Chinese stadium company to buy stake in Southampton but current Saints owner indicates she’ll stay on January 26, 2017 Southampton are set to become the latest English football club to be snapped up by Chinese investors after they agreed a deal with stadium construction company Lander Sports Development. Lander announced to the Shenzhen stock exchange on Thursday that it had signed an agreement with Southampton owner Katarina Liebherr to buy a stake in the [...]
Why Formula One’s new owners Liberty Media must step on the gas to reclaim lost ground from rivals January 24, 2017 The ousting of long-time Formula One supremo Bernie Ecclestone marks a coup and leaves a series of unanswered questions facing the sport. For decades critics have questioned how F1 is governed and how it generates revenues, and have therefore cast doubts on its long-term future. Although some commentators – notably former broadcaster Murray Walker – have observed how instrumental Ecclestone [...]
Arsenal, Chelsea, Tottenham and West Ham make London home to more big clubs than all of Spain or Germany January 19, 2017 London’s claim to being football’s leading city has been lent further weight after four its clubs – more than in all of Spain or Germany – ranked among the 20 richest in the world. Arsenal, Chelsea, Tottenham Hotspur and West Ham United all feature in Deloitte’s Football Money League, which is published today and orders [...]
Manchester United replace Real Madrid as richest club in the world in Deloitte Football Money League January 19, 2017 Manchester United have been named the world’s richest club after they ended Real Madrid’s 11-year stranglehold on top spot in Deloitte’s Football Money League. United’s 2015-16 revenues of €689.0m (£515.3) – an all-time record for a football team – lifted them ahead of both Real and Barcelona for the first time since 2003-04. Neighbours Manchester [...]
Dominance of the big six has led to lack of spending in January transfer window January 18, 2017 Premier League clubs’ relative restraint during the current January transfer window is a result of the increasing dominance of the leading six clubs, according to a leading football finance expert. Flush from a new £8.3bn, three-year television deal, England’s top-flight teams spent a record £1.2bn on new signings in the summer, yet they have invested [...]
UFC president Dana White puts up $50m for Floyd Mayweather and Conor McGregor to fight January 14, 2017 UFC president Dana White said he is prepared to fork out $50m to make a hoped-for fight between Floyd Mayweather Jr and Conor McGregor take place. The idea of a meeting between retired boxer Mayweather, who never lost a professional fight, and Irish UFC star McGregor has circulated amongst the fight community since the latter was granted a [...]
James DeGale v Badou Jack purse: How much money will boxers earn from supper-middleweight showdown? January 14, 2017 British boxer James DeGale will come out quids in from his super-middleweight showdown with Swede Badou Jack, whatever the outcome. The two world title holders are going head to head at the Barclays Centre in Brooklyn tonight for the chance to take the 168 pound division throne. IBF super-middleweight champion DeGale has reportedly secured the larger purse of [...]
Chelsea financial results: Exact cost of sacking current Manchester United boss Jose Mourinho revealed January 13, 2017 Sacking Jose Mourinho cost Chelsea £8.3m last season, new financial accounts released by the club have revealed. Yet dismissing the current Manchester United boss following a disastrous start to the season in 2015 proved to be significantly cheaper than the £67m paid to terminate another high-profile deal — the club's kit manufacturing partnership with Adidas. Last [...]
Australian Open prize money 2017: How much can tennis stars win in Melbourne? January 12, 2017 Tennis stars will do battle for the second largest prize money reward in the sport's history when the Australian Open gets underway in Melbourne on Monday. A men’s and women’s singles champion prize of AUS$3.7m (£2.2m) is the most generous ever offered at the tournament and second only to last year’s US Open in size. This [...]
NBA Global Games 2017: “The actual location of a game is less and less relevant”, says NBA European chief Ben Morel ahead of London visit January 11, 2017 As far as sales pitches go, the case for the NBA can rarely have had more ammunition to draw on than in recent years. The basketball league today brings a fixture to London for the seventh successive year when the Denver Nuggets play the Indiana Pacers at the O2 Arena – part of ongoing efforts [...]