International Tennis Federation facing mounting questions over Davis Cup deal after Gerard Pique’s Kosmos group brings legal action January 26, 2023 Former footballer Gerard Pique’s Kosmos investment group has heaped more pressure on the embattled International Tennis Federation by launching legal action over the early termination of their $3bn Davis Cup deal. The ITF ripped up the 25-year agreement after less than five years earlier this month in response to Kosmos asking to renegotiate the $120m-a-year [...]
Revealed: Chelsea owner’s plans to pump money into women’s tennis – and why some insiders are alarmed January 25, 2023 Billionaire part-owner of Chelsea Mark Walter is the US businessman in talks with the International Tennis Federation over a controversial proposal to bring private investment to the Billie Jean King Cup, City A.M. has learned. We revealed yesterday that the ITF is close to agreeing a major new partnership with a US group to promote [...]
Billionaire Mark Walter: Who is he, what sports teams does he own and what is his net worth? January 25, 2023 Mark Walter is a 63-year-old American businessman who’s chief executive of financial services firm Guggenheim Partners and a keen player in the world of sports team acquisitions. Walter, from Cedar Rapids in Iowa, may be best known to British sports fans due to his recent part-acquisition of a Premier League football club. He was part [...]
‘We don’t live in Barbados’: Chelsea boss Emma Hayes fumes at FA chiefs after game is abandoned after NINE minutes January 22, 2023 Chelsea manager Emma Hayes blasted the Football Association after the Women’s Super League (WSL) champions’ match with Liverpool was abandoned after less than 10 minutes because of a frozen pitch. The game at Kingsmeadow was given the go-ahead after grounds staff used hot air blowers on the worst-affected areas but referee Neil Hair called it [...]
Chelsea, £400m of signings, long contracts and Financial Fair Play: Key questions answered January 21, 2023 Chelsea have raised eyebrows by spending close to £400m since Todd Boehly’s consortium bought the club last summer, including more than £100m in the January transfer window, but has it left the Premier League club in danger of breaking Financial Fair Play (FFP) rules? Why have they been signing players to unusually long contracts? And [...]
Sports TV: What’s on, what time is it on, where to watch? January 20, 2023 European rugby groups conclude this week as the sports schedule begins to look towards February. There’s free-to-air football on the television while the Australian Open continues. Here’s what you need to add to your sporting calendar this weekend. Rugby: Harlequins v Sharks, Saturday This weekend sees the final round of the group stages of rugby [...]
World’s richest football clubs 2023: Manchester City retain top spot as Premier League clubs dominate Deloitte Football Money League – see the full ranking January 19, 2023 Manchester City have retained their status as the world’s richest football club, according to the latest edition of the Deloitte Football Money League, which underlines the dominance of the Premier League. Abu Dhabi-owned City topped the annual list, which is based on revenue in the 2021-22 season, for a second year in a row, ahead [...]
Here’s how Chelsea’s £89m deal for Mykhailo Mudryk has inadvertently funded Ukraine’s war effort January 16, 2023 Less than a year after Chelsea’s owner Roman Abramovich was sanctioned and forced to sell the club over his links to a Russian regime that had invaded Ukraine, the resistance is set for a £20m windfall as a result of the Blues’ latest signing, Mykhailo Mudryk. Mudryk’s former team Shakhtar Donetsk announced on Monday that [...]
Mykhailo Mudryk: Chelsea hand Ukraine winger longest contract in Premier League history after beating Arsenal to his signing January 15, 2023 Chelsea have handed what is believed to be the longest contract in Premier League history to new £89m signing Mykhailo Mudryk. The Blues outbid Arsenal to beat their London rivals to the Ukraine winger, who has agreed an eight-and-a-half year contract that runs until 2031. Mudryk was at Stamford Bridge on Sunday to watch his [...]
Joao Felix: Chelsea pay eight-figure loan fee to make Portugal and Atletico Madrid star the 12th signing under Todd Boehly January 11, 2023 Chelsea have continued their recruitment drive by signing Portugal forward Joao Felix on loan from Atletico Madrid for the rest of the season. The 23-year-old is the 12th player to join since Todd Boehly’s consortium bought the Premier League club from Roman Abramovich for £2.5bn last summer. Chelsea are believed to have agreed to pay [...]