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Sports money

  • Chelsea co-owner makes ‘game changing’ investment in pro squash circuit

    May 23, 2023

    Chelsea co-owner and LA Dodgers chairman Mark Walter has announced a major investment in professional squash that the sport’s bosses have hailed as “a game changer”. The businessman has acquired a stake in Squash Media & Marketing with the intention to promote the sport to a global market. This comes months after City A.M. revealed [...]

  • Man Capital buys new Major League Soccer franchise in San Diego for record £400m

    May 18, 2023

    London-based Man Capital has been confirmed as the owner of a new San Diego franchise in Major League Soccer after agreeing a record deal with US football chiefs. The family office of Egyptian billionaire Mohamed Mansour, the Conservative Party senior treasurer, is understood to have paid around $500m (£402m) for the team, who will begin [...]

  • Fresh twist in Manchester United takeover saga as Sheikh Jassim submits fourth bid

    May 16, 2023

    Qatari bidder Sheikh Jassim Bin Hamad Al Thani has made an increased offer for Manchester United in a dramatic attempt to win the takeover battle with Sir Jim Ratcliffe. Sheikh Jassim, the chairman of Qatar Islamic Bank, is understood to have submitted a new bid which values United at a similar price to Ratcliffe but [...]

  • Taking flight: Inside the rise and rise of darts – and where the sport is heading next

    May 15, 2023

    “More people in this country know who Michael van Gerwen is – a darts player from the Netherlands – than who the fastest British man and woman are,” declares Matt Porter, chief executive of the Professional Darts Corporation. Porter might have a dog in that particular fight but he is on the money about the [...]

  • LIV Golf Tulsa: Dustin Johnson rediscovers winning touch ahead of US PGA

    May 15, 2023

    Former world No1 Dustin Johnson toasted a timely return to form after warming up for this week’s US PGA Championship by winning the LIV Golf League event in Tulsa on Sunday. Johnson beat Open champion Cameron Smith and South Africa’s Branden Grace in a three-man play-off in Oklahoma to claim the $4m (£3.2m) first prize. [...]

  • London brawling: Why the city has become a combat sports capital again

    May 15, 2023

    Wrestling and MMA have followed boxing in staging huge shows in London this summer, cementing the city’s reputation as a leading destination for combat sports’ biggest events. An earthquake hit the world of professional wrestling earlier this month and its epicentre was London.  All Elite Wrestling, formed to compete with the all-conquering World Wrestling Entertainment, [...]

  • Women’s FA Cup final prize money and how it compares to men’s FA Cup

    May 13, 2023

    The winners of the Women’s FA Cup final between Chelsea and Manchester United on Sunday are in line to receive record sums thanks to a major boost to prize money. There is £100,000 on offer to whichever team lifts the trophy at Wembley, where Chelsea will be looking to triumph for a third year in [...]

  • Chelsea respond to supporters’ warning with season ticket price decision

    May 11, 2023

    Chelsea have bucked the Premier League trend and announced a freeze on their cheapest general admission season ticket prices for next season. The majority of teams in English football’s top division, including Manchester United, Arsenal, Liverpool and Manchester City, have hiked their prices for the 2023-24 campaign. But Chelsea chiefs have decided to maintain their [...]

  • Back-to-back Jacksonville Jaguars games pave way for London NFL franchise

    May 10, 2023

    The NFL is stepping up preparations for a possible London franchise by handing the Jacksonville Jaguars a historic double-header in the capital later this year. The Jags, who have staged a game in London every year since 2013, will become the first NFL team to play two fixtures in consecutive weeks outside the United States. [...]

  • Qatari bidder Sheikh Jassim rules out Manchester United move for Lionel Messi

    May 10, 2023

    Manchester United will not make any attempt to sign Lionel Messi on a free transfer this summer if Sheikh Jassim Bin Hamad Al Thani buys the club. Messi, 35, is due to leave Paris Saint-Germain next month when his contract with the Qatar-owned French champions expires.  His availability has sparked a €1bn scramble for his [...]

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