Saudi Public Investment Fund nearing $1bn stake in Dazn January 14, 2025 Saudi Arabia’s Public Investment Fund is nearing a $1bn acquisition of a small minority stake in sport streaming platform Dazn. The London-based rights holder, which enjoys relationships with boxing’s Riyadh Season and a number of the top European football leagues, could potentially see its value pushed into the tens of billions after the injection. It [...]
72% UK sports fans would pay more for tickets if they benefited environment January 14, 2025 Seven in 10 sports fans would be willing to pay more for a ticket to a live event if the extra was used to benefit the environment, according to a new survey. The Sport Industry Report, published today, found that 72 per cent of sport fans it surveyed said they would pay the surplus “if [...]
Leicester City still face PSR danger despite Premier League decision January 14, 2025 Leicester City remain on the hook for possible breaches of PSR rules despite the Premier League deciding not to issue charges to any clubs for the period ending last season. Leicester escaped punishment last year despite being charged with overspending for the period ending 2022-23 after they won a legal appeal centred on ambiguity in [...]
Rashford exit to cost Man Utd as clubs battles to meet PSR rules January 14, 2025 Manchester United will have to pay to get Marcus Rashford off their wage bill as they battle to meet Premier League profitability and sustainability (PSR) rules. Former golden boy Rashford is bound for the exit door at Old Trafford after 20 years at his boyhood club, having fallen out of favour with new manager Ruben [...]
Football regulator: Fight over Brady-backed ‘sunset clause’ hots up January 13, 2025 Conservative peers including West Ham United chair Karren Brady are this week expected to step up their push for a “sunset clause” that critics fear will render the incoming independent football regulator toothless. The sunset clause would allow for the football regulator to be scrapped after a set period time, likely to be five years, [...]
Tyson Fury turns back on £100m Joshua fight by announcing retirement January 13, 2025 Tyson Fury appears to have turned his back on a £100m windfall by announcing his retirement from boxing in the wake of a second defeat by Oleksandr Usyk. Fury, 36, made the shock statement in a short video clip posted to Instagram on Monday, just three weeks after he lost to Usyk in a controversial [...]
Anthony Joshua joins padel craze by investing in Murray’s Hexagon Cup team January 13, 2025 Boxer Anthony Joshua has teamed up with fellow British sporting great Andy Murray by becoming a co-owner of his Hexagon Cup-winning padel team. Joshua has joined Murray, tennis coach Dani Vallverdu and businessman Arran Yentob in the ownership group of Team AD/vantage as the British entrant bids to retain its crown this month. They will [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]
Industry slams Labour government plans for ticket reform January 11, 2025 Leading industry voices have slammed government plans to change the secondary ticketing market in sport, describing proposals as “draconian”. The government on Friday announced plans to tackle touts and potentially further regulate the secondary market following instances of extreme dynamic pricing relating to the sale of Oasis tickets. Measures could include a cap and a [...]
Late Leicester City owner’s family sue helicopter maker for record £2.15bn January 10, 2025 The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn. The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family. They blame helicopter [...]