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Sport Business

  • Tennis ace Naomi Osaka moved to tears in first press conference since revealing battle with depression

    August 17, 2021

    Tennis star Naomi Osaka broke down in her first press conference since pulling out of the French Open and revealing her struggle with depression earlier this year. The world No2 took a break from the video call at the Cincinnati Open on Monday evening after appearing to become upset after a question about her relationship [...]

  • Barcelona president Joan Laporta reveals debts at crisis club have grown to £1.15bn following Lionel Messi departure

    August 16, 2021

    Barcelona, once hailed as the model for all football clubs to follow, are now £1.15bn (€1.35bn) in debt, according to their president Joan Laporta. The five-time European champions’ financial crisis was highlighted last week by their inability to afford a new contract for Lionel Messi, their greatest ever player. Laporta said Barcelona’s wage bill exceeded [...]

  • Nyck de Vries wins Formula E drivers’ championship

    August 16, 2021

    Mercedes-EQ driver Nyck de Vries won his maiden Formula E world championship on Sunday after finishing eighth in the final race in Berlin. De Vries benefited from three of his rivals failing to finish: Jaguar driver Mitch Evans experienced a technical failure on the grid, Rokit Venturi’s Edoardo crashed into him and later British driver [...]

  • Sutton United: How the non-league lifers did a Leicester – and why they have had to transform the club for their debut season in the EFL

    August 7, 2021

    Sutton United’s long-serving chairman Bruce Elliott has more than one reason to look forward to today’s trip to Forest Green Rovers. Elliott’s overriding emotion will be pride that the club he has been involved with for half a century has reached the English Football League (EFL) for the first time in their 123-year history. But [...]

  • £100m Jack Grealish: How most expensive signing in Premier League history compares to biggest transfers of all time

    August 5, 2021

    Jack Grealish has become the most expensive signing in Premier League history after completing his £100m transfer from Aston Villa to Manchester City. Grealish is also the most expensive English player ever to be traded, and the eighth most expensive transfer of all time. The England attacking midfielder, 25, shone for England as they finished [...]

  • CVC to enter football with £2.3bn deal for 10 per cent of Spain’s LaLiga

    August 4, 2021

    CVC Capital Partners is set to make its first major football investment by paying €2.7bn (£2.3bn) for a minority stake in Spain’s top league, LaLiga. The private equity giant, which has invested heavily in rugby in recent years, has an agreement in principle for around 10 per cent of LaLiga. “LaLiga confirms a strategic agreement [...]

  • Socios: The blockchain-enabled fan token platform promising to unlock revenue from the global fanbases of sport’s most famous teams

    July 31, 2021

    Football’s transfer market may have lacked headline-grabbing deals so far this summer but the same can’t be said for Socios. The platform, which sells “fan tokens” offering supporters the chance to influence decisions at their team, has instantly increased visibility with a clutch of major partnerships. Last week Socios announced the launch of an Arsenal [...]

  • European football market contracted by £3.4bn in first few months of Covid-19 pandemic, Deloitte report finds

    July 29, 2021

    The European football market shrunk by 13 per cent in the first few months of the pandemic, according to analysis by Deloitte. Total revenue fell by €3.7bn (£3.4bn) to €25.2bn (£22.1bn) in 2019-20, the first decrease since the global financial crisis struck more than a decade earlier. Clubs suffered as leagues were postponed and resumed [...]

  • Barack Obama joins NBA’s African arm as strategic partner and minority shareholder

    July 28, 2021

    The National Basketball Association (NBA) has announced that former US president Barack Obama has joined its new African arm as a strategic partner. The 44th President of the United States will also own a minority stake in NBA Africa, which officials say he intends to use for Obama Foundation projects across the continent. Obama will [...]

  • Ineos strikes deal with New Zealand Rugby to add All Blacks to sporting stable that includes Formula 1, cycling and football teams

    July 28, 2021

    New Zealand Rugby has announced Ineos is to become its official performance partner in a six-year deal beginning in 2022. The deal sees New Zealand Rugby’s national teams, including the All Blacks and the Black Ferns, join the growing Ineos sporting stable, which is owned by British billionaire Sir Jim Ratcliffe. They will join Mercedes-AMG [...]

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