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Sport Business

  • R360 rugby project fully funded and profitable after a year, say insiders

    June 9, 2025

    The breakaway R360 global club rugby competition has already secured the funding to launch in 2026 and is targeting a profit in its second year, sources close to the ambitious project have told City AM. Organisers of R360 intend to change the face of the sport through franchise ownership, attracting brands not traditionally associated with [...]

  • WhatsApp, Google, Adobe, YouTube investor group buys into US cricket

    June 9, 2025

    Silicon Valley figures from Adobe, YouTube, Google, WhatsApp and Dropbox are among those to have invested in Major League Cricket (MLC) franchise the San Francisco Unicorns. They join figures from TV show The Big Bang Theory, Yodlee, and Menlo Ventures in going into sports ownership. Shantanu Narayen, chairman and chief executive at Adobe, is among [...]

  • Ait-Nouri joins Man City as club splurge ahead of Club World Cup

    June 9, 2025

    Man City’s rebuild is set to cost another £65m with Pep Guardiola’s side completing one of two hopeful new signings ahead of the Club World Cup. The Manchester club last week confirmed the signing of Dutch midfielder Tijjani Reijnders from AC Milan for £46.3m but on Monday landed Algeria international Rayan Ait-Nouri (£31m) from Wolves. [...]

  • Spurs open talks with Brentford over £10m move for Frank

    June 9, 2025

    Spurs are edging towards a replacement for Ange Postecoglou after opening talks with Brentford over head coach Thomas Frank. Tottenham Hotspur sacked Australian Postecoglou just over two weeks after he led them to Europa League glory and Champions League qualification in his second season. And the north London club have their eyes set on the [...]

  • WSL revenues will pass £100m in 2026, says Deloitte

    June 9, 2025

    Total revenues of Women’s Super League (WSL) clubs grew by 34 per cent to £65m in the 2023-24 season and are tipped to hit £100m for the first time next year, says Deloitte. All income streams were up but the biggest increase was a 73 per cent uplift in matchday revenue to £12m, thanks to [...]

  • Can government force £2.5bn Abramovich Chelsea funds to Ukraine?

    June 8, 2025

    Last week the UK government threatened to take Russian oligarch Roman Abramovich to court to make sure the £2.5bn raised from his sale of Chelsea FC went to Ukraine. Abramovich owned Chelsea from 2003 until his forced sale in 2022 following Russia’s illegal invasion of Ukraine. But the proceeds of the sale to a consortium [...]

  • French Open prize money: How much does Roland Garros winner get?

    June 7, 2025

    This weekend sees the crescendo of the French Open, but how much do the men’s and women’s singles champions win at Roland Garros? For those who are unaware, tennis pays its men’s and women’s champions the same at the four grand slams. The Australian Open earlier this year saw winners Jannik Sinner and Madison Keys [...]

  • Aston Villa figure joins LIV Golf League

    June 6, 2025

    Former Aston Villa bigwig Chris Heck has joined LIV Golf as the Saudi Arabia-backed league’s new president of business operations. Heck left Villa this season after a two-year stint that saw the Premier League club reach the Champions League.  It comes as the US Amateur champion Jose Luis Ballester snubbed a spot on the Korn [...]

  • Middlesex members force vote on County Championship and T20 Blast

    June 6, 2025

    Middlesex cricket club have called a Special General Meeting for 26 June after receiving a petition from members demanding they oppose cuts to the County Championship and T20 Blast next season.  The SGM will include a binding vote to determine the club’s position on proposed changes to the domestic schedule, in the first steps of a coordinated attempt by county members to [...]

  • Fifa strengthens Saudi ties as PIF joins Club World Cup sponsors

    June 6, 2025

    Fifa has further strengthened its ties with Saudi Arabia after its Public Investment Fund (PIF) agreed a long-term commercial partnership beginning with this month’s Club World Cup. PIF has become the eighth sponsor of the revamped tournament, joining global brands Visa, Bank of America, Coca-Cola, Hisense, Lenovo, Budweiser and Qatar Airways. Beyond that, the partnership [...]

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