Finance & Law

Argentina's leading football clubs have vowed to remain in the hands of their fans following election to the country's presidency of Javier Milei, who is staunchly in favour of privatisation

Matchroom chairman Eddie Hearn believes a deal to sell a minority stake in the company will “probably happen” despite a proposed deal with CVC Capital Partners falling through earlier this year.In

Matchroom's Eddie Hearn talks exclusively to SportBusiness about private equity interest, the death of PPV boxing and the rise of influencers.

US private equity firm Arctos Partners has invested in the Aston Martin F1 team with Canadian billionaire Lawrence Stroll selling a minority stake

Private equity investment is back on the Bundesliga agenda for the third time in as many years, with the German Football League (DFL) this week publishing clear guidelines in the hope of persuading the…

Manchester City has announced record revenues of £712.7m (€817.8m/$888m) for the 2022-23 financial year covering its treble-winning season, setting a new high for a Premier League club.

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…

Evolution Media Capital, the merchant banking arm of CAA, has joined forces with strategic advisory firm M. Klein & Company to launch a new entity which they claim will significantly step up their presence in the sports and entertainment investment space.

A 34-per-cent jump in revenue in its core betting business helped Genius Sports report increased third-quarter revenue of $101.7m (€95.2m) but foreign currency headwinds contributed to an $11.6

German Bundesliga club Bayern Munich today (Monday) announced record revenues exceeding its own expectations, with income totalling €854.2m ($913m) for the 2022-23 season.

Video production and live clipping company Tellyo is to be bought by Amagi, a cloud-based broadcast technology firm

How partnerships on and off the water are helping World Rowing to democratise the sport, attract new audiences and lessen the governing body’s reliance on Olympic revenues.

Vince McMahon is planning on selling 8.4 million of his shares in TKO Group, the new Endeavor-owned public company formed by the merger of Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE).

Flutter Entertainment, the parent company of sports betting company FanDuel, is planning to list in the United States in early 2024 on the New York Stock Exchange

The Confederation of African Football (CAF) has announced an end to its row with beIN Sports following the recent cancellation of a broadcast deal which prompted threats of legal action by the Qatar-based…

The purchase of 3.5 million new shares in Highlight Event and Entertainment (HLEE) has pushed the shareholding of Alexander Studhalter below 20 per cent, as Highlight seeks to minimise risks to the company posed by restrictions placed on the Swiss businessman by US authorities.

Warner Bros. Discovery has reported third-quarter net losses of $417m (€390m) after a decline in advertising revenue, a drop in streaming subscribers, and what president and chief executive David Zaslav called a “generational disruption” as the company’s stock tumbled by 19 per cent.

Disney is still searching for a strategic partner for ESPN and is fully set on taking the sports property entirely direct-to-consumer as it posted an operating income increase of 16 per cent to $987m (€922m) i…