Governance
Clubs take control of Euroleague as Glickman concedes the fight
With Jordi Bertomeu long gone and an interim solution found to be unsuitable, Euroleague Basketball’s entire commercial roadmap for the next decade and beyond hangs in the balance.
FIH eyes more free-to-air deals as profits grow
The International Hockey Federation (FIH) wants to prioritise media rights deals with more free-to-air broadcasters in a bid to grow exposure for the sport, after the governing body recorded a second consecutive…
PGA Tour, DP World Tour and PIF agree bombshell commercial merger
The PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund (PIF) are to merge commercial operations under common ownership in a shock tripartite agreement that ends all pending litigation r…
IBA seeks to boost streaming capabilities with OTTera
The International Boxing Association (IBA) has agreed a deal with US OTT services provider OTTera, which it claims will support its new initiatives and preparations for future major events
Chilean league ‘eyes investors for commercial vehicle’
Chile's Asociación Nacional de Fútbol Profesional (ANFP) is the latest professional football league to be seeking outside investment for a stake in its media rights, it has been reported.
US financier Walter makes multi-million investment in PSA’s commercial arm
Mark Walter, the American billionaire with ownership stakes in major international sports teams, has made a multi-million dollar investment in a squash commercial vehicle to accelerate the transformation of the PSA World Tour.
Sport does not know the origin of its private equity money, SportBusiness report suggests
Sports rights-holders often have little to no idea about the origin of the money they are accepting from private equity funds, a new 90-page SportBusiness report has found.
Bundesliga shows recovery signs but revenues down €326m on pre-Covid levels
The total revenue of German professional football has increased for the first time since the outbreak of Covid-19, with the second-tier Bundesliga 2 setting a new benchmark for the 2021-22 season, but…
1190 Sports named consultant to Liga Forte Futebol investors
1190 Sports, the international broadcast rights-holder to Brazil’s top two football leagues, has been appointed as a consultant to the two funds backing Liga Forte Futebol (LFF), one of two organisations s…
Opening Day sets record merchandise sales, record viewers on MLB.TV
Major League Baseball's Opening Day set records on its out-of-market streaming service MLB.TV and earned a record in online merchandise sales
Premier League strengthens ownership rules, Netflix plans scrapped
English Premier League football clubs have approved a number of changes to the league’s Owners’ and Directors’ Test (OADT), including a new disqualifying event for human rights abuses, while plans for a…
NFL owners to vote on Goodell extension, flexible TNF scheduling
The annual meeting of National Football League franchise owners continues today (Monday), with an extension of league commissioner Roger Goodell's contract and flexible scheduling for Thursday Night Football…
Berman heralds ticket sales rise ahead of 11th NWSL season
Ahead of the National Women's Soccer League's 11th season, commissioner Jessica Berman lauded a 20-per-cent increase in season ticket memberships across the league and record tickets already sold for the…
CVC finalises $150m WTA investment deal
The Women’s Tennis Association (WTA) has today (Tuesday) announced the closing of its agreement with CVC Capital Partners that will see the private equity company invest in a new commercial vehicle for t…
Uefa ‘non-Euros’ revenue exceeds €4bn, UWCL generates €15.2m after centralisation
European football’s governing body Uefa received total revenues of €4.05bn ($4.32bn) last season, according to its recently published Financial Report for 2021-22.
Gaudenzi: Private equity investment could bring tennis rights aggregation closer to fruition
Private equity investment in tennis could help to pave the way for the ATP Tour, WTA Tour, International Tennis Federation (ITF) and four Grand Slams to aggregate their broadcast and betting rights, according…
NWSL media deal and expansion talks still ongoing
Ahead of the National Women's Soccer League's 2023 Draft, commissioner Jessica Berman addressed the ongoing media rights discussions, expansion, salary caps, and the fallout of investigations, with each…
Stats Perform adds Australian Open video and data rights to tennis portfolio
Sports betting and data services firm Stats Perform has agreed a multi-year deal with Tennis Australia (TA) making it the exclusive distributor of live video streaming and ultrafast data to licensed sports…