What happened at the poshest event in Monaco November 11, 2024 Arriving in Monaco, a magnet for the rich and glamorous and the second smallest country in the world, I was struck by the tones of the buildings: an enticing blur of apricot, peach and sand. Famed for fast cars due to international races like Monaco Grand Prix and Monaco ePrix, it is a country of [...]
Hands off our underpants: F1 drivers slam meddling motorsport chief November 7, 2024 Formula 1 drivers have accused Mohammed Ben Sulayem, president of motorsport governing body the FIA, of failing to provide financial transparency. In a wide-ranging open letter, the Grand Prix Drivers’ Association hit out at the FIA’s policy of fining drivers for minor indiscretions, such as swearing, wearing jewellery and choosing non-fireproof underwear. The GPDA also [...]
Jersey RFC: The club resetting how rugby can be done November 7, 2024 This Saturday, while England take on Australia in the Autumn Nations Series, Jersey RFC will be hosting London Welsh in a top-of-the-table clash in Regional 1 South Central, the fifth tier of English rugby. A decade or so ago this could have been a Premiership fixture, but rugby finances in south London and in the [...]
Mike Ashley’s Frasers Group warns Boohoo over break-up plans November 6, 2024 Mike Ashley’s Frasers Group has handed Boohoo a list of demands after its campaign to install the retail tycoon as the new CEO of the fast-fashion giant failed last week. The owner of Sports Direct and House of Fraser had sought to get Mike Ashley installed as the new chief executive of Manchester-headquartered Boohoo, in [...]
Cricket, rugby and football stars invest in health start-up November 4, 2024 England rugby international Courtney Lawes and Arsenal footballer Ben White are also among the 60 professional sportspeople invested in The Players Fund.
Boohoo calls in Debenhams chief in snub to Mike Ashley November 1, 2024 Boohoo has appointed a former JD Sports executive as its new boss today in what will be seen as a snub to Sports Direct tycoon Mike Ashley. In a statement to the market, the troubled fast-fashion firm said Dan Finley, who currently runs its Debenhams division and previously spent a decade at JD Sports, would [...]
Selfridges sinks further into the red as sales at luxury department store falter October 31, 2024 Luxury department store chain Selfridges has lost more than £400m since it last made a pre-tax profit, it has been revealed. The business, which has UK stores in London, Birmingham and two in Manchester, passed the milestone after falling to a £41.9m loss in the year to 3 February, 2024. It comes after Selfridges previously [...]
Women’s football scores £100m boost from new Sky and BBC TV deals October 30, 2024 Sky Sports has secured an even bigger share of matches in the Women’s Super League as part of a record new long-term agreement billed as “the most significant broadcast partnership ever for women’s football”. The deal from 2025 until 2030 will see Sky show up to 118 WSL matches, more than three times as many [...]
Parachute payments: Government clarifies stance after regulator move October 24, 2024 The government insists it does not want parachute payments to be abolished, despite giving the incoming football regulator new powers to look at the controversial mechanism. The Premier League and English Football League remain at loggerheads over the issue, which has contributed to an impasse over the so-called New Deal of financial redistribution. More than [...]
Mike Ashley’s Frasers abandons Mulberry bid amid governance concerns October 23, 2024 Frasers Group, led by Mike Ashley, has confirmed it will not pursue a bid for Mulberry, after the iconic British luxury brand rejected its two previous cash offers earlier this month. The first bid, launched on 1 October at £83m, was dismissed by Mulberry as undervaluing the brand. A subsequent offer on 10 October at [...]