Global

Multiple Sports
Governance

International Equestrian Federation (FEI) president, Ingmar De Vos, is poised to become the new president of the Association of Summer Olympic International Federations (ASOIF), it was announced today (Tuesday).
Motorsport
Licensing & Merchandising

Topps, the physical and digital trading card brand owned by global merchandising company Fanatics, has retained its contract with Formula 1 motor racing in a multi-year renewal.
Biathlon
Industry Moves

Stefan Krauss, the long-standing managing director of Infront Austria and the agency’s vice-president of winter sports, is to leave the company by the end of next month.
Multiple Sports
Finance & Law

Sportradar swung back into the black in the fourth quarter thanks to growth across all segments, sending the sports data and betting services firm’s share price soaring to a temporary seven-month high in Wednesday morning trading.
Football
Finance & Law

World governing body FIFA enjoyed income of $1.17bn (€1.07bn) in 2023, boosted by strong commercial revenues from the Women’s World Cup in Australia and New Zealand.
Boxing
Industry Moves

Joe Markowski is leaving his role as chief executive of DAZN in North America with IMG’s Michael Ridout to take on certain duties heading up the broadcaster’s combat sports activities, SportBusiness can reveal.
Multiple Sports
Finance & Law

Matchroom Sport delivered a profit of £33.8m during the 2022-23 financial reporting period on the back of strong performances from its darts and boxing verticals, SportBusiness has learned.
Multiple Sports
Finance & Law

German sportswear company Adidas suffered a five-per-cent reduction in total revenues in 2023 and posted reduced operating profits of €268m ($293.2m) after severing ties with controversial rapper and fashion designer Kanye West’s Yeezy brand.
Wrestling
Media

United World Wrestling has issued a global request for proposal from 2025 onwards covering broadcast, betting and sponsorship rights to its major competitions.
Football
Finance & Law

Fifa is recruiting new executives to join its in-house legal team after a large number of senior legal counsels handed in their notice in the space of a few months, SportBusiness understands.
Wrestling
Sponsorship & Marketing

Prime has announced a major new sponsorship with WWE that sees the hydration drink brand become the first ever to have its logo on the wrestling ring canvas.
Boxing
Media

Jake Paul's Most Valuable Promotions (MVP) has made its biggest move in the sport, striking a deal with Netflix for Paul himself to take on legendary fighter Mike Tyson in the entertainment giant’s latest live sports offering.
Triathlon
Media

IMG has been handed a new remit to manage the sale of media rights to the Professional Triathletes Organisation's (PTO) rebranded T100 Triathlon World Tour until 2026
Mixed Martial Arts
Sponsorship & Marketing

The Ultimate Fighting Championship (UFC) has agreed to further extend its sponsorship deal with French sportswear brand Venum.
Rugby Union
Media

Pitch International has won more business in rugby union after being appointed to sell international broadcast rights to the British and Irish Lions’ tour of Australia next year.
Football
Media

The US-based Relevent Sports Group has landed a share of English Football League (EFL) international broadcast rights after clubs approved the agency as its distribution partner in North, Central and South…
Football
Sponsorship & Marketing

Fifa is locked in a dispute with Dalian Wanda, one of its highest-paying sponsors, and has ceased activating the company’s sponsorship rights after the company missed scheduled payments in its contract with the federation.
Multiple Sports
Sports Betting

Suspicious betting instances remained steady across world sport in 2023, with the growing role of artificial intelligence able to identify such behaviour, sports data and betting services company Sportradar has revealed.