ASICS has announced a sales increase of 8% