Celtic and when does financial prudence become sporting underinvestment? September 17, 2026 By most conventional measures, Celtic should be a model of how to run a football club. According to the club’s latest accounts, Celtic generated £143.6m of revenue and £33.9m of profit after tax, while finishing the year with £77.3m in cash. Shareholders have benefited too. According to FactSet, Celtic shares have appreciated approximately 153 per [...]
Major development in £3bn project backed by Crystal Palace co-owner David Blitzer September 17, 2026 Co-owner of Premier League club Crystal Palace, David Blitzer, is part of a group that has announced a major update to a £3bn stadium development. The American businessman, who became an early multi-franchise investor and was one of the first people to hold stakes in all five big North American leagues – NHL, MLB, MLS, [...]
LVMH’s Arnault joins Nike board as sportswear giant set to lose S&P 100 spot September 17, 2026 The son of LVMH billionaire Bernard Arnault has been appointed to Nike’s board of directors a week after it was announced the sportswear giant will lose its S&P 100 spot. Alexandre Arnault, currently deputy chief executive of LVMH’s wines and spirits division, will hope to help the US apparel firm stem a trend of share [...]
Who owns Chelsea after £950m Boehly and Walter stake sales? September 17, 2026 Todd Boehly and Mark Walter have sold their combined 25 per cent stake in Chelsea in a deal that values the Premier League club at £5bn. The agreement, announced last night, will see the former chairman of Chelsea Boehly – who was the face of the consortium that purchased the club from Roman Abramovich in [...]
Ultimate Championships delivered but can China at the 2027 Worlds? September 17, 2026 China didn’t feature much at the Ultimate Championships and Ed Warner questions whether they can at a home World Championships in 2027. “I might get told off. I just did a race, so I’m allowed to drink what I would like. Thank you so much,” said Lando Norris as he reached for a Coke after [...]
Exclusive: Battersea Power Station rules out building NBA Europe stadium September 17, 2026 Battersea Power Station chiefs have categorically ruled out suggestions that London’s NBA Europe team could build its home basketball arena on the site. The capital remains at the centre of a bidding war for an NBA franchise, with interested parties reported to include former Tottenham Hotspur chief Daniel Levy, current Spurs majority shareholders the Lewis [...]
Parachute payments boost promotion chances by 4x and should be scrapped, study finds September 16, 2026 Parachute payments make clubs four times more likely to achieve promotion to the Premier League and should be scrapped, according to a new study. The Leonard Curtis Football Finance Report 2026 found that over a 10-year period Championship clubs who received parachute payments had a 30 per cent chance of promotion, compared to just seven [...]
EuroLeague CEO ‘open’ to NBA investment talks but yet to receive an offer September 16, 2026 EuroLeague Basketball chiefs are expecting a takeover approach from the NBA that would see the two organisations collaborate on a new European basketball league. CEO Chus Bueno said no offer had yet been put to the EuroLeague but NBA commissioner Adam Silver this week said that joining forces with the incumbent was now their preference. [...]
Spurs owners take 12-month investment to £300m with fresh £120m injection September 16, 2026 Tottenham Hotspur’s majority owners will take their investment into the club to beyond £300m in the last year after agreeing to an additional £120m injection. The family of billionaire Joe Lewis – which owns 70 per cent of the controlling ENIC Sports Inc company – have pumped £120m into the north London club, who currently [...]
Manchester United’s new stadium could be delayed until 2035 as timeline slips September 16, 2026 Manchester United’s new stadium may not open until 2035, according to official planning documentation. The timeline for the £2bn-plus project has repeatedly slipped ever since minority owner Sir Jim Ratcliffe announced in March 2025 that United would build a new stadium rather than renovate Old Trafford. At the time, the billionaire said it could be [...]