Brady-backed advisory firm Knighthead spends £100m in Birmingham February 5, 2025 The UK government has welcomed Birmingham City owners Knighthead Capital’s £100m investment into Britain’s second city, which is centred around a 60,000-seat stadium. The American advisory firm, in which NFL great Tom Brady owns a small stake, has spent the money on a 48-acre site near to Birmingham City’s St Andrew’s home for the mega-project. [...]
Sunrisers Hyderabad owners buy Northern Superchargers outright February 5, 2025 Owners of Sunrisers Hyderabad Indian Premier League (IPL) team have purchased 100 per cent of Northern Superchargers in the Hundred. It is the latest sale in a series of eight auctions in which the England and Wales Cricket Board are flogging off 49 per cent of each team. The deal between Indian media conglomerate Sun [...]
EFL board set to discuss National League promotion demand February 5, 2025 The EFL board will meet on Thursday amid renewed pressure from the entire National League to increase the number of promotion places from two to three. All 72 National League clubs, which represent the fifth and sixth tiers of English football, wrote to the EFL this week demanding the increase with immediate effect. The issue [...]
Cristiano Ronaldo wants to own ‘several football clubs’ February 5, 2025 Cristiano Ronaldo wants to take his prolific streak into the boardroom when he retires from playing football by owning a multi-club network. Ronaldo shows no sign of hanging up his boots as he turns 40 today, with the forward still breaking goalscoring records for Portugal and Al Nassr in the Saudi Pro League. But the [...]
Making it Raine: US bank to earn £10m from Hundred franchise sales February 5, 2025 The Raine Group is on course to bank around £10m in commission from its role in the sale of the eight Hundred franchises. City AM has learned that the New-York based bank will earn fees worth two per cent of the price paid for 49 per cent stakes in the franchises sold by the England [...]
Rocket Padel banks on ‘tenfold’ growth ahead of London expansion February 5, 2025 Britain’s booming number of padel players can grow tenfold because the country has the “perfect ingredients”, says the founder of Rocket Padel as the operator prepares to open a new club in Beckton, east London. The new site, due to open in April, will be the Scandinavian brand’s seventh club worldwide and its fourth in [...]
PDC Darts World Championship to stay on Sky Sports February 4, 2025 The PDC Darts World Championship will remain on Sky Sports for the next five years after the competition organiser and broadcaster agreed a new deal. It comes at a time when the popularity of darts is on the rise following a sensational 18-month rise for Brit Luke Littler, who reached successive PDC Darts World Championship [...]
Three Hundred franchises up for grabs with bidding set to resume February 4, 2025 The sale of the final three Hundred franchises could resume on Wednesday after being paused by England cricket chiefs to allow for previously unsuccessful bidders to reassess their options. Northern Superchargers, Trent Rockets and Southern Brave are still up for grabs following a £340m investment in the other five franchises which valued them at almost [...]
Boost for UK industry as another F1 team heads to ‘motorsport valley’ February 4, 2025 Sauber will become the next Formula 1 team to open a base in the UK’s “motorsport valley” as Audi prepares to enter the sport in 2026. The Swiss-based team has struggled to recruit top engineering talent from other teams due to its base on the continent. They’ll join the likes of Mercedes, Red Bull and [...]
Man City splurge drives third biggest Premier League January spend February 4, 2025 Manchester City’s record £180m outlay saw Premier League clubs rack up their third biggest January transfer window spend ever. English top-flight clubs spent a total of £370m during the winter transfer window, which closed on Monday night after a flurry of late activity. The biggest deal saw struggling champions Manchester City make Spanish midfielder Nico [...]