Finance & Law
Endeavor looks to buy rest of UFC as part of IPO bid
Buyout of shares it doesn't already own key part of revived plan to go public
New Zealand Rugby confident about ‘transformational’ private equity deal
New Zealand Rugby's chief executive Mark Robinson has said that he is confident a proposed private equity investment deal for the union will go ahead despite recent concerns expressed by players
Developer of NBA Top Shot gains $305m in funding
Large group of high-profile investors reflect surging fan interest in NFTs
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
EFL secures £117.5m MetLife loan to support Championship clubs
The English Football League has secured a £117.5m ($161.7m/€137.8m
Best of 2021 | Private equity investment raises question of control for governing bodies
As more private equity companies are investing in governing bodies and federations in sport, Frank Dunne looks whether such investments can raise concerns about the balance of power between investors and recipients.
Six clubs disqualified from Chinese football leagues
The Chinese Football Association has disqualified six clubs from taking part in professional leagues in the 2021 season, as a result of financial problems
NZRPA rejects New Zealand Rugby’s proposed Silver Lake deal
The New Zealand Rugby Players Association (NZRPA) has moved to oppose New Zealand Rugby’s proposed deal to sell a stake in the organisation to US private equity firm Silver Lake, citing concerns over p…
Eleven expands further with Team Whistle acquisition
Deal seeks to advance broadcaster's bid to become global media destination
Bundesliga could offer investors ‘up to 25.1-per-cent stake’ in new global media and esports units
The German Football League (DFL) has sent a prospectus to investors outlining how it could share up to a 25.1-per-cent stake in a new unit marketing the Bundesliga’s international media and esports rights.
Premiership rugby clubs propped up with £88m government funding package
English Premiership rugby union clubs will receive £88m (€103.3m/$121.6m
Ken Goldin on the historic boom in sports trading cards and collectibles
In this week's episode, podcast co-hosts Eric Fisher and Chris Russo interview Ken Goldin, founder and chairman of New Jersey-based Goldin Auctions. Eric and Chris also discuss the recent fundraising round for sports merchandising giant Fanatics and venue naming rights deals in Miami, Florida, and New Orleans, Louisiana, and further unpack the National Football League's landmark set of domestic media rights agreements.
Private equity deal to usher constitutional change at Rugby Australia
Rugby Australia chief executive Hamish McLennan said planned private equity investment will lead to modernisation of the sport's structure in Australia, as well as shoring up its ailing finances
Round-Up: Fiji rugby seeks investors and sponsors, Brown: at least 20 F1 races this year, IPL sponsorship deals, and more
McLaren Formula One chief Zak Brown expects the motor racing series to pull off at least 20 of its planned 23 races this year
Failure of EFL salary cap points to need for cooperation and pragmatism
Toby Duthie, founding partner of accounting and consulting firm Forensic Risk Alliance and Matthew Coomber, associate with the firm, say there is a clear opportunity to change governance in English football and secure the long-term financial health of the game
Uefa set to rework FFP rules
Uefa, football’s European governing body, is set to rework its Financial Fair Play (FFP) rules in light of the difficulties facing clubs during the Covid-19 crisis.
NCAA hires law firm to aid gender equity probe
Governing body amplifies investigation into basketball tournament issues
IMG lays out counterclaim over DAZN’s terminated Serie A deal in Brazil
The IMG agency is claiming up to $11.5m (€9.8m) in a legal case between itself and DAZN over the OTT subscription broadcaster’s terminated deal for Serie A broadcast rights in Brazil.