The GIST: Ahead of Friday’s start of the NWSL Challenge Cup, Angel City FC co-founder and president Julie Uhrman told SXSW attendees on Sunday that the club has already booked $35 million in sponsorship revenue, despite not yet playing a game.

The GIST: The rollercoaster continues for Chelsea after the U.K. sanctioned club owner and Russian oligarch Roman Abramovich on Thursday. Another major sponsor — Hyundai — is suspending its deal with the club, while regulatory bodies are cutting Chelsea and Abramovich off from funds and power. It takes a village.

The GIST: The U.K. government finally sanctioned Russian oligarch and Chelsea owner Roman Abramovich yesterday in response to Russia’s war on Ukraine. The move, which froze all of Abramovich’s U.K. assets, dramatically impacts club operations and raises questions about Chelsea’s cash flow.

The GIST: In a closely fought election, former USWNT player Cindy Parlow Cone was reelected as U.S. Soccer Federation (USSF) president. She won 52.9% of the weighted vote over Carlos Cordeiro. If that margin seems tight, that’s because it is — it’s the closest margin of victory in federation history.