UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Ed Warner: Forget WrestleMania, Super Bowl or the Olympics – London mayor should seek hefty portfolio of sporting events
Premier League’s first NFT partnership explained: Inside the £120m deal with Sorare January 30, 2023 The Premier League has taken its first step into the NFT market by agreeing a deal with fantasy gaming and digital collectible platform Sorare. After more than a year of deliberations, English football’s top division has signed a four-year contract worth around £30m annually which includes an option to take equity in the French company. [...]
Brighton told to reject January transfer window bids for Moises Caicedo from Arsenal and Chelsea January 29, 2023 Brighton manager Roberto De Zerbi urged the club to resist late offers for £80m-rated Arsenal and Chelsea target Moises Caicedo before Tuesday’s transfer deadline after dumping Liverpool out of the FA Cup on Sunday. The Seagulls came from a goal down to beat Jurgen Klopp’s team for the second time in a month, with Koaru [...]
Australian Open prize money 2023: How much can tennis players win in Melbourne this weekend and how does it compare to other Grand Slam tournaments? January 27, 2023 The Australian Open may be the first Grand Slam on the calendar, but it comes last of the four tennis majors for prize money. The men’s and women’s singles champions in Melbourne this weekend stand to receive AUD $2.98m, which equates to $2.08m or £1.67m at current exchange rates. That trails the £2m ($2.5m) Wimbledon [...]
Explained: Why replays are back in the 2022-23 FA Cup but face an uncertain future January 27, 2023 FA Cup replays were one of the casualties of the pandemic but they are back in football’s oldest knockout competition in 2022-23. The congested calendars caused by Covid-19 delays to English football’s normal schedule caused the Football Association to shelve replays in the last two seasons. Instead, all ties were decided on the day, going [...]
International Tennis Federation facing mounting questions over Davis Cup deal after Gerard Pique’s Kosmos group brings legal action January 26, 2023 Former footballer Gerard Pique’s Kosmos investment group has heaped more pressure on the embattled International Tennis Federation by launching legal action over the early termination of their $3bn Davis Cup deal. The ITF ripped up the 25-year agreement after less than five years earlier this month in response to Kosmos asking to renegotiate the $120m-a-year [...]
Revealed: Chelsea owner’s plans to pump money into women’s tennis – and why some insiders are alarmed January 25, 2023 Billionaire part-owner of Chelsea Mark Walter is the US businessman in talks with the International Tennis Federation over a controversial proposal to bring private investment to the Billie Jean King Cup, City A.M. has learned. We revealed yesterday that the ITF is close to agreeing a major new partnership with a US group to promote [...]
Manchester United and Liverpool fans put rivalry aside to call for government action over club sales January 25, 2023 Rival supporters from Manchester United and Liverpool have set aside their differences to demand that the UK government toughens up rules on club ownership before an independent football regulator is established. The Manchester United Supporters Trust (MUST) and the Liverpool-affiliated Spirit Of Shankly (SOS) want urgent action since both clubs could soon have new owners [...]
‘We are close to a deal’: Everton owner Farhad Moshiri responds to reports the Premier League club is up for sale January 25, 2023 Everton owner Farhad Moshiri says he is close to securing investment in the struggling Premier League club but insists he is not seeking a full sale. Fan unrest has grown as the Toffees have slipped into the relegation zone, costing manager Frank Lampard his job earlier this week. And the board have also been hit [...]
Chelsea, £400m of signings, long contracts and Financial Fair Play: Key questions answered January 21, 2023 Chelsea have raised eyebrows by spending close to £400m since Todd Boehly’s consortium bought the club last summer, including more than £100m in the January transfer window, but has it left the Premier League club in danger of breaking Financial Fair Play (FFP) rules? Why have they been signing players to unusually long contracts? And [...]
Newcastle United: Financial boost from Saudi takeover revealed in Deloitte Football Money League 2023 January 19, 2023 Newcastle United’s financial transformation under Saudi ownership is highlighted by their return to the Deloitte Football Money League, a ranking of the world’s richest football clubs. The Magpies returned to the top 20 for the first time in four years last season, following their takeover by a consortium led by Saudi Arabia’s Public Investment Fund. [...]