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Shareholder in Paris Saint-Germain targets predictable returns of home market where teams are not relegated and share profits
...DAZN also claims that the DFL failed to give the company time to provide a requested bank guarantee....
...“We’re going to keep the company independent. We’re certainly not going to be trying to merge and sell the product in the TV market as one,” he said....
Independent body aims to improve financial sustainability of clubs and leagues
...The company’s Hong Kong-listed shares have been suspended since October 2022 after facing litigation from lenders related to overdue payments on bank loans....
Gulf kingdom clubs to make more big signings following last year’s €800mn spend
...“At all times, I try to have Champions League standards — in everything — HR, strategy, commercial, the IT department, our trading company that sells kits. Everything,” he said....
...Others caution that the number of stakeholders involved could complicate CVC’s ambitions of setting up a single management company akin to F1, which the firm owned until early 2017....
...The energy drinks company, which owns the F1 team, said on Wednesday that the grievance had been “dismissed” after completion of the investigation undertaken by a KC....
Market also hit by weakening demand for broadcast rights
...The Boat Race, the company that runs the rowing contest between the world-leading universities of Oxford and Cambridge, said water quality was “an ongoing concern” as it confirmed that the races would go...
...Deutsche Fussball Liga, which operates the top two tiers of German football, had been hoping to sell a €1bn stake in a new company that would control broadcast and commercial rights....
Culture secretary says chief operating officer has been appointed and bill will be presented to parliament ‘very soon’
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...“After being made aware of certain recent allegations, the company launched an independent investigation,” Austrian energy drinks company Red Bull, which owns the team, said, without giving any details of...
...Marc Filippino Josh Noble is the FT’s sports editor. Thanks, Josh. Josh Noble Thank you....
New investor warns that transforming the club will take time and upgrading Old Trafford will cost £1bn
...Leverkusen, which is owned by chemicals company Bayer, is one of a handful of exceptions....
...Since 2001, PDC has been part of Essex-based Matchroom Sport, the events company owned by father and son duo Barry and Eddie Hearn....
Facing a period of transition, the sport needs to shift to entertainment to reach new fans, says Tom Harrison
Talent agencies had scored series of wins against the new rules in the courts
...The wider group of companies, which includes income from non-football activity, lost £4.4mn. The Louis-Dreyfus dynasty has history in European football....
...The company generates about 15 per cent of its sales in Greater China, with the bulk coming from the US and Europe. The filing also shows that at the end of 2022, the company had net debt of $5.8bn....
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