LA Olympic Games passes $2bn in sponsorship deals Sport Business The Los Angeles Olympic Games has seen sponsorship value pass $2bn, over two years out from the 2028 showpiece event. The LA28 company tasked with finding sponsors came into 2025 with two partners but is set to end the year with 15, with a value surpassing $2bn. The target figure of $2.5bn is well within [...]
Bidvest directors suffer shareholder revolt over $59,000 Olympics expenses claim Sport Business Three directors of Bidvest Group Ltd, South Africa’s largest conglomerate, have suffered a shareholder revolt over $59,000 of expenses they claimed for attending the Paris 2024 Olympics. The international services, trading and distribution company noted in a stock exchange statement this week that shareholders had rejected calls to reimburse the chairman and two non-executive directors [...]
Trump threatens to pull Olympics from LA and World Cup from Boston Sport Business President Donald Trump has threatened to move the 2028 Olympic Games away from LA, and has warned 2026 Fifa World Cup matches in Boston could be shifted out of state. The remarks, made by the President in the White House, follow threats by the real estate tycoon to move World Cup matches away from San [...]
GB Snowsport announces new partner with Olympics looming September 24, 2025 London headquartered insurance broker McGill and Partners has partnered with GB Snowsport ahead of the 2026 Milan Cortina Winter Olympics and Paralympic in February and March. The short-term deal will see the organisations partner up after a successful World Cup season for GB Snowsport, with the likes of snowboard cross racer Charlotte Bankes, skier Dave [...]
Padel firm founder calls for operators to lower court rental costs September 20, 2025 The founder of a major padel tournament organiser has called upon court owners to “be responsible” and lower the price of rental rates for the popular sport. The boom of padel in recent years has seen demand to play outweigh the supply of courts, despite the United Kingdom this year passing the 1,000 court threshold. [...]
Britain’s Ross Hutchins named CEO of International Tennis Federation August 4, 2025 The International Tennis Federation (ITF) has appointed former British tennis player Ross Hutchins as its new chief executive officer. Hutchins, 40, is currently ATP’s chief sporting officer and will start in his new role at the end of October 2025. He will succeed Kelly Fairweather, who earlier this year announced he would step down after [...]
Great Britain reaches 1,000 padel courts as sport booms July 17, 2025 Great Britain now has over 1,000 padel courts as the racket sport booms in popularity across the capital and beyond. The news comes as the sport looks to make a case for Olympic inclusion, while a Ryder Cup of padel is scheduled for 2026. London and the south east enjoy nearly a third of the [...]
Brisbane 2032 gets £1.6bn federal funding boost for Olympic venues July 4, 2025 The Australian federal government will contribute £1.6bn to Brisbane 2032 venue construction ahead of the Olympic Games in seven years. The federal help will leave the Queensland state government and private investors to cover the remaining £1.8bn required for the 2032 mega project. Over £500m will go towards a major new 60,000-capacity stadium in Brisbane’s [...]
Padel: 3,200 clubs built in 2024 as racket sport surges in popularity June 26, 2025 Over 3,000 padel clubs were built in 2024, according to a report that suggests padel is further surging in popularity. Around 3,200 clubs were constructed in 2024 along with over 7,000 courts added to the global padel surplus across the last 12 months, according to the Playtomic Global Padel Report 2025. That’s one club every [...]
How sport could shape Xi Jinping’s next five-year China plan June 25, 2025 It doesn’t feel like that long ago when the world was captivated by 2,008 drummers from China opening the Beijing Olympic Games in perfect harmony. But that was a different China in a different era, and the Sleeping Dragon has been in something of a comatose state since due to a number of factors including [...]