Week in Sportbiz: Taxman cometh for football (again); BT Sport; Simone Biles; social media boycott; and NHS x NFL draft April 29, 2021 HMRC has cashed in by increasing scrutiny of the football industry, so perhaps it should be no surprise that the taxman has begun a new crackdown on players and clubs. Investigations into footballers almost tripled in 2019-20, while those concerning clubs more than doubled. The result was an increase from £35m to £73m in tax [...]
Spotify founder Daniel Ek says he is “very serious” about Arsenal takeover interest and has secured the funds to make Stan Kroenke an offer April 28, 2021 Spotify co-founder Daniel Ek says he has secured the financial backing to make an offer for Arsenal. The Swedish billionaire, who is chief executive and part-owner of the music streaming platform, added that he was “very serious” about buying the Premier League football club. Ek also urged current Arsenal owner Stan Kroenke to listen to [...]
Premier League set for TV cash boost after it agrees to renew £4.7bn contracts with Sky, BT and Amazon on same terms April 27, 2021 The Premier League is close to renewing its £4.7bn domestic broadcast contracts with Sky, BT and Amazon, according to reports. It has chosen a private sale to current partners on the same terms as existing deals rather than a traditional auction of the rights for 2022-2025, according to SportBusiness Media. The arrangement must still be [...]
All six English clubs abandon JP Morgan Super League plan April 21, 2021 All six English clubs have pulled out of the European Super League (ESL) after plans for the JP Morgan-backed venture were met with a fierce backlash. Manchester City were the first Premier League side to officially withdraw from the competition following reports Chelsea were preparing to do so. Arsenal, Liverpool, Manchester United and Tottenham have [...]
European Super League crumbling as top clubs Chelsea and Man City pull out after backlash April 20, 2021 European Super League crumbles as top clubs Chelsea and Man City pull out
Bankers appointed to find buyers for Rugby World Cup commercial rights April 20, 2021 The Rugby World Cup could be set for a commercial shake-up with City bankers now working with rugby’s governing body. Jefferies and Rothschild have been appointed by World Rugby to appraise their fundraising options after a year disrupted by Covid-19, Sky News’ Mark Kleinman has reported. Sources told Kleinman that the body would speak to [...]
Furious UEFA warns clubs: Join European Super League and we will ban you and your players April 20, 2021 UEFA president Aleksander Ceferin has warned the football body is working to ban breakaway European Super League clubs and their players from its competitions “as soon as possible” and urged domestic leagues to follow suit. Twelve clubs, including the Premier League’s so-called ‘big six’, are part of plans which would fundamentally alter the shape of [...]
Fan fury as JP Morgan and biggest football clubs team up on European Super League April 19, 2021 The football world has been plunged into chaos after it was announced that six English football teams will join a new breakaway European Super League in what would be the biggest shake-up of the game in recent years. Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham are among the clubs that are set to [...]
Former Formula One driver and Le Mans winner Johnny Dumfries dies aged 62 March 22, 2021 Former Formula One driver and Le Mans winner Johnny Dumfries has died at the age of 62 after a short illness. The Scot was born John Crichton-Stuart, the seventh Marquess of Bute, but adopted a pseudonym to disguise his background. Dumfries won the British F3 title in 1984 and tested for Ferrari in 1985 before [...]
Betting and esports look set to collide February 9, 2021 | City Talk A review of UK gambling laws launched by the Department for Digital, Culture, Media and Sport (DCMS) could have a major impact on the esports industry. The review will cover marketing and advertising of gambling in sport, and could lead to a ban on gambling companies sponsoring sports teams and events, including sponsorship on uniforms, [...]