Finance & Law
Birmingham Mayor calls for regional backing to address World Games debt
Randall Woodfin, Mayor of Birmingham, Alabama, has called on the US city’s regional partners to assist in addressing over $15m (€15.1m)
Dick’s Sporting Goods stays optimistic amid sales decline
Prominent retail chain raises its full-year earnings guidance
Chinese sportswear firms Anta, 361 Degrees and Xtep report strong interim financial results
Three of China's leading sportswear companies - Anta, 361 Degrees and Xtep - have defied a challenging business environment in their home market to announce strong increases in revenue for the six months…
Angels owner Arte Moreno to explore selling team
Major League Baseball’s Los Angeles Angels owner Arte Moreno announced that they have retained Galatioto Sports Partners as financial advisors to assess strategic options, including the possible sale o…
Woods, Mcllroy unveil TMRW Sports technology venture
Golf superstars Tiger Woods and Rory McIlroy have teamed up to create TMRW Sports, which will focus on building "technology-focused ventures that feature progressive approaches to sports, media, and entertainment
Matchroom Sport and group companies posted £17.8m profit during Covid-hit year
Revenues at Matchroom Sport and its group subsidiaries reached £189.
Sport Republic and Brentford owner among fresh Sport Buff investors
Gamification and on-screen engagement company Sport Buff has secured a further $2.5m (€2.5
DFL ‘hires Deutsche Bank’ to aid media rights equity sale talks
The German Football League (DFL), organising body of the top two divisions of the domestic game, is reported to have engaged financial services group Deutsche Bank to lead the potential sale of a stake…
Sport Republic begins to roll out multi-club vision with Göztepe takeover
Sport Republic, owner of English Premier League club Southampton, has made the first addition to its planned multi-team business model by acquiring a controlling stake in Turkish second-tier outfit Göztepe.
Betting-linked news website 1xBat Sporting Lines sponsors Kerala Blasters
Sports news website 1xBat Sporting Lines has agreed a deal to be presenting sponsor of Indian Super League team Kerala Blasters for the coming 2022-23 season
Arctos Sports Partners buying into Jazz parent company
Sports investment fund expands upon existing holding in MLS' Real Salt Lake
IMMAF sells hosting and commercial rights to ISMM
The International Mixed Martial Arts Federation (IMMAF) has appointed a company named International Sport Management and Marketing (ISMM) to oversee the distribution of the hosting rights for its World…
MSG Entertainment eyes spinoff as MSG Sports posts records
Dolan considers further changes as team business sees strong growth
US Open prize fund tops $60m for first time
US Open prize money will top more than $60m (€59m) for the first time this year, up from $57.5m in 2021, the United States Tennis Association has announced.
Penn Entertainment acquires remaining Barstool Sports equity
Deal slated to close in February 2023
Viaplay threatens TV2 with lawsuit over Premier League clips
Viaplay Group has threatened legal action against Norwegian commercial broadcaster TV2 over its use of clips from the English Premier League
Ineos chief Ratcliffe interested in Manchester United takeover
Sir Jim Ratcliffe, chairman and chief executive of chemicals group Ineos, is interested in acquiring a stake in Manchester United, with a view towards assuming control of the English Premier League football…
Deloitte: European football market bounces back after pandemic dip
The European football market saw revenues grow by 10 per cent to €27.6bn ($28.1