Featured Story

F1 CEO Ecclestone Fighting $1.57B Tax Bill As HMRC Reopens Family Trust Dispute

Published in SportsBusiness Daily Global on 05 / 22 / 15

F1 CEO Bernie Ecclestone is "fighting a tax bill" of more than £1B ($1.57B), after U.K. tax authority HMRC reopened a "long-running dispute over a family trust," according to Vanessa Houlder of the FINANCIAL TIMES. The high court heard on Thursday that Ecclestone had filed "three separate laws...

Read More

Tags: Finance, United Kingdom

More Stories

05/13/15
Premier League Promotes Lucrative Tours

With the Premier League medals decided, the sport's "marketing mammoth is looking east to mine the riches of Asia once again, promising value in return for a glimpse of its stars amid a small but growing resistant voice," according to Patrick Johnston of REUTERS. Champions Chelsea, Liverpool an ...

Tags: International Football, United Kingdom

05/13/15
Ranson Starts Sports Finance Exchange

Former Man City defender Ray Ranson is starting an "Internet-based sports finance exchange to lure asset managers" into lending to football clubs ranked below investment grade, according to Alex Duff of BLOOMBERG. Ranson aims to turn London Sport Exchange Ltd. into a $750M platform to "match teams w ...

Tags: Finance, United Kingdom

05/13/15
Pitch Key To Hibs-Edinburgh Ground Share

Former League One side Coventry City Manager Steven Pressley has warned that a ground-sharing arrangement between Scottish Championship side Hibernian and Edinburgh's professional rugby team "will only work if a new hi-tech playing surface is laid at Easter Road," according to Paul Forsyth of the LO ...

Tags: Facilities, United Kingdom

05/12/15
R&A Nears Deal With U.S. Broadcaster

The R&A "is on the verge of another broadcasting windfall," according to Ewan Murray of the London GUARDIAN. A "new multi-year deal to screen the Open Championship" in the U.S. is getting "close to completion." The current deal with ESPN is reportedly worth $25M a year and is set to expire in '1 ...

Tags: Media, United Kingdom

05/12/15
ECB On Defensive Over Moores Leak

The incoming head of English cricket defended the way that Peter Moores was sacked last week and said that "the vacant position is unlikely to be advertised," according to Richard Hobson of the LONDON TIMES. Cricketers Michael Vaughan and Alec Stewart "were among those heaping criticism" on the En ...

Tags: Leagues and Governing Bodies, United Kingdom

05/12/15
QPR In Standoff With Football League

EPL side Queens Park Rangers "have refused to back down in their stand-off with the Football League" over the threat of being issued with a fine of up to £57.9M ($90.2M) for "possible breaches of spending limits last season," according to Gary Jacob of the LONDON TIMES. The west London club on ...

Tags: Finance, United Kingdom

05/11/15
Lewis Hamilton, Mercedes In Deadlock

Lewis Hamilton and Mercedes F1 "are in deadlock over his new contract," according to Jonathan McEvoy of the London DAILY MAIL. Hamilton is demanding €200M ($224M) over three years, "a figure that would put him on a par with Sebastian Vettel at Ferrari as the highest-paid driver on the grid." Bu ...

Tags: Finance, United Kingdom

05/11/15
Hearts Could Stay At Murrayfield

Scottish Championship side Heart of Midlothian "could be set for a season-long stay at Murrayfield while Tynecastle is given a much-needed major upgrade," according to the SCOTSMAN. The Main Stand -- which is more than 100 years old -- "is in constant need of maintenance and repair, but is also home ...

Tags: Franchises, United Kingdom

05/11/15
Football Pirates Shift To Television

In his 32 years as a cop, John McGowan "oversaw investigations into murders, drug deals and terrorism," according to Rodrigo Orihuela of BLOOMBERG. These days, "most of his sleuthing involves" watching football in pubs and hotels. McGowan began working for a company that hunts for unauthorized broad ...

Tags: Media, United Kingdom

05/11/15
Strauss Confirmed In England Cricket Role

The expected appointment of Andrew Strauss as the new director of England Cricket and subsequent dismissal of Peter Moores as head coach were on Saturday "confirmed within minutes of each other" by the England & Wales Cricket Board, according to Ebrey & Munnery of the LONDON TIMES. Moores "h ...

Tags: Leagues and Governing Bodies, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug