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Sports money

  • Activist investor Elliott ramps up Manchester United interest with bid for minority stake

    March 23, 2023

    Elliott Investment Management has upped its interest in Manchester United by offering to buy a small stake in the Premier League club. The activist investor had previously offered finance to any other party bidding for United, who were put for sale by the Glazer family in November. That offer remains, but after visiting Old Trafford [...]

  • Manchester United bidders fear Glazers want £6.5bn or will walk away from sale

    March 23, 2023

    Manchester United’s suitors fear that the Glazer family will reverse their decision to sell the club unless they receive a bid of £6.5bn. The latest twists in the sale process have been interpreted in some quarters as evidence that United’s owners are not serious about relinquishing control at Old Trafford. Bidders were due to lodge [...]

  • English clubs still want to join a European Super League, says Barcelona chief

    March 22, 2023

    Leading English football clubs are still interested in joining a European Super League despite renouncing the project, says Barcelona president Joan Laporta.  Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur all backed out of the breakaway shortly after it was announced in April 2021. Barcelona, Real Madrid and Juventus remain keen to press [...]

  • Qatar’s Sheikh Jassim emerging as favourite to buy Manchester United ahead of new deadline

    March 21, 2023

    Sir Jim Ratcliffe and Qatari Sheikh Jassim Bin Hamad Al Thani are expected to make second offers for Manchester United this week. The Raine Group, which is running the sale for United’s owners the Glazer family, has set a deadline of Wednesday for revised bids. Both Ratcliffe and a party acting for Sheikh Jassim visited [...]

  • Chelsea could move to Premier League rivals and rugby stadium while Stamford Bridge is rebuilt

    March 19, 2023

    Chelsea could ground-share with west London rivals Fulham and play big games at Twickenham Stadium while the club’s new owners press ahead with plans to rebuild Stamford Bridge. Blues chairman Todd Boehly has informally approached his fellow American Shad Khan, the Fulham chairman, about moving the majority of home games to Craven Cottage, according to [...]

  • Women’s golf, prize money and the fight for equal pay: Is the sport heading in the right direction?

    March 16, 2023

    As women’s world No1, Lydia Ko is accustomed to breaking new ground and last month was no exception. At Royal Greens Golf and Country Club in King Abdullah Economic City, the New Zealander became the first Aramco Saudi Ladies International champion to receive equal prize money to the winner of the equivalent men’s tournament, Abraham [...]

  • Aramco Team Series 2023: How does the format work, where is it being held and who are the past winners?

    March 16, 2023

    The $5m Aramco Team Series returns for 2023 this week, when dozens of the world’s top women’s golfers will play for individual and team prizes in Singapore. Here is all you need to know about the series. How the Aramco Team Series format works Aramco Team Series events follow a unique format comprising both individual [...]

  • Women in Football will ‘probably’ write to Culture Secretary over White Paper diversity concerns

    March 15, 2023

    Campaign group Women in Football says it is likely to raise concerns with Culture Secretary Lucy Frazer about the White Paper on football governance. Women in Football director Jane Purdon said the blueprint for an incoming football regulator appeared to have “stripped out all mention of diversity” targets for a sport already lagging behind. “I [...]

  • Why Fifa’s 2026 World Cup U-turn risks a fresh player welfare row

    March 14, 2023

    Fifa is set to risk a new player welfare row by redesigning the format of the next men’s World Cup in the USA, Canada and Mexico, according to reports. Football’s world governing body had planned to divide the 48 teams at the expanded 2026 tournament into 16 groups of three, in order to allay fears [...]

  • UK government’s letter to Visa, Deloitte and Allianz prompts rebuke from Olympic chiefs

    March 14, 2023

    Olympic chiefs have issued a rebuke to the UK government over its lobbying of sponsors including Visa, Deloitte and Allianz for Russia to remain banned from sport. The UK has been among the most vocal and active opponents of the International Olympic Committee’s plan to lift the suspension of Russia and its ally Belarus.  Culture [...]

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