Founder Favourites: Richard Farleigh on what playing chess, investing and starting a business have in common
‘Win or lose you should behave the same’ – Tanni Grey-Thompson on going from the Paralympics to parliament October 15, 2024 Sport and politics are really similar, Baroness Tanni Grey-Thompson tells Michael Hayman in an interview for City AM “The moments I’ve got to bring about change could be few and far between… make the most of the time you have.” A message about the urgency of political transformation. Words that any new government should heed [...]
Tories hit out at government over £3bn gambling tax raid plan October 14, 2024 The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”. Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]
FIfa admits it will have to rewrite football’s transfer rules October 14, 2024 The European Court of Justice ruled this month that Fifa’s existing regulations do not comply with EU law.
How Manchester City made shareholder loans the Premier League’s new battleground October 11, 2024 Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]
Has Fifa wildly overestimated the value of Club World Cup media rights? October 11, 2024 Was Fifa too hasty in rejecting Apple’s reported $1bn (£760m) offer for media rights to next summer’s inaugural beefed-up Club World Cup? That is a question football’s governing body may have to ask itself as time ticks down towards the new 32-team tournament in the US next summer. With only eight months to go until [...]
Cheque mates: Harry Kane and Magnus Carlsen top up stakes in football brand October 10, 2024 England captain Harry Kane and chess grandmaster Magnus Carlsen have taken part in a $100m funding round for the company behind the football-themed entertainment and dining venue Toca Social. The move will help Toca Football launch further sites in London, where it already has a venue at the O2, as well as Paris, Mexico and [...]
Line judges out as Wimbledon chiefs ring the changes October 9, 2024 The technology will be used for “out” and “fault” calls from next year’s tournament, including in qualifying.
Two IPL team owners battle to buy Manchester Originals in Hundred sale October 9, 2024 The interest is a significant boost for England cricket chiefs’ much-maligned sales process.
Sports teams can make better use of Apprenticeship Levy, ex-Quins CEO says October 9, 2024 A former Premiership Rugby chief executive has called on the government to cut red tape and back sports clubs to use the existing Apprenticeship Levy to fuel upskilling opportunities for athletes and local communities. David Ellis, who served as CEO of Harlequins for eight years until 2019, insists the compulsory tax could be better used [...]
Manchester City say Premier League rule is now void. Lawyers disagree October 8, 2024 Lawyers have shot down claims by Manchester City that the Premier League’s associated party transaction (APT) rules should be considered “void” following the club’s partially successful legal challenge. In a letter to the other 19 top-flight clubs, Manchester City general counsel Simon Cliff said APT rules – designed to prevent clubs benefiting from artificially inflated [...]