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Sport Business

  • Exclusive: SailGP to target teams in India and South Korea

    December 17, 2025

    SailGP will target teams in India and the Middle East and races in Hong Kong and Italy as the Formula 1 of sailing breaks the $200m revenue mark. Record attendances, including 20,000 at the UK leg, have driven record revenues in SailGP’s fifth season, with founder tech tycoon Larry Ellison able to scale back funding [...]

  • Starmer threatens Abramovich with court over £2.5bn Chelsea proceeds

    December 17, 2025

    Prime Minister Keir Starmer has vowed to take Roman Abramovich to court unless he hands over the £2.5bn proceeds from his sale of Chelsea FC to humanitarian causes in Ukraine. The huge windfall has been frozen in a UK bank account since May 2022, when the sanctioned Russian oligarch sold Chelsea to a US consortium [...]

  • Rugby league woes as Oldham RLFC faces winding-up by HMRC

    December 17, 2025

    Oldham RLFC, a club in rugby league’s Championship, was hit with formal legal action by the British tax authority this week, City PM can reveal. In the High Court system, HMRC filed a winding-up petition against Oldham Rugby League Football Club 1876 (Oldham RLFC) on Tuesday. A winding-up petition is a formal notice by a [...]

  • Murray-backed Hexagon Cup to become global padel series in deal with LIV Golf creator 54

    December 17, 2025

    The Hexagon Cup, the team-based padel competition backed by stars including Andy Murray and Rafael Nadal, is to expand into a global circuit, the Hexagon World Series. It will see multiple events take place around the world each year under the governance of the International Padel Federation, and aligned with the elite Premier Padel circuit [...]

  • Manchester City v Premier League battle set to drag on beyond season

    December 17, 2025

    Manchester City will face another lengthy wait to discover their punishment if they are found guilty of breaching the Premier League’s financial rules, as the much-anticipated verdict of the independent commission will be delivered in stages.  The initial judgement of the commission, which finished hearing the case 13 months ago, will only deal with matters [...]

  • World Cup: The rise of the armchair fan and why it matters

    December 16, 2025

    The row over the 2026 World Cup ticket prices is as predictable as a plucky, late-stage English exit. But the eyewatering price tags are only part of the story.  Without going into the economic principle of supply versus demand (the tickets will still sell out, in my opinion), I thought it was more interesting to [...]

  • Aussie Green reaches record IPL auction sale price

    December 16, 2025

    Australian Cameron Green has been sold for £2.1m at the Indian Premier League auction to become the most expensive overseas cricket player in history. The all-rounder will play for Ramandeep Singh’s Kolkata Knight Riders in the 2026 IPL competition having been purchased for 25.2 crore by the eastern team. The Kolkata Knight Riders, whose 2024 [...]

  • Premier League clubs count £1bn cost of injuries

    December 16, 2025

    Premier League clubs have forked out more than £1bn in wages to injured players across the last five years, a new study has found. Since the start of the 2020-21 season, 5,367 injuries in the English top flight have cost its clubs £1.2bn in salary payments – equivalent to a quarter of their matchday revenue [...]

  • Kylian Mbappe wins £53m payout from Paris Saint-Germain

    December 16, 2025

    Champions League holders Paris Saint-Germain have been ordered to pay Kylian Mbappe €60m (£53m) after he won a legal dispute over unpaid wages and bonuses.  Mbappe had been claiming €263m (£231m) from PSG, who counter-sued the France captain for €240m (£211m), following his acrimonious move to Real Madrid in summer 2024. A French labour court [...]

  • Leyton Orient hire firm behind world’s biggest stadium for new home

    December 16, 2025

    Leyton Orient have appointed Populous, the architects behind Wembley and the Tottenham Hotspur Stadium, to design their new home in East London. The third-tier club announced plans earlier this year to relocate from Brisbane Road to a new ground, which will be the centre of a multi-use development also featuring shops, restaurants and leisure facilities. [...]

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