Real beat Man Utd in rich league

Manchester United have come second in the list of the world's richest football club, while Real Madrid stay on top for the fourth year in a row.

Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions.The authors said that United would have been top of the Money League if the pound was still at June 2007 levels.Chelsea, Arsenal and Liverpool are fifth, sixth and seventh respectively.United won the English Premier League and UEFA Champions League in 2008, posting a significant 21% pound-denominated revenue growth.The list had been headed by Manchester United for eight years until Real Madrid deposed them.

The other English clubs in the top 20 are Tottenham Hotspur (14th), Newcastle United (17th) and Manchester City (20th).All the top 20 clubs represent Europe. Germany and Italy have four clubs each in the top 20, Spain and France have two clubs each.Fenerbahce became the first Turkish club to enter the top 20 since the creation of the list of the world's richest clubs in 1996/97. Germany's Bayern Munich climbed three places to fourth, returning to the top five for the first time in five years.

Chelsea sacks SCOLARI...

The manager of the Chelsea football club Luiz Felipe Scolari was sacked by the Chelsea board after the teams poor performance during its last few premier league matches.
A statement on the club's website revealed the move had been made "to maintain a challenge for the trophies we are still competing for"..."Luiz Felipe Scolari has been dismissed as manager of Chelsea Football Club with immediate effect," read the statement. "The Chelsea board would like to place on record our gratitude for his time as manager"..
Last Saturday the draw against Hull City saw the downfall of Scolari. As for the time being the team will be led by assistant Ray Wilkins on an interim basis. Chelsea are 7 points behind the leaders Machester United at 4th place.