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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F1 scam firm wound-up over British Grand Prix hospitality ticket sham

February 13, 2025

A scam company which targeted the sale of hospitality packages they didn’t have for the Formula 1 British Grand Prix has been wound up. Foresea Limited is connected with a trio of other businesses shut by the Insolvency Service, with this firm wound-up at the High Court this week. The firm was found to have [...]
Enhanced Games: Trump invests in ‘doped Olympics’

February 13, 2025

The Enhanced Games, a drug inclusive alternative to the Olympics, has bagged Trump family funding as 1789 Capital leads a new funding round. The venture fund is led by investment bank Farvahar Partners CEO Omeed Malik, vice president JD Vance ally Christopher Buskirk – they co-founded The Rockbridge Network together – and the 47th President’s [...]
Ambanis and Boehly: Who owns the Hundred teams after £975m sale?

February 13, 2025

With the sale of Southern Brave confirmed on Wednesday, all eight of the England and Wales Cricket Board’s 49 per cent stakes in Hundred franchises have been sold. Sellers, counties and buyers will now enter into exclusive negotiations on the details but it is expected to run, mostly, without a hitch. The valuations placed on [...]
Everton sponsor Stake to leave UK after gambling probe into porn ad

February 12, 2025

Club officials of Everton, Nottingham Forest and Leicester City could run the risk of imprisonment or fines after Stake became the latest gambling firm to lose its UK licence after a probe into a porn ad on social media. The Gambling Commission will write to Everton – sponsored by Stake – as well as Nottingham [...]
Row erupts over bid to resurrect London Irish

February 12, 2025

London Irish administrators and former frontrunner Daniel Loitz are at loggerheads over the breakdown of the German’s proposed deal to buy the stricken rugby club. Sources close to the deal claim that Loitz had months – including an exclusivity period – in which to finalise a purchase with the ReSolve Group, which was appointed when [...]
Dry in the desert: Alcohol to be banned at 2034 Fifa World Cup in Saudi Arabia

February 12, 2025

Alcohol will not be allowed at the 2034 Fifa World Cup in Saudi Arabia, the kingdom’s ambassador said on Wednesday. Prince Khalid bin Bandar Al Saud said that “there’s no alcohol at all” in the country, adding that there would not be an exemption for the World Cup, which Saudi Arabia won last year. The [...]
Allwyn wins lotto with McLaren deal after F1 partnership

February 12, 2025

Lottery operator Allwyn have built upon their Formula 1 partnership this week by striking a deal with constructors’ champions McLaren. The firm, which holds the UK licence for the National Lottery, will add McLaren to their roster of partners having agreed to get on board with Formula 1 ahead of the 2025 season. “We are [...]
Eddie Jones: I want to become an IPL coach

February 12, 2025

Former England rugby coach Eddie Jones has revealed he wants to move into cricket’s Indian Premier League, insisting he could “100 per cent” win the IPL. Jones is England’s most successful coach by win percentage, took the team to the 2019 World Cup final in Japan before being sacked and replaced by incumbent Steve Borthwick, [...]
Kolkata Knight Riders lose Trent Rockets Hundred team to Chelsea owner

February 11, 2025

The face of Chelsea’s US ownership group, Todd Boehly, has won the auction to purchase 49 per cent of the Trent Rockets Hundred franchise. The deal, which would value the Nottingham-based team at £79m, is the penultimate Hundred franchise to be sold, with Southern Brave expected to be auctioned to Hampshire owner the GMR Group [...]
DCMS issue insolvency threat to rugby clubs over Covid-19 loans

February 10, 2025

Rugby clubs have been warned after the Department of Culture, Media and Sport (DCMS) said it “wouldn’t hesitate” to use “all financial levers” available to recover loan payments owed by sports organisations from the pandemic. Those powers could see the government department aid in forcing insolvency on sports clubs to ensure the taxpayer recoups the [...]

Franco Manca and Real Greek owner slumps to £14m loss as boss quits

Brentford in talks to host Shakhtar Donetsk Champions League fixtures

New City venue rethinks competitive socialising… again

By: Matt Hardy

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