Finance & Law

Universities in the United States will be able to start paying their athletes directly from next month, following a historic, and long-awaited, ruling

The Australia SailGP Team has gained Hollywood actors Hugh Jackman and Ryan Reynolds as co-owners and Australian underwear brand Bonds as title sponsor.

US fund Football.Enterprises has launched a $150m (€131.5m) bond to acquire football clubs worldwide, while in Europe multi-club ownership group Estrella has established an investment platform targeting lower-league teams.

A US consortium involving the San Francisco 49ers’ investment arm has completed a deal to buy a 51-per-cent stake in Scottish Premiership club Rangers and has also committed to investing an initial £20m.

Major League Baseball has stepped up its commitment to softball by making an eight-figure investment in Athletes Unlimited Softball League.

The International Table Tennis Federation (ITTF) was profitable in 2024 for the first time in six years, with the World Table Tennis series finally flourishing after the Covid-hit years.

Euroleague Basketball remains open to selling a minority stake in the organisation to a private equity firm, despite a failed process with BC Partners towards the end of 2024.

Bowling has long been a beloved staple of pop culture, from iconic moments in The Big Lebowski and The Simpsons to Justin Bieber’s “Baby” music video. With

Kings League, the seven-a-side football competition organised by the Kosmos agency, has unveiled plans to launch in the Mena region in a joint venture with Saudi Arabia's SURJ Sports Investment

M&C Saatchi Sport and Entertainment has agreed a deal to acquire Middle East-based sports and entertainment agency Dune 23.

US-based sports marketing agency Elevate has expanded its operations to the Middle East through its acquisition of independent sports marketing consultancy Rise Group.

French Ligue 1 club Racing Club de Lens hopes to exploit the commercial possibilities of owning its stadium after a deal to purchase the Stade Bollaert-Delelis from Lens City Council was approved

Private investment firm Arctos has acquired a stake in the Los Angeles Chargers, while fellow NFL teams the San Francisco 49ers and Cleveland Browns have also signed off on investment deals.

Civil war has broken out in Mexican football a year out from the country's co-hosting of the Fifa World Cup, with second-tier clubs filing a complaint before the Court of Arbitration for Sport (CAS) over the absence of promotion-relegation.

The United States Tennis Association's revamp of Billie Jean King National Tennis Center represents the largest single investment in the US Open’s history.

Saudi Arabia’s ministry of sports has opened the door for private companies to invest in its sports facilities, including one of the stadiums to be used for the 2034 Fifa World Cup.