The Business of Sports Management
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The Business of Sports Management
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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January 22, 11:36 AM
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Revenue ranking sees Real Madrid break €1bn mark; Man City ahead of PSG and Man Utd

Revenue ranking sees Real Madrid break €1bn mark; Man City ahead of PSG and Man Utd | The Business of Sports Management | Scoop.it
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.
The figures come from annual report produced by the Football Benchmark team that analyses the business performance of domestic title-winners from six European leagues – FC Internazionale Milano, Manchester City FC, Paris Saint-Germain FC, PSV Eindhoven, Real Madrid CF and Sporting Clube de Portugal. Read more …
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January 19, 9:51 AM
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Dunfermline: Pars takeover complete as James Bord consortium take over

Dunfermline: Pars takeover complete as James Bord consortium take over | The Business of Sports Management | Scoop.it
Dunfermline Athletic are under new ownership, it has been announced this afternoon.
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January 17, 5:07 PM
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Corinthians' Debt with Agents Reaches R$ 200 Million

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January 10, 2:31 PM
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Sportradar reports 17% decline in match-fixing in 2024

Sportradar reports 17% decline in match-fixing in 2024 | The Business of Sports Management | Scoop.it

January 10 – Match-fixing has reversed several years of growth and is now on the decline, according to the 2024 Sportradar annual integrity report report.
Based on the monitoring of more than 850,000 matches across 70 sports, Sportradar identified 1,108 suspicious matches across 12 sports in 95 countries in 2024. A year-on-year decline of 17% against 2023.
Football is still by far the sport most affected by suspected match-fixing with 721 suspicious matches identified compared to 187 in basketball.

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January 7, 5:10 PM
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China's most successful club Guangzhou folds under the weight of debts

China's most successful club Guangzhou folds under the weight of debts | The Business of Sports Management | Scoop.it
BEIJING, Jan 7, (AP): Guangzhou FC, the most successful soccer club in Chinese history, disbanded on Monday due to crippling debts.The club, formerly known as Guangzhou Evergrande, has been unable to meet the Chinese Football Association’s financial entry requirements needed to compete in the 2025...
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December 24, 2024 6:27 AM
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Watanabe proposes 5-continent Olympics

Candidature documents for all seven IOC presidential hopefuls were released on 19 December exhibiting various new innovative proposals for discussion as each of the candidates attempts to distinguish themselves from the rest with their own ideologies and visions for the future of the Olympic Games.

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December 23, 2024 11:27 AM
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Spanish court hits illegal streamer Roja Directa with €31.6m fine

Spanish court hits illegal streamer Roja Directa with €31.6m fine | The Business of Sports Management | Scoop.it

December 23 – A commercial court in A Coruña has ordered the website’ Roja Driecta’s s parent company, Puerto 80 Projects, and its director, Igor Seoane, to pay €31.6 million in damages to Grup MediaPro for illegally pirating football broadcasts, including LaLiga matches from the 2014/15 season.  
The court found Puerto 80 and Seoane jointly and severally liable for €15.8 million of the total damages. The calculation is based on what the company would have paid for legitimate access to Grup MediaPro’s broadcast signal.

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December 13, 2024 7:34 AM
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Wimbledon tennis expansion could be set for judicial review after challenge to planning permission

Wimbledon tennis expansion could be set for judicial review after challenge to planning permission | The Business of Sports Management | Scoop.it

Plans to expand Wimbledon are set to go before the U.K. High Court.
The All England Club (AELTC), host of the third Grand Slam tournament of the tennis season, wants to add a third stadium court and 38 further courts to its footprint, tripling its size in works expected to cost over £200million ($254.8million).

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December 12, 2024 7:48 AM
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IOC's prediction points to historic revenues

IOC's prediction points to historic revenues | The Business of Sports Management | Scoop.it

The 13th Olympic Summit, held by the International Olympic Committee (IOC) in Lausanne, focused on key economic issues. Dialogue and consultation underscored a promising future for sports, leaving a lasting impact on the global sporting stage.

