SportBusiness Staff

Portuguese investment fund APEX Capital has announced the latest athlete-investors joining its Elite Performance Fund, with cyclist Mark Cavendish and Brazilian footballer Marcelo among the backers.

The Football Association of Wales (FAW) has launched a six-year strategy to develop the top-tier Cymru Premier, with a ‘VAR Light’ system and Friday night matches to be introduced.

Matt Wilson has been promoted to managing director at The Sports Consultancy.

The Ultimate Fighting Championship has announced plans for an event at Manchester’s new Co-op Live arena on July 27.

Formula 1 has been presented with a new option for a grand prix in the Southeast Asian market after Thai Prime Minister Strettha Thavisin pitched a proposal for a street race in Bangkok.

The Super Rugby Pacific competition has named Jack Mesley, who currently works as chief commercial officer at the A-Leagues, as its first chief executive.

Minute Media has agreed a deal with Lega Serie A to produce a range of content from the top tier of Italian football for fans in North America.

Convenience store chain Spar has renewed its sponsorship of the European Athletics Championships ahead of this year’s event in Rome.

WWE has relocated a NXT Battleground event to the UFC’s Apex facility in Las Vegas in the latest example of collaboration between the wrestling promotion and MMA organisation.

The Drone Racing League (DRL) has been acquired for $250m (€234.3m) by Infinite Reality in a deal the technology and entertainment company states boosts its valuation to $3.5bn.