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Sport Business

  • Fifa lands first sponsor for controversial Club World Cup

    October 30, 2024

    Fifa’s Club World Cup has received a much-needed shot in the arm after electronic appliance brand Hisense signed up as its first sponsor. The deal comes less than eight months before the revamped and expanded 32-team competition is due to take place for the first time in the US next summer. Preparations have been blighted [...]

  • Ahead of the Game: A$AP Rocky’s Tranmere takeover hits a snag

    October 30, 2024

    City AM has learned that one of Tacopina's key investors, who was providing around 30 per cent of the funding, pulled out last week.

  • Manchester United ready to pay £8m for new manager, say his club

    October 29, 2024

    Manchester United have moved a step closer to appointing Ruben Amorim as their new manager after Sporting Lisbon confirmed the Premier League club had made an approach for the 39-year-old. The Portuguese champions issued a statement to the stock market on Tuesday announcing that United had made contact with a view to paying Amorim’s £8.3m [...]

  • Football regulator boss should come from the Square Mile, says Crouch

    October 29, 2024

    Former sports minister Tracey Crouch says the incoming football regulator should be run by someone with a background in the City. Crouch has done more than anyone to give rise to the regulator by making it a key recommendation in her fan-led review of football governance. A revised bill laying out the watchdog’s proposed powers [...]

  • Spotlight falls on Ratcliffe and Ineos after sacking useful shield Ten Hag

    October 28, 2024

    It might have taken a year of seemingly interminable negotiations, but buying into Manchester United was the easy bit for Sir Jim Ratcliffe and Ineos. Now, following the sacking of Erik ten Hag, comes the difficult bit. Ratcliffe and Ineos, who took over football operations from the Glazer family as part of their minority investment [...]

  • Parachute payments: Government clarifies stance after regulator move

    October 24, 2024

    The government insists it does not want parachute payments to be abolished, despite giving the incoming football regulator new powers to look at the controversial mechanism. The Premier League and English Football League remain at loggerheads over the issue, which has contributed to an impasse over the so-called New Deal of financial redistribution. More than [...]

  • Formula 1 driver follows Murray and Messi into padel business

    October 24, 2024

    Formula 1 driver Pierre Gasly has joined Andy Murray and Lionel Messi as an owner of a team in padel’s Hexagon Cup. Alpine racer Gasly has joined forces with financier and fellow Frenchman Loic Fery, the president of football club Lorient, to establish 10Padel. They will be the eighth and final team in next year’s [...]

  • British athletes issue stark warning to government over funding

    October 23, 2024

    British sport could lose hundreds of elite athletes before the LA 2028 Olympics and Paralympics unless the Government increases funding for the next four-year cycle. The stark warning comes after 85 per cent of funded athletes in a new survey said they would not or might not continue competing if forced to make do with [...]

  • London Broncos reveal future plans after relegation confirmed

    October 23, 2024

    London Broncos chiefs insist there is renewed optimism that they can return to Super League in 2026 after their relegation to the second tier of rugby league was confirmed. The capital club ranked 14th in the new grading system run by the Rugby Football League and strategic partner IMG, meaning that, as expected, they did [...]

  • A$AP Rocky, Rihanna, Tranmere Rovers and football’s ‘celebrification’

    October 23, 2024

    The deal is just the latest example of football’s “celebrification”.

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