Real Madrid and Barcelona ordered to repay millions in state aid July 4, 2016 Real Madrid and Barcelona, the world’s two richest clubs, have been ordered to pay back millions of euros after a European Commission investigation found them guilty of receiving illegal state aid. Real must pay back €18.4m (£15.4m) relating to a land deal with local authorities, who were found to have overpaid, as well up to €5m [...]
Wimbledon prize money 2016: Novak Djokovic leaves with £80,000 after being dumped out by Sam Querrey in the third round July 2, 2016 Novak Djokovic has exited Wimbledon in the third round — his worst performance for eight years — following a shock loss to American Sam Querrey. Querrey showed superb spirit to knock out the world No1 in four sets, winning 6-7 1-6 6-3 6-7 to progress to the fourth round and match his best-ever performance at the All England [...]
Olympics and Euro 2016 sponsors who don’t take risks like Paddy Power’s Nicklas Bendtner stunt will fall behind to smaller businesses July 1, 2016 This summer’s raft of sporting events creates a global platform for businesses to raise their profile with sponsorship deals. But as marketing campaigns get more creative, innovative and technologically advanced, are traditional sponsorship packages at the Olympics, Euros and Wimbledon, staid, safe and a little boring in comparison? A study out this week showed which [...]
Wimbledon prize money 2016: How much can tennis players win at the All England Club? June 25, 2016 A record prize of £2m is on offer to the winners of the men's and women's singles at Wimbledon this year. The grand slam tournament has increased its overall prize pool by five per cent to £28.1m this year, meaning even first-round losers in the singles competitions will receive a cool £30,000. Runners-up will earn £1m, losing [...]
Smart moves: How Gloucester Rugby owner is using sport and business nous in new role June 22, 2016 When it comes to sporting achievement they are dreaming big in the West Country. In Bristol, billionaire businessman Steve Lansdown is using his considerable wealth to breathe life into a number of different sports. His most high profile interests include Championship football side Bristol City and Bristol Rugby Club, who finally won promotion to the [...]
US Open 2016 prize money: $1.8m earnings boost on offer for Jordan Spieth, Jason Day, Bubba Watson and Rory McIlroy June 17, 2016 A cheque of $1.8m is the lucrative monetary reward for the winner of this year’s US Open at Oakmont. The second Major of the year boasts a $10m prize money purse, making it the joint second-most generous tournament on the PGA Tour alongside the three other Majors and just behind the Players’ Championship. Prize money [...]
Real Madrid and Portugal star Cristiano Ronaldo pips Barcleona’s Lionel Messi to world’s highest-paid athlete mantle June 9, 2016 Ronaldo has won three Premier League titles, one La Liga championship, three Champions Leagues and three Ballon d'Or awards naming him the world's best player in a glittering career of success on the field. Such a trophy haul leaves little doubt over his status as a player and the Real Madrid star's latest accolade provides similar confirmation [...]
Deloitte football finance: Arsenal kings of the capital as London accounts for over a third of English football’s entire revenue June 2, 2016 London clubs accounted for nearly a third of all revenue raised in English football in the 2014/15 season, despite making up less than 16 per cent of teams. The capital’s 15 clubs in the Premier League and Football League had a combined revenue of £1.3bn, contributing 31 per cent of the £4.1bn revenue generated by [...]
Deloitte football finance: Premier League TV riches could spell better ticket prices for match-going football fans June 2, 2016 Match-going football fans could benefit from the Premier League’s new £8bn broadcast deal next season as clubs freeze ticket prices to keep grounds full and broadcasters happy. Deloitte’s Annual Review of Football Finance found that matchday revenue of £584m accounted for just 18 per cent of the Premier League’s total £3.3bn revenue in the 2014/15 [...]
Deloitte: Premier League summer transfer spend on new players will smash records and easily surpass £1bn June 2, 2016 Premier League clubs are expected to smash transfer records this summer and spend over £1bn in a single window for the first time. Deloitte’s Sports Business Group is predicting Premier League clubs’ expenditure on new players will hit new heights in the forthcoming transfer window, following another season of revenue growth. Collective revenues for the 20 [...]