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Sport Business

  • EXCLUSIVE: Six Nations unions and Netflix producers yet to agree level of access for documentary

    January 29, 2023

    Six Nations teams and producers of a new Netflix documentary about the Championship are yet to agree how much access will be granted just days before the opening matches, City PM understands. With the tournament kicking off in Cardiff and London on Saturday, questions still remain over how much intrusion will be allowed, with some [...]

  • Rugby MUST get off its moral high horse if it’s ever going to become global

    January 29, 2023

    It’s about time rugby got off its high horse about its so-called values. For too long the oval balled sport has claimed moral superiority over every challenger because fans are silent for opposition kicks and can drink in stands (really?!). But the truth is, rugby is as rotten as the rest and only a rebuild [...]

  • Australian Open prize money 2023: How much can tennis players win in Melbourne this weekend and how does it compare to other Grand Slam tournaments?

    January 27, 2023

    The Australian Open may be the first Grand Slam on the calendar, but it comes last of the four tennis majors for prize money. The men’s and women’s singles champions in Melbourne this weekend stand to receive AUD $2.98m, which equates to $2.08m or £1.67m at current exchange rates. That trails the £2m ($2.5m) Wimbledon [...]

  • Explained: Why replays are back in the 2022-23 FA Cup but face an uncertain future

    January 27, 2023

    FA Cup replays were one of the casualties of the pandemic but they are back in football’s oldest knockout competition in 2022-23.  The congested calendars caused by Covid-19 delays to English football’s normal schedule caused the Football Association to shelve replays in the last two seasons. Instead, all ties were decided on the day, going [...]

  • English football transfer spending tops £1.7bn in 2022

    January 26, 2023

    Clubs in England spent three times more than any other country on men’s international transfer business last year, Fifa data has revealed. A total of £1.78 was spent in transfers in 2022, over £1bn more than the second placed side Italy, who spent £543m. A total of 12.5 per cent of the total £5.24bn spent [...]

  • International Tennis Federation facing mounting questions over Davis Cup deal after Gerard Pique’s Kosmos group brings legal action

    January 26, 2023

    Former footballer Gerard Pique’s Kosmos investment group has heaped more pressure on the embattled International Tennis Federation by launching legal action over the early termination of their $3bn Davis Cup deal. The ITF ripped up the 25-year agreement after less than five years earlier this month in response to Kosmos asking to renegotiate the $120m-a-year [...]

  • Sponsors departing the England crease opens up chance for a new wave of commercial interest while the Test team are on a high

    January 26, 2023

    They say bad news comes in threes. For the England and Wales Cricket Board, the announcement last week that three of its major sponsors would not be renewing their deals looked on the surface like a significant challenge for its commercial team. Yet, for the nation’s second most popular sport, there are plenty of reasons [...]

  • World Rugby should be taking the lead on tackle heights, not following

    January 26, 2023

    It is the work of just a minute or two to create a petition on the Change.org website, to be one of the ‘people taking action’ whose signatures the public-benefit corporation claims to be turning into ‘victories every day’. Takes only a few seconds to add a signature to a petition.  By contrast, seven years [...]

  • Revealed: Chelsea owner’s plans to pump money into women’s tennis – and why some insiders are alarmed

    January 25, 2023

    Billionaire part-owner of Chelsea Mark Walter is the US businessman in talks with the International Tennis Federation over a controversial proposal to bring private investment to the Billie Jean King Cup, City PM has learned. We revealed yesterday that the ITF is close to agreeing a major new partnership with a US group to promote [...]

  • Billionaire Mark Walter: Who is he, what sports teams does he own and what is his net worth?

    January 25, 2023

    Mark Walter is a 63-year-old American businessman who’s chief executive of financial services firm Guggenheim Partners and a keen player in the world of sports team acquisitions. Walter, from Cedar Rapids in Iowa, may be best known to British sports fans due to his recent part-acquisition of a Premier League football club. He was part [...]

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