‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Investment case for British Olympic and Paralympic sport is stronger than ever August 21, 2024 UK Sport CEO Sally Munday explains why funding has never been more important for continuing the success of British athletes at the Olympic and Paralympic Games. As the dust settles on the Olympic Games, I reflect proudly on what our British athletes achieved and how their performances touched the nation. And while there is sadness [...]
Cristiano Ronaldo launches own YouTube channel with two-letter name August 21, 2024 Cristiano Ronaldo has today launched his own YouTube channel called UR, promising that it will allow him to “engage further with his global fanbase”. The football superstar is already the most-followed person on social media platforms, a position that has helped to make him the world’s best paid athlete. On his YouTube channel, Ronaldo says [...]
Aston Villa decide against joining Man City in legal challenge to Premier League rules August 21, 2024 Aston Villa are unlikely to follow through with threats from owner Wes Edens to follow Manchester City and mount a legal challenge to the Premier League’s Profitability and Sustainability Rules. The club’s proposal to increase the three-year rolling loss limit from £105m to £135m was defeated at the Premier League’s annual general meeting in June. [...]
In pictures: New stadium set to be world’s biggest and host 2030 World Cup August 21, 2024 The stadium near Casablanca sits under a translucent tented roof made of aluminium lattice and is set to hold a record 115,000 spectators.
Haringey Council hands Tottenham Hotspur huge financial ‘Beyonce boost’ August 21, 2024 Tottenham Hotspur are set for a major financial boost after Haringey Council extended the club’s licence for hosting major non-football events, such as concerts from the likes of Beyonce, from 16 to 32 a year. The club’s commercial income has already trebled from £70m to £228m since their move from White Hart Lane in 2019, [...]
England cricket chiefs using Ratcliffe’s Man United deal to sell Hundred stakes August 20, 2024 Sir Jim Ratcliffe’s purchase of 27.7 per cent of Manchester United is being used by the England and Wales Cricket Board to help market Hundred franchises. The Ineos founder’s stake at Old Trafford is being used as an example of how a minority investor can attain huge influence at a major sporting institution if the [...]
‘Confusing and chaotic’ schedule is threatening future of cricket, union warns August 20, 2024 The global players’ union has launched a major review in a bid to find a way for international cricket and domestic leagues to “co-exist in a clear, coherent calendar”.
Premier League club stripped of licence by Financial Conduct Authority August 20, 2024 Premier League football club Wolves have had their right to offer credit brokering services removed by the Financial Conduct Authority. The regulator took the step of cancelling the club’s Part 4A permission on Friday after concluding that Wolves were not using it. Wolves had held the licence since November 2016 and were warned by the [...]
Second top-flight British basketball team bought by new investors August 19, 2024 The Manchester franchise set to play in Britain’s new Super League Basketball has been bought by the US-based Sherwood Family Investment Office. The group is run by private equity veteran Ned Sherwood and Ben Pierson and will own both the men’s and women’s teams competing in their respective leagues. It comes just days after a [...]
Olympics and Euros fuel spike in pub and bar spending August 19, 2024 Sporting events such as the 2024 Euros and Olympics led to an increase in spending across Britain’s bars and pubs, new data has revealed. Individual spending at bars and pubs rose by 11 per cent compared to last summer as Brits flocked to their local boozers to take in the summer of sport. The number [...]