Rashford exit to cost Man Utd as clubs battles to meet PSR rules January 14, 2025 Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]
Football regulator: Fight over Brady-backed ‘sunset clause’ hots up January 13, 2025 Conservative peers including West Ham United chair Karren Brady are this week expected to step up their push for a “sunset clause” that critics fear will render the incoming independent football regulator toothless. The sunset clause would allow for the football regulator to be scrapped after a set period time, likely to be five years, [...]
Anthony Joshua joins padel craze by investing in Murray’s Hexagon Cup team January 13, 2025 Boxer Anthony Joshua has teamed up with fellow British sporting great Andy Murray by becoming a co-owner of his Hexagon Cup-winning padel team. Joshua has joined Murray, tennis coach Dani Vallverdu and businessman Arran Yentob in the ownership group of Team AD/vantage as the British entrant bids to retain its crown this month. They will [...]
Baseball home run for London as MLB weekend generates £56m January 13, 2025 London will miss the benefit of MLB in 2025 after last year’s MLB London Series boosted the capital’s economy by £56.5m. Back-to-back matches between the New York Mets and Philadelphia Phillies drew in over 108,000 fans at the London Stadium with the nation outside of London benefiting to the tune of a further £9m. The [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]
Industry slams Labour government plans for ticket reform January 11, 2025 Leading industry voices have slammed government plans to change the secondary ticketing market in sport, describing proposals as “draconian”. The government on Friday announced plans to tackle touts and potentially further regulate the secondary market following instances of extreme dynamic pricing relating to the sale of Oasis tickets. Measures could include a cap and a [...]
Late Leicester City owner’s family sue helicopter maker for record £2.15bn January 10, 2025 The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn. The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family. They blame helicopter [...]
Abraham and Wilson invest in Andy Murray-backed padel business January 10, 2025 England footballers Tammy Abraham and Callum Wilson have invested in Andy Murray-backed Game4Padel, the biggest UK operator of padel courts. AC Milan striker Abraham and Newcastle United forward were joined by Bournemouth defender Marcus Tavernier in a funding round that values Game4Padel at £27m. Former tennis world No1 Murray and his brother Jamie were among [...]
Over 1m tune in for Tiger Woods hybrid golf show TGL January 9, 2025 Tiger Woods and Rory McIlroy’s debut TGL broadcast peaked at 1.1m viewers in the USA this week. The digital brainchild – in which top golfers team up and compete across both a simulator and a recreated green – kicked off this week and had an average audience of 910,000 across the two-hour show. Reports suggest [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]