Week in Sportbiz: Olympic chiefs offer vaccines to athletes; Israel wins French Super Cup; and Winklevoss twins return to Boat Race March 11, 2021 Olympic chiefs have eased concerns around this summer’s Games by offering Covid-19 vaccines to any athlete set to compete at Tokyo 2020. The International Olympic Committee (IOC) said the offer applied to athletes and teams involved in either Tokyo or the Winter Games in Beijing in February 2022. The IOC will buy the vaccines from [...]
Crystal Palace chairman Steve Parish says Champions League expansion plans will have ‘devastating effect’ on English football March 10, 2021 Crystal Palace chairman Steve Parish has called plans to expand the Champions League and change the qualifying criteria “very concerning”. Europe’s top football clubs and governing body Uefa have proposed an overhaul that would create 100 more fixtures and allocate extra places on the basis of historical success from 2024. “With the assault on the [...]
Goals galore: Why the return of the Champions League and Europa League is good news for fans (and bad news for goalkeepers) March 9, 2021 The Champions League and Europa League resume this week and – *checks calculator* – that is good news for the armchair football fan. After a lively, goal-strewn start, excitement in the Premier League has plateaued as the season has rumbled on, leading to fears that fatigue had taken hold owing to a short pre-season and [...]
Tokyo 2020: Decision on overseas spectators to be taken this month amid Japanese concern over increased Covid-19 risk March 8, 2021 Olympics chiefs will decide this month whether to ban overseas spectators from this summer’s delayed Tokyo 2020 Games. The Olympics and Paralympics are set to go ahead despite continued concern at the Covid-19 situation in Japan, which extended a state of emergency in Tokyo and neighbouring prefectures on Friday. Around 15,000 athletes and other personnel [...]
Horse racing must embrace innovation to build a prosperous future – and this is the perfect time to start March 8, 2021 British horse racing is facing financial challenges and, as with many sports, has suffered a heavy toll during the pandemic. As the country’s second biggest spectator sport, the exclusion of racegoers has cost around £300m, the British Horseracing Authority (BHA) estimates. A review of the Betting Levy is seen as one way of addressing Covid-19-induced [...]
The football club of the future? How Lewes FC’s principles have started to pay off – and their aim of becoming the world’s most owned team March 5, 2021 They take pride in doing things differently at Lewes FC, the small football club with big ideas. From the beach huts that act as hospitality boxes at the Dripping Pan, their distinctive ground with the sunken pitch, to the prosecco served at matches and the pop-culture inspired posters that advertise fixtures, the East Sussex outfit [...]
Week in Sportbiz: Formula 1 takes the pain; Budweiser buys NBA rights; watch every PGA Tour shot; World Rugby’s bad timing; squash, the great survivor March 4, 2021 “Our goal was to try and take the pain in 2020,” Greg Maffei, president of Formula 1 owners Liberty Media, told investors this week. Maffei can consider that mission accomplished after Liberty laid bare the devastating effect of the pandemic on F1’s finances last year. F1 slipped from a $17m profit in 2019 to a [...]
Barcelona and Real Madrid handed multi-million tax bills as European Court of Justice issues ‘definitive’ verdict in state aid case March 4, 2021 Barcelona and Real Madrid must pay millions of Euros in extra tax after the European Court of Justice found they benefited from state aid. The verdict from the European Union’s top court settles a long-running legal battle involving four of Spain’s leading football clubs. Athletic Bilbao and Osasuna are the other teams facing bills for [...]
Cazoo, Dettol and Tik Tok: How the pandemic has changed the sport sponsorship landscape March 3, 2021 The pandemic may have halted the changing of the guard at Buckingham Palace, but in the world of sport sponsorship it has sparked some dramatic moves. New entrants are making major investments while more established sponsors have moved aside to make way. A combination of enforced changes of habit and the uneven nature of Covid-19’s [...]
Cricket, horse racing, tennis and women’s football set to benefit from £300m summer sport aid package March 3, 2021 Sport is to receive a £300m recovery package as part of the Budget announced by Chancellor Rishi Sunak today. Cricket, horse racing, tennis, women’s football and rugby league are expected to be among the sports to benefit from the financial support. It follows similar aid granted to winter sports in November to mitigate the cost [...]