America’s Cup: Ainslie’s GB1 adds Richard Mille to sponsor roster Sport Business Britain’s America’s Cup challenger expanded its sponsorship portfolio overnight, adding timekeeper Richard Mille to its roster. GB1, the British competitor in a competition with the world’s oldest international trophy, is led by Sir Ben Ainslie and will take part in the 38th America’s Cup next year in Naples. The boats are out in Italy this [...]
Manchester United losses increase despite Ratcliffe cost-cutting and record revenue Sport Business Manchester United have reported a financial loss for a seventh consecutive year despite Sir Jim Ratcliffe’s drastic cost-cutting. Net losses increased from £33m to £43m for the year ending June 2026, even though club revenue increased slightly to a new record £678m. The results relate to a season in which United sacked manager Ruben Amorim [...]
Thousands of jobs at risk as Ineos suspends operations at huge UK chemicals plants Industrials Thousands of jobs have been put at risk after Ineos suspended operations at three of the UK’s biggest chemicals plants, as owner Jim Ratcliffe took aim at “ridiculously high” energy prices in the UK. The three plants which are being idled produce the raw materials for pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives [...]
Manchester United’s new stadium could be delayed until 2035 as timeline slips September 16, 2026 Manchester United’s new stadium may not open until 2035, according to official planning documentation. The timeline for the £2bn-plus project has repeatedly slipped ever since minority owner Sir Jim Ratcliffe announced in March 2025 that United would build a new stadium rather than renovate Old Trafford. At the time, the billionaire said it could be [...]
Manchester United’s new stadium is a test of sports finance – but markets have a solution August 1, 2026 Manchester United’s proposed 100,000-seat stadium represents one of the largest sports infrastructure projects currently under consideration in Europe. The development is intended to become the centrepiece of a wider regeneration of the Old Trafford area, combining a new sporting venue with commercial, residential and entertainment uses. For investors, however, the defining question will be less [...]
Manchester United debt pile may force owners to fund new stadium June 24, 2026 Doubts have emerged over Manchester United’s capacity to fund their £2bn-plus new stadium unless the owners inject cash. The club announced on Monday that they had secured the land required to build the 100,000-seater venue – dubbed a “Wembley of the North” – from Indurent, which lets industrial units. The 25-acre site is only 350m [...]
Manchester United secure site for new stadium after switching location June 22, 2026 Manchester United have snapped up a 25-acre plot of land for their proposed 100,000-seater stadium after deciding to change the location of the project. United announced they had acquired a site 350m to the north west of their current ground from industrial land owner Indurent, which they say represents “the majority of the land required” [...]
Uefa probes Brighton and Hearts connection under Tony Bloom ownership May 20, 2026 Uefa is scrutinising the relationship between Hearts and Brighton and Hove Albion, with both clubs connected to Tony Bloom on course to qualify for Europe. Brighton owner Bloom holds a 29 per cent stake in Hearts – deliberately below the 30 per cent threshold Uefa prohibits owners from holding in more than one club in [...]
Sunday Times Rich List: Bath and Man United owners Dyson and Ratcliffe lose £10bn May 15, 2026 Manchester United and Bath Rugby investors Sir Jim Ratcliffe and Sir James Dyson have lost £10bn in the last year, according to the Sunday Times Rich List. Dyson, who earlier this year purchased 50 per cent of Prem Rugby club Bath, saw his and his family’s wealth fall £8.8bn, from £20.8bn to £12bn between 2025 [...]
Sir Dave Brailsford has left his role as director with Manchester United May 7, 2026 Sir Dave Brailsford has left his role as director with Manchester United just over two years after his Ineos pal Sir Jim Ratcliffe invested into the Premier League club. Brailsford has had a long-standing relationship with petrochemicals firm Ineos, having become team principal of the Ineos Grenadiers grand tour cycling team after its switch from [...]