Football
EXCLUSIVE: Fifa withdraws Wanda sponsorship rights over missed payments
Fifa is locked in a dispute with Dalian Wanda, one of its highest-paying sponsors, and has ceased activating the company’s sponsorship rights after the company missed scheduled payments in its contract with the federation.
Aston Villa reveals record loss in Champions League push
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.
Eight MLS, 11 MLS Next Pro sides to compete in US Open Cup as league breaks from tradition
Major League Soccer has announced that it will send just eight of its 26 US-based first teams to compete in the 2024 US Open Cup, the United States' nationwide club competition.
BeIN secures Turkish Süper Lig rights with improved bid as Saran cries foul
Pay-television broadcaster beIN Sports has been awarded a clean sweep of Turkish Süper Lig rights but the scrapping of the initial tender has been met with strong resistance from Saran Media, which warns it will “take all legal steps”.
MCO ‘essential’ to grow women’s football revenues, Mercury 13 set for first deal
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.
Advantage Fortuna as Czech league title sponsor tender includes matching right
The Ligové Fotbalové Asociace (LFA), the Czech league football association, has begun the search for a title sponsor for the top two divisions.
Betsson fends off competition to secure Inter Milan shirt deal
Sports betting and online casino operator Betsson is expected to be unveiled as Inter Milan’s new shirt sponsor after overcoming rival bids for the contract.
AC Milan to leave San Siro, Cardinale plans other Serie A stadium builds
AC Milan is to build the first new football stadium in Italy since 2011, after its US financier owner Gerry Cardinale outlined plans for a 70,000-seat sports and entertainment arena
TFF calls for new Turkish Süper Lig bids as tender scrapped
Pay-television broadcaster beIN Sports and the Saran Media agency must deliver fresh bids for Turkish Süper Lig rights after the initial invitation to tender was scrapped by the Turkish Football Federation …
Tebas slams ‘deceitful’ A22 for free-to-view Super League promise
Javier Tebas, president of LaLiga, has reignited his war of words with A22 Sports Management, the backers of the proposed breakaway European Super League (ESL), claiming the organisation is attempting…
Liverpool enjoys record commercial revenues as media and matchday income dips
Premier League club Liverpool has announced record commercial revenues of £272m (€317.6m/$344.4m) for 2022-23, up 10 per cent on the previous year, as overall club income remained static at £594m.
Dortmund taps Legends to overhaul e-commerce operations
Borussia Dortmund has announced a new multi-year agreement with global experiences and merchandising platform Legends to upgrade the German club's e-commerce offering.
Borussia Dortmund opens first US office, eyes quick revenue uptick
Borussia Dortmund is eyeing a doubling of its sponsorship revenue emanating from the United States after opening its inaugural office in the Americas, chief executive Hans-Joachim Watzke has declared
Chase acquires FA training kit branding rights across ‘home nations’
Digital bank Chase has signed as the ‘Official Banking Partner’ of the Football Associations of England, Scotland, Wales and Northern Ireland.
Serie A agrees five-year renewal to ISG virtual advertising contract
Serie A has agreed a five-year extension to its contract with the Interregional Sports Group (ISG) that sees the specialist agency deploy virtual advertising across all 380 matches in the Italian topflight.
Arsenal enjoys revenue boost in 2023, reduces losses to £34m
Premier League club Arsenal has announced a large rise in revenue, up to £464.6m (€543.1m/$588.8m) in 2023, thanks to higher broadcast and commercial revenues following strong on-pitch performances.
USL renews ESPN deal in three-year extension
The United Soccer League has renewed its media rights agreement with ESPN through 2026 for the USL Championship and USL League One, SportBusiness understands
Uefa in market for 2024-27 rights-holder in Baltics after Viaplay exit
The Team Marketing agency is to go to market with Uefa club competition broadcast rights in the Baltic countries shortly after the exit of Viaplay from the region.