Italian Serie A football club Udinese is set to proceed with its stadium redevelopment after signing a financing deal with the Istituto per il Credito Sportivo (ICS) – news that owner Gianpaolo Pozzo described as being equivalent to the club winning the league title.

SportBusiness International editor Matt Cutler reports on the ground from Los Angeles in a huge week of sport for the city.

Major League Soccer (MLS) plans to add four new teams by the 2020 season.

English Premier League giant Manchester United's supporters group has received an approval from Trafford Council to make its Old Trafford stadium an asset of community value, reducing the chances of a possible stadium move in the future.

French Ligue 1 side Lyon has been given the green light to begin construction on its long-delayed new stadium plans.

French Football League (LFP) president Frederic Thiriez has insisted that the proposed new 75 per cent tax rate for millionaires in the country could bring about “the death of football in France”.

English Premier League football club Tottenham Hotspur has let head of global partnerships Tracey Keenan go after just over a year in the role to reportedly outsource commercial operations.

Bundesliga champions Bayern Munich’s president Uli Hoeness has been charged with tax evasion following the conclusion of months of investigations into the high-profile case.

One of the key players in the development of Major League Soccer (MLS), Hunt Sports Group, has scaled back its involvement in the league by selling the Colombus Crew franchise to Precourt Sports Ventures (PSV).

The Court of Arbitration for Sport (CAS) has again rejected Spanish La Liga club Rayo Vallecano’s appeal to overturn its exclusion from the UEFA Europa League over unpaid debts.

Operator of the Ricoh Arena, Arena Coventry Limited (ACL), has reportedly offered a reduced rent rate to Coventry City in a bid to keep the English Football League One club at the stadium.

The English Football League has named Shaun Harvey as its chief executive, following a selection process chaired by its independent director Richard Bowker.

English Premier League (EPL) football club Cardiff City has been appointed its club director Mehmet Dalman as its new chairman with immediate effect.

FIFA has appointed branding firm Icon to deliver the signage programme for the 2014 World Cup in Brazil.

Major League Soccer (MLS) club DC United has reached an agreement with the mayor of the District of Columbia, Vincent Gray, to build a soccer stadium in south-west Washington.

Indonesian businessman Erick Thohir is reportedly close to finalising his long-running bid to acquire a majority stake in Italian Seria A team Inter Milan, after flying to the country to hold talks with the club's president Massimo Moratti.

Spanish La Liga club Barcelona has generated a profit after tax of €32 million for the 2012-13 season.