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Sports money

  • Tottenham could face Premier League quiz after Joe Lewis insider trading arrest

    July 26, 2023

    Tottenham Hotspur could face questions from the Premier League and Uefa after former owner Joe Lewis was arrested in the US on more than a dozen insider trading charges. The Bahamas-based British billionaire, 86, is due to appear in court on Wednesday after being charged with 16 counts of securities fraud and three counts of [...]

  • Bloomsbury Football: Why Nike and Kier Starmer love London ‘coaching for all’ charity

    July 26, 2023

    Bloomsbury Football founder and CEO Charlie Hyman on the London-focused charity’s rapid rise, attracting support from Nike and Kier Starmer, and their plans for further expansion. Charlie Hyman was still a schoolboy when he got his first taste of football coaching, collecting cones for his younger brother’s team in a local park. “I thought I [...]

  • England footballers probed by advertising watchdog over promotion of Supreme CBD

    July 25, 2023

    Three former England footballers are the subject of investigation by the Advertising Standards Authority over their promotion of CBD products. Ex-internationals Paul Merson, Chris Kirkland and Alan Thompson have collectively posted almost 200 tweets about the Supreme CBD brand. The CAP Code, which applies to influencer marketing, requires anyone promoting a brand on social media [...]

  • HSBC and other sponsors not to blame for Emma Raducanu’s decline, insists agent

    July 25, 2023

    Emma Raducanu’s agent has rejected suggestions that a swathe of money-spinning sponsorships including HSBC and Vodafone have held her back since her sensational 2021 US Open triumph. The British tennis player’s Grand Slam title brought her a swathe of deals with brands also including Dior, Porsche, British Airways and Nike which earned her £22m last [...]

  • Kylian Mbappe: Paris Saint-Germain accept world record £259m bid from Al-Hilal

    July 24, 2023

    Saudi Pro League side Al-Hilal have kicked off a transfer scramble for Kylian Mbappe by tabling a package worth €1bn (£865m) for the France and Paris Saint-Germain striker. PSG accepted Al-Hilal’s offer, which  includes a potential world record transfer fee of €300m (£259m) and a contract worth €700m (£605m) a year for Mbappe. The 24-year-old [...]

  • Bring Commonwealth Games to London, says capital business body

    July 23, 2023

    London is the “ideal city” to host the 2026 Commonwealth Games, a top business lobby body has said. The £3.5bn, 12-day event was meant to be held in the Australian state of Victoria but premier Daniel Andrews confirmed the region had pulled out after costs tripled. Mayor of London Sadiq Khan has said London “stands [...]

  • Open prize money: How much do golfers get for winning the world’s oldest major?

    July 22, 2023

    Good news for golfers teeing it up at Royal Liverpool this week: Open prize money is up to record levels. For the sixth year in a row, organisers the R&A have increased both the total prize pot and the winner’s payout. In fact, both have more than doubled in a decade since Phil Mickelson lifted [...]

  • Ed Warner: I found a solution to cricket’s privilege problem in the South Downs

    July 20, 2023

    Cricket can tackle its elitism problem by supporting initiatives take the sport to new audiences such as disadvantaged kids, says Ed Warner. Back in my investment banking days, I was responsible from across the Atlantic for a US research department. Every time I headed for JFK after a visit to my team of analysts I [...]

  • Golf’s Open chiefs change tack on Saudi sponsorship following LIV-PGA deal

    July 19, 2023

    Open Championship chiefs have admitted they would consider sponsorship from Saudi Arabia’s Public Investment Fund despite previously criticising its impact on the sport through LIV Golf. On the eve of last year’s tournament Martin Slumbers, chief executive of the R&A, said LIV Golf was “harming the perception of the game” and depicted it as “entirely [...]

  • ‘Absolutely embarrassing’: Victoria blasted for Commonwealth Games hosting U-turn

    July 18, 2023

    A bitter war of words has broken out over the 2026 Commonwealth Games after the Australian state of Victoria abruptly pulled out of hosting the event. Victoria was named host for the multi-sport championships last year but reneged on that commitment on Tuesday, citing spiralling costs – plunging the Games into doubt. Commonwealth Games Australia [...]

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