Manchester City owner City Football Group makes Club Bolivar the 11th club in its network January 12, 2021 Manchester City owner City Football Group has added Bolivia’s most successful side, Club Bolivar, to their portfolio of football teams. Bolivar becomes the 11th team in the group but the first to be designated as a “partner club” to City. City Football Group said the tie-up would give Bolivar access to its expertise and proprietary [...]
Donald Trump course axed as host of 2022 US PGA Championship over fears of ‘irreparable damage’ to its brand January 11, 2021 US PGA Championship organisers have cancelled plans to stage the golf major at a course owned by Donald Trump next year. The PGA of America said it risked “irreparable damage” to its reputation if it did not terminate its agreement with Trump National in Bedminster, New Jersey. The decision come days after Trump supporters stormed [...]
Saracens announce four-year stadium and shirt sponsorship deal with StoneX and City Index January 10, 2021 Saracens have announced a major new sponsorship deal with financial services company StoneX Financial and its subsidiary City Index. The four-year agreement will see the club’s north London home named the StoneX Stadium. Trading platform City Index will appear on the front of the shirts worn by both Saracens’ men’s and women’s teams. Saracens’ men’s [...]
French football’s financial crisis: Why Ligue 1’s €3bn deal with Mediapro collapsed and what it means for the Premier League January 8, 2021 Lille OSC are flying high in Ligue 1, into the latter stages of the Europa League — and €125m in debt. This season, financial turmoil off the pitch is tainting the French football club’s on-field success. Last month, Lille’s major creditors JP Morgan and Elliott Management forced the club’s embattled owner Gerard Lopez to sell [...]
Sportradar tap fintech veteran to chair global board January 7, 2021 Betting services company Sportradar have raided the world of fintech for the new head of their global board. Jeff Yabuki, who oversaw fifteen years of growth at Nasdaq-listed Fiserv, will take on the role immediately. Fiserv tripled its revenue over the period and delivered nearly 1000 per cent returns to shareholders. Sportradar now employes more [...]
21 Premier League players to watch in 2021 based on quantitative analysis January 2, 2021 Who are the Premier League players to watch in 2021? Using quantitative analysis derived from investment banking, Matthew Belford and Jack Morris of Carteret Analytics have drawn up a shortlist for City A.M. that includes one player from each club plus the single most outstanding prospect. Arsenal: Gabriel Magalhaes (Carteret Rating: 239.5) Brazilian centre-back Gabriel, [...]
What to expect from sports technology in 2021 January 1, 2021 After the sporting chasm that was 2020, things are definitely looking up in 2021. In prospect are Olympics and Paralympic Games, football’s European Championship and the return of a plethora of iconic annual fixtures, such as Wimbledon, Royal Ascot and The Open. But as we embrace the new normal of live sport next year, what [...]
Sports law in 2021: Data disputes, the evolution of esports, all eyes on Premier League TV rights, and rules tighten for clubs and agents December 31, 2020 While there may not have been as much action on the pitch in 2020, this year has been an eventful one for sports lawyers off the pitch to say the least. Coronavirus has acted as a magnifying glass, intensifying the financial and legal pressures that those in the sports ecosystem face. But how is 2021 [...]
Three things to expect from the business of sport in 2021 December 30, 2020 What does next year hold for sport in a commercial sense? Here, Neil Hopkins, global head of strategy at M&C Saatchi Sport and Entertainment, gazes into his crystal ball. Grounds for optimism Fans are back. Not many of them, but they are back. With vaccination under way, at some point in 2021 the tentative trickle of [...]
Sportspeople have never had so much power. In 2021 they will continue to change the way they are defined December 29, 2020 The coronavirus pandemic has been the dominant theme of 2020 for the entire global population and its impact on the world of sport – its events, competitions, clubs and athletes – has been equally transformative. But, as Benjamin Franklin’s famous quote states, out of adversity comes opportunity. And as we look ahead to the sporting [...]