Finance & Money

Motor-racing championship Formula 1 saw its operating income rise by $5m (€4.54m) year-on-year, despite a fall in revenue, as this was offset by reduced costs.

Italy-based commercial broadcaster Mediaset has raised its interest in German counterpart ProSiebenSat.1 through the acquisition of a 5.5-per-cent stake

The National Women’s Hockey League has been branded a "glorified beer league" by former Boston Pride player Hilary Knight.

United States women’s national team players have been granted class certification by a California district court in their equal pay lawsuit against the United States Soccer Federation.

Cross-code rugby international Sonny Bill Williams has reportedly been given a minority stake in the Toronto Wolfpack as part of a lucrative move to the newly-promoted Super League side

Discovery, the US-based media group that owns pan-European sports broadcaster Eurosport, has reported third-quarter revenues of $950m (€860m) at its international division, a 4-per-cent rise on the equivalent f…

The immediate economic impact of the move by the Confederation of African Football to cancel its global media and sponsorship rights agreement with the Lagardère Sports agency was today outlined by Lagardère, a…

Italy-based broadcaster Mediaset and French media group Vivendi are in talks to resolve their dispute over the former’s plans to merge its Italian and Spanish businesses, according to the Reuters news a…

Professional services group PwC has released its annual Sports Outlook report, which forecasts that the North American sports market will grow at a compound annual rate of 3.2 per cent, from $71.1bn (€64.2

Seven-team competition is first professional soccer league in Canada since 1992 Clubs have averaged 4,300 fans a game but OneSoccer digital ratings not made public

With the world's first transatlantic sports team, the Toronto Wolfpack, set to play in the English Super League from the start of the new season, Bob Williams looks into how the unique arrangement is benefiting both the club and the sport of rugby league.

Despite NBA commissioner Adam Silver’s best efforts, the wound from Daryl Morey’s pro-Hong Kong protest tweets will have lasting repercussions on the future of basketball in China, not least among fans and sponsors. Industry insiders in China tell SportBusiness about Chinese sentiment on the ground.

The allure of promotion and Premier League success has led many an English football team into financial ruin, but liquidations remain rare. With so many rescued from oblivion over the past decade, Callum McCarthy examines why so many see opportunity in struggling football clubs.

Witold Bańka, the Polish Tourism and Sports Minister who will take over as the new president of the World Anti-Doping Agency on January 1, has called on sport’s commercial sponsors to contribute financially to…

Premiership Rugby has today (Tuesday) handed Saracens a 35-point deduction and a fine in excess of £5m (€5.8m/$6.45

Pair of deals provide large infusion of new cash to fund further expansion of sports operating and holding company

The Hulman family will end more than seven decades of control over Indianapolis Motor Speedway (IMS) after a surprise deal for subsidiary of the Penske C0rporation to take over the iconic motor-racing…

US prosecutors, regulators exploring whether sports apparel and footwear giant shifted sales across quarters to make itself appear healthier

Bundesliga club Eintracht Frankfurt plans to open its regional office in New York City in January 2020, SportBusiness has been told.

Cricket Australia posted an operating surplus of AUD$18.2m (€11.3m/$12.6m) in 2018-19 with overall revenues totalling AUD$485.9m. Revenue from continuing operations stood at AUD$474.3

Formula One and the International Automobile Federation (FIA) have today (Thursday) revealed the set of new regulations that will seek to overhaul the motor-racing championship from the 2021 season, headlined…

US daily fantasy sports (DFS) operator DraftKings is in advanced talks over a sale to special-purpose acquisition company Diamond Eagle Acquisition, according to Bloomberg

LaLiga, the organising body of the top two divisions of Spanish football, has posted €1.865bn ($2.072bn) in media-rights revenue for the 2018-19 season, an increase of 10 per cent on the previous campaign.

The Arena Football League is on the brink of folding after its six franchises closed local business operations

The NCAA has taken its first step towards allowing college athletes to cash in on their fame after the Board of Governors voted unanimously to permit students to “benefit from the use of their name, im…

Wolverhampton Wanderers chairman Jeff Shi has said that Fosun International is seeking to sell a stake in the English Premier League football club, with the effort looked upon as a means for the Chinese…

Esports entertainment company Modern Times Group (MTG) has today (Tuesday) launched a strategic review of its gaming vertical, which could result in the formation of a joint venture partnership and an…

Milan’s two historic football clubs, AC Milan and Inter Milan, have announced their financial results for the last year, demonstrating the contrasting fortunes of the two teams.

The NCAA's top decision-makers will meet on October 29 in Atlanta, Georgia, to discuss whether it would be feasible to allow athletes to profit from their names, images and likenesses while still preserving …

United States Soccer Federation president Carlos Cordeiro has revealed he was "very disappointed" that mediation talks between the governing body and the US women's team over equal pay and other workplace…

Former University of Tennessee defensive end Corey Vereen has withdrawn from the XFL after being drafted by the Los Angeles Wildcats, citing a far lower than expected salary.

China has stepped in to bankroll the construction of the main stadium for the 2023 Pacific Games in the Solomon Islands, after the host nation struggled to fund the project

Fifa has agreed to double its investment in women’s football over the course of the cycle spanning 2019 to 2022, along with endorsing a reforms package which will seek to rein in the commissions that a…

The Welsh Rugby Union (WRU) has announced a planned loss of £4.3m (€5m/$5.5m) for the year ending June 30, 2019, with a turnover of £90.5m. The WRU also announced that it reinvested a record £49.6m a

Fifa plans to significantly increase bonus payments to players at the 2023 Women's World Cup

The National Football League's San Francisco 49ers have unveiled an innovative new season-ticket model, which includes access to unlimited food and drink options

The International Paralympic Committee (IPC) has published its financial report for 2018, showing that both revenues and expenditures surpassed €24m ($27m/£20.1m) for the year.