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Administration (British football)
In the United Kingdom, football clubs sometimes choose to enter administration (sanction) when they are unable to pay off outstanding debts. Under the Insolvency Act 1986, a business will face a winding-up order bringing them to court and if it is shown that a business cannot pay debts as they fall due or cannot repay outstanding debts then the company will be classified as insolvent. Ad
BankingAmalgamated Bank
Amalgamated Bank is an American financial institution. It is the largest union-owned bank and one of the only unionized banks in the United States. Amalgamated Bank is currently majority-owned by Workers United, an SEIU Affiliate.
Trading basicsDoing a Leeds
"Doing a Leeds" is an English football phrase which is synonymous with the potentially dire consequences for domestic clubs in financial mismanagement. The phrase arose after the rapid decline of then Premier League club Leeds United, who invested heavily in the late 1990s and early 2000s to attain domestic and lucrative European success, which was capped by high profile appearances in t
Trading basicsMatch fixing
In organized sports, match fixing (also known as game fixing, race fixing, throwing, rigging, hippodroming, or more generally sports fixing) is the act of playing or officiating a contest with the intention of achieving a predetermined result, violating the rules of the game and often the law. There are many reasons why match fixing might take place, including receiving bribes from bookm
FinanceMulti-club ownership
In association football, multi-club ownership (MCO) is a business model in which a single individual or entity holds influence in two or more football clubs, or a club over one or more other clubs. There are multiple different criterion for what makes a club a member of an MCO, but most cover decisive control or influence over a clubs' shares, governance, and/or finances. Two of the larg
FinanceTingo Group
Tingo Group, Inc. (formerly Tingo Inc.) was a publicly traded fintech and agri-fintech conglomerate initially established in Nigeria, with operations across Africa, Southeast Asia, and the Middle East.
Trading basicsTuloy Foundation
The Tuloy Foundation, Inc. is a Philippine charitable organization focused on the marginalized youth. It was founded in 1993 by Marciano G. Evangelista of the Salesians of Don Bosco.