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Sport Business

  • Manchester United bidders want public statement from Glazers to show they are serious about selling the club

    February 20, 2023

    Manchester United suitors want the Glazer family to go public with their plans for the club and quell concerns that they are not serious about a possible £5bn sale.  British billionaire Sir Jim Ratcliffe and Sheikh Jassim Bin Hamad Al Thani of Qatar both confirmed submitting bids to buy the Premier League club last week, [...]

  • Former City lawyer tasked with reviewing demise of Wasps and Worcester Warriors in Premiership Rugby financial review

    February 20, 2023

    Legal heavyweight Sir Nigel Boardman, a former partner at City law firm Slaughter and May, has been appointed to lead a review of the financial crisis engulfing Premiership Rugby. Boardman, 72, led the government inquiry into the Greensill Capital lobbying row in 2021 and last year called time on a near-50-year stint with the Magic [...]

  • Ed Warner: The European Super League isn’t dead yet – and it’s because of the Premier League

    February 16, 2023

    “Laughable”, “all hot air”, “flimsy”, a “walking corpse”. So has English football, on a mostly unattributable basis, dismissed the attempt to breathe new life into the European Super League concept which unraveled so swiftly and spectacularly two years ago. But sat on this side of the English Channel, we would say that, wouldn’t we? Is [...]

  • Barcelona deny wrongdoing after £1m referee payments allegations emerge on eve of Manchester United tie

    February 15, 2023

    Barcelona have strenuously denied any wrongdoing on the eve of their Europa League meeting with Manchester United after it emerged they paid a referees’ chief more than £1m.  Spanish media reported that the club’s payments to Jose Maria Enriquez Negreira were being investigated by local prosecutors over possible tax irregularities. Barca said the fees paid [...]

  • Everton investment blow as MSP Sports Capital switches focus to £3.1bn Tottenham Hotspur takeover

    February 15, 2023

    Everton’s hopes of securing investment have suffered a blow after US private equity fund MSP Sports Capital reportedly turned its attention to a takeover of Tottenham Hotspur. MSP held talks about buying a minority stake from Everton majority shareholder Farhad Moshiri, who is seeking investment to help the cash-strapped club fund its new stadium build. [...]

  • Castore co-founder Tom Beahon on shelving IPO plans, bucking the Brexit trend by expanding in Europe, and the Andy Murray-backed sports brand’s first shoe launch

    February 15, 2023

    At a time when Brexit has caused some British businesses to retreat from Europe, fast-growing premium sportswear brand Castore is eager to buck the trend. The company, founded by former City boys Tom and Phil Beahon and which counts Andy Murray among its investors, has opened a distribution centre in the Netherlands and is increasingly [...]

  • Manchester United sale: Saudi Arabia and US consortium set to rival Sir Jim Ratcliffe and Qatar in £5bn takeover battle

    February 14, 2023

    Suitors from Saudi Arabia and the US are set to go up against Sir Jim Ratcliffe and a Qatari bid in the battle to buy Manchester United, City A.M. understands. The bank handling the sale, the Raine Group, has set a deadline of Friday for offers to be made to United’s owners, the Glazer family. [...]

  • Good news for Chelsea, Tottenham and Manchester City: Why clubs can forget about winning the Champions League if they’re not super-rich

    February 14, 2023

    Can you spend your way to the Champions League? Not necessarily, but it certainly improves your chances, based on analysis of the last 10 seasons, which shows a strong correlation between revenue and progress to the latter stages. Tottenham Hotspur face a tricky trip to Italian title holders AC Milan when the Champions League knockout [...]

  • Liverpool supporters sue Uefa: 600 fans demand compensation for Champions League crowd trouble that ‘ruined lives’

    February 14, 2023

    Hundreds of Liverpool supporters have launched a legal claim for compensation from Uefa after European football’s governing body was blamed for the crowd trouble at last year’s Champions League final. Law firm Leigh Day is representing more than 600 Reds supporters who they say “should be recompensed for the trauma they experienced” during chaotic scenes [...]

  • Nat Sciver-Brunt banks biggest salary in English women’s cricket after being signed in Women’s Premier League auction

    February 13, 2023

    All-rounder Nat Sciver-Brunt has landed what is thought to be the biggest contract in the history of English women’s cricket after being signed for the inaugural Women’s Premier League in India. Sciver-Brunt and spinner Sophie Ecclestone both secured six-figure deals at the Women’s Premier League auction today. Sciver-Brunt was sold to Mumbai Indians for 3.2 [...]

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