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Sport Business

  • Couhig buys Reading from Yongge after EFL approval

    May 14, 2025

    Troubled League One club Reading FC have finally been taken over by former Wycombe owner Rob Couhig’s Redwood Holdings after the EFL cleared the 100 per cent acquisition. The deal will see the Dogwood LLC subsidiary take control of the football club, which was plagued with financial issues under former owner Dai Yongge, as well [...]

  • Dan Ashworth: FA hand former Man Utd director lifeline with new role

    May 14, 2025

    The Football Association has confirmed that it has re-hired Dan Ashworth, five months after he was sacked as Manchester United sporting director by Sir Jim Ratcliffe. Ashworth, who was previously the FA’s director of elite development and then technical director between 2013 and 2019, has taken up the newly created role of chief football officer. [...]

  • Roc Nation boss exclusive: Rugby chiefs need to get comfortable with change

    May 14, 2025

    The president of Jay-Z’s agency Roc Nation Sports Michael Yormark has said rugby’s stakeholders need to get “comfortable being uncomfortable with change” as the sport looks to commercialise after a turbulent period. Yormark, speaking at the group’s inaugural Champions of Marketing event, told City PM that sometimes sports are “so married to history” that they’re [...]

  • Crystal Palace face FA Cup final amid boardroom battles and upheaval

    May 14, 2025

    Crystal Palace’s preparations for Saturday’s FA Cup final have been taking place against a backdrop of more discord in the boardroom.  The club’s biggest shareholder John Textor has made renewed attempts to purchase the combined 36 per cent stake of fellow American investors, Josh Harris and David Blitzer, with the timing of his latest approach [...]

  • Everton Women to inherit Goodison Park next season

    May 13, 2025

    Goodison Park is to become the home of Everton Women after the men’s team relocates to its new stadium at Bramley-Moore Dock this summer.  It follows a review by Everton’s owners, The Friedkin Group, into what to do with the stadium, which has been the club’s home for more than 130 years. The 39,000-capacity venue [...]

  • Manchester United swap trophy parade for BBQ if they win Europa League

    May 13, 2025

    Manchester United are not planning a trophy parade if they win the Europa League final against Tottenham Hotspur next week. The club, run by British billionaire Sir Jim Ratcliffe, could put some gloss on a difficult season by beating Spurs and claiming a Champions League place on 21 May in Bilbao. But even if they [...]

  • Harry Kane-backed Reflo partners Forest Green Rovers ahead of funding round

    May 13, 2025

    British sustainable sportswear brand Reflo will today partner with football club Forest Green Rovers ahead of a multi-million pound funding round. Reflo – which boasts deals with Harry Kane, Luton Town and three Formula E teams – will partner with the Dale Vince-owned National League play-off team on a four-year deal that will see kits [...]

  • London Lions CEO Lenz Balan: ‘I’ve made mistakes. I’m doing all I can to give back’

    May 13, 2025

    It would have been little surprise if last summer proved the last that British basketball heard of Lenz Balan and the London Lions.  CEO Balan was a vice-president at former owner 777 Partners, whose now notorious collapse led to the club falling into administration and the league going bust almost a year ago and, for [...]

  • Fifa president Infantino set for Middle East trip alongside Trump

    May 13, 2025

    Fifa president Gianni Infantino is set to touch down in Saudi Arabia today as he joins President Donald Trump in the Middle East. The football chief will, as a result, not be present in person for a number of key Fifa meetings in Paraguay ahead of the body’s congress, which begins on Thursday.  Infantino, who [...]

  • Nearly $200m spent by online trading brands on sport sponsorship this season

    May 12, 2025

    Online trading brand sponsorship in sport has edged towards $200m, industry research released on Monday morning suggests. A total of $183m was spent across sport during the 2024/25 sporting season, according to SportQuake’s newest Marketplaces report. Robinhood, Swissquote and eToro rank as the largest three sport sponsorship spenders while 20 different sports are represented across [...]

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