Fernandes

Tony Fernandes, Queens Park Rangers facing staggering debt and losses

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Queens Park Rangers in financial trouble? Nobody saw that coming! Oh wait…

Following last year’s exorbitant spending spree with the hopes of keeping QPR in the Premier League, the club has announced staggering financial numbers.

Chief owner Tony Fernandes is faced with a knee-buckling $296 million club debt, increasing from $152 million this same time last year.

Those incredible numbers are reportedly due to a massive $121 million loan from the owners that was injected to help save the club’s Premier League status.

Despite shelling out transfer fees of $20.8 million for Chris Samba and $14.6 million for Loic Remy, the attempt failed and they were unable to stave off relegation.

The wage bill also increased massively (from $97 million to $130 million) during that time, in part thanks to the acquisition of players such as Julio Cesar, Ji-Sung Park, Jose Boswinga, Esteban Granero, and Andy Johnson.

Rangers only reported earnings of $101 million, mostly from Premier League television payouts.

The news will not just have an affect on Fernandes’s wallet; according to the Telegraph, QPR would face a lengthy transfer embargo under the new Financial Fair Play rules if they remain in such massive debt.

In addition, they would reportedly be facing fines up to $83.6 million in addition to a possible embargo.  The Financial Fair Play rules are meant to push clubs to sustain a relatively equal level of income and expenditure.

The situation reeks of the same red flags leading to Portsmouth’s untimely demise a few years back, a nightmare scenario for Pompey that has seen them drop from the Premier League all the way into the dangerous waters of potentially dropping out of the Football League altogether.  Harry Redknapp was also the manager of Portsmouth during the spending spree that ultimately led their plummet down the leagues.

Redknapp has stated that the wage bill could be slashed this summer to get the club more in line with the Financial Fair Play rules.  Many of the high earners at the club have since departed or been loaned out, but high-earners such as Joey Barton and Shaun Wright-Phillips remain.

Man City beat Dortmund on PKs after Pulisic scores late goal

SHENZHEN, CHINA - JULY 28:  Kelechi Iheanacho (R) of Manchester City contests the ball against Sokratis Papastathopoulos of Borussia Dortmund during the 2016 International Champions Cup match between Manchester City and Borussia Dortmund at Shenzhen Universiade Stadium on July 28, 2016 in Shenzhen, China.  (Photo by Lintao Zhang/Getty Images)
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Manchester City beat Borussia Dortmund on penalty kicks at Shenzhen Longgang Stadium in China as Pep Guardiola picked up his first win as City’s manager and both teams completed their 2016 International Champions Cup campaigns with a 1-1 draw in regulation.

[ MORE: Guardiola bans pizza ]

On a pitch which cut up badly, Dortmund started brightly but after a raft of changes at half time City were the better team in the second half as Guardiola gave plenty of his more experienced players a run out.

One of those players grabbed the goal as Sergio Aguero tapped home a flowing move 12 minutes from time to hand City their first goal of preseason but right at the death 17-year-old U.S. international Christian Pulisic — who came on at half time and impressed on the right flank — slotted home to make it 1-1 and send the game to penalty kicks.

Young goalkeeper Angus Gunn saved three spot kicks as City eventually won 7-6 on penalties.

City now have just one more preseason game before they being Guardiola’s debut season in the Premier League, as they play Arsenal in a friendly in Sweden on Aug. 7.

[ MORE: Fabregas sent off in Chelsea’s win over Liverpool ]

A shaky start for City saw goalkeeper Willy Caballero give the ball away and Ousmane Dembele was clean through but Nicolas Otamendi blocked his shot brilliantly.

Jesus Navas then raced up the other end and picked out Fabian Delph but he scuffed his shot wide. Emre Mor curled a shot just wide and Dembele blasted an effort miles over the bar after another bad giveaway by City as Dortmund’s high-pressing was catching out their defense.

During a first half water break Guardiola barked orders at several of his players including Ukrainian winger Oleksandr Zinchenko who looked bright in spots. Despite looking more dangerous, Dortmund couldn’t break through and right on half time Kelechi Iheanacho had a great chance after good build up play but Roman Burki saved well from close range.

Wholesale changes took place at half time with U.S. national team starlet Christian Pulisic coming on for Dortmund who made a host of changes. Man City brought on Sergio Aguero, Yaya Toure and David Silva at half time with some of their big-hitters getting some minutes under their belts.

With all the changes the game was disjointed but City looked the more likely to take the lead.

Wilfried Bony, another half time sub, looked bright as he turned and hit a shot on goal which was saved and then cleared. Aguero then smashed an effort over the bar as City pushed hard for their first win, and goal, of preseason so far.

Silva then set up Bony on the edge of the box but he smashed another effort just over the bar, while late on Gonzalo Castro went clean through but drilled his effort over.

