Finance & Law

Multiple Sports
Media

Fox Corp has acquired Mexican sports streamer Caliente TV in a move that sees the US broadcaster double down on its commitment to the country, where it is engulfed in a legal battle with former business partner Grupo Lauman.
Basketball
Finance & Law

Mark Walter, owner of multiple sports properties including the LA Dodgers, has agreed a world record $10bn (€8.7bn) deal to buy the Los Angeles Lakers NBA franchise from the Buss family.
Football
Governance

Changes look set to be forthcoming to the membership make-up of major Bundesliga clubs after Germany’s competition regulator ruled that exemptions to the famed 50+1 rule are no longer possible.
Sailing
Finance & Law

US investment fund Ares Management has made a move into sailing, acquiring a minority stake in the France SailGP Team in the third such deal within the sport in the past month
Multi-sport
Sponsorship & Marketing

Sportfive has exited its commercial joint venture with the Commonwealth Games Federation (CGF) ahead of the trimmed down version of the multi-sport event in Glasgow, it has emerged.
Football
Finance & Law

The Uruguayan Football Association (AUF) has won a legal battle at the Court of Arbitration for Sport, allowing it to continue to negotiate a new media rights deal on behalf of top-flight clubs with the Tenfield agency.
Multiple Sports
Media

Greek commercial broadcaster Alpha TV is soon to be half-owned by United Media group in a consolidation of market power.
Football
Sports Betting

Ligové Fotbalové Asociace (LFA), the Czech league football association, has expressed its concern about the financial impact of a proposed ban on gambling advertising in the Czech Republic.
Multiple Sports
Finance & Law

New Association of Summer Olympic International Federations (ASOIF) president Ingmar De Vos has reiterated his predecessor’s call for a greater share of Olympic revenues after a figure of $590.1
American Football
Finance & Law

The European League of Football has secured fresh investment from Goal Line Sports, along with 885 Capital and Oakvale Ventures.
Football
Finance & Law

Europe's top five leagues generated total revenue of over €20bn ($23.1bn) for the first time in the 2023-24 season, with club finances primarily boosted by rising commercial income.
Football
Media

Italian government reforms look set to pave the way for the lifting of the ‘no single-buyer’ rule that currently shapes the sale of Serie A’s domestic broadcast rights.
Baseball
Fan Engagement

MLB has teamed up with, and acquired a stake in, digital sports media brand Jomboy Media as it looks to tap new audiences that traditionally engage with content creators.
Football
Governance

The Brazilian Football Confederation (CBF) has announced the creation of a working group that has 90 days to draw up proposals for financial fair play (FFP) regulations covering the country's professional clubs.
US College Sport
Finance & Law

Elevate has launched a $500m (€438.2m) fund to invest in college athletics departments following the groundbreaking ruling that universities in the United States can now pay their athletes directly.
Multiple Sports
Media

Warner Bros. Discovery has announced plans to split the company into two publicly-traded entities, separating its streaming and legacy media businesses
Football
Finance & Law

Spain's competition regulator is to investigate Uefa for possible restrictive practices in the latest round of the legal battle between Europe's governing body and A22, the company behind European Super League (ESL) plans.
Multi-sport
Events

The success of the domestic sponsorship sales programme was a key factor in helping the organising committee for 2024 Paris Olympic and Paralympic Games secure a final profit of €76m ($86.8m) on total revenues of €4.48bn.