Former Liverpool FC CEO says live sports needs to up its game to keep Gen Z’s attention October 11, 2022 Peter Moore knows a thing or two about making sport work as a business. After all, his time as the boss at videogame developer EA Sports coincided with the boom in online sports competition that still continues today. And his time running Liverpool FC saw the club win the Champions League and the Premier League, [...]
Red Bull found guilty of cap breach but team insist they were below limit October 10, 2022 Reigning Formula 1 constructors’ champions Red Bull Racing have been found guilty of breaching their £114m budget cap for last season but are unlikely to have their titles revoked. The decision yesterday by motorsport’s governing body the FIA stated that the energy drink branded outfit had outspent their $140m budget and committed a procedural breach [...]
Former Wasps chief executive interested in bid for club October 9, 2022 Financially troubled Premiership rugby club Wasps could be taken over by a bid headed by former chief executive David Armstrong. The club, who moved to Coventry from High Wycombe in 2014, are facing money woes in relation to tax owed to HMRC, bond repayments and other debt. Sources close to the auction of the club [...]
Ralph Hasenhuttl on thin ice as Southampton head to free-scoring Manchester City October 6, 2022 The irony will probably not be lost on Ralph Hasenhuttl if his last match in charge of Southampton proves to be Saturday’s trip to Manchester City. The Premier League champions are the team that Saints’ new regime has looked to more than any other in recent months as it has sought to shake up the [...]
Dustin Johnson could bank record $22m prize money at LIV Golf event in Bangkok October 6, 2022 A row over world ranking points may be dominating the agenda ahead of this weekend’s LIV Golf Invitational in Bangkok but by the end of it all the talk could be about Dustin Johnson and the biggest prize money payout in the history of the sport. Johnson stands to bank $22m (£20m) in total if [...]
Ed Warner: F1 needs to fast track its cost cap procedures October 6, 2022 The headhunter was calling me about a CEO role at a top six Premier League club. He was building his long list of possible candidates. One of the lures was that half the salary would be paid outside the UK in a low tax jurisdiction, ostensibly for services rendered directly to the club’s overseas owners. [...]
Worcester Warriors players say ‘don’t take the P’ as contracts terminated October 5, 2022 Worcester Warriors players whose contracts were yesterday terminated have launched an appeal for the club to be allowed to keep a crucial shareholding in Premiership Rugby that could safeguard its future. “P Shares” are owned by each of the 13 Premiership clubs and afford them annual payouts from a central pot of money as well [...]
Emily Pedersen on the Aramco Team Series and her dream of achieving pay parity in golf October 5, 2022 Emily Pedersen discusses the growth of women’s golf, her hope of seeing prize money parity in the sport in the near future, and the Aramco Team Series. Emily Pedersen has been one of the shining lights of European golf in recent years and the Dane is optimistic that the future looks bright both for her [...]
Worcester players free agents as paying company would up October 5, 2022 Worcester Warriors players are now free agents after the company which was set up to pay them was liquidated at the High Court this morning. The Premiership club have been battling with financial woes since May – when players first went unpaid – but are now in administration amid a series of owed monies. Players’ [...]
Hummel’s Denmark kit, the Qatar World Cup and what it means for sport sponsorship October 4, 2022 Sports industry expert Ben Peppi assesses Hummel’s controversial new Denmark kit for this year’s Qatar World Cup and what the ramifications may be for future sponsorships and commercial deals. The domino effect is in full motion. It started last summer when Cristiano Ronaldo advised people to “drink water” after removing two Coca-Cola bottles from view [...]