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Sport Business

  • Financial Fair Play is not about making football more competitive, says one of the executives behind the new rules

    September 7, 2021

    Proposed changes to European football’s Financial Fair Play (FFP) rules will not address concerns about competitive balance, says one of the executives involved. New regulations involving a salary cap and luxury tax are set to replace the current, 10-year-old framework, which is loosely based on breaking even. Economists and legal experts have warned that the [...]

  • European Club Association boss Al-Khelaifi promises loan fund for clubs hit by pandemic, Financial Fair Play shake-up and Uefa joint venture

    September 6, 2021

    Nasser Al-Khelaifi, the chairman of the European Club Association, has outlined a series of measures that he says will bring “urgent financial stability” to the game across the continent. Al-Khelaifi, also the president of Paris Saint-Germain and chairman of the beIN Media Group, promised a multi-billion Euro loan facility and new Financial Fair Play rules [...]

  • Oarsome: Emma Wiggs paddles to canoe glory as Britain grabs three more gold medals at Tokyo 2020 Paralympics

    September 3, 2021

    Canoeist Emma Wiggs won the first gold of a potential Tokyo 2020 double as Britain passed 100 medals on day 10 of the Paralympics. Wiggs, who won the KL2 kayak event at Rio 2016, landed gold in the first ever women’s VL2 competition at the Paralympics. The 41-year-old, who has nerve damage in her legs, [...]

  • West Ham United and the London Stadium have been good for each other – legacy chiefs should do a new deal to give the club more control

    September 2, 2021

    This isn’t the article I expected to write; I went back to the London Stadium to bury it not to praise it. Instead, I came away with a deeper understanding of just what a valuable asset West Ham United Football Club has become. Nine years on from London 2012 and four from the World Athletics [...]

  • Dame Sarah Storey wins 17th gold medal to become Britain’s most successful Paralympian at Tokyo 2020

    September 2, 2021

    Dame Sarah Storey became the most successful British Paralympian of all time with a hard-fought victory in the C4-5 road race at Tokyo 2020 today. The swimmer-turned-cyclist, who was born without a functioning left hand, won her 17th Paralympic gold medal, and her third of these Games, at Fuji Speedway. “I couldn’t have imagined going [...]

  • Premier League summer spending falls to 2015 levels as clubs seek value in football’s post-Covid transfer market

    September 1, 2021

    Premier League clubs cut their summer transfer spending to the lowest level since 2015 in response to the pandemic. Gross spending by England’s top-flight teams in the summer window, which closed last night, fell 11 per cent to £1.1bn, according to analysis by Deloitte. Net spending was down 38 per cent to £560m, and both [...]

  • DAZN to quadruple prices for UK subscribers weeks after luring boxing promoter Matchroom from Sky in £100m deal

    August 31, 2021

    Sports streaming service DAZN has announced a four-fold increase in its monthly subscription fee for UK users. The platform will increase in price to £7.99 per month from the end of September, it told customers today. DAZN, which owns premium boxing rights, launched in the UK at an introductory price of £1.99 eight months ago. [...]

  • Dame Sarah Storey equals British record for most Paralympic gold medals with 16th triumph in time trial at Tokyo 2020

    August 31, 2021

    Dame Sarah Storey won a British record-equalling 16th Paralympic gold medal today at Tokyo 2020. Cyclist Storey, 43, successfully defended her women’s C5 time trial title to match former swimmer Mike Kenny’s tally. It was her second gold of the Tokyo Paralympics; she has a chance to win a third and surpass Kenny in the [...]

  • A brief history of cryptocurrency in football – and how blockchain technology might shape our experience of the game in future

    August 30, 2021

    Bitcoin and cryptocurrency have reimagined finance and money as concepts.  Now more than ever, however, blockchain technology and, more specifically, NFTs and tokens are disrupting everything else. And that includes human culture.  NFTs especially have captivated millions of people around the world. This is because we, as humans, have an innate desire to collect and [...]

  • Kadeena Cox completes first leg of dual-sport Paralympic title defences with world record performance in Tokyo 2020 velodrome

    August 27, 2021

    Multi-sport Paralympic champion Kadeena Cox set a new world record as the Briton defended her track cycling C4-5 500m time trial crown today at Tokyo 2020. Cox, who is also the reigning T38 400m champion in athletics, beat Canada’s Kate O’Brien in the final to claim ParalympicsGB’s ninth medal in the Izu Velodrome. “I knew [...]

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