Coe under fire from federation presidents for Olympic prize money announcement
World Athletics and its president Sebastian Coe is facing criticism from fellow international federations for the way it handled last week's announcement that it will be ringfencing a share of its Olympic revenues to reward gold medal winners at the forthcoming Games in Paris.
WST announces further collaboration with Saudi Arabia
The World Soccer Tour (WST) has announced further collaboration with Saudi Arabia after reaching agreement for the Saudi General Entertainment Authority’s (GEA's) Riyadh Season to become an 'official p…
777’s Everton takeover delayed after loan extension granted
The future of Premier League club Everton remains uncertain after US investment fund 777 Partners was granted an extension on repayment of a £158m (€185m/$196m) loan, further delaying a deal to buy th…
CVC unveils plans for long-awaited IPO
Private equity company CVC Capital Partners has announced plans to raise €1.25bn ($1.3bn) from a long-awaited initial public offering (IPO) in Amsterdam.
Chelsea accounts reveal hotel sale to parent company
Chelsea FC has sold a hotel and land worth more than £76m on its Stamford Bridge stadium site to parent company BlueCo in an apparent attempt to reduce its losses in order to comply with the Premier League's Profitability and Sustainability Rules.
777 Partners seeks loan extension with Everton takeover in jeopardy
The attempted takeover of Everton by 777 Partners is approaching a critical stage with growing doubts over the US investment fund’s ability to the finance the deal, and concerns for the very existence of the Premier League club.
Premier Sports completes UK return after Viaplay buy back
In November, Premier said that it had “agreed to take back control of the business” in a deal subject to competition approval after completing its July 2022 takeover.
Fifa open to reverse ban on overseas league matches after historic settlement
Fifa says it will consider changes to its policy that currently blocks domestic football league matches from being played in other countries, paving the way for high-profile competitive league games to…
CGF claims ‘multiple bids’ for 2026 Commonwealth Games
The Commonwealth Games Federation (CGF) claims it has received “multiple proposals” to stage its flagship event in 2026 and hopes to announce a host as early as next month.
CFG posts another loss despite Manchester City profits
City Football Group (CFG), the parent company of Premier League club Manchester City, has announced record revenue of £877m (€1.022bn/$1.106bn) for the 2022-23 financial year but recorded a further pre-tax loss of £126m.