Finance & Law

Football
Finance & Law

Sevilla has announced a 10-year refinancing agreement worth €108m ($118m) in a move the LaLiga club hopes will provide long-term stability and allow it to undertake its strategic plan with “full effectiveness”.
Football
Finance & Law

No other football league or competition in Europe will be able to use the name, The Super League, after the European Union Trade Mark Office sided with Denmark's Superligaen A/S.
Multiple Sports
Finance & Law

German sportswear company Adidas suffered a five-per-cent reduction in total revenues in 2023 and posted reduced operating profits of €268m ($293.2m) after severing ties with controversial rapper and fashion designer Kanye West’s Yeezy brand.
Football
Finance & Law

Premier League club Manchester United has today (Tuesday) announced record second-quarter revenues of £225.8m (€264.2m/$288.4m), with profits of £20.4m up from £6.3m over the same period a year previously.
Football
Finance & Law

Premier League clubs have risked a fallout with the UK Government after failing to agree a funding deal with the English Football League (EFL) over the distribution of future broadcasting revenues.
American Football
Stadia

The Chicago Bears, of the National Football League, is planning to build a new stadium just south of its current home, Soldier Field, with more than $2bn (€1.8bn) to be invested for the domed stadium.
Football
Finance & Law

Fifa is recruiting new executives to join its in-house legal team after a large number of senior legal counsels handed in their notice in the space of a few months, SportBusiness understands.
Motorsport
Finance & Law

German car maker Audi has acquired 100-per-cent control of the Swiss Formula 1 team Sauber, ahead of its previously planned arrival in the sport in 2026
Multiple Sports
Media

ITV suffered a 61-per-cent drop in pre-tax profits in 2023 amid an advertising slump and significant investment costs in its ITVX streaming service
Finance & Law

Premier League club Chelsea FC has announced a loss of £90.1m (€105.4m/$114.9m) for the 2022-23 financial year in the first accounts published since its takeover by Todd Boehly’s Clearlake Capital investment group.
US College Sport
Sponsorship & Marketing

Global experiences company Legends has announced a strategic partnership with name, image and likeness (NIL) collective-backer Blueprint Sports (BPSE) to provide Power Five schools with operational capacities,…
Football
Sponsorship & Marketing

The Premier League has tightened its rules on its member clubs striking inflated sponsorship and transfer deals with companies and organisations connected to their owners
Multiple Sports
Sports Betting

Fourth-quarter and full-year net losses at Genius Sports narrowed considerably in 2023 as the data, technology and broadcast services group posted revenues exceeding its initial guidance.
Multiple Sports
Industry Moves

Ivan Gazidis, the former chief executive of European football clubs Arsenal FC and AC Milan, is back in global sport after being named president of start-up investment fund Kilmer Sports Ventures.
Football
Finance & Law

Premier League club Aston Villa has announced a record loss of £119.6m (€139.7m/$151.6m) for the 2022-23 financial year after it spent heavily in pursuit of Champions League football.
Multiple Sports
Media

Diamond Sports Group, the owner and operator of 19 regional sports networks (RSNs) in the United States, has submitted its official re-organisation plan to the Houston court overseeing its Chapter 11 bankruptcy…
Football
Governance

Multi-club ownership (MCO) in women’s football is a necessity to growing the overall quality of the game and, eventually, commercial revenues, according to two leading protagonists.
Athletics
Finance & Law

Investment conversations that continue to be held by World Athletics are with global players and are being sparked by ongoing revamps to the sport to maintain its audience engagement, according to Sebastian…