Manchester United takeover could cost $8bn (£6.7bn) but minority sale more likely August 18, 2022 Manchester United’s owners, the Glazer family, are more likely to sanction the sale of a minority stake but such a deal could pave the way for a full buyout costing as much as $8bn (£6.7m). That is the view of sports business experts following a surge in speculation that the Glazers could be persuaded to [...]
Extinction Rebellion activists ejected from Lord’s Cricket Ground after J.P. Morgan protest August 18, 2022 Environmental activists were ejected from Lord’s Cricket Ground after unfurling a banner protesting its ties to J.P. Morgan. Doctors for Extinction Rebellion hung a poster from the top tier of a stand during the first day of the first Test between England and South Africa on Monday. The protest was against J.P. Morgan, which it [...]
Ed Warner: Value of hosting sport found in hearts and minds as well as spreadsheets August 18, 2022 Just what does constitute a sport? Breaking – otherwise known as breakdancing – will debut at the Paris 2024 Olympics. So how about singing with a dose of choreographed body-poppery? The unlikely combination of Vladimir Putin and Sam Ryder is bringing Eurovision to the United Kingdom in 2023. Seven cities – cut from 20 – are [...]
Pandemic widened gap between Premier League and European rivals, says Deloitte August 18, 2022 The pandemic saw the Premier League increase its financial advantage over its rivals in European football, according to a report published today by Deloitte. Despite the almost total absence of ticket revenue as supporters remained locked out of stadiums, Premier League clubs grew revenue during the 2020-21 season and, unlike their competitors, reported improved operating [...]
Ineos boss Sir Jim Ratcliffe wants to buy Manchester United stake August 17, 2022 Billionaire boss of Ineos Sir Jim Ratcliffe wants to buy a stake in football club Manchester United with a view to holding a controlling stake in the Premier League outfit in the future. A spokesperson for the billionaire told The Times: “If the club is for sale, Jim is definitely a potential buyer.” “If something [...]
Premiership club Worcester hit with HMRC winding-up petition, reports suggest August 17, 2022 Premiership Rugby club Worcester Warriors have been hit with a winding-up petition by Her Majesty’s Revenue and Customs, according to reports. A liquidation of the club is sought by the UK tax authority unless a debt is settled for an unpaid tax bill, the Telegraph report. This follows reports in recent months surrounding the late [...]
Shares fly in Manchester United after Musk jokes he’ll buy the team August 17, 2022 Shares in Manchester United surged 17 per cent in pre-marketing trade this morning after Elon Musk joked that he would buy the famous football club.
Ryan Howsam: Why Staysure boss bought Legends Tour and how it can be profitable August 17, 2022 Sports sponsorship usually follows a playbook – Brand X pays to be associated with Team Y or Competition Z – but Ryan Howsam, founder of insurer Staysure, has ripped it up with golf’s Legends Tour. Howsam, a keen golfer in his youth who played off a scratch handicap, got involved with the circuit formerly known [...]
A green and gold decade: Australia prepares for spell as host of sport’s biggest events August 15, 2022 The sun-kissed nation of Australia is about to embark on a decade-long installation as the centre for world sport. Although it was beaten by Qatar to the rights to stage the men’s football World Cup later this year, the country is set to co-host the women’s equivalent as well as Rugby World Cups, a second [...]
Arsenal show what Manchester United are lacking: vision and a whole club’s backing August 14, 2022 Those of a Manchester United persuasion raised on their fierce and at times violent rivalry with Arsenal may not like it, but following their calamitous start to the season it may be worth the former looking at their old adversaries for solutions. Having defined the Premier League around the turn of the millennium, both teams [...]