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Sport Business

  • Chelsea sale: Todd Boehly bid wins backing from influential former player Paul Canoville

    April 26, 2022

    Influential former Chelsea player Paul Canoville has thrown his weight behind Todd Boehly’s bid to buy the club. Canoville, who has a suite named after him at Stamford Bridge, has come out in support of the Boehly consortium after holding talks with all three remaining bidders. “This is by far the best fit for Chelsea [...]

  • English football regulator won’t ban owners for geopolitical reasons, says Government

    April 25, 2022

    A new independent regulator for English football will not seek to prevent takeovers or force out owners on the basis of geopolitical issues, the Government has confirmed. The regulator will have power to implement tougher tests on prospective club buyers to “root out unsuitable owners”, the official response to last year’s Fan Led Review of [...]

  • Chelsea bidders told they must commit to keeping control of club for 10 years

    April 25, 2022

    The three shortlisted bidders in the sale of Chelsea Football Club have been told they must commit to holding a majority stake for at least 10 years, according to reports. The requirement is set to be a legally binding part of any agreement to purchase the Premier League team from sanctioned owner Roman Abramovich, Sky [...]

  • English football to get independent regulator to oversee finances, Government confirms

    April 25, 2022

    The Government will today confirm plans to introduce an independent regulator for English football to oversee the game’s finances and prevent more clubs from going bust. It will have legal powers to investigate and sanction teams, and will also be tasked with drawing up and operating tougher tests for anyone wanting to own English clubs. [...]

  • Rugby league great Jamie Peacock completes 21-hour, 100-mile London run for charity

    April 21, 2022

    Rugby league legend Jamie Peacock has helped to raise thousands of pounds for charity by running a gruelling 100-mile double loop of London. Peacock, 44, ran for 21 hours – including through the night – to complete the challenge for mentoring charity Greenhouse Sports over Easter weekend. The former England and Great Britain captain took [...]

  • Lewis Hamilton and Serena Williams bankroll Sir Martin Broughton-led bid for Chelsea

    April 21, 2022

    Formula 1 driver Lewis Hamilton and tennis superstar Serena Williams are helping to bankroll the Sir Martin Broughton-led bid for Chelsea. Hamilton, who has previously said he supported the club’s London rivals Arsenal, and 23-time Grand Slam winner Williams are among the backers of the only British-led consortium in the running, Mark Kleinman first reported [...]

  • Newbury Racecourse hires UK’s first female race caller as part of diversity drive

    April 21, 2022

    Newbury Racecourse has hired broadcaster Dani Jackson to be the UK’s first female on-course race caller. Jackson, a regular presenter on bookmaker William Hill’s television programmes and the Racing Post’s social media content, will call all of Newbury’s charity races this year. Her appointment is part of a new initiative by the racecourse to encourage [...]

  • Wimbledon warned it could face legal challenge over ban on Russian and Belarusian players

    April 21, 2022

    Wimbledon organisers could face a legal challenge after banning Russian and Belarusian players, according to sports lawyers. Daniil Medvedev and Aryna Sabalenka are among the leading contenders set to miss out following the All England Club’s (AELTC) decision. The men’s ATP Tour has criticised the move, while the women’s WTA Tour previously said it would [...]

  • Ed Warner: The higher the price for Chelsea, the sooner their new owners will feel the strain

    April 21, 2022

    Unless the media have been blindsided by a canny investment bank, it seems that there are no sovereign wealth funds or squillionaires left in the running to buy Chelsea. No Musk, Bezos, Chinese tech magnate or gas-rich autocracy. The three remaining bidders, as reported, are all consortia. Let the game theory commence. The selling bank, [...]

  • How Nike’s Jordan deal changed sports industry: new Ben Affleck and Matt Damon film to tell story

    April 20, 2022

    Ben Affleck and Matt Damon are to star in a new film about the rise of Nike from upstart trainer brand to global sportswear giant. The movie will focus on Nike’s unlikely pursuit of a contract basketball star Michael Jordan – a deal which transformed the company’s fortunes and changed the course of the industry. [...]

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