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Sport Business

  • 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 [...]

  • Premier League club owners ahead of 2024/25 season

    August 16, 2024

    The Premier League is back and set to enthral us for yet another season. And with 20 teams eager to win titles and stay in England’s top flight, money talks. While Manchester City faces 115 financial charges and Chelsea passes 40 first team players, City A.M. have taken a look at who owns each Premier [...]

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