Trump order could see spike in Wimbledon and Formula 1 bribes February 16, 2025 Bribes, including tickets to Wimbledon and Formula 1, could spike this year after US President Donald Trump signed an executive order that will halt the prosecution of firms accused of bribery abroad. The Foreign Corrupt Practices Act (FCPA) has been in place since 1977 and has stringently looked down on firms using bribes on government [...]
Sponsors All Blacks could chase after falling out with Man United part-owners Ineos February 15, 2025 Last week it was revealed that rugby giants New Zealand, including the famous All Blacks, were suing sponsors and Manchester United part-owners Ineos. The chemicals firm, co-owned by British billionaire Sir Jim Ratcliffe, stands accused of breaching its sponsorship agreement by failing to pay an installment of a £27m, six-year deal, that was signed in [...]
Hundred: Who are winners and losers from £1bn cricket sale? February 14, 2025 When a collective £975m valuation was placed on the Hundred this month many were surprised a competition in its infancy could fetch such a number. But the franchise competition through, largely, eight 49 per cent stakes being sold by the England and Wales Cricket Board, has exceeded expectations – around £700m was seen as a [...]
Manchester Originals investors ‘happy’ despite missing out on London Spirit February 14, 2025 The owner of Indian Premier League side Lucknow Super Giants, RPSG Group, says it is “extremely happy” to have bought a stake in the Hundred franchise Manchester Originals despite initially bidding for Lord’s-based London Spirit. RPSG was gazumped in the auction of a 49 per cent stake in London Spirit by a consortium of Silicon [...]
Women’s Premier League: Who owns the teams in IPL sibling? February 14, 2025 Amid the hype surrounding the Hundred franchises being sold off to, mostly, Indian or American-Indian investors; the Women’s Premier League (or Women’s IPL) starts today. Having seen its five franchises fetch a collective $572m and media firm Viacom 18 spending over $100m on a five-year broadcast deal, the Women’s IPL is heading into its third [...]
RFU criticised for lack of consultation over bonus row engulfing Sweeney February 13, 2025 An independent review of the bonus controversy engulfing the Rugby Football Union and its chief executive Bill Sweeney has criticised a lack of consultation with the RFU Council. The review, conducted by law firm Freshfields, backed the RFU’s design and implementation of its long-term incentive plan (LTIP), which saw Sweeney receive a £358,000 bonus last [...]
Enhanced Games: Trump invests in ‘doped Olympics’ February 13, 2025 The Enhanced Games, a drug inclusive alternative to the Olympics, has bagged Trump family funding as 1789 Capital leads a new funding round. The venture fund is led by investment bank Farvahar Partners CEO Omeed Malik, vice president JD Vance ally Christopher Buskirk – they co-founded The Rockbridge Network together – and the 47th President’s [...]
PSR is dead, long live PSR: Premier League clubs agree to keep hated rules February 13, 2025 Premier League clubs have agreed to continue with the existing profit and sustainability rules (PSR) for one more season amid concerns over a legal threat from the PFA and the ongoing legal challenges from Manchester City. At a meeting in London earlier today the 20 clubs unanimously agreed to continue trialling new Squad Cost Ratio [...]
Premier League gives green light to semi-automated offsides February 13, 2025 The Premier League has moved a step closer to implementing semi-automated offside technology (SAOT) after announcing it will be trialled in the FA Cup fifth round next month. The introduction of SAOT in the English top-flight was scheduled for last autumn but has been repeatedly held up due to league chiefs’ concerns over its reliability [...]
ECB open to playing Hundred matches overseas after £1bn sale February 13, 2025 The England and Wales Cricket Board (ECB) says it would be open to staging Hundred matches overseas following the sale of stakes in all eight franchises that values them at close to £1bn. The ECB will retain control of the competition but has pledged to engage with its powerful coterie of new investors, who include [...]