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    Real Madrid’s Florentino Pérez Is More Powerful Than Ever

    A year after the Super League debacle, Florentino Pérez is back in the Champions League final, having turned a club owned by its members into his personal kingdom.MADRID — Florentino Pérez strode onto the television set looking somber. Though he knew his questioner would be a little more informal — open-necked shirt, blazer — the Real Madrid president had chosen a straightforward black suit for the occasion. He even wore a tie. This was business, not pleasure, serious, not trivial, and Pérez wanted to project that.On the screens behind him, a lurid orange logo depicted a cartoon soccer ball with flames jetting out of its rotating crown.In England, in Italy and particularly in the United States, an assortment of financiers, tycoons and magnates of various stripes — all of them, like Pérez, among the dozen founding members of what would come to be known as the Super League — watched along in horror.The 12 clubs had struggled, in the weeks before going public, to find someone to act as the frontman for their idea. It was a complex, delicate project, one that needed careful presentation. But while none of the American owners of England’s most illustrious teams wanted to take center stage, nor did they believe Pérez, the architect of much of the idea, would come across as authoritative, weighty, persuasive.Pérez was an imperfect spokesman for the Super League, even though he was largely responsible for its creation.Rodrigo Jimenez/EPA, via ShutterstockPérez might occupy an almost unrivaled position of power at home — president of Real Madrid, chairman of one of the world’s largest construction firms, his box at the Santiago Bernabéu a magnet for the great and the good — but abroad he was often seen as bombastic, hubristic, faintly ridiculous. His appearance on “El Chiringuito” — a late-night, low-rent talk show — seemed to confirm his partners’ fears.Within days, the entire project collapsed. And then, only a little more than 12 months later, it all happened again.For four years, Pérez had been trumpeting the idea that Real Madrid would sign Kylian Mbappé, doing everything he could to court the French striker, a boyhood Real fan. The club had squirreled away a considerable portion of its transfer income for Mbappé’s signing-on fee and his salary, and as recently as March, Pérez was making not especially cryptic remarks to the news media suggesting an agreement was imminent.Then, late last week, Mbappé messaged Pérez to thank him for his offer, and inform him that he had chosen to stay at Paris St.-Germain. Pérez had just enough time to alert his team to Mbappé’s change of heart before the 23-year-old Frenchman appeared on the field at the Parc des Princes to celebrate his new three-year contract.Ordinarily, at a club as proud and demanding as Real Madrid, those twin embarrassments would be enough to spark some sense of mutiny. Pérez, though, remains as powerful, as unassailable as ever.Madrid’s fans are accustomed to a certain level of success. David Ramos/Getty ImagesIn part, of course, that can be attributed to the one aspect of the club not under his direct control. Pérez, ultimately, stands or falls on the fortunes of the team. Despite only cosmetic changes to the squad last summer — the additions of Eduardo Camavinga, a young midfielder; the versatile David Alaba; and the reinstatement of Carlo Ancelotti as coach — this has proved, a touch unexpectedly, to be a vintage season for Real Madrid.A team beaten to the Spanish title last season by its in-city rival, Atlético, has been restored — with ease — to its domestic perch. A team that had been knocked out of the Champions League with little fuss by Ajax, Manchester City and Chelsea in the last three years has returned, imperiously, to the final. Only Liverpool, on Saturday in Paris, stands between Real Madrid and a record 14th European Cup.In Karim Benzema, the last man standing from that first wave of signings that heralded Pérez’s return to the Real Madrid presidency in 2009, the club may possess the world’s standout player. In the likes of Vinicius Junior, Camavinga and Rodrygo, there are the green shoots of a new generation starting to sprout. Pérez has overseen it all while reconstructing the Bernabéu, turning it into a slick, state-of-the-art venue, complete with extensive corporate areas and a retractable turf field.Real Madrid beat Liverpool, its opponent on Saturday, in the 2018 Champions League final.Lluis Gene/Agence France-Presse — Getty ImagesBut Pérez, 75, is not as vulnerable to the vicissitudes of form and fate as might be expected of a democratically elected president. Real Madrid is owned by its members, after all, but increasingly it feels like Pérez’s personal kingdom.Last summer, one of the few figures at the club who served as a counterweight to Pérez, the Galáctico player turned Galáctico coach Zinedine Zidane, resigned, claiming the club was “no longer giving me the trust I need.” On his way out the door, Zidane suggested he had not been “valued” as a “human being.”At much the same time, the club captain, Sergio Ramos, was leaving, too. Ramos broke down in tears at the news conference held to confirm his departure, revealing that the club had reneged on the promise of a one-year contract extension. “They never communicated to me that the offer had an expiry date,” Ramos said. “Maybe I misunderstood it.”They are not the only defining figures in Madrid’s modern incarnation to feel a little alienated by Pérez. His relationships with the earlier-era stars Iker Casillas and Raúl Gonzalez, too, have been strained at times (though both have since returned to the club).Pérez, though, is no longer troubled by the risks of crossing revered former players, not now that his dominion over Real Madrid is essentially unassailable, both officially and conceptually.In 2012, he changed the club’s statutes to decree that any candidate for the presidency must have been a member for at least 20 years, and possess a personal fortune equivalent to 15 percent of the team’s revenue.Pérez is the center of attention in his box at the Bernabéu alongside friends, politicians and business associates.Javier Barbancho/ReutersHe claimed, at the time, that it was a necessary measure to prevent Real Madrid from being sold to an overseas investor, but the joke has run, ever since, that candidates for the presidency also must work in construction, have three children and wear size nine shoes. Pérez has contested three presidential elections since. No rival has been able to meet the statutory criteria.More significant, though, he has quashed almost any outlet for criticism. It has been instructive, for example, to read the accounts in much of Madrid’s news media of the Mbappé deal. Rather than a defeat for Madrid, Mbappé’s decision has been cast as that of a mercenary and a traitor, a turncoat who gave his word to Pérez and then betrayed him.Mbappé’s family has been so distressed by that depiction that his mother moved to correct it publicly, asserting on Twitter that her son had never “given his word” to Real Madrid.That he chose “El Chiringuito” for his first appearance to discuss the Super League was not an accident, either. The show regularly features prominent Madrid-supporting journalists who have been known to break down in tears over the club’s successes, or rail against those — Gareth Bale, Eden Hazard — who are deemed to have dishonored the club.The show is not, in that, an outlier. Pérez oversees a vast network of pliant news media, dependent not only on his grace and favor for information and access but cowed, too, by the sheer scale and heft of his business interests. Pérez has always claimed that he is powerful only because he is president of Real Madrid, but that is not quite true. He is powerful in many other ways, too.That has allowed him to run Real Madrid as he sees fit. Despite its size, the club’s hierarchy is relatively tightknit, with many recruitment decisions overseen by Pérez; his chief executive, José Ángel Sanchez; and his chief scout, Juni Calafat. Real Madrid is, in that sense, something of an outlier, almost a throwback, in an era when most of its peers have diversified and deepened their staffs.Pérez would argue, of course, that it works: five Champions League finals in nine years is all the evidence he needs. That, perhaps, is his greatest gift. No matter what he does, no matter how unlikely it seems, Pérez has a remarkable ability to emerge triumphant.This might have been the year that destabilized the kingdom he has so painstakingly built. It may, instead, prove to be the year that cemented it for good. More

