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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Manchester United losses increase despite Ratcliffe cost-cutting and record revenue

Sport Business

Manchester United have reported a financial loss for a seventh consecutive year despite Sir Jim Ratcliffe’s drastic cost-cutting. Net losses increased from £33m to £43m for the year ending June 2026, even though club revenue increased slightly to a new record £678m. The results relate to a season in which United sacked manager Ruben Amorim [...]
Jersey Mike’s becomes EFL Trophy super-sub as sandwich chain serves up UK launch

Sport Business

Jersey Mike’s may not yet be a household name in the UK but the US sandwich chain hopes to change that by becoming the latest sponsor of the EFL Trophy. The Subway competitor has agreed a five-year deal with the English Football League for title naming rights to the competition, which features clubs from the [...]
Up for the cup: Chelsea captain Erin Cuthbert on her coffee side hustle, Ruby Alba

Sport Business

Being captain of the team that has won the Women’s Super League eight times in the last decade might be enough to keep most people busy, but not Chelsea’s Erin Cuthbert. Off the pitch, Cuthbert has her own coffee business, Ruby Alba, which she launched earlier this year in order to satisfy her entrepreneurial cravings [...]

Wrexham and Atletico Madrid owner Apollo nears Yankees stake in $12bn deal

September 21, 2026

Apollo Sports Capital is expanding its portfolio by adding a minority stake in the New York Yankees to its investments in Atletico Madrid and Wrexham AFC. The deal, which is reported to be close to completion, would also give Apollo an interest in AC Milan, New York City FC and media and hospitality businesses. Apollo [...]
Kylian Mbappe receives shares in On as he jumps ship from Nike deal

September 18, 2026

Swiss sportswear brand On has pulled off a marketing coup by luring Real Madrid and France striker Kylian Mbappe from Nike to launch its football products. Mbappe, who was previously on a £13m-a-year contract with Nike, is working alongside former Arsenal, Barcelona and France star Thierry Henry to develop On’s forthcoming football range. The 27-year-old [...]
Rishi Sunak calls on PM Andy Burnham to restore £35m pledge for cricket domes

September 18, 2026

Former Prime Minister Rishi Sunak has urged current PM Andy Burnham to reinstate the £35m funding commitment to building all-weather “cricket domes” he made when he was in No10. Sunak pledged the sum in 2024 to create 22 of the facilities around the country but the Labour government scrapped the funding, labelling it “fantasy”, after [...]
Cristiano Ronaldo can cash in from Saudi Pro League streaming initiative

September 17, 2026

The Saudi Pro League is giving Cristiano Ronaldo another way to top up his £170m salary by incentivising players to promote livestreams of matches via social media. The SPL’s “Share and Earn” initiative will allow players and influencers to share links to broadcasts of the league, whose stars also include Sadio Mane, Gabriel Martinelli and [...]
Parachute payments boost promotion chances by 4x and should be scrapped, study finds

September 16, 2026

Parachute payments make clubs four times more likely to achieve promotion to the Premier League and should be scrapped, according to a new study. The Leonard Curtis Football Finance Report 2026 found that over a 10-year period Championship clubs who received parachute payments had a 30 per cent chance of promotion, compared to just seven [...]
EuroLeague CEO ‘open’ to NBA investment talks but yet to receive an offer

September 16, 2026

EuroLeague Basketball chiefs are expecting a takeover approach from the NBA that would see the two organisations collaborate on a new European basketball league. CEO Chus Bueno said no offer had yet been put to the EuroLeague but NBA commissioner Adam Silver this week said that joining forces with the incumbent was now their preference. [...]
Dazn getting ‘IPO ready’, says CEO Segev, after swing into black and key hires

September 15, 2026

Dazn chief executive Shay Segev has confirmed the global sports streaming platform is preparing for an IPO after achieving EBITDA profitability in 2025. Segev said the company had not decided on a timeframe for a float, nor whether the London-headquartered company would be listed on the FTSE or overseas. But he confirmed that the advent [...]

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By: Frank Dalleres

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