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Sport business

  • Saudi Arabia leads way as 2034 World Cup earmarked for Asia or Oceania

    Bid confirmed

    Saudi Arabia appears to be in pole position to host the 2034 World Cup of men’s football for the first time after the country confirmed its bid. It came after governing body Fifa approved an unprecedented proposal to divide the 2030 tournament between six countries in three continents. To mark the centenary of the first [...]

  • Taxman doubles amount of unpaid tax recovered from UK football clubs

    £125m

    HMRC more than doubled the amount of unpaid tax that it recovered from UK football clubs in the past year as part of a crackdown on the sport. 

  • Women’s Super League: Rivals spend big on transfers to challenge Chelsea’s dominance

    The Women’s Super League returns this weekend after a record-breaking summer of transfer spending by some of England’s biggest clubs.

  • Dynasty Equity: Year-old US sport investment firm buys into Liverpool FC

    September 28, 2023

    Newly-founded US sports investment firm Dynasty Equity has bought a minority stake in Liverpool Football Club.

  • Poland confirms bid to host Olympic Games for first time – but faces major rival

    September 28, 2023

    Poland will bid to host the Olympic Games for the first time in 2036 after president Andrzej Duda announced its intention to nominate Warsaw. The country has never staged either the Summer or Winter Games but successfully hosted the smaller regional version, the European Games, this year. Poland faces competition from other bidders including Mexico, [...]

  • Ed Warner: Is Saudi’s goal of using sport to boost GDP by 1.5 per cent achievable?

    September 28, 2023

    John Maynard Keynes argued for government spending – any spending – to stimulate economies in recession, even paying people to dig holes and then fill them up again, given the multiplier effect when they spend their wages. Saudi Arabia may not be facing such an economic challenge, but the sports investments pursued by its Crown [...]

  • ATP and WTA Tours take first step towards joining businesses in talks with CVC

    September 27, 2023

    The men’s and women’s tennis tours have taken the first steps towards combining their businesses in a move pushed by CVC Capital Partners.

  • ‘Shambles’: FA forced into ’embarrassing’ 11th hour delay to cap on football agent fees

    September 27, 2023

    The Football Association has been forced into postponing a cap on agents’ fees in an 11th hour move labelled “embarrassing” and “a shambles”.

  • Smart ticketing, global sponsors and DJ Khaled: How Ryder Cup became big business

    September 26, 2023

    Luke Donald and DJ Khaled are not obvious bedfellows; one the home counties-born epitome of golfing restraint who captains Europe at this week’s Ryder Cup in Rome, the other a Grammy-award winning hip-hop DJ and producer more accustomed to making hits for rappers such as Kanye West, Snoop Dogg, Megan Thee Stallion and T-Pain.  Yet [...]

  • English cricket to get independent regulator in response to discrimination problems

    September 25, 2023

    English cricket will introduce an independent regulator in response to a damning report that found discrimination was entrenched in the game.

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