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Sport Business

  • FIfa admits it will have to rewrite football’s transfer rules

    October 14, 2024

    The European Court of Justice ruled this month that Fifa’s existing regulations do not comply with EU law.

  • How Manchester City made shareholder loans the Premier League’s new battleground

    October 11, 2024

    Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]

  • Has Fifa wildly overestimated the value of Club World Cup media rights?

    October 11, 2024

    Was Fifa too hasty in rejecting Apple’s reported $1bn (£760m) offer for media rights to next summer’s inaugural beefed-up Club World Cup? That is a question football’s governing body may have to ask itself as time ticks down towards the new 32-team tournament in the US next summer.  With only eight months to go until [...]

  • Cheque mates: Harry Kane and Magnus Carlsen top up stakes in football brand

    October 10, 2024

    England captain Harry Kane and chess grandmaster Magnus Carlsen have taken part in a $100m funding round for the company behind the football-themed entertainment and dining venue Toca Social. The move will help Toca Football launch further sites in London, where it already has a venue at the O2, as well as Paris, Mexico and [...]

  • Line judges out as Wimbledon chiefs ring the changes

    October 9, 2024

    The technology will be used for “out” and “fault” calls from next year’s tournament, including in qualifying.

  • Two IPL team owners battle to buy Manchester Originals in Hundred sale

    October 9, 2024

    The interest is a significant boost for England cricket chiefs’ much-maligned sales process.

  • Sports teams can make better use of Apprenticeship Levy, ex-Quins CEO says

    October 9, 2024

    A former Premiership Rugby chief executive has called on the government to cut red tape and back sports clubs to use the existing Apprenticeship Levy to fuel upskilling opportunities for athletes and local communities. David Ellis, who served as CEO of Harlequins for eight years until 2019, insists the compulsory tax could be better used [...]

  • Manchester City say Premier League rule is now void. Lawyers disagree

    October 8, 2024

    Lawyers have shot down claims by Manchester City that the Premier League’s associated party transaction (APT) rules should be considered “void” following the club’s partially successful legal challenge. In a letter to the other 19 top-flight clubs, Manchester City general counsel Simon Cliff said APT rules – designed to prevent clubs benefiting from artificially inflated [...]

  • IPL founder: I wanted Mick Jagger to save English cricket from The Hundred

    October 8, 2024

    Indian Premier League founder Lalit Modi has revealed that he earmarked Mick Jagger as a team owner in a new English cricket competition to replace The Hundred and T20 Blast. Modi says he offered the England and Wales Cricket Board £2.3bn over 20 years to buy the summer window in which The Hundred operates – [...]

  • US group in talks to buy Sheffield United from Saudi prince

    October 8, 2024

    Sheffield United are in takeover talks with an American consortium led by private equity boss Steven H Rosen. Rosen is the co-founder of Resilience Capital Partners, which mostly backs manufacturing and aerospace companies and has raised or advised on more than £500m of investments. He is leading negotiations on behalf of a US consortium with [...]

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