Finance & Law
Toyota unveils $5m fund to support Team USA Paralympic athletes
Car manufacturer Toyota has extended its partnership with the United States Olympic & Paralympic Committee (USOPC) to create a $5m fund in stipend and sponsorship opportunities to support Team USA athletes…
TaylorMade acquired by Korean private equity group
Golf equipment brand TaylorMade has been acquired by Korea-based private equity firm, Centroid Investment Partners
EXCLUSIVE: Endeavor China set to acquire Mailman Group
The China arm of global sports and entertainment group Endeavor has agreed to acquire China-based sports digital agency Mailman Group, SportBusiness understands
Adidas upgrades outlook as DTC business takes off, major events to boost sales
Sportswear manufacturer Adidas has upgraded it full-year outlook after a strong first quarter in 2021
Signs of F1 recovery as Q1 revenues hit $180m, operating loss cut
Formula 1 has shown signs of emerging from the Covid-19 crisis after reporting revenues of $180m (€148.4
Under Armour posts sharply improved financial report
Both revenue and earnings for embattled company beat analyst expectations
Shapiro: Endeavor IPO will provide flexibility, cut debt and accelerate growth plans
Endeavor’s initial public offering will generate funds to provide “flexibility” over how the business is run, pay down debt and enable further acquisitions, according to Mark Shapiro, president at the s…
AOC records A$900,000 deficit as Covid hits, but sponsorship revenue stable
The Australian Olympic Committee recorded a deficit of A$900,000 ($697,000/ €581,000) after the Covid-19 pandemic forced the delay of the Tokyo 2020 Olympic Games.
Investindustrial ‘makes €200m offer’ for Barça Corporate stake
European investment group Investindustrial has made a €200m ($239.7
Betano calls foul as Bwin ‘snatches Portuguese Primeira Liga naming rights’
Betting operator Betano has written to Portugal’s top-flight football clubs and threatened legal action against the Portuguese Professional Football League (LPFP), after it was beaten by rival company B…
FA’s Simmons: WSL can be self-sustainable after ‘couple of media-rights cycles’
The Women’s Super League, the top tier of women’s club football in England, still needs to go through a number of media-rights cycles before it is able to become self-sustainable, according to director of …
Topps set to go public in SPAC deal
Merger values venerable trading card company at $1.3bn
Round-Up: Beijing 2022 test event, Football Australia to launch media rights tender, Sun Yang hearing date set, and more
A Beijing 2022 Winter Olympics test event trialled having media conduct interviews with athletes in a 'mixed zone' in which they were in separate rooms and connected via video link - China News
Round-Up: Fiji rugby seeks investors and sponsors, Brown: at least 20 F1 races this year, IPL sponsorship deals, and more
McLaren Formula One chief Zak Brown expects the motor racing series to pull off at least 20 of its planned 23 races this year
Round-Up: Asian Qualifiers restart, Tokyo torch relay starts, Thai govt plans World Cup bid, Tencent reports $19.5bn profit, and more
Asian qualifiers for the 2022 Fifa World Cup and the 2023 AFC Asian Cup resume today after a delay of more than a year due to the pandemic
Round-Up: Sina goes private, Lions to tour in South Africa, Vietnam marathon to go ahead, and more
Chinese media company Sina, majority owner of the Weibo social media platform and owner of the Sina Sports media platform, among other assets, has went private and ceased to be a publicly-traded company…
Al Hilal ‘seeks $2m settlement’ from former sleeve sponsor Flyin
Saudi Arabian football club Al Hilal is seeking a settlement payment from former sleeve sponsor, travel platform Flyin, according to local reports
Fifa expects to hit $6.44bn revenue target despite Covid, licensing revenues boosted
Fifa has maintained that it expects to reach its revised total revenue target of $6.44bn (€5.4