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.
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”.
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 [...]
Government must close crown jewel loophole, new report says September 22, 2023 A new report has urged the government to close a loophole that could allow streaming services access to crown jewel sporting events. Crown jewel events are major sporting occasions that must be on free-to-air television, such as the Olympic Games and Fifa World Cup. A report from the Culture, Media and Sport committee, however, suggests [...]
‘We’d be open to anything’: Tottenham are for sale, says chairman Daniel Levy September 21, 2023 Tottenham Hotspur chairman Daniel Levy has invited takeover bids for the Premier League club by admitting he would be open to a sale.
Ed Warner: Lessons for sport from the soft drink industry September 21, 2023 Ed Warner on the lessons from the soft drink industry for sports tempted to tinker with their formats, the wisdom of analytics, and Everton's takeover.
Uefa says Paris Saint-Germain are not under investigation over sales to Qatari clubs September 19, 2023 Uefa says it is not currently investigating Paris Saint-Germain over the sale of three first-team players to Qatari clubs.
Why Goldman Sachs could soon be helping to sell your favourite sports team September 19, 2023 Goldman Sachs is betting on the flurry of investment in sports teams continuing by creating a dedicated global sports franchise division.