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Sports money

  • Listen to Larry: Downing Street cat predicts England win over Ukraine

    July 3, 2021

    You may be feeling as happy as Larry because Boris Johnson’s mouser has predicted a Three Lions win over Ukraine on Saturday in the Euro 2020 quarter final. A video released by Downing Street shows Larry the cat, who has prowled the halls of power for more than a decade, faced with a choice of [...]

  • Burnley Women agree groundbreaking deal with TikTok to live-stream all home matches on the social media platform

    July 3, 2021

    Burnley FC Women are to become the first UK football team to live-stream all of their home matches on TikTok. The groundbreaking arrangement is part of a wider deal with the social media platform which also sees TikTok become the team’s sleeve sponsor. It is the latest innovation adopted by Burnley FC’s American owners ALK [...]

  • Sport sees steep fall in gambling sponsorship as government considers ban and demand grows for social responsibility, says new study

    July 3, 2021

    Gambling sponsorship in sport has fallen sharply ahead of a possible ban, a new report has found. The number of betting companies sponsoring sports teams in England has almost halved since 2019, according to the study by consultancy Caytoo. Gambling’s share of the market has dropped from 15.3 per cent to 8.1 per cent and [...]

  • Daley Thompson interview: Double Olympic champion on why the world needs Tokyo 2020 to happen and why he’d be happily compete with Covid restrictions

    July 2, 2021

    Daley Thompson chuckles as he remembers the contrasting backdrops to his two Olympic gold medals. “The first time I won was in Moscow. It was pretty dull and dreary, the weather wasn’t great and the place didn’t seem to hold a lot of joy,” Thompson tells City A.M. “The next one was in Los Angeles [...]

  • Juventus turn to share issue in bid to plug €400m hole caused by Covid and collapse of European Super League project

    July 1, 2021

    Juventus hope to raise €400m via a share issue to compensate for heavy losses during the pandemic and the stalling of plans for a European Super League. The Turin football club, current home to superstar Cristiano Ronaldo, said it expected losses for the 2019-2022 period to reach €320m. Juventus were one of the driving forces [...]

  • Former Olympic champion cyclist Chris Boardman MBE named chair of Sport England

    June 30, 2021

    Former Olympic champion cyclist Chris Boardman MBE has been appointed chair of Sport England. Boardman will play a key role in getting more people active and developing grassroots sport. “I am delighted to take up the position of chair for Sport England,” said the 52-year-old, who won individual pursuit gold at the Barcelona 1992 Olympics. [...]

  • Tennis fans flock back to Wimbledon for ‘pilot event’

    June 28, 2021

    Drizzle could not dampen the enthusiasm of spectators arriving on Monday for the start of the 134th Wimbledon Championships. Watch the full report.

  • Net profits: Andy Murray on life as an entrepreneur and investor, his new sports drink venture and why he’ll focus more on business after tennis

    June 25, 2021

    Sportswear entrepreneur Tom Beahon can remember one of his first meetings with Andy Murray, at the 2019 Australian Open. “Andy was in his hotel room, watching a Djokovic match, making notes on which side of the service box Novak was serving to just in case he played him in that tournament,” recalls Beahon, whose company, [...]

  • Liverpool shareholders RedBird Capital set to buy stake in Indian Premier League franchise Rajasthan Royals

    June 24, 2021

    RedBird Capital Partners, a shareholder in Liverpool owners Fenway Sports Group, is buying a stake in Indian Premier League (IPL) cricket franchise Rajasthan Royals, according to reports. New York-based RedBird is buying 15 per cent of the Royals in a deal that values the team at $250m, says the FT. The transaction continues the trends [...]

  • AxisStars: Former Man Utd and France footballer Louis Saha on cleaning up the industry and ‘keeping sharks at bay’ with his app business

    June 23, 2021

    Louis Saha enjoyed a glittering football career but he was far from an instant success. A promising teenager, he struggled at first at humble Metz, scored just once in a loan spell at Newcastle United, and dropped down a division to sign for Fulham in the hope of kick-starting his career. Saha proved a success [...]

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