Rolex sponsored Wimbledon stars made to pay for own watches Sport Business A Rolex sponsorship or ambassadorial contract is widely seen as a must-have endorsement by aspiring young tennis players, yet such deals can prove to be a mixed blessing. Such is the value and scarcity of the Swiss luxury watches that their endorsement department operates a strictly enforced tier system, with only their A-list clients such [...]
British basketball at war: How can BBF and SLB bloody battle be resolved? Sport Business British basketball is no stranger to turmoil but even by its warped standards the raging civil war between SLB clubs and governing body the BBF is extraordinary. At its heart is a power struggle for the right to run the domestic league. But it also involves claims of dishonesty, mission creep, vindictiveness and outright illegality [...]
Government to hand £500m to sports events, athletics Worlds may miss out Sport Business The Government will back major UK events such as the 2028 Euros and 2027 Tour de France depart to the tune of £500m, but did not publicly back the World Athletics Championships. DCMS Culture Secretary Lisa Nandy on Thursday evening pledged £900m of investment into major sorting events and grassroots sports, with £500m reserved for [...]
Tories: Labour desperate to use bookies tax to bail out Rachel Reeves June 17, 2025 Shadow sport and gambling minister Louie French has ripped into the Government over its plans for gambling taxes so soon after a sector white paper, describing them as a threat to bookies and horseracing. The Conservative MP for Old Bexley and Sidcup said Labour were “desperate” to find “easy tax rises to bail out Rachel [...]
Draper calls on government to invest in tennis and padel May 20, 2025 British No1 Jack Draper is among a number of tennis stars who have called on the Prime Minister Sir Keir Starmer to invest in court facilities. Draper joins the likes of Katie Boulter and Alfie Hewett in expressing concern over potential cuts of funding to tennis facilities, while demanding funds for “high quality community sports [...]
Kogan set for football regulator role after CMS committee endorsement May 9, 2025 David Kogan looks set to be confirmed as chair of the football regulator after a Culture, Media and Sport committee gave him a qualified endorsement for the role. In a report following his grilling by MPs on Wednesday, the committee said it was “content to endorse David Kogan OBE’s appointment as Chair of the Independent [...]
Independent Football Regulator costs could hike ticket prices, MP says April 28, 2025 Shadow sport minister Stuart Andrew has insisted the Independent Football Regulator’s reported £47.3m club compliance cost could push ticket prices up for fans. It came as the Conservatives, who introduced the original Football Governance Bill before the 2024 General Election, opposed the proposed legislation at the second reading stage on Monday in the House of [...]
Parliament warns against extending Premiership Rugby Covid-19 loans April 2, 2025 A top parliamentary committee has insisted Premiership Rugby clubs who are “financially unviable five years post-pandemic” should not have their Covid-19 loans extended. The damning report from the Public Accounts Committee – an influential group of backbench MPs who probe state spending – singled out the process in which £124m of loans funded by the [...]
Baroness Brady: Football regulator a solution in search of a problem February 19, 2025 West Ham United vice-chair Baroness Brady has said the incoming football regulator is a “solution in search of a problem”, adding that doing anything that changes the value of the Premier League broadcast deal would be “reckless and wrong”. The Football Governance Bill has been reintroduced into the House of Lords by the government having [...]
DCMS issue insolvency threat to rugby clubs over Covid-19 loans February 10, 2025 Rugby clubs have been warned after the Department of Culture, Media and Sport (DCMS) said it “wouldn’t hesitate” to use “all financial levers” available to recover loan payments owed by sports organisations from the pandemic. Those powers could see the government department aid in forcing insolvency on sports clubs to ensure the taxpayer recoups the [...]