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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New Zealand Rugby post £8.7m loss months after Ineos saga

May 8, 2025

New Zealand Rugby has posted a third consecutive loss despite the firm – which encompasses the All Blacks – achieving record income. A NZ$19.5m (£8.7m) loss for 2024 follows losses of NZ$8.9m (£4m) and NZ$47m (£21m) in 2023 and 2022 respectively. While nowhere near the £34.3m loss at England’s Rugby Football Union recently, the 2024 [...]
Saudi Arabia’s PIF sponsors new $13m prize golf series

May 8, 2025

The Saudi Arabia investment vehicle the Public Investment Fund (PIF) is to be the title sponsor of a revamped golf programme. The PIF Global Series will replace the Aramco Team Series and will have a total prize pot of $13m. The PIF Global Series will span five events on the Ladies European Tour (LET) – [...]
Crystal Palace co-owner Textor’s firm hit with strike-off notice

May 7, 2025

Leading Crystal Palace shareholder John Textor’s Eagle Football Holdings company has been slapped with a strike-off notice as it prepares for an IPO in the US. A First Gazette “notice for compulsory strike-off” was added to the filing history of Eagle Football Holdings Limited this month and dated 13 May 2025. Textor, who owns just [...]
BBC to show Queen’s Club tennis after striking new TV deal

May 7, 2025

The BBC has agreed a three-year deal with the Lawn Tennis Association (LTA) to show the iconic HSBC Championships at Queen’s Club. BBC Sport will continue to broadcast from the Fulham venue, which will include a women’s tournament for the first time in over 50 years, as well as the Eastbourne and Nottingham grass court [...]
Boehly: Chelsea fans may need to wait until 2042 for new stadium

May 6, 2025

Chelsea fans may need to wait until 2042 before they can move from Stamford Bridge to a new home, co-owner Todd Boehly warned on Tuesday. The club have fallen behind London rivals including Arsenal, Tottenham Hotspur and Fulham in swapping old stadia for new arenas, or vastly upgrading existing infrastructure. But with a move to [...]
Trafalgar Square to stage NBA basketball final this summer

May 6, 2025

London landmark Trafalgar Square will host an NBA basketball final this summer as the capital gets set to welcome the American sporting behemoth. The junior NBA 3×3 Finals will touch down in the centre of the capital, in the shadow of Nelson’s Column. Mayor of London Sadiq Khan said: “London is the sporting capital of [...]
Steve Diamond: Newcastle Falcons can be rugby’s Wrexham AFC

May 6, 2025

Newcastle Falcons boss Steve Diamond has insisted his club can be the Wrexham AFC of rugby as the northern outpost of the Premiership continues to look for fresh investment. The Kingston Park club, according to former Worcester and Sale boss Diamond, has “two or three” interested bidders. Current owner Semore Kurdi has said he’d sell [...]
Brighton owner Bloom proposes £10m minority stake in Hearts

May 6, 2025

Brighton and Hove owner Tony Bloom has proposed a £10m investment in Scottish Premiership club Heart of Midlothian. The investment needs approval from the club’s majority shareholder, supporters group Foundation of Hearts, and would see Bloom receive a 29 per cent stake in the club who are second in the relegation segment of the Scottish [...]
LIV Golf close to South Africa deal, government says

May 6, 2025

The Saudi Arabia-backed LIV Golf league could soon head to South Africa, according to the country’s government. The rebel LIV Golf League, currently in its fourth season, is backed by the Saudi Arabian Public Investment Fund and has not previously staged an event in Africa, though many players on the tour have played in International [...]
Top UK golf event to be staged at Donald Trump course in Scotland

May 6, 2025

A UK Donald Trump golf course will host a top event this summer amid rumours the US President could be on the verge of being let back into the British golfing establishment. The UK government has recently been forced to deny lobbying the sport’s UK governing body the R&A over attempts to see the iconic [...]

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By: Matt Hardy

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