Tuesday briefing: Liverpool’s Michael Edwards steps down as Fenway Sports Group football CEO
Tuesday briefing: Liverpool’s Michael Edwards steps down as Fenway Sports Group football CEO
IMAGO
14 July 2026 - 4:30 AM
Michael Edwards has stepped down as chief executive of football at Liverpool owners Fenway Sports Group (FSG), ending his second spell with the organisation after two years in the role. FSG said in a statement the departure formed part of a “planned transition following the completion of key strategic priorities”.
Edwards returned in March 2024 to oversee Liverpool’s football operations during the transition following Jürgen Klopp’s departure. His appointment also included responsibility for developing FSG’s wider football strategy, with an emphasis on expanding into a multi-club model.
FSG president Mike Gordon said the owners were “naturally disappointed” by Edwards’ decision to leave. In the statement, Edwards said: “Liverpool is in a strong position, with outstanding people, a clear direction and the foundations in place for continued success.”
Multi-club plans did not progress
Edwards first joined Liverpool in 2011 and became sporting director in 2016 before leaving in 2022. He returned after agreeing to lead FSG’s football operations, having identified the group’s multi-club ambitions as a key reason for accepting the newly created position.
During his second spell, FSG assessed potential investment opportunities across Europe but did not complete the purchase of another club. Edwards said the wider project “ultimately evolved differently to how we had originally envisaged”, adding that he was proud of the work undertaken to present ownership with options for the future.
Infantino says FIFA will consider 64-team World Cup
FIFA president Gianni Infantino has said FIFA will examine a proposal to expand the 2030 World Cup to 64 teams after this year's tournament, keeping alive the prospect of a further increase following the move to a 48-team competition for 2026.
Speaking to Swiss broadcaster Blue Sport, Infantino said discussions on the format of the 2030 finals would take place once the 2026 World Cup in the United States, Canada and Mexico had concluded.
An official plan to increase the tournament to 64 teams was submitted by South American confederation CONMEBOL in April 2025. Asked about the idea, Infantino said: “These are all issues that we will be examining after the World Cup.”
Proposal remains under review
FIFA approved the expansion from 32 to 48 teams in 2017, with the enlarged format to be used for the first time at the 2026 finals. Discussions over a further increase began after South American representatives formally raised the issue ahead of the 2030 tournament.
The 2030 World Cup will be co-hosted by Spain, Portugal and Morocco, while the opening matches will be staged in Argentina, Uruguay and Paraguay as part of celebrations marking the competition's centenary. Uruguay hosted the inaugural World Cup in 1930.
PSG close to €100 million-a-year Nike contract extension
Paris Saint-Germain are set to extend their partnership with Nike until 2037 under a new agreement worth €100 million per year, according to L’Equipe. The club’s existing deal with Nike had been due to run until 2032, but revised terms have reportedly been agreed following PSG’s Champions League triumph in 2025.
The new agreement will add five years to the current contract while increasing its annual value from €60 million to €100 million. Negotiations are close to being concluded between the two parties.
The increase would place PSG among the clubs with the highest-value kit supply agreements in football. The financial terms are comparable to Barcelona’s arrangement with Nike.
Jordan partnership continues
The renewed agreement will also maintain PSG’s association with the Jordan brand, which is owned by Nike. The club have worked with Jordan on selected kits and apparel since the partnership began.
PSG will remain the only football club linked with the Jordan brand for the coming seasons.
Netflix, Disney and YouTube eye FIFA World Cup U.S. rights worth up to $2 billion
Netflix, Disney and YouTube are among the media companies interested in acquiring the U.S. rights to the 2030 and 2034 FIFA World Cups, with the combined English- and Spanish-language package expected to attract bids of between $1.5 billion and $2 billion per tournament, CNBC has reported.
FIFA is expected to begin formal discussions with potential media partners within the next three months. The governing body has indicated during preliminary talks that it intends to sell the English- and Spanish-language U.S. rights together rather than as separate packages, marking a change from previous World Cup cycles.
The current agreements run through the 2026 tournament after FIFA extended its deals with Fox and Telemundo in 2015. Fox paid $485 million for the English-language rights, while Telemundo agreed a $600 million deal for the Spanish-language package.
Weigh marquee football investment
Amazon and Apple could also join the bidding process, potentially increasing competition for the rights. Amazon already holds UEFA Champions League rights in the UK, while Apple owns the global media rights to Major League Soccer (MLS).
Netflix, Disney and YouTube view the men’s World Cup as an opportunity to strengthen their streaming platforms. Disney could also broadcast matches on ESPN and ABC, while FIFA has already awarded Netflix the rights to the 2027 and 2031 Women’s World Cups.
FIFA disciplinary chairman ruled alone on Balogun ban waiver
Mohammad al-Kamali, chairman of Fifa’s disciplinary committee, decided on his own to waive Folarin Balogun’s suspension without involving any of the committee’s 17 other members, according to a report from The Times. The decision allowed the USA striker to play in the host nation’s World Cup last-16 match against Belgium.
Al-Kamali imposed a one-match suspension but deferred it for a one-year probationary period. Balogun had been sent off for serious foul play, an offence that would normally result in a two-match suspension under previous World Cup disciplinary cases.
The ruling departed from earlier World Cup disciplinary precedents UEFA criticised the decision, describing it as “unprecedented, incomprehensible and unjustifiable”.
Questions remain over disciplinary process
The decision followed claims by US President Donald Trump that he had spoken to FIFA president Gianni Infantino about Balogun’s red card before the suspension was waived. Trump said he had contacted Infantino regarding the case.
Infantino has acknowledged receiving a call from Trump but said he told the US president that an “independent judicial body” was considering the matter and that it “would be decided in due course by the competent bodies”.
Empoli confirm exclusive talks with American fund over majority takeover
Empoli have confirmed they are in exclusive negotiations with an American investment fund over a potential majority takeover of the club, a move that could bring an end to 35 years of ownership by the Corsi family. In a statement, the Serie B club said an exclusivity agreement had been signed with the prospective investor.
The club did not identify the fund, but discussions are at an advanced stage. The parties are negotiating the size of the investment and the ownership structure, with a significant majority stake expected to form part of any agreement, subject to a final deal being reached.
Empoli did not say whether current owners Fabrizio and Rebecca Corsi would retain operational or representative roles if the transaction is completed.
Infrastructure plans
The potential investment comes as Empoli continue work on infrastructure projects, including the expansion of the club-owned Monteboro training centre and plans to renovate the Stadio Carlo Castellani, which is leased from the local municipality.
The stadium redevelopment is approaching the final approval stage.