Chelsea’s Club World Cup winners’ prize? A £10m US tax bill Sport Business Chelsea will be hit with a US tax bill of around £10m as a result of winning the Club World Cup on Sunday. The stunning 3-0 win over Paris Saint-Germain in New York last weekend ensured Chelsea will receive £85m in prize money from competition organiser Fifa. Some £39.7m is to be paid immediately and [...]
Exclusive: BBC makes late swoop for Open highlights deal Sport Business The BBC has secured a last-minute deal to show evening highlights of the Open Championship at Royal Portrush this week. The R&A has agreed a new three-year deal with the BBC for highlights in a contract that also covers the Women’s Open, starting with the 2025 edition at Royal Porthcawl at the end of the [...]
Rolex sponsored Wimbledon stars made to pay for own watches Sport Business A Rolex sponsorship or ambassadorial contract is widely seen as a must-have endorsement by aspiring young tennis players, yet such deals can prove to be a mixed blessing. Such is the value and scarcity of the Swiss luxury watches that their endorsement department operates a strictly enforced tier system, with only their A-list clients such [...]
BBC facing fight to retain £60m Wimbledon broadcast rights July 2, 2025 The BBC faces the prospect of having to significantly increase its rights fee to the All England Club to extend their exclusive coverage of Wimbledon beyond 2027 amid increased competition for tennis amongst broadcasters. While Wimbledon’s status as a Category A “crown jewel” event means live coverage has to remain available on free-to-air channels, the [...]
London Spirit: Tech titans eye speedy Hundred deal to beat Trump tax rises June 25, 2025 English cricket is set to be an unlikely beneficiary of US President Donald Trump’s tax changes, with the so-called “tech titans” who are buying into London Spirit eager to complete the transaction before the One Big Beautiful Bill Act is rubber-stamped by Congress. One clause of the Republic-sponsored bill, now with the Senate having been [...]
Six Nations look to lure Sky by bundling TV rights with Lions June 18, 2025 The Six Nations unions are in talks with the British and Irish Lions about bundling their TV rights for the next four-year cycle. European unions have already sold TV rights for the Six Nations between 2026 and 2029 in a joint deal with ITV and BBC, but have yet to go to market with their [...]
Premiership Rugby taps Raine and Deloitte as investors circle June 11, 2025 Premiership Rugby Limited (PRL) has engaged the Raine Group and Deloitte to manage potential investment in the competition or some of its clubs. Premiership Rugby is attracting inquiries from American investors looking to buy into English sport following the recent influx of purchasers of Premier League and EFL clubs, with interest expected to grow ahead [...]
Alcaraz French Open final win earns TNT Sports record viewing figures June 10, 2025 Carlos Alcaraz’s thrilling French Open fightback over Jannik Sinner on Sunday produced the UK’s highest ever viewing figures for a Roland Garros final on TNT Sports or predecessor Eurosport. City AM has learned that TNT Sports’ audience reach was over 1m as Alcaraz closed in on his stunning fifth-set tie-break victory over the world No1, [...]
Middlesex members force vote on County Championship and T20 Blast June 6, 2025 Middlesex cricket club have called a Special General Meeting for 26 June after receiving a petition from members demanding they oppose cuts to the County Championship and T20 Blast next season. The SGM will include a binding vote to determine the club’s position on proposed changes to the domestic schedule, in the first steps of a coordinated attempt by county members to [...]
Red Bull eyes franchise in R360 rugby breakaway league June 4, 2025 Red Bull is one of the sports investors to have expressed an interest in buying a franchise in R360, the revolutionary new global rugby union competition that it is claimed will launch next year. A proposed grand prix-style travelling league featuring eight men’s franchises and a four-team women’s competition has been put together by a [...]