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Sport Business

  • Chelsea co-owner makes ‘game changing’ investment in pro squash circuit

    May 23, 2023

    Chelsea co-owner and LA Dodgers chairman Mark Walter has announced a major investment in professional squash that the sport’s bosses have hailed as “a game changer”. The businessman has acquired a stake in Squash Media & Marketing with the intention to promote the sport to a global market. This comes months after City A.M. revealed [...]

  • Major Welsh rugby sponsor pulls out amid WRU financial deal with clubs

    May 22, 2023

    A major sponsor of Welsh rugby has withdrawn its backing of clubs in the country in what appears to be a stark warning against the Welsh Rugby Union. Oil 4 Wales will step away from rugby until the funding strategy recently announced for the four professional regions is redesigned. The company has links to all [...]

  • Everton in exclusivity agreement with with MSP Sports Capital

    May 22, 2023

    Struggling Premier League club Everton have reportedly entered into an exclusivity agreement with MSP Sports Capital surrounding a potential £600m sale of the Toffees, City A.M. understands. Sean Dyche’s men are currently laying towards the bottom of the Premier League with one game – at home to Bournemouth next Sunday – remaining in their campaign. [...]

  • Spanish football chiefs SLAMMED for criticising racism victim Vinicius

    May 22, 2023

    Spanish football chiefs have been rebuked for criticising Vinicius Jr after the Real Madrid star complained about serial racial abuse from opposition fans. The Brazil forward said LaLiga “belongs to racists” and that “​Spain is known as a country of racists” after being heckled with monkey noises during Sunday night’s fixture at Valencia. LaLiga president [...]

  • Manchester City, Premier League titles and the many asterisks in European football

    May 21, 2023

    Release the ticker tape, crank up Blue Moon and fetch Pep Guardiola’s dancing shoes: Manchester City are Premier League champions again for the fifth time in six years and the seventh time in a decade. With FA Cup and Champions League final appearances to come before the season is out, there is every chance that [...]

  • Man Capital buys new Major League Soccer franchise in San Diego for record £400m

    May 18, 2023

    London-based Man Capital has been confirmed as the owner of a new San Diego franchise in Major League Soccer after agreeing a record deal with US football chiefs. The family office of Egyptian billionaire Mohamed Mansour, the Conservative Party senior treasurer, is understood to have paid around $500m (£402m) for the team, who will begin [...]

  • Everton could be sold to 777 Partners NEXT WEEK for £600m, reports

    May 18, 2023

    Premier League strugglers Everton could be under new ownership as early as next week with US fund 777 Partners reportedly willing to pay around £600m. Everton under existing owner Farhad Moshiri has been plagued with discontent from fans, despite a last ditch run at the end of last season to keep the Liverpudlians in the [...]

  • ‘It’s not hard to imagine a future where the IPL simply is cricket’

    May 18, 2023

    As the ICC is set to change the way it distributes revenue, with India getting a significant portion, Ed Warner states that it is not hard to imagine a world where the IPL simply is cricket. The venality and self-interest that drive decisions in international cricket have been so well known for so long that [...]

  • Qatar show interest in hosting 2025 Rugby League World Cup

    May 17, 2023

    Recent Fifa World Cup hosts Qatar have expressed their interest in hosting the 2025 Rugby League World Cup, the International Rugby League (IRL) chairman has stated. The Gulf state, whose Qatar Islamic Bank chairman Sheikh Jassim bin Hamad Al-Thani is bidding to purchase Manchester United – could step in after the original hosts France pulled [...]

  • Fresh twist in Manchester United takeover saga as Sheikh Jassim submits fourth bid

    May 16, 2023

    Qatari bidder Sheikh Jassim Bin Hamad Al Thani has made an increased offer for Manchester United in a dramatic attempt to win the takeover battle with Sir Jim Ratcliffe. Sheikh Jassim, the chairman of Qatar Islamic Bank, is understood to have submitted a new bid which values United at a similar price to Ratcliffe but [...]

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