Aston Villa decide against joining Man City in legal challenge to Premier League rules August 21, 2024 Aston Villa are unlikely to follow through with threats from owner Wes Edens to follow Manchester City and mount a legal challenge to the Premier League’s Profitability and Sustainability Rules. The club’s proposal to increase the three-year rolling loss limit from £105m to £135m was defeated at the Premier League’s annual general meeting in June. [...]
In pictures: New stadium set to be world’s biggest and host 2030 World Cup August 21, 2024 The stadium near Casablanca sits under a translucent tented roof made of aluminium lattice and is set to hold a record 115,000 spectators.
Haringey Council hands Tottenham Hotspur huge financial ‘Beyonce boost’ August 21, 2024 Tottenham Hotspur are set for a major financial boost after Haringey Council extended the club’s licence for hosting major non-football events, such as concerts from the likes of Beyonce, from 16 to 32 a year. The club’s commercial income has already trebled from £70m to £228m since their move from White Hart Lane in 2019, [...]
England cricket chiefs using Ratcliffe’s Man United deal to sell Hundred stakes August 20, 2024 Sir Jim Ratcliffe’s purchase of 27.7 per cent of Manchester United is being used by the England and Wales Cricket Board to help market Hundred franchises. The Ineos founder’s stake at Old Trafford is being used as an example of how a minority investor can attain huge influence at a major sporting institution if the [...]
‘Confusing and chaotic’ schedule is threatening future of cricket, union warns August 20, 2024 The global players’ union has launched a major review in a bid to find a way for international cricket and domestic leagues to “co-exist in a clear, coherent calendar”.
Premier League club stripped of licence by Financial Conduct Authority August 20, 2024 Premier League football club Wolves have had their right to offer credit brokering services removed by the Financial Conduct Authority. The regulator took the step of cancelling the club’s Part 4A permission on Friday after concluding that Wolves were not using it. Wolves had held the licence since November 2016 and were warned by the [...]
Second top-flight British basketball team bought by new investors August 19, 2024 The Manchester franchise set to play in Britain’s new Super League Basketball has been bought by the US-based Sherwood Family Investment Office. The group is run by private equity veteran Ned Sherwood and Ben Pierson and will own both the men’s and women’s teams competing in their respective leagues. It comes just days after a [...]
BBL champions London Lions bought out of administration by Lithuanian group and Zalgiris Kaunas August 14, 2024 British basketball champions London Lions have been bought out of administration by Lithuanian group Tesonet and Zalgiris Kaunas. London Lions were taken to the brink of extinction by the collapse of former owner 777 Partners’ sporting empire. Tesonet, a tech hub and investor in Lithuanian side Zalgiris Kaunas, was the early frontrunner and the only [...]
Fresh twist in London Lions sale after league weighs in on potential rescue deals August 9, 2024 Super League Basketball say the part-owner of Zalgiris Kaunas has been the only party to meet its deadline for entry into the 2024-25 season.
Price of Arsenal debentures hits £25,000 as wealthy fans opt for season ticket shortcut August 9, 2024 Fans face a 10-year wait for a season ticket through official channels after the north London club emerged as Manchester City’s biggest rivals for the Premier League.