Chelsea agrees terms of £4.5bn takeover bid led by Todd Boehly May 7, 2022 Chelsea has agreed to the terms of a £4.25bn takeover bid from a consortium of investors led by US billionaire Todd Boehly.
EP: 128 Lingfield, Ascot, Haydock & Hong Kong May 6, 2022 The 2022 Cazoo Derby & Oaks trials take place at Lingfield on Saturday when the 3 year olds try to book a place for the big day at Epsom racecourse in June. On the same afternoon Ascot stages a seven-race card, featuring the Victoria Cup handicap, run over the straight 7 furlong course. The summer [...]
Boris Becker could be deported after prison time ends May 6, 2022 Jailed former tennis star Boris Becker is likely to be deported after being released from prison. The ex world champion, 54, is serving a sentence of two-and-a-half years for hiding £2.5m worth of assets to avoid paying up on them after bankruptcy. According to the Times, a Home Office source said he is eligible for [...]
Sergio Perez interview: Miami GP, ambitions for the future and investing May 6, 2022 This weekend’s Miami Grand Prix will be the first of the season to be held in the Western Hemisphere and Red Bull’s Mexican maestro Sergio Perez cannot wait to be nearer to his homeland. “I think it is great being able to be closer to home,” Perez told City A.M. “I‘m really happy to be [...]
Ollie Phillips: A Leicester Tigers European triumph would be incredible May 6, 2022 If Leicester go on to win the Champions Cup this season I think it will be one of modern rugby’s greatest stories. From an extremely poor season just two years ago to the quarter-finals of Europe, while also heading up the Premiership table, is testament to Steve Borthwick and his ability to nurture a squad [...]
Chelsea owner Roman Abramovich: ‘Intentions of giving sale proceeds to charity have not changed’ May 5, 2022 Chelsea’s sanctioned owner Roman Abramovich has insisted his “intentions in relation to gifting the proceeds” to charity “have not changed.” The Russian-Israeli Billionaire said on Thursday, his team have “identified senior representatives from UN bodies and large global charitable organizations” who will form a foundation to distribute the funds. This comes after what the statement [...]
Manchester City were stupefied in Madrid. They need to find the smelling salts and fast May 5, 2022 Of all the astonishing facets of Real Madrid’s latest Champions League miracle this week, perhaps the eeriest was what it did to Manchester City’s players in the second leg of their semi-final at the Santiago Bernabeu. Under Pep Guardiola, City have become one of the most meticulously orchestrated teams on the planet. They have swept [...]
Liverpool part-owner RedBird Capital Partners makes approach to buy AC Milan – reports May 5, 2022 RedBird Capital Partners, the US investment firm with a minority stake in Liverpool’s owners, is interested in buying AC Milan, according to reports. RedBird has approached AC Milan’s owners, US hedge fund Elliott Management, about a possible deal for the Italian football club, reports Mark Kleinman for Sky News. Bahrain’s Investcorp had been expected to [...]
Ed Warner: The metaverse, Web3 and what it means for football club valuations May 5, 2022 In this week’s column, Ed Warner delves into the metaverse’s possible ramifications for the business of sport and considers the latest twists in the Chelsea sale saga. It was the shoes that put me in my place. Queuing to enter the SportsPro Live jamboree at The Oval last week, I scanned the footwear of my [...]
Chelsea facing administration unless Roman Abramovich drops plans to call in £1.5bn debt May 4, 2022 Chelsea owner Roman Abramovich will likely have to drop plans to call in his £1.5bn loan to the club or see it go into administration. Abramovich is reported to have scrapped an apparent previous commitment to write off the debt as part of the sale of the club. The sanctioned Russian oligarch is not allowed [...]