Finance & Law

Private equity giant CVC Capital Partners has today (Thursday) sealed its investment deal with Six Nations Rugby, the official organising body of rugby unions’ Six Nations Championship and Autumn Internationals.

The International Olympic Committee’s Olympic Channel broke even in 2020, according to Thomas Bach, who was today (Wednesday) re-elected as IOC president.

Retail chain to open more experiential Dick's House of Sports

World Rugby’s Executive Committee has formally authorised a recommendation to postpone this year's Women's Rugby World Cup in New Zealand to 2022.

Rugby Australia is stepping up its efforts to secure private equity investment as it looks to prop up finances that were already stretched even before the Covid-19 pandemic

Sports and entertainment consulting firm Elevate Sports Ventures has made a significant move into US college sports by acquiring ticket pricing, analytics and distribution consulting company Dynamic Pricing…

ITV, the UK free-to-air commercial broadcaster, has included a £23m (€26.9m/$32m) sports rights impairment charge in its full-year results as the effect of Covid-19 on the sporting calendar took hold.

Mexico’s telecoms regulator, the Federal Institute of Telecommunications (IFT), has granted a fresh extension for the sale of the Mexican arm of pay-television broadcaster Fox Sports.

A decline in ticket and transfer income brought on by the Covid-19 pandemic has been blamed for causing the total revenues generated by clubs in Germany’s top-flight Bundesliga and second-tier 2.

The Sportfive agency has furthered its activity in the esports sector by acquiring Germany-based esports consulting and activation agency Build A Rocket

United Soccer League Championship expansion team Queensboro FC has brought in former United States women's national team member Aly Wagner as an investor in the club

Brydens Lawyers, a major sponsor of Australian sport, has called for its sponsorship decals to be removed from the basketball court of the Sydney Kings because players are slipping on the surface

English Premier League football club Arsenal has seen its losses increase year-on-year by over £20m (€23.3m/$27.7m), as Covid-19 impacts on its financial position.

In this week's episode, podcast co-hosts Eric Fisher and Chris Russo interview Chris Bevilacqua, co-founder and chief executive of sports betting startup Simplebet. Eric and Chris also discuss the warning issued by Comcast Corp. chairman and chief executive Brian Roberts regarding the company's future sports rights, and recent transactions involving sports marketing outfit Playfly Sports and mobile commerce company VenueNext.

The Wilf family, who are majority owners of the National Football League's Minnesota Vikings, are reportedly in talks to purchase Major League Soccer team Orlando City SC

Newcastle United owner Mike Ashley has reaffirmed his commitment to sell the club to Saudi Arabia’s Public Investment Fund, in spite of losing two early skirmishes in an arbitration hearing against the E…

The impact of the Covid-19 pandemic on football club finances has been underlined again as Manchester United reported a £64.2m (€74.4m/$88.8m) year-on-year rise on net debt to £455.5m

National Basketball Association superstar Kevin Garnett has declared himself out of the running to purchase his former team, the Minnesota Timberwolves