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Sport Business

  • 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 [...]

  • Tories hit out at government over £3bn gambling tax raid plan

    October 14, 2024

    The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”.  Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]

  • FIfa admits it will have to rewrite football’s transfer rules

    October 14, 2024

    The European Court of Justice ruled this month that Fifa’s existing regulations do not comply with EU law.

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