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    Inside the Chelsea Sale: Deep Pockets, Private Promises and Side Deals

    Britain’s government has cleared the sale of the Premier League soccer team. But to win approval, the new owners had to agree to a set of unusual conditions.LONDON — The British government on Wednesday gave its blessing to the purchase of Chelsea F.C., one of European soccer’s blue-ribbon teams, by an American-led investment group after deciding it had sufficient assurances that none of the proceeds from the record sale price — $3.1 billion — would flow to the club’s Russian owner.The government’s approval signaled the end of not only the most expensive deal in sports history but possibly the most fraught, cryptic and political, too.In the three months since the Russian oligarch who owns Chelsea, Roman Abramovich, hurriedly put his team on the market, the club’s fate has played out not only on the fields of some of world soccer’s richest competitions but in the corridors of power at Westminster and the soaring towers of Wall Street. And all of it is against the backdrop of crippling financial sanctions imposed after Russia’s invasion of Ukraine.“We are now satisfied that the full proceeds of the sale will not benefit Roman Abramovich or any other sanctioned individual,” the government said in a statement. The path to a deal has entangled a scarcely probable cast of characters — private equity funds and anonymous offshore trusts; lawmakers in Britain and Portugal; an octogenarian Swiss billionaire and the American tennis star Serena Williams; an enigmatic Russian oligarch and a little known Portuguese rabbi — and featured a contested passport, wartime peace talks and even reports of an attempted poisoning.Its end leaves as many questions as answers. All that can be said for certain is that a group led by the Los Angeles Dodgers co-owner Todd Boehly and largely financed by the private equity firm Clearlake will now control Chelsea, a six-time English and two-time European champion, and Abramovich will not.The American investor Todd Boehly leads a group that is now set to complete its purchase of Chelsea.Adrian Dennis/Agence France-Presse — Getty ImagesAbramovich first indicated his intention to sell Chelsea — the most high-profile of his assets by some distance — almost as soon as the Russian army crossed into Ukraine in late February, and only a week before Britain and the European Union identified him as a key ally of President Vladimir V. Putin of Russia and froze his assets.Completing a deal, though, has proved fiendishly convoluted. The final obstacle to a sale was resolved only this week, when lawmakers in Britain were sufficiently satisfied that a $2 billion loan owed to an offshore trust, believed to be controlled by Abramovich, had been cleared. British government officials then tried to reassure their counterparts in Portugal, which had controversially granted Abramovich a Portuguese passport with a rabbi’s help in 2018, and the European Union, which had imposed its own sanctions on Abramovich in March. Both must also approve the sale because of his Portuguese citizenship.But the loan was not the only complication faced by Raine, the New York-based investment bank recruited by Abramovich to handle the sale. The agreement with Boehly’s group came with a web of conditions, some set by the British government, some by Raine and some by Abramovich himself, all of them striking in the context of the sale of a sports team.Better Understand the Russia-Ukraine WarHistory and Background: Here’s what to know about Russia and Ukraine’s relationship and the causes of the conflict.How the Battle Is Unfolding: Russian and Ukrainian forces are using a bevy of weapons as a deadly war of attrition grinds on in eastern Ukraine.Outside Pressures: Governments, sports organizations and businesses are taking steps to punish Russia. Here are some of the sanctions adopted so far and a list of companies that have pulled out of the country.Stay Updated: To receive the latest updates on the war in your inbox, sign up here. The Times has also launched a Telegram channel to make its journalism more accessible around the world.All four prospective suitors identified by Raine as serious contenders — Boehly’s group; one headed by the British businessman Martin Broughton that included Williams and the Formula 1 driver Lewis Hamilton among its partners; another financed by Steve Pagliuca, the owner of the N.B.A.’s Boston Celtics; and one from the Ricketts family, who control baseball’s Chicago Cubs — were asked not only to pay a jaw-dropping price for the team but also to commit to a number of pledges, including as much as $2 billion more in investments in Chelsea.The club’s suitors were told, for instance, that they cannot sell their stake within the first decade of ownership and that they must earmark $125 million for the club’s women’s team; invest millions more in the club’s academy and training facilities; and commit to rebuilding Stamford Bridge, Chelsea’s aging West London stadium.Chelsea’s new owners agreed to several conditions, including sizable investments in the club’s decorated women’s team.Michael Regan/Getty ImagesAt the same time, Abramovich insisted that all the proceeds from the sale would go toward a new charity to benefit the victims of the war in Ukraine. To ensure he does not gain control of that money, the British government will require it first be placed in a frozen bank account that it controls. Only then will it vet all the plans for the fund being drawn up by Mike Penrose, a former head of a branch of the United Nations children’s charity UNICEF, and issue a special license that will allow the charity to take control of the funds.