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Sport Business

  • RFU hits back at MPs, saying it got no COVID-19 loans from Government

    January 15, 2025

    The Rugby Football Union (RFU) has hit back at MPs after a swathe of parliamentarians demanded government intervention over the “dying” game. English rugby’s governing body has faced widespread criticism over bumper bonuses for chief executive Bill Sweeney while the wider game struggles to find a financial footing. Shadow sports minister Louie French said that [...]

  • Cates to keep Sky Sports role despite getting Match of the Day job

    January 15, 2025

    Kelly Cates is set to keep her role with Sky Sports despite being named as one of three new presenters for Match of the Day, the flagship football show of rival broadcaster the BBC. Cates, who currently anchors Sky Sports’ biggest live Premier League games alongside presenting for BBC Radio 5 Live, will join Mark [...]

  • Tottenham battles Wembley after Benn v Eubank confirmed for April

    January 15, 2025

    The Tottenham Hotspur Stadium is vying with Wembley to be host venue for the much-anticipated British boxing showdown between bitter rivals Conor Benn and Chris Eubank Jr in April. Saudi official Turki Alalshikh confirmed overnight that the fight has been made, more than two years after it was called off at short notice, and will [...]

  • Ahead of the Game: Hundred franchises set to choose their investors

    January 15, 2025

    The eight Hundred franchises have been asked to name and rank at least two preferred bidders from the private investors who have submitted offers for a 49 per cent stake in the third and final round of the auction process which is currently taking place.  All of the Hundred teams attracted multiple bids in the [...]

  • Saudi Public Investment Fund nearing $1bn stake in Dazn

    January 14, 2025

    Saudi Arabia’s Public Investment Fund is nearing a $1bn acquisition of a small minority stake in sport streaming platform Dazn. The London-based rights holder, which enjoys relationships with boxing’s Riyadh Season and a number of the top European football leagues, could potentially see its value pushed into the tens of billions after the injection. It [...]

  • Can Italy’s challenger European rugby project win them a World Cup?

    January 14, 2025

    Rugby authorities in Italy have reportedly submitted plans for a new European rugby competition. But can it be viable, and is the World Cup the end goal? The new president of Italy’s rugby federation, Andrea Duodo, caused a little bit of a stir recently when he confirmed that new proposals for a European club rugby [...]

  • Australian Open NFTs tank in value on non-fungible token marketplace

    January 14, 2025

    NFTs sold by Tennis Australia for nearly £1.5m have tanked in value amid reports the organisation has walked away from its non-fungible token project. More than 9,000 of the NFTs, which are digital images of tennis balls, have shed up to 90 per cent of their value since the launch in 2022 by Tennis Australia. [...]

  • 72% UK sports fans would pay more for tickets if they benefited environment

    January 14, 2025

    Seven in 10 sports fans would be willing to pay more for a ticket to a live event if the extra was used to benefit the environment, according to a new survey. The Sport Industry Report, published today, found that 72 per cent of sport fans it surveyed said they would pay the surplus “if [...]

  • Leicester City still face PSR danger despite Premier League decision

    January 14, 2025

    Leicester City remain on the hook for possible breaches of PSR rules despite the Premier League deciding not to issue charges to any clubs for the period ending last season. Leicester escaped punishment last year despite being charged with overspending for the period ending 2022-23 after they won a legal appeal centred on ambiguity in [...]

  • Rashford exit to cost Man Utd as clubs battles to meet PSR rules

    January 14, 2025

    Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]

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