Ineos and Ratcliffe wait for more sporting success goes on after America’s Cup loss October 20, 2024 In late August City AM asked whether Ben Ainslie and Ineos Britannia could bring the America’s Cup home for the first time in British sailing history. On Saturday we got our answer. No. Emirates Team New Zealand retained the America’s Cup by 7-2 and became the first team to win the Auld Mug on three [...]
Rugby is staring into the abyss when it comes to Gen Z October 19, 2024 Look at rugby in Britain today and objectively try to answer the following questions. Is it appealing to you? Is it sexy enough to invest in? Would I take my kids or young relatives to watch it? These are the questions rugby chiefs will always be grappling with, and good luck to them. But rugby [...]
ECB deadline for expressions of interest in Hundred passes today October 18, 2024 Today is a significant day for cricket and the financial security of the sport in England. Because at some point later today the deadline will pass for official expressions of interest in the eight for sale Hundred franchises. In a fund raise that the England and Wales Cricket Board hopes will generate close to £500m, [...]
Hundred bids close today. Ambani family and Delhi Capitals among parties October 18, 2024 Bidding in the first round of the Hundred auction closes today with the ECB confident that the eight franchises will attract between 60 and 80 bids. City AM has been told that many of the bidders have put in offers for several Hundred franchises however, which the ECB are encouraging in an attempt to inject [...]
Ed Warner: Are we witnessing the slow death of the transfer fee? October 17, 2024 Football transfer fees for superstar players make headlines, but in years to come we may look back on them as a quirk of history, argues Ed Warner. Another international break in the football calendar. Time for managers to fret about risk of injury to “their” players while away on national duty. Chairmen, too, to worry [...]
Football and Formula 1 most popular sports among Gen Z, but not rugby October 17, 2024 Football, running and Formula 1 are the most popular sports among Gen Z adults, but rugby does not feature in the top 15. Analysis by accounting firm EY has unearthed the top 15 sports among adults aged 18-27. Interestingly wellness sports and hiking make the Gen Z list while larger sports such as rugby union [...]
Man Utd deal was win-win for Ratcliffe and Glazers, says Raine Group October 16, 2024 Sir Jim Ratcliffe’s £1.25bn investment in Manchester United was a win for both him and majority shareholders the Glazers, insists the bank which brokered the deal. Ineos tycoon Ratcliffe shelled out for a 27.7 per cent stake in the Premier League football club in December and, in return, took over much of the decision-making from [...]
Ahead of the Game: Manchester City row delays EFL New Deal October 16, 2024 Manchester City’s ongoing legal battle with the Premier League has dealt another blow to EFL clubs, who are fearful of further delays over reaching an increased funding settlement from the top-flight which was billed as the so-called New Deal for Football. The Premier League was pushing its members to agree an £836m package for the [...]
Football injuries cost European clubs £2bn over the last four years October 15, 2024 Injuries across Europe’s top five football leagues cost clubs £2bn over the last four seasons amid growing concerns surrounding player workload. There were 14,292 injuries across the Premier League, LaLiga, Ligue 1, Serie A and the Bundesliga from 2020-21 to 2023-24, according to the Howden Men’s European Football Injury Index. In England, champions Manchester City [...]
Donald Trump’s golf course in Scotland makes 11th consecutive loss October 15, 2024 Donald Trump’s golf course in Aberdeenshire has maintained its positive outlook despite making a loss for an 11th consecutive year. Trump International Scotland has reported a pre-tax loss of £1.4m for 2023, having also lost £738,344 in the prior 12 months. The widening loss comes despite its turnover rising from £3.59m to £37.4m over the [...]