“We will now begin the process of ensuring the proceeds of the sale are used for humanitarian causes in Ukraine, supporting victims of the war,” the government said in its statement.The charity was just one of the peculiarities of the deal arranged by Joe Ravitch, the Raine co-founder who directed the sale.The new owners also will not be permitted to take dividends or management fees or load the team with debt — terms that bankers related to the sale have described as “anti-Glazer clauses,” a reference to the unpopular owners of Manchester United who took control of the club in a leveraged buyout in 2005.Several people close to the process said Boehly’s bid was eventually selected from the group of wealthy suitors because of its willingness to abide by the clauses. (At least one of those people, who worked on the bid backed by Pagliuca, said their group withdrew from the running because of the nature of the conditions.)The Premier League has already signed off on the Chelsea sale, announcing Tuesday that it had vetted and approved the new owners “subject to the government issuing the required sale license and the satisfactory completion of final stages of the transaction.”It is not clear, though, quite what will happen if Boehly and his partners choose to renege on any of the conditions once they have control of the club. Any oversight role will fall on the charity, the only outside entity still inextricably linked to both Chelsea and Abramovich, or the continued influence of two key Abramovich lieutenants who hope to remain in their posts under the new owners.Both of those executives — the club chairman Bruce Buck and Marina Granovskaia, a Russian-born businesswoman who rose from being Abramovich’s personal assistant to the most senior official response for soccer trades at Chelsea — will earn at least $12.5 million for their work on the sale. The commissions to management, totaling as much as $50 million, and the fee to Ravitch, believed to be between 0.5 and 1 percent of the deal’s value, will be paid from the club’s balance sheet and not from the sale funds, according to a person familiar with the structure of the deal.Abramovich on a banner at Stamford Bridge. Beloved by fans for his spending on the team, he is barred from receiving any money from its sale. Clive Rose/Getty ImagesBritish government officials had clashed with Chelsea executives and financiers about creating a legally binding resolution to prevent Abramovich from getting access to the money he so publicly said he was willing to waive.At issue was a company called Camberley International Investments, run by a Cypriot trustee on behalf of what British officials believe was Abramovich and his children. Camberley lent $2 billion to Fordstam, the company through which Abramovich controlled Chelsea, to finance its spending and operations. Camberley’s claim against Fordstam has now been resolved, and its trustee has recently resigned.It was only at that point, with a May 31 deadline for the completion of the sale looming, that Britain’s government moved to approve the deal.For Chelsea’s fans, the sale draws an end to a season that at times blurred into absurdity. The sanctions imposed on Abramovich — and by extension Chelsea — affected everything from the team’s travel to the printing and sale of game programs. Thousands of empty seats dotted Stamford Bridge during games over the final months of the season after a ban on new ticket sales, and roster turmoil loomed because of a moratorium on the signing and sale of players.That will now be lifted, with Chelsea’s players and Manager Thomas Tuchel said to be urgently seeking clarity from Boehly and his group on their plans. At least two key defenders are slated to leave Chelsea this summer, and at least two more players — including the club captain, Cesar Azpilicueta — are expected to follow.Defender Antonio Rüdiger, unable to negotiate a new contract, announced he would leave Chelsea for Real Madrid. Other key players may depart this summer, too.Alastair Grant/Associated PressBoehly, a regular presence at Chelsea games since his takeover was announced on May 6, has broadly said he would like to maintain Chelsea as a major force in soccer. It is unlikely, though, that a group largely backed by a private equity firm will prove quite so indulgent as Abramovich was as an owner.In almost two decades at Chelsea, Abramovich was a familiar but all but silent presence at Stamford Bridge, happy to let his money do the talking. Under his leadership, Chelsea was transformed into a true European superpower, winning five Premier League titles and two Champions League crowns by employing a succession of A-list managers and investing billions of dollars in players.His largess changed Chelsea but also soccer as a whole, ushering in an era of unfettered spending that saw transfer fees and player salaries rise to levels unthinkable only a few years earlier. It also came at a price that Chelsea’s income, no matter how much it grew in those years of plenty, could not match. Throughout his tenure, Abramovich used his vast personal fortune to subsidize losses that ran as high as $1 million a week.Yet just as Abramovich’s arrival in 2003 opened the door to a new era for English soccer, his departure serves as a bookmark, too.While scarcity may explain part of the rush to pay a premium for Chelsea — soccer’s biggest teams are rarely up for sale, after all — it is not clear when, or how, a group of private equity investors who navigated such treacherous, confounding waters to get control of the club can start to realize a return on their investment. More

