Djokovic co-founded player group seeks $1bn backing for new tennis tour Sport Business The lobby group co-founded by Novak Djokovic, the Professional Tennis Players Association, is seeking up to $1bn in investment to back its proposed shake-up of the professional circuit. According to multiple reports, the PTPA has contacted more than 20 banks and financial advisory firms to drum up support for its vision, which includes a new [...]
SA20 future in doubt as Big Bash sale process squeezes cricket investment Sport Business The SA20 franchise tournament is facing an uncertain financial future amid the threat of fresh competition for funding from Cricket Australia’s Big Bash, which is preparing to sell off stakes in its franchises to private investors later this year. All six SA20 franchises are owned by Indian Premier League teams, many of whom have expressed [...]
Tennis stars on collision course with Grand Slams over reforms Sport Business Leading tennis players including Jannik Sinner and Aryna Sabalenka are understood to be unhappy with the Grand Slams about a lack of progress over welfare, prize money and consultation reforms. The top 10 players from the men’s ATP and women’s WTA tours have been in discussions with Wimbledon, the French Open, the US Open and [...]
Tennis shines a light on new competition law battleground in sport July 20, 2025 Does the tennis court situation prove that communication is always the answer, asks Thorndon Partners co-founder Charles McKeon. The problem with trying to shut down a conversation is that it often has the opposite effect. That’s a lesson the governing bodies of tennis may be learning the hard way. Public and private communications between players [...]
Andy Anson: British Olympic chief poached by London private equity firm July 10, 2025 Knightsbridge-based private equity firm BD-Capital Partners has poached British Olympic Association CEO Andy Anson to join the board of its recently acquired performance nutrition brand Science In Sport. Former Manchester United and Walt Disney Company executive Anson will depart the BOA in October after six years as chief executive, during which time Team GB won [...]
Billionaire hedge fund investor Bill Ackman beaten in ATP Tour debut July 10, 2025 Billionaire hedge fund investor Bill Ackman was beaten in straight sets as he made his ATP Tour debut. The 59-year-old chief executive of Pershing Square Capital Management lost 6-1 7-5 in the Hall of Fame Open doubles tournament in Rhode Island alongside his partner Jack Sock – a three-time grand slam winner. Ackman was entered [...]
Sue Barker rebuffed approach from Sky Sports to front tennis coverage June 30, 2025 Tennis broadcasting stalwart Sue Barker has revealed she rebuffed an approach to work for Sky Sports as the former face of Wimbledon’s BBC coverage remains away from the cameras. The former French Open winner left the BBC in 2022 after a 30-year broadcasting career which included fronting the Wimbledon Championships and Queen’s, as well as [...]
WTA Ventures: Queen’s, CVC Capital Partners and an organisation pushing on June 16, 2025 After a successful week of WTA tennis at Queen’s, WTA Ventures chief Marina Storti discusses the state of the sport, its private equity partner CVC Capital Partners and a potential merger with the ATP. When 37-year-old Tatjana Maria upset the odds to win the HSBC Championships in front of 9,000 fans on Sunday, she became [...]
Tennis at war as Alcaraz opposes legal action by Djokovic union PTPA March 20, 2025 Wimbledon champion Carlos Alcaraz insists he does not support legal action taken against the ATP and WTA Tours by Novak Djokovic’s Professional Tennis Players’ Association (PTPA). The PTPA this week brought lawsuits “on behalf of the entire player population” against tennis chiefs, alleging that they abused their dominant position to the detriment of players’ welfare. [...]
Tennis: Djokovic, Kyrgios and others sue ATP and WTA Tours March 18, 2025 Novak Djokovic, Nick Kyrgios and other tennis stars are suing the ATP and WTA Tours, as well as the International Tennis Federation, in multiple jurisdictions. The striking move comes as part of a wider claim from the Professional Tennis Players Association, the organisation set up by 24-time Grand Slam winner Djokovic in conjunction with former [...]