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      Greater fool theory helps to explain Premier League’s record £3.5bn transfer window

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  • Greater fool theory helps to explain Premier League’s record £3.5bn transfer window

    September 3, 2026

    The transfer window has left Ed Warner’s head in a spin and even the most devoted football nut must have struggled to keep up, he writes. The football transfer window closed on Tuesday night, with over £3bn splashed out by Premier League clubs for the second summer running. In the end, Everton didn’t sell their [...]

  • Formula 1 chiefs cool speculation of 12th team on grid

    September 3, 2026

    Formula 1 chiefs have cooled speculation that a 12th team could join the grid before the end of the decade. The global motor sport series saw the number of teams rise from 10 to 11 earlier this season when Cadillac joined the grid, and FIA chief Mohammed Ben Sulayem has previously said he is open [...]

  • Fulham owner Khan sees his £1bn stadium construction project take next steps

    September 2, 2026

    Owner of Premier League club Fulham, Shahid Khan, is spending £1bn on a major stadium upgrade as he looks to expand his corporate offering. The Pakistani-American businessman, who is reportedly worth nearly $15bn, will see his team relocated by 150 miles while the works, which will be completed in time for the summer of 2028, [...]

  • Arsenal owner Kroenke takes total US franchise spend this summer to £23bn

    September 2, 2026

    Nearly £23bn of US sports franchises were sold across the summer after Arsenal owner Stan Kroenke purchased the Los Angeles Angels. The surprise purchase – a MLB record at £2.97bn – ended a summer of spending across North America which included basketball, NFL and women’s football. Kroenke’s sporting portfolio now puts the Angels alongside Premier [...]

  • Labour calls for Mayor to explore London Stadium sale to West Ham

    September 2, 2026

    Labour have called on Mayor Sadiq Khan to explore selling the London Stadium to West Ham United. Labour assembly member Bassam Mahfouz has written to Lord Khan urging him to relieve the London taxpayer of the £1.75bn burden of the existing deal between City Hall and the Championship football stadium. The long-term tenancy agreed by [...]

  • NYSE-listed Securitize offer football club shares on blockchain with Socios

    September 2, 2026

    New York-listed tokenised asset firm Securitize is to offer shares in football clubs held on the blockchain in partnership with controversial fan token firm Socios. A “strategic partnership to develop regulated equity offerings involving minority interests in professional sports teams” was announced as the market opened in New York, with Securitize – which has $5bn [...]

  • Ipswich, Hull and Coventry follow Sunderland blueprint for Premier League survival

    September 2, 2026

    Promoted teams have followed Sunderland’s example and gambled big money on staying up after Ipswich Town, Hull City and Coventry City all ended the transfer window among the biggest net spenders. Manchester City, Chelsea and Tottenham Hotspur might have led the way in gross outlay but in net terms many of the biggest spenders were [...]

  • Revealed: BBC bid just £900k for £5m Commonwealth Games TV rights

    September 2, 2026

    Commonwealth Games chiefs took flak for agreeing a broadcast deal with TNT Sports that put it behind a paywall for the first time in 72 years – but City AM can reveal the BBC offered less than £1m for the rights. The BBC’s bid of around £900,000 represented a 91 per cent decrease on the [...]

  • FOMO drives Premier League clubs to new record summer spending of over £3bn

    September 1, 2026

    Premier League clubs set a new record for transfer spending in the summer window as soaring revenues and FOMO drove outlay past £3bn for a second year in a row. While some deals are still to be confirmed by tonight’s 11pm deadline, the gross total shelled out by the division’s clubs is set to pass [...]

  • Formula 1: Magnussen joins Maldini and Griezmann at fintech unicorn Flatpay

    September 1, 2026

    Former Formula 1 driver Kevin Magnussen has joined Paolo Maldini and Antoine Griezmann as an investor in fintech unicorn Flatpay. The former McLaren, Renault and Haas motor racer is now a shareholder in the Danish firm, which boasts more than 100,000 European clients. Its chief executive Sander Janca-Jensen said they’re “proud that someone like Kevin [...]

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