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.
Comcast has moved swiftly to counter the enhanced takeover offer submitted by 21st Century Fox for pan-European pay-television broadcaster Sky by entering a new bid to exceed that of its rival US media company.
The European Broadcasting Union, the consortium of European public-service broadcasters, has today (Wednesday) appointed Glen Killane to the new role of deputy director of sport as it continues to revamp its approach in the sector.
The countdown to the inaugural SportBusiness Summit continues with the addition of Rick Perna and Angela Ruggiero to a high-powered speaker line up of C-suite influencers whose ideas and decisions shape the sector.
The National Council of the Italian Olympic Committee (CONI) has today (Tuesday) unanimously decided to push forward with a bid for the 2026 winter Olympic and Paralympic Games, but has delayed reaching a verdict on which of the three proposals to back.