West Brom owner forced to invest seven-figure sum months after £60m purchase August 28, 2024 The American businessman has agreed to pay off a £3.7m loan and spent more than £1m on improving facilities.
Why rugby league’s Magic Weekend could return to Newcastle in 2025 August 28, 2024 Newcastle United’s Saudi Arabian owners vetoed the club’s proposal to stage rugby league’s Magic Weekend at St James’ Park, but have indicated they may consider hosting the two-day event again next year. Rugby Football League officials would like to return to Newcastle, who have staged Magic Weekend on seven occasions since 2015, after this month’s [...]
Olympics’ switch to pay TV triggered big rise in illegal streaming of Paris 2024 August 27, 2024 The IOC's move has caused frustration among some fans at being denied immediate access to sport that has historically been available on free-to-air channels.
Rangers takeover: Scottish giants wanted by American investors in £150m deal August 27, 2024 Glasgow Rangers are attracting takeover interest from American investors who value the club at around £150m, with a number of the existing shareholders at Ibrox thought to be open to selling. Former chairmen Dave King and Douglas Park are the biggest shareholders at Rangers with 14 per cent and 12 per cent of the club [...]
Hotel snag hits potential rescue deal for beleaguered Reading FC August 21, 2024 The long-running takeover saga at Reading has been further delayed by a dispute over the status of an IGH hotel at the Select Car Leasing Stadium. Former Wycombe owner Rob Couhig has agreed a £25m deal to buy the League One club that also includes the stadium and the training ground, thus ending the disastrous [...]
Aston Villa decide against joining Man City in legal challenge to Premier League rules August 21, 2024 Aston Villa are unlikely to follow through with threats from owner Wes Edens to follow Manchester City and mount a legal challenge to the Premier League’s Profitability and Sustainability Rules. The club’s proposal to increase the three-year rolling loss limit from £105m to £135m was defeated at the Premier League’s annual general meeting in June. [...]
Haringey Council hands Tottenham Hotspur huge financial ‘Beyonce boost’ August 21, 2024 Tottenham Hotspur are set for a major financial boost after Haringey Council extended the club’s licence for hosting major non-football events, such as concerts from the likes of Beyonce, from 16 to 32 a year. The club’s commercial income has already trebled from £70m to £228m since their move from White Hart Lane in 2019, [...]
England cricket chiefs using Ratcliffe’s Man United deal to sell Hundred stakes August 20, 2024 Sir Jim Ratcliffe’s purchase of 27.7 per cent of Manchester United is being used by the England and Wales Cricket Board to help market Hundred franchises. The Ineos founder’s stake at Old Trafford is being used as an example of how a minority investor can attain huge influence at a major sporting institution if the [...]
Amazon Prime top of the table to bag Liverpool documentary rights August 14, 2024 Amazon Prime are in pole position to pick up the UK rights for the Liverpool documentary based on Jurgen Klopp’s last six months at Anfield. City A.M. has learned that Amazon have entered advanced negotiations with the club and production company Lorton Entertainment to show the documentary, which was filmed over the second half of [...]
Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans August 7, 2024 Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.