Aguero’s goal then arrived and it was a beautifully worked team goal.

Young center back Tosin Adarabioyo sprayed a long ball out to former New York City FC left back Bersant Celina and then Aleix Garcia combined with Silva on the edge of the box and the latter slotted the ball across to Aguero to tap home.

Dortmund had a strong shout for a penalty kick in stoppage time as Shinji Kagawa went down but then Pulisic popped up to slot home with the last kick of regulation after City switched off from a short corner.

In penalty kicks Gunn was the hero as he saved three penalty kicks.

VIDEO: USMNT’s Pulisic nets late equalizer for Dortmund vs. Man City

Dortmund's Christian Pulisic, left, celebrates with Felix Passlack, right, after scoring the opening goal during the German Bundesliga soccer match between Borussia Dortmund and Hamburger SV in Dortmund, Germany, Sunday, April 17, 2016. (AP Photo/Martin Meissner)
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Christian Pulisic is making quite a name for himself.

The 17-year-old U.S. international came on at half time of Borussia Dortmund’s International Champions Cup game against Manchester City in Shenzhen, China on Thursday.

[ MORE: City beat Dortmund on PKs ]

He looked bright on the right flank, giving Jason Denayer plenty of problems, and he saved his best moment until last.

Pulisic popped up to slot home with the last kick of regulation after City switched off from a short corner.

He also scored his spot kick in the shootout but Dortmund ended up losing to City on penalty kicks 6-5.

Watch the goal below as Pulisic popped up at the right time to squeeze the ball home.

 

VIDEO: Man United’s Jesse Lingard sets up “Dab University”

LONDON, ENGLAND - FEBRUARY 07: Jesse Lingard of Manchester United celebrates with Wayne Rooney of Manchester United after scoring the opening goal during the Barclays Premier League match between Chelsea and Manchester United at Stamford Bridge on February 7, 2016 in London, England.  (Photo by Mike Hewitt/Getty Images)
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We all know Jesse Lingard loves a good dab celebration after scoring and now the Manchester United winger is trying to teach others his supreme technique.

Lingard, 23, had a breakout season for United in 2015-16, scoring the winning goal against Crystal Palace in extra time in the FA Cup final and he became a regular for the Red Devils.

[ MORE: Rooney won’t dab ]

The English winger also broke out “the dab” after scoring a beauty against Chelsea in the Premier League too and along with Paul Pogba and many others it has become their celebration of choice.

Cam Newton, you’re a pioneer.

In the video below Lingard sets up “Dab University” with his United teammates and it turns out Cameron Borthwick-Jackson has some moves.

Click play to see Professor Lingard break it down.

Fabregas sent off as Chelsea beat Liverpool in fiery friendly

PASADENA, CA - JULY 27:  Cesc Fabregas #4 of Chelsea receives a red card from referee Baldomero Toledo after a hard challenge to Ragnar Klavan #17 of Liverpool in the second half during the 2016 International Champions Cup at Rose Bowl on July 27, 2016 in Pasadena, California. Chelsea defeated Liverpool 1-0. (Photo by Jeff Gross/Getty Images)
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Liverpool vs. Chelsea is never a friendly encounter.

That was proved correct on Wednesday as Chelsea beat Liverpool 1-0 at the Pasadena Rose Bowl in their opening 2016 International Champions Cup clash.

[ MORE: Guardiola bans pizza ]  

The lone goal of a feisty match came in the first half as Gary Cahill headed home Cesc Fabregas’ corner, but the latter was sent off in the second half for an awful lunging tackle on Ragnar Klavan.

There were six yellow cards — five to Liverpool players — dished out in the game in front of 53,117 in California.

Fabregas apologized to Liverpool after the game for his 70th minute tackle (see video below) according to Liverpool boss Jurgen Klopp,

[ MORE: Zlatan reveals MLS offer

Both Klopp and Antonio Conte acknowledged this game was more combative than most friendlies and given the recent history between the two clubs you can understand why.

Chelsea’s new manager was pleased with the reaction of his side when they went down to 10-men but urged his team to play more

“I saw a lot of positive things about the defensive situation but we must improve when we have the ball because I love to play the ball, but we are improving,” Conte said.

Liverpool’s biggest concern was an injury to Marko Grujic who clashed heads with Bertrand Traore and was taken to hospital.

“The biggest problem for me in this moment is that Marko Grujic is in hospital, because he can’t remember anything. That’s not too cool,” Klopp told the media. “Hopefully it’s not too serious. Injuries after games like this in pre-season is the biggest problem obviously.”

Liverpool now head to Santa Clara, Calif. to play against AC Milan on Saturday before flying to St. Louis and playing AS Roma on Aug. 1 on their way back to England. Chelsea will fly to Michigan as they take on Real Madrid at “The Big House” on Saturday.