Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]
Industry slams Labour government plans for ticket reform January 11, 2025 Leading industry voices have slammed government plans to change the secondary ticketing market in sport, describing proposals as “draconian”. The government on Friday announced plans to tackle touts and potentially further regulate the secondary market following instances of extreme dynamic pricing relating to the sale of Oasis tickets. Measures could include a cap and a [...]
Late Leicester City owner’s family sue helicopter maker for record £2.15bn January 10, 2025 The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn. The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family. They blame helicopter [...]
Abraham and Wilson invest in Andy Murray-backed padel business January 10, 2025 England footballers Tammy Abraham and Callum Wilson have invested in Andy Murray-backed Game4Padel, the biggest UK operator of padel courts. AC Milan striker Abraham and Newcastle United forward were joined by Bournemouth defender Marcus Tavernier in a funding round that values Game4Padel at £27m. Former tennis world No1 Murray and his brother Jamie were among [...]
Over 1m tune in for Tiger Woods hybrid golf show TGL January 9, 2025 Tiger Woods and Rory McIlroy’s debut TGL broadcast peaked at 1.1m viewers in the USA this week. The digital brainchild – in which top golfers team up and compete across both a simulator and a recreated green – kicked off this week and had an average audience of 910,000 across the two-hour show. Reports suggest [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]
Women’s football to lift ban on drinking alcohol while watching matches January 9, 2025 Women’s football is relaxing its rules to let spectators drink alcohol while watching a match – starting later this month. A pilot scheme is being launched in the second-tier Women’s Championship which will see four clubs trial the arrangement for the rest of the season. Drinking alcohol within view of the pitch is banned in [...]
DCMS extends deadline for Grainger’s successor at UK Sport January 9, 2025 Dame Katherine Grainger is proving a hard act to follow as chair of UK Sport. DCMS had intended to close the application process to be her successor earlier this week but has now extended the deadline for the £40,000-per-year, part-time role until 15 January. The decision is understood to have been taken in light of [...]
Wada crisis: US Anti-Doping Agency backs government withholding funds January 9, 2025 The US Anti-Doping Agency (Usada) has insisted it “fully supports” the US government’s call to withhold millions to the World Anti-Doping Agency (Wada). Usada chief executive Travis Tygart said withholding the funds, given the US has been Wada’s biggest funder since its founding, was “the only right choice to protect athletes’ rights, accountability and fair [...]
UK Athletics faces £20m blow after manslaughter charge January 8, 2025 UK Athletics is staring down the barrel of a huge £20m fine after the cash-strapped track and field governing body was charged with corporate manslaughter. The Crown Prosecution Service charged UK Athletics over the death of Abdullah Hayayei, a Paralympian from the United Arab Emirates, after a metal throwing cage fell on him while training [...]