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Sport Business

  • French Open prize money 2023: Payouts return to pre-Covid levels for first time

    June 9, 2023

    The winners of the French Open will receive as much prize money as they did before the Covid-19 pandemic for the first time this year. The men’s and women’s singles champions crowned this weekend in Paris are in line to earn €2.3m (£1.96m / $2.48m) – the same amount paid to the 2019 winners of [...]

  • Williams sisters buy team in Woods and McIlroy’s golf league

    June 8, 2023

    Serena and Venus Williams have bought the first of six teams in the golf league backed by Tiger Woods and Rory McIlroy. The tennis stars have linked up with the 23-time Grand Slam legend’s husband Alexis Ohanian to purchase “Los Angeles Golf Club”. “I like betting big – and betting early – on things in sports,” [...]

  • Lionel Messi tipped to make Inter Miami worth $1bn and be MLS ‘game-changer’

    June 8, 2023

    Lionel Messi’s impending transfer to Inter Miami has been hailed as “a game-changer for Major League Soccer” that will make the US franchise worth more than $1bn. Messi announced on Wednesday night that he has chosen to join Miami over offers from Saudi Arabia and former club Barcelona after leaving Paris Saint-Germain. His superstar power [...]

  • What next for Manchester City if they win the Champions League?

    June 8, 2023

    When the Abu Dhabi United Group bought Manchester City almost 15 years ago, the new owners’ stated aim was to turn a club who had gone 30 years without a major trophy into a major European force.  On Saturday against Inter Milan in Istanbul, City could tick the last box on their checklist by winning [...]

  • Ed Warner: Remove Fifa toxicity to get Women’s World Cup on the box

    June 8, 2023

    When a global sporting event takes place without TV coverage, does it really happen? Or at least, does it really matter? That question should be front of mind for all the protagonists in the standoff over broadcast rights for next month’s Fifa Women’s World Cup.  Blank screens are looming larger with every passing day in [...]

  • McIlroy: I feel like sacrificial lamb after LIV Golf and PGA Tour deal

    June 7, 2023

    Four-time major winner Rory McIlroy has said he feels like a sacrificial lamb and that he still hates LIV Golf after the Saudi Arabia-backed tour merged into one entity alongside the PGA Tour and DP World Tour. The Northern Irishman has been an outspoken critic of the rebel golf tour – which saw the likes [...]

  • Bellingham to join Real Madrid for £88m

    June 7, 2023

    Spanish footballing giants Real Madrid have agreed a deal worth £88.5m for English midfielder Jude Bellingham. The 19-year-old will head to LaLiga from the Bundesliga and Borussia Dortmund. The England international was voted the best player in Germany this season and will join Carlo Ancelotti’s side in the capital of Spain in a deal which [...]

  • London Irish owner hits out at rugby as club file for administration

    June 7, 2023

    London Irish have filed for administration having been kicked out of English rugby on Tuesday. The club were unable to show proof of funds to operate next season – either by a new American consortium or by current owner Mick Crossan – and were therefore expelled from “any league” next season. Crossan said in a [...]

  • Qatar’s Sheikh Jassim makes final takeover bid for Manchester United and sets deadline

    June 7, 2023

    Qatar’s Sheikh Jassim bin Hamad al-Thani has made a fifth, take-it-or-leave it offer for Manchester United in an attempt to break the deadlock over the club’s possible sale. Sheikh Jassim has given United owners the Glazers until Friday to accept his improved bid or he will walk away from the long-running negotiations. The move puts [...]

  • LIV Golf and PGA tie-up is proof that competition still works

    June 7, 2023

    To the fairway, then, for the latest example of markets working effectively. The merger of the three biggest tours in the game shows what can be achieved when new entrants disrupt a market – forcing the established players to (excuse the pun) up their game.  When LIV Golf – the Saudi-backed, all-singing, all-dancing new form [...]

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