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Sport Business

  • Qatar’s Sheikh Jassim makes final takeover bid for Manchester United and sets deadline

    June 7, 2023

    Qatar’s Sheikh Jassim bin Hamad al-Thani has made a fifth, take-it-or-leave it offer for Manchester United in an attempt to break the deadlock over the club’s possible sale. Sheikh Jassim has given United owners the Glazers until Friday to accept his improved bid or he will walk away from the long-running negotiations. The move puts [...]

  • Legends Tour offering amateur golfers chance to live the life of a jet-setting pro

    June 6, 2023

    If you have ever day-dreamed at your desk of living the life of a professional golfer, then the Legends Tour has just the package for you. Travel to the Jersey Legends tournament by private jet, rub shoulders in the locker room with greats such as Ian Woosnam, and tee it up against them in a [...]

  • Ange management: Tottenham Hotspur confirm Postecoglou as new coach

    June 6, 2023

    Tottenham Hotspur have confirmed the appointment of treble-winning Celtic manager Ange Postecoglou as their new head coach. The 57-year-old, who has won league titles in his native Australia, Japan and Scotland, has signed a four-year contract. Postecoglou is the long-term replacement for Antonio Conte, who was sacked in March after just 16 months in charge. [...]

  • Apex Group lands $1m sponsorship deal with SailGP

    June 6, 2023

    Financial services provider Apex Group has agreed a three-year sponsorship deal with SailGP believed to be worth in excess of $1m, City PM can reveal. The deal, to be announced this week, will see Apex become the exclusive financial solutions partner for SailGP, which has just completed its third season. The sailing competition is backed [...]

  • Manchester City named world’s most valuable football club brand

    June 6, 2023

    Treble-chasing Manchester City have added another title – the world’s most valuable football club brand. City have received the accolade from leading brand consultancy Brand Finance, whose annual Football 50 list is published today. The Abu Dhabi-owned club have overtaken Real Madrid at the top of the rankings for the first time following their sustained [...]

  • London Irish must pay players TODAY or be kicked out of Premiership Rugby

    May 31, 2023

    Top-flight rugby club London Irish have been ordered to pay their players today or face expulsion from the Premiership. The Exiles were granted a 24-hour extension to settle May salaries by the Rugby Football Union amid delays to a possible takeover. The RFU is expected to announce this evening at around 7pm whether London Irish [...]

  • One in, one out at Chelsea as Jurasek named new CEO and Glick leaves after 10 months

    May 30, 2023

    Chelsea have confirmed the appointment of a new chief executive, Chris Jurasek, and the departure of president of business Tom Glick after just 10 months at the club. Jurasek has no high-level experience in sport but is a trusted lieutenant of Clearlake Capital, the US fund which bankrolled last year’s Todd Boehly-led takeover of the [...]

  • What is the cost of relegation from the Premier League?

    May 27, 2023

    The cost of relegation from the Premier League has been called “the biggest financial jeopardy in world football” and this weekend Everton, Leicester City and Leeds United will be locked in a battle to avoid it. Two of those three teams will drop out of the richest domestic competition in the sport and into the [...]

  • LaLiga attempts to keep sponsors onside amid Vinicius racism controversy

    May 25, 2023

    Under-fire LaLiga president Javier Tebas has approached sponsors in a bid to prevent them fleeing amid the Vinicius racism crisis engulfing Spanish football. Tebas has been criticised for his handling of racism in the stands and the Real Madrid star’s claim that LaLiga “belongs to racists” after repeated episodes of discrimination. LaLiga’s main sponsor is [...]

  • Parachute payments uncertainty clouds the future of football’s richest game

    May 25, 2023

    When Luton Town and Coventry City collide in Saturday’s Championship Play-Off Final there will be more than just glory at stake; both teams stand to make a minimum of £170m if they achieve promotion to the Premier League. It is a prize that has earned the traditional end-of-season fixture the tag of football’s richest game. [...]

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