Apple eyes MLS sell-off as even Messi can’t save £2bn deal January 29, 2025 Apple TV is considering selling off some of its international rights to Major League Soccer (MLS) just two years into a 10-year deal. The streaming company is paying $250m (£200m) a year for global MLS rights in a bet that interest in the American domestic league would grow significantly on the back of Lionel Messi’s [...]
Top executives back sport clubs and tech as attractive investments January 28, 2025 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 [...]
Fans issue warning to Ratcliffe over Manchester United sponsors January 27, 2025 The Manchester United Supporters’ Trust (MUST) has warned Sir Jim Ratcliffe that fans have the power to drive away sponsors if the club does not freeze ticket prices. Old Trafford regulars fear that co-owner Ratcliffe will hike prices for next season as he looks to reverse losses of more than £300m in the last three [...]
Man United investor Ineos splits with key sport figure January 24, 2025 Ineos, minority investors of Manchester United, split with a key sports figure on Thursday, citing a failure to agree over the future. The Sir Jim Ratcliffe-owned chemicals giant and British Olympic gold medal winner Sir Ben Ainslie have parted ways following Britain’s first appearance in an America’s Cup final in 60 years. The two parties [...]
Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how January 24, 2025 A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]
Man United legend Bryan Robson to be hit with tax bill over ambassador role January 21, 2025 Former Man United legend Bryan Robson has lost a chunk of his IR35 case against HMRC leaving him exposed to a undisclosed tax bill
Rashford exit to cost Man Utd as clubs battles to meet PSR rules January 14, 2025 Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]
Ineos boss Sir Jim Ratcliffe: UK chemical manufacturing ‘having the life squeezed out of it’ January 13, 2025 Ineos boss Sir Jim Ratcliffe has warned British chemicals manufacturing is having the “life squeezed out of it” by the government, and is on the verge of extinction. The business titan slammed the de-industrialising of Britain, which started in the 1970s and 1980s, and criticised the government for a lack of energy strategy and high [...]
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 [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]