The Premier League has found its top-ranked club, the star-studded and highly decorated Manchester City, guilty of artificially boosting financial results by more than £900 million over nine years. The franchise used “sham” contracts to build an unprecedented competitive advantage. The team has until Oct. 2 to respond to the charges.

On today’s Big Take podcast, David Gura and UK-based Business of Sports Editor Giles Turner unpack the cheating allegations against Man City and how the scandal could reshape the entire league.

Read more: Man City Broke Rules With ‘Sham’ Contracts, League Finds

Popular on Bloomberg: Who’s Who at Jane Street

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Host: David Gura; Guest: Giles Turner; Produced by Julia Press and David Fox; Edited by Naomi Shavin; Engineering by Emma Munger.

The Premier League has found its top-ranked club, the star-studded and highly decorated Manchester City, guilty of artificially boosting financial results by more than &pound;900 million over nine years. The franchise used &ldquo;sham&rdquo; contracts to build an unprecedented competitive advantage. The team has until Oct. 2 to respond to the charges.
On today&rsquo;s Big Take podcast, David Gura and UK-based Business of Sports Editor Giles Turner unpack the cheating allegations against Man City and how the scandal could reshape the entire league.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-09-29/man-city-broke-rules-with-sham-contracts-premier-league-finds?srnd=undefined">Man City Broke Rules With &lsquo;Sham&rsquo; Contracts, League Finds</a>
Popular on Bloomberg: <a href="https://www.bloomberg.com/features/2026-jane-street-guide-power-players/">Who&rsquo;s Who at Jane Street</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: David Gura; Guest: Giles Turner; Produced by Julia Press and David Fox; Edited by Naomi Shavin; Engineering by Emma Munger.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

The Man City Scandal Rocking the Premier League

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For the first time since the Oct. 7 attacks, Israelis are headed to the polls. The race is seen as a referendum on Prime Minister Benjamin Netanyahu, who is neck-and-neck with opponent Gadi Eisenkot in the latest polls. 

On today’s Big Take podcast, Bloomberg’s Dan Williams examines the existential questions this election has raised: Will Israelis choose a post-Netanyahu future? And if they do, what would it mean for Israel and for the Palestinian territories?

Read more:
Win or Lose, Netanyahu Has Reshaped Israeli Politics in His Image
Trump’s Endorsement of Netanyahu Falls Flat With Israeli Voters

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For the first time since the Oct. 7 attacks, Israelis are headed to the polls. The race is seen as a referendum on Prime Minister Benjamin Netanyahu, who is neck-and-neck with opponent Gadi Eisenkot in the latest polls.&nbsp;
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Dan Williams examines the existential questions this election has raised: Will Israelis choose a post-Netanyahu future? And if they do, what would it mean for Israel and for the Palestinian territories?
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/features/2026-10-19/netanyahu-risks-israel-election-loss-but-his-iran-gaza-policies-will-continue?srnd=undefined">Win or Lose, Netanyahu Has Reshaped Israeli Politics in His Image</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-20/trump-s-endorsement-of-netanyahu-falls-flat-with-israeli-voters?srnd=undefined">Trump&rsquo;s Endorsement of Netanyahu Falls Flat With Israeli Voters</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>

Benjamin Netanyahu’s Referendum Has Arrived 

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Tesla disclosed this week that it had fallen short of its targets for AI infrastructure spending. Investors didn’t like that. Meta revealed its plans to lay out more than $800 billion on AI infrastructure over the next decade. Investors didn’t like that, either.

On today’s Big Take podcast, why all eyes are on AI spending plans — and which US tech giants’ earnings to watch. Host Sarah Holder is joined by Michael Regan, managing editor for US equities, and Sarah Frier, managing editor for big tech, AI and startups.

Read more: 
Meta Credit Risk Gauge Surges to Record on AI Spending Plans
Meta Falls After Boosting Spending Plans for AI Bet
Tesla’s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: Sarah Holder; Guests: Sarah Frier and Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Emma Munger.

Tesla disclosed this week that it had fallen short of its targets for AI infrastructure spending. Investors didn&rsquo;t like that. Meta revealed its plans to lay out more than $800 billion on AI infrastructure over the next decade. Investors didn&rsquo;t like that, either.
On today&rsquo;s Big Take podcast, why all eyes are on AI spending plans &mdash; and which US tech giants&rsquo; earnings to watch. Host Sarah Holder is joined by Michael Regan, managing editor for US equities, and Sarah Frier, managing editor for big tech, AI and startups.
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-22/meta-credit-risk-gauge-hits-fresh-high-on-ai-spending-plans">Meta Credit Risk Gauge Surges to Record on AI Spending Plans</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-21/meta-boosts-bet-on-ai-with-new-spending-outlook-stock-offering">Meta Falls After Boosting Spending Plans for AI Bet</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-21/tesla-s-third-quarter-earnings-beat-wall-street-estimates">Tesla&rsquo;s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guests: Sarah Frier and Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Emma Munger.

Meta and Tesla Beat Expectations. So Why Are Investors Unimpressed?

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Amid the news that Elon Musk wants to merge Tesla and SpaceX, he has given $445 million to political races in the US midterms. That makes him one of the biggest-ever contributors in US history.  

On today’s Big Take podcast, host David Gura talks to Dana Hull, who covers Musk, and campaign finance reporter Bill Allison, about the impact that money could have on some of the closest races, like the Texas Senate race.

Read more:

Musk Giving Tops $445 Million in Midterm Election Push for GOP
Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race
SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

Amid the news that Elon Musk wants to merge Tesla and SpaceX, he has given $445 million to political races in the US midterms. That makes him one of the biggest-ever contributors in US history.&nbsp;&nbsp; On today&rsquo;s Big Take podcast, host David Gura talks to Dana Hull, who covers Musk, and campaign finance reporter Bill Allison, about the impact that money could have on some of the closest races, like the Texas Senate race.
Read more:
<a href="https://www.bloomberg.com/news/articles/2026-10-23/musk-giving-tops-445-million-in-midterm-election-push-for-gop">Musk Giving Tops $445 Million in Midterm Election Push for GOP</a> <a href="https://www.bloomberg.com/news/articles/2026-10-15/musk-pours-158-million-into-gop-super-pac-for-texas-senate-race?srnd=undefined">Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race</a> <a href="https://www.bloomberg.com/news/articles/2026-10-20/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenue">SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger</a>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

Elon Musk Has Spent More Than $445 Million on the US Midterms

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The Man City Scandal Rocking the Premier League

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