Christian Horner interview: ‘Red Bull put Formula 1 back on the map last year’ March 16, 2022 The dust is still settling on last year’s rancorous Formula 1 season as a new one is about to begin in Bahrain this weekend but Oracle Red Bull Racing boss Christian Horner is keen to put the acrimony with Mercedes and opposite number Toto Wolff behind him. Well, mostly. Three months on from a hugely [...]
Chicago Cubs owners the Ricketts family confirm bid for Chelsea with hedge fund boss Ken Griffin March 16, 2022 The owners of Major League Baseball’s Chicago Cubs, the Ricketts family, have confirmed they plan to bid for Chelsea Football Club. The Ricketts family have formed a consortium with billionaire hedge fund manager Ken Griffin to make an offer this week, Sky News reported. “The Ricketts Family, owners of the Chicago Cubs, can confirm they [...]
Women’s tennis chief ‘strongly’ opposed to bans for Russian and Belarusian players over Ukraine March 16, 2022 Steve Simon, the head of elite women’s tennis tour the WTA, says he “feels very strongly” that players from Russia and Belarus should not be prevented from playing because of the invasion of Ukraine. It comes after UK government ministers said assurances should be sought from Russian players that they do not support Vladimir Putin [...]
Tennis No1 Medvedev should renounce Putin to play at Wimbledon, says sports minister March 15, 2022 Daniil Medvedev, the Russian current world No1 men’s tennis player, should be asked to renounce Vladimir Putin before being allowed to play at Wimbledon, sports minister Nigel Huddleston has said. Huddleston said international measures against Russian athletes should go beyond merely banning national teams and those individuals who compete under the Russian flag. “We need [...]
Australian Cameron Smith lands golf’s biggest 72-hole payout with £2.8m Players win March 15, 2022 Australian Cameron Smith claimed record prize money for an 72-hole golf event of $3.6m (£2.8m) with victory at a weather-delayed Players Championship in Florida. The payout at the PGA Tour’s flagship tournament is bigger than that on offer at any of the four men’s majors or the DP World Tour’s lucrative finale in Dubai. Smith [...]
Saudi Media Group makes £2.7bn bid for Chelsea March 14, 2022 The biggest media group in the Middle East Saudi Media Group has made a £2.7bn offer to scoop up Chelsea as the football club races to find a new benefactor following Roman Abramovich’s sanction by the UK government. The sanctions block any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea [...]
Chelsea keep going but controversy follows club onto the pitch in ‘sportswashing derby’ March 13, 2022 After a week in which Chelsea’s future was plunged into grave doubt by the sanctioning of Roman Abramovich, today’s visit from Newcastle was about keeping going. Keeping going in the Premier League, where their hold on third place suddenly looked less secure; keeping going as a business, if technical advisor Petr Cech’s pre-match comments which [...]
Three Mobile suspends £40m Chelsea sponsorship amid Abramovich sanction March 10, 2022 Mobile giant Three has said it is reviewing its £40m sponsorship of Chelsea following the UK's sanction of owner Roman Abramovich.
Chelsea in race to find new backer or risk administration as Abramovich sanctions bite March 10, 2022 Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]
Branding and product partnerships push football clubs into the fintech arena, and vice versa March 10, 2022 The fintech industry has never been fiercer. Funding levels have reached astronomical levels, as new ideas percolate throughout the financial ecosystem, meaning more and more fintechs are becoming experts and pioneers in a very specific aspect of the financial landscape. By adopting a collaborative as opposed to a competitive mindset, firms are given a platform [...]