Finance & Money

The total purse at the US Open this year will pass the $57m (€51m) mark for the first time in the tennis grand slam's history, a rise of eight percent from 2018.

Ice Cube's Big3 basketball league has cut ticket prices by 50 per cent for the remainder of the 2019 season after attendances fell by approximately 3,000 fans per event

The board of the Six Nations rugby union competition is closing in on investment worth more than £500m (€558m/$628m) from CVC Capital Partners, according to the Daily Telegraph.

China's General Administration of Sport and National Development and Reform commission expects total consumer spending in the sports and fitness industry in China to hit CNY1

A parade in New York City to celebrate the United States women's national team's victory in the Women's World Cup was dominated by the squad's fight for equal pay and working conditions with the US Soccer…

The Brooklyn Nets are already cashing in on the recent free-agency signings of NBA superstars Kevin Durant and Kyrie Irving, with significant increases in ticket sales, merchandise sales, internet traffic,…

The Oceania Football Confederation (OFC) has been ordered to pay NZ$412,000 (€243,000/$274,000) to a contractor that worked on its Auckland-based Home of Football project – or risk the threat of being pla…

Ultra-high-net-worth individuals are in pole position when it comes to sports investing, according to Nic Couchman, partner at law firm Charles Russell Speechlys

US senator Joe Manchin, D-West Virginia, has proposed a bill that would prevent federal funding being provided for the 2026 Fifa World Cup until the US women’s national team receives the same level of p…

As France's Ligue 1 is staging a four-team tournament in Washington DC this week, Bob Williams looks at how it aims to expand its reach into the US and improve overseas media-rights income.

Highlights of the finance panel at the Sports Decision Makers Summit London. How are investors shaping sport?

Capital investors’ interest in football clubs is growing; their increasing profitability has attracted more new types of investor. But what does this mean for clubs and how can they best approach the opportunities and challenges? Jonathan Dyson investigates.

Matt Carroll, chief executive of the Australian Olympic Committee, tells Adam Nelson how a focus on athlete engagement, grassroots participation and community schemes has helped to boost the AOC’s commercial programme throughout the Olympic cycle.

This year's Basketball Without Borders Africa event will take place in Senegal on July 28-31, the National Basketball Association and world governing body Fiba have announced

Lagardère Sports and Entertainment has furthered its presence in the esports market by being appointed as the exclusive agency to market commercial rights to the PlayerUnknown’s Battlegrounds’ (PUBG) 2019…

The United States women’s national soccer team will look to cash in on their triumph at the Women's World Cup in France by embarking on a victory tour in the US later this year.

The R&A has today (Monday) moved to address the disparity in prize money for The Open and its women’s counterpart by announcing that the 2019 Women’s British Open will see its prize purse increase by …

Thai media are reporting a takeover bid of Muangthong by City Football Group, owners of Premier League champions Manchester City

Online payment platform Alipay announced it will provide 1 billion yuan (USD$145m) in funding for a 10-year project to boost China's women's football industry

Major League Baseball is expanding its international outreach by opening a regional office in New Delhi, India. It is MLB's sixth overseas office

US businessman Ron Gordon has today (Tuesday) agreed a takeover deal for Scottish Premiership football club Hibernian FC

Advertising and public relations giant WPP has today (Monday) agreed to sell its minority shareholding in sports, entertainment and communications group Chime to the company’s majority shareholder, US p…

The Royal & Ancient Golf Club (R&A) has announced modest increases to the overall purse and first-place payout of this year's Open Championship at Royal Portrush, Northern Ireland, on July 18-21.

Bali United, a football team in Liga 1 – the premiere division of Indonesia's professional league – has become Southeast Asia's first team to go public, raising $24.7m (€21.8m) o

Italian Serie A football club AC Milan has been banned from competing in the Uefa Europa League next season after breaching Uefa’s Financial Fair Play regulations.

Formula E chief executive Alejandro Agag has revealed that the electric car-racing series is set to make a profit for the first time during the 2020 season thanks to growing revenue generated from sponsorships,…

Chip Wilson, the founder of women's sportswear brand Lululemon, has acquired a 0.6-per-cent stake in Chinese sportswear company Anta Sports Products, in a deal worth $100m