Tsunami of takeovers in sports swells deal values by record 433 per cent with private equity leading the pack October 11, 2022 The value of M&A and major stake-building in the sports industry has increased 433 per cent in the last year, rising from £1.8bn last year to £9.6bn this year, according to fresh data shared with Morning Wire this morning. As more private equity, sovereign wealth funds and other institutional investors pursue deals in the sports [...]
Ralph Hasenhuttl on thin ice as Southampton head to free-scoring Manchester City October 6, 2022 The irony will probably not be lost on Ralph Hasenhuttl if his last match in charge of Southampton proves to be Saturday’s trip to Manchester City. The Premier League champions are the team that Saints’ new regime has looked to more than any other in recent months as it has sought to shake up the [...]
Dustin Johnson could bank record $22m prize money at LIV Golf event in Bangkok October 6, 2022 A row over world ranking points may be dominating the agenda ahead of this weekend’s LIV Golf Invitational in Bangkok but by the end of it all the talk could be about Dustin Johnson and the biggest prize money payout in the history of the sport. Johnson stands to bank $22m (£20m) in total if [...]
Emily Pedersen on the Aramco Team Series and her dream of achieving pay parity in golf October 5, 2022 Emily Pedersen discusses the growth of women’s golf, her hope of seeing prize money parity in the sport in the near future, and the Aramco Team Series. Emily Pedersen has been one of the shining lights of European golf in recent years and the Dane is optimistic that the future looks bright both for her [...]
Hummel’s Denmark kit, the Qatar World Cup and what it means for sport sponsorship October 4, 2022 Sports industry expert Ben Peppi assesses Hummel’s controversial new Denmark kit for this year’s Qatar World Cup and what the ramifications may be for future sponsorships and commercial deals. The domino effect is in full motion. It started last summer when Cristiano Ronaldo advised people to “drink water” after removing two Coca-Cola bottles from view [...]
Michael Doughty: Hylo Athletics founder on quitting football and ‘Patagonising Nike’ October 3, 2022 Former Premier League footballer Michael Doughty tells Frank Dalleres why he walked away from the game to set up sustainable sportswear brand Hylo Athletics. The longer that Michael Doughty’s playing career went on, the harder he found it to ignore the effects of climate change. “I saw way more games called off, way more training [...]
Record crowds show women’s football is ready for bigger stadia, says WSL chair September 28, 2022 Women’s football is ready to move to bigger stadia as it redoubles efforts to become profitable, says Women’s Super League chair Dawn Airey, after the sport saw a series of record-breaking crowds. Last week’s new WSL high of 47,000 spectators for Arsenal’s north London derby with Tottenham Hotspur followed the Women’s Euro 2021 final attracting [...]
Sports streaming platform DAZN acquires ELEVEN Group September 27, 2022 Global sports streaming service Dazn has acquired Eleven Sports, making it the biggest football rights holder in Europe. Dazn Chairman Kevin Mayer described the deal as a “major moment” for the company because it will allow them to progress with their ambition to become a “daily destination for sports fans” globally. “It’s a win, win, [...]
Is running the new golf? Why TCS has become title sponsor of the London Marathon September 27, 2022 For four decades the London Marathon has had a consumer-facing brand as its title sponsor, from Gillette and Mars in the 1980s to the more recent Flora and Virgin Money. But that will change on Sunday, the first race of its rebranding as the TCS London Marathon as part of a six-year contract with the [...]
Ronaldo signing pushes Manchester United to record financial loss of £115.5m September 22, 2022 Manchester United suffered their worst ever financial loss last year despite revenues rallying as supporters returned to stadiums following the pandemic. United made a loss of £115.5m for the year ending June 2022, a further deterioration on the previous season’s record £92.2m loss. Revenue increased 18 per cent to £583.2m thanks to the return of [...]