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...total of $5.2 billion in 2008 according to UEFA, the sport's governing body in Europe - more than all the clubs in the continent's other top divisions combined. (Debt-ridden Portsmouth, one of two Premier League teams not included in UEFA's sums, in February became the top flight's first franchise to fall into bankruptcy.) The leveraged buyouts by American investors of top clubs Manchester United and Liverpool, meanwhile, were "acting principally as a burden" on those clubs, UEFA added in the recent report, "rather than to support investment or spending." That's because the new owners piled...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

...Kotryna Toropovaite, April 15 was meant to begin with a flight and end with a joyous reunion. After months of back-and-forth traveling between Vilnius, Lithuania, and London, the Lithuanian lawyer was finally moving to Britain to live with Eric, her boyfriend of eight months. Distance has never stood in the way of their love, but for the time being, a toxic plume of volcanic ash most certainly is. "All the flights are canceled from Vilnius to northern Europe," she says, after spending hours researching travel alternatives. "I could take a bus, but that will take 39 hours...

Author: /time Magazine | Title: Air-Travel Chaos Spreads as Volcano Ash Lingers | 4/16/2010 | See Source »

...Thousands of stranded passengers share Toropovaite's frustration. The eruption of a volcano beneath Iceland's Eyjafjallajokull (pronounced ay-yah-FYAH-plah-yer-kuh-duhl) glacier has caused the biggest flight disruption since the Sept. 11 terrorist attacks, derailing plans for business travelers, tourists and even European royalty. The high-altitude cloud of smoke - tiny particles of rock, glass and sand, contained in the ash cloud, that can clog an aircraft's ventilation holes and stall its engines - continues to spread across northern and central Europe, forcing aviation officials to ground airplanes from London to Hong Kong to New York...

Author: /time Magazine | Title: Air-Travel Chaos Spreads as Volcano Ash Lingers | 4/16/2010 | See Source »

Police in Tennessee haven't decided yet whether to file criminal charges against Hansen, whose attorney says she won't talk to investigators unless formally charged with a crime. Artyom's adoptive grandmother, who placed the boy on the flight to Russia, told the Associated Press he was violent and threatening to burn his house down...

Author: /time Magazine | Title: Russian Adoption: What Happens When a Parent Gives Up? | 4/14/2010 | See Source »

Under the constitution, new presidential elections will have to be held, and replacements will also need to be found for the chief of Poland's military and the deputy minister of foreign affairs, as well as scores of other officials who were on that flight. How the tragedy will effect relations between Poland and Russia will depend a lot on how Russia handles the investigation of the crash alongside Polish authorities. For his part, Putin is traveling to Smolensk on Saturday to help oversee the inquiry and meet with Tusk, who has also said he is coming to the scene...

Author: /time Magazine | Title: Plane Crash Kills Polish President: A Blow to Russia-Poland Relations | 4/10/2010 | See Source »

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