Former Crystal Palace owner John Textor scores temporary block of Brazilian football club share sale Lawsuit Former Crystal Palace owner John Textor has been granted a temporary injunction from the High Court to block City-based administrators from selling his 90 per cent stake in Brazilian football club SAF Botafogo. The order follows the American business mogul launching multiple parallel lawsuits in England, the US, and Brazil against his UK holding company, [...]
Magic circle Linklaters scores FIFA’s top lawyers in US raid Legal Magic circle law firm Linklaters has snagged two of FIFA’s lawyers from a rival firm as part of its push into the US legal market. Partner Christopher Boehning has joined as Chair of its global sports practice and US strategic disputes, while Daniel Levi will serve in the firm’s litigation, arbitration and investigations practice, both [...]
F1 Arcade: London spot where you pay £100 to taste Formula 1 lifestyle Sport Business With Formula 1’s rapid fandom rise, it was only a matter of time before you paid £100 to watch an F1 race down at your local. Matt Hardy takes a look at F1 Arcade. The seemingly sudden rise in Formula 1 interest among non-petrol heads has been nothing short of astonishing. In its 75th year [...]
HMRC crackdown on R&D tax fraud sees probes into 33 football clubs May 27, 2025 HMRC has opened investigations into several professional football clubs over concerns that they may have exploited a tax relief scheme
The Devil Wears Prada star Anne Hathaway buys into SailGP team May 27, 2025 Star of The Devil Wears Prada and Ocean’s 8 Anne Hathaway has become the latest celebrity to buy into SailGP. The actress has joined a consortium led by Assia Grazioli Venier, the co-founder of Muse Capital and youngest ever board member at Juventus, in buying into the Italian sailing team. She follows footballer Kylian Mbappe’s [...]
Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount January 26, 2025 Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into streaming giant DAZN in a bid to become a major rival to Netflix. The businessman has now invested more than $6.7bn (£5.3bn) in the London-based sports streaming service, according to newly-filed accounts with Companies House. DAZN is owned by Access Industries, a New York-based [...]
What does the Formula 1 expansion mean? Racing is in the fast lane November 27, 2024 So after months of wondering whether Formula 1 would ever have more than 10 teams on the grid again, we have finally got our answer. Late on Monday it was announced that F1 had entered into an agreement in principle with General Motors division Cadillac for an entry into the top level of global motorsport [...]
Cazoo has collapsed. Was its bold approach to sport sponsorship to blame? May 30, 2024 Last week, online car dealership Cazoo collapsed into administration. The brand had made a name as one of Europe's most prolific sponsors - was this to blame?