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Sport Business

  • Ed Warner: Wimbledon shows that the Lawn Tennis Association gets too much money

    June 23, 2022

    If you want to know what’s wrong with tennis in Britain, look no further than Wimbledon. Blame the Championships for being such a phenomenal success that they bequeath the Lawn Tennis Association more money each year than it appears to be able to handle effectively, while simultaneously raising the public’s hunger for the LTA to [...]

  • Azeem Rafiq: ‘I back Yorkshire hosting today’s Test match’

    June 22, 2022

    Azeem Rafiq, the former Yorkshire cricketer who lifted the lid on discrimination in the domestic game, insists that it is right for Headingley to host today’s Test match between England and New Zealand despite the charges hanging over the host county. The England and Wales Cricket Board suspended Yorkshire as a host of lucrative international [...]

  • Chelsea owner Todd Boehly named chairman as Marina Granovskaia exit confirmed

    June 22, 2022

    Chelsea have confirmed that co-owner Todd Boehly will be the football club’s new chairman and that influential director Marina Granovskaia is to leave Stamford Bridge. American Boehly led the consortium that bought the club from Roman Abramovich last month after the Russian oligarch’s assets were frozen by the UK government.  He is to be joined [...]

  • Blurred lines: Athlete investors on rise as brands embrace new ways to partner with sport stars

    June 22, 2022

    When Anthony Joshua and Dazn announced a new partnership last week, one of the most eye-catching aspects of the deal was that it involved the British heavyweight boxer acquiring a stake in the sports streaming platform. It was just the latest example of a prominent athlete cultivating a business portfolio to complement their sporting career.  [...]

  • Young footballers ‘risking most of their wages on crypto’ prompts growing concerns

    June 21, 2022

    Football has a “big problem” with young players risking the majority of their pay on cryptocurrencies, says a leading financial adviser to the sports industry. Players are being sucked in by social media content that ignores the major risks of investing in crypto, says Ben Smith, a partner at FLM. “I have seen lots of [...]

  • BBC wins the race for London Marathon broadcast rights for another five years

    June 20, 2022

    The BBC will broadcast the London Marathon for a further five years after extending its long-standing rights agreement with the race’s organisers. The new deal begins with this year’s edition of the 26-mile race, which is due to take place on 2 October, and runs until 2026, marking 45 years of live coverage on the [...]

  • Paris Saint-Germain exec blasts LaLiga: ‘The last person we’ll take lessons from is Javier Tebas’

    June 16, 2022

    Paris Saint-Germain executives have issued a withering retort to LaLiga president Javier Tebas after the Spanish football chief accused the French club of breaking financial rules. LaLiga announced on Tuesday that it has lodged a formal complaint about Qatar-owned PSG’s spending with European football’s governing body Uefa. It follows PSG retaining the services of superstar [...]

  • Tennis can conquer sport if tours and Grand Slams unite, says Federer agent Tony Godsick

    June 16, 2022

    Tennis could “conquer the sport world” if the ATP and WTA Tours and the four Grand Slams set aside their differences, says Roger Federer’s agent Tony Godsick. Steps to pool the commercial operations of the men’s and women’s circuits were proposed last year in a move that would see private equity take a stake in [...]

  • HSBC becomes Emma Raducanu’s eighth blue chip sponsor on eve of Wimbledon

    June 16, 2022

    HSBC has become the latest blue chip brand to join British tennis star Emma Raducanu’s stable of sponsors.  Raducanu, who shot to fame by winning the US Open in September, has agreed a four-year with the international banking group. “To partner with HSBC is so natural for me having grown up playing in the HSBC [...]

  • Adam Peaty interview: Swimming should look at example set by Boxing

    June 16, 2022

    He is one of the most recognisable swimmers in British history but Adam Peaty insists that his sport needs to follow the example of boxing. The three-time Olympic champion, currently engaged in his own fight to be fit for the Commonwealth Games in Birmingham, believes swimming chiefs should do more to heighten the drama of [...]

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