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Sport Business

  • Russian athletes banned from Winter Paralympics after rivals threaten boycott

    March 3, 2022

    Athletes from Russia and Belarus have been banned from the Beijing Winter Paralympics after other nations, including Britain, threatened a boycott. The move represents a swift U-turn from International Olympic Committee, which had on Wednesday said they could compete as neutrals when the Games begin on Friday. It is the latest sporting sanction to hit [...]

  • Ed Warner: Sport needs a united front against Russia, not patchwork of policies

    March 3, 2022

    On the opening day of Russia’s invasion of Ukraine the Polish wheelchair rugby team decided not to take to the court in their Euros group match against Russia in Paris. A classy move. If only others were so decisive.  The leaders of world sport are already divided in their response to Vladimir Putin’s war. It [...]

  • Chelsea: Abramovich confirms London club is up for sale

    March 2, 2022

    Chelsea owner Roman Abramovich has tonight confirmed that his club is up for sale with the net proceeds going to help Ukrainian war victims. The Premier League club owner confirmed the news in a statement on the club’s website and says the decision “is in the best interest of the club”. In a statement, he [...]

  • Clock ticking on Roman Abramovich after he puts Chelsea up for sale

    March 2, 2022

    Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]

  • Ukraine: Everton suspend arrangements with Russian linked billionaire

    March 2, 2022

    Premier League side Everton have suspended their commercial sponsorship arrangements with all Alisher Usmanov owned companies. The Russian billionaire is on a list of people who have had their assets frozen by the European Union in response to Russia’s invasion of Ukraine. Usmanov owns USM Holdings, who sponsor Everton’s training ground and has Everton owner [...]

  • Swiss billionaire receives offer to buy Chelsea as Roman Abramovich is pushed to sell Stamford Bridge club quickly

    March 2, 2022

    A Swiss billionaire has been approached to buy Chelsea football club, according to various reports this morning. 86-year-old Hansjorg Wyss reportedly confirmed he is interested in purchasing the Stamford Bridge club from Roman Abramovich, but only in a consortium. Russian-Israeli billionaire Abramovich is understood to want to retain his ownership of Chelsea but that could [...]

  • Russian athletes set for Winter Paralympics ban decision

    March 2, 2022

    Winter Paralympics organisers will decide today whether to ban Russian athletes just 48 hours before the Games are set to begin in Beijing. All Russian competitors have already arrived in China but the International Paralympic Committee is under pressure to stop them taking part in response to the country’s invasion of Ukraine. The International Olympic [...]

  • Premier League takes slow road to first NFT deal

    March 1, 2022

    Driven by the extraordinary early success of the NBA’s Top Shot digital collectibles, NFTs were the talk of the sports industry when the Premier League dipped its toe into the market last year. It launched a tender process, inviting bidders to submit proposals for a range of officially licensed Premier League NFTs, which was due [...]

  • Everton backer Usmanov has assets frozen by EU over Putin links

    March 1, 2022

    Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]

  • Sir Ben Ainslie on sailing, management and when he plans to stop racing

    March 1, 2022

    The acronym GOAT often gets bandied around in sport, usually unwarranted, but when it comes to British sailors, British Olympians and British sportspeople, Sir Ben Ainslie truly is up there with the Greatest Of All Time. The most successful sailor in Olympic history, an America’s Cup winner and multiple competitor, and now the man in [...]

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