Six Nations investors CVC bids $1bn for major tennis competitions March 3, 2025 Private equity giant CVC Capital Partners are set to bid for a portfolio of high-profile tennis events worth £790m that includes the Madrid and Miami Opens. It could see the Six Nations investor add to its existing tennis interests, which include a commercial joint venture with the WTA launched in 2023. The portfolio – currently [...]
Brighton and Hove Albion: Seagulls post £73.3m profit February 28, 2025 Brighton and Hove Albion posted a profit of £73.3m for their 2023/24 season after their Europa League appearance kept them in the black. The pre-tax profit follows positive accounts a year prior, where the club made a profit of £130.7m. A significant chunk of the earnings Brighton, whose chairman is Tony Bloom, made came from [...]
Chelsea FC : Abramovich ally Granovskaia at High Court over Alrubie dispute February 28, 2025 Former Chelsea director Marina Granovskaia is at London's High Court today as she seeks to pause a civil claim against her by football agent Saif Alrubie
FA Cup prize money: What non-league clubs would spend £2m on February 28, 2025 This weekend the fifth round of the FA Cup will hand out a good amount of prize money. But for the non-league clubs out of the draw, where would that money have been spent? Just the 16 teams remain in this weekend’s FA Cup fifth round, and there will be no representation from below the [...]
Google ‘profiting from crime’ says Spanish football boss Tebas February 27, 2025 Spanish football league LaLiga says it has taken legal action against Google over the piracy of its media rights, accusing the tech giant of cooperating with and profiting from crime. LaLiga president Javier Tebas said Google housed urls and apps which offer pirated broadcasts of its matches and allowed criminals to make money from the [...]
WTA Tour hires London agency Nomad Studio for ‘bold’ rebrand February 27, 2025 The WTA Tour has engaged London design agency Nomad Studio, whose clients include the Premier League and Rolls Royce, to launch a wide-ranging rebrand today. The rebrand of the women’s tennis tour includes a new logo, bright green and purple palettes, and slogan – “Rally the world” – designed to be “bigger, bolder and built [...]
Man who spearheaded £975m Hundred sale rewarded with new job by ECB February 27, 2025 Vikram Banerjee, the man who spearheaded the sale of eight minority stakes in the Hundred, has been rewarded with a promotion by the England and Wales Cricket Board. Banerjee will take up the role of managing director of the Hundred after the competition saw its eight franchises valued at £975m after a series of auctions [...]
FA Cup final in Riyadh? Why heritage competitions should follow the money February 27, 2025 Sixteen teams head into this weekend’s fifth round of the FA Cup, their fans celebrating shortening odds of a Wembley semi-final appearance and, in turn, final glory. Most will be oblivious to the £2m prize for the ultimate winners of the trophy. Club owners will likely consider this a paltry reward in itself, although broadcast [...]
Mark Kleinman: A reset BP might not have drilled deep enough for activists February 27, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles activist investors drilling into BP, Ratcliffe’s cost-cutting and a big ticket auction A reset BP might not have drilled deep enough for activists Bernard’s Parable or Belated Pivot? These might be the most concise [...]
Rangers won’t become feeder club to Leeds if 49ers buy them, says Marathe February 26, 2025 Leeds United chairman Paraag Marathe has insisted that Rangers will not become a feeder club if their owners, 49ers Enterprises, complete a takeover of the Scottish giants. The US group, an offshoot of NFL team the San Francisco 49ers, is reported to be in advanced talks about buying a 51 per cent stake in Rangers [...]