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Private equity
Private equity gears up for potential National Football League investments
...Major League Baseball became the first top-tier US league to do so in 2019, and the NBA, NHL, and MLS soon followed suit, spurred by a need for liquidity during the coronavirus pandemic....
April 18, 2024
Shohei Ohtani
Scandal involving baseball star Shohei Ohtani investigated by US league
...On Tuesday, Tyrese Haliburton, an All-Star player for the National Basketball Association’s Indiana Pacers, said that he works with a sports psychologist in part because the proliferation of sports betting...
March 22, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Special ReportWatches and Jewellery: May
Tennis stars court luxury watch brands
...All will be hoping their tennis associations transform their sales, but some are not sure how much impact a tennis player outside the so-called “Big Three” of Roger Federer (Rolex), Nadal and Novak Djokovic...
May 10, 2024
Unions
Dartmouth basketball team votes to become first US college athlete union
...The move was immediately appealed against by the Ivy League university....
March 5, 2024
Premier League
Premier League moves closer towards introducing salary cap
...measure that would place a ‘hard’ cap on player wages.”...
April 29, 2024
News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...In the 1990s, he helped poach disaffected sports stars as part of the “Super League war” that upended Australian rugby league when Rupert Murdoch funded a new breakaway contest....
April 7, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
NBA player handed lifetime ban for gambling and limiting his performance
...A National Basketball Association player has been banned by the league for life for gambling on the sport and in at least one instance reducing his own performance on the court....
April 17, 2024
Scoreboard
F1 reaches for VIP nirvana Premium content
...Ipswich has spent just £8.6mn on new players in the past three seasons combined, Southampton forked out £204mn (albeit while still making a profit from player trading)....
May 11, 2024
Sport
NBA player gets lifetime ban for gambling on basketball games
...The National Basketball Association has banned a player for life for gambling on the sport, the first time the league has handed down the maximum penalty since legal sports wagering began in the US....
April 17, 2024
Chelsea FC PLC
Chelsea Football Club owner made £650mn loss after new player splurge
...The women’s team won the Women’s Super League and the Women’s FA Cup. Since the end of the period covered by the accounts, Blueco has spent £454mn on 22 players and sold 10 for a profit of £48mn....
March 7, 2024
Premier League
Sky snaps up most Premier League matches in £6.7bn broadcast deal
...The result of the auction “underlines the strength of the Premier League”, Masters said, adding that it was “testament to our clubs, players and managers who continue to deliver the world’s most competitive...
December 4, 2023
Scoreboard
Is the Super League back? Premium content
...Usyk to fight in Riyadh next year, recruited top football players to the Saudi league and topped it all off by winning the right to host the 2034 Fifa World Cup....
December 23, 2023
Person in the News
Shohei Ohtani, the baseball superstar under pressure
...Last month, Ohtani announced to widespread surprise that he had quietly married an ex basketball player he described, in keeping with his unflashy image, as a “normal Japanese woman”....
March 29, 2024
Premier League
Premier League transfer spending tumbles as financial rules start to bite
...Spending on new players by English Premier League clubs has dropped sharply as increased enforcement of financial rules sent a chill through the market during the winter transfer window....
February 2, 2024
Shohei Ohtani
Baseball star Ohtani denies illegal betting in first comments on scandal
...According to league rules, no baseball personnel — players, umpires, club or league officials — are permitted to place wagers with illegal bookmakers....
March 25, 2024
FT Live
Capitalising on Shifting Consumer Behaviour in Asia
What is driving consumption and where are the opportunities?
Wednesday, 22 MayDigital Conference
News in-depthFootball
English women’s football clubs hope new league will kick start investment
...The revamp means that the Women’s Super League and the second-tier Championship will be owned by clubs, ending their integration with England’s Football Association....
January 27, 2024
777 Partners
Everton buyer 777 Partners accused of fraud by lender
...Clubs and their owners dread the prospect of dropping out of the Premier League because it cuts them off from lucrative broadcast revenues....
May 4, 2024
Sport
How basketball’s biggest star is changing women’s sport
...It was better than the average network ratings for men’s professional National Basketball Association games this season....
March 29, 2024
InterviewLunch with the FT
Andrea Agnelli on Juventus and the Super League: ‘My conscience is super clear’
...Beyond guaranteeing heavyweight clashes, the Super League had other attractions, such as cost caps to prevent runaway spending on players....
January 26, 2024
ReviewNon-Fiction
Smart Money — Alex Duff on the changing fortunes of Brentford Football Club
...They identified undervalued players, and developed new tactics....
March 22, 2024
Major League Baseball
Baseball star Shohei Ohtani’s former interpreter charged with bank fraud
...Ippei Mizuhara, the Major League Baseball player’s interpreter and de facto manager, faces up to 30 years in prison if convicted....
April 11, 2024
Scoreboard
Padel boom lures investors Premium content
...The Lawn Tennis Association, which governs padel in the UK, estimated earlier this year that 90,000 people currently play. But that figure already looks well out of date....
November 25, 2023
Football
Ratcliffe wants Man Utd to vie for Premier League title in three years
...United has been one of football’s biggest spenders over the past decade, but results have not matched the outlay on players....
February 21, 2024
Travel & leisure industry
The 26-year-old owner of Sunderland football club betting on youth
...Many clubs in the league value Championship experience above all else, said Louis-Dreyfus, but that can mean signing expensive players who are “on the way down”....
February 18, 2024
OutlookSara Germano
Taylor Swift, the NFL and a new wave of female sports fandom
...Kiah Cresser, 27, and Ben Mathiou, 28, travelled to Vegas from Australia’s Gold Coast to attend their first Super Bowl after Mathiou, a professional rugby player, scored tickets a year ago....
February 12, 2024

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