An investment group led by former Washington Capitals co-owner Jon Ledecky and Scott Malkin has struck a deal to acquire a “substantial” minority stake in the New York Islanders that will increase to a controlling shareholding in the National Hockey League franchise in two years’ time.
Paris 2024 has today (Thursday) wound up its bid committee for the summer Olympic and Paralympic Games, reporting a budget surplus exceeding €5m ($6m) which it claims represents a “remarkable feat” in bidding history for major sporting events.
The International Cricket Council has today (Thursday) charged Rajan Nayer, a cricket official in Zimbabwe, with three counts of breaching the ICC Anti-Corruption Code in the latest match-fixing episode to hit the sport.
Couchmans has today (Thursday) revealed that it is to join forces with fellow law firm Charles Russell Speechlys to establish a full-service sports law offering in an effort to create a standard bearer for the industry.
South and North Korea have today (Wednesday) reached an agreement to field a joint women’s ice hockey team at the 2018 winter Olympic Games along with marching together under a “unified Korea” flag at the opening ceremony, while the North has also committed to its first winter Paralympic Games.
The Ladies Professional Golf Association (LPGA) has announced it will return to Los Angeles for the first time in over a decade, with Korean companies Hugel and JTBC title sponsoring a new tournament at Wilshire Country Club.