Finance and Law
Blast’s €12.5m funding to accelerate streaming platform plans
Esports tournament organiser Blast has secured €12.5m ($13.5m) in a funding round led by Rocket Software chief executive Johan Gedda.
DCMS piracy session could impede Newcastle’s £300m Saudi takeover
The proposed £300m (€339m/$366.4m
Hong Kong group in ‘multi-million pound’ acquisition of Ospreys
Hong Kong-based investment group Y11 Sports & Media has completed a deal to take a 75.1-per-cent stake in Welsh rugby union club Ospreys
DBS bank bullish on esports investments in Asia
Bank’s investment office is recommending investments in esports and gaming.
Says Covid-19 will accelerate sector growth in Asia-Pac.
Sees game developers as the biggest beneficiaries of growth.
Failure to insure against pandemic will catch out many Asia-Pac sports properties
Only a handful of the biggest sports events globally were insured for the Covid-19 interruption. Tommy Elliot of specialist events insurer Circles Group tells SportBusiness about the implications for sports properties, and for his own industry.
Chris Winn | “Football is easy; life is complicated”
Chris Winn, finance academic at University College of Football Business and former co-author of the Deloitte Annual Review of Football Finance, reflects on the financial concerns in the world of the English Championship in the face of the Covid-19 pandemic
‘Some clubs will really struggle’ | Tifosy CEO Fausto Zanetton on surviving the shutdown
Fausto Zanetton, chief executive of Tifosy Capital & Advisory, discusses why player salaries have become such a burning issue for clubs, the knock-on affects of France’s media rights cycle, and the potential long-term impacts of the shutdown.
Ironman’s new investors will focus on content and virtual racing to unlock value
Ben Cronin looks at Advance Publications and Orkila Capital's recent acquisition of Ironman, and how it will be looking to capitalize on the event despite much of the audience and participants of the mass participation series being under lockdown.
Chris Russo | Six questions facing the US sports betting industry
Chris Russo, chief executive of Fifth Generation Sports, explores the ramifications of the ongoing Covid-19 pandemic on the still-developing world of legal US sports betting.
Michael Bapis | Covid-19 bringing unprecedented volatility to the markets
Michael Bapis, managing director with Vios Advisors at Rockefeller Capital Management, calls for calm and focus in the face in the historic market disruptions due to Covid-19
HBSE flexing its financial muscle thanks to appointment of head of investments
Owners of NBA Philadelphia 76ers and NHL New Jersey Devils have taken a significant step to develop their wider business interests with appointment of David Abrams to senior executive role