Dynasty Equity: Year-old US sport investment firm buys into Liverpool FC September 28, 2023 Newly-founded US sports investment firm Dynasty Equity has bought a minority stake in Liverpool Football Club.
Poland confirms bid to host Olympic Games for first time – but faces major rival September 28, 2023 Poland will bid to host the Olympic Games for the first time in 2036 after president Andrzej Duda announced its intention to nominate Warsaw. The country has never staged either the Summer or Winter Games but successfully hosted the smaller regional version, the European Games, this year. Poland faces competition from other bidders including Mexico, [...]
Championship Rugby chair slams RFU over response to Jersey downfall September 28, 2023 Simon Halliday, chairman of Championship Rugby, has slammed the RFU over their response to the downfall of Jersey Reds, after the defending champions ceased trading. “The message is that persistent uncertainly over central financial support has made it impossible for them to carry on. “In essence, they have said: if the governing body won;t commit [...]
Ed Warner: Is Saudi’s goal of using sport to boost GDP by 1.5 per cent achievable? September 28, 2023 John Maynard Keynes argued for government spending – any spending – to stimulate economies in recession, even paying people to dig holes and then fill them up again, given the multiplier effect when they spend their wages. Saudi Arabia may not be facing such an economic challenge, but the sports investments pursued by its Crown [...]
ATP and WTA Tours take first step towards joining businesses in talks with CVC September 27, 2023 The men’s and women’s tennis tours have taken the first steps towards combining their businesses in a move pushed by CVC Capital Partners.
‘Shambles’: FA forced into ’embarrassing’ 11th hour delay to cap on football agent fees September 27, 2023 The Football Association has been forced into postponing a cap on agents’ fees in an 11th hour move labelled “embarrassing” and “a shambles”.
Rugby World Cup matches could soon be locked behind paywall September 26, 2023 Rugby World Cup matches could be locked behind a paywall, with the next tournament in 2027 set for dramatic changes in how it is broadcast and staged. Whereas the Fifa World Cup in its entirety must be on free-to-air television due to being on the UK government’s protected list of “crown jewels”, only the Rugby [...]
Smart ticketing, global sponsors and DJ Khaled: How Ryder Cup became big business September 26, 2023 Luke Donald and DJ Khaled are not obvious bedfellows; one the home counties-born epitome of golfing restraint who captains Europe at this week’s Ryder Cup in Rome, the other a Grammy-award winning hip-hop DJ and producer more accustomed to making hits for rappers such as Kanye West, Snoop Dogg, Megan Thee Stallion and T-Pain. Yet [...]
English cricket to get independent regulator in response to discrimination problems September 25, 2023 English cricket will introduce an independent regulator in response to a damning report that found discrimination was entrenched in the game.
Dazn hits back at MP plans to close free-to-air sport loophole September 25, 2023 Calls from politicians to stop streaming platforms from bidding to show major sporting events have been slammed as “very narrow-minded and anti-competitive”. Sports streaming giant Dazn, best known for showing high-profile boxing matches, has hit out at recent recommendations by a group of MPs to stop streaming platforms from bidding for “crown jewel” sporting events. Crown jewel [...]