Finance & Law
Glazers examine options for selling Manchester United
The owners of Manchester United have confirmed they are looking for outside investment in the football club and would consider selling it
Ludus seeks to make LDN UTD a global model after acquisition
London-based esports organisation LDN UTD has been acquired by Ludus Gaming, a digital sports and gaming investment vehicle with a focus on inclusivity in gaming
ESPN’s Pitaro given additional duties in Iger-led reorg of Disney
Sports network to have prominent role in shaping new direction for parent company
Record commercial revenues help Sevilla to cut losses
Spanish LaLiga club Sevilla has cut its losses, aided by record commercial revenues for the year ending June 30, 2022
Fifa revenues hit $7.5bn for Qatar 2022 cycle, late signings complete sponsor roster
Fifa's revenues for the four-year cycle around the 2022 World Cup are expected to be more than $1bn (€977m) greater than projected, as it filled the Qatar 2022 sponsorship portfolio with three late additions.
Jon Middleton on a mobile-first future in sports video gaming
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jon Middleton, chief executive of Nifty Games. Fisher and Russo also discuss the National Football League’s large-scale joint venture with Skydance Media, MaximBet’s decision to shut down its sportsbook operations, commercial issues surrounding the start of the 2022 Fifa World Cup, a new stadium deal for Major League Soccer’s NYCFC, and Liberty Media’s move to split off Major League Baseball’s Atlanta Braves.
DC attorney general levies second lawsuit against Commanders
NFL team accused of improperly withholding season-ticket deposit money
MSE halts FTX promotion, MLB also moving away from deal
Monumental Sports & Entertainment, parent organization of several North American pro teams, is stopping promotion of its FTX partnership after the cryptocurrency exchange filed for bankruptcy
ATP Tour, Challenger Tour payouts up by $37.5m in 2023
Men's tennis' ATP Tour and the ATP Challenger Tour player compensation will rise by $37.5m (€36.2m) in 2023 to $217.9m, marking the largest single-season increase for the men's tour.
Liberty Media to split Atlanta Braves off into a separate entity
MLB club to become part of its own publicly traded company
TSM suspends partnership with FTX
United States-based global gaming and entertainment company TSM is suspending its 10-year naming rights deal with FTX after the cryptocurrency exchange filed for bankruptcy
Manhattan West named lead investor of Formula 1 Exhibition
Global strategic investment firm Manhattan West has been named the lead investor of Formula 1 Exhibition, the motorsport series' international traveling exhibition and immersive experience concept which …
Sportradar stock soars after robust earnings report
Latest results extend year of growth for sports data and technology company
WTA’s Tennis in the Land partners with REG to drive growth
Tennis in the Land, the Cleveland, Ohio-based Women’s Tennis Association 250 tournament, has secured a multiyear partnership with Rock Entertainment Group (REG) to drive commercial growth around the e…
Adidas launches €1bn bond sale
German sportswear manufacturer Adidas has announced that it has successfully placed two bonds in an amount worth €1bn ($1.04bn) in total.
LaLiga revenues rise to €1.94bn, losses reduced
LaLiga, the organising body of the top two divisions of Spanish club football, saw revenues increase by 1.2 per cent to €1.94bn ($2.03bn) for the year ending June 2022, while losses were reduced to €6.1m,
UK government launches ‘Digital Rights Review’ for sports events
The UK government has today (Tuesday) launched a review into whether its free-to-air ‘listed events’ rules should be reformed to accommodate changes in the broadcast and consumption of major sporting eve…
De Vos approved for final FEI term, federation’s 2021 revenues detailed
Ingmar De Vos has been re-elected to serve a third and final term as president of the International Equestrian Federation (FEI)