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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Salford Red Devils handed HMRC lifeline by tax authorities

September 3, 2025

Super League side Salford Red Devils have had a winding-up petition issued by HMRC adjourned for a second time. City AM exclusively revealed in May that the troubled rugby league club had been hit with a winding-up petition by tax authorities after it was reported that the club owed HMRC £500,000. But the petition was [...]
F1: McLaren stake sale values team at record $5bn

September 3, 2025

McLaren’s 30 per cent stake sale values the Formula 1 team at north of $5bn, according to sources close to the deal. Majority shareholders Mumtalakat, the Bahraini sovereign wealth fund, and UAE-based investment group CYVN Holdings this week completed the purchase of all shares they did not already own to acquire 100 per cent of [...]
Formula 1’s popular F1 Arcade signs first franchise deal after $130m raise

September 3, 2025

Formula 1’s popular F1 Arcade product has this morning announced its first franchise agreement, with the viewing and gaming hub set to hit the Iberian Peninsula. F1 Arcade’s flagship location is at One New Change in St Paul’s, but the Formula 1 affiliated experiential hospitality offering also has sites in Birmingham, as well as Boston, [...]
Exclusive: England ready to halt cricket ODI over emergency alert test

September 2, 2025

England’s cricket team are ready to pause their ODI match against South Africa on Sunday to observe the government emergency alert test, City AM can reveal. The UK government will be testing its alert systems, which will cause a loud noise on all 4G and 5G phones and tablets on Sunday at 3pm regardless of [...]
Apollo Global Management to launch £3.75bn sport investment vehicle

September 2, 2025

New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport. The firm, which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund. Having previously held talks with LaLiga club Atletico Madrid about acquiring a [...]
British and Irish Lions tour clears £30m Rugby Australia debt

September 2, 2025

Revenue generated by the British and Irish Lions rugby tour to Australia has helped the hosts to be debt-free for the first time since 2021. The nine-match, three-Test tour Down Under allowed Rugby Australia to pay off the £30m it owed Pacific Equity Partners having taken out a £39m loan in 2023. It is the [...]
Moshiri to Friedkin: Inside Everton’s Hill Dickinson Stadium deal

September 2, 2025

Proud Everton fans very nearly walked into a brand new arena called the MoneySuperMarket Stadium. Alas, the Toffees now call the Hill Dickinson Stadium home. The international commercial law firm’s roots are entrenched on the banks of the River Mersey, but the search for a title sponsor for the Premier League’s newest stadium was a [...]
Fan groups urge Fifa to block overseas LaLiga and Serie A matches

September 1, 2025

Fifa has been urged to block plans for domestic leagues to play in-season matches overseas. Supporters’ groups say that “relocating domestic league matches abroad would set a dangerous precedent” amid news that both the Italian Serie A and Spanish LaLiga are working on staging matches overseas. AC Milan and Como are looking to play one [...]
McLaren F1 team set for £3bn valuation after stake sale

September 1, 2025

McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own. The sovereign wealth fund of Bahrain, Mumtalakat, and UAE-based investment group CYVN Holdings are set to buy out the 30 per cent holding in McLaren Racing that is not currently theirs, according to Sky News’ [...]
Nyetimber muscle out Bollinger to partner with England Rugby

September 1, 2025

Sparkling wine producer Nyetimber has muscled out French firm Bollinger to become an official partner of England Rugby ahead of the autumn internationals. The deal ends a 24 year relationship between the well-known champagne house and England, and is a coup for the West Sussex-, Kent- and Hampshire-based firm with the national rugby team sponsored [...]

Greens win Gorton and Denton by-election in humiliating defeat for Keir Starmer

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By: Matt Hardy

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