By: Matt Hardy

Deputy Sports Editor - City AM Matt Hardy is the City AM Deputy Sports Editor with a specialism in the business of sport. He covers the likes of rugby, cricket, sporting investment and venture capital funds; while also being across golf, cricket, and the politics of sport.

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Flutter market cap hits $51bn after latest FanDuel acquisition

July 11, 2025

Sportsbook operator FanDuel is set for a $31bn valuation after Flutter Entertainment struck an agreement to take complete control. The Irish-American gambling firm reached terms with Boyd Gaming to acquire the five per cent of FanDuel it does not already own. The deal will see the final five per cent be transferred to Flutter Entertainment [...]
LIV Golf’s Patrick Reed loses appeal in $750m defamation suit

July 11, 2025

LIV Golf’s Patrick Reed has lost an appeal in a $750m defamation suit relating to comments made about his move to the Saudi Arabia-backed league. The 34-year-old former Masters champion had initially said that comments – made by the Golf Channel, commentator Brandel Chamblee and others – after Reed chose to ditch the PGA Tour [...]
Caster Semenya’s right to a fair hearing was violated, ECHR Grand Chamber rules

July 10, 2025

Caster Semenya’s right to a fair hearing was violated, according to an ECHR ruling today. But World Athletics is unlikely to change its rules in relation to Semenya despite the athlete winning a “partial victory” at the ECHR, a top legal expert has warned. Two-time Olympic gold medallist Semenya has been unable to compete in [...]
Coe to help Manchester United secure land for new Old Trafford

July 10, 2025

Lord Sebastian Coe has said he is “delighted” to be chairing the group that hopes to deliver Manchester United’s 100,000-seat new stadium. The club is looking to build a replacement for the iconic Old Trafford on land adjacent to the Theatre of Dreams in plans which, when completed, could see Manchester United host the 2035 [...]
Billionaire hedge fund investor Bill Ackman beaten in ATP Tour debut

July 10, 2025

Billionaire hedge fund investor Bill Ackman was beaten in straight sets as he made his ATP Tour debut. The 59-year-old chief executive of Pershing Square Capital Management lost 6-1 7-5 in the Hall of Fame Open doubles tournament in Rhode Island alongside his partner Jack Sock – a three-time grand slam winner. Ackman was entered [...]
Crystal Palace Europa League spot in doubt after Lyon decision

July 9, 2025

Crystal Palace’s place in the Europa League is in fresh doubt after French club Lyon won an appeal to stay in the top flight across the channel. The Eagles beat Manchester City in the FA Cup to qualify for the Europa League earlier this year, but John Textor – who is Palace’s largest shareholder – [...]
Apple eye Formula 1 rights as streaming rights battle looms

July 9, 2025

Tech giant Apple is in talks to show Formula 1 as the fight for racing rights across the world steps up. The US firm, which is an established streamer of sport, is looking to gain access to the rights for North America with ESPN’s deal coming to a close at the end of this season. [...]
Chelsea set to bag £87m from Club World Cup victory

July 9, 2025

Chelsea will add another £7.3m to their already ballooning prize purse if they win the Club World Cup on Sunday in New Jersey. The Blues will head to the MetLife Stadium in New Jersey on Sunday knowing they’ve already bagged around £80m from the competition Fifa president Gianni Infantino described as the “pinnacle” of club [...]
Red Bull sack Christian Horner in major Formula 1 shock

July 9, 2025

Red Bull team principal Christian Horner has been sacked by the reigning Formula 1 championship winning team after 20 years in the role. Horner has held his post since the team’s formation in 2005, and oversaw dominant periods for drivers Max Verstappen and Sebastian Vettel in a tenure that saw six Constructors‘ and eight Drivers’ [...]
Super League CEO: Challenge Cup final may need move from Wembley

July 9, 2025

Rugby league may have to consider moving the Challenge Cup away from Wembley, says the chief executive of Warrington Wolves. Karl Fitzpatrick said his “heart” was with staying at the 90,000-seat home of football in London but his “head is saying we may need to look at somewhere else”. The 2024 final between Wigan Warriors [...]

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By: Matt Hardy

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