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December 10, 2024 12:00 PM
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Bayern Munich break $1bn revenue barrier

Bayern Munich break $1bn revenue barrier | The Business of Sports Management | Scoop.it

December 9 – As well as being the most successful club in Germany, FC Bayern Munich are also the biggest generators of cash. The operational arm of Bayern München AG, has reported a record revenue of €951.5 million ($1 billion) for the 2023/24 fiscal year (July 1, 2023, to June 30, 2024).
This eye-popping number did include revenue from FC Bayern Basketball GmbH and FC Bayern München e.V. pushing the total revenue past €1 billion.

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December 6, 2024 7:30 AM
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Halifax Panthers' confident statement amid HMRC case latest

Halifax Panthers' confident statement amid HMRC case latest | The Business of Sports Management | Scoop.it

Halifax Panthers have seen their High Court hearing adjourned until next month, but the club remain optimistic about the outcome. The Championship side’s board of directors outlined their confidence in a statement published on the club website.

John Beech's insight:


See also https://halifaxpanthers.co.uk/panthers-news/statement-from-the-board-of-directors/

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December 2, 2024 2:22 PM
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Infantino sweeps FIFA sub-committee’s recommendations and Qatar migrant worker report under the carpet

Infantino sweeps FIFA sub-committee’s recommendations and Qatar migrant worker report under the carpet | The Business of Sports Management | Scoop.it

December 2 – In a new low for FIFA and president Gianni Infantino’s administration, FIFA have ignored a key recommendation by its own subcommittee on human rights and social responsibility to compensate migrant workers in Qatar.
Under cover of darkness, the global governing body published the long-awaited Qatar report, which addressed the question of legacy and remedies for migrant workers whose labour and suffering were key to Qatar’s transformation as World Cup host.

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November 29, 2024 8:03 AM
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Dumbarton FC administrators getting 'lots of interest' from prospective investors

Dumbarton FC administrators getting 'lots of interest' from prospective investors | The Business of Sports Management | Scoop.it
Fundraising campaign on track to reach its new £100,000 goal ahead of club's Scottish Cup tie on Friday night.
John Beech's insight:

See a[so https://www.bbc.co.uk/sport/football/articles/c62416nd0r7o

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January 21, 1:57 PM
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Turkey fire: Scores killed as hotel engulfed by flames in ski resort of Bolu

Turkey fire: Scores killed as hotel engulfed by flames in ski resort of Bolu | The Business of Sports Management | Scoop.it
Dozens more have been injured in the blaze, which broke out at the Grand Kartal Hotel.
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January 19, 9:49 AM
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Sumo: Top wrestlers set for Paris exhibition tour in June 2026

Sumo: Top wrestlers set for Paris exhibition tour in June 2026 | The Business of Sports Management | Scoop.it
Wrestlers from sumo's top division will make a two-day exhibition tour to Paris in June 2026, the third of its kind in the French capital, the Japan Sumo Association says.
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January 14, 12:51 PM
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German court rules clubs must cover costs of match-day policing

German court rules clubs must cover costs of match-day policing | The Business of Sports Management | Scoop.it

January 14 – In a landmark ruling, a German court has established that football can be billed for the costs of policing during high-risk matches.
Bringing to an end a ten-year legal dispute, the Federal Constitutional Court in Karlsruhe ruled that federal states can charge for police costs.
“The additional costs of police operations are to be borne not solely by taxpayers, but also by the economic beneficiaries of the police operations.

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January 9, 3:42 PM
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CAF boosts CHAN winners prize money to $3.5m

CAF boosts CHAN winners prize money to $3.5m | The Business of Sports Management | Scoop.it
January 8 – The winner of the African Nations Championship (CHAN) will receive $3.5 million in prize money after the African governing body increased the tournament’s total prize pot.
On Tuesday, the Confederation of African Football (CAF) announced a substantial increase in prize money with the winner of this year’s CHAN receiving $3.5 million – an increase of 75%, said CAF. In total, $10,4 million will be on offer at the tournament staged by Kenya, Read more …
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December 25, 2024 7:28 AM
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IOC presidential candidature documents: The key quotes

IOC presidential candidature documents: The key quotes | The Business of Sports Management | Scoop.it

The International Olympic Committee (IOC) released the presidential candidature documents for all seven individuals up for election on 19 December providing an array of new proposals and points of discussion as each of the candidates looks to stand out from the rest.

