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Sport Business

  • 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.

  • London banker’s R3 Sport puts together rescue bid for stricken London Lions

    August 8, 2024

    London Lions have been placed in administration following the collapse of 777 Partners’ sporting portfolio.

  • Reddit finds the perfect non-league football club to sponsor

    August 8, 2024

    The online forum’s football sub-section r/football will appear on the home and away shirts of the Worcesterstershire team.

  • Congratulations France, but Paris 2024 legacy must now be human

    August 8, 2024

    This is a Paris you’ve never known and never will again. Empty side streets speak of Parisians good to their threats to vacate for the Olympics. Hotel receptionists attest to sluggish bookings. Restaurants are shuttered. And yet the crowds are here, French and foreigners alike. They exude a relaxed urgency, a collegiate passion. The sport [...]

  • Why the summer transfer window has been so quiet – and that may be about to change

    August 7, 2024

    Give Fabrizio Romano a week off, tell the social media teams to stop thinking of ingenious ways to reveal new signings and cue up tiny violins for the agents: this is an unusually quiet summer transfer window for those working in club football. With a little over three weeks until the transfer deadline, Premier League [...]

  • ‘We haven’t sold the business’: London Lions administrators deny Lithuanian claims

    August 7, 2024

    London Lions have won the BBL and Women’s BBL titles for the last two years.

  • Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans

    August 7, 2024

    Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.

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