Chelsea suffer biggest financial loss in Premier League history April 1, 2026 Chelsea have confirmed by far the biggest annual financial loss in Premier League history after they recorded a deficit of £262m last season. The figures surpass the previous record, the £197m loss made by Manchester City in 2010-11 during a period of rapid investment by their Abu Dhabi-based ownership. It also takes the amount lost [...]
Sport data giant Sportradar slapped with lawsuits in UK and US April 1, 2026 The $5bn valued sport data giant Sportradar has been slapped with a pair of lawsuits for “aggressive actions” towards software company Altenar. Action has been filed in London’s High Court, while there is a Stateside suit heading to the US District Court of New Jersey. Both are claims for multi-million pounds and dollars respectively. The [...]
NBA Europe: Bids top $1bn as London team proves hottest property – sources April 1, 2026 The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
Abramovich defies Starmer with new foundation plan for £2.4bn Chelsea funds April 1, 2026 Roman Abramovich has responded to Keir Starmer’s legal threats to claim the £2.4bn sum raised from selling Chelsea by taking steps to set up a new foundation. An application for the creation of the Foundation for Victims of Conflict will be made this week with the Charity Commission, without the permission of the government. No10 [...]
London City Lionesses CEO Martin Semmens: ‘We want to be sustainable’ April 1, 2026 London City Lionesses may have made their presence felt in the Women’s Super League by spending big on star signings such as Grace Geyoro, but Michele Kang’s riches are going on much more besides. It should probably come as no surprise that Kang applies the same attention to detail that made her a billionaire in [...]
Tottenham Hotspur make £121m pre-tax loss despite Europa League win March 31, 2026 Tottenham Hotspur have announced a pre-tax loss of £121m for last season despite revenue increasing by seven per cent as they won the Europa League. Spurs, who are set to name Roberto de Zerbi as their new manager in a bid to stave off the threat of relegation, suffered a drop in media revenues as [...]
Bedford Blues chief: Champ Rugby clubs are investment opportunities March 31, 2026 When the RFU Council approved plans that would ringfence Prem Rugby for a number of years and create what many described as a franchise league, it is fair to say there were critics. And there still are, with many of them within the second-tier Champ. But Prem Rugby may not be a closed shop forever, [...]
PWR rugby opens door to British and Irish league March 31, 2026 Top flight English rugby could become a British and Irish league after Professional Women’s Rugby launched a tender process for potential new teams. The PWR, seen as the most advanced women’s rugby competition in the world, features nine English teams but could see that number rise after inviting expressions of interest from Wales, Scotland and [...]
Michele Kang committed to funding London City Lionesses after £10.6m loss March 31, 2026 London City Lionesses chiefs insist Michele Kang will continue to fund the club’s growth after they posted a £10.6m loss for the 2024-25 season, when they won promotion to the Women’s Super League. US billionaire Kang, who also owns French side OL Lyonnes and NWSL team Washington Spirit, injected £12.5m into London City Lionesses via [...]
LeBron, McIlroy, Ronaldo in $575m Whoop raise at $10bn valuation March 31, 2026 LeBron James, Rory McIlroy and Cristiano Ronaldo are among a group of athletes part of a $575m raise that values wearable technology firm Whoop at $10.1bn. The Series G funding round, raising over $500m, is led by the likes of the Audi Formula 1 investors Qatar Investment Authority and Saudi Aramco Oil Pipelines stakeholders the [...]