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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Number of private equity deals in sport soared in 2024, report says

March 9, 2025

The number of major sports acquisitions and mergers by Private Equity has nearly doubled in the last 12 months. Private Equity deals have risen from 96 in 2023 to 190 in 2024, according to a new report. Financial advisory firm Oaklins states that there has been an overall 44 per cent increase in deals – [...]
FIA and Formula 1 accept General Motors and Cadillac to 2026 grid

March 7, 2025

Formula 1 and its governing body the FIA have approved Cadillac’s application to join the 2026 F1 grid. The move comes after their bid was approved for assessment in November following on from major governance changes at General Motors and Andretti. “The FIA and Formula 1 can confirm that, following the completion of their respective [...]
Football Regulator: Reform UK demand government ‘leave football alone’

March 7, 2025

Reform UK has slammed plans for a football regulator interfering in the Premier League, insisting the government should “leave it alone”. A Westminster Hall debate this week drew sarcastic digs from both sports minister Stephanie Peacock and her shadow counterpart Louie French on the football regulator, which has recently concluded a series of debates in [...]
Government could take Abramovich to court over £2bn from Chelsea sale

March 7, 2025

The government is reportedly preparing to take former Chelsea owner Roman Abramovich to court to get their hands on £2bn from the sale of the club. The oligarch previously said that the money from the sale, currently frozen in a bank account, would go to those hit by Russia’s invasion of Ukraine. But ministers have [...]
Saudi Arabia SURJ mulls investment in World Athletics

March 6, 2025

Saudi Arabia’s SURJ Sports Investment could invest in a new company dealing with the commercial arm of track and field body World Athletics. It would give the Public Investment Fund subsidiary access to a portion of the profits made by the organisation that runs the World Championships and Diamond League in a deal that could [...]
City favourite Pitch Golf opens Canary Wharf flagship

March 6, 2025

City golf favourite Pitch has expended its footprint in the capital with a flagship Pitch Wharf venue near the Isle of Dogs. The waterside Canary Wharf venue was launched last month with a vibrant party across its two-floor space, which is within touching distance of the London underground and the famed financial hub. Pitch Wharf [...]
Starmer throws weight behind 2035 Fifa World Cup bid

March 6, 2025

Prime Minister Keir Starmer has thrown his weight behind a United Kingdom bid for the 2035 Fifa Women’s World Cup. The bid would combine stadiums from England, Scotland, Wales and Northern Ireland and, if it is successful, would see the Home Nations host the showpiece women’s event for the first time ever. Starmer said the [...]
Motorsport UK chair slams FIA for lack of ‘gold-standard’ governance

March 6, 2025

The chair of Motorsport UK David Richards has threatened the FIA with legal action, slamming the governing body for a lack of “gold-standard” governance. Richards claims he was told to sign a restrictive new confidentiality act, as a member of the motorsport council, that imposed €50,000 fines for breaches and a fewer rules and guidelines [...]
MPs slam TNT Sports cycling subscription fee hike

March 5, 2025

MPs have slammed TNT Sports over its plan to move the Tour de France behind a paywall that is more than four times the former subscription fee. Cycling has long been on Eurosport but as of last week the broadcaster ceased to exist in the UK and its assets were transferred over to TNT Sports, [...]
Flintoff, Vaughan and Anderson register for Hundred cricket draft

March 5, 2025

Rocky Flintoff, son of former England favourite Andrew, has registered himself for the Hundred draft alongside Archie Vaughan, son of Michael. Flintoff, 16, and Vaughan, 19, are among more than 800 players to have put their names forward for inclusion in this year’s competition, with the draft scheduled for 12 March. At the other end [...]

Sainsbury’s threatens to crack down on shoplifters caught swapping eggs

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By: Matt Hardy

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