to a 0-0 draw to finish top of Group D, while Nigeria defeated Congo 2-0.

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READ ALSO:US Envoy, Minister Address Visa Policy Changes, Urge Compliance

Here are the top scorers going into the CHAN quarter-finals:

Allan Okello (Uganda) – 3 goals
Thabiso Kutumela (South Africa) – 3 goals
Abdelrazig Omer (Sudan) – 2 goals
Kaporal (Angola) – 2 goals
Austin Odhiambo (Kenya) – 2 goals
Clement Mzize (Tanzania) – 2 goals
The quarter-final fixtures are scheduled for Friday and Saturday.

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Isak Breaks Silence, Insists On Leaving Newcastle; Club Disagree

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Alexander Isak believes his departure from Newcastle is “in the best interests of everyone” after breaking his silence on the saga of the Premier League transfer window amid speculation over a move to Liverpool.

The Swedish international, who was the second-highest goalscorer in the Premier League last season, has not featured for the Magpies in pre-season or their opening game of the campaign, a 0-0 draw away at Aston Villa on Saturday.

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Liverpool have reportedly had a £110 million bid ($149 million) rejected for the 25-year-old, with Newcastle holding out for a British transfer record fee of up to £150 million.

Isak released a statement on Tuesday after deciding not to appear at the Professional Footballers’ Association awards event despite being selected in the Premier League 2024/25 team of the year.

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“I’ve kept quiet for a long time while others have spoken. That silence has allowed people to push their own version of events, even though they know it doesn’t reflect what was really said and agreed behind closed doors,” Isak posted on Instagram.

“The reality is that promises were made and the club has known my position for a long time. To now act as if these issues are only emerging is misleading.

“When promises are broken and trust is lost, the relationship can’t continue. That’s where things are for me right now – and why change is in the best interests of everyone, not just myself.”

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According to reports, Isak had been promised an improved contract only for northeast side Newcastle to hold off due to pressures of meeting financial sustainability rules.

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Newcastle responded with a statement late Tuesday saying that while they were saddened by Isak’s comments, they could yet welcome the 25-year-old back into the squad.

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“We are disappointed to have been alerted to a social media post by Alexander Isak this evening,” the club wrote. “We are clear in response that Alex remains under contract and that no commitment has ever been made by a club official that Alex can leave Newcastle United this summer.

“We want to keep our best players, but we also understand players have their own wishes and we listen to their views.”

The statement added: “This is a proud football club with proud traditions and we strive to retain our family feel. Alex remains part of our family and will be welcomed back when he is ready to rejoin his teammates.”

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Isak has scored 62 goals in 109 appearances since joining from Real Sociedad in 2022, including the winner against Liverpool in the League Cup final earlier this year that ended Newcastle’s 70-year wait to win a domestic trophy.

Liverpool have already spent around £300 million overhauling a squad that romped to the Premier League title last season.

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But they have also recouped over £200 million in sales and are still in the market for attacking options after the departures of Luis Diaz and Darwin Nunez and tragic death of Diogo Jota.

Any deal is unlikely to be done before the two clubs face off in their next Premier League game on Monday at St James’ Park.

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