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Sport Business

  • D-Day for Worcester Warriors as deadline looms for rugby club

    May 2, 2023

    It is D-Day for former Premiership rugby club Worcester Warriors with the deadline between the proposed owners Atlas Consortium and administrators Begbies Traynor set to expire today. The administrators, who took over the club in September, swapped contracts with Atlas – led by former Worcester chief executive Jim O’Toole and ex-player James Sandford – on [...]

  • NFL star and US footballer invest in Premier League-bound Burnley

    May 1, 2023

    NFL star JJ Watt and international US football Kealia Watt have invested in Championship club Burnley Football Club. The Clarets, who are set to return to the Premier League this summer under former Manchester City player Vincent Kompany, have added the couple to their investment roster. JJ Watt is a three-time defensive player of the [...]

  • Sheikh Jassim aims to win Manchester United takeover battle with extra $1bn

    May 1, 2023

    The Qatari bid for Manchester United, led by Sheikh Jassim Bin Hamad Al Thani, hopes to swing the takeover battle in its favour with the promise of an extra $1bn set aside for investment in the club. The $1bn (£800m) is additional to Sheikh Jassim’s offer for the club, which values United at around £5bn, [...]

  • Talor Gooch takes prize money earnings to $20m in a year on LIV Golf circuit

    May 1, 2023

    If there is one player who has benefited most from joining LIV Golf then Talor Gooch must be a strong contender, having trebled his career earnings in less than a year. Gooch became the first player to win back-to-back tournaments on the big-money breakaway circuit on Sunday when he beat Sergio Garcia in a play-off [...]

  • Formula 1 engineer: Budget cap should rise with inflation

    April 29, 2023

    Last season, Formula 1 teams Aston Martin and Red Bull were punished for issues relating to the newly introduced budget cap. While Lawrence Stroll’s Aston Martin received a slap on the wrist and a fine for a technical error relating to admin, Red Bull went above the $145m cap by £1.8m, were fined $7m and [...]

  • Jack Daniel’s and McLaren combine for limited edition whiskey bottle

    April 27, 2023

    Formula 1 team McLaren and alcohol brand Jack Daniel’s have produced a limited edition whiskey bottle. The struggling F1 outfit – who current hold just 12 points in the 2023 constructor standings – are celebrating their 60th anniversary this year. Louise McEwen, executive director, brand & marketing, McLaren Racing, said: “We are thrilled to launch [...]

  • Ed Warner: Sport England data shows activity is falling. We need to make it easier

    April 27, 2023

    As Sport England’s latest Active Lives survey shows that we are exercising less, Ed Warner argues that we need to make participation easier. An elite athlete cadges a lift to skip a couple of kilometres of an ultra race. Tough Mudder turns Finsbury Park into a swamp and is barred from using the venue next [...]

  • ‘Players will be rightly angry’: Football at loggerheads over plans for a salary cap

    April 26, 2023

    Plans to implement a salary cap in European football have received an immediate backlash, with unions accusing the game’s governing bodies of ignoring the views of players. Uefa president Aleksander Ceferin revealed this week that talks had begun on introduce a cap in order to stabilise club finances and improve competition, and that “everybody agrees”. [...]

  • Worcester Warriors set to lose P Share amid sale to Atlas Consortium

    April 25, 2023

    Troubled former Premiership rugby club Worcester Warriors are set to lose their “P Share” imminently, even if their sale is finalised next week, say administrators. The side’s future has been in doubt since entering administration in September, and preferred bidder the Atlas consortium has been told it must complete a buyout by 2 May. In [...]

  • Manchester United sale: Will bidders call the Glazers’ bluff?

    April 25, 2023

    Five months after Manchester United’s owners, the Glazers, fired the starting pistol on a potential sale, bidding is finally expected to draw to a close on Friday. The Glazers’ bankers, the Raine Group, surprised some earlier this month by extending the process to a third round of offers for the 20-time English champions. It has [...]

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