Welsh Fire Hundred owner still in mix for $1.7bn Rajasthan Royals IPL team Sport Business The co-owner of The Hundred team Welsh Fire remains in the hunt for Indian Premier League franchise Rajasthan Royals despite a rejected $1.7bn bid, City AM understands. The Royals, who won the first season of the Indian Twenty20 competition in 2008, are one of two high-profile IPL teams currently up for sale. Royal Challengers Bengaluru, [...]
Analysis: Could £1bn IPL RCB cricket windfall begin Diageo’s comeback? Sport Business It’s been a tough few months for Diageo – and a tough few years for Diageo shareholders. The London-listed drinks giant has seen its share price melt away amid a slump in demand for premium spirits, rising production costs and a flurry of tariffs from across the pond. The stock is already down by an [...]
Tottenham chiefs lobby Uefa to increase Champions League squad size Sport Business Tottenham Hotspur are lobbying Uefa to increase Champions League squad sizes after Thomas Frank was forced to drop Mathys Tel for the second time this season. Tel, who joined the club in a £30m deal last summer, was cut from Tottenham’s squad before last week’s 2-0 win over Borussia Dortmund to enable Dominic Solanke’s return [...]
SA20 future in doubt as Big Bash sale process squeezes cricket investment January 7, 2026 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 [...]
LIV Golf is the clear winner of tussle with PGA Tour – it forced change November 29, 2025 Those who see the convergence between LIV Golf and the PGA Tour as a victory for the old order fundamentally misunderstand how disruption works, writes Matt Readman. “What are we even doing here anymore?” That was the reaction of golf journalist and vlogger Dan Rapaport to the news that LIV Golf was shifting from its [...]
The Hundred: New owners relax salary rules to attract top talent October 31, 2025 The Hundred’s new overseas investors have rung the changes for next year’s competition, confirming that an auction will replace the player draft and that franchises will have new maximum and minimum salary budgets. In moves designed to attract more top global talent to the summer white-ball cricket tournament, individual player salaries will be uncapped and [...]
IPL value drops for second year in row, sinking 10 per cent October 15, 2025 The IPL’s estimated value has been downgraded for the second consecutive year, with the franchise cricket competition shrinking by over 10 per cent. The biggest cricket league in the world has been rocked by changes to betting laws in India, while a less competitive media rights landscape has contributed to D&P Advisory declaring shrinkage in [...]
European T20 Premier League: Is this cricket’s next growth market? September 16, 2025 When Italy’s men secured their historic qualification for next year’s T20 World Cup earlier this summer, the cheers reached all the way to India. Over in the subcontinent, a group backed by Bollywood royalty toasted the news as proof of their belief that European cricket is a largely untapped well of talent – and, more [...]
Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru June 10, 2025 Beverage giant Diageo is mulling a potential sale of its Indian Premier League (IPL) side Royal Challengers Bengaluru. The reigning IPL champions – whose roster this year featured the likes of England’s Phil Salt, Liam Livingstone and Jacob Bethell, as well as Australians Tim David and Josh Hazlewood – are owned by United Spirits, a [...]
Red Bull diluted: Energy drink giant reduces stake in Leeds United May 21, 2025 Red Bull’s stake in Leeds United has reduced to below 10 per cent after the German energy drinks company declined the opportunity to invest in the issue of £120m of new shares ahead of the club’s return to the Premier League. The new funding has been provided by members of the 100-strong consortium of investors [...]