Britain Soccer Premier League

Glazer family to make $150 million in Manchester United stock sale

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The family of late Manchester United owner Malcolm Glazer is set to make a lot of money by selling off more shares of the Premier League club, while a club document warns that the Red Devils new deal with adidas would lose value if the club misses the Champions League in successive seasons.

The BBC is reporting that the Glazers will open up another five percent of the club on the New York Stock Exchange. The sales would net them an expected $150 million, meaning 15 percent of the club would be publicly-owned.

[ MORE: United inks massive post-Nike deal with adidas ]

The family would still own over 80 percent of the club after the sale of eight million shares.

From the BBC:

Manchester United’s US owners are set to pocket about $150m (£88.7m) by selling more of their shares in the club on the New York Stock Exchange.

The deal comes two months after Malcolm Glazer died. His six grown children control the club.

The latest share sale was announced on a day when United shares closed at $19.31 apiece.

Cue the family lambasting from England and abroad, as this news comes on the heels of a club prospectus warning against missing UEFA Champions League football in the future:

“Because of the prestige associated with participating in the European competitions, particularly the Champions League, failure to qualify for any European competition, particularly for consecutive seasons, would negatively affect our ability to attract and retain talented players and coaching staff, as well as supporters, sponsors and other commercial partners.

‘Failure to participate in the Champions League for two or more consecutive seasons would also reduce annual payments under the recently announced agreement with adidas by 30 per cent of the applicable payment for the year in which the second or other consecutive season of non-participation falls.”

From Sky Sports:

 

 

VIDEO: Gary Cahill scores shocking own goal to give Man City lead

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Gary Cahill, sort your feet out.

As Jesus Navas’ right wing cross came into the box, Chelsea’s captain for the day got his feet all wrong. Instead of clearing the ball with his left foot, he took a swipe at a clearance with his right and the ball hooked off his right and into the far corner of his net.

1-0 to Manchester City right on half time.

A nightmare end to a promising first half for Chelsea, and for Cahill…

Click play on the video above to see the horror own goal go in.

Watch Live: Manchester City vs. Chelsea (Lineups, Live Stream)

LEICESTER, ENGLAND - SEPTEMBER 20:  Cesc Fabregas of Chelsea celebrates victory after the EFL Cup Third Round match between Leicester City and Chelsea at The King Power Stadium on September 20, 2016 in Leicester, England.  (Photo by Julian Finney/Getty Images)
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Manchester City welcome Chelsea to the Etihad Stadium on Saturday (Watch live, 7:30 a.m. ET on NBCSN and online via NBCSports.com) as two Premier League title contenders collide.

On the sidelines Pep Guardiola and Antonio Conte lock horns for the first time in England and in fact, the first-ever time as opposition managers as two of the great minds in the game today.

WATCH LIVE ONLINE HERE

On the pitch Diego Costa and Sergio Aguero are joint-top goalscorers in the PL and it should be an intriguing tactical battle with Conte playing a 3-4-3 and Guardiola able to mix-and-match his formations and a gesture or whistle.

It is still early days in both of their projects but plenty of promising signs have already emerged with Chelsea currently on a seven-game winning streak which sees them sit to of the table, while Man City sit one point behind them in third place.

In team news for this clash, Guardiola starts with a very attacking lineup and three men in defense.

Chelsea bring in Cesc Fabregas for Nemanja Matic in central midfield in their only change to the lineup for their last seven games. Fabregas last played in September in the defeat at Arsenal.

LINEUPS

Manchester City: Bravo; Otamendi, Stones, Kolarov; Fernandinho, Gundogan, Navas, Sane; De Bruyne, Silva, Aguero. Subs: Caballero, Sagna, Zabaleta, Clichy, Fernando, Toure, Iheanacho

Chelsea: Courtois; Azpilicueta, David Luiz, Cahill; Moses, Kante, Fabregas, Alonso; Pedro, Diego Costa, Hazard. Subs: Begovic, Ivanovic, Aina, Chalobah, Oscar, Willian, Batshuayi

Peru extradites ex-soccer boss to US on bribery charges

ZURICH, SWITZERLAND - OCTOBER 13: A FIFA logo next to the entrance during part I of the FIFA Council Meeting 2016 at the FIFA headquarters on October 13, 2016 in Zurich, Switzerland. (Photo by Philipp Schmidli/Getty Images)
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LIMA, Peru (AP) Peru has extradited the country’s former soccer boss to the United States for his alleged involvement in a multibillion-dollar FIFA bribery scandal involving marketing and broadcasting rights.

Manuel Burga was sent to New York on a commercial flight before dawn on Friday.

He has been in jail since December 2015 as part of the investigation. Peru’s Supreme Court in June cleared the way for his extradition and President Pedro Pablo Kuczynski signed a decree authorizing the move a week ago.

Burga oversaw Peru’s football federation for more than a decade until 2014. He has denied any wrongdoing.

San Jose Earthquakes release Clarence Goodson, eight others

San Jose Earthquakes forward Quincy Amarikwa (25) is mobbed by teammates after scoring against the Portland Timbers during the first half of an MLS soccer match Sunday, March 13, 2016, in San Jose, Calif. (AP Photo/Marcio Jose Sanchez)
AP Photo/Marcio Jose Sanchez
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While the battle for MLS Cup 2016 has been dwindled down to two sides, the rest of the league continues to make roster transactions in preparation for next season.

[ FOLLOW: All of PST’s MLS coverage ]

The San Jose Earthquakes announced on Friday that the club has exercised options on six players, including goalkeeper David Bingham, Fatai Alashe, Kip Colvey and Victor Bernardez.

Additionally, the Earthquakes have released nine players, including U.S. Men’s National Team defender Clarence Goodson, Marc Pelosi and Tommy Thompson, however, the latter two are reportedly in talks to return to the club in 2017.