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Sport Business

  • Red Bull diluted: Energy drink giant reduces stake in Leeds United

    May 21, 2025

    Red Bull’s stake in Leeds United has reduced to below 10 per cent after the German energy drinks company declined the opportunity to invest in the issue of £120m of new shares ahead of the club’s return to the Premier League.  The new funding has been provided by members of the 100-strong consortium of investors [...]

  • British Cycling rides sponsor high with addition of Nyetimber

    May 20, 2025

    British Cycling is riding a wave of sponsorship deals, most recently adding Nyetimber as its sparkling wine partner ahead of this year’s Tour of Britain events. The English sparkling wine stalwart joins the roster of sponsors under the British Cycling banner with the body having agreed a deal with Lloyds last year and various partnerships [...]

  • Fairway Capital and Investec shine at Alfred Dunhill Padel Classic

    May 20, 2025

    Hurlingham Club in west London enjoyed large crowds this month as the Alfred Dunhill Padel Classic saw Fairway Capital win the Team Championship and investment bank Investec win the Plate competition. The Fulham competition raised funds for Laureus Sport for Good, and saw the likes of Peter Crouch take part alongside Champions Cup rugby sponsors [...]

  • Draper calls on government to invest in tennis and padel

    May 20, 2025

    British No1 Jack Draper is among a number of tennis stars who have called on the Prime Minister Sir Keir Starmer to invest in court facilities. Draper joins the likes of Katie Boulter and Alfie Hewett in expressing concern over potential cuts of funding to tennis facilities, while demanding funds for “high quality community sports [...]

  • Champions Cup exclusive: YouTube to show Northampton vs Bordeaux final

    May 20, 2025

    Northampton Saints’ attempt to win the European Champions Cup for the first time in 25 years against Bordeaux on Saturday is set to be made available free-to-air throughout the UK on YouTube and Welsh broadcaster S4C.  City PM has learned that negotiations between UK rights holders Premier Sports and tournament organisers EPCR are at an [...]

  • Leicester City promotion hopes dented by fresh legal blow

    May 20, 2025

    Leicester City’s hopes of an immediate return to the Premier League have been dented after it was ruled that they could face a points deduction in the Championship next season. A tribunal agreed that top-flight chiefs did have the power to charge Leicester with breaches of spending rules in the 2023-24 season, despite them being [...]

  • London Spirit £144m sale nearly done, insists MCC chief

    May 20, 2025

    MCC chief executive Rob Lawson insists a £144m deal between a consortium of US tech heavyweights and the owners of Lord’s Cricket Ground for a 49 per cent stake in Hundred franchise London Spirit is just a “couple of weeks away from getting everything done”. It comes after the initial timeline for eight Hundred deals [...]

  • Arthur Ashe Stadium: World’s biggest tennis arena to get even bigger

    May 20, 2025

    The world’s biggest tennis arena, Arthur Ashe Stadium, is set for a major upgrade as part of an $800m (£600m) redevelopment of US Open venue Flushing Meadows. A $250m (£185m) state-of-the-art player performance centre to be named after pioneer Billie Jean King is the other main aspect of the project, which is due for completion [...]

  • Why CAS challenge may deliver seismic shock to sport

    May 20, 2025

    The Court of Arbitration for Sport (CAS) is seen as the final authority on legal disputes in law. But a challenge could change all of that. While English sports lawyers squabble over Profit and Sustainability Regulations, Associated Party Transactions, and the never-ending legal fog surrounding Manchester City – away from the headlines, a legal battle [...]

  • BBC on hunt for Fifa World Cup host after Lineker exit

    May 19, 2025

    The BBC are on the hunt for a new face for their 2026 Fifa World Cup coverage after Match Of The Day star Gary Lineker departed the broadcaster a year early. Lineker, the 64-year-old who was the BBC’s highest paid presenter, has apologised “unreservedly” for an Instagram video he shared about Zionism which included an [...]

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