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Sport Business

  • Chelsea price is a steal – English clubs will be worth $10bn soon, says banker selling club

    April 28, 2022

    The banker running the sale of Chelsea FC says the club would be a bargain even if it fetches £2.5bn, a record price for a sports team. Joe Ravitch, co-founder of US bank the Raine Group, said he expected Premier League clubs to be worth several times more very soon. “My guess is that Chelsea [...]

  • Ed Warner: Russia ban shows Wimbledon chiefs have backbone – and other sports will take note

    April 28, 2022

    Fans at the Wimbledon Championships aren’t prone to booing, even in the face of a Nick Kyrgios meltdown. And for now they have been spared the challenge to their usual decorum of a Russian or Belarusian player striding onto Centre Court this summer – to the chagrin of the men’s and women’s tours, not to [...]

  • McLaren choses former Ferrari executive Michael Leiters to head automotive business

    April 27, 2022

    McLaren Automotive has appointed former Ferrari chief technology officer Michael Leiters as chief executive, the UK car maker announced today. “I could not be more excited to be joining McLaren Automotive as CEO at this important moment in its journey,” said Leiters today. “I look forward to growing that reputation for our loyal customers, employees, fans [...]

  • Dominant English football clubs eye rare clean sweep of all three European trophies

    April 27, 2022

    English clubs can complete a clean sweep of three European club trophies – Champions League, Europa League and Europa Conference League – this season, a feat not seen for more than 30 years, writes Frank Dalleres. Vienna, May 1990: Frank Rijkaard darts on to a pass round the corner from Marco van Basten, sprints clear [...]

  • Hull City owning Turkish media mogul to fly in reality TV contestants for final game of season

    April 27, 2022

    Championship football club Hull City are set to have some unusual guests at their final game of the season: contestants from the Turkish version of reality TV show Survivor. The contestants are due to be flown in especially from the Dominican Republic, where they are currently filming, for the match against Nottingham Forest next week, [...]

  • How Formula 1 has transcended fans to become sport’s latest buzzword

    April 27, 2022

    The sporting industry goes through cycles of obsessing over a buzzword or phrase that drives commercial and marketing strategy, but what happens when the buzzword of our time is in fact an entire sport? Formula 1 has attained that status. From its hit Netflix series Drive to Survive to its growing roster of global partners, [...]

  • Chelsea: End in sight as remaining bidders set out final pitches for club

    April 26, 2022

    The final three bidders in the race to purchase Premier League outfit Chelsea are in London to make their final pitches for the Blues. Todd Boehly – co-owner of the LA Dodgers baseball team – and his consortium set out their stall on today with the other two pitches – headed up by former Liverpool [...]

  • If the metaverse is the future, what does it hold hold for sport?

    April 26, 2022

    Since Facebook rebranded to Meta last year, barely a day passes without a new capital raise, brand launch or futures fund for the metaverse, but what exactly is it and what does it mean for sport and its biggest stars? Despite the metaverse being a relatively recent term, it’s clear a new virtual reality is [...]

  • Novak Djokovic set to play Wimbledon after chiefs confirm vaccination is not mandatory

    April 26, 2022

    Novak Djokovic will be able to defend his title at Wimbledon this summer after organisers said that players unvaccinated against Covid-19 would be allowed to enter. World No1 Djokovic was forced to miss the Australian Open in January because of his stance on the jab, which caused a convoluted legal row and led to his [...]

  • Home run: FanDuel pens partnership with New York Yankees as Flutter continues stateside domination

    April 26, 2022

    Flutter owned FanDuel has agreed a new multi-year partnership with the New York Yankees as it continues its stateside domination.

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