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December 23, 2024 11:30 AM
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Fox out in the cold as Netflix grab rights to 2027 and 2031 Women’s World Cups

Fox out in the cold as Netflix grab rights to 2027 and 2031 Women’s World Cups | The Business of Sports Management | Scoop.it
December 23 – FIFA and Netflix have inked a deal for the exclusive rights in the US to the 2027 and 2031 Women’s World Cups, marking another significant streaming deal for a major tournament.
Late last week, the world governing body announced the deal with the streaming giant but didn’t disclose a value. FIFA said that, “the agreement includes Puerto Rico and covers all languages, with top-tier talent poised to feature in a dual telecast for both English – Read more …
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December 20, 2024 10:50 AM
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A22 says it consulted stakeholders. European Leagues say no-one spoke to them

A22 says it consulted stakeholders. European Leagues say no-one spoke to them | The Business of Sports Management | Scoop.it

December 20 – The European Leagues organisation has insisted it was not consulted by the promoters of the proposed European Super League regarding the relaunch of the breakaway concept as the Unify League.
The original European Super League (ESL), backed by 12 of the continent’s biggest clubs, evaporated almost overnight after it was controversially launched in 2021

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December 13, 2024 5:52 AM
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FIFA’s 2034 award makes a mockery of its own rules and marks a dangerous moment, says joint statement

FIFA’s 2034 award makes a mockery of its own rules and marks a dangerous moment, says joint statement | The Business of Sports Management | Scoop.it

December 12 – In a joint statement, 22 organisations from human rights bodies to trade unions and fan groups, have condemned FIFA’s award of 2034 World Cup hosting to Saudi Arabia saying that it “marks a moment of great danger”.
The statement says: “It is evident that without urgent action and comprehensive reforms, the 2034 World Cup will be tarnished by repression, discrimination and exploitation on a massive scale.”

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December 10, 2024 5:11 PM
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Bordeaux fans fighting each other again as struggles continue at debt-ridden club - Soccer - Castanet.net

Bordeaux fans fighting each other again as struggles continue at debt-ridden club - Soccer - Castanet.net | The Business of Sports Management | Scoop.it

PARIS (AP) — Bordeaux’s plight is already bad enough with the club suffering a double relegation to French soccer’s fourth tier due to financial irregularities. To make things worse, the club’s two main fan groups have started fighting each other again.
The longstanding Ultramarines fought with the recently formed North Gate Ultras group outside Matmut Atlantique stadium before Saturday’s home game with Saint-Brieuc, re-igniting a feud that saw violent clashes last season.
___
AP soccer: https://apnews.com/hub/soccer

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December 6, 2024 12:12 PM
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Germany’s Bundesliga busts the €1bn barrier for domestic broadcast rights

Germany’s Bundesliga busts the €1bn barrier for domestic broadcast rights | The Business of Sports Management | Scoop.it

December 6 – The DFL Deutsche Fußball Liga has beaten its budget with its latest media rights tender, surpassing the €1 billion mark per season for German-language broadcasting.
For the 2025-26 to 2028-29 seasons, the 36 Bundesliga and Bundesliga 2 clubs will share annual revenues of €1.121 billion, amounting to a total of €4.484 billion.

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December 3, 2024 12:21 PM
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Burning up: FIFA scores stunning hat-trick of deceptive reports with 2022 sustainability account

Burning up: FIFA scores stunning hat-trick of deceptive reports with 2022 sustainability account | The Business of Sports Management | Scoop.it

December 3 – In the 2022 World Cup sustainability report, FIFA claims that the tournament in Qatar produced 3.8 megatons of CO2, but critics argue the tournament was one of the most polluting ever. 
On Friday, FIFA metaphorically put out its trash, publishing arguably three of the most-contentious and skewed reports of its president Gianni Infantino’s regime to date, at the same time.

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November 29, 2024 2:55 PM
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Football piracy in numbers: 37% of viewers in France are 'pirates'

Football piracy in numbers: 37% of viewers in France are 'pirates' | The Business of Sports Management | Scoop.it
Combating piracy requires a multi-faceted approach combining advanced technology, robust legislation and awareness campaigns
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