Chelsea’s Club World Cup winners’ prize? A £10m US tax bill Sport Business Chelsea will be hit with a US tax bill of around £10m as a result of winning the Club World Cup on Sunday. The stunning 3-0 win over Paris Saint-Germain in New York last weekend ensured Chelsea will receive £85m in prize money from competition organiser Fifa. Some £39.7m is to be paid immediately and [...]
Downing Street denies lobbying for Trump Turnberry to host Open in 2028 Sport Business Downing Street says the selection of hosts of the Open is a matter for the organisers amid claims US President Donald Trump has made repeated requests to Sir Keir Starmer for golf’s oldest major to be held at his Turnberry course in 2028. The Prime Minister’s official spokesman did not deny that Whitehall officials had [...]
Why The Open organisers R&A have swung back to £8.5m profit Sport Business The body recorded a profit after tax of £8.5m for the year ending 31 December 2023, an improvement of more than £10m on its loss of £2.2m in 2022.