Ed Warner: Fear of losing to the Poms may get Australian sport its extra A$2bn April 6, 2023 As an English sports fan it’s always fun when others cite your nation as their greatest rivals when they wouldn’t make your own top three. Cricket aside, such is the case with Australia. Last week a cry from Australia’s sporting hierarchy for more financial backing from politicians caught my eye. The need to beat the [...]
Masters prize money 2023: How much do golfers earn at the Augusta major? April 5, 2023 When Scottie Scheffler eventually holed his winning putt last year, he not only claimed the fabled Green Jacket but also the lion’s share of $15m in Masters prize money. The biggest win yet of Scheffler’s burgeoning career earned him $2.7bn from the total prize pool, which is the second most lucrative of the four men’s [...]
Premier League critics won’t ‘crush everything’, says European football chief April 5, 2023 Aleksander Ceferin, the president of European football governing body Uefa, has defended the Premier League against claims that it has become too powerful. The financial superiority of England’s top division has allowed its clubs to dominate the transfer market for players and led to criticism from some continental rivals. But Ceferin, speaking today at a [...]
Lee Westwood and Ian Poulter face fines and Ryder Cup exile over LIV Golf legal defeat April 4, 2023 Lee Westwood, Ian Poulter and 11 other LIV Golf rebels are facing six-figure fines and exile from the Ryder Cup after reportedly losing their legal fight with Europe’s DP World Tour. The anticipated ruling also effectively forces the players to relinquish their membership of the European circuit or leave themselves open to potential fines of [...]
How do you value a football club? Why luxury brands may hold the secret April 3, 2023 It is a question playing on the minds of Sir Jim Ratcliffe, Sheikh Jassim Bin Hamad Al Thani and Manchester United’s other suitors. The Glazers have already come up with their own answer, while Todd Boehly and Clearlake Capital had to grapple with it before buying Chelsea last year. How exactly do you value a [...]
Premier League chief denies trying to kick football regulator into the long grass March 28, 2023 Premier League chief executive Richard Masters has rebuffed suggestions that the organisation tried to “kick into the long grass” talks over an independent football regulator. Masters was persistently questioned on the point by MPs at a Digital, Culture, Media and Sport Committee hearing on Tuesday. After denying that the expression had been used by anyone [...]
Non-league football contracts row: Should athletes be a special case in employment law? March 27, 2023 Whether it realises it or not, non-league football has raised an age-old legal argument: should sportspeople be treated as a separate case under employment law, given the unique space in which they operate? Reports suggesting that National League players could be prepared to go on strike over upcoming contract changes put forward by the Football [...]
Newcastle United doc from makers of All Or Nothing to put focus on business March 24, 2023 Newcastle United’s transformation under Saudi ownership will be the subject of a new documentary series on Amazon’s Prime Video platform, it has been confirmed. The four-part series will focus on the business side of running the club, through interviews with co-owner Amanda Staveley and other club chiefs as well as behind-the-scenes footage. The show, set [...]
Activist investor Elliott ramps up Manchester United interest with bid for minority stake March 23, 2023 Elliott Investment Management has upped its interest in Manchester United by offering to buy a small stake in the Premier League club. The activist investor had previously offered finance to any other party bidding for United, who were put for sale by the Glazer family in November. That offer remains, but after visiting Old Trafford [...]
Manchester United bidders fear Glazers want £6.5bn or will walk away from sale March 23, 2023 Manchester United’s suitors fear that the Glazer family will reverse their decision to sell the club unless they receive a bid of £6.5bn. The latest twists in the sale process have been interpreted in some quarters as evidence that United’s owners are not serious about relinquishing control at Old Trafford. Bidders were due to lodge [...]