In May 2018, the U.S. Supreme Court struck out a 1992 federal law banning sports gambling, paving the way for individual states to decide on if they will allow sports betting. It is a huge […]
Man Utd, despite a number of poor seasons in terms of the on-the-park performance, is still in a great financial shape. It recently reported an 8% increase in quarterly sales year-on-year, while Deloitte’s well-respected football report also had the club topping the table for revenue generation. Not only this, despite finishing a distant second to fierce rivals Man City, the club also earned more money (£149.77 million) from the English Premier League, than the new champions.
Globally, sports generates a whopping $91 billion a year. That’s a hell of a lot of money and you might be thinking you could get a slice of the action.
BusinessOfSport.Net: With PSG signing Neymar for a world record fee of $263 million, many pointed to it being the ultimate example of how player loyalty can be bought or sold. In fact, new signings across top tier European squads increasing sharply from 36.7% in 2009 to 44.8% in 2017.
In today’s internet era, brand ambassadors are under much more scrutiny than ever before and anything that is offensive, or questionable, in terms of actions or comments can results in them being dropped (and also losing a significant pay check) by brands.
Ten years into his ownership of Newcastle United, Mike Ashley has decided he has finally, finally had enough. The club is officially up for sale, from the owner who, in 2016, made the claim that he “regrets” the purchase in the first place.
Today the Premier League, the world’s richest and most popular football league in the world, turns 25 years old. Its huge impact can’t be understated, and BusinessOfSport.Net has pulled out five areas which England’s top flight football league has become synonymous with.
When undefeated boxer Floyd Mayweather (49-0-0) agreed to fight mixed martial artist (MMA) Conor McGregor (who’s boxing record is 0-0-0), he must have thought he would be the easy winner, both inside and outside the ring.
Liverpool has finally got its man. Virgil Van Dijk, the 6ft 4 defender, has put pen to paper on a deal worth £75 million.