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Sport Business

  • FC Barcelona lose £76m after investors default on payments

    October 1, 2024

    Barcelona suffered a £76m loss last year after investors defaulted on payments due for shares in the club’s media spin-off Barca Vision. The Spanish club was forced to write off £117m in the accounts for 2023-24 as a result of the dispute with investors including German fund Libero. Barcelona also lost out on an estimated [...]

  • Hampshire sell up but insist Southern Brave won’t be thrown in for free

    September 30, 2024

    Hampshire Cricket insist GMR is not getting a Hundred franchise on the cheap after agreeing a deal to become the first Indian-owned county in the English game. GMR, which owns Indian Premier League side the Delhi Capitals, has signed a deal worth around £120m to acquire Hampshire and the Utilita Bowl, and pay down debt. [...]

  • Indian Premier League owners agree deal to buy Hampshire Cricket

    September 30, 2024

    Hampshire Cricket has confirmed it has agreed a sale to GMR Global Pte Ltd (GGPL), the owners of Indian Premier League side the Delhi Capitals. The deal, believed to be worth £120m, will see GGPL acquire Hampshire Cricket and the Utilita Bowl but it remains unclear if it will also include a 51 per cent [...]

  • Architect of Premier League calls for it to be cut to 18 teams

    September 29, 2024

    The Premier League should be trimmed to just 18 teams in order to tackle the player workload row dividing the game, says former chief David Dein. Europe’s 20-team domestic leagues are coming under increasing pressure to slim down as clubs juggle additional European games and the imminent expanded Club World Cup. France’s Ligue 1 joined [...]

  • Three charts which show why Manchester United want a new stadium

    September 27, 2024

    Sir Jim Ratcliffe has made renovating Old Trafford or building a brand new stadium one of his top priorities since investing in Manchester United. Ratcliffe wants the club’s home to be a modern, 100,000-seater stadium and has assembled a task force that includes Lord Coe and Gary Neville to shape the plans. The project is [...]

  • Premier League fantasy football partner Sorare charged by Gambling Commission

    September 26, 2024

    Cryptocurrency based fantasy football game Sorare, an official Premier League partner, has been ordered to appear in court next week on the charge of providing unlicensed gambling facilities to British consumers. The charges have been brought by the Gambling Commission, which first opened an investigation into Sorare in October 2021, and could lead to unlimited [...]

  • Ed Warner: A player power reckoning is coming for football and cricket

    September 26, 2024

    Whether or not Rodri truly believes over-worked footballers are close to taking strike action, his comments have certainly had cut-through. Athlete strikes are not without precedent, in football and elsewhere. Think of the four strikes in the NFL’s history plus its owner lockouts, and Argentina’s football strike of 2017. Back in 2001, English footballers voted [...]

  • Exclusive: Dazn strengthens Saudi Arabia ties with 6 Kings Slam deal

    September 25, 2024

    The deal is a sign of the growing relationship between the London-headquartered sports streaming service and the kingdom.

  • Fund-racing: London Marathon runners smash world record for charity

    September 25, 2024

    Five months on from the race the final total has been confirmed, dwarfing the previous record of £66.4m.

  • Ahead of the Game: ECB threatens to withhold Hundred franchise over Hampshire sale

    September 25, 2024

    Hampshire have been warned they will be blocked from taking control of the Southern Brave if prospective new owners Delhi Capitals do not pay a fair market value for the Hundred franchise. In a significant intervention that could also apply to Yorkshire, who are in takeover talks with Sunrisers Hyderabad, the England and Wales Cricket [...]

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