By: Frank Dalleres

Sports Editor Frank Dalleres is Sports Editor of City AM. He has almost two decades' experience covering the business of sport and has reported from Olympic Games and major international football, rugby union, tennis and golf competitions, both at home and abroad. Get in touch with stories and tip-offs and follow him on X at @frankdalleres

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Week in Sportbiz: Formula 1 takes the pain; Budweiser buys NBA rights; watch every PGA Tour shot; World Rugby’s bad timing; squash, the great survivor

March 4, 2021

“Our goal was to try and take the pain in 2020,” Greg Maffei, president of Formula 1 owners Liberty Media, told investors this week. Maffei can consider that mission accomplished after Liberty laid bare the devastating effect of the pandemic on F1’s finances last year. F1 slipped from a $17m profit in 2019 to a [...]
Barcelona and Real Madrid handed multi-million tax bills as European Court of Justice issues ‘definitive’ verdict in state aid case

March 4, 2021

Barcelona and Real Madrid must pay millions of Euros in extra tax after the European Court of Justice found they benefited from state aid. The verdict from the European Union’s top court settles a long-running legal battle involving four of Spain’s leading football clubs. Athletic Bilbao and Osasuna are the other teams facing bills for [...]
Cricket, horse racing, tennis and women’s football set to benefit from £300m summer sport aid package

March 3, 2021

Sport is to receive a £300m recovery package as part of the Budget announced by Chancellor Rishi Sunak today. Cricket, horse racing, tennis, women’s football and rugby league are expected to be among the sports to benefit from the financial support. It follows similar aid granted to winter sports in November to mitigate the cost [...]
beIN Sports wins legal battle to prevent Fenerbahce manipulating the broadcaster’s logo for ‘beFAIR’ protest campaign

March 2, 2021

beIN Sports has succeeded in its legal bid to stop Fenerbahce using the beIN logo for the club’s “beFAIR” campaign against the broadcaster. The network lodged an application for an emergency injunction against Fenerbahce for breach of intellectual property last week – as revealed by City A.M. On Friday Turkish courts ruled in beIN Sports’ [...]
Boris Johnson backs Britain to host Euro 2020 and 2030 World Cup

March 2, 2021

Prime Minister Boris Johnson has thrown his weight behind British efforts to host Euro 2020 and the 2030 World Cup. Johnson said Britain was “certainly on for” staging more games at this summer’s delayed European Championship, if required. And the PM confirmed government support – expected to be £2.8m – for a joint bid from [...]
Exclusive: Formula E champions DS Techeetah take gamble on stock market-linked £1m sponsorship deal with investment platform eToro

March 2, 2021

Formula E champions DS Techeetah have struck a £1m sponsorship deal with social investment platform eToro that could see the team not receive a penny. Instead of receiving a flat fee, DS Techeetah will have the seven-figure sum placed in their eToro account for them to invest on the stock market. If their portfolio grows [...]
Gareth Bale is back for Tottenham – so is this another Jose Mourinho managerial masterstroke?

March 1, 2021

Just a few weeks ago, Jose Mourinho did not want to talk about Gareth Bale. On 4 February, he sniped at a reporter for asking why Bale was left on the Tottenham bench during a 1-0 defeat to Chelsea. Eight days later, Mourinho publicly rebuked him for implying, via social media, that he was fit and [...]
FC Barcelona offices searched by police ‘in connection with Barcagate scandal’

March 1, 2021

Catalan police searched the offices of FC Barcelona this morning, the football club have confirmed. Spanish media said the search related to last year’s Barcagate scandal, in which senior figures at the club were accused of ordering social media campaigns against enemies. Local reports also said former Barcelona president Josep Maria Bartomeu and current chief [...]
Bellator: MMA promotion’s head of Europe David Green on its new deal with the BBC, wooing the UK and Ireland and why it has a strong female following

February 26, 2021

Question Time. Antiques Roadshow. Songs of Praise. To that list you can now add cage-fighting organisation Bellator. This month the BBC became the home of the American mixed martial arts (MMA) promotion in the UK, meaning it now sits alongside some of the most traditional shows in British broadcasting. While it might rile the “Disgusted [...]
Week in Sportbiz: The end of the Tiger Effect? Plus Olympic bid shake-up, drinks all round, Lord Coe’s scare and Eddie Jones’s debt to Van Gaal

February 25, 2021

Tiger Woods survived a serious car crash this week, to the immense relief of the sporting world. But it might not be such good news for the fabled Tiger Effect, to the consternation of golf’s broadcasters and advertisers. While Woods may yet defy the odds once more and return to the sport he has redefined, [...]

Trump torches ‘unrecognisable’ Europe in scathing Davos speech

Premier League boom ‘masking’ English football’s financial woes, says BDO

Elevate your dishes the Italian way with a refreshing Menabrea

By: Frank Dalleres

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