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Sport Business

  • Flutter market cap hits $51bn after latest FanDuel acquisition

    July 11, 2025

    Sportsbook operator FanDuel is set for a $31bn valuation after Flutter Entertainment struck an agreement to take complete control. The Irish-American gambling firm reached terms with Boyd Gaming to acquire the five per cent of FanDuel it does not already own. The deal will see the final five per cent be transferred to Flutter Entertainment [...]

  • LIV Golf’s Patrick Reed loses appeal in $750m defamation suit

    July 11, 2025

    LIV Golf’s Patrick Reed has lost an appeal in a $750m defamation suit relating to comments made about his move to the Saudi Arabia-backed league. The 34-year-old former Masters champion had initially said that comments – made by the Golf Channel, commentator Brandel Chamblee and others – after Reed chose to ditch the PGA Tour [...]

  • Exclusive: T100 triathlon Olympic proposal to be discussed

    July 11, 2025

    The possibility of the T100 Tour’s 100km triathlon format being added to future Olympic programmes will be publicly discussed by the sport’s chiefs for the first time today.  Currently, Olympic Games only feature triathlons that take place over around half that distance but there are hopes in the swim-bike-run world that long-distance races could be [...]

  • Andy Anson: British Olympic chief poached by London private equity firm

    July 10, 2025

    Knightsbridge-based private equity firm BD-Capital Partners has poached British Olympic Association CEO Andy Anson to join the board of its recently acquired performance nutrition brand Science In Sport. Former Manchester United and Walt Disney Company executive Anson will depart the BOA in October after six years as chief executive, during which time Team GB won [...]

  • Caster Semenya’s right to a fair hearing was violated, ECHR Grand Chamber rules

    July 10, 2025

    Caster Semenya’s right to a fair hearing was violated, according to an ECHR ruling today. But World Athletics is unlikely to change its rules in relation to Semenya despite the athlete winning a “partial victory” at the ECHR, a top legal expert has warned. Two-time Olympic gold medallist Semenya has been unable to compete in [...]

  • Coe to help Manchester United secure land for new Old Trafford

    July 10, 2025

    Lord Sebastian Coe has said he is “delighted” to be chairing the group that hopes to deliver Manchester United’s 100,000-seat new stadium. The club is looking to build a replacement for the iconic Old Trafford on land adjacent to the Theatre of Dreams in plans which, when completed, could see Manchester United host the 2035 [...]

  • Billionaire hedge fund investor Bill Ackman beaten in ATP Tour debut

    July 10, 2025

    Billionaire hedge fund investor Bill Ackman was beaten in straight sets as he made his ATP Tour debut. The 59-year-old chief executive of Pershing Square Capital Management lost 6-1 7-5 in the Hall of Fame Open doubles tournament in Rhode Island alongside his partner Jack Sock – a three-time grand slam winner. Ackman was entered [...]

  • Hawk-Eye complaints at Wimbledon? You cannot be serious!

    July 10, 2025

    Wimbledon’s Hawk-Eye controversies were human-made and technology’s role in refereeing sports will only grow, writes Ed Warner. In the chalk dust v Hawk-Eye battle there can only be one winner. Traditionalists may hanker after a Wimbledon of line judges, temper tantrums, smashed rackets and John McEnroe questioning the seriousness of the umpire but in tennis, [...]

  • Fans will end up paying for football regulator, Tories warn

    July 9, 2025

    Fans of clubs outside the Premier League should expect ticket price rises following the approval of a football regulator, Shadow Sport Minister Louie French has warned. The Championship, League One and League Two are all heavily loss-making but could face a bill of almost £50m towards the operation of the Independent Regulator for English Football.  [...]

  • Crystal Palace Europa League spot in doubt after Lyon decision

    July 9, 2025

    Crystal Palace’s place in the Europa League is in fresh doubt after French club Lyon won an appeal to stay in the top flight across the channel. The Eagles beat Manchester City in the FA Cup to qualify for the Europa League earlier this year, but John Textor – who is Palace’s largest shareholder – [...]

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