CVC Capital Partners’ cricket franchise Gujarat Titans win Indian Premier League May 30, 2022 Gujarat Titans, the cricket franchise owned by private equity firm CVC Capital Partners, won the Indian Premier League at their first attempt on Sunday. Gujarat beat Rajasthan Royals, who feature big-hitting England batter Jos Buttler, by seven wickets in a final played in front of more than 100,000 fans in Ahmedabad. CVC won a bidding [...]
Rising wages tip Manchester United to £27.7m Q3 loss despite post-pandemic revenue recovery May 26, 2022 Manchester United made a loss of £27.7m for the three months up to the end of March, a 53 per cent increase on the same period last year, due to rising wages and unfavourable exchange rates. Revenue was up 29 per cent to £152.8m, largely due to the return of supporters to Old Trafford following [...]
Kylian Mbappe: Why Paris Saint-Germain believe star’s new €105m contract will pay for itself May 22, 2022 Paris Saint-Germain believe Kylian Mbappe’s lucrative new €105m contract, which helped to keep him out of the clutches of Real Madrid, will pay for itself. Mbappe signed a new three-year deal with PSG on Saturday worth around €35m a year, putting the 23-year-old France forward in the same pay bracket as team-mate Lionel Messi. It [...]
Chelsea directors Buck and Granovskaia set to share in £50m takeover bonus pool May 18, 2022 Chelsea directors including chairman Bruce Buck and Marina Granovskaia are set to receive multimillion pound bonuses once the sale of the club is completed, according to reports. Buck and Granovskaia will share in £50m once a consortium led by Todd Boehly, part-owner of the LA Dodgers baseball team, complete its takeover, according to The Times. [...]
Derby County takeover: Buyer Chris Kirchner exchanges contracts on deal for football club May 17, 2022 Prospective Derby County owner Chris Kirchner says he has exchanged contracts on a takeover of the football club. Kirchner has been locked in talks for months with administrators, stadium owner Mel Morris and the English Football League over a deal. If completed, the transaction would bring to an end the crisis at one of the [...]
Aramco Team Series: Belgium’s Manon De Roey breaks Ladies European Tour duck in Bangkok May 15, 2022 Belgium’s Manon de Roey has had to be patient, but her maiden win on the Ladies’ European Tour was worth the wait. The 30-year-old, who first joined the tour in 2016, broke her duck in style by winning the individual title at the first $1m Aramco Team Series event of the season in Bangkok on [...]
Major League Baseball to consider increasing number of London games to three or four May 13, 2022 Major League Baseball could increase the number of games per season that it stages in London after it stepped up its commitment to the capital. MLB made its UK debut in 2019 with a double header at the London Stadium that the competition’s chiefs deemed a great success. It confirmed this week that it is [...]
LIV Golf will pay fines and legal costs for players who defy tours, says boss Greg Norman May 11, 2022 Greg Norman says LIV Golf will ensure players are not financially penalised if they defy the main men’s tours and play in the new series of big-money tournaments. Norman, the chief executive and commissioner of Saudi-backed LIV Golf, has pledged to cover any fines that players incur and fund legal action to repeal any bans [...]
LIV Golf boss Greg Norman blasts PGA Tour for refusing to release players for London event May 11, 2022 Greg Norman, the head of the big-money LIV Golf Invitational Series, has criticised the PGA Tour for refusing to release its players for the inaugural event in London next month. England’s Lee Westwood and six-time major winner Phil Mickelson are among the stars to have asked to be released by the PGA Tour, which said [...]
Alexandra Armas interview: Ladies European Tour chief on Aramco Team Series, growing prize money and selling women’s golf May 10, 2022 Alexandra Armas, the former golfer now running the Ladies European Tour, concedes she feels mixed emotions as the season prepares to go up a notch in Thailand this week. There is satisfaction that this campaign will be the biggest and most lucrative yet in the tour’s history, with 34 events on a schedule that takes [...]