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      Dispatch from Davos: This is Trump’s town

      DAVOS, SWITZERLAND - JANUARY 26: The Alpine ski resort of Davos where the World Economic Forum is taking place January 26, 2008 in Davos, Switzerland. Some of the World's top business people, heads of state and representatives of NGOs will meet at the forum until Sunday. (Photo by Jeff J Mitchell/Getty Images)

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Sport Business

  • Premiership Rugby salary spend hit £100m season before three clubs went bust

    October 17, 2023

    Premiership rugby club salary spending rose to £100m in the season before three clubs folded, the league’s latest report into wages shows. The amount spent on senior salaries saw an increase from £94m in 2020-21 to £100m in 2021-22 in the latest figures released today by Premiership Rugby. The rise represents a larger increase, £6m, [...]

  • Mahomes, Kelce, McIlroy and others pump £200m into F1 team Alpine

    October 17, 2023

    Sporting stars including Kansas City Chiefs quarterback Patrick Mahomes and former world heavyweight boxing champion Anthony Joshua have invested £173m in Formula 1 outfit Alpine. The team confirmed in June that a 24 per cent stake had been sold to investors made up from Orto Capital, RedBird Capital Partners and Maximum Effort Investments, which included [...]

  • Delighted: Sporting chiefs thrilled with 2028 Olympics inclusion

    October 17, 2023

    United Kingdom chiefs of the newest Olympic Games sports have expressed their delight at the breakthrough call which will see them feature in Los Angeles in 2028. Squash, cricket, flag football, lacrosse and baseball-softball will join the Olympics roster in five years time as the Games return to the United States for the first summer [...]

  • 777 Partners “right people” for Everton, says Moshiri

    October 16, 2023

    Prospective Everton owners 777 Partners “the right people” to take over the Merseyside club, according to the team’s majority shareholder Farhad Moshiri. The British-Iranian businessman has agreed a deal with 777 Partners for the US investment firm to buy his 94 per cent stake in the Toffees but there have been concerns over the deal. [...]

  • Manchester United share price slumps after potential Ratcliffe minority stake bid

    October 16, 2023

    Manchester United’s share price has slumped today with news of a potential minority investment from chemical company Ineos owner Sir Jim Ratcliffe. Shares on the New York Stock exchange opened at $18.22 but are hovering around 12 per cent lower, below $18 per share, as the likelihood of a majority takeover of the Manchester club [...]

  • Talor Gooch loses play-off but wins £17m at LIV Golf Jeddah

    October 15, 2023

    Gooch lost to Brooks Koepka in a play-off but still finished top of the season standings.

  • Manchester United: Five questions as Sir Jim Ratcliffe nears £1.3bn deal

    October 15, 2023

    A year after declaring his interest in buying Manchester United, Sir Jim Ratcliffe looks set to get his way – sort of – via a £1.3bn minority investment that appears to have won the Glazer family’s approval and could be sealed this week.  But while the deal promises to bring an end to the saga [...]

  • Sir Jim Ratcliffe set to pay 100 per cent premium for Manchester United stake

    October 15, 2023

    Sir Jim is poised to spend £1.3bn on a 25 per cent stake in his boyhood club.

  • NFL UK chief on Jags’ London franchise and Olympic flag football in 2028

    October 14, 2023

    Flag football at the Olympics could be the inspiration to get more UK children into the NFL, according to the league’s UK general manager Henry Hodgson. Speaking to City A.M. from Tottenham Hotspur Stadium, which will this year host the Tennessee Titans versus the Baltimore Ravens in the third and final NFL London game of [...]

  • Cameron Smith, Talor Gooch and Bryson DeChambeau battle for £18m prize

    October 12, 2023

    Big money is on offer at the last LIV Golf individual event of the season.

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