Here’s what’s going on in the soccer industry this morning…
- Future UEFA presidents will be limited to a maximum of three terms and a total of 12 years in the job, European soccer’s governing body said on Thursday, after its executive committee approved a set of governance reforms.
- Saudi Arabia’s Jadwa Investment, one of the country’s largest privately owned investment bank, has been appointed to advise on the privatisation of as many as five soccer clubs in the Saudi Professional League.
- English soccer club Manchester United (MANU.N) said it was on course to meet its full-year financial targets as it posted an 18 percent rise in second-quarter revenue despite its absence from the lucrative Champions League.
- English soccer’s governing body faces a vote of no confidence in Britain’s Parliament on Thursday over its failure to reform and embrace diversity.
- An internal investigation of world soccer’s governing body has uncovered wrongdoing that extends beyond the corruption alleged last year by U.S. prosecutors.
- Bastian Schweinsteiger’s return to Jose Mourinho’s first-team squad at Manchester United has now been confirmed on the club’s balance sheet, with the former Germany captain reinstated as an “exceptional” item at a cost of £4.8 million.
- UEFA President Aleksander Ceferin has said Europe will ask FIFA for at least 16 places in the expanded 48-team World Cup.
- In a significant twist to the Millwall FC land-grab debacle, the Guardian has learned the foundation at the heart of the scheme was told in 2014 to stop making the false funding claims that have helped puncture the project – but still carried on claiming to have a £2m “pledge” until January this year.