Featured Story

ManU Announces 17.3% Quarterly Revenue Growth To £141M

Published in SportsBusiness Daily Global on 11 / 17 / 17

ManU announced total revenues for the three months to October grew by 17.3% to £141M ($185.9M), according to Bill Wilson of the BBC. Broadcasting and matchday revenues "leapt more than 30%," while commercial and sponsor income also grew. But ...

Read More

Tags: Finance, United Kingdom

More Stories

10/02/17
Finance Notes

Mike Ashley, the "maverick retailer who founded and controls Sports Direct, may be going stateside ." Sports Direct , in which Ashley has a 61% stake, is reportedly in talks to acquire U.S. sporting goods retailer Finish Line . The company did not "respond to calls" seeking comment. It is "e ...

Tags: Finance

09/29/17
Arsenal Announces £422.8M Turnover

Arsenal announced a record turnover for the '16-17 season, according to Liam Prenderville of the London DAILY MIRROR. The club released its latest financial results with its turnover increasing by £72.2M ($97M). It now stands at a record &pou ...

Tags: Finance, United Kingdom

09/29/17
EPL Rivals Reject Proposal By Big Six

The "row" over a plot by ManU, Arsenal, Liverpool, Chelsea, Tottenham and Man City to "grab more" of the Premier League's TV billions "intensified after their rivals rejected an offer to resolve the dispute," according to Ben Rumsby of the London T ...

Tags: Finance, United Kingdom

09/29/17
NRL Cowboys Could Cost Bookmakers

Australian bookmakers "face a multi-million-dollar wipeout" as North Queensland threatens to "pull off the biggest grand final boilover" in National Rugby League history, according to Darren Walton of the AAP. Bookmaker Gerard Daffy said that the Cowboys "were the longest-priced pre-finals unde ...

Tags: Finance, Australia

09/28/17
Red Bull Racing Generates Turnover Of £197M

Red Bull Racing generated a turnover of £197M in '16 and spent "nearly all of it" on its Formula 1 race program, company accounts revealed, according to Adam Cooper of MOTORSPORT. The team earned £197,949,000 in outside sponsorship, prize money and bonuses from the F1 organization, ...

Tags: Europe, Finance

09/28/17
Sport Industry Leaders Expect Growth To Slow

Sports industry leaders "expect the sector’s growth rates to slow down" from 8% to 6.4% per year, according to ISPORTCONNECT. While football "appears to be too big to fail" and esports is seen as a "key growth area," respondents view the Olympics as having a "less certain future." More than tw ...

Tags: Finance, Europe

09/28/17
Finance Notes

Pre-tax profits at Mash Holdings, Mike Ashley's personal investment vehicle , " nearly halved " to £270M ($361.9M) after a "tough year for Sports Direct and falling ticket sales" at Premier League side Newcastle United. Accounts lodged at Companies House show Mash Holdings' pre-tax profit f ...

Tags: Finance

09/27/17
Welsh Rugby Union Reinvests $49M

The Welsh Rugby Union Group reinvested £36.6M ($49.2M) into the national game at all levels, which equates to an 11% increase for the second consecutive year. The WRU is continuing to reinvest into rugby, with investment in the community game increasing by 10% to £8.7M ($11.7M) ...

Tags: Finance, United Kingdom

09/27/17
Smaller EPL Clubs To Devise Challenge

England's top football clubs "are facing resistance from smaller rivals to their plan to grab a bigger share" of the more than $1.3B a year the Premier League gets for int'l media rights, according to Hellier & Soshnick of BLOOMBERG. The smaller teams, "seeking to maintain the current reven ...

Tags: Finance, United Kingdom

09/26/17
LeEco Founder Selling Stake In LeSports

Struggling to "tackle mounting debt," Chinese tech group LeEco Founder Jia Yueting is reportedly "selling most of his stake in the group's LeSports unit to a new consortium," according to EJ INSIGHT. Jia currently holds a 30.66% stake in LeSports. The new consortium, formed by "several vet ...

Tags: Asia, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug