Business
Premier League and EFL explore scrapping parachute payments
The Premier League and English Football League have reportedly held talks to discuss scrapping the parachute payments system and replacing it with a more equitable solution
What are the use cases for NFTs in sport?
Sports properties and stars are exploring NFTs. But the industry is just scratching the surface when it comes to exploring the possibilities presented by the concept.
Aser unites with Ninjas in Pyjamas for esports JV
Sports, media and technology investment platform Aser Ventures has teamed up with Swedish esports organisation Ninjas in Pyjamas to launch Shinobi Sports — a joint venture that will offer a suite of m…
NRL adds Dolphins as 17th team, Fox Sports enhances commitment
The National Rugby League’s Premiership will expand to 17 teams from the 2023 season after the Australian Rugby League Commission approved the grant of a new licence to the Redcliffe Dolphins, with pay-television b…
V.League 1 postponed until February 2022
Vietnam’s top football division, V.League 1, is to be postponed until February 2022, the Vietnam Football Federation has confirmed.
CTS Eventim expands Live network into Asia
German ticketing and live entertainment company CTS Eventim has expanded its promoter network into the Asian market with the launch of Eventim Live Asia
Wimbledon extends Keith Prowse hospitality deal until 2026
The All England Lawn Tennis and Croquet Club (AELTC), organiser of the Wimbledon Championships, has extended its deal with Keith Prowse to be its official hospitality provider
Wasserman agency acquires Team Sauerland
Sports marketing and management agency Wasserman has today (Tuesday) made a major move into the boxing marketplace by acquiring German promoter Team Sauerland
Kevin McCullagh | UFC deal shows how the terms of engagement in China have changed
SportBusiness Asia editor Kevin McCullagh says risks abound for international sports properties in China in 2021, but the UFC’s trend-bucking media-rights deal with Migu has underlined some best practice.
Malaysian Crown Prince hints at Valencia acquisition
Tunku Ismail Idris, the Crown Prince of Johor and owner of Malaysian Super League champions Johor Darul Ta'zim, has been credited with an interest in buying Spanish LaLiga club Valencia
Demand starting to catch up with supply in China’s new winter sports infrastructure
SportBusiness looks at what China is doing to get ready for the Beijing 2022 Winter Olympics, and the impact preparations are having on local engagement with winter sports.
Kuaishou shares surge in Hong Kong IPO
Chinese short-form video platform Kuaishou saw its shares almost triple in its Hong Kong stock market debut after a $5.4bn (€4.5bn) initial public offering.
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
Yao
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…