Finance & Money

Ireland’s competition regulator has cleared CVC’s deal to invest in the Pro14 rugby competition, provided it alerts the competition authority if it goes onto acquire a stake in the Six Nations.

The merger of Kolkata-based Indian football clubs ATK and Mohun Bagan to form a new team playing in the Indian Super League has been confirmed

European football’s governing body Uefa has revealed that clubs in the continent’s top divisions were profitable for the second year running, as the percentage of total revenue generated by the ‘big five’…

A naming rights option to Everton’s proposed new stadium has been purchased by Russian billionaire Alisher Usmanov’s holding company USM.

Global investment holding company Tennor has agreed a deal with the Global Champions Tour (GCT) and Global Champions League (GCL) equestrian series, acquiring a stake held by US businessman, Frank McCourt

Spanish league champion FC Barcelona has topped the Deloitte Football Money League for the 2018-19 season, with total revenues of €840.8m (£741.1m/$935.9m

US sports entertainment company Topgolf has reportedly appointed investment bankers to aid a potential initial public offering (IPO) later this year

Indian Premier League cricket team Kings XI Punjab have reported a net profit of Rs44.55 crore ($6.2m) in 2019, up nearly 150 per cent on the Rs17.98 crore profit it reported in 2018

Russian billionaire Alisher Usmanov has revealed his interest in investing in English Premier League football club Everton

A two-year IPO freeze has hit Chinese sport companies, with numbers down and Wanda Sports’ listing a high-profile disappointment. How did ‘IPO fever’ fade, and will things change in 2020? Chen Yaolin reports.

In just a short amount of time, the Wizards have put themselves in prime position to become the NBA's most-popular team in Japan following the arrival of Rui Hachimura. Bob Williams discovers how they have done it.

Oceania's National Basketball League is enjoying unprecedented growth this year following the creation of the Next Stars program and subsequent arrival of National Basketball Association Draft Lottery prospects LaMelo Ball and RJ Hampton. Bob Williams looks at the impact on the league and its future.

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

The Professional Squash Association (PSA) has made its first external technology investment by agreeing to strengthen its ties with Sports Data Labs (SDL)

Spartan Race has announced it has an exclusive option to acquire Tough Mudder’s UK, Canadian and German events in a deal that would herald the merger of the two leading entities in the obstacle course r…

US daily fantasy sports (DFS) operator DraftKings is set to go public under a three-pronged deal with special-purpose acquisition company Diamond Eagle Acquisition and SBTech, an international provider…

Indian gaming company Baazi Games, owner of fantasy cricket game BalleBaazi, is planning to invest $5m (€4.5m) in new games-related companies.

The Board of Control for Cricket in India is proposing a new four-nation, annual, one-day international tournament starting in 2021 and featuring the sport's 'big three' national teams of India, England…

The Chinese Super League is introducing a range of financial sustainability measures, including a cap on salaries for foreign players of $3.3m (€3m).

The prize money on offer in the Australian Open tennis grand slam has increased by 14 per cent this year, to A$71m ($49m)

The Irish Rugby Football Union (IRFU) has dismissed reports that it could secure full control of Aviva Stadium amid the Football Association of Ireland’s (FAI) financial troubles, stating its investment pl…

German Bundesliga club FC Cologne has pulled out of a deal to run a football academy in China, but said it remains interested in co-operation with Chinese partners

Australian Pat Cummins has become the most expensive foreign player purchase in the history of the Indian Premier League, at the T20 cricket competition's 2020 auction

The Football Association of Ireland (FAI) has hit out at the Irish government, stating that Minister for Sport Shane Ross’ disclosure that the troubled body had requested an €18m ($20m) bailout has not…

Clubs in the Super League are reportedly considering selling a stake in the rugby league competition to a private equity firm

Major League Baseball’s (MLB’s) first-ever regular season games in Europe granted London an economic boost worth nearly £37m (€43.6m/$48.7m), according to the findings of a new report. Th

German telecoms giant Deutsche Telekom has claimed a first with the acquisition of a 25-per-cent stake in German esports organisation SK Gaming

Japanese advertising giant Dentsu is cutting about 3 per cent of its workforce outside of Japan as part of a restructure prompted by weaker-than-expected business performance

The Football Association of Thailand and King Power Group, the Thai travel retail company that owns English Premier League club Leicester City, have signed a memorandum of understanding that will underpin…

The National Basketball Players Association and players from the National Basketball Association's developmental G League are engaged in serious discussions about a potential unionizing effort, according …

Atrium Sports has agreed a deal to acquire US-based sports analytics firm Synergy Sports Technology, whose biggest investor is Mark Cuban, billionaire owner of NBA basketball franchise the Dallas Mavericks

The Infront agency has widened its involvement in the personal and corporate fitness space by investing in mass participation property Hyrox

Lagardère, the France-based media conglomerate, has announced plans to sell 75 per cent of the Lagardère Sports agency to H.I.G. Capital, the Miami-based private equity and asset management firm.

Deal values Two Circles at $42m, extends deep tie between Bruin Sports Capital and WPP

The Malaysian Football League announced on Saturday that it wouldn't be able to pay its clubs a planned second instalment of media rights revenue this year

Fifa is set to take legal action to reclaim CHF2m (€1.8m/$2.0