Finance & Money
Features
USA Weightlifting’s woes paint familiar picture for Olympic NGBs
US Olympic national governing body has suffered declining revenues and membership numbers since the onset of the health crisis but large financial reserves coupled with a move to put competitions and coaching courses onto digital platforms have stemmed losses.
Petronas Yamaha SRT aims to tap burgeoning racing interest in “two-wheel” SE Asia
Tom King talks to Razlan Razali, team principal of Petronas Yamaha SRT MotoGP team, about the growth potential for motorcycle racing in Southeast Asia.
Is playing football behind closed doors always the best medicine?
Behind closed doors matches are not a panacea for the impact of Covid-19, nor are they always better than not playing at all.
Chris Russo | Will merger and acquisitions deal-making return this year?
Chris Russo, chief executive of Fifth Generation Sports LLC, looks at the US market for sports-related M&A; deals and their future prospects amid the Covid-19 pandemic
Fiorentina’s Joe Barone on Covid-19: Uncertainty and a lack of protocol is tough to deal with
In part one of a three-part interview, Joe Barone, director general of Italian Serie A club Fiorentina, discusses the challenges of running a club in lockdown, the accelerated focus on going digital, the…
Sky NZ claws back NZ$9m in ‘satisfactory’ sports rights compensation talks
Pay-television broadcaster Sky New Zealand made a saving of NZ$9m ($6m/€5.1
Women’s Super League subject of CVC’s latest sports investment interest
Private equity firm CVC Capital Partners has expressed an interest in investing in the Women’s Super League (WSL) club competition, it has been reported.
Cricket Australia’s biosecurity budget ‘triples’ in bid to protect TV rights income
Cricket Australia’s budget for protocols needed to combat the effect of the anti-Covid-19 pandemic have passed A$30m ($21.8m/€18.4m).
Foulsham to lead A$15m streamlining effort at Rugby Australia
Rugby Australia has appointed respected operational executive Adam Foulsham as chief operating officer as it seeks to make A$15m (€9.27m/$10.98m) in cost savings.
Pair of small US towns suffer heavy blow from loss of marquee baseball events
The cancellation of the Baseball Hall of Fame's Induction Weekend and the Little League World Series this summer are leaving big economic holes in the small communities that play host to the marquee events.
DBS bank bullish on esports investments in Asia
Bank’s investment office is recommending investments in esports and gaming.
Says Covid-19 will accelerate sector growth in Asia-Pac.
Sees game developers as the biggest beneficiaries of growth.
KBO and K League create templates for the return of sport
Korea’s football and baseball leagues have published detailed guidelines governing their resumptions this week.
Gareth Balch – Sport set for a New World Order as the biggest and most innovative emerge stronger from pandemic
Covid-19's brutal impact on the global sports economy is forcing the pace of necessary change according to Two Circles chief executive Gareth Balch, who believes that while some properties will go to the…
Failure to insure against pandemic will catch out many Asia-Pac sports properties
Only a handful of the biggest sports events globally were insured for the Covid-19 interruption. Tommy Elliot of specialist events insurer Circles Group tells SportBusiness about the implications for sports properties, and for his own industry.
Umberto Gandini – Most Serie A clubs face difficulties if rights fees are withheld
In part one of a two-part video discussion, Umberto Gandini speaks to SB24's Kevin Roberts
APAC’s biggest domestic motorsport series, Supercars, turns to global stars for engagement
Tom King speaks to Supercars' chief executive Sean Seamer, and takes a look at how Australia's top motorsports series is adapting in order to keep its fans engaged during the Covid-19 pandemic.
‘We’re very focused on bringing the cost cap down’ | Mark Waller, McLaren F1
Mark Waller, managing director, sales and marketing, McLaren F1, talks about the difficult decision to furlough some staff members during the Covid-19 pandemic and argues the case for an even lower team cost cap in Formula 1.
‘Some clubs will really struggle’ | Tifosy CEO Fausto Zanetton on surviving the shutdown
Fausto Zanetton, chief executive of Tifosy Capital & Advisory, discusses why player salaries have become such a burning issue for clubs, the knock-on affects of France’s media rights cycle, and the potential long-term impacts of the shutdown.
Ironman’s new investors will focus on content and virtual racing to unlock value
Ben Cronin looks at Advance Publications and Orkila Capital's recent acquisition of Ironman, and how it will be looking to capitalize on the event despite much of the audience and participants of the mass participation series being under lockdown.
HBSE flexing its financial muscle thanks to appointment of head of investments
Owners of NBA Philadelphia 76ers and NHL New Jersey Devils have taken a significant step to develop their wider business interests with appointment of David Abrams to senior executive role
Exclusive | Jorge Mendes: Why agents are ‘an essential part of football’s market dynamics’
SportBusiness speaks to Jorge Mendes about his role as a football agent and how it has developed.
Malaysian FA pushes club privatisation but weak revenues mean state support is here to stay
Malaysia’s football clubs are to be formally privatised this year, but the journey from state support to self-sufficiency looks fraught, with questions over the future of broadcasting and sponsorship revenues. John Duerden takes a closer look.
Mud, sweat and tears | Where did it go wrong for Tough Mudder?
At its zenith, Tough Mudder posted a $10m profit, but the company now finds itself subject to bankruptcy proceedings in the US. Ben Cronin asks how it got to this point and whether a likely sale to rival Spartan can save it.
Will 2020 mark a return to health for China’s sporting stocks?
A two-year IPO freeze has hit Chinese sport companies, with numbers down and Wanda Sports’ listing a high-profile disappointment. How did ‘IPO fever’ fade, and will things change in 2020? Chen Yaolin reports.
Wizards deploy multi-pronged strategy to develop Japanese fandom
In just a short amount of time, the Wizards have put themselves in prime position to become the NBA's most-popular team in Japan following the arrival of Rui Hachimura. Bob Williams discovers how they have done it.
NBL uses LaMelo Ball’s pulling power to gain new international relevance
Oceania's National Basketball League is enjoying unprecedented growth this year following the creation of the Next Stars program and subsequent arrival of National Basketball Association Draft Lottery prospects LaMelo Ball and RJ Hampton. Bob Williams looks at the impact on the league and its future.
Canadian Premier League off to solid start after filling void for players and fans
Seven-team competition is first professional soccer league in Canada since 1992
Clubs have averaged 4,300 fans a game but OneSoccer digital ratings not made public
Super League enters new era – and new continent – with Toronto Wolfpack promotion
With the world's first transatlantic sports team, the Toronto Wolfpack, set to play in the English Super League from the start of the new season, Bob Williams looks into how the unique arrangement is benefiting both the club and the sport of rugby league.