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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Private equity in NFL incredibly successful, commissioner Goodell says

October 24, 2025

Private equity sales in the NFL have been “incredibly successful”, according to the American football league’s commissioner Roger Goodell. It comes after the league voted to allow NFL franchise stakes to be sold to the sector for the first time in 2024. Those stakes are capped at 10 per cent of a franchise but are [...]
Sheffield Wednesday enter administration owing £1m in unpaid tax

October 24, 2025

Struggling Championship club Sheffield Wednesday have filed for administration amid mounting financial issues under the stewardship of Dejphon Chansiri. Thai tuna tycoon Chansiri has owned the Hillsborough club for a decade but the Owls have been under pressure to pay staff for a number of months, and reportedly owe around £1m in unpaid tax to [...]
Messi signs new Inter Miami deal with $1bn stadium project in final stages

October 24, 2025

Lionel Messi has signed a three-year deal to extend his spell in the United States with MLS club Inter Miami. The Argentine joined Inter Miami – owned by David Beckham, Jorge Mas and Jose Mas – in 2023 on a deal reportedly worth $60m a year and over $150m in total. It also promised the [...]
Criminal complaint filed against Fifa over NFTs ahead of World Cup

October 23, 2025

Fifa has been referred to prosecutors after Switzerland’s gambling regulator filed a criminal complaint against football’s world governing body over NFTs. The complaint was launched by Gespa, the Swiss Gambling Supervisory Authority, and relates to the “Fifa Collect” platform and the NFTs hosted on the site. It marks an escalation against the body over its [...]
London Broncos signs multi-year kit deal with Reebok amid rebrand

October 23, 2025

Rugby league side London Broncos have announced a kit partnership with Reebok as the new ownership looks to make its mark on the Championship team. Purchased by a consortium including Brisbane Broncos legend Darren Lockyer and Grant Wechsel of MWG Mining, London Broncos have plans to get promoted to the Super League in 2026 after [...]
Aston Martin F1 loses £190m in five years

October 22, 2025

Aston Martin F1’s most recent loss of £46m has pushed their cumulative five-year deficit to £190m. The Lawrence Stroll-owned Formula 1 team saw revenue rise by 16 per cent for the financial year to 31 December 2024 while cost of sales also rose. But the pit garage housing both Fernando Alonso and Stroll’s son Lance [...]
Big 12 chief: College football in London can boost sport amid private equity interest

October 22, 2025

The commissioner of the league bringing American college football to Wembley Stadium believes the inaugural 2026 match can boost its profile amid interest from private equity. The Big 12 American football league, a collegiate US conference part of the NCAA, earlier this year reviewed bids from private equity firms for stakes in the competition. RedBird [...]
UK Athletics posts profit for first time since 2017

October 21, 2025

UK Athletics has hailed a financial turnaround after going from a deficit of £1.2m to a surplus of £107,000 – its first since 2017. The accounts for the year to March 31 2025 saw losses slashed just three years after the track and field governing body appeared to be on the brink of bankruptcy. UK [...]
Rugby League: Wembley Ashes Test to set UK attendance record

October 21, 2025

The first rugby league Ashes series in over two decades is set to see a record attendance for its first Test at Wembley between England and Australia. The Rugby Football League will see over 57,000 head to Wembley Stadium this weekend to see the hosts take on the Kangaroos in the first of a three-Test [...]
F1 chief defends blockbuster $700m Apple TV deal

October 20, 2025

Cadillac chief Dan Towriss has defended Formula 1’s blockbuster new $700m media rights deal with Apple. The tech giant, whose digital arm streams Major League Soccer, signed a five-year deal for the US rights from 2026 last week reported to be worth over £500m, gazumping an ESPN offer for $90m per season. But the agreement [...]

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By: Matt Hardy

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