NBA Europe suffers setback as Barcelona eye EuroLeague extension Sport Business The NBA’s plans to launch a new basketball league in Europe next year appear to have suffered a setback after Barcelona reportedly decided against signing up to the ambitious project. Barcelona, one of the continent’s most successful and prestigious teams, were among the established names courted by the NBA and its advisors JPMorgan and Raine [...]
NBA Europe: Plans advance for league with London and Manchester teams Sport Business The NBA has announced it will step up plans to launch a European basketball league in conjunction with world governing body Fiba by holding further talks with prospective teams and owners next month. The project has been in discussion for months, with NBA top brass meeting existing European clubs and would-be investors during a summer [...]
Starmer threatens Abramovich with court over £2.5bn Chelsea proceeds Sport Business Prime Minister Keir Starmer has vowed to take Roman Abramovich to court unless he hands over the £2.5bn proceeds from his sale of Chelsea FC to humanitarian causes in Ukraine. The huge windfall has been frozen in a UK bank account since May 2022, when the sanctioned Russian oligarch sold Chelsea to a US consortium [...]
Mercury13: Mata-backed women’s football group lines up Spanish club November 26, 2025 Juan Mata-backed investment group Mercury13 is in advanced negotiations about buying a stake in Spanish top-flight women’s club Levante Badalona. Mercury13, which bought FC Como Women in 2024 before investing in WSL2 club Bristol earlier this year, has pledged $100m to build a global portfolio of clubs, with Badalona earmarked to be its next investment. [...]
Crystal Palace: Steve Parish casts doubt on long-term future and eyes return to Adland November 13, 2025 Crystal Palace chairman Steve Parish has cast doubt on his long-term future in football, revealing that he is tempted by a return to the advertising industry. Parish, 60, made his fortune with marketing production company Tag Worldwide before leading a consortium of wealthy Palace fans who rescued the club from administration in 2010. Subsequent stake [...]
Chelsea co-owner Boehly part of $10bn NBA deal for LA Lakers October 28, 2025 Todd Boehly is part of the $10bn deal to buy the LA Lakers alongside Chelsea co-owner Mark Walter. Walter had agreed to purchase a majority stake in the NBA side earlier this year in a deal that would value the franchise at $10bn. But Front Office Sports reports that Chelsea consortium frontman Boehly is part [...]
Surrey close £60m Oval Invincibles deal with Reliance after eight months October 1, 2025 Surrey have finally exchanged contracts with Reliance Industries over the shareholders’ agreement governing their new partnership in the Oval-based Hundred team after almost eight months of negotiations. The Mumbai Indians owners agreed to pay £60m for 49 per cent of the franchise in February, but talks over the finer details of the deal have been [...]
Chelsea face fine and transfer ban after FA issues 74 charges September 11, 2025 Chelsea face a large fine and a possible transfer ban after being charged with 74 breaches of agent regulations by the Football Association. The charges relate to a period spanning from 2009 to 2022, during Roman Abramovich’s ownership, and come after the club’s current regime raised the alarm about possible “incomplete financial reporting” following their [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
Boehly: Chelsea fans may need to wait until 2042 for new stadium May 6, 2025 Chelsea fans may need to wait until 2042 before they can move from Stamford Bridge to a new home, co-owner Todd Boehly warned on Tuesday. The club have fallen behind London rivals including Arsenal, Tottenham Hotspur and Fulham in swapping old stadia for new arenas, or vastly upgrading existing infrastructure. But with a move to [...]