Greg Norman: I’d rather see LIV Golf end than wither away Sport Business Former LIV Golf CEO Greg Norman has said he would rather see the rebel tour scrapped altogether than continue in a diminished form. The tour’s future is in serious doubt after Saudi Arabia’s Public Investment Fund withdrew its backing earlier this year, having already spent $5bn on rivalling the PGA Tour. Talks continue over a [...]
Premier League: US owners dominate over half of 20 clubs Sport Business The Premier League returns this evening for its 35th season, and clubs have become commodities traded by some of the world’s richest and most influential investors. From private equity funds to billionaires to sovereign wealth, this current crop of 20 team owners – this season seeing Hull City, Coventry City and Ipswich Town replacing Burnley, [...]
Saudi Arabia’s PIF sign Queen’s deal despite wider sporting retreat Sport Business Saudi Arabia’s Public Investment Fund has announced a new partnership with the HSBC Championships despite a wider retreat from sport. The agreement, described by the Lawn Tennis Association as a multi-year deal, will see the sovereign wealth giant, a partner of both the ATP and WTA Tours, link up with the London tournament. It follows [...]
Expect investor activity in Premier League this summer, say Raine Group May 28, 2026 Raine Group, the bank behind the sale of Chelsea and Sir Jim Ratcliffe’s minority purchase of Manchester United, has said to expect heightened activity this summer as Premier League clubs move to sell stakes and raise capital. The respected US merchant bank, which has recently advised on NBA Europe and franchise sales in the Hundred [...]
What the LIV Golf Chapter 11 bankruptcy means? May 25, 2026 The potential bankruptcy of LIV Golf could see players leverage their power to take over the isolated business, according to experts. The rebel golf league, featuring the likes of Bryson DeChambeau and Jon Rahm, has reportedly begun bankruptcy plans after its Saudi Arabian backers – the Public Investment Fund – confirmed that they’ll cease funding [...]
LIV Golf players knew the risks of rebel tour, Rory McIlroy says May 12, 2026 Rory McIlroy says LIV Golf players knew the risks they were taking when they jumped ship to the rebel league, as uncertainty clouds the tour’s future. LIV’s backer, Saudi Arabia’s Public Investment Fund, this month confirmed that it will withhold further funding following the end of the season. The move has come as part of [...]
Is Mercedes-Benz’s $500m WTA Tour partnership value for money? May 7, 2026 With the deal between Mercedes-Benz and the WTA Tour well underway, Matt Hardy heads to Madrid to see if its value for money. The supermarket meal deal, the cost of an upgrade to business class, the Category A versus Category B match ticket; value for money is one of capitalism’s greatest dilemmas. It is a [...]
Bournemouth: Vitality Stadium expansion setback hits European plans May 6, 2026 Bournemouth’s plans to redevelop the Vitality Stadium ahead of a potential first season in Europe have been hit by delays. In what has been a remarkable season, it is still on the cards for the south coast club to qualify for the Champions League. They sit sixth in the Premier League, which will earn a [...]
LIV Golf hires restructuring experts as Saudi Arabia PIF ends funding April 30, 2026 LIV Golf have hired restructuring specialists to a newly established board of directors as the Saudi Arabian Public Investment Fund plans to halt its investment in the rebel league. Eugene Davis and Jon Zinman, described by the breakaway leagues as “seasoned experts in complex transactions, turnarounds, and restructurings” will come into LIV Golf as it [...]
LIV Golf to seek investment as Saudi Arabia PIF to cut funding April 30, 2026 LIV Golf is set to announce it is seeking new investment amid reports that Saudi Arabia’s Public Investment Fund is to cut off its funding. PIF has ploughed more than $5bn into LIV Golf since launching it as a challenger to the PGA Tour in 2022 and poaching top players including Bryson DeChambeau and Jon [...]