London is running out of development land for sport teams to build stadiums on Sport Business One of London’s greatest assets is its varied and wide-ranging sports scene; six Premier League football clubs, many further down the pyramid; iconic rugby, tennis and cricket grounds; indoor arenas as far as the eye can see. But with success comes a desire to expand and grow. Chelsea are actively assessing options for a new [...]
MSG Sport to spin New York Knicks and Rangers into NYSE-listed firms Sport Business Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms. The move will make the NBA-winning New York Knicks the first publicly traded basketball team in nearly a quarter of a century. The New York Knicks NBA spin-off [...]
Exclusive: Battersea Power Station rules out building NBA Europe stadium Sport Business Battersea Power Station chiefs have categorically ruled out suggestions that London’s NBA Europe team could build its home basketball arena on the site. The capital remains at the centre of a bidding war for an NBA franchise, with interested parties reported to include former Tottenham Hotspur chief Daniel Levy, current Spurs majority shareholders the Lewis [...]
EuroLeague CEO ‘open’ to NBA investment talks but yet to receive an offer September 16, 2026 EuroLeague Basketball chiefs are expecting a takeover approach from the NBA that would see the two organisations collaborate on a new European basketball league. CEO Chus Bueno said no offer had yet been put to the EuroLeague but NBA commissioner Adam Silver this week said that joining forces with the incumbent was now their preference. [...]
New York named world’s top sport city as London trails in fourth place September 15, 2026 New York has been crowned the world’s leading sport city while London continues to lag in fourth place in a new independent ranking published today. The Big Apple has benefited from increased visibility in 2026, driven by hosting the World Cup final and the Knicks ending their long wait for the NBA championship. That lifted [...]
London Lions and NordVPN owner signs up NBA legend Shaquille O’Neal September 14, 2026 The owners of cybersecurity firm NordVPN and British basketball champions London Lions have signed up NBA legend Shaquille O’Neal as an ambassador. The 7ft 1in O’Neal, a four-time NBA champion and member of the USA Dream Team who won Olympic gold at the Atlanta 1996 Games, is promoting NordVPN under the slogan “Go big on [...]
Crystal Palace owner Blitzer part of £1bn mega stadium redevelopment September 10, 2026 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 September 2, 2026 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 August 26, 2026 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, [...]