Man City owner City Football Group close in on £1bn combined losses March 11, 2025 Manchester City owners the City Football Group’s combined total losses are nearing £1bn after they registered a £122.2million pre-tax loss in the 2023-24 season. City Football Group, which counts the Premier League champions as its star asset, was founded in 2013 and is majority owned by Sheikh Mansour bin Zayed Al Nahyan with Silver Lake [...]
Newcastle United sponsor Sela opens London office with Olympics veteran March 11, 2025 Saudi sport and entertainment company Sela is launching an office in the capital with the backing of London 2012 veteran Sir Keith Mills. Sela delivered the Anthony Joshua vs Daniel Dubois fight at Wembley last year and is the main sponsor of Premier League club Newcastle United, who play in the Carabao Cup final on [...]
Manchester United Old Trafford plans set to be revealed March 10, 2025 Manchester United are today expected to announce plans for a new stadium to replace Old Trafford after co-owner Sir Jim Ratcliffe defended the club’s penny pinching. A “Wembley of the North” on the site of Old Trafford has been Ratcliffe’s goal since the billionaire purchased just under 30 per cent of Manchester United last year. [...]
Liverpool ditch Nike as they land £300m kit deal March 10, 2025 Liverpool’s iconic red strip will be made by Adidas for the first time in over a decade after the club and the German sportswear giant agreed a £60m-per-season deal. Adidas will replace Nike, whose five-year deal concludes at the end of this season. The club have had deals with both Warrior and New Balance since [...]
EFL writes to Badenoch to question Tory U-turn on football regulator March 10, 2025 The EFL has written to Conservative leader Kemi Badenoch to express surprise at the party’s U-turn on support for an independent football regulator. The Football Governance Bill was first introduced by the last Tory government but has faced growing opposition from Conservative peers in the House of Lords. Badenoch, meanwhile, has described the proposed football [...]
Sidemen charity match proves importance of entertainment in sport March 10, 2025 On Saturday afternoon at Wembley Stadium, 90,000 fans packed out the home of football for a charity match featuring online celebrities the Sidemen. Having begun with games at Southampton in 2016 and Charlton’s The Valley, the Sidemen – a group of seven YouTubers who have banded together to grow their brand, and whose most notable [...]
Number of private equity deals in sport soared in 2024, report says March 9, 2025 The number of major sports acquisitions and mergers by Private Equity has nearly doubled in the last 12 months. Private Equity deals have risen from 96 in 2023 to 190 in 2024, according to a new report. Financial advisory firm Oaklins states that there has been an overall 44 per cent increase in deals – [...]
Netball Super League 2025: Learning from the WNBA – and coming to the O2 March 8, 2025 New teams, new rules, a new competition structure and a big bump in pay; a new era of the Netball Super League begins this weekend with the biggest shake-up in its 20-year history. Gone are Bath, the league’s most successful side, and three other teams as the field has shrunk from 10 to eight. In [...]
Football Regulator: Reform UK demand government ‘leave football alone’ March 7, 2025 Reform UK has slammed plans for a football regulator interfering in the Premier League, insisting the government should “leave it alone”. A Westminster Hall debate this week drew sarcastic digs from both sports minister Stephanie Peacock and her shadow counterpart Louie French on the football regulator, which has recently concluded a series of debates in [...]
Chelsea’s squad is the most expensive ever, Uefa confirms March 6, 2025 Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled in football, according to a new Uefa report. Big-spending Chelsea’s squad was worth an astonishing €1.66bn (£1.39bn), eclipsing the previous highest recorded by Real Madrid in 2020 (£1.12bn). Uefa’s European Club Finance and Investment Landscape Report, published on Thursday, [...]