Golf ‘faces questions over financial viability’ following LIV setback Sport Business LIV Golf’s struggles raise questions about the long-term viability of the sport, according to a new independent report on the business of golf. The breakaway tour’s huge financial incentives disrupted golf and forced the PGA Tour to raise its prize money but LIV now faces an uncertain future after Saudi Arabia’s Public Investment Fund announced [...]
English cricket facing tragedy if ECB doesn’t change, warns county boss Sport Business English cricket chiefs risk the “tragedy” of counties going bust unless they offer more support to those without international matches or The Hundred, says Hampshire chief Rod Bransgrove. Sussex are among those to have suffered financial difficulties, leading to a points deduction from the England and Wales Cricket Board and the departure of chairman Jon [...]
Financial stability before glory: Why professional sport must grow up Sport Business Professional sport has never looked richer or felt more fragile. Revenues are growing, valuations are rising, and private capital is circling like never before. Yet beneath the surface, financial fragility remains endemic. Too many clubs – across football, rugby, cricket and beyond – are one bad season, one failed owner, or one missed broadcast deal [...]
Calls for Prem Rugby franchising grow as clubs register debts of £340m November 12, 2025 The 10 Prem Rugby clubs registered combined debts of £340m in the 2023/24 season as calls for a radical franchising process grow louder. Despite encouraging signs of growth in commercial income, the clubs in England’s top flight made a combined loss of £34m, according to the Leonard Curtis Rugby Finance Report. It comes as City [...]
Exclusive: Leicester Tigers and DCMS face scrutiny over £6m Covid loan renegotiation November 5, 2025 Leicester Tigers and DCMS are facing questions after they altered the repayment terms of the club’s £6m Covid-19 loan to interest-only until 2028. The change, which only emerged in the Prem Rugby club’s most recent financial accounts, casts further doubt on DCMS’s chances of recouping its £474m lending to sporting and cultural bodies – raising [...]
County cricket faces viability questions, warns report July 15, 2025 County cricket faces “questions about its long-term viability” despite a looming £520m windfall from sales of stakes in the Hundred franchises, a new report has warned. The Leonard Curtis Cricket Finance Report, launched yesterday at the Oval, examines the financial health of domestic cricket in England and Wales. It found that central funding accounts for [...]
Taxpayer-backed gaming studio collapses into administration July 8, 2025 A company backed by the UK government’s British Business Bank and has worked with some of the world’s largest gaming companies has collapsed into administration. Airship Interactive provides artwork for the likes of Disney, Microsoft and Blizzard and has contributed to titles such as Spider-Man, FC24 and Star Wars: Jedi Fallen Order. The British Business [...]
Insolvencies rise helps Leonard Curtis back into the black February 1, 2024 The rise in company insolvencies across the UK helped Leonard Curtis back into the black during its latest financial year, new documents have revealed.