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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Man City owner City Football Group close in on £1bn combined losses

March 11, 2025

Manchester City owners the City Football Group’s combined total losses are nearing £1bn after they registered a £122.2million pre-tax loss in the 2023-24 season. City Football Group, which counts the Premier League champions as its star asset, was founded in 2013 and is majority owned by Sheikh Mansour bin Zayed Al Nahyan with Silver Lake [...]
Newcastle United sponsor Sela opens London office with Olympics veteran

March 11, 2025

Saudi sport and entertainment company Sela is launching an office in the capital with the backing of London 2012 veteran Sir Keith Mills. Sela delivered the Anthony Joshua vs Daniel Dubois fight at Wembley last year and is the main sponsor of Premier League club Newcastle United, who play in the Carabao Cup final on [...]
Manchester United Old Trafford plans set to be revealed

March 10, 2025

Manchester United are today expected to announce plans for a new stadium to replace Old Trafford after co-owner Sir Jim Ratcliffe defended the club’s penny pinching. A “Wembley of the North” on the site of Old Trafford has been Ratcliffe’s goal since the billionaire purchased just under 30 per cent of Manchester United last year. [...]
Investec Champions Cup Barometer: La Rochelle versatility shows

March 10, 2025

In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Player of the week: Oscar Jegou, La Rochelle Sometimes the best players are the ones [...]
Liverpool ditch Nike as they land £300m kit deal

March 10, 2025

Liverpool’s iconic red strip will be made by Adidas for the first time in over a decade after the club and the German sportswear giant agreed a £60m-per-season deal. Adidas will replace Nike, whose five-year deal concludes at the end of this season. The club have had deals with both Warrior and New Balance since [...]
Sidemen charity match proves importance of entertainment in sport

March 10, 2025

On Saturday afternoon at Wembley Stadium, 90,000 fans packed out the home of football for a charity match featuring online celebrities the Sidemen. Having begun with games at Southampton in 2016 and Charlton’s The Valley, the Sidemen – a group of seven YouTubers who have banded together to grow their brand, and whose most notable [...]
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 [...]

FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss

Manchester United’s new stadium is a test of sports finance – but markets have a solution

Is the Maybach GLS the most excessive SUV?

By: Matt Hardy

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