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Sport Business

  • ‘Absolutely embarrassing’: Victoria blasted for Commonwealth Games hosting U-turn

    July 18, 2023

    A bitter war of words has broken out over the 2026 Commonwealth Games after the Australian state of Victoria abruptly pulled out of hosting the event. Victoria was named host for the multi-sport championships last year but reneged on that commitment on Tuesday, citing spiralling costs – plunging the Games into doubt. Commonwealth Games Australia [...]

  • 2023 Women’s World Cup: Prize money up three-fold – but Lionesses in bonus row

    July 18, 2023

    The Women’s World Cup may not have kicked off yet but it has already been hailed as a transformative moment in the growth of the game, with prize money increasing more than three-fold and, for the first time, most of it being paid directly to players.  But some financial issues, including a bonus row between [...]

  • Formula E CEO takes swipe at Formula 1 over sustainability claims

    July 17, 2023

    Formula E chief executive Jeff Dodds has hit out at motorsporting rival Formula 1 over its sustainability claims, stating that the world’s premier racing division is not sustainable and that improvements it has made are built upon a very low base. Dodds is new to the electric racing series, which most recently completed a double [...]

  • 2023 Women’s World Cup ads showcase new-found star power of players

    July 17, 2023

    Four years ago, the Women’s World Cup in France was billed as the biggest to date, but despite the hype it was still struggling to be commercially attractive for sponsors and advertisers in its own right. As the Women’s Sport Trust explained “when women’s sport is approached using the same commercial frameworks as men’s sport [...]

  • Carlos Alcaraz’s Wimbledon win pulls in nearly as many viewers as coronation

    July 17, 2023

    Carlos Alcaraz’s thrilling Wimbledon triumph attracted a peak audience of 11.2m viewers on BBC One – just short of the number who tuned in for the coronation of King Charles. Alcaraz, 20, came from a set down to beat 23-time Grand Slam champion Novak Djokovic and win his first men’s singles title at the All [...]

  • Fan-owned AFC Wimbledon named best-run club in English football

    July 17, 2023

    AFC Wimbledon are the best-run club in English football, according to a new report on the future funding of the game by campaigners Fair Game. The Fair Game Index rates all 92 teams in the top four divisions in four areas: financial sustainability, governance, fan engagement and equality standards. Wimbledon achieved the highest score of [...]

  • Harry Kane wants to join us, says Bayern Munich president

    July 16, 2023

    Bayern Munich chiefs are increasingly confident of signing England captain Harry Kane despite seeing two offers rejected by Tottenham Hotspur. The Bundesliga champions held negotiations with Spurs chairman Daniel Levy last week and have also had talks with Kane’s camp. Tottenham dismissed a second bid of £68m last week but Bayern honorary president Uli Hoeness [...]

  • Manchester City receive biggest payout for releasing players for 2022 World Cup

    July 15, 2023

    Manchester City received $4.6m (£3.51m), the biggest payout of any club, for releasing players for last year’s World Cup in Qatar. City’s compensation from world governing body Fifa narrowly beat Barcelona’s $4.54m and the $4.33m paid to Bayern Munich. Real Madrid and Paris Saint-Germain, who both received $3.84m, completed a top five monopolised by leading [...]

  • London tops British entries in top 100 sports cities index

    July 15, 2023

    London and Manchester have been named in the top five of a list of the top 100 sporting cities, according to recent data. The BWC 2023 Ranking of Sports Cities placed London in third and Manchester in fifth on the 100-city list. The capital was second on the list in 2021 and third in 2022 [...]

  • Wimbledon prize money 2023: How much do players get for winning at All England Club?

    July 14, 2023

    How much do players get for winning Wimbledon? Ahead of finals weekend, City A.M. answers that question and examines how Wimbledon prize money compares to other Grand Slams. The men’s and women’s singles champions of Wimbledon are set to party like it’s 2019 after the Championships elevated the winners’ prize money back to pre-pandemic levels. [...]

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