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Sport Business

  • EFL board set to discuss National League promotion demand

    February 5, 2025

    The EFL board will meet on Thursday amid renewed pressure from the entire National League to increase the number of promotion places from two to three. All 72 National League clubs, which represent the fifth and sixth tiers of English football, wrote to the EFL this week demanding the increase with immediate effect. The issue [...]

  • Cristiano Ronaldo wants to own ‘several football clubs’

    February 5, 2025

    Cristiano Ronaldo wants to take his prolific streak into the boardroom when he retires from playing football by owning a multi-club network. Ronaldo shows no sign of hanging up his boots as he turns 40 today, with the forward still breaking goalscoring records for Portugal and Al Nassr in the Saudi Pro League. But the [...]

  • Making it Raine: US bank to earn £10m from Hundred franchise sales

    February 5, 2025

    The Raine Group is on course to bank around £10m in commission from its role in the sale of the eight Hundred franchises. City AM has learned that the New-York based bank will earn fees worth two per cent of the price paid for 49 per cent stakes in the franchises sold by the England [...]

  • Rocket Padel banks on ‘tenfold’ growth ahead of London expansion

    February 5, 2025

    Britain’s booming number of padel players can grow tenfold because the country has the “perfect ingredients”, says the founder of Rocket Padel as the operator prepares to open a new club in Beckton, east London. The new site, due to open in April, will be the Scandinavian brand’s seventh club worldwide and its fourth in [...]

  • Boost for UK industry as another F1 team heads to ‘motorsport valley’

    February 4, 2025

    Sauber will become the next Formula 1 team to open a base in the UK’s “motorsport valley” as Audi prepares to enter the sport in 2026. The Swiss-based team has struggled to recruit top engineering talent from other teams due to its base on the continent. They’ll join the likes of Mercedes, Red Bull and [...]

  • Man City splurge drives third biggest Premier League January spend

    February 4, 2025

    Manchester City’s record £180m outlay saw Premier League clubs rack up their third biggest January transfer window spend ever. English top-flight clubs spent a total of £370m during the winter transfer window, which closed on Monday night after a flurry of late activity. The biggest deal saw struggling champions Manchester City make Spanish midfielder Nico [...]

  • Exclusive: Saudi Arabia readies Olympic Games bid but may hold until 2040

    February 4, 2025

    Saudi Arabia is readying a bid to host the Olympic Games but is prepared to wait until 2040 to maximise its chances, a leading official has told City AM. Group CEO of Diriyah Company Jerry Inzerillo said it was a “matter of time before Saudi will announce an intention for an Olympic bid”, adding that [...]

  • Lucknow Super Giants owner wins £100m race for Manchester Originals

    February 3, 2025

    RPSG Group, the owner of Indian Premier League team Lucknow Super Giants, has won the race to buy into Manchester Originals in a deal valuing the Hundred franchise at £100m. The conglomerate, chaired by Sanjiv Goenka, has agreed to pay around £50m for the England and Wales Cricket Board’s 49 per cent stake in the [...]

  • Eyeball.Club: The AI scouting platform shaking up the January transfer window

    February 3, 2025

    The January transfer window has underlined the importance of finding football’s next big thing earlier, and AI scouting platform Eyeball.Club is built for that, says founder Benjamin Balkin. Manchester United’s £30m signing of Danish left-back Patrick Dorgu, 20, wasn’t just one of the biggest deals of the January transfer window. It also distilled one of [...]

  • Banker Rowland launches Britain’s most lucrative padel tournament

    February 3, 2025

    Redwood Bank founder Jonathan Rowland’s R3 Sport is launching Britain’s most lucrative padel tournament in association with Bullpadel, one of the game’s leading brands. The R3 Bullpadel Cup will consist of up to six events taking place across the country from April this year and culminating in the Cup Finals in December. It is understood [...]

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