FTSE 100 Live: Stocks to dip after Asian markets hit with tech jitters; Oil falls as OPEC+ ups output
‘A win for all parties’: BT and Amazon to share Champions League rights under new £1.5bn deal July 1, 2022 Amazon will split the rights to the Champions League with BT for the 2024-27 cycle, a period which marks the start of a new format for UEFA’s men’s European club competitions. It means Amazon has secured live UK rights to the Champions League for the first time, spelling danger for broadcasters who have already felt [...]
Nervous gambling sector holds its breath as govt moves towards maximum casino stakes and ban on free bets and VIP packages June 29, 2022 The Prime Minister is set to announce restrictions on the industry as part of the review of the 2005 Gambling Act amid concerns current regulations require changes to accommodate the growth of online betting. The Government confirmed it will publish a White Paper into gambling reform in coming weeks. The Times reported proposals to prohibit [...]
Petr Cech departs Chelsea in latest off-field change June 27, 2022 Chelsea FC have this morning confirmed the departure of Technical and Performance Advisor and former goalkeeper Petr Cech. Cech will leave his role at the end of the month having been in the position for three years. “It has been a huge privilege to perform this role at Chelsea for the past three years,” Cech [...]
Paris Saint-Germain exec blasts LaLiga: ‘The last person we’ll take lessons from is Javier Tebas’ June 16, 2022 Paris Saint-Germain executives have issued a withering retort to LaLiga president Javier Tebas after the Spanish football chief accused the French club of breaking financial rules. LaLiga announced on Tuesday that it has lodged a formal complaint about Qatar-owned PSG’s spending with European football’s governing body Uefa. It follows PSG retaining the services of superstar [...]
Apple makes biggest sports rights bet so far on 10-year, £2bn Major League Soccer deal June 15, 2022 Apple has agreed to pay $2.5bn (£2.1bn) for the global streaming rights to Major League Soccer for the next 10 years. The deal with the top division of men’s football in the US and Canada represents the tech giant’s biggest investment in sports rights so far. Apple, which bought a package of Major League Baseball [...]
Burnley appoint Vincent Kompany as new manager June 14, 2022 Championship outfit Burnley have appointed former Manchester City player Vincent Kompany as their new manager. The Clarets were relegated from the Premier League following the recent conclusion of the season and will compete in their first Championship season since 2015-2016 this summer. Kompany, 36, joins after a spell with Belgium’s Anderlecht – where he guided [...]
Aramco Team Series: Why the Saudi energy and chemical giant is backing women’s golf June 14, 2022 Aramco public affairs general manager Talal Al-Marri explains why the Saudi energy and chemicals giant became one of the biggest backers of women’s golf via the Aramco Team Series, and what the company looks for in a sports sponsorship. Q. How did you come to be title partners of the Aramco Team Series? A. We [...]
Keir Starmer to be investigated by Westminster watchdog over earnings and gifts June 13, 2022 Labour leader Sir Keir Starmer is being investigated by Westminster’s standards watchdog over potential breaches of parliamentary rules for declaring gifts and earnings. The Parliamentary Commissioner for Standards has revealed that it opened an investigation into Starmer last week for potentially breaking two rules. The commissioner’s website says the Labour leader is being probed on [...]
Liverpool agree club record £85m transfer fee for Benfica striker Darwin Nunez June 13, 2022 Liverpool have agreed a £85m deal to make Benfica striker Darwin Nunez their record signing, the Portuguese club have confirmed. The Premier League team will pay a guaranteed £64m, plus additional performance-related fees up to a maximum of £21m. Uruguay international Nunez, who scored 34 goals in 41 games last season, is due to undergo [...]
ASA crypto crackdown – is it regulation by the back door? June 10, 2022 Geraint Lloyd Taylor of Lewis Silkin examines why the ASA is turning its searchlights onto cryptocurrency advertising.