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    Man City, Liverpool, Tottenham, Arsenal: Premier League Season Hangs on Final Day

    As City and Liverpool take aim at the title and Arsenal and Spurs settle the last Champions League place, Leeds is playing for its Premier League life.From the vantage point of its end, there is something strange and distant — almost alien — about the start of a season. It is only 10 months ago, after all, barely the blink of an eye, and yet beliefs and convictions and truths from back then now seem as archaic as the idea that we once believed you could see the future in the entrails of a goat, or that people carried pagers.It is, for example, not yet a year since Nuno Espirito Santo was chosen as the Premier League’s manager of the month for the start he had made to life in charge of Tottenham Hotspur. Likewise, the idea that Romelu Lukaku “completed” Chelsea’s team, or that Ole Gunnar Solskjaer could deliver a title for Manchester United, or that running a repressive autocracy should prevent you from owning a Premier League team might as well belong to a different world.It may not seem like it, but all of that occurred in the same Premier League season that concludes on Sunday. And while those matters have been settled, countless others have not. As far as we have come, as much as we have learned, very little has yet been decided. There is still no champion crowned, no complete list of teams that have qualified for Europe, no conclusion to the relegation battle. A season can feel like it lasts a lifetime. This time around, it all comes down to one game.

    The TitlePep Guardiola gave Phil Foden and the rest of his team two days off this week.Peter Powell/ReutersPep Guardiola, above all, wants his players to be relaxed. In the aftermath of Manchester City’s draw at West Ham last weekend — the one that effectively guaranteed the identity of the Premier League champion would be decided on the season’s final day — he did not, as might have been expected, haul his squad in for extra work.Instead, with the club’s season now hanging on a single game, he gave them some extra down time. The whole squad was granted two days’ break, a chance to rest and recuperate and escape the pressure. Ilkay Gundogan went off to get married.Guardiola is right, of course, to identify that the test awaiting City is primarily psychological. In ordinary circumstances, it would easily dispatch Aston Villa on home territory: a couple of quick, early goals, a brutal display of superiority, an imperious saunter over the line. The challenge, this weekend, is to make the circumstances appear as ordinary as possible.City does not, as it turns out, have any margin for error. The 14-point advantage over Liverpool it held in January has been whittled to just one. City has had several chances to settle the matter in recent weeks — Riyad Mahrez might have beaten Liverpool in early April; he might have beaten West Ham, too — but it has failed to take them. Now, if Guardiola’s team stumbles again, and Liverpool beats Wolves, the title will go to Anfield.The teams have been in this position before, of course: In 2019, they went into the final day separated by a single point, too.At Anfield that day, a great roar went up when news filtered through that Brighton had taken a first-half lead over visiting City. On the sideline, Jürgen Klopp knew it was “too early.” City duly struck back, emphatically — winning the game by 4-1 and claiming its second successive title. The “intense pride” Klopp felt was tempered only by the knowledge that his team had picked up 97 points and it had still not been enough.Things are a little different this time. Liverpool has already won two trophies this season, sweeping both the F.A. Cup and the Carabao Cup. Just as in 2019, it has a Champions League final on the horizon as solace, too.Liverpool has won two trophies this season and will play for a third in next weekend’s Champions League final.Tolga Akmen/EPA, via ShutterstockMore important, perhaps, its yearning for a domestic title is no longer quite as desperate. It ended its three-decade wait for a championship in the eerie silence of pandemic soccer in 2020. Klopp and his players are more circumspect than they could be in 2019.City’s task is complicated not so much by the nature of its opponent, but by the identity of Guardiola’s counterpart. It is doubtless just a coincidence that it should be Steven Gerrard who should have the final chance to push Liverpool over the line, but soccer does not really do coincidence. Villa has two former Liverpool players — Danny Ings and, in particular, Philippe Coutinho — in its ranks, too. There has been a lot of talk of narrative determinism on Merseyside over the last week.It is City’s great strength, of course, that it rarely succumbs to such superstition. It is more than good enough to swat Villa aside, regardless of Gerrard’s intentions and motivations. Guardiola is well aware, though, that his team will have to be relaxed to do it. No matter how good this City side is, if the outcome is in the balance with 10 or 20 or 30 minutes to go on Sunday, the nerves will start to shred.The Champions LeagueHarry Kane and Tottenham hold the slightest of leads over Arsenal entering the season’s final day,Glyn Kirk/Agence France-Presse — Getty ImagesOf all the issues yet to be resolved, the battle for Champions League places next season is perhaps the most straightforward. In theory, anyway, the identity of the fourth English team to qualify for next season’s Champions League was settled 10 days ago, when Tottenham beat its bitter rival, Arsenal, in the North London derby.That win — followed by a win over Burnley three days later and Arsenal’s defeat at Newcastle on Monday — allowed Spurs to leapfrog Mikel Arteta’s team. It also means Tottenham goes into the final day with a two-point advantage, and a vastly superior goal difference. Simply avoiding defeat in its final game would be enough to ensure its safe passage back into Europe’s elite, and condemn Arsenal to another year on the outside.That should not be too much of an ask: Antonio Conte’s Tottenham faces Norwich City, long since relegated and the proud owner of precisely one league win since January. The outcome of Arsenal’s curtain call, at home to Everton, should be irrelevant. (The squabble over the last slot in the Europa League is almost a mirror image: West Ham will snatch that from Manchester United if it overcomes Brighton and United fails to beat Crystal Palace.)For both Arsenal and Spurs, the immediate future hinges on which side of that divide they finish. Once a mainstay of the Champions League, Arsenal has not featured in the competition since 2017. The club intends to offer Arteta considerable financial support in the transfer market this summer regardless of where the team finishes, but the options it will have for how to spend that money will be defined by whether it is in the Champions League or not.Spurs’ absence is significantly shorter — a finalist in 2019, it has missed only two years — but its return is no less meaningful. A place in the Champions League may be enough to convince its restive coach, Conte, to stay on, not least because it would allow him greater freedom in bolstering his resources. It might also stave off another summer dominated by doubts over where, precisely, Harry Kane sees his future.The DamnedEverton’s win on Thursday meant it was out of the relegation fight.Oli Scarff/Agence France-Presse — Getty ImagesThere is a photo of Dominic Calvert-Lewin, shirtless and smiling beatifically, that just about sums it up. He is standing on the field at Goodison Park, surrounded by fans and by police officers, wisps of smoke passing above his head. His eyes stare into the camera. It is an image of outright salvation.At halftime on Thursday, Everton looked doomed. It was losing at home to Crystal Palace, and the possibility of the club’s first relegation in close to a century was hovering ever nearer. And then, in 45 minutes, Frank Lampard’s team performed a pulse-quickening rescue act. One goal. Another. Then with five minutes to go, Calvert-Lewin launched his body at a cross and headed home a winning goal. Everton had taken it right to the last moment, but it had survived.As fans flooded onto the field at Goodison Park, swarming their heroes and, in at least one incident, using their moment of euphoria to needlessly antagonize Patrick Vieira, the Palace coach, the relegation battle was reduced to two. Watford and Norwich are gone to the Championship next season. One of Leeds United and Burnley will join them.The probability is that it will be Leeds. It travels to Brentford, a place it has not won since the end of rationing in the 1950s. Leeds must, realistically, win and hope that Burnley loses at home to a Newcastle team that has long since fulfilled its ambition for the season.Jesse Marsch and Leeds are almost out of time.Lee Smith/Action Images Via ReutersThe reason for that is significant. Leeds’s form has turned around, just a little, since Jesse Marsch was installed as its coach — replacing the beloved Marcelo Bielsa — at the end of February. Marsch has won three and drawn three of his 11 games, and three of the five defeats he has suffered have come against teams in the top six. The other two came in his first two games.It is the nature of soccer, though, that it will be deemed Marsch’s fault if Leeds slips back to the Championship after two years in England’s top flight, if the return to the elite that the club spent 16 years dreaming of turns out to be nothing but a fleeting visit. That is the nature of management; the ruthlessness of it explains the salary.And yet, if Leeds is demoted, the defining factor will not have been its form under Marsch but its permeability in the last days of Bielsa’s regime. Bielsa lost his last four games by an aggregate score of 15-0. In the space of four days in December, Leeds conceded 11 goals. Its vulnerability, ever since then, has been its goal difference. That is why it is effectively a point behind Burnley even as they are level on points. That, more than anything, is what leaves Leeds United on the brink of the abyss once again, relying on nothing more than hope for salvation. More

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    Kylian Mbappé Will Stay at P.S.G., Rejecting Real Madrid

