Shakhtar Donetsk on playing in London, Russian rockets and ‘Invest in Ukraine’ Sport Business Shakhtar Donetsk have set up shop in London at Chelsea’s Stamford Bridge to show the world that Ukraine remains open for business despite five years of aggression from Russia, their CEO tells City AM. Serhii Palkin, the long-serving CEO of Shakhtar Donetsk, has just joined our call when the grim reality of trying to run [...]
Who owns Chelsea after £950m Boehly and Walter stake sales? Sport Business Todd Boehly and Mark Walter have sold their combined 25 per cent stake in Chelsea in a deal that values the Premier League club at £5bn. The agreement, announced last night, will see the former chairman of Chelsea Boehly – who was the face of the consortium that purchased the club from Roman Abramovich in [...]
Chelsea valuation doubles under BlueCo to £5bn as Boehly and Walter eye exit Sport Business Todd Boehly and Mark Walter’s exit from Chelsea is set to see the business valued at around £5bn in another marked escalation of elite football club valuations. The valuation is double the £2.5bn price that saw the Boehly and Clearlake consortium beat off competition to buy the London club from Roman Abramovich in 2022. That [...]
Premier League: US owners dominate over half of 20 clubs August 21, 2026 The Premier League returns this evening for its 35th season, and clubs have become commodities traded by some of the world’s richest and most influential investors. From private equity funds to billionaires to sovereign wealth, this current crop of 20 team owners – this season seeing Hull City, Coventry City and Ipswich Town replacing Burnley, [...]
Todd Boehly and Mark Walter to sell stakes in Chelsea? August 17, 2026 Todd Boehly and Mark Walters could cease being co-owners of Premier League club Chelsea after engaging in talks to sell their respective stakes to Clearlake Capital. The move could value the club at £5.5bn just years after a Boehly-fronted consortium purchased the club for £4.25bn – including promised funds for stadium developments – from the [...]
Chelsea suffer biggest financial loss in Premier League history April 1, 2026 Chelsea have confirmed by far the biggest annual financial loss in Premier League history after they recorded a deficit of £262m last season. The figures surpass the previous record, the £197m loss made by Manchester City in 2010-11 during a period of rapid investment by their Abu Dhabi-based ownership. It also takes the amount lost [...]
NBA Europe to copy The Hundred sale process as bid deadline arrives March 31, 2026 The NBA will borrow from English cricket’s playbook when its plans to launch a European league in 2027 take another step forward this week. Potential investors including Saudi Arabia’s Public Investment Fund, RedBird Capital and Qatar Sports Investments have until midnight on Tuesday New York time to lodge their bids for one of the 12 [...]
Chelsea hit with £11m fine and Premier League transfer ban March 16, 2026 Chelsea have been slapped with a £11m fine and a transfer ban for breaching Premier League rules under their previous ownership. An investigation into the London club found “undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties” between 2011 and 2018, when the club was [...]
NBA Europe suffers setback as Barcelona eye EuroLeague extension January 13, 2026 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 December 22, 2025 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 [...]