Neymar on par with Messi in salary stakes

Paris Saint-Germain are expected to formalise their bid to sign Neymar in a deal worth more than £500m this week.   It would place him on a par with Lionel Messi as the best paid footballer on an annual salary of £55m.   Neymar’s father should be able to take eight figure commissions on the transaction.

Koreans interested in Woking

Chankoo Sim, leader of Sportzen, a Seoul-based marketing firm, is one of a number of potential bidders interested in Woking.   The company were the first Koreans to invest in a European football club after acquiring Belgian second division side AFC Tubize in 2014.

Illegal streamers blocked

Football fans will find it more difficult to stream matches illegally after a High Court blocking order hailed as a major victory by the Premier League.

The Premiership has obtained an injunction requiring internet service providers to promptly block access to servers that are illegally showing its games this season.   Once notified by the Premier League, the ISPs must act while the match is being played.   Some ISPs will be especially willing to cooperate as they are the victims of piracy themselves.

Spanish football chief arrested

The head of Spain’s football federation was arrested yesterday in an investigation into suspected corruption by top officials.

Angel Maria Villar, his son Gorka Villar, and several Spanish federation executives were detained by Spanish police on suspicion of embezzlement, fraud and collusion. Mr Villar Snr, a former player for the Spanish national team, has been president of the federation for almost 30 years and is also a vice-president of Fifa and Uefa.

Everton’s Age of Austerity is over

Everton’s age of austerity is over.    They were last among the big spenders in the late 1980s.  However, under new owner Farhad Moshiri they are targeting a top six finish and have splashed out £85m in the summer transfer window.

They have organised a £60m credit facility from the Industrial and Commercial Bank of China.

Football riches spread across Europe

The 26th Deloitte annual review of football finance reports that driven by continued growth in broadcast rights values in European football’s biggest leagues, and the impact of UEFA Euro 2016, total European football market revenues reached almost €25 billion in 2015/16, a 13% increase on 2014/15.

The ‘big five’ European leagues grew collective revenues by €1.4 billion (12%) in 2015/16, 59% of which was due to increased broadcast revenues, and 31% due to increased sponsorship and other commercial revenues.