Finance & Law

The Covid-19 pandemic caused Formula 1’s revenues to drop by just under $600m (€510m) and 96 per cent year-on-year, according to the latest set of second-quarter results published by owners Liberty Med…

English Football League club Swansea City has secured new American investment after private finance entrepreneur Jake Silverstein acquired an undisclosed stake in the Championship team

Revenue generated from the Italian football system rose to €3.8bn ($4.5bn) in 2018-19 but losses and debt also grew significantly, according to the latest edition of ReportCalcio.

Prominent media company misses analyst targets

Italian Serie A football club AS Roma is set to receive new American owners after the Friedkin Group agreed a €591m ($700m) deal to acquire the team.

Next year's Tokyo Olympics will take place even if the Covid-19 pandemic is still underway, said Toshiro Muto, chief executive of the Games' organising committee

The winners of this year's US Open singles and doubles competitions will receive less money than in 2019 due to the financial effects of the global Covid-19 pandemic

The Walt Disney Co.’s streaming success during the last quarter, in part through ESPN+, help counter what was otherwise a historically poor quarter for the company.

National Hockey League expansion team Seattle Kraken is reaping the commercial rewards across a series of metrics from its hugely successful brand identity unveiling

Jerry Korczak, managing director, sports finance, at Macquarie Group, considers the range of finance options available to football clubs to help them navigate the challenges ahead

As Serie A weighs up six proposals from private investors, Ben Marlow, managing director, Asia Pacific, for football consultancy firm 21st Club, explains the sudden interest in the league and tells editorial…

Ben Marlow, managing director of 21st Club in Asia Pacific, looks at the rise and fall of Italian Serie A, and considers the ways in which the league can rise once again

A trio from Foley & Lardner LLP look at the complex trademark issues surrounding the pending name change for the Washington Football Team.

Nike is to lay off at least 500 staff at its headquarters in Oregon, US, after a loss-making second quarter - Fox Business

The United States Olympic and Paralympic Committee (USOPC) has reported a sizeable drop in revenues in 2019, a non-Olympic year, as it prepares for the full impact of the Covid-19 pandemic on its financial…

The restart of the Italian Serie A football season has been moved back a week to September 19 - Reuters/CNA The WTA Tour restarted yesterday with the Palermo Ladies Open in Sicily, Italy - Reuters/ec/CNA

Canadian transatlantic rugby league team Toronto Wolfpack is seeking new ownership after its agreement to participate in the Betfed Super League was terminated

Veloce has secured £4m (€4.4m/5.2m) in private investment to merge and expand its Veloce Esports gaming operation and its motorsport division, which includes Extreme E team Veloce Racing.

The bankrupt XFL has been acquired for $15m by an investment group which includes Hollywood star Dwayne "The Rock" Johnson and American investment firm RedBird Capital Partners

The WACA Ground, one of Australian cricket’s most historic venues, is set to be transformed into a “boutique community and sporting destination” after being granted a funding package from the Western Austr…

The Pro League, the top division of club football in Belgium, has approved a new expanded format with two more teams to play in the league for the next two seasons in an effort to avoid financial sanctions…

The National Football League's San Francisco 49ers are looking to increase their stake in newly-promoted Premier League club Leeds United

The National Hockey League has struck a partnership with New York-based Roman, which has been designated the official digital men’s health clinic of the 2020 Stanley Cup Playoffs and Finals.

McMahon faces rising pressure after audience retreats for key programs

Peacock streaming network hits 10m streaming subscribers in less than a month

The Saudi Arabia-backed consortium behind a bid for Premier League club Newcastle United has pulled out of the deal

The National Hockey League has struck a multiyear partnership with food and beverage company Nestlé Canada, which names KitKat the official chocolate of the league in Canada.

Saudi Arabia is appealing a World Trade Organization ruling that it has failed to protect intellectual property rights with regards the activities of pirate service beoutQ

Real Madrid is the world's most valuable football brand, according to an annual report by brand consultancy Brand Finance. The report says the Spanish club's brand is worth €1.419bn ($1.6

The Detroit Pistons have agreed to purchase the National Basketball Association G League's North Arizona Suns from fellow NBA team the Phoenix Suns

The National Hockey League has announced a multiyear North American partnership with pizza restaurant chain Little Caesars, which has been designated the official pizza delivery partner of the league

The Malaysian Football League has confirmed that it is taking legal action against Iflix, saying the OTT platform failed to honour a 10-year media rights contract agreed in 2018

Chiefs superstar buys into neighboring Major League Baseball team

Executive and director teams cut across wide gamut of sports industry

Six investment funds are said to have made binding offers to Lega Serie A, governing body of the top division of Italian club football, regarding a media company that would market broadcast rights

Paris FC has announced that Bahrain’s sovereign wealth fund has acquired a 20-per-cent stake in the French Ligue 2 football club and will become its main sponsor.

Company more than doubles prior Topps Now sales mark with card featuring popular immunologist