A firm has begun a “costly lawsuit” against Rangers in Scotland’s highest civil court over claims the club “blocked” a fans pre-payment card developed by the business.
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The Business of Sports Management
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Since 2013, a Sports Management news archive of resources designed to support the book The Business of Sport Management, eds. John Beech and Simon Chadwick, Pearson Education. Regularly updated with news from the world of Sports Management.. See also http://tinyurl.com/TBOEM for Events Management news, including, for example, the FIFA World Cups. Using the TAGS below is strongly recommended.
Curated by
John Beech
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FIFA has finally confirmed the revenue distribution model for the expanded version of the Club World Cup, which will take place in the United States from 15 June to 13 July. 
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March 27 – This summer in the USA the rich will get richer after FIFA announced the prize money at stake for the inaugural Club World Cup. The winners will potentially earn up to $125million, making it the most financially rewarding month in club football.
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Inter Milan value crashed 75% before debt house Oaktree seized control Chinese retailer Suning lost control last year after efforts to sell club or refinance debt failed
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The Scottish League 1 club was placed into administration last October.
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March 5 – The Swiss public prosecutor in the Sepp Blatter/Michel Platini fraud trial has requested suspended sentences of 20 months for the former FIFA and UEFA chiefs for allegedly cheating FIFA out of CHF2 million.
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Ex-Fifa head Sepp Blatter and French football great Michel Platini were cleared in 2022, but prosecutors appealed.
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The IOC concluded that World Boxing has made progress in the areas identified for recommendation as the International Federation
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February 14 – Last year, Belgian clubs registered combined post-tax losses of €160 million with Walloon giant Standard Liege showing the largest operational loss.
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February 10 – FIFA has reduced ticket prices for the Club World Cup amid low interest.
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A Championship rugby league club has provided its fans with an update following a High Court appearance following financial pressures. Rugby league is not in the strongest position financially in this country, something that is self-evident with the folding of clubs such as West Wales Raiders and London Skolars in recent years. Newcastle Thunder teetered […]
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January 23 – The top 20 revenue generating clubs in world football reported a record €11.2 billion in the 2023/24 season.
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Dozens more have been injured in the blaze, which broke out at the Grand Kartal Hotel.
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David Martindale confirmed the West Lothian club are talking to overseas investors
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March 31 – In a letter to UEFA, the Palestine FA (PFA) has raised the issue of Israeli settlement clubs and flag the confederation’s integrity checks.
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Zimbabwe's sports minister Kirsty Coventry is elected as the new IOC president, becoming the first woman and first African to hold the role.
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Turkish football clubs' debt to banks reached €729 million ($789.76 million) in the 2023-2024 season, while their net equities dropped to -€766 million, the highest decline in Europe, according to UEFA’s latest report.
John Beech's insight:
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The club has agreed in principle for a deal that would see 51% of the club sold to the US businessmen who are planning to make a move in to Scottish football
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February 28 – European football is raking in more cash than ever, but UEFA’s latest Club Licensing Benchmarking Report warns that clubs are walking a financial tightrope. While revenue hit a record €26.8 billion in 2023—up nearly €3 billion from the previous year—so did costs, squeezing operating margins across the board.
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February 26 – Ageing former FIFA president Sepp Blatter says he is looking forward to finally clearing his name at a second appeals trial into allegations he made corrupt payments to ex-UEFA boss Michel Platini.
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New stand and 4* hotel to boost position as ‘world-renowned sports and hospitality venue’
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The NFL has continued its international expansion by announcing plans for a first regular-season game in Australia. Melbourne Cricke
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The Crown Office has described the amount paid out following the failed investigation as "regrettable". The Record looks back at how the scandal of the botched prosecutions unfolded.
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January 22 – Real Madrid have set a new world revenue record, becoming the first football club in history to pass the €1 billion mark in operating revenue for the 2023/24.
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