Exclusive: Saudi Arabia readies Olympic Games bid but may hold until 2040 February 4, 2025 Saudi Arabia is readying a bid to host the Olympic Games but is prepared to wait until 2040 to maximise its chances, a leading official has told City AM. Group CEO of Diriyah Company Jerry Inzerillo said it was a “matter of time before Saudi will announce an intention for an Olympic bid”, adding that [...]
Banker Rowland launches Britain’s most lucrative padel tournament February 3, 2025 Redwood Bank founder Jonathan Rowland’s R3 Sport is launching Britain’s most lucrative padel tournament in association with Bullpadel, one of the game’s leading brands. The R3 Bullpadel Cup will consist of up to six events taking place across the country from April this year and culminating in the Cup Finals in December. It is understood [...]
Trump, the Super Bowl, wokery and sport’s shift to the right February 2, 2025 It might be the same man sitting in The Oval Office, but a lot’s changed since Donald J Trump first presided over a Super Bowl eight years ago. In 2017 America was perilously divided, with a newly-elected Trump in the White House and protest marches taking place on the streets outside it. This tension was [...]
Stokes and Gakpo part of £4m funding round for AI wealth firm Prosper January 30, 2025 England cricket captain Ben Stokes and Liverpool forward Cody Gakpo are part of a £4m funding round for a wealth management platform leveraging AI. The sportsmen joined Fuel Ventures, who led the round with a £2m investment, in London-based FinTech Prosper. Olympians Dame Jessica Ennis-Hill, Dame Sarah Storey and Tim Podcock, and footballers Ben White [...]
Formula 1 team owner sponsors MotoGP outfit in new deal January 28, 2025 One of the 10 Formula 1 teams set to compete in the 2025 season has agreed a sponsorship agreement with MotoGP team Pramac Racing. Alpine – whose F1 outfit boasts Pierre Gasly and Jack Doohan – will be a main sponsor of the Prima Pramac Yamaha MotoGP team. The French manufacturer – whose Formula 1 [...]
Top executives back sport clubs and tech as attractive investments January 28, 2025 Over two thirds of business executives see clubs and franchises as the most attractive investment opportunity over the next half-decade, new research has revealed. Over a quarter of executives asked instead said leagues and federations were preferred while nearly one fifth favoured participation events, according to Altman Solon’s Global Sports Survey. It is a tonic [...]
Can rugby union and the Six Nations survive behind TNT paywall? January 28, 2025 For the next two months, up and down the country, you’ll walk into the pub when the Premier League is supposed to be on and instead see Six Nations rugby. It is testament to the reach of a tournament that, despite football being the national sport, kicks off its rivals for the bumper Saturday and [...]
Jannik Sinner enters all-time prize money top 10 – aged just 23 January 27, 2025 Jannik Sinner’s second Australian Open win has lifted him into the top 10 earners of prize money in men’s tennis of all time – aged just 23. Italian Sinner banked $2.15m (£1.7m) for beating Alexander Zverev in the men’s singles final at Melbourne Park on Sunday. His third Grand Slam triumph, it boosted his career [...]
Barclays becomes main sponsor of Lord’s and MCC January 27, 2025 Barclays has expanded its sports sponsorship portfolio by becoming principal partner of Lord’s Cricket Ground and its owner, Marylebone Cricket Club (MCC). The multi-year partnership, effective immediately, sees the Home of Cricket’s iconic Media Centre renamed the Barclays Media Centre. It will also mean the bank making “one of the largest ever donations” to the [...]
Marlborough Sports Garden: A £5m project to boost the City January 25, 2025 Marlborough Sports Garden in Southwark is a crucial space for Londoners. Looking to raise £5m for an inspiring development, why should the City get involved? Hyacinthe Loyson, a French preacher from the mid 1800s, is described by historians as one of the early users of a phrase that continues to be recited today. “Good people [...]