Finance & Law

The sports shutdown caused by the Covid-19 pandemic has led to a 75-per-cent fall in second-quarter revenues at Wanda Sports Group, the owner of the Infront agency, among other interests in sport

23 Capital, the London-based lender that rose to prominence by delivering creative loans for the football and entertainment industries, appears to be winding down its activities after revenues across the…

Austin FC has announced it has sold out its season-ticket memberships for the club's inaugural Major League Soccer campaign in 2021

Billionaire hedge fund manager again nears control of MLB team

The English Premier League allowed 2,500 supporters to attend a friendly between Brighton and Chelsea in a test of Covid-19 measures - AFP/CNA

Former Jockey Club chairman Simon Bazalgette describes how the Covid-19 pandemic has forced him to adapt plans for a new consultancy business and how there will be an even greater need for right-holders to control operational costs when sport resumes. Ben Cronin reports.

The 2021 Hong Kong Marathon has been postponed. The race was due to take place on January 24

The University of California, Los Angeles (UCLA) has filed a lawsuit against United States-based sportswear brand Under Armour after the early termination of its sponsorship of its sports teams

American retail chain sees sales surges in fitness, golf categories

Private equity firms CVC Capital Partners and Advent International have come together to offer €1.3bn ($1.53bn/£1.17

US management firm ALK Capital has entered the UK football sector with strategic investments in London-based technology businesses AiScout and Player Lens

Mixed martial arts promotion, the Professional Fighters League, is seeking $50m (€42.3m) from outside investors to fund its expansion into overseas markets.

The Pro14 cross-border rugby union club competition will not feature any matches involving South African teams until at least 2021 after Port Elizabeth-based outfit Southern Kings voluntarily withdrew…

Chinese police, working with the US Golf Manufacturers Anti-Counterfeiting Working Group, seized more than 120,000 counterfeit golf products in raids of online golf retailers in four cities

The Australian Football League is to cut its workforce by around 20 per cent in a restructure prompted by an expected A$400m ($286m/€243m) loss of income this year due to Covid-19.

One-of-a-kind baseball card sold in auction for nearly $4m

Bellagraph Nova Group, the Singapore-registered company that says it is bidding to buy English Premier League club Newcastle United, has admitted manipulating images of its owners appearing with former…

India-based fantasy sports platform Dream11 is in talks with at least four private equity firms as part of its latest round of funding that could see its overall valuation break the $2.5bn (€2.1