Global

Spanish Liga football club Real Madrid has retained its title as the world’s most valuable sports team, with US major league franchises enhancing their position in the upper echelons of Forbes’ annual study.

Organisers of the Champions League T20 (CLT20) cricket competition have shelved the event with immediate effect, citing a lack of interest from fans.

The International Automobile Federation’s (FIA) World Motor Sport Council (WMSC) has given its approval to a new set of technical regulations that could lead to a major revamp of the cars used in the World Rally Championship (WRC).

Fifa has today (Thursday) banned former Executive Committee member Chuck Blazer from all football-related activities for life, while the Confederation of North, Central American and Caribbean Association Football (Concacaf) has chosen Sonia Bien-Aime to replace its suspended president Jeffrey Webb on the Fifa ExCo.

Chinese conglomerate Dalian Wanda has today (Tuesday) completed its acquisition of the majority shareholding in the Infront Sports & Media agency.

The Professional Squash Association (PSA) has launched a new brand in a move that brings to a close the merger process between the men’s and women’s professional world tours.

Harold Mayne-Nicholls will appeal against a seven-year ban from football by the ethics committee of Fifa, the sport’s global governing body.

British sportscar marque Aston Martin has dismissed speculation concerning a return to Formula One, stating a deal in the motor-racing series would be improbable at best.

Formula One’s commercial rights-holder and main shareholder CVC Capital Partners has maintained it is under no pressure to sell its controlling stake in the motor-racing series, according to co-chairman Donald Mackenzie.

Formula One’s Strategy Group has given its latest update on plans to shore up the future of the motor racing series, stating that important decisions and “innovative evolutions” have been approved.

Fifa president Sepp Blatter has maintained his conscience is clean and warned anyone who associates him with the ongoing scandal in world football “should go to jail”, as it emerged today (Thursday) that the United States has submitted a formal request for Switzerland to extradite seven Fifa officials arrested as part of a corruption investigation in Zurich in May.

The International Mixed Martial Arts Federation (IMMAF) has appointed another senior judo official to its executive team, with newly-elected president Kerrith Brown stating he made the switch due to ideological differences with the leadership of judo at a European and international level.

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Eurosport CEO Peter Hutton has overseen dramatic change in just four months of stewardship of the Discovery-owned broadcaster. Matt Cutler travelled to Paris to ask him about the future ambitions of the company.

The US Department of Justice (DOJ) investigation into corruption in football is unprecedented and has presented the sports marketing industry with a number of complicated questions. We canvassed industry insiders to try to answer five of the most pressing questions.

Golf’s European Tour has announced its players will compete for record prize money of €166m ($186.9m) in the 2015 Race to Dubai – an 18.5 per cent increase on last year.

Athletics is on the brink of new leadership for the first time in 16 years, with two Olympic and athletic legends – Sebastian Coe and Sergey Bubka - facing off in the battle to succeed Lamine Diack as president of the IAAF (International Association of Athletics Federations). We asked industry insiders who is odds on to win the sport’s biggest race.