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Sport Business

  • Manchester Originals investors ‘happy’ despite missing out on London Spirit

    February 14, 2025

    The owner of Indian Premier League side Lucknow Super Giants, RPSG Group, says it is “extremely happy” to have bought a stake in the Hundred franchise Manchester Originals despite initially bidding for Lord’s-based London Spirit. RPSG was gazumped in the auction of a 49 per cent stake in London Spirit by a consortium of Silicon [...]

  • Women’s Premier League: Who owns the teams in IPL sibling?

    February 14, 2025

    Amid the hype surrounding the Hundred franchises being sold off to, mostly, Indian or American-Indian investors; the Women’s Premier League (or Women’s IPL) starts today. Having seen its five franchises fetch a collective $572m and media firm Viacom 18 spending over $100m on a five-year broadcast deal, the Women’s IPL is heading into its third [...]

  • RFU criticised for lack of consultation over bonus row engulfing Sweeney

    February 13, 2025

    An independent review of the bonus controversy engulfing the Rugby Football Union and its chief executive Bill Sweeney has criticised a lack of consultation with the RFU Council. The review, conducted by law firm Freshfields, backed the RFU’s design and implementation of its long-term incentive plan (LTIP), which saw Sweeney receive a £358,000 bonus last [...]

  • Enhanced Games: Trump invests in ‘doped Olympics’

    February 13, 2025

    The Enhanced Games, a drug inclusive alternative to the Olympics, has bagged Trump family funding as 1789 Capital leads a new funding round. The venture fund is led by investment bank Farvahar Partners CEO Omeed Malik, vice president JD Vance ally Christopher Buskirk – they co-founded The Rockbridge Network together – and the 47th President’s [...]

  • PSR is dead, long live PSR: Premier League clubs agree to keep hated rules

    February 13, 2025

    Premier League clubs have agreed to continue with the existing profit and sustainability rules (PSR) for one more season amid concerns over a legal threat from the PFA and the ongoing legal challenges from Manchester City. At a meeting in London earlier today the 20 clubs unanimously agreed to continue trialling new Squad Cost Ratio [...]

  • Premier League gives green light to semi-automated offsides

    February 13, 2025

    The Premier League has moved a step closer to implementing semi-automated offside technology (SAOT) after announcing it will be trialled in the FA Cup fifth round next month. The introduction of SAOT in the English top-flight was scheduled for last autumn but has been repeatedly held up due to league chiefs’ concerns over its reliability [...]

  • ECB open to playing Hundred matches overseas after £1bn sale

    February 13, 2025

    The England and Wales Cricket Board (ECB) says it would be open to staging Hundred matches overseas following the sale of stakes in all eight franchises that values them at close to £1bn. The ECB will retain control of the competition but has pledged to engage with its powerful coterie of new investors, who include [...]

  • Ambanis and Boehly: Who owns the Hundred teams after £975m sale?

    February 13, 2025

    With the sale of Southern Brave confirmed on Wednesday, all eight of the England and Wales Cricket Board’s 49 per cent stakes in Hundred franchises have been sold. Sellers, counties and buyers will now enter into exclusive negotiations on the details but it is expected to run, mostly, without a hitch. The valuations placed on [...]

  • Keely Klassic: Why I’m rooting for Hodgkinson’s ambitious showcase

    February 13, 2025

    What the Keely Klassic lacks in spelling, Hodgkinson’s mash-up of athletics and entertainment makes up for in forward thinking, writes Ed Warner. “Some are born great, some achieve greatness, and some have greatness thrust upon them.” Keely Hodgkinson may not have nailed greatness just yet, but if she does secure that status it will likely [...]

  • Everton sponsor Stake to leave UK after gambling probe into porn ad

    February 12, 2025

    Club officials of Everton, Nottingham Forest and Leicester City could run the risk of imprisonment or fines after Stake became the latest gambling firm to lose its UK licence after a probe into a porn ad on social media. The Gambling Commission will write to Everton – sponsored by Stake – as well as Nottingham [...]

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