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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NBA and EuroLeague line up fresh talks over compromise deal

Sport Business

The NBA and EuroLeague are set for further meetings, perhaps as soon as next week, amid growing hopes of a resolution to their rift over a new European basketball league. The US giant and its European counterpart had been at loggerheads for months over the plans for NBA Europe to launch in 2027 and potentially [...]
Italy World Cup flop kills five per cent of bets on tournament winner

Sport Business

Italy’s failure to qualify for the 2026 World Cup this week was an early win for bookmakers as it killed five per cent of wagers on the outright winner, betting data shows. Four-time champions Italy lost on penalties in a play-off with Bosnia and Herzegovina on Tuesday, meaning they will miss a third men’s World [...]
E1: Thibaut Courtois joins ex-Chelsea teammate Didier Drogba as team owner

Sport Business

Real Madrid and Belgium goalkeeper Thibaut Courtois has become a co-owner of Sierra Racing Club, one of the newest teams in the E1 electric powerboating series. Courtois has acquired a stake in the Turkish-backed team, which joined the PIF-backed E1 this year, through his investment vehicle Nxtplay Capital. He joins a host of sports stars [...]

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: Bids top $1bn as London team proves hottest property – sources

April 1, 2026

The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
London City Lionesses CEO Martin Semmens: ‘We want to be sustainable’

April 1, 2026

London City Lionesses may have made their presence felt in the Women’s Super League by spending big on star signings such as Grace Geyoro, but Michele Kang’s riches are going on much more besides. It should probably come as no surprise that Kang applies the same attention to detail that made her a billionaire in [...]
Tottenham Hotspur make £121m pre-tax loss despite Europa League win

March 31, 2026

Tottenham Hotspur have announced a pre-tax loss of £121m for last season despite revenue increasing by seven per cent as they won the Europa League. Spurs, who are set to name Roberto de Zerbi as their new manager in a bid to stave off the threat of relegation, suffered a drop in media revenues as [...]
Michele Kang committed to funding London City Lionesses after £10.6m loss

March 31, 2026

London City Lionesses chiefs insist Michele Kang will continue to fund the club’s growth after they posted a £10.6m loss for the 2024-25 season, when they won promotion to the Women’s Super League. US billionaire Kang, who also owns French side OL Lyonnes and NWSL team Washington Spirit, injected £12.5m into London City Lionesses via [...]
World Cup: No Plan B if Iran don’t show up, insists Fifa boss Infantino

March 31, 2026

Fifa president Gianni Infantino insists there is “no Plan B” if Iran do not take their place at the World Cup but ruled out moving their games from the US to Mexico. Iran’s participation has been in serious doubt since the US and Israel began a military offensive on the country in late February. Iranian [...]
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 [...]

NBA and EuroLeague line up fresh talks over compromise deal

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By: Frank Dalleres

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