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.
Public relations and integrated communications agency Hill+Knowlton Strategies (H+K) has been hired by LaLiga, the organising body of the top two divisions of Spanish football, to broaden its reach across Africa.
Novak Djokovic today (Tuesday) moved to play down talk of a boycott amid reports that tennis is facing the latest challenge to its established order after the 12-time grand slam champion was said to have used a player meeting held prior to the start of the Australian Open to issue a call for greater prize money in the sport.
The Guardia di Finanza, Italy’s financial police, have submitted reports about possible suspicious activities in relation to the sale of Italian Serie A football club AC Milan to a group of Chinese investors last year.
English Premiership rugby union club London Irish has denied reports of an imminent takeover, but has admitted its is considering a number of investment offers as it seeks a return to its status as a leading force in the domestic game.