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BCCI to discuss adding two IPL teams
The Board of Control for Cricket in India will discuss the addition of two new franchise teams to the Indian Premier League T20 tournament in 2021 at its annual general meeting later this month
IPL franchise tender planned ‘within weeks’
The Board of Control for Cricket in India will launch a tender for one or two new franchise teams to join the Indian Premier League in the coming weeks, according to local news reports
Round-Up: Under Armour sells MyFitnessPal, Rugby Australia rights deal, Tour Down Under cancelled, and more
US sportswear and equipment firm Under Armour has agreed to sell the MyFitnessPal platform to global investment firm Francisco Partners for $345m (€295m) – Under Armour
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Round-Up: Tokyo Aquatics Centre unveiled, NBA eyes December restart, Dubai to host IPL final, and more
The newly built Tokyo Aquatics Centre was unveiled during an event on October 24, marking the completion of all venues built for the Tokyo Olympics and Paralympics - The Japan Times
Honda to leave F1 at end of 2021 season
Japanese automotive manufacturer Honda will conclude its participation in the Formula One motorsport series at the end of the 2021 season, leaving the Red Bull Racing and AlphaTauri teams searching for…
Gosper: Six Nations unions could go bust without government support
Brett Gosper, the chief executive of World Rugby, has expressed his concerns that some of the Six Nations unions could go bust without government support
Sportfive agrees ‘long-term co-operation’ with Bundeling
The Sportfive agency has announced a major new partnership with Netherlands-based digital communication services provider Bundeling, which will see the two work together to provide new business networking…
Lions and South Africa Rugby launch joint venture for 2021 Tour
SA Rugby and the British & Irish Lions have created a joint venture to maximise the appeal of the Lions’ Tour of South Africa in 2021.
ECA predicts €4bn Covid-related revenue hit for European clubs
The European Club Association (ECA) has forecast that football clubs on the continent can expect to lose up to €4bn ($4.5bn) in revenue over the next year due to Covid-19.
Pandemic hits women’s sport, but revenue mix leaves it well placed to rebound
Adam Nelson talks to stakeholders from across women's sport about the impact of the pandemic and how the sector is well-placed to rebound thanks to a healthy revenue mix
Will rights-holders emerge from Covid-19 lean and mean or broken and weak?
In the face of severe fiscal losses after the coronavirus pandemic, SportBusiness asked sports industry insiders what they think the prospects are for rights-holders, and what must be done to emerge from the Covid-19 crisis stronger than before.
49ers ready to help Leeds United become “more of a global force”
NFL team the San Francisco 49ers are ready to play an active role in helping Leeds United become a Premier League force both on and off the field following the club's promotion to English soccer's top flight. SportBusiness speaks to 49ers Enterprises president Paraag Marathe.
“The ICC revenue share model is unsustainable” | Johnny Grave, Cricket West Indies
In the wake of the West Indies’ recent tour of England, Cricket West Indies chief executive officer Johnny Grave speaks about CWI’s opposition to the ICC's current revenue sharing model for international cricket tours.
Silva International launches London-based digital solutions company
Silva International Investments, owner of SportBusiness, has launched a digital company, WE DO Digital Solutions, to serve the sports and entertainment sectors
Nikko AM lists Asia’s first esports and gaming fund
Japan’s Nikko Asset Management has launched an exchange-traded fund in Hong Kong aiming to tap into the growth of the computer games and esports industry.
Heavy losses in World Athletics 2018 accounts but little light shed on Dentsu renegotiation
A leaked copy of World Athletics' 2018 financial accounts has shed more light on the constrained financial picture for the federation and referenced its attempts to renegotiate some of the controversial…
Italy’s Reset Group launches sports division focused on image rights
Italian agency Reset Group has launched a new division dedicated to sports marketing
Broadcasters and AFL yet to confirm rights deal on shortened season
The Australian Football League does not yet have a broadcast deal in place for its reduced season which is due to resume on June 11
Liverpool clarifies kit deal and launches online store in Japan
English Premier League club Liverpool has confirmed a two-month extension of its kit supply deal with New Balance to cover the extended 2019-20 season
NZ Cricket says sizeable job losses expected
New Zealand Cricket is planning cuts to its staff, including senior staff, of between 10 and 15 per cent, as revenue plummets
Players to profit from New Zealand’s NBL streaming service
New Zealand’s National Basketball League has launched a direct-to-consumer global streaming service allowing viewers outside the country to pay to watch coverage of the competition.
New Zealand rolls out NZ$265m sports recovery package
Sport in New Zealand is set for multi-million-dollar government backing to help it recover from the Covid-19 downturn
Global Champions Tour sale complete after legal issues resolved
Global investment holding company Tennor has completed a deal to acquire a stake in the Global Champions Tour (GCT) and Global Champions League (GCL) equestrian series from US businessman Frank McCourt…
LaLiga aligns with Mediapro and Super Sports Media in Chinese commercial JV
LaLiga, the organising body of the top two divisions of Spanish club football, has formed a joint venture with Spanish rights and production agency Mediapro and Super Sports Media, a subsidiary of Chinese…
Mediaset’s Q1 operating profit hit by Covid-19 crisis
Mediaset’s operating profit fell by 47 per cent year-on-year in the first quarter of 2020 as the Italy-based commercial broadcasting group was hit hard by the Covid-19 crisis.
Tianjin Tianhai folds, leaves Chinese Super League
Chinese Super League side Tianjin Tianhai has folded after failing to attract any buyer
NFL-linked American rugby group plans to hire star players
A new American rugby union competition linked to the NFL is aiming to shake up the sport by hiring star players and adjusting the game's rules to 'Americanise' it
K League becomes latest rights-holder to turn to WSC Sports
South Korean football's K League is partnering with Israel-based artificial intelligence video production and distribution platform WSC Sports
Guangzhou Evergrande post hefty loss for 2019
Chinese Super League football team Guangzhou Evergrande reported a $274m (€252m) loss for 2019, according to the club’s latest annual report.
Nenking Group takes over Ligue 2 club Sochaux
Chinese conglomerate Nenking Group is now officially the owner of French Ligue 2 side FC Sochaux-Montbéliard.
ESPN ‘seeks free broadcast rights’ to Korean baseball
ESPN's plans to acquire rights to the Korean Baseball Organisation's domestic league are reported to have stalled after the US-based sports broadcaster is said to have attempted to acquire the rights free…
Crystal Palace and West Ham postpone Australian tours
English Premier League clubs Crystal Palace and West Ham United have indefinitely shelved their planned July tour to Australia citing the Covid-19 pandemic as a reason
China Mobile inks fitness content deal with Les Mills
China Mobile’s video entertainment unit Migu and New Zealand-based fitness brand Les Mills have agreed a deal to develop personal fitness content for the Chinese market
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Adidas receives €3bn government-backed loan
Adidas has received approval from the German government for the participation of state-owned development bank KfW in a syndicated loan facility worth €3bn ($3.2
Silver: No resumption decision for NBA until at least May
Commissioner says there is still too little information to make an immediate, informed plan to resume play
USA Rugby bankruptcy “is a good thing…and should have happened a year ago”
USA Rugby's recent Chapter 11 bankruptcy declaration was little surprise and could ultimately prove beneficial in the long term, according to Rugby United New York majority owner James Kennedy
LaMelo Ball to purchase stake in NBL team Illawarra Hawks
Rising professional basketball star LaMelo Ball is poised to purchase the Illawarra Hawks, of Oceania's National Basketball League, along with his manager Jermaine Jackson.