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Sport Business

  • Worcester FAIL to meet conditions and miss out on place in Championship

    February 15, 2023

    Worcester Warriors have failed to meet the conditions of entry for the Championship and will therefore not take their place in England’s second tier next season. The former Premiership rugby club’s new owners – the Atlas Consortium – failed the RFU fit and proper test over their refusal to pay rugby creditors in December but [...]

  • Everton investment blow as MSP Sports Capital switches focus to £3.1bn Tottenham Hotspur takeover

    February 15, 2023

    Everton’s hopes of securing investment have suffered a blow after US private equity fund MSP Sports Capital reportedly turned its attention to a takeover of Tottenham Hotspur. MSP held talks about buying a minority stake from Everton majority shareholder Farhad Moshiri, who is seeking investment to help the cash-strapped club fund its new stadium build. [...]

  • Castore co-founder Tom Beahon on shelving IPO plans, bucking the Brexit trend by expanding in Europe, and the Andy Murray-backed sports brand’s first shoe launch

    February 15, 2023

    At a time when Brexit has caused some British businesses to retreat from Europe, fast-growing premium sportswear brand Castore is eager to buck the trend. The company, founded by former City boys Tom and Phil Beahon and which counts Andy Murray among its investors, has opened a distribution centre in the Netherlands and is increasingly [...]

  • Lionesses set for record crowds in Arnold Clark Cup as England look to cash in on Euros

    February 15, 2023

    This year’s edition of the Arnold Clark Cup will break attendance records as women’s football cashes in on last year’s Lionesses Euros win. The competition – an invitational hosted by England’s women and this year attended by the Lionesses, South Korea, Italy and Belgium – is expected to see over 20,000 attend the opening double [...]

  • Manchester United sale: Saudi Arabia and US consortium set to rival Sir Jim Ratcliffe and Qatar in £5bn takeover battle

    February 14, 2023

    Suitors from Saudi Arabia and the US are set to go up against Sir Jim Ratcliffe and a Qatari bid in the battle to buy Manchester United, City A.M. understands. The bank handling the sale, the Raine Group, has set a deadline of Friday for offers to be made to United’s owners, the Glazer family. [...]

  • Fifa pick Saudi Arabia for next Club World Cup

    February 14, 2023

    Saudi Arabia will host the next edition of the Club World Cup, Fifa confirmed today, in what will be the Kingdom’s first major global footballing tournament. The tournament will be held in the Middle East between 12 and 23 December 2023 and, as always, will consist of the winners of each continent’s top draw European [...]

  • Good news for Chelsea, Tottenham and Manchester City: Why clubs can forget about winning the Champions League if they’re not super-rich

    February 14, 2023

    Can you spend your way to the Champions League? Not necessarily, but it certainly improves your chances, based on analysis of the last 10 seasons, which shows a strong correlation between revenue and progress to the latter stages. Tottenham Hotspur face a tricky trip to Italian title holders AC Milan when the Champions League knockout [...]

  • Liverpool supporters sue Uefa: 600 fans demand compensation for Champions League crowd trouble that ‘ruined lives’

    February 14, 2023

    Hundreds of Liverpool supporters have launched a legal claim for compensation from Uefa after European football’s governing body was blamed for the crowd trouble at last year’s Champions League final. Law firm Leigh Day is representing more than 600 Reds supporters who they say “should be recompensed for the trauma they experienced” during chaotic scenes [...]

  • Worcester Warriors name change plan could be scrapped after backlash

    February 13, 2023

    The new owners of former Premiership club Worcester Warriors have said their plans to abandon the club’s name could be reversed. Having announced plans last week to disband the brand and drop into the lower divisions of English rugby to avoid agreeing to Rugby Football Union demands, the Atlas consortium have now said they may [...]

  • Nat Sciver-Brunt banks biggest salary in English women’s cricket after being signed in Women’s Premier League auction

    February 13, 2023

    All-rounder Nat Sciver-Brunt has landed what is thought to be the biggest contract in the history of English women’s cricket after being signed for the inaugural Women’s Premier League in India. Sciver-Brunt and spinner Sophie Ecclestone both secured six-figure deals at the Women’s Premier League auction today. Sciver-Brunt was sold to Mumbai Indians for 3.2 [...]

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