Vinicius joins football’s ownership set by buying Portuguese club February 19, 2025 Real Madrid and Brazil star Vinicius Jr has followed teammate Kylian Mbappe into football club ownership by buying Portuguese second-tier side Alverca. Vinicius is part of a consortium of Spanish and Brazilian investors who have acquired the team from previous owner Ricardo Vicintin in a deal reported to be worth €10m (£8.3m) – approximately equal [...]
Man Utd slump to another loss despite Ratcliffe cost-cutting February 19, 2025 Manchester United have suffered another financial loss after a fall in revenues that reflects the men’s team’s worsening on-field struggles. The club made a loss of £27.7m for the second quarter of their financial year, to 31 December – a 236 per cent swing into the red from the same period in 2023. For the [...]
Arsenal cash in on Champions League return with record revenue February 19, 2025 Arsenal’s return to the Champions League and lucrative new sponsorship deals boosted the club’s revenue by 32 per cent to a record £616.6m last year. The £150m increase came from improved matchday, broadcast and commercial revenues and puts Arsenal behind only Manchester City and Manchester United for income in the Premier League. But £256m of [...]
Ahead of the Game: Tottenham in crosshairs as Ratcliffe eyes more cuts February 19, 2025 Sir Jim Ratcliffe and Ineos are set to continue cutting their investment in sport beyond Manchester United with the company’s commercial deal with Tottenham Hotspur unlikely to be renewed. Spurs signed a five-year contract with Ineos Grenadier as their official 4×4 vehicle partner in 2022, having previously partnered with Ineos Hygienics as official hand sanitiser [...]
Mercedes team reject fears of Ineos Formula 1 exit February 18, 2025 Formula 1 powerhouse Mercedes have been forced to deny that the team’s ownership could shift amid a wave of sporting cuts by co-owners Ineos. The chemicals giant, part-owned by British billionaire Sir Jim Ratcliffe, holds 33 per cent of shares in the Mercedes AMG Petronas F1 Team, with team principal Toto Wolff and the German [...]
NBA breaks rank with NFL and joins X and Truth Social alternative Bluesky February 18, 2025 The NBA has broken ranks with the NFL and established an official presence on Bluesky, the rival social media platform to X. The world’s biggest basketball league launched its account over the last week, though it did not post during its All-Star Weekend. The NBA and some of its teams join Major League Baseball in [...]
Lessons for Man Utd from Everton’s new stadium – by the architect behind it February 18, 2025 The architect behind the new Everton Stadium on marrying history with future and why Manchester United chiefs should take note as they plot an Old Trafford rebuild. American architect Dan Meis knew he was going out on a limb when he submitted his design for Everton’s new stadium. Eschewing the trend for modern spacecraft-like arenas, [...]
Boulter and Raducanu to play historic HSBC Championships at Queen’s Club February 18, 2025 British stars Katie Boulter and Emma Raducanu have joined former world No1 Naomi Osaka and Australian Open champion Madison Keys in committing to the new HSBC Championships at Queen’s Club this summer. Russian world No11 Daria Kasatkina has also signed up to play the event, which sees elite women’s tennis return to the west London [...]
Sweeney should get RFU bonus if he earned it. He didn’t, so shouldn’t February 18, 2025 England Rugby’s CEO Bill Sweeney should get a hefty pay package, but only if the numbers add up. They don’t, so he shouldn’t, argues Matt Hardy Should the chief executive of a major organisation receive a bonus for the work they do? For some it will depend on where they stand on the morality of [...]
Saudi Arabia’s Surj Sports Investment confirms stake in Dazn February 17, 2025 Saudi Arabia’s Surj Sports Investment has confirmed that it has taken a minority stake in streaming platform Dazn and entered into a joint venture aimed at showing more events taking place in the kingdom. The announcement confirms long-running rumours of Saudi investment in Dazn and despite the country’s Public Investment Fund (PIF), of which Surj [...]