Crystal Palace owner Blitzer part of £1bn mega stadium redevelopment Sport Business Co-owner of Premier League club Crystal Palace, David Blitzer, is part of a group spending around £1bn on a major new stadium that his team will share with another club. The American, who became the first investor to hold stakes in the big five North American leagues – MLS, MLB, NFL, NHL and NBA – [...]
Arsenal owner Kroenke takes total US franchise spend this summer to £23bn Sport Business Nearly £23bn of US sports franchises were sold across the summer after Arsenal owner Stan Kroenke purchased the Los Angeles Angels. The surprise purchase – a MLB record at £2.97bn – ended a summer of spending across North America which included basketball, NFL and women’s football. Kroenke’s sporting portfolio now puts the Angels alongside Premier [...]
Jordan-backed Sportradar accused of hiding from justice in monopoly row with rival Sport Business Michael Jordan-backed betting data giant Sportradar has been accused of trying to “shield itself from US justice and public scrutiny” in a multi-million-dollar legal row with competitor Altenar. Lawyers for Altenar told a US federal court that Sportradar’s request to move the dispute to private arbitration in Switzerland, where its head office is located, should [...]
Liverpool and LA Lakers deals set new bar for sport investment August 21, 2026 In one week Fenway Sports Group (FSG) sold 38 per cent of Liverpool to a consortium led by Amit Bhatia that also includes Jeff Bezos and Eduardo Saverin at a £5.5bn valuation, and former Disney chief Bob Iger and Donald Trump-linked Josh Kushner agreed to buy the LA Lakers for £9bn. These deals are massive, [...]
Is £5bn now the entry ticket into Premier League football? August 20, 2026 It may have taken 34 years but the Premier League has at last clawed its way into the financial big time. The reported £5.5bn valuation placed on Liverpool FC by a consortium of new investors that includes Amazon’s founder Jeff Bezos – aka the world’s third richest man – has the whiff of an NFL [...]
London Gatwick hotel owner plans swanky 18,000-capacity sport arena August 18, 2026 A Canadian property tycoon whose portfolio includes a hotel by Gatwick Airport is planning an 18,000-capacity arena for one of his sports teams. Tom Gaglardi is hoping to have a new arena up and running for the start of the 2031 hockey season, with his franchise’s existing lease running out in five years. The Dallas [...]
Trump-linked Kushner and ex-Disney boss to buy £9bn LA Lakers from Chelsea co-owner August 12, 2026 Josh Kushner, the Donald Trump-linked figure at the centre of the Fifa sell-off row, is to buy NBA’s LA Lakers from Chelsea co-owner Mark Walter in a £9bn deal. Walter purchased the Lakers for £7.4bn in October last year but is set to see a bumper return on his investment when Kushner – brother to [...]
Chelsea fans stunned as ticket sharing equated with sexual misconduct August 12, 2026 Chelsea have stunned supporters by equating unauthorised ticket sharing with sexual misconduct in their sanctioning guidelines for the new season. Premier League clubs are cracking down on ticket misuse but long-standing season ticket holders, who have long shared log-ins and built networks to help each other buy tickets, feel unfairly targeted. Bots and touts remain [...]
NBA Europe bosses using World Cup final to hold talks with football club chiefs July 15, 2026 NBA chiefs say they plan to hold further talks with bidders for franchises in its planned European league during the World Cup final weekend in New York. Spain – home to perhaps the two most important prospective NBA Europe franchise locations in Madrid and Barcelona – will be in town after they beat France in [...]
EuroLeague CEO interview: ‘NBA Europe? We have never been stronger and will never disappear’ July 8, 2026 EuroLeague CEO Chus Bueno has turned an organisation in crisis into one ready for battle with the NBA over the future of basketball. In an exclusive interview, he explains why he believes his vision will keep clubs from defecting and that rival European leagues would be bad for everyone. When former NBA vice president Chus [...]