Finance & Law
David Berdugo | Money management issues for athletes during the Covid-19 crisis
David Berdugo, manager for the sports and entertainment department for the MBAF accounting firm, explores the large-scale impact of the Covid-19 pandemic has levied upon professional and amateur athlete income.
Round-Up: Infantino investigation, Intel takes Jio stake, Cricket Australia player pay agreement, and more
Formula One motor-racing returned at the weekend after its Covid-19 suspension with a grand prix behind closed doors at Austria's Red Bull Ring
Wigan Athletic administration is a ‘global scandal’, MP says
Pressure is growing in the UK for an inquiry into the events that placed English Football League club Wigan Athletic into administration
Conflict of interest doubts raised over Infront-DFB investigation process
Questions over a potential conflict of interest have been raised with regards to the findings gathered by a Berlin-based investigative firm that has levelled various corruption allegations against the…
Texas Pacific Group and Bank of America also ‘interested’ in Serie A investment
A total of eight private equity funds and banks could be interested in investing in a new company to market Serie A’s media rights.
World Athletics condemns RusAF for failing to pay $5m doping fine
World Athletics president, Sebastian Coe, has said the Russian Athletics Federation (RusAF) is falling “well short of expectations” after confirming that the world governing body has not received the pay…
Round-Up: Russia fails to pay athletics fine, overseas IPL ‘likely’, Sha Tin Racecourse opens to punters, and more
World Athletics has halted the process allowing Russian track and field athletes to compete internationally as neutral athletes after Russian Athletics missed a deadline to pay a $6
Garth Shephard: ‘The sports tech market feels like it’s going through an early adopter phase’
Garth Shephard, a partner at recently-launched sports tech investor and adviser Sightline Ventures, discusses how technology is driving sport in response to generational shifts and how swifter adoption of new technologies will keep significant new revenue within sport and not in the pockets of third parties
New Zealand government suspends payments amid America’s Cup scandal
The New Zealand government has suspended all further payments to the events arm of the 36th America’s Cup amid concerns over the use of funding for the sailing showpiece, which takes place in Auckland n…
Serie A to continue weighing up private equity offers
Italian football’s Lega Serie A has decided to continue to examine proposals from private equity investors following a general assembly meeting.
Wigan Athletic enters administration after Hong Kong takeover
English football club Wigan Athletic has gone into administration less than four weeks after being taken over by a Hong Kong-based partnership
IOC underlines continued financial backing as Lausanne YOG to net CHF400,000 surplus
The Lausanne 2020 Youth Olympic Games expect to record a surplus of CHF400,000 (€376,000/$423,200) after generating income of CHF37.7m in cash and CHF10.8m in value in kind.
World Athletics eyes mass participation boost and doubling of sponsors in four-year plan
World Athletics has stated it ambition to double its number of commercial partners, align its hosting protocols with the needs of cities and broaden the mass participation components of its business in…
Matchroom Multi Sport becomes wholly-owned subsidiary of Matchroom Sport
Events promotion company Matchroom Sport has announced that Matchroom Multi Sport has today been spun off to become its own wholly-owned subsidiary
Fifa bans ex-finance director Kattner over bonus payments
The adjudicatory chamber of the Fifa’s Ethics Committee has found Markus Kattner, world football’s governing body’s former finance director, guilty of conflicts of interest and having abused his posit…
Cricket Beyond Covid | Connor, Gould and McCrum on the postponement of The Hundred
In part 2 of our cricket roundtable interview with Clare Connor, managing director of Women's cricket at the ECB, Jake Lush McCrum, chief operations officer for the Rajasthan Royals and Richard Gould,…
Minor League Baseball cancels entire 2020 season
O'Conner says affiliated minors "in dire straits"
Round-Up: Afcon postponed, TrueVisions threatens FAT, Adidas and Puma join #StopHateForProfit, and more
The 2021 Africa Cup of Nations in Cameroon has been pushed back to 2022 due to Covid-19