Abraham and Wilson invest in Andy Murray-backed padel business January 10, 2025 England footballers Tammy Abraham and Callum Wilson have invested in Andy Murray-backed Game4Padel, the biggest UK operator of padel courts. AC Milan striker Abraham and Newcastle United forward were joined by Bournemouth defender Marcus Tavernier in a funding round that values Game4Padel at £27m. Former tennis world No1 Murray and his brother Jamie were among [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]
Women’s football to lift ban on drinking alcohol while watching matches January 9, 2025 Women’s football is relaxing its rules to let spectators drink alcohol while watching a match – starting later this month. A pilot scheme is being launched in the second-tier Women’s Championship which will see four clubs trial the arrangement for the rest of the season. Drinking alcohol within view of the pitch is banned in [...]
DCMS extends deadline for Grainger’s successor at UK Sport January 9, 2025 Dame Katherine Grainger is proving a hard act to follow as chair of UK Sport. DCMS had intended to close the application process to be her successor earlier this week but has now extended the deadline for the £40,000-per-year, part-time role until 15 January. The decision is understood to have been taken in light of [...]
Two F1 races hang in balance after Belgian Grand Prix fate confirmed January 8, 2025 Formula 1 has confirmed that the historic Belgian Grand Prix will stop being an annual race in 2027. Under a new deal announced today, Spa will host races in the next three seasons and then begin a period of rotation with other European dates. It will take place in 2029 and 2031 but make way [...]
Ahead of the Game: India want rule change to World Test Championship January 8, 2025 India are pushing for an overhaul of the International Cricket Council’s points system for the World Test Championship after missing out on the final for the first time. Australia’s 3-1 Test series win over Rohit Sharma’s side secured their place in the final against South Africa at Lord’s this summer, condemning India to third in [...]
Elon Musk wants to buy Liverpool, claims his father January 7, 2025 Elon Musk would like to buy Premier League leaders Liverpool, who were put on the market by current owners Fenway Sports Group in 2022, according to his father. The world’s richest man, who has amassed an estimated net worth of £340bn, has family ties to the city through his grandmother, Errol Musk said. “He would [...]
English clubs warned over Saudi Pro League transfer amid Fifa probe January 7, 2025 English clubs have been warned to think twice before selling players to Saudi Pro League teams after Welsh champions The New Saints lodged a complaint with Fifa over unpaid fees. The ambitious competition has spent heavily in recent transfer windows on luring big-name talent such as Cristiano Ronaldo, Karim Benzema and Neymar to the Middle [...]
Sport sponsorship: Best deals, who’s investing and 2025 growth January 5, 2025 As 2025 kicks off, the sports sponsorship landscape is brimming with opportunity. New trends are emerging and the environment is ripe for seasoned sponsors to make bold investments promoting new brand offerings. With Premier League clubs preparing for life after gambling sponsors and athlete-driven media platforms gaining traction, the industry is undergoing a transformation that [...]
Unlocking assets and promoting inclusivity: Sports finance in 2025 January 3, 2025 Sports finance is poised to continue a profound and exciting transformation in 2025, writes DLA Piper’s Charlotte Lewis-Williams. In the post-pandemic era, one of the central characteristics around sports finance has been its rapid evolution towards implementation of diversified strategies. Innovative tactics, a greater focus on community engagement, unconventional ownership structures, the rise of alternative [...]