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 [...]
London Irish KICKED OUT of Premiership, not in ‘any league’ next year June 6, 2023 London Irish have been kicked out of English rugby after failing to meet funding deadlines set by its governing body the RFU. The club were given until 4pm today to either finalise a takeover of the Premiership outfit – who share a ground with Premier League football club Brentford – by an American consortium or [...]
PGA Tour, DP World Tour and LIV Golf to merge and take Saudi investment June 6, 2023 The PGA Tour, DP World Tour and rival LIV Golf have brought an end to more than a year of bitter conflict in the sport by announcing a deal to unify. The shock move will see the creation of a new, yet-to-be-named entity that combines the commercial businesses and rights of the three tours, which [...]
Legends Tour offering amateur golfers chance to live the life of a jet-setting pro June 6, 2023 If you have ever day-dreamed at your desk of living the life of a professional golfer, then the Legends Tour has just the package for you. Travel to the Jersey Legends tournament by private jet, rub shoulders in the locker room with greats such as Ian Woosnam, and tee it up against them in a [...]
Apex Group lands $1m sponsorship deal with SailGP June 6, 2023 Financial services provider Apex Group has agreed a three-year sponsorship deal with SailGP believed to be worth in excess of $1m, City A.M. can reveal. The deal, to be announced this week, will see Apex become the exclusive financial solutions partner for SailGP, which has just completed its third season. The sailing competition is backed [...]
Manchester City named world’s most valuable football club brand June 6, 2023 Treble-chasing Manchester City have added another title – the world’s most valuable football club brand. City have received the accolade from leading brand consultancy Brand Finance, whose annual Football 50 list is published today. The Abu Dhabi-owned club have overtaken Real Madrid at the top of the rankings for the first time following their sustained [...]
Charlton Athletic takeover agreed by Charlie Methven’s SE7 Partners June 5, 2023 Charlton Athletic’s owner has agreed to sell the south London football club to the US-bankrolled SE7 Partners consortium fronted by former Sunderland director Charlie Methven. The third-tier team confirmed on Monday that a deal had been struck between current owner Thomas Sandgaard and SE7 Partners, which also includes former Charlton finance director Ed Warrick and [...]
LaLiga unveil new branding as Spanish football league looks to future June 5, 2023 Spanish football’s LaLiga has today announced a rework of their branding as the domestic competition steps up efforts to capitalise on global opportunities. The league, which has traded in former sponsor Santander for EA Sports, has unveiled a new brand identity which sees a pair of Ls take the place of the old logo, which [...]
Man City vs Man United 1999: How would 2023 treble stack up? June 4, 2023 As the result of a match, where a trophy was up for grabs, turned Manchester blue yet again, City went within one win of an iconic treble – something English football has not seen since United’s feat in 1998-1999. So with their 2-1 FA Cup final win over United leaving Pep Guardiola’s side two thirds [...]