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Sports money

  • Women’s tennis chief ‘strongly’ opposed to bans for Russian and Belarusian players over Ukraine

    March 16, 2022

    Steve Simon, the head of elite women’s tennis tour the WTA, says he “feels very strongly” that players from Russia and Belarus should not be prevented from playing because of the invasion of Ukraine. It comes after UK government ministers said assurances should be sought from Russian players that they do not support Vladimir Putin [...]

  • FA to consider Chelsea appeal to play Middlesbrough cup tie behind closed doors

    March 15, 2022

    The Football Association has said it will consider Chelsea’s request for Saturday’s FA Cup tie at Middlesbrough to be played behind closed doors. Chelsea appealed to the FA after being denied permission to sell further tickets to its travelling supporters under the terms of its special licence from the government. The Premier League club said [...]

  • Australian Cameron Smith lands golf’s biggest 72-hole payout with £2.8m Players win

    March 15, 2022

    Australian Cameron Smith claimed record prize money for an 72-hole golf event of $3.6m (£2.8m) with victory at a weather-delayed Players Championship in Florida. The payout at the PGA Tour’s flagship tournament is bigger than that on offer at any of the four men’s majors or the DP World Tour’s lucrative finale in Dubai. Smith [...]

  • Chelsea keep going but controversy follows club onto the pitch in ‘sportswashing derby’

    March 13, 2022

    After a week in which Chelsea’s future was plunged into grave doubt by the sanctioning of Roman Abramovich, today’s visit from Newcastle was about keeping going. Keeping going in the Premier League, where their hold on third place suddenly looked less secure; keeping going as a business, if technical advisor Petr Cech’s pre-match comments which [...]

  • Chelsea in race to find new backer or risk administration as Abramovich sanctions bite

    March 10, 2022

    Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]

  • Branding and product partnerships push football clubs into the fintech arena, and vice versa

    March 10, 2022

    The fintech industry has never been fiercer. Funding levels have reached astronomical levels, as new ideas percolate throughout the financial ecosystem, meaning more and more fintechs are becoming experts and pioneers in a very specific aspect of the financial landscape.  By adopting a collaborative as opposed to a competitive mindset, firms are given a platform [...]

  • Chelsea match given go-ahead by Premier League despite Abramovich sanctions

    March 10, 2022

    The Premier League has said Chelsea can face Norwich City as planned this evening despite the sanctioning of Roman Abramovich. Uncertainty surrounds the future of the club after Abramovich had his assets frozen by the UK government over his alleged links to Russia and its prime minister Vladimir Putin. “Following the UK Government’s announcement that [...]

  • Explained: What Roman Abramovich sanctions mean for Chelsea sale, matches and transfers

    March 10, 2022

    The future of Chelsea FC has been plunged into uncertainty after owner Roman Abramovich was sanctioned by the UK government today. Abramovich has had his assets frozen because of his links to Russia and its prime minister Vladimir Putin, and that has major ramifications for the Premier League club’s operations and his plan to sell [...]

  • Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead

    March 10, 2022

    I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]

  • Teddy Sheringham: Harry Kane should leave Spurs if he wants to win trophies

    March 7, 2022

    Harry Kane should make a renewed push to leave Tottenham Hotspur this summer if he wants to win trophies, says Teddy Sheringham. Former Spurs hero Sheringham believes Manchester City would still be interested in signing Kane, having failed with several offers for the England striker last year. “If he looks at the situation at Tottenham [...]

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