Ed Warner: What’s next for the losers in the rush to embrace sovereign wealth? June 15, 2023 City A.M. columnist Ed Warner discusses the recent LIV Golf merger, the Saudi Arabia PIF deal and what comes next for the losers in the rush to embrace sovereign wealth. Elite runners focus on every step of every run. Us mere mortals seek displacement tricks to block out the pain. And so I found myself [...]
From Big Five to Big One: Premier League pulling away from European rivals – Deloitte June 15, 2023 European football’s Big Five leagues are steadily being replaced by a Big One as the Premier League pulls away from its rivals, according to research published today. The total revenue of Premier League clubs reached £5.5bn in 2021-22, around twice as much as its nearest challenger, Spain’s LaLiga, Deloitte’s Annual Review of Football Finance reports. [...]
BBC and ITV to show Fifa Women’s World Cup June 14, 2023 Broadcasting duo the BBC and ITV will show the Fifa Women’s World Cup this year after concerns over whether the tournament would be shown in Europe at all. Fifa had threatened a European blackout if broadcasters were not willing to stump up a desired amount to show the tournament, which kicks off on 20 July [...]
Royal Ascot runner goes Thunder the hammer June 14, 2023 Tom Marriott speaks to Jack Davison ahead of today’s ThoroughBid online auction of Royal Ascot runner Thunderbear. WALKING into the parade ring, or maybe even the winners’ enclosure, at Royal Ascot, with a horse running in your colours… the stuff that dreams are made of. At 3:05pm next Saturday, Thunderbear will line up in the [...]
Jude Bellingham signs for Real Madrid in potential English record transfer June 14, 2023 Real Madrid have confirmed the signing of Jude Bellingham from Borussia Dortmund in what could become a record fee for an English player. The 19-year-old England midfielder is believed to be costing the Spanish champions an initial €103m (£88m). That fee could rise to as much as €133m (£113m), eclipsing the £100m Manchester City paid [...]
Under-fire golf boss Jay Monahan steps back from PGA Tour with ‘medical situation’ June 14, 2023 Under-fire PGA Tour chief Jay Monahan has stepped back from his duties with immediate effect after suffering a “medical situation”. No further details were provided by the organisation, which last week entered into a controversial agreement with Saudi Arabia’s Public Investment Fund to merge their interests, including the big-money LIV Golf circuit. It comes on [...]
Worcester Warriors owners dealt blow as foundation severs ties, citing effort to “dispel unambiguously any connection whatsoever” with Atlas consortium June 14, 2023 The Worcester Warriors Foundation is to move away from Sixways Stadium in an effort to “dispel unambiguously any connection whatsoever” with the club’s new owners Atlas. Atlas consortium, led by former chief executive Jim O’Toole and ex-professional player James Sandford, purchased former Premiership club Worcester Warriors after it fell into administration in the early part [...]
Kylian Mbappe puts ball back in Paris Saint-Germain court over summer sale June 13, 2023 Kylian Mbappe has insisted he does not want to leave Paris Saint-Germain this summer, despite indicating that he will not take up the option to extend his current contract. Mbappe’s stance places additional pressure on PSG to sell the World Cup-winning France forward in the coming weeks – or risk losing him for nothing next [...]
Everton CEO departure hints at takeover deal edging towards conclusion June 12, 2023 Premier League club Everton have announced the departure of their chief executive Denise Barrett-Baxendale along with a number of other off-field members of staff. The Toffees’ chief finance and strategy officer Grant Ingles and non-executive director and ex-player Graeme Sharp have also left their roles. It comes after a difficult season at Everton with the [...]
Women’s Super League revenues grow by 60 per cent as teams head for sustainability June 12, 2023 Women’s Super League clubs are on a path to sustainability after growing revenues by 60 per cent in a year. WSL teams’ collective income swelled from £20m to £32m in 2021-22, according to analysis by Deloitte published today. And it is expected to have enjoyed another substantial uplift this season as WSL attendances grew by [...]