London Gatwick hotel owner plans swanky 18,000-capacity sport arena Sport Business A Canadian property tycoon whose portfolio includes a hotel by Gatwick Airport is planning an 18,000-capacity arena for one of his sports teams. Tom Gaglardi is hoping to have a new arena up and running for the start of the 2031 hockey season, with his franchise’s existing lease running out in five years. The Dallas [...]
Dallas Mavericks owner-backed Orreco acquires Ennis-Hill’s Jennis Sport Business A women’s hormone health platform founded by Dame Jessica Ennis-Hill has been acquired by AI bio-analytics platform Orreco. Jennis, the health and performance platform, was founded by London 2012 gold medal winner Ennis-Hill, joins parent firm Orreco AI and subsidiaries FitrWoman – a platform used by England’s Lionesses – and DDSA Computer Vision – a [...]
Mark Cuban and NBA stars join £3m raise for Irish sports tech firm Sport Business Billionaire investor Mark Cuban and several current NBA stars have backed a $4m (£3m) fundraising round for Irish sports tech company Orreco. They join major-winning golfers Padraig Harrington and Graeme McDowell as investors in Orreco, which uses AI to analyse athletes’ movement for signs of injury susceptibility. “This is the first proactive approach to use [...]
Shark Tank star Mark Cuban joins $750m private equity sports fund May 27, 2025 Star of Shark Tank and former Dallas Mavericks majority owner Mark Cuban is part of a new $750m private equity sports fund. Harbinger Sports Partners Fund will look to acquire minority stakes across a number of sports including Major League Baseball (MLB), National Football League (NFL) and National Basketball Association (NBA). Other figures included are [...]
NBA breaks rank with NFL and joins X and Truth Social alternative Bluesky February 18, 2025 The NBA has broken ranks with the NFL and established an official presence on Bluesky, the rival social media platform to X. The world’s biggest basketball league launched its account over the last week, though it did not post during its All-Star Weekend. The NBA and some of its teams join Major League Baseball in [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]