BBC facing fight to retain £60m Wimbledon broadcast rights Sport Business The BBC faces the prospect of having to significantly increase its rights fee to the All England Club to extend their exclusive coverage of Wimbledon beyond 2027 amid increased competition for tennis amongst broadcasters. While Wimbledon’s status as a Category A “crown jewel” event means live coverage has to remain available on free-to-air channels, the [...]
Uefa Champions League prize money: How much can PSG and Inter win? Sport Business Paris Saint-German and Inter Milan will clash on Saturday in Munich in the Uefa Champions League final, but how much will the winner earn? The prize pot for this year’s top flight European club competition topped £2bn, up from £1.74bn last season, with prizes handed out for qualification as well as wins in the group [...]
Top executives back sport clubs and tech as attractive investments Sport Business Over two thirds of business executives see clubs and franchises as the most attractive investment opportunity over the next half-decade, new research has revealed. Over a quarter of executives asked instead said leagues and federations were preferred while nearly one fifth favoured participation events, according to Altman Solon’s Global Sports Survey. It is a tonic [...]
Exclusive: Forest, Chelsea and Inter players join £1.1m boot firm Sokito’s funding round December 11, 2024 Players from clubs such as Nottingham Forest, Chelsea and Inter Milan have joined a £1.1m funding round for eco-friendly football boot firm Sokito. A total of 60 players, 44 of whom are new investors, have joined the roster of investors from leagues including the Premier League, MLS and the Bundesliga. Chelsea’s Trevoh Chalobah is on [...]
Fiorentina issue update on player who collapsed during Serie A match December 2, 2024 The 22-year-old went to ground with a little over 15 minutes gone of the Serie A fixture with Inter Milan.
Arsenal return to scene of European glory night seeking another lift November 5, 2024 Arsenal’s last visit to the San Siro to play Inter Milan, 21 years ago this month, is the stuff of red and white legend. Desperately needing a result to keep alive their Champions League hopes but sent into battle at one of European football’s most daunting arenas without key players, Arsene Wenger’s team delivered a [...]
Oaktree Capital seizes Italian football giants Inter Milan over unpaid debt of £335m May 22, 2024 Suning’s debt relates to a loan of €270m taken out in 2021, which has accrued interest at 12 per cent and was due for repayment on Tuesday.