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Sport Business

  • Asian Tour and Ladies European Tour team up for mixed golf tournaments

    March 7, 2022

    The Asian Tour and Ladies European Tour have joined forces to organise two mixed gender tournaments this year. The Asian Mixed Cup and Asian Mixed Stableford are both scheduled to take place in Thailand next month. Each will feature 60 Asian Tour players and 60 Ladies European Tour players playing for the same trophy and [...]

  • Football match-fixing on rise as ‘lone wolves’ take it to lower leagues and even youth level

    March 6, 2022

    It is almost 30 years since Bernard Tapie’s Marseille were found to be match-fixing in French football and more than 15 since the Calciopoli scandal rocked Serie A.  Yet far from being consigned to the past, the manipulation of results is on the rise across sport and becoming more prevalent outside of football’s top divisions, [...]

  • Abramovich sale of Chelsea could take place next week, says Premier League

    March 3, 2022

    The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]

  • F1 champion Verstappen signs new deal with Oracle Red Bull until 2028

    March 3, 2022

    Formula 1 world champion Max Verstappen has signed a contract extension that commits him to Oracle Red Bull Racing for the next seven seasons. The deal, which is reported to be worth £40m a year, is a five-year extension to his current agreement and takes him to the end of the 2028 campaign. “I really [...]

  • Ed Warner: Sport needs a united front against Russia, not patchwork of policies

    March 3, 2022

    On the opening day of Russia’s invasion of Ukraine the Polish wheelchair rugby team decided not to take to the court in their Euros group match against Russia in Paris. A classy move. If only others were so decisive.  The leaders of world sport are already divided in their response to Vladimir Putin’s war. It [...]

  • Clock ticking on Roman Abramovich after he puts Chelsea up for sale

    March 2, 2022

    Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]

  • Swiss billionaire receives offer to buy Chelsea as Roman Abramovich is pushed to sell Stamford Bridge club quickly

    March 2, 2022

    A Swiss billionaire has been approached to buy Chelsea football club, according to various reports this morning. 86-year-old Hansjorg Wyss reportedly confirmed he is interested in purchasing the Stamford Bridge club from Roman Abramovich, but only in a consortium. Russian-Israeli billionaire Abramovich is understood to want to retain his ownership of Chelsea but that could [...]

  • Russian athletes set for Winter Paralympics ban decision

    March 2, 2022

    Winter Paralympics organisers will decide today whether to ban Russian athletes just 48 hours before the Games are set to begin in Beijing. All Russian competitors have already arrived in China but the International Paralympic Committee is under pressure to stop them taking part in response to the country’s invasion of Ukraine. The International Olympic [...]

  • Premier League takes slow road to first NFT deal

    March 1, 2022

    Driven by the extraordinary early success of the NBA’s Top Shot digital collectibles, NFTs were the talk of the sports industry when the Premier League dipped its toe into the market last year. It launched a tender process, inviting bidders to submit proposals for a range of officially licensed Premier League NFTs, which was due [...]

  • Everton backer Usmanov has assets frozen by EU over Putin links

    March 1, 2022

    Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]

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