Featured Story

Gao Receives China-Backed Bank Funding For Southampton Takeover

Published in SportsBusiness Daily Global on 08 / 18 / 17

Premier League side Southampton's new owner funded his £200M ($257.5M) takeover of the club "with a loan from a Chinese government-backed bank in Hong Kong," people familiar with the matter said, according to BLOOMBERG. A Chinese investor g...

Read More

Tags: Finance, United Kingdom

More Stories

04/11/17
Grand National Draws Low Audiences

Exceptional weather on Grand National day has been "suggested as one reason for an abrupt decline in the viewing figures" for Saturday's race, which was broadcast on ITV for the first time, according to Greg Wood of the London GUARDIAN. ITV Racing’s coverage of One For Arthur’s vict ...

Tags: Media, United Kingdom

04/11/17
Reading May Be Denied Promotion

League Championship side Reading is "in danger of being blocked" from entering the Premier League if it secures promotion this season, according to Ben Rumsby of the London TELEGRAPH. A proposed Chinese takeover of the club was "provisionally cleared" by the English Football League last week wi ...

Tags: Franchises, United Kingdom

04/11/17
ECB To Spend More Than £6M On Marketing

The England & Wales Cricket Board will spend more than £6M ($7.5M)-a-year on "marketing and running the proposed new Twenty20 tournament," according to Elizabeth Ammon of the LONDON TIMES. The budget "completely eclipses anything previously spent on the marketing of English domestic cricke ...

Tags: Marketing and Sponsorship, United Kingdom

04/10/17
Rugby Players, Execs Revolt Against Plans

The "open revolt among rugby's players and coaching staff" against plans to extend the Premiership season to 10 months has "deepened," with one recent England int'l labeling the plan "unsustainable madness," according to Sam Peters of the London DAILY MAIL. Rugby Players' Association Chair Christian ...

Tags: Leagues and Governing Bodies, United Kingdom

04/10/17
CL Final Could Be Played Under Closed Roof

The 2017 Champions League final in Cardiff "could be played under a closed roof for the first time," according to the London INDEPENDENT. UEFA will make the decision "closer to the June 3 final" at the Principality Stadium, local organizing committee execs said on Friday. The roof of the 74,500-capa ...

Tags: Facilities, United Kingdom

04/10/17
EPL Clubs Pay Record £174M To Agents

Premier League clubs paid a "record" £174M to agents during the year which included the summer '16 and Jan. '17 transfer windows, the first since the start of the league’s current £8.3B three-year TV deals, according to David Conn of the London GUARDIAN. Figures released by the FA ...

Tags: Finance, United Kingdom

04/10/17
Arsenal Players Could Lose £5M

Arsenal players will "lose out on bonuses" worth about £5M ($6.2M) if they fail to qualify for the Champions League, according to Gary Jacob of the LONDON TIMES. The club rewards the squad when it reaches the group stage of the competition "t ...

Tags: Franchises, United Kingdom

04/10/17
London City GP A Possibility

New rules paving the way for a Monaco-style street-based grand prix have "come into force, allowing motor sports on closed public roads," according to Damien Gayle of the London GUARDIAN. The changes, which came in on April 3, "will clear the way for motor sports promoters to apply for permission to ...

Tags: Events and Attractions, United Kingdom

04/10/17
Aeroflot Renews Deal With ManU

Aeroflot signed a "fresh contract" with ManU, "meaning it will remain as the club’s official carrier," according to RT. The first contract between the club and Aeroflot was signed in '13 and "was drawn up for five years." The partnership marked ManU’s "first commercial venture in Ru ...

Tags: Marketing and Sponsorship, United Kingdom

04/10/17
Newcastle Posts £4.6M Profit

League Championship side Newcastle United posted a profit of £4.6M for the year ending June '16, according to FC BUSINESS. The profit was down from £32.5M recorded in '15 but "marks a sixth consecutive year of recorded profit." Tur ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug