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Liberty Media Corp
Formula One owner closes in on €4bn deal for MotoGP
...Madrid-based Dorna represents a rare opportunity to buy into a global sport with lucrative commercial rights....
March 27, 2024
777 Partners
US regulators push insurers to cut exposure to Everton bidder 777 Partners
...A person close to A-Cap said partners had already been found to take on its 777 exposure, which it said the memo “grossly overstated”, and it expected a rapid resolution of the process....
April 1, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Six theatre shows to see in London
The Ballad of Hattie and James theatre review — music and memories combine in a delicate new drama
...Now, a St Pancras piano is immortalised in drama: Samuel Adamson’s delicate new play The Ballad of Hattie and James opens as Hattie (Sophie Thompson), a 60-year-old woman, takes a seat and begins to touch...
April 24, 2024
Private equity
Sports investor Arctos to focus on N America after raising $4.1bn fund
...The firm also invested in UK-based motorsport team Aston Martin F1 at a £1bn valuation late last year, and has an indirect shareholding in Liverpool FC and a small stake in Italian side Atalanta....
April 20, 2024
Mark Samuels
Britain must act or lose the global medicines competition
...Due to a combination of reasons — many self-inflicted — the country’s allure as a supply destination is fading fast....
April 9, 2024
Tottenham Hotspur Ltd
Tottenham Hotspur in talks to raise ‘significant capital’
...Petrochemicals tycoon Sir Jim Ratcliffe, who completed the acquisition of a 27.7 per cent stake in Manchester United in February, has set up a task force to build a “world class” stadium and regenerate its...
April 3, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
ReviewBusiness books
Business books: what to read this month
...Samuel Agini ‘Co-Intelligence: Living and Working with AI’, by Ethan Mollick If you are interested in how to make the most of the transformative potential of artificial intelligence — and Ethan Mollick...
April 11, 2024
Paris Olympics
Athletics federation to pay gold medal winners $50,000 at Olympics
...“Whether it’s a good idea or not . . . they can’t all of a sudden before Paris pull a rabbit out of the hat,” Payne told the Financial Times, adding that the move “will put other federations under pressure...
April 10, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
Fifa and US promoter Relevent resolve case over international matches
...But Relevent said in a statement to the Financial Times that Fifa was considering “changes to its existing rules about whether games can be played outside of a league’s home territory”. Read more here...
April 8, 2024
Sport
Formula E puts new grid spot up for sale as it tests electric racing demand
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
April 5, 2024
News in-depthParis Olympics
Paris prize money opens Olympic divide
...for winning gold, while a pistol shooter must remain content with a pat on the back and a cold shower....
April 12, 2024
Football
‘The growth potential is incredible’: Change at the top for women’s football
...We believe this is a different audience.”...
April 13, 2024
Football
Ajax plans to dismiss chief executive for suspected insider trading
...“Such a violation of the law cannot be tolerated by a publicly listed company, especially when it involves the CEO.”...
April 2, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Fifa and US promoter Relevent resolve case over international matches
...Fifa and US sports promoter Relevent have reached an agreement to end their legal fight over a ban on big European football leagues and clubs playing official matches in the US....
April 8, 2024
Private equity
Is private equity’s bet on life insurance turning sour?
...He declined a request for comment. Then a banner deal from Viridium to acquire a $20bn back-book from Zurich collapsed in January....
March 25, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Chelsea owner sinks to £650mn loss
...The group that owns Chelsea Football Club sunk to a net loss of more than £650mn in its first set of earnings since acquiring the club for a record £2.5bn....
March 7, 2024
Fifa
Fifa and promoter reach deal in legal fight banning big European matches in US
...Relevent later broadened the lawsuit to add Fifa as a defendant....
April 8, 2024
Major League Baseball
Baseball star Shohei Ohtani’s former interpreter charged with bank fraud
...the “victim of a massive theft”....
April 11, 2024
The Big Read
Formula One’s growing pains
...“It’s not like football or tennis, which in the end if you have a pitch and a ball or a court and a ball you can go and practise. The nature of this sport means you need a team and you need a car.”...
March 1, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Formula One owner closes in on €4bn deal for MotoGP
...Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according to people familiar...
March 27, 2024
Sport
Private equity investor CVC makes its mark on rugby union
...South Africa could soon follow suit, with a vote due in May on whether to sell a stake in a new commercial entity to Seattle-based firm Ackerley Sports Group....
March 16, 2024
Special ReportWomen in Business
Lina Souloukou: in the spotlight at the top of European football
...“Olympiacos is by far the best club in Greece, it’s a great honour being a Greek working there,” Souloukou says....
March 8, 2024
Chelsea FC PLC
Chelsea Football Club owner made £650mn loss after new player splurge
...The proceeds of the deal were earmarked for charity but remain frozen in a bank account because of a dispute about where and how the money should be spent....
March 7, 2024
F1
Red Bull Formula One boss Christian Horner cleared by barrister-led probe
...Red Bull said the complaint against Formula One team boss Christian Horner had been dismissed after a barrister-led investigation into allegations of inappropriate behaviour against a female employee....
February 28, 2024
ReviewBusiness books
Business books: what to read this month
...Samuel Agini ‘Irreplaceable: How to create extraordinary places that bring people together’, by Kevin Ervin Kelley Traditional gathering places are declining, making it harder to meet and socialise in...
March 12, 2024

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