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Sport Business

  • MPs call for football regulator to be established by end of the year

    June 30, 2023

    A football regulator should be established in shadow form by the end of the year and given statutory powers before the next general election in order to prevent more clubs going out of business, MPs have said. The Culture, Media and Sport Committee also urged the Premier League and English Football League to thrash out [...]

  • Wimbledon chiefs beef up security in bid to prevent Just Stop Oil protests

    June 29, 2023

    Wimbledon organisers have beefed up security for next week’s Championships as they look to head off the threat of Just Stop Oil protesters. SW19 chiefs are on alert after the environmental activists this week sprinkled orange powder at Lord’s, where England’s Jonny Bairstow carried one protester off the pitch during the second Ashes Test. “The [...]

  • Ed Warner: When risk in sport is a smart choice

    June 29, 2023

    This week columnist Ed Warner looks at risk in sport and how sometimes, such as in Bazball in cricket, it can be the smartest choice. A team of sub-10 second sprinters can be beaten to 4x100m relay gold by a quartet who have never broken that magic barrier. The trick is risk management in the [...]

  • Bayern Munich end £17m-a-year Qatari sponsor deal following fan protests

    June 28, 2023

    Bayern Munich have ended a long-standing sponsorship relationship with Qatar following sustained protests from some supporters. Germany’s most successful football club have sported Qatar Airways’ logo on their shirt sleeves since 2018 in a deal reported to be worth around €20m (£17m) a year.  That replaced a similar sponsorship agreement with Doha Airport, while the [...]

  • Women’s tennis gets financial boost as WTA Tour pledges more equal prize money events

    June 27, 2023

    The WTA Tour has announced plans for a major increase in the number of tennis tournaments that will pay equal prize money to women and men. From 2027, at least seven WTA 1000 events, the most important tournaments outside of the Grand Slams, will offer equal prize money, the tour said.  By 2030, all 10 [...]

  • Manchester United forecast record revenues as fans protest Glazers’ stalling on a sale

    June 27, 2023

    Manchester United chiefs expect to achieve record revenues of up to £640m this year after raising their guidance for investors. United’s revenue for the three months to March 2023 increased 3.5 per cent on the same period last year to £481.1m.  It comes after the 20-time English champions enjoyed a return to form on the [...]

  • Stormzy and Wilfried Zaha team up to buy hometown football club Croydon Athletic

    June 27, 2023

    Rapper Stormzy and Crystal Palace star Wilfried Zaha have agreed to buy their hometown football club, AFC Croydon Athletic. Stormzy and Zaha are part of a three-man consortium, which also includes former Palace kit man Danny Young, that has exchanged contracts for a takeover with the current ownership. No financial details have been disclosed and [...]

  • Racism, elitism and sexism ‘entrenched’ in English cricket, damning report finds

    June 27, 2023

    Racism is entrenched in English cricket and other forms of discrimination are widespread and deep-rooted, according to a damning report by the Independent Commission for Equity in Cricket (ICEC) published today. Half of more than 4,000 respondents said they experienced discrimination, with women “marginalised and routinely experiencing sexism and misogyny”, and “little to no focus [...]

  • Explained: What changes to transfer and loan rules mean for Premier League clubs

    June 26, 2023

    Big clubs such as Chelsea and Manchester City are unlikely to return to hoarding top talent and farming them out on loan despite the relaxation of post-Brexit transfer red tape. Chelsea turned recruiting promising players, loaning them out and ultimately selling for a profit into a fine art in the later years of Roman Abramovich’s [...]

  • Ryan Reynolds joins Wrexham co-owner and RedBird in buying stake in F1 team Alpine

    June 26, 2023

    Hollywood star Ryan Reynolds and RedBird Capital Partners, which has a stake in Liverpool’s owners, have invested in Formula 1 team Alpine. Otro Capital, Reynolds’ Wrexham AFC co-owner Rob McElhenney and their fellow actor Michael B Jordan, who owns a stake in AFC Bournemouth have also invested. The €200m (£171m) cash injection is for 24 [...]

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