Djokovic co-founded player group seeks $1bn backing for new tennis tour Sport Business The lobby group co-founded by Novak Djokovic, the Professional Tennis Players Association, is seeking up to $1bn in investment to back its proposed shake-up of the professional circuit. According to multiple reports, the PTPA has contacted more than 20 banks and financial advisory firms to drum up support for its vision, which includes a new [...]
SA20 future in doubt as Big Bash sale process squeezes cricket investment Sport Business The SA20 franchise tournament is facing an uncertain financial future amid the threat of fresh competition for funding from Cricket Australia’s Big Bash, which is preparing to sell off stakes in its franchises to private investors later this year. All six SA20 franchises are owned by Indian Premier League teams, many of whom have expressed [...]
Tennis shines a light on new competition law battleground in sport Sport Business Does the tennis court situation prove that communication is always the answer, asks Thorndon Partners co-founder Charles McKeon. The problem with trying to shut down a conversation is that it often has the opposite effect. That’s a lesson the governing bodies of tennis may be learning the hard way. Public and private communications between players [...]
Tennis: Djokovic, Kyrgios and others sue ATP and WTA Tours March 18, 2025 Novak Djokovic, Nick Kyrgios and other tennis stars are suing the ATP and WTA Tours, as well as the International Tennis Federation, in multiple jurisdictions. The striking move comes as part of a wider claim from the Professional Tennis Players Association, the organisation set up by 24-time Grand Slam winner Djokovic in conjunction with former [...]
