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      Reynolds and Mac sell stake in Wrexham AFC to major sport investors

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Sports money

  • SailGP is aiming to make a splash in its second year after the arrival of Sir Ben Ainslie

    December 10, 2019

    If the first season of SailGP was about making a splash and proving that there is an audience for the sport, then the second is about expansion. The worldwide sailing series, the brainchild of American software billionaire Larry Ellison and former world champion yachtsman Sir Russell Coutts, enjoyed a successful first season this year. Teams [...]

  • Amazon steps into Premier League broadcasting for the first time with big ambitions

    December 2, 2019

    December is an important month for the future of the Premier League. On the pitch, the focus will be on whether Liverpool can sustain their charge at the top of the table, if Jose Mourinho can turn around Tottenham’s fortunes in the long term and which sides are sliding towards relegation. But off it eyes [...]

  • European football chiefs quick to co-opt ‘the dream’ in fight for future of Champions League

    October 8, 2019

    They may be on opposite sides of a bitter dispute over the future of European football but they both came to defend “the dream”, that somewhat nebulous but impossible-to-oppose tenet of sporting competition. Andrea Agnelli, the latest figurehead of a dynasty that has owned Juventus for nearly a century and the chairman of the European [...]

  • NFL London Games: UK director Alistair Kirkwood on cross-Atlantic growth, the Tottenham Stadium and a future franchise

    October 2, 2019

    When it was announced that the NFL would host a game in London for the first time, the decision was met with intrigue and scepticism. Was the risk worth the potential rewards? Were the English public really interested enough in American football? Would jet-lagged players struggle to perform at Wembley? Twelve years on from that [...]

  • Crystal Palace hawked for sale in £210m deal

    October 1, 2019

    Crystal Palace are being hawked to prospective buyers in a deal which would value the Premier League football club at £210m. A document circulating among bankers and seen by City A.M. offers to facilitate the purchase of at least 75 per cent and up to 90 per cent for either a single buyer or a [...]

  • Ben Stokes and Steve Smith’s redemption stories offer sponsors an alternative to virtue signalling

    September 23, 2019

    The dust may have settled on an exhilarating Ashes series that saw Australia retain the urn, but for the sponsors of each team’s star player it is just the beginning of what will likely become an increasingly lucrative relationship. Steve Smith was almost single-handedly responsible for preventing England from reclaiming the urn, while Ben Stokes [...]

  • Raheem Sterling hits new heights and shows why sponsors are in hot pursuit

    September 11, 2019

    Last month it emerged that Raheem Sterling was being courted by Air Jordan, the Nike sub-brand reported to be considering making him the face of a new range of football boots in a £100m deal. If anyone was in any doubt why Sterling is in line for one of the sport’s most lucrative ever boot [...]

  • The great Premier League giveaway: Why Sky Sports are handing over free highlights on YouTube

    September 4, 2019

    Premier League football is an expensive commodity and to extract every ounce of its value broadcasters need to innovate. In February last year Sky Sports pledged £3.6bn to buy 128 live matches per season in the 2019-22 rights cycle. That might have worked out as a reduction from its previous deal – £4.2bn for 126 [...]

  • Summer transfer window: Premier League narrowly misses out on all-time record as £1.41bn is splashed

    August 8, 2019

    When Premier League clubs voted to shut the transfer window before the season started the reasoning was clear: get business done earlier to avoid disruption on the pitch. The change, which began last year and had its second outing with deadline day, was not unanimously agreed upon, with five clubs voting against and one abstaining, [...]

  • A Netflix of football: Would it make business sense for the Premier League to launch its own streaming service?

    August 7, 2019

    The new Premier League season starting on Friday also marks the start of a new broadcast rights cycle and a debut for Amazon Prime’s coverage. Over the top (OTT) sports services are here to stay and there is no shortage of analysts who feel the rights market has peaked. Former Crystal Palace owner Simon Jordan [...]

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