European Super League fallout: Tottenham fans’ group calls for radical shake-up of football club ownership May 1, 2021 Club executives involved in the failed European Super League were forced to resign from advisory roles at the Premier League this week. The move was a consequence of England’s so-called ‘Big Six’ – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – agreeing to join a new breakaway competition which collapsed under the [...]
Screenshot: Will GB News’ traditional TV bet pay off? April 30, 2021 This week **Media Moment of the Week: Blair’s hair mare **Will GB News’ traditional TV bet pay off? **BT puts sport on the sideline Media Moment of the Week: Blair’s hair mare With allegations of sleaze, rows over John Lewis and Kevin Keegan-esque outbursts, it’s fair to say that all the attention has been on [...]
BT confirms talks to offload stake in TV arm in broadband push April 30, 2021 BT has confirmed that it is in talks with major streaming platforms to offload a stake in its television arm as it focuses on its broadband division. BT Sport launched in 2012 in a bid to take out rival Sky which has accrued somewhat of a monopoly on Premier League television rights. It confirmed this [...]
ITV in talks to take stake in BT Sport April 30, 2021 ITV is one of the parties in talks to buy BT Sport, a move that could bring major football back to free-to-air television if the sale went ahead. BT yesterday confirmed it was in talks with major streaming platforms to offload a stake in its television arm as it focuses on its broadband division. ITV [...]
Week in Sportbiz: Taxman cometh for football (again); BT Sport; Simone Biles; social media boycott; and NHS x NFL draft April 29, 2021 HMRC has cashed in by increasing scrutiny of the football industry, so perhaps it should be no surprise that the taxman has begun a new crackdown on players and clubs. Investigations into footballers almost tripled in 2019-20, while those concerning clubs more than doubled. The result was an increase from £35m to £73m in tax [...]
Major Arsenal sponsor sees former execs arrested on suspected $29m fraud – reports April 28, 2021 Top former executives at a firm that sponsors Premier League side Arsenal have been arrested on what police suspect to be a $29m fraud. News outlets in Turkey are reporting six former executives at GKFX have been arrested by Turkish police. Police are suspecting the executives were involved in embezzling $29m in client funds at [...]
Spotify founder Daniel Ek says he is “very serious” about Arsenal takeover interest and has secured the funds to make Stan Kroenke an offer April 28, 2021 Spotify co-founder Daniel Ek says he has secured the financial backing to make an offer for Arsenal. The Swedish billionaire, who is chief executive and part-owner of the music streaming platform, added that he was “very serious” about buying the Premier League football club. Ek also urged current Arsenal owner Stan Kroenke to listen to [...]
City Moves: Who’s switching jobs in the Square Mile this week? April 28, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Cazoo bolsters board after $7bn NYSE listing After its $7bn New York Stock Exchange listing through its AJAX merger, UK online car retailer Cazoo has confirmed that a new non-executive director [...]
Premier League set for TV cash boost after it agrees to renew £4.7bn contracts with Sky, BT and Amazon on same terms April 27, 2021 The Premier League is close to renewing its £4.7bn domestic broadcast contracts with Sky, BT and Amazon, according to reports. It has chosen a private sale to current partners on the same terms as existing deals rather than a traditional auction of the rights for 2022-2025, according to SportBusiness Media. The arrangement must still be [...]
IPL suffers spate of withdrawals, including Ravichandran Ashwin, as Covid-19 cases top 350,000 per day in India April 26, 2021 The Indian Premier League (IPL) has been hit by a series of player withdrawals amid growing concern about Covid-19 rates in the country. India off-spinner Ravichandran Ashwin became the most high-profile cricketer to walk away from the lucrative Twenty20 competition when he announced he was “taking a break” on Sunday. Australian trio Kane Richardson, Adam [...]