    The battle to sign the world’s best young player produced dueling offers worth more than $200 million. Mbappé picked the one that will keep him in Paris.Paris St.-Germain has persuaded Kylian Mbappé to sign a new contract, one of the richest in soccer history, that will keep the French striker at the club for the next three years while he pursues a second consecutive World Cup with France and attempts to end the club’s string of failures in the Champions League.His decision, announced by the club Saturday, ended Real Madrid’s hopes of luring Mbappé, arguably the best young player in the world, to the most successful team in European soccer.Real Madrid, a 13-time European champion, had given Mbappé a contract offer that would have made the 23-year-old forward the highest paid player in its history. Its offer included a signing bonus of almost $140 million, a net salary of more than $26 million every season and complete control over his image rights.But P.S.G., the perennial French champion that is bankrolled by gas-rich Qatar, prevented him from leaving as a free agent by offering even better terms. P.S.G. offered a similar fee but a far higher base salary (also after taxes), keeping him on a team that already includes the Argentine star Lionel Messi and the Brazilian forward Neymar, who was acquired by P.S.G. for a world-record fee of $263 million in 2017.The saga surrounding Mbappé’s future had gripped France, and was considered a matter of such national importance that last month the French president, Emmanuel Macron, told a news conference he would do whatever he could to keep Mbappé, considered a national treasure, in the country.P.S.G.’s success in persuading Mbappé to stay is the latest sign that the dominance of global soccer that once rested in the hands of legacy clubs like Real Madrid, Barcelona and Manchester United has now shifted to a few deep-pocketed, Gulf-backed teams.The Spanish league La Liga in a statement called the deal “scandalous,” given P.S.G. had reported large financial losses last season, and said it would file a complaint with European soccer’s governing body, UEFA, as well as other authorities, including the European Union.P.S.G.’s confirmation that it had retained Mbappé came just over a week after Manchester City, owned by the brother of the ruler of the United Arab Emirates, confirmed that it had acquired Erling Haaland — a prolific Norwegian goal-scorer whose signature was considered by many an acquisition as highly sought-after as Mbappé’s.But unlike Haaland, whose contract had to be acquired by Manchester City for an eight-figure transfer fee, Mbappé’s expiring contract in Paris made him a free agent, effectively able to choose from among the highest bidders for his prodigious talents. The unusually brief length of his new contract at P.S.G. — three years — suggests he could already be planning his move, and his next payday.Amid an economic downturn caused by the coronavirus pandemic, few teams but the wealthiest elite have been able to make the type of marquee signings that were once a staple of every soccer off-season. But Mbappé had made no secret of his desire to move to Real Madrid from P.S.G., and the Spanish powerhouse went all out to recruit him. His expiring contract in Paris also meant he was a free agent, available without a multimillion-dollar transfer fee.In addition to the nine-figure signing bonus and the stunning annual salary — a huge offer even by Real Madrid’s standards — the club also was said to have offered Mbappé complete control over his image rights, a lucrative revenue stream that Real Madrid typically shares with its roster of stars.But P.S.G. and its Qatari owners managed to offer an even better deal in a transfer soap opera that has dragged on for more than a year, ever since Real Madrid first tried to extract Mbappé from Paris with the offer of a record transfer fee.Last summer, Real Madrid and its president, Florentino Pérez, were so intent in making Mbappé the centerpiece of the club’s efforts to return to the top of domestic and European soccer that they committed to pay more than $212 million for the forward, even though he would have been available as a free agent again this summer.For P.S.G., retaining Mbappé provides a welcome highlight in a season that has been played against a backdrop of uncertainty after yet another failure in the Champions League. The club was eliminated early in the knockout stages — ironically by Real Madrid, which will face Liverpool for the trophy in the final next Saturday — even though it had added several A-list talents in the preseason, including Messi, who joined from Barcelona on a rich contract of his own.P.S.G.’s strategy of bringing the most exciting talents, whatever the cost, has had mixed results. The team continued its dominance of the French league, the weakest of the five major European competitions, with yet another title this season, but success on the continental stage has continued to elude it, raising questions about the team’s durability in the toughest games.It remains unclear if anything more than an enormous salary increase convinced Mbappé to remain in Paris. He was reported to have been frustrated when P.S.G. rejected Real Madrid’s offers last season, with the P.S.G. sporting director Leonardo saying at the time that Mbappé wanted out.Mbappe has continued to flourish this season, however, leading the French league in goals (25) and assists (17). All the while, Real Madrid had continued to court him, and until late this week the Spanish club was convinced it had finally managed to persuade a player coveted by its president, Florentino Pérez. News media reports in Spain at the start of the week even suggested a deal was done.In recent days, though, that confidence began to evaporate as Mbappé delayed on putting pen to paper. Then, on Friday, Mbappe’s mother, who has been involved in the negotiations, said her son was weighing two offers. Real Madrid’s worst fears were confirmed on Saturday, when Pérez, in Belgrade to follow Real Madrid’s basketball team in a European final, received a message telling him Mbappé had decided to stay at P.S.G.For Mbappé, the deal comes amid major efforts to build his brand away from the field. The striker has spent months in talks with the United States-based talent agency Endeavor to create his own media company that will be modeled on one similar to a business built by the basketball star LeBron James. That new company could lift Mbappé profile, and his wealth, into the same ranks as Messi and Cristiano Ronaldo, superstars whose global stardom now outstrips the sport they play.With both Messi and Ronaldo now in their 30s, it is players like Mbappé and Haaland who will look to dominate soccer’s biggest prizes, including individual honors like the Ballon D’Or, awarded to the world’s best player, and competitions like the Champions League, a trophy both P.S.G. and Manchester City covet, but which neither has won. More

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    As A.C. Milan and Inter Return to Top, San Siro May Be Coming Down

