Scott O’Neil says Saudi-backed tour will not break even for 5 to 10 years as he tries to sell stakes in teams at $1bn valuations
Broadcaster NBC says some brands are paying more than $10mn for a 30-second slot
Also in today’s newsletter: the Premier League’s financial dominance, and the Australian Open gets even bigger
The televised climb of a Taipei skyscraper follows an explosion of interest in the sport, fuelled by the post-pandemic boom in exercise
Deal brings to an end the hedge fund’s nine-year investment in the Italian football club
Interior minister says US federal agents will only work in ‘their diplomatic premises’ for Milan Cortina Games
Watchdog is seeking financial information from clubs for first ‘state of the game’ report, due next year
Private equity groups and football clubs invited to submit bids to own team in new competition
Also in today’s newsletter: English cricket’s makeover begins
Big spending and stable ownership under Stan Kroenke underpins club’s rise to top of Premier League
Racing group sued Spaniard in London for breaking deal to drive for IndyCar team
US sports league to develop low-contact ‘flag’ football and strike deals with streamers and influencers to maximise reach
The race’s reputation as the toughest test in motorsport has made it a draw for companies promoting mechanical resilience
How to weekend in the Dolomites resort as it prepares to co-host the Winter Games with Milan
We are less tolerant of machine-related errors than human ones
Also in today’s newsletter: Afcon’s place in world football
A compelling tournament has shown the importance of players — and fans — raised outside Africa
Before rushing into a new membership, look for a social solution, not a contractual one
As clubs have grown, the gaffer’s power has been diluted by multiple executives
Atlas Lions target first Afcon title in 50 years after billions spent on tournament infrastructure
Lando Norris loves to race online. You too can join the F1 champion on the virtual track
With 35mn players worldwide, upstart brands are serving up sport-specific gear
First big initiative backs projects that tackle hate and discrimination
Prediction market providers strive to boost liquidity so they can take on gambling groups with multi-leg bets
As Netflix and Apple expand their sports ambitions, the head of IMG says media rights are entering a new phase driven by scarcity, retention and measurable returns
