Events
Matchroom fighting for £1bn valuation as investors circle
Matchroom's Eddie Hearn talks exclusively to SportBusiness about private equity interest, the death of PPV boxing and the rise of influencers.
Saudi Arabia entrenches itself as home of boxing with ‘Day of Reckoning’ mega card
Saudi Arabia has positioned itself at the forefront of worldwide boxing after brokering agreements with multiple promoters in record time to stage what is being described as the biggest card in boxing
Chinese sports body, Singapore development firm launch sports IP push ‘with nine-figure fund’
The China National Sports Group (CNSG) has announced an agreement with Singapore-based investment firm White Group to “acquire the intellectual property of leading international sports events” and inv…
Formula E doubles down on Tokyo hosting deal with 2025 race
Formula E has announced an agreement is in place to return to the streets of Tokyo in 2025, despite having yet to stage a race in the Japanese capital
Swedish government lends support to bid for first Winter Olympics
The Swedish government has given its backing to a 2030 Winter Olympic and Paralympic Games bid that will be led by the country, with potential assistance from Latvia and Norway, but has stressed the importance of a Games concept that will be free from public funding.
France presents ‘risk-free’ bid for 2030 Winter Olympics
French authorities have presented their vision of a compact 2030 Winter Olympic and Paralympic Games in the regions of Provence-Alpes-Côte d’Azur and Auvergne-Rhône-Alpes, with David Lappartient, president of the French Olympic Committee (CNOSF), stating the International Olympic Committee (IOC) is “not taking any risks with us”.
Endeavor posts Q3 revenue rise, talks up betting operations for 2024
Sports and entertainment conglomerate Endeavor has positioned OpenBet and its wider betting operations as key revenue drivers for the group in 2024, but insists IMG Arena will remain "number three" in…
British Cycling cancels SweetSpot promoter deal alleging missed payments
The Tour of Britain cycling race is at risk of being cancelled after British Cycling alleged race promoter SweetSpot owes hundreds of thousands of pounds in unpaid race licence fees.
LimeLight enters administration after sale of mass participation unit
UK sports marketing group LimeLight Sports Ltd has entered into administration after more than 30 years of trading
F1’s Q3 revenues jump to $887m, São Paulo GP extended to 2030
Formula 1’s revenue for the third quarter of 2023 rose to $887m (€829m), with the figures boosted by increased media rights and sponsorship fees, as well as one extra race compared to the same period in 2022.
UFC to return to China next month with Shanghai event
The Ultimate Fighting Championship (UFC) has announced today (Wednesday) that Shanghai will host a Fight Night event on December 9, in what will be the mixed martial arts promotion’s first visit to the country since before the onset of the Covid-19 pandemic.
Saudi Arabia set for 2034 World Cup after Australia exits the race
Saudi Arabia is set to be the only bidder to host the 2034 Fifa World Cup after Football Australia dropped its plans ahead of Fifa’s deadline today (Tuesday) to lodge expressions of intent.
FM Global selects LPGA event for first major sponsorship play
Commercial property insurer FM Global has made its first foray into major sports sponsorship as title sponsor of a new LPGA tournament to be hosted at the TPC Boston course
2024, 2026 and 2028 Olympic Organising Committees confirmed for Host City 2023
Senior leaders of the organising committees of the next three Olympic Games have confirmed to speak at Host City 2023 in Glasgow, Scotland on 20-21 November
LCL continues to ride in yellow with Tour de France
French financial services LCL has agreed a five-year extension to its historic connection with the emblem of the Tour de France, the cycling Grand Tour’s iconic yellow jersey.
New elite Nations League to launch, Rugby World Cup expanding in ‘significant’ calendar overhaul
World Rugby has today (Tuesday) approved the launch of a new competition for men’s international teams as part of a wide-ranging reform of the calendar that will also include an expansion of the World Cup to 24 teams in 2027.
SRJ Sports hires Townsend as CEO, Saudi strengthens esports supremacy with World Cup launch
SRJ Sports Investments, the new vehicle created by Saudi Arabia’s Public Investment Fund (PIF) to further grow the kingdom's presence within global sport, has appointed Australian football executive D…
Morocco sets out major stadium investment programme for 2025 AFCON, 2030 World Cup
The Moroccan Government has outlined plans to spend MAD5bn (€456.4m/$483.5m) on a new stadium in the city of Benslimane as part of significant venue investment package targeted at the country’s staging of the 2025 Africa Cup of Nations (AFCON) and co-hosting of the 2030 Fifa World Cup.