Manchester United in the red again – but confident they’ll escape PSR charge September 11, 2024 English football's profitability and sustainability rules stipulate that clubs may not lose more than £105m over a rolling three-year period.
Premier League makes decision on whether to fight Leicester PSR verdict September 11, 2024 Having lost at appeal, the Premier League's only further possible recourse is to take the matter to arbitration.
Surrey Invincibles? Why Sky Sports could veto Hundred franchise rebrand September 11, 2024 Surrey could find themselves on a collision course with English cricket’s main broadcast partner, Sky Sports, over their desire to take control and rebrand their successful Hundred franchise, Oval Invincibles. Along with the other seven host venues, Surrey are set to be gifted a 51 per cent stake in their franchise by the England Wales [...]
Exclusive: Saracens back Premiership rugby games in USA, league supportive September 10, 2024 The Gallagher Premiership could host matches overseas again after Saracens backed the idea of taking English top-flight rugby back to the United States. Premiership clubs have not played a match in the US since 2017, when just 6,000 fans watched Newcastle Falcons take on Saracens in Philadelphia. But Saracens’ new chief executive Mark Thompson has [...]
Why Todd Boehly has more to lose than Clearlake Capital from a Chelsea sale September 10, 2024 Chelsea shareholder Todd Boehly and his business partners, Mark Walter and Hansjorg Wyss, have more to lose than their fellow owners-turned-rivals Clearlake Capital from the mooted sale of the club. As minority shareholders with Class B shares, the Boehly group would lose a greater percentage of their investment than Clearlake if Chelsea were to be [...]
Arsenal add technology giant to growing sponsor portfolio in multi-year deal September 10, 2024 The multi-year deal also sees Arsenal join the Japan-based global technology company’s group of sports partners.
Exclusive: British Cycling throws weight behind Tour de France host bid September 9, 2024 British Cycling has thrown its weight behind plans to bring the Tour de France Grand Depart back to the UK for the first time since 2014 and insisted it would “love” to stage it in London. Funding body UK Sport identified the 2027 Tour as one which could begin in Britain – with the Tour [...]
Why The Open organisers R&A have swung back to £8.5m profit September 9, 2024 The body recorded a profit after tax of £8.5m for the year ending 31 December 2023, an improvement of more than £10m on its loss of £2.2m in 2022.
Paralympic athletes and sport chiefs call on the nation to build on Paris excitement September 9, 2024 British Paralympic athletes and sporting chiefs have urged the nation to “take the excitement around Paris 2024 forward” and continue on an “upward trajectory” of backing disability sport. The curtain fell on 12 days of para-sport yesterday with a spectacular closing ceremony at the Stade de France in Paris. Paralympics GB finished second in the [...]
Adrian Newey, £30m deal at Aston Martin F1 and why he’s worth it September 9, 2024 With Aston Martin set to announce Adrian Newey’s arrival at the Formula 1 outfit, City A.M. asked paddock insiders whether he was worth his reported £30m package. When you think of glitz, glamour and extortionate amounts of cash in sport Formula 1 is never too far away. The travelling circus is a commercial juggernaut worth [...]