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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Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru

June 10, 2025

Beverage giant Diageo is mulling a potential sale of its Indian Premier League (IPL) side Royal Challengers Bengaluru. The reigning IPL champions – whose roster this year featured the likes of England’s Phil Salt, Liam Livingstone and Jacob Bethell, as well as Australians Tim David and Josh Hazlewood – are owned by United Spirits, a [...]
Leclerc launches ice cream brand LEC into £1.4bn UK market

June 10, 2025

Ferrari Formula 1 driver is aiming to overtake new competitors as he enters the UK ice cream market. The 27-year-old founded LEC, a light ice bream brand, in 2024 and is now aiming to break into an industry worth £1.4bn on these shores. The driver is launching with an initial five flavours – Swirly Pistachi-oh, [...]
R360 rugby project fully funded and profitable after a year, say insiders

June 9, 2025

The breakaway R360 global club rugby competition has already secured the funding to launch in 2026 and is targeting a profit in its second year, sources close to the ambitious project have told City AM. Organisers of R360 intend to change the face of the sport through franchise ownership, attracting brands not traditionally associated with [...]
WhatsApp, Google, Adobe, YouTube investor group buys into US cricket

June 9, 2025

Silicon Valley figures from Adobe, YouTube, Google, WhatsApp and Dropbox are among those to have invested in Major League Cricket (MLC) franchise the San Francisco Unicorns. They join figures from TV show The Big Bang Theory, Yodlee, and Menlo Ventures in going into sports ownership. Shantanu Narayen, chairman and chief executive at Adobe, is among [...]
Ait-Nouri joins Man City as club splurge ahead of Club World Cup

June 9, 2025

Man City’s rebuild is set to cost another £65m with Pep Guardiola’s side completing one of two hopeful new signings ahead of the Club World Cup. The Manchester club last week confirmed the signing of Dutch midfielder Tijjani Reijnders from AC Milan for £46.3m but on Monday landed Algeria international Rayan Ait-Nouri (£31m) from Wolves. [...]
Spurs open talks with Brentford over £10m move for Frank

June 9, 2025

Spurs are edging towards a replacement for Ange Postecoglou after opening talks with Brentford over head coach Thomas Frank. Tottenham Hotspur sacked Australian Postecoglou just over two weeks after he led them to Europa League glory and Champions League qualification in his second season. And the north London club have their eyes set on the [...]
Can government force £2.5bn Abramovich Chelsea funds to Ukraine?

June 8, 2025

Last week the UK government threatened to take Russian oligarch Roman Abramovich to court to make sure the £2.5bn raised from his sale of Chelsea FC went to Ukraine. Abramovich owned Chelsea from 2003 until his forced sale in 2022 following Russia’s illegal invasion of Ukraine. But the proceeds of the sale to a consortium [...]
French Open prize money: How much does Roland Garros winner get?

June 7, 2025

This weekend sees the crescendo of the French Open, but how much do the men’s and women’s singles champions win at Roland Garros? For those who are unaware, tennis pays its men’s and women’s champions the same at the four grand slams. The Australian Open earlier this year saw winners Jannik Sinner and Madison Keys [...]
Aston Villa figure joins LIV Golf League

June 6, 2025

Former Aston Villa bigwig Chris Heck has joined LIV Golf as the Saudi Arabia-backed league’s new president of business operations. Heck left Villa this season after a two-year stint that saw the Premier League club reach the Champions League. It comes as the US Amateur champion Jose Luis Ballester snubbed a spot on the Korn [...]
Trump tariffs: How Big Beautiful Bill could have bigger impact on sport

June 6, 2025

To tariff or not to tariff, that has been the question on both sides of the pond recently. President Donald Trump’s sweeping tariff plan is stuck in the courts but the rest of the world is reeling from the uncertainty. That is, except for sports. City AM reported this week that sports valuations are steady [...]

Guaranteed hours rules ‘would threaten jobs’, government warned

Italy and UK risk driving Formula 1 away with misguided tax raids

Why the Norwegian Arctic is the best place to see the Northern Lights

By: Matt Hardy

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