Finance & Law
Ex-Tennis Australia director fined in Seven rights case
Former Tennis Australia director Harold Mitchell has been fined A$90,000 (€54,721/$63,903), but cleared to continue acting as a company director, in a Federal Court ruling on his role in a contentious b…
Premier League makes revised EFL bailout offer that includes some Championship clubs
The Premier League has made a revised emergency funding offer to help clubs in the English Football League affected by the Covid-19 pandemic
Spanish government rubber stamps gambling sponsorship decree
The Spanish Government has approved the Royal Decree on the Commercial Communications of Gambling Activities, a measure that will severely restrict gambling sponsorship in domestic sport
Canal Plus Poland’s IPO launched with 21.6m shares offered
Polish pay-television broadcaster Canal Plus Polska has today (Tuesday) published the details of its initial public offering, following approval from the Polish Financial Supervision Authority (KNF)
Silver: ‘Time is running out’ for NBA pre-Christmas restart
Keeping intended timetable will require deal with union in coming days
Supreme Court rejects NFL, DirecTV appeal in Sunday Ticket suit
US high court declines to review antitrust suit
Formula E formalises Extreme E relationship with minority shareholding
Formula E has made a strategic investment in Extreme E, formalising the close relationship that already exists between the two electric racing series
Reimagining the financial future of lower-league football
Omar Chaudhuri and Ben Marlow from consultancy firm 21st Club examine the trends driving football’s underlying financial crisis and suggest a new approach and competition format designed to reduce costs and promote sustainability.
World Sailing renews with Rolex, earmarks new sponsorship revenue to repay IOC loan
World Sailing, the world governing body of the sport, has extended its long-running sponsorship with the Swiss watchmaker Rolex and intends to bring in new sponsorship revenue of at least £1.5m (€1.67m/$1.94
Ex-Fox executives denied in bid to be tried separately from Full Play
Hernan Lopez and Carlos Martinez, two former executives at US-based media group 21st Century Fox, have failed in their attempts to have a separate trial from sports marketing agency Full Play as part of…
UK report details high level of professional activity on StubHub, Viagogo
Gross volume on both sites concentrated among small pool of resellers
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
Football finance | How the EFL can build a bridge to post-Covid sustainability and profitability
Legal practice Charles Russell Speechlys has outlined a plan to help English Football League clubs survive, restructure and rebuild in the face of the Covid-19 pandemic. Kevin Roberts reports.
Mets sale to Cohen receives MLB, New York City approval
Hedge fund billionaire immediately begins making his mark on the franchise
Al-Khelaïfi acquitted, Valcke given 120-day suspended sentence in Fifa case
BeIN Media Group chairman and Paris Saint-Germain president Nasser Al-Khelaïfi has been acquitted of inciting aggravated criminal mismanagement while former Fifa secretary general Jérôme Valcke has be…
WWE plans large-scale McMahon Netflix documentary, remains bullish on viewership
Film project to include Bill Simmons as executive producer
RFU braced for £145m in lost revenues as ‘mid-case’ scenario
Bill Sweeney, chief executive of England’s Rugby Football Union (RFU), has forecast that the body will lose around £145m (€161m/$188m) in revenues in the short term as a “mid-case” scenario after the orga…
Round-Up: Tokyo Olympic volunteer training restarts, Indonesian football postponed, NZ Golf Open cancelled, and more
Online training sessions for volunteers at next summer's Tokyo Olympics and Paralympics have resumed following a roughly eight-month suspension due to the Covid-19 pandemic - Japan Today