Football

Silvio Berlusconi has confirmed that he has reached an agreement with Thai businessman Bee Taechaubol regarding the sale of a 48-per-cent stake in Italian Serie A football club AC Milan.

The London Legacy Development Corporation (LLDC) has been ordered to publicise the details of English Premier League football club West Ham United’s rental agreement for the Olympic Stadium.

The South American Football Confederation (Conmebol) has appointed professional services firm Ernst & Young to drive through a comprehensive reform process of the continental governing body.

Spanish LaLiga football club Barcelona has announced a revamp of its business areas, with a new department set to be led by a senior executive from Italian Serie A champion Juventus.

American authorities have broadened their investigations into corruption in world football and expect to file additional charges, according to U.S. Attorney General Loretta Lynch, while her Swiss counterpart Michael Lauber said his office has seized property and flats in the Swiss Alps in connection with its probe of Fifa.

The South American Football Confederation (Conmebol) has said a meeting will be held next week over the future of the Copa America Centenario, adding it is committed to going ahead with next year’s special edition of the national team tournament.

Domenico Scala, the independent chairman of Fifa’s Audit and Compliance Committee, has today (Thursday) unveiled an eight-point plan for the comprehensive reform of football’s global governing body.

International footballers’ union FIFPro has warned that 28 days is not enough time to play the 2022 Fifa World Cup and has expressed its concern that domestic competitions could still continue during the national team tournament in Qatar.

Chinese e-commerce giant Alibaba Group has entered into a collaboration with media corporation Sina and private equity firm Yunfeng Capital to establish a company that aims to “transform” the country’s sports industry.

Prince Ali bin Al-Hussein of Jordan has today (Wednesday) confirmed he will once again stand for the presidency of Fifa after losing out to Sepp Blatter in May’s elections for the top job at football’s global governing body.

The European Club Association (ECA) has urged international footballers’ union FIFPro to drop a proposed legal challenge to the sport’s transfer system.

English clubs’ expenditure on transfer fees in the recent summer window was more than double the amount in any other major European footballing country, according to the latest Big 5 Transfer Window Analysis report.

Energy and financial services company CEFC China has become the majority shareholder of Czech First League top-tier football club Slavia Prague.

The UK government has rejected a request from supporters’ groups of eight football clubs who had called for an inquiry into the controversial decision to grant West Ham United anchor-tenant status at London’s Olympic Stadium.

Fifa presidential candidate Chung Mong-joon has accused the Asian Football Confederation (AFC) of lobbying its members in a bid to drum up support for rival Michel Platini at next year’s election.

Spanish Liga football club Real Madrid has further consolidated its position as the financial powerhouse of world sport by revealing revenue and profit increases for its 2014-15 fiscal year.

Russian Sports Minister Vitaly Mutko has returned to the role of president of the Russian Football Union (RFU) with an immediate remit of addressing the precarious financial position the organisation finds itself in.

Former Nigeria national team footballer Segun Odegbami has announced that he intends to run for the Fifa presidency.