    As he watched the soccer game playing out on television, the Milanese writer and actor Gianfelice Facchetti felt an emotional tug that he thought might be leading him toward his next book.It was during Italy’s first coronavirus lockdown, and Facchetti’s favorite team, Inter Milan, had been forced to play its matches behind closed doors. The decision left its longtime home, the 80,000-seat Giuseppe Meazza Stadium, more commonly known as the San Siro, devoid of atmosphere, and amid the silence Facchetti’s mind began to drift.He thought back not only to fond memories and tense moments in the arena where his father, Giacinto, had represented Inter and Italy but also to news stories that had been circulating for months describing plans by the teams that share the nearly century-old stadium, Inter and A.C. Milan, to abandon the stadium or, worse, demolish it.The San Siro’s contrast of cylindrical towers and long red trusses has admirers among fans and architects alike.Camilla Ferrari for The New York Times“I was thinking, when I started to write: If you want to destroy this place, this special place, it would be helpful to know the history,” Facchetti said.The book that sprang from that first impulse, “Once Upon a Time in San Siro,” was part history and part coping mechanism, Facchetti admits. He and many Inter fans, like those who support Milan, are still coming to terms with the fact that their “seconda casa,” or “second home,” could one day be no more.On the list of sins that stir the emotions of soccer fans, assaults on tradition surely rank near the top, particularly when maximizing revenue is seen as the motivation. Even minor changes, such as a new shirt design or an alteration of a club crest, can be like grabbing soccer’s third rail. For the same reasons, stadiums hold a special place in the minds of many supporters, serving as a physical embodiment of a lifetime of sporting experiences. A club’s decision to replace one, then, can bring not only monumental costs but also howls of protest.Yet replace them they do.From 2010 to 2020, 153 new stadiums were built across Europe, at a reported cost of more than $20 billion. Madrid got one. So did Stockholm and St. Petersburg. London opened two.Only 1 percent of this investment was made in Italy, though. Most professional teams’ stadiums in the country are both antiquated and publicly owned — only two have opened this century. And a new generation of deep-pocketed foreign owners with American tech, finance and retail fortunes are eager to create new revenue streams that they feel their clubs need to compete with richer rivals in England and elsewhere.Luciano owns a truck selling Inter and A.C. Milan merchandise. The latter held off its city rival to claim the Serie A title on Sunday.Camilla Ferrari for The New York TimesChange, though, is not as simple as drawing up plans and digging a stadium-size hole. When Milan and Inter announced their intention to build a new stadium more than three years ago, the subtext was that the San Siro — one of the largest stadiums in Europe and the site of four European Cup finals and matches in two World Cups — was no longer fit for its job in an age of luxury suites and corporate hospitality. Ever since, a debate about the arena’s future has split not only the teams’ wealthy owners and longtime fans but also politicians, preservationists and architects.“Italy is like an open-air museum: We have a lot of heritage,” said Massimo Roj, a Milanese architect and Inter fan who put forward one of the proposed designs for a new stadium in Milan. “We have to think that the San Siro is an old building. Your memory now is there, but, in 10 years time, we’ll be in another stadium, called San Siro again.”The first iteration of the San Siro opened in 1926 and was revolutionary for Italy because it was English in design, featuring four independent stands that sat square to the playing surface and no running track. It was expanded after the 1934 World Cup and again in the 1950s after Inter became a co-tenant.The most recent alteration came before Italy hosted the 1990 World Cup, when the architects Giancarlo Ragazzi and Enrico Hoffer and the engineer Leo Finzi added what became the stadium’s trademark: 11 cylindrical towers with helical ramps that allowed spectators to reach a new third tier. A roof made of red trusses was placed on top, its lines an angular — and to devotees, iconic — contrast to the circular forms that supported them.Yet in the decades after, the need for further refurbishments became increasingly apparent, fans said, as the Italian industrialists who once bankrolled the Milanese clubs sold their teams and Russian billionaires and Persian Gulf petrodollars rewrote the economics of elite European soccer.Many clubs in Serie A, arguably the world’s richest and most attractive league in the 1990s, now face growing debts and unsustainable budgets. Inter, for example, had to break up last season’s title-winning side just to meet its payroll.“In terms of revenues, we have, both Milan and Inter, revenues of around 35 to 40 million euros a year” — roughly $37 million to $42 million — “from the stadium, while our competitors are about €100 million,” the chairman of Milan, Paolo Scaroni, said in an interview. The San Siro reflected in the window of a tram that stops outside. Plans for a new San Siro nearby, and the destruction of the current one, have divided Milan.Camilla Ferrari for The New York TimesThe teams say they initially considered changes to the current San Siro but quickly concluded logistical issues and delays would be too much to overcome. What they have proposed instead is a 60,000-seat arena to be built next door. Once it is constructed, the current San Siro will come down and make way for public space that may include elements of its iconic towers and ramps, according to the designs by Populous, the American architecture firm whose proposal was chosen.“I think these buildings are containers, and therefore the old buildings have such emotion attached to them that the idea that some of it can remain, if it can be there as a marker of history of what was before, is quite a nice idea,” said Chris Lee, a managing director of Populous. “One has to be careful about trying to transfer too much of that, literally, into new buildings, where it can easily tip into the pastiche of trying to recreate a building.”Opposition is to be expected, Lee said. In Milan, it has emerged in various forms.Milan’s mayor, Beppe Sala, while generally supportive of the project, has warned both clubs that the city-owned San Siro would remain until at least 2026, when it is expected to host the opening ceremony of the Winter Olympics.A different group, the Si Meazza committee, has taken a hard-line approach, challenging the mere idea of the demolition of the San Siro, which its most prominent voices — lawyers, concert promoters and former politicians — described as a symbol of Milan known around the world, a stage on which Diego Maradona, Bob Dylan and Beyoncé have performed. Other critics pointed to the ecological impact of tearing down a stadium and highlighted renderings that they argued proved the job could be done for half the cost while saving the original arena.Some fear, though, the die may have been cast: A future without the San Siro received the tacit approval of Italy’s heritage authority in 2020 when it raised no objections to the stadium’s demolition. In November, the project was declared in the public interest (with certain conditions) by city officials.A month later, the clubs chose the Populous design: It features a stadium enveloped by a steel-and-glass galleria, reminiscent of the famed luxury-shopping district in the center of Milan, as the centerpiece of an expansive park on the site.But the legal fight over building any of it may not be over.The stadium has hosted two World Cup and four European Cup finals. Camilla Ferrari for The New York TimesThe next steps for the clubs will be to put their proposals to the public; that is expected to happen this summer. Municipality decisions can be appealed, and other bureaucratic hurdles can take months to resolve, said Scaroni, the Milan chairman. Aware of those potential delays, the clubs have said that they are also considering a Plan B: a site elsewhere in Milan.“More than three years, we are still debating about our master plan,” said Alessandro Antonello, the Inter chief executive. “Unfortunately, yes, we started with a very exciting energy three years ago, and now, after three years, we are still waiting for some answers from the municipality. So, now, for us, the main priority is to build a new stadium, whatever the location.”For opponents like Facchetti, though, the delays are just one more hopeful sign their beloved San Siro might yet be saved. Another good omen, he said, came this spring: His publisher has approved a second printing of his book.“It’s a sign,” Facchetti said. “People still want to speak about the San Siro and its destiny.” More

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    Real Madrid Secures $380 Million From Sixth Street

