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 [...]
Mark Kleinman: Ratcliffe’s cost-cutting results in Manchester Disunited January 9, 2025 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles Ratcliffe’s own goal, Shawbrook setting the tone and a FTSE 100 Doomsday clash over pay Ratcliffe’s cost-cutting results in Manchester Disunited Sir Jim Ratcliffe might not like to admit it, but 2024 [...]
Sir Jim Ratcliffe ‘doesn’t care’, blasts Manchester United legend January 7, 2025 Manchester United legend Paul Scholes says Sir Jim Ratcliffe has done “nothing positive” during his first year as co-owner and believes ticket price hikes show he does not care about the fans. Ineos chairman Ratcliffe, the 72-year local-born billionaire who became minority shareholder of the Premier League club at the start of 2024, has defended [...]
Marcus Rashford’s investment company faces being forcibly shut down January 2, 2025 The investment company owned by troubled Manchester United star Marcus Rashford is at risk of being forcibly shut down. MUCS Investments Limited, which counts the footballer as its sole director, has been sued with a compulsory strike off notice by Companies House. The action has been taken after the firm failed to file its accounts [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
Ahead of the Game: Man United cuts could be copied by other clubs December 30, 2024 Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Amorim offers olive branch to axed stars after Manchester derby December 15, 2024 Manchester United manager Ruben Amorim offered axed pair Marcus Rashford and Alejandro Garnacho an olive branch after his side snatched a 2-1 Premier League win in the derby at freefalling Manchester City. United trailed with three minutes remaining thanks to Josko Gvardiol’s header but Amad Diallo turned the contest upside down by first winning a [...]
Ed Warner: Sport owners mustn’t forget the loyal and local in rush to go global December 12, 2024 In the frenzied rush to create global franchises and events, the sport business risks forgetting local and loyal fans at their peril, says Ed Warner. Storm Darragh dashed many sporting dreams last weekend, including those of the Australian 15-year-old who spent all his savings on a solo trip from Down Under only for the last [...]