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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Atletico Madrid valued at £2.2bn after Apollo Global Management acquisition

November 10, 2025

LaLiga club Atletico Madrid has been valued at around £2.2bn after Apollo Global Management purchased a majority stake in the Spanish team. Chief executive Miguel Angel Gil Marin and president Enrique Cerezo will continue in post but the acquisition represents the latest private equity push into European football. It is understood that the US fund [...]
745 Game for MND raises £110,000 as rugby union and league come together

November 10, 2025

Legends of rugby union and league clashed on Sunday as the 745 Game raised £110,000 to help fight motor neurone disease. The match, played at Prem Rugby club Gloucester’s Kingsholm Stadium, saw the likes of Mike Tindall run out while figures including Jonny Wilkinson watched from the sidelines. It was won 43-45 by Team Burrow. [...]
London set for new 15,000-capacity arena in boost for capital

November 10, 2025

The capital is set to gain a 15,000-capacity basketball arena after studies surrounding a new stadium for the London Lions concluded their opening phase. The custom-built, multi-purpose stadium could stage as many as 40 basketball games per season as well as hundreds of cultural events. A London Lions feasibility study conducted in conjunction with The [...]
WTA Finals set to extend stay in Saudi Arabia as kingdom invests in tennis

November 10, 2025

The money-spinning WTA Finals are set to remain in Saudi Arabia beyond the current contract. The finals, featuring the world’s top eight women’s players, concluded its second season in Saudi Arabia at the weekend as part of a three-year deal. But WTA chief Portia Archer said they would be looking to keep the event “in [...]
IPO planned for builders of 115,000-capacity World Cup stadium

November 7, 2025

The firm building the 115,000-capacity stadium being used in the 2030 Fifa World Cup is planning an IPO to fund a record level of orders. SGTM – whose portfolio is mostly in civil infrastructure – is behind the construction of the Hassan II Stadium near Casablanca, which could host the World Cup final when Morocco [...]
SLB: FIBA recognition allows us to broaden basketball reach at home and abroad

November 7, 2025

Super League Basketball say official recognition from the sport’s governing body FIBA will allow clubs to “nurture talent, develop venues and broaden their reach at home and abroad”. The move follows recognition on Thursday in a move that brings SLB into the FIBA ecosystem after an earlier suspension of the British Basketball Federation for failing [...]
Bullsh*t spin: Labour and Nandy slammed over Kogan football appointment

November 7, 2025

Labour has been accused of deploying “bullshit spin” in response to a report criticising the government’s appointment of David Kogan as chair of the Independent Football Regulator. A report by Sir William Shawcross declared that Department of Sport, Media and Culture secretary of state Lisa Nandy had breached the Government Code in appointing the media [...]
Trial of Nottingham Forest owner Evangelos Marinakis begins in Greece

November 6, 2025

The trial of Nottingham Forest owner Evangelos Marinakis has begun in Greece, with the recognisable Premier League figure accused of instigating football violence and supporting a criminal organisation. Marinakis co-owns Super League Greece side Olympiacos and is on trial in Athens alongside four other board members on misdemeanour charges. The trial stems from charges lodged [...]
Abramovich hits out at UK government over frozen £2.3bn Chelsea proceeds

November 5, 2025

Former Chelsea owner Roman Abramovich has criticised the government over moves that have “paralysed” his £2.3bn windfall from the sale of the Premier League club. Following the invasion of Ukraine, the Russian billionaire sold the Stamford Bridge club to a consortium fronted by American Todd Boehly, with the proceeds placed in a frozen bank account [...]
International rugby player charged over alleged £70,000 crypto theft

November 5, 2025

An international rugby player has been charged with fraud over an alleged crypto theft worth £70,000. Former NRL rugby league star Trent Merrin was arrested this week and charged with dishonestly obtaining a financial advantage by deception. The seven-time Australia international and former Dragons and State of Origin forward, 36, stands accused of stealing from [...]

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By: Matt Hardy

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