Ratcliffe and Ineos bite back after being sued by New Zealand Rugby Sport Business Sir Jim Ratcliffe’s Ineos has blamed the “deindustrialisation of Europe” after the Manchester United co-owner was sued by New Zealand Rugby over its latest cost-cutting measure. New Zealand Rugby (NZR) went public with the dispute on Monday, claiming that Ineos had breached its sponsorship agreement by failing to pay an instalment of the £27m, six-year [...]
Manchester set to become ‘global capital of football’, says Burnham Sport Business Manchester will become “the global capital of football” following a major regeneration project centred around a new Manchester United stadium, says the city’s mayor Andy Burnham. The government and Trafford Council have pledged to support the wider revamp of the area, which is set for a transformation like that catalysed in Stratford by the London [...]
Apple eyes MLS sell-off as even Messi can’t save £2bn deal Sport Business Apple TV is considering selling off some of its international rights to Major League Soccer (MLS) just two years into a 10-year deal. The streaming company is paying $250m (£200m) a year for global MLS rights in a bet that interest in the American domestic league would grow significantly on the back of Lionel Messi’s [...]
Fans issue warning to Ratcliffe over Manchester United sponsors January 27, 2025 The Manchester United Supporters’ Trust (MUST) has warned Sir Jim Ratcliffe that fans have the power to drive away sponsors if the club does not freeze ticket prices. Old Trafford regulars fear that co-owner Ratcliffe will hike prices for next season as he looks to reverse losses of more than £300m in the last three [...]
Man United investor Ineos splits with key sport figure January 24, 2025 Ineos, minority investors of Manchester United, split with a key sports figure on Thursday, citing a failure to agree over the future. The Sir Jim Ratcliffe-owned chemicals giant and British Olympic gold medal winner Sir Ben Ainslie have parted ways following Britain’s first appearance in an America’s Cup final in 60 years. The two parties [...]
Man United legend Bryan Robson to be hit with tax bill over ambassador role January 21, 2025 Former Man United legend Bryan Robson has lost a chunk of his IR35 case against HMRC leaving him exposed to a undisclosed tax bill
Rashford exit to cost Man Utd as clubs battles to meet PSR rules January 14, 2025 Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]
Sir Jim Ratcliffe ‘doesn’t care’, blasts Manchester United legend January 7, 2025 Manchester United legend Paul Scholes says Sir Jim Ratcliffe has done “nothing positive” during his first year as co-owner and believes ticket price hikes show he does not care about the fans. Ineos chairman Ratcliffe, the 72-year local-born billionaire who became minority shareholder of the Premier League club at the start of 2024, has defended [...]
Marcus Rashford’s investment company faces being forcibly shut down January 2, 2025 The investment company owned by troubled Manchester United star Marcus Rashford is at risk of being forcibly shut down. MUCS Investments Limited, which counts the footballer as its sole director, has been sued with a compulsory strike off notice by Companies House. The action has been taken after the firm failed to file its accounts [...]