Ryan Reynolds joins Wrexham co-owner and RedBird in buying stake in F1 team Alpine June 26, 2023 Hollywood star Ryan Reynolds and RedBird Capital Partners, which has a stake in Liverpool’s owners, have invested in Formula 1 team Alpine. Otro Capital, Reynolds’ Wrexham AFC co-owner Rob McElhenney and their fellow actor Michael B Jordan, who owns a stake in AFC Bournemouth have also invested. The €200m (£171m) cash injection is for 24 [...]
Inside the PTO Tour: Triathletes plotting their own path, backed by a billionaire June 26, 2023 Ibiza usually moves to the beat of its clubbing crowd but for one weekend last month it was a different Lycra-clad set working up a sweat: top triathletes, including Alistair Brownlee, Lucy Charles-Barclay and Kristian Blummenfelt. In the shadow of world-famous nightclubs like Pacha, some of the sport’s biggest names took on a 100km swim-bike-run [...]
Boost for the Hundred as England cricket chiefs close in on new headline sponsor June 25, 2023 The Hundred is set for a major boost, with the England and Wales Cricket Board understood to be close to announcing a new headline sponsor for the competition. A multi-year deal with a brand that has not previously been involved in cricket is being finalised and there is optimism that it will be signed this [...]
Arteta: Arsenal must strengthen to challenge Manchester City next year June 25, 2023 Arsenal manager Mikel Arteta has said his side will need to strengthen if they’re to challenge Manchester City for the Premier League next season. Arsenal topped the table for much of the season but dropped points towards the business end, and combined with a 4-1 defeat to Manchester City in April. were pipped to the [...]
Euro 2024 mascot: London-based creator on how it was done June 24, 2023 City A.M. sat down with Darran Garnham, founder and chief executive of Toikido and creator of the Euro 2024 mascot. So, what makes a good mascot and what does Uefa tell you is off limits? Let’s find out. How did the Euro 2024 mascot come about? “There was an element of luck to it. The [...]
Chelsea owners caught in backlash over investment in French club Strasbourg June 22, 2023 Chelsea and co-owner Todd Boehly are facing a backlash from Strasbourg supporters as they close in on a deal to buy a large minority stake in the French football club. Confirmation is said to be imminent that the Blues have acquired a shareholding of around 40 per cent in the team from Alsace. Strasbourg would [...]
Saudi Arabia PIF to sell its shareholding in McLaren to Bahrain fund June 22, 2023 Saudi Arabia’s Public Investment Fund is to sell its shareholding in the McLaren Group to Bahrain’s Mumtalakat fund, according to Sky News. The deal will strengthen Mumtalakat’s position as the biggest shareholder in the supercar maker and Formula One team owner, Mark Kleinman reported. PIF, which has emerged as one of the biggest players in [...]
Andrew Strauss and Bryan Habana to return to sport at first ever Padel Classic in London June 22, 2023 Sporting greats Sir Andrew Strauss and Bryan Habana are set to come out of retirement next summer for an all-star padel pro-am tournament at the Hurlingham Club. The Padel Classic, which will also feature a corporate tournament, is scheduled to be played on the lawns of the exclusive south-west London venue on May 15-16 2024. [...]
Ed Warner: Rugby, boxing, netball, Para sport – what should Saudi Arabia buy next? June 22, 2023 Challenge accepted! A reader last week asked what the most investable sports worldwide are from the perspective of a sovereign wealth fund such as Saudi Arabia’s PIF. He had rugby union in mind, but wanted a long train journey to dredge up others. A return trip on Avanti West Coast to the first Ashes Test [...]
‘The WPL is out ahead but The Hundred can be next best thing in women’s cricket’ June 21, 2023 The Hundred may be approaching its third season this summer but it has been blown off course by the hurricane that is the Women’s Premier League (WPL). The WPL is the women’s equivalent to the Indian Premier League (IPL), cricket’s biggest global franchise product, and it has revolutionised the landscape of the women’s game. Players [...]