‘I’m just months away from filing papers on my marriage with Formula 1’ March 3, 2023 I am just months away from filing the divorce papers on my cold marriage with Formula 1. Like many in my generation, I was hooked on the world’s greatest motor racing series in 2008 when Lewis Hamilton overtook Timo Glock on the final lap at Interlagos to deny Felipe Massa a world title and claim [...]
‘Most expensive lottery ticket on the planet’: Premier League told why it must give more money to rest of English football March 2, 2023 English football’s financial structure needs a “proper reset” to make clubs outside the Premier League sustainable, says EFL chairman Rick Parry. The riches on offer in the top tier incentivise teams lower down the pyramid to overspend to dangerous degrees, says Parry, who wants the Premier League to reduce the inequality between divisions with more [...]
Premier League reveals stance on scrapping Saturday 3pm blackout March 2, 2023 The Premier League has ruled out supporting the abolition of the Saturday 3pm blackout which restricts when live football can be televised in the UK. The English Football League (EFL) has floated scrapping the ban and broadcasters have said they would consider it but Premier League chief executive Richard Masters insisted they had no intention [...]
Formula 1 to target China expansion? McLaren commercial chiefs hope so March 2, 2023 Formula 1 team McLaren would back the sport venturing further into China and the surrounding Asian continent amid a growing feeling that the series is yet to cash in on the opportunities the Far East market provides. Nick Martin, the director of new business at the Woking-based F1 outfit, told City A.M. that McLaren acknowledges [...]
Politicians must step in to protect sport in legal minefield of trans policy – Ed Warner March 2, 2023 The ruck over transgender women participating in female sport is fiercely contested. Opinions are polarised, each side shouting in its own echo chamber. Into my inbox and into the debate drops an email from a PR agent containing a legal opinion that is a reminder that this issue is nuanced. It reinforces my own view [...]
How a Fifa climbdown has paved the way for expanded Club World Cup to start in 2025 March 1, 2023 Europe’s top football teams are closing in on a deal with Fifa that would give the green light to an expanded Club World Cup in 2025 but rule out a switch to biennial international World Cups. After months of tense exchanges, talks between umbrella organisation the European Club Association and world governing body Fifa are [...]
Former Chelsea bidder hints at interest in Liverpool and Manchester United March 1, 2023 Former Chelsea bidder Stephen Pagliuca has hinted that he could be interested in buying Liverpool or Manchester United but says he won’t be sucked into overpaying. The private equity veteran and co-owner of Italian club Atalanta and the NBA’s Boston Celtics missed out on Chelsea to Todd Boehly’s consortium last year. Pagliuca says he is [...]
Why Japanese advertising darling Dentsu has been charged with corruption over Tokyo 2020 Olympics contracts March 1, 2023 Japanese advertising giant Dentsu is among several companies and individuals charged with corruption over the awarding of contracts for the Tokyo 2020 Olympics. Dentsu’s competitors Hakuhodo and Tokyu Agency and event production companies Cerespo, Fuji Creative and Same Two have also been charged. Former Tokyo 2020 operations executive Yasuo Mori and former Dentsu executive Koji [...]
Why football clubs are like tomatoes – and these are salad days for the likes of Manchester United’s owners February 28, 2023 The salad shortage and the appeal of elite football clubs such as Manchester United are both being driven by the same thing, writes Neil Hopkins. Early 2023 seems destined to be remembered for shortages. For most of us, a shortage of tomatoes and other salad produce. For cash-rich investors from the Middle East, a shortage [...]
Kop of living crisis: Soaring bills hit Liverpool’s bottom line February 28, 2023 It seems that even the world’s richest football clubs are not immune to the cost of living crisis after soaring bills put a dent in Liverpool’s profits. The Premier League club achieved record revenues of £594m last season but turned a pre-tax profit of just £7.5m following a steep rise in matchday overheads. The return [...]