Global sports market forecast to be worth $600bn by 2030 Sport Business Growth of the global sports market is forecast to accelerate, making it worth $600bn (£438bn) by 2030, according to a report published today by consultancy Kearney. The market has grown an average of five per cent annually since 2020 but that rate is expected to increase to eight per cent, the report says. “Sport is [...]
Exclusive: R360 rugby breakaway will have a player draft and be free-to-air Sport Business The R360 global rugby breakaway plans to be broadcast free-to-air, beginning with a draft of big-name male and female players where club owners are mic’d up, City AM has learned. The franchise-based project is slated to launch next year and – if successful – promises to fix the loss-making club game and change the face [...]
R360 rugby project fully funded and profitable after a year, say insiders Sport Business The breakaway R360 global club rugby competition has already secured the funding to launch in 2026 and is targeting a profit in its second year, sources close to the ambitious project have told City AM. Organisers of R360 intend to change the face of the sport through franchise ownership, attracting brands not traditionally associated with [...]