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Sport Business

  • Brighton post £122.8m profit in record season for Seagulls, Leicester City make loss

    April 2, 2024

    Brighton and Hove Albion yesterday announced a record profit of £122.8m, largely bankrolled by player sales to Chelsea. The Premier League club’s profit represents their most successful season ever. The Seagulls finished sixth in the Premier League last season and qualified for the Europa League. “These accounts will of course catch the eye because of [...]

  • Middlesex chief: Ignoring foreign investment offers for Hundred would be foolish

    April 2, 2024

    The chief executive of Middlesex County Cricket Club says English cricket would be “foolish” to spurn foreign investment interest in The Hundred, as the sport’s chiefs explore the future of the short-form competition. The England and Wales Cricket Board is said to have had a number of discussions with private equity groups and overseas investors [...]

  • Wrexham’s Championship-sized wage bill leads to £5.1m loss

    April 2, 2024

    Borrowings from owners Ryan Reynolds and Rob McElhenney grew to £9m.

  • ‘Deeply dismayed’ Ajax to sack CEO Alex Kroes for alleged insider trading

    April 2, 2024

    Alex Kroes had only been in the job for two weeks.

  • ‘Not our intention’: Adidas and German football chiefs respond to ‘Nazi kit’ row

    April 2, 2024

    The design was called 'very questionable' by historians.

  • Formula 1 owner Liberty revs up motorsport interest with £3bn deal for MotoGP parent Dorna

    April 2, 2024

    F1 owner Liberty Media will takeover the motorcycle racing league MotoGP via a £3bn deal with Bridgepoint and Canada Pension Plan Investment Board.

  • Man United look to poach Southampton director of football

    April 1, 2024

    Manchester United have reportedly made an approach for Southampton director of football Jason Wilcox as the club look to establish a new hierarchy off the pitch after the recent investment from Sir Jim Ratcliffe. The Ineos billionaire completed his purchase of just over 25 per cent of the club earlier this year after the deal [...]

  • Leicester Tigers fined £47,000 for breaching salary cap

    April 1, 2024

    Premiership Rugby club Leicester Tigers have been fined £47,000 for breaching the salary cap in the 2019-2020 season. The club has accepted and paid an overrun tax with the club’s chief executive Andrea Pinchen stating: “While disappointed to again have historic salary cap spending relating to 2019/20 season result in this overrun tax, as was [...]

  • Former Tottenham Hotspur owner Lewis set to be sentenced this week over insider trading

    April 1, 2024

    The former owner of Tottenham Hotspur Joe Lewis is this week set to be sentenced after pleading guilty to insider trading in the United States. The 87-year-old Londoner is due to learn his fate on Thursday 4 April when his sentence is handed down by US district judge Jessica Clarke in New York. He pleaded [...]

  • Can recycled rugby balls help sport’s fast fashion-style dilemma?

    April 1, 2024

    Rugby balls are set to go green after major manufacturer Rhino announced they will produce balls made of recycled rubber. The initiative, which is set to be fully in place by the end of the decade, will look to bring an end to a sport’s version of fast fashion, whereby a high churn culture does [...]

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