Champions League to help stem Juventus losses

LONDON (Reuters) – A return to the Champions League and the benefits of a new stadium should help Italy’s Juventus to stem their financial losses from next season, club chairman Andrea Agnelli said on Monday. Juventus, listed on the Italian stock market, will remain in the red for 2011-12 but losses should be lower than the 95 million euros recorded last year, Agnelli said at the Global …

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Champions League to help stem Juventus losses

Bayern Munich Gets Leg Up as Murdoch Money Boosts German League

When Bayern Munich lost the 2010 Champions League final against Inter Milan, it was a victory of largesse over careful German financial planning.

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Bayern Munich Gets Leg Up as Murdoch Money Boosts German League

Italian police make arrests over alleged match fixing

ROME (Reuters) – Police in the southern Italian city of Bari have arrested a number of people including a player from a Serie A club in connection with alleged match fixing in last year’s championship, officials said on Monday.

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Italian police make arrests over alleged match fixing

Newcastle United reduces losses

Newcastle United reports an operating loss of £3.9m for the financial year ending June 2011.

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Newcastle United reduces losses

Portsmouth creditors hit out

Portsmouth’s major creditors have accused the club’s administrators of not doing enough to avoid the possibility of liquidation. Pompey’s financial position has been the stuff of nightmares since 2009, when former owner Sacha Gaydamak admitted he no longer had the funds to run the club.

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Portsmouth creditors hit out

Fans continue to raise funds for troubled Darlington FC

FOOTBALL fans are continuing to dig deep in their efforts to save Darlington FC.

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Fans continue to raise funds for troubled Darlington FC

FOREX-Euro hits 10-yr low vs yen, more trouble seen in 2012

(Updates prices, adds CFTC data) * Euro expected to continue slide vs dollar in 2012 * Euro falls below 100 yen for first time in decade * Chinese yuan ends year at record high vs dollar NEW YORK, Dec …

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FOREX-Euro hits 10-yr low vs yen, more trouble seen in 2012

Wolfsburg signs Czech midfielder Jiracek

Midfielder Petr Jiracek has completed a move from Czech champion Viktoria Plzen to Wolfsburg in Germany’s Bundesliga. Plzen said the two clubs have agreed on a deal Thursday and Jiracek signed a contract until 2016. Financial details were not disclosed. Czech media reported the transfer sum could reach ?4 million ($5.2 million).

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Wolfsburg signs Czech midfielder Jiracek