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Sky Annual Profits Decrease Due To Rising Premier League Costs

Published in SportsBusiness Daily Global on 07 / 28 / 17

Higher costs for Premier League rights have hit annual profits at Sky "despite a jump in revenues and new customers," according to Chris Johnston of the BBC. The satellite broadcaster said that total costs rose by 5%, with the £629M ($822M) j...

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Tags: Finance, United Kingdom

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12/19/16
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The joint administrators of Championship rugby side Bradford Bulls " extended the deadline to buy the club to Monday ." They had previously hoped to have a deal for the club, which is "in administration for the third time in four years," agreed by Friday. The Bulls said in a statement that ...

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12/16/16
Yachting NZ Receives Funding Boost

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12/16/16
Trump-Owned Resort Reports €2.5M Loss

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12/16/16
Fox, Sky Agree To $14.6B Deal

Fox and Sky have agreed to terms "on a full Murdoch takeover," with the U.S. firm "declining to improve" on its £10.75 ($13.38) per share approach "despite protests from other shareholders," according to Christopher Williams of the London TELEGRAPH. The "controversial deal" will combine 21st C ...

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12/16/16
Finance Notes

The Foundation of Hearts "handed over" £5M ($6.2M) to Scottish Premiership side Heart of Midlothian as part of its bid to "secure fan ownership at Tynecastle." The supporter group reached the milestone after initially joining forces with club Owner Ann Budge to "help take the Gorgie outf ...

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12/15/16
NZ Rugby Players Receive Major Pay Raise

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12/15/16
Argentine Firm To Pay $112.8M

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12/15/16
Lille Almost $20M In Debt

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12/15/16
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