US bidders for British basketball league aren’t another 777, says federation January 30, 2025 The chair of the British Basketball Federation (BBF) has dismissed fears of another 777 Partners over plans to hand control of its league to more US investors. The BBF had to strip the 777-owned British Basketball League (BBL) of its licence last year after the Miami-based fund ran out of money, leaving clubs facing extinction. [...]
NBA Europe? League ‘looking very closely’ at new competition, says Silver January 24, 2025 NBA commissioner Adam Silver has dropped the clearest hint yet that it will push ahead with plans to launch a basketball league in Europe. Silver said he had been encouraged by talks with clubs, media, sponsors and governing body Fiba during talks ahead of the NBA’s two games in Paris this week. “While Europe continues [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]
Women’s football and NFL: The biggest sports deals of 2024 December 31, 2024 Sport has been full of deals in 2024 with Premier League clubs being taken over, cricket selling stakes in franchise teams and transfers sending sports fans mad. But which were the standout deals of the last 12 months? Founder of SportsInvest Advisory Achille de Rauglaudre takes a look. March: Women’s football on the rise 2024 [...]
Maradona’s shirt, Holyfield’s belt and Peaty’s trunks: How the world went crazy for sports memorabilia November 29, 2024 The phenomenon hit the headlines earlier this year when a baseball shirt worn by Babe Ruth was sold for $24m (£19m).
Messi and LeBron beaten to top spot in athlete marketability rankings October 22, 2024 US gymnast Simone Biles has beaten LeBron James and Lionel Messi to be named the most marketable athlete in the world by sports industry experts. Real Madrid and Brazil footballer Vinicius Jr is second, followed by NBA legend James, women’s basketball sensation Caitlin Clark and Messi in the list published by SportsPro magazine. Biles, who [...]
Sadiq Khan meets NBA chiefs with potential London return on cards September 26, 2024 London mayor Sadiq Khan today met the NBA Deputy Commissioner as hopes of a NBA return to London grew further. The pair spoke on Thursday “to discuss their shared ambition to expand the sport’s reach and influence in the capital, including through live NBA games”. “I want to do big events, whether it’s Wrestlemania, whether [...]
NBA and Paris 2024 star Kevin Durant takes minority stake in PSG August 14, 2024 Phoenix Suns NBA player and Team USA gold medallist at Paris 2024 Kevin Durant has invested in Ligue 1 football club Paris Saint-Germain (PSG). The 35-year-old – formerly of Seattle SuperSonics/Oklahoma City Thunder, the Golden State Warriors and Brooklyn Nets – has reportedly purchased a “single digit millions” shareholding in the Arctos Sports Partners stake [...]
Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans August 7, 2024 Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.
Mayor Sadiq Khan targets another London Olympics and in talks over NBA return July 26, 2024 Sadiq Khan has reiterated that he wants to bring the Olympics back to London as he embarks on a charm offensive to show that the city is “the undisputed sporting capital of the world”. The Mayor of London spoke to CityAM on Friday while travelling to Paris, where he will use the current Games [...]