Finance & Law

Belgian footballer Romelu Lukaku has become the latest athlete to invest in and become an ambassador of wellness brand Therabody

The Lawn Tennis Association has published its financial statements for 2020, showing the impact that the Covid-19 pandemic has had on the British tennis governing body

Revenues at ATP Media, the ATP Tour’s international media rights sales and broadcast production arm, fell by 38.3 per cent in 2020 to $86.1m (€70.6m)

American retailer reports robust earnings for fiscal first quarter

League, union also set 2022 salary cap ceiling of $208.2m

Broadcasting women’s football on traditional and digital platforms represents a significant growth opportunity, according to a new report on the state of the global women’s game issued by Fifa.

Minority investor claims current owner Taylor violating tag-along rights

SportBusiness has conducted a series of interviews with senior figures from European football, asking them to define a ‘sustainable’ economic model for the game on the continent. In the fourth article in the series, football economist and author Stefan Szymanski argues a degree of financial instability is an inevitable part of European football.

The International Boxing Association (Aiba), the sport’s world governing body seeking to implement reform and recover its role in organising boxing events at the Olympics, has announced today (Wednesday) t…

German Bundesliga side Borussia Dortmund has projected total losses of €75m (£65m/$91m) for the current financial year, the club has said in a statement. 

French Ligue 1 club Paris Saint-Germain has set a first for a European football team by opening a permanent retail store in the US as part of its deal with global sports merchandising company Fanatics

Fnatic, the London-based esports organisation, has announced a $17m (€13.9m) funding round led by Japanese conglomerate Marubeni Corporation.

Uefa, football’s European governing body, has opened disciplinary proceedings against Spanish LaLiga clubs Barcelona and Real Madrid and Italian Serie A outfit Juventus over their role in the breakaway E…

SportBusiness has conducted a series of interviews with senior figures from European football, asking them to define a ‘sustainable’ economic model for the game on the continent. In the third article in the series, Frank Dunne speaks to Stuart Turner who served as the Football Association’s head of broadcast, from 2004 to 2011, and commercial director, from 2011 to 2016.

Cancelling the 2020 Tokyo Olympics and Paralympics would cost Japan an estimated ¥1.8tn ($16.5bn/€13.5b

Investors allege MLB club owner conspired to improperly boost equity stake

Sports investment company Aser Ventures has acquired a strategic stake in Stockholm-based digital marketing agency Creed Media

Spanish LaLiga football club Atlético de Madrid has called an extraordinary general meeting of its shareholders in a bid to shore up its financial position with a capital increase of €181.8m ($222.8m).