    The Spanish soccer giant has agreed to a joint venture with the investment firm Sixth Street in which profits from the Santiago Bernabéu Stadium will be shared.Real Madrid, the European soccer behemoth, closed a deal in which the investment firm Sixth Street, based in the United States, will pay about $380 million for a 30 percent stake in the team’s stadium operations.The announcement Thursday came amid growing optimism among executives that Real Madrid, a 13-time European champion, could complete a deal to sign Kylian Mbappé, one of the most sought after players in world soccer, as a free agent on a contract that could make him the highest-paid athlete in Real’s history.Under the terms of the contract, Real, which strolled to a 35th Spanish championship this month, would have no restrictions on how it spends its money. Capturing Mbappé would be a coup for Real, which has been chasing him since failing to persuade his current club, Paris St.-Germain, to accept as much as $200 million for him during last summer’s postseason.The deal between Real and Sixth Street also includes Legends, an American sports event management and hospitality company that is partly owned by Sixth Street. The partnership will last for 20 years and be run through a joint venture that will contain all of Real’s in-stadium income, with the exception of season-ticket sales.The investment is the latest part of Real’s attempts to grow new revenue streams from its celebrated stadium, which is undergoing a $1 billion retrofit, after which games will be played on a retractable field.“The transformation of the Santiago Bernabéu Stadium will be a turning point in the history of Real Madrid,” Real’s president, Florentino Pérez, said in a statement. “This agreement strengthens the club’s goal of continuing to significantly increase the stadium’s revenues from both sporting and other types of events.”While Real remains the dominant player in Spanish soccer and will compete in the Champions League final once more next week, it has been facing pressure to keep up with changing forces in the global soccer landscape. Despite generating more wealth year over year than practically any other soccer team, Real has struggled to compete for the best talent with clubs backed by deep-pocketed Arab states and billionaires. Turning the Bernabéu into what club officials have likened to a version of Madison Square Garden may help it maintain its muscle in the marketplace.The agreement also bears some hallmarks of the one Spain’s domestic league, La Liga, signed with another investment fund, CVC Capital Partners, that Real rejected and is suing against. CVC agreed to part with more than $2 billion in return for almost 10 percent of the league’s broadcast income for 50 years, a price that Real — and the league’s other best-supported team, Barcelona, as well as member-owned Athletic Club from Bilbao — thought was too steep.Real officials have pointed out that unlike that deal, the arrangement with Sixth Street, which also owns a portion of the N.B.A.’s San Antonio Spurs, is limited to the investment fund’s sharing in profits, not revenue, from the venture.“Real Madrid’s Santiago Bernabéu is hallowed ground in the world of football, and we are honored to be joining this partnership to invest in the innovative, long-term strategic vision that has guided the club’s consistent success over its storied history,” said Alan Waxman, a founding partner and the chief executive of Sixth Street.Real benefited from the pandemic by moving to its training stadium at a time when supporters were barred from attending public events. It returned to the arena this season even though construction work continues. The stadium’s refurbishment is expected to be completed in time for the start of the 2023-24 season.The team’s finances are largely under control even though the stadium debt is almost $1 billion. Servicing costs about $40 million a year. The cash infusion from Sixth Street will mean the club’s short-term debt will be wiped out and replaced with $260 million available to spend.Those finances could allow Real to add reinforcements should it manage to secure Mbappé. The striker said recently that he was close to announcing his plans for next season. P.S.G., his current club, has offered him a contract extension worth far more than the offer from Real. But Mbappé has made several comments indicating his desire to play in Madrid, a destination and team that have been magnets for the game’s best talent. More

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    FIFA Picks First Women Referees for Men’s World Cup

    It is the first time that women, three referees and three assistant referees, were selected to officiate games at the top men’s soccer tournament, which will be held in Qatar this year.The Qatar World Cup was always going to be full of firsts: the first time it will be played in the Middle East; the first time it will be played in November and December. Now, it may also be the first men’s World Cup tournament in which a game is refereed by a woman.FIFA on Thursday named three women among the 36 referees chosen to officiate at the event and three more in the group of assistants that will run the line at the monthlong tournament. The most likely candidate among the three to get a starring role is Stéphanie Frappart of France, who has broken a number of barriers in European soccer.Frappart, who made the list alongside female referees from Rwanda and Japan, has a stellar reputation in European soccer as the first woman to referee men in the Champions League, France’s top division and World Cup qualification games. This month, she refereed the final of the men’s French Cup.Frappart was also chosen to join the officiating teams at last summer’s European Championship, but her role was limited to that of fourth official, a function on the sideline between the benches of the opposing teams.In announcing its refereeing choices, FIFA may now look to go one step further. Joining Frappart in the refereeing group are Salima Mukansanga from Rwanda and Yoshimi Yamashita from Japan. They and the other World Cup-bound officials will attend seminars in preparation for the 32-team event.Salima Mukansanga and all of the other referees selected for the pool of officials at the World Cup will be put through a rigorous physical training program.Footografiia/EPA, via Shutterstock“This concludes a long process that began several years ago with the deployment of female referees at FIFA men’s junior and senior tournaments,” said Pierluigi Collina, the chairman of the FIFA referees committee. “In this way, we clearly emphasize that it is quality that counts for us and not gender.”Read More on the World CupAmbitious Goals: FIFA has given up on a plan to hold the World Cup every two years. But its president’s plans for the future are bold.Golden Sunset: This year’s World Cup will likely be the last for stars like Lionel Messi and Cristiano Ronaldo — and a profound watershed for soccer.Senegalese Pride: Aliou Cissé, one of the best soccer coaches in Africa, has given Senegal a new sense of patriotism. Next up: the World Cup.A Controversy: A dispute over a player’s eligibility could alter the qualifying results in South America, with Chile asking for forfeits and Ecuador’s spot in Qatar.North American women have also been selected to participate in the tournament as assistant referees. Kathryn Nesbitt, a regular in Major League Soccer, is joined by Karen Díaz Medina of Mexico. Neuza Back from Brazil is also included.For FIFA, the push to include more women on and off the field has become increasingly urgent amid greater scrutiny of how it manages the sport and a growing global interest in women’s soccer. More money than ever has been invested in developing players and match officials. That, Collina said, should help make the sight, and inclusion, of female referees less of a talking point than it remains today.“I would hope that in the future, the selection of elite women’s match officials for important men’s competitions will be perceived as something normal and no longer as sensational,” he said. “They deserve to be at the FIFA World Cup because they constantly perform at a really high level, and that’s the important factor for us.”Still, the environment and focus on female officials can be exacting. Frappart faced abusive messages on social media before and after she officiated the French Cup game, which was decided after a penalty call.Frappart said before that game that she stayed away from social media and rarely read the press. “Personally, I am focused on what happens on the pitch and don’t pay attention to controversies or discussions about my performances,” she said.That the opportunity for the first female officials to take part in a World Cup is taking place in a conservative Gulf state like Qatar adds to the intrigue. Some establishments and restaurants in the tiny emirate are separated, with groups of men not allowed to enter areas designated for women or families. Stadiums, though, will be open, without such restrictions.Yoshimi Yamashita and the other female officials will be working in an emirate in which some establishments limit contact between men and women.Soe Zeya Tun/ReutersFIFA has become increasingly innovative when it comes to officiating its multibillion-dollar tournament. The last two editions of the tournament featured goal line technology. At the last one, in Russia, FIFA introduced video assistant refereeing, largely without affecting the flow of the game.VAR was also used at the last Women’s World Cup, in France, in 2019, but its use, largely because of running costs, is not yet universal in the sport. For that reason, FIFA said the teams at the controls are mainly drawn from Europe and South America.Choosing referees for the tournament was made harder by the pandemic, and that is also, in part, why FIFA made its announcements earlier than usual. “We want to work even harder with all those who have been appointed for the FIFA World Cup, monitoring them in the next months,” said Collina, a former World Cup final referee. “The message is clear: Don’t rest on your laurels, keep working hard, and prepare yourselves very seriously for the World Cup.”FIFA is also keen to ensure its officials are able to keep up with players who are fitter than ever. For that, the organization said it would provide each official with a plan to follow to arrive in Qatar in peak form. “Each match official will be carefully monitored in the next months with a final assessment on technical, physical and medical aspects to be made shortly before the World Cup,” Massimo Busacca, FIFA’s director of refereeing, said.But for all the work, all the focus, a referee’s fate could be defined by one bad call.“We can’t eliminate all mistakes, but we will do everything we can to reduce them,” Busacca said. More

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    U.S. Soccer and Players Guarantee Equal Pay in New Contracts

    Landmark labor agreements with members of the men’s and women’s national teams will include higher paychecks and shared World Cup prize money.As the women’s soccer stars stared at their laptop screens Monday night and the new labor deal was explained to them, the numbers just kept climbing. A few thousand dollars here. Tens of thousands of dollars there. Pretty soon, the figures had crossed into the millions.What they added up to, the players all knew, was something many of them had chased for most of their careers: equal pay.That reality arrived Wednesday in landmark contracts with the U.S. Soccer Federation that will guarantee, for the first time, that soccer players representing the United States men’s and women’s national teams will receive the same pay when competing in international matches and competitions.In addition to equal rates of pay for individual matches, the deals include a provision, believed to be the first of its kind, through which the teams will pool the unequal prize money payments U.S. Soccer receives from FIFA, world soccer’s governing body, for their participation in the quadrennial World Cup. Starting with the 2022 men’s tournament and the 2023 Women’s World Cup, that money will be shared equally among the members of both teams.“No other country has ever done this,” U.S. Soccer’s president, Cindy Cone, said of the deal to equalize World Cup payments. “I think everyone should be really proud of what we’ve accomplished here. It really, truly, is historic.”U.S. Soccer’s president, Cindy Parlow Cone, a former national team player who helped guide the national teams to a deal, with President Biden at an Equal Pay Day event in March.Nicholas Kamm/Agence France-Presse — Getty ImagesThe agreements were reached just over six years after a group of stars from the World Cup-winning U.S. women’s national team began a campaign to overcome what they said was years of wage discrimination by U.S. Soccer against its female players. The players argued that they had been paid less than their male counterparts for decades even as they won world championships and Olympic gold medals.The fight over per diems and paychecks eventually morphed into a federal lawsuit in which the women accused U.S. Soccer of “institutionalized gender discrimination.” While the women lost in federal court in 2020, when a judge ruled against their core claims, they eventually won their equal pay victory at the negotiating table, with a final assist from the men’s team.It was the men’s team’s players, in fact, who opened a pathway to a deal late last year when they privately agreed to share some of the millions of dollars in World Cup bonus money that they have traditionally received by pooling it with the smaller payments the women receive from their own championship.That split could see the two teams pool, and share, $20 million or more as soon as next year. That will be in addition to match payments that are expected to average $450,000 a year — and double that, or more, in years when World Cup bonus money is added.For the women’s team’s players, Wednesday’s agreements were as much a relief as a triumph. Becky Sauerbrunn, one of the five players who signed the original complaint in 2016, admitted, “It’s hard to get so, so excited about something we should have had all along.”Through the years, as the sides battled in courtrooms and negotiating sessions, the dispute produced sometimes caustic — and personal — disagreements about personal privacy, workplace equality and basic fairness, and drew support (and second-guessing) from a disparate chorus of presidential candidates, star athletes and Hollywood celebrities — not all of them supportive of the women’s campaign for pay equity.The difference in compensation for men and women has been one of the most contentious issues in soccer in recent years, particularly after the American women won consecutive World Cup championships, in 2015 and 2019, and the men failed to qualify for the 2018 tournament. Over the years, the women’s team, which includes some of the world’s most recognizable athletes, had escalated and amplified its fight in court filings, news media interviews and on the sport’s grandest stages.The dispute had always been a complex issue, with differing contracts, unequal prize money and other financial quirks muddying the distinctions in pay between the men’s and women’s teams and complicating the ability of national governing bodies like U.S. Soccer to resolve the differences.Yet the federation ultimately committed to a fairer system. To achieve it, U.S. Soccer will distribute millions of extra dollars to its best players through a complicated calculus of increased match bonuses, pooled prize money and new revenue-sharing agreements. These agreements will give each team a slice of the tens of millions of dollars in commercial revenues that U.S. Soccer receives each year from sponsors, broadcasters and other partners.The U.S. women’s soccer team amplified its equal pay message on the way to winning the 2019 Women’s World Cup.Calla Kessler for The New York TimesLabor peace will be expensive: U.S. Soccer has committed to single-game payments for most matches of $18,000 per player for games won, and as much as $24,000 per game for wins at certain major tournaments — cementing the status of the U.S. men and women as two of the highest-paid national teams in the world. And the federation will surrender to the men and women on those teams 90 percent of the money it receives from FIFA for sending teams to the next two World Cups.The split of prize money, then, is a notable concession by the American men, who have previously been awarded the bulk of those multimillion-dollar payments by U.S. Soccer, and a potential seven-figure windfall for the women. The 24 teams at the 2019 Women’s World Cup in France, for example, competed for a prize pool of $30 million; the 32 men’s teams that will compete in Qatar in November will split $450 million.Timeline: U.S. Women’s National Soccer Team’s Fight for Equal PayCard 1 of 11A six-year legal battle. More