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Sport Business

  • Tyson Fury turns back on £100m Joshua fight by announcing retirement

    January 13, 2025

    Tyson Fury appears to have turned his back on a £100m windfall by announcing his retirement from boxing in the wake of a second defeat by Oleksandr Usyk. Fury, 36, made the shock statement in a short video clip posted to Instagram on Monday, just three weeks after he lost to Usyk in a controversial [...]

  • Anthony Joshua joins padel craze by investing in Murray’s Hexagon Cup team

    January 13, 2025

    Boxer Anthony Joshua has teamed up with fellow British sporting great Andy Murray by becoming a co-owner of his Hexagon Cup-winning padel team. Joshua has joined Murray, tennis coach Dani Vallverdu and businessman Arran Yentob in the ownership group of Team AD/vantage as the British entrant bids to retain its crown this month. They will [...]

  • Most profitable sports clubs of 2025 list features three Premier League sides

    January 11, 2025

    Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]

  • Industry slams Labour government plans for ticket reform

    January 11, 2025

    Leading industry voices have slammed government plans to change the secondary ticketing market in sport, describing proposals as “draconian”. The government on Friday announced plans to tackle touts and potentially further regulate the secondary market following instances of extreme dynamic pricing relating to the sale of Oasis tickets. Measures could include a cap and a [...]

  • Late Leicester City owner’s family sue helicopter maker for record £2.15bn

    January 10, 2025

    The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn. The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family. They blame helicopter [...]

  • Abraham and Wilson invest in Andy Murray-backed padel business

    January 10, 2025

    England footballers Tammy Abraham and Callum Wilson have invested in Andy Murray-backed Game4Padel, the biggest UK operator of padel courts. AC Milan striker Abraham and Newcastle United forward were joined by Bournemouth defender Marcus Tavernier in a funding round that values Game4Padel at £27m. Former tennis world No1 Murray and his brother Jamie were among [...]

  • Former Manchester United CEO to help grow Teneo’s sport business

    January 9, 2025

    Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries.   “As we continue to build [...]

  • Women’s football to lift ban on drinking alcohol while watching matches

    January 9, 2025

    Women’s football is relaxing its rules to let spectators drink alcohol while watching a match – starting later this month. A pilot scheme is being launched in the second-tier Women’s Championship which will see four clubs trial the arrangement for the rest of the season. Drinking alcohol within view of the pitch is banned in [...]

  • DCMS extends deadline for Grainger’s successor at UK Sport

    January 9, 2025

    Dame Katherine Grainger is proving a hard act to follow as chair of UK Sport. DCMS had intended to close the application process to be her successor earlier this week but has now extended the deadline for the £40,000-per-year, part-time role until 15 January. The decision is understood to have been taken in light of [...]

  • Two F1 races hang in balance after Belgian Grand Prix fate confirmed

    January 8, 2025

    Formula 1 has confirmed that the historic Belgian Grand Prix will stop being an annual race in 2027. Under a new deal announced today, Spa will host races in the next three seasons and then begin a period of rotation with other European dates. It will take place in 2029 and 2031 but make way [...]

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