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Sport Business

  • Jude Bellingham signs for Real Madrid in potential English record transfer

    June 14, 2023

    Real Madrid have confirmed the signing of Jude Bellingham from Borussia Dortmund in what could become a record fee for an English player. The 19-year-old England midfielder is believed to be costing the Spanish champions an initial €103m (£88m). That fee could rise to as much as €133m (£113m), eclipsing the £100m Manchester City paid [...]

  • Under-fire golf boss Jay Monahan steps back from PGA Tour with ‘medical situation’

    June 14, 2023

    Under-fire PGA Tour chief Jay Monahan has stepped back from his duties with immediate effect after suffering a “medical situation”. No further details were provided by the organisation, which last week entered into a controversial agreement with Saudi Arabia’s Public Investment Fund to merge their interests, including the big-money LIV Golf circuit.  It comes on [...]

  • Worcester Warriors owners dealt blow as foundation severs ties, citing effort to “dispel unambiguously any connection whatsoever” with Atlas consortium

    June 14, 2023

    The Worcester Warriors Foundation is to move away from Sixways Stadium in an effort to “dispel unambiguously any connection whatsoever” with the club’s new owners Atlas. Atlas consortium, led by former chief executive Jim O’Toole and ex-professional player James Sandford, purchased former Premiership club Worcester Warriors after it fell into administration in the early part [...]

  • Kylian Mbappe puts ball back in Paris Saint-Germain court over summer sale

    June 13, 2023

    Kylian Mbappe has insisted he does not want to leave Paris Saint-Germain this summer, despite indicating that he will not take up the option to extend his current contract. Mbappe’s stance places additional pressure on PSG to sell the World Cup-winning France forward in the coming weeks – or risk losing him for nothing next [...]

  • Everton CEO departure hints at takeover deal edging towards conclusion

    June 12, 2023

    Premier League club Everton have announced the departure of their chief executive Denise Barrett-Baxendale along with a number of other off-field members of staff. The Toffees’ chief finance and strategy officer Grant Ingles and non-executive director and ex-player Graeme Sharp have also left their roles. It comes after a difficult season at Everton with the [...]

  • Women’s Super League revenues grow by 60 per cent as teams head for sustainability

    June 12, 2023

    Women’s Super League clubs are on a path to sustainability after growing revenues by 60 per cent in a year. WSL teams’ collective income swelled from £20m to £32m in 2021-22, according to analysis by Deloitte published today. And it is expected to have enjoyed another substantial uplift this season as WSL attendances grew by [...]

  • Let down, neglected and deflated: The thoughts of London Irish fans

    June 10, 2023

    This week Premiership Rugby lost its third club inside one season when London Irish failed to prove they’d last for another financial year.  And with a mixture of sadness, pain, anger and desire for change, fans have spoken to City PM about the experience of losing their club. “Right now I feel numb. I doubt [...]

  • French Open prize money 2023: Payouts return to pre-Covid levels for first time

    June 9, 2023

    The winners of the French Open will receive as much prize money as they did before the Covid-19 pandemic for the first time this year. The men’s and women’s singles champions crowned this weekend in Paris are in line to earn €2.3m (£1.96m / $2.48m) – the same amount paid to the 2019 winners of [...]

  • Williams sisters buy team in Woods and McIlroy’s golf league

    June 8, 2023

    Serena and Venus Williams have bought the first of six teams in the golf league backed by Tiger Woods and Rory McIlroy. The tennis stars have linked up with the 23-time Grand Slam legend’s husband Alexis Ohanian to purchase “Los Angeles Golf Club”. “I like betting big – and betting early – on things in sports,” [...]

  • Lionel Messi tipped to make Inter Miami worth $1bn and be MLS ‘game-changer’

    June 8, 2023

    Lionel Messi’s impending transfer to Inter Miami has been hailed as “a game-changer for Major League Soccer” that will make the US franchise worth more than $1bn. Messi announced on Wednesday night that he has chosen to join Miami over offers from Saudi Arabia and former club Barcelona after leaving Paris Saint-Germain. His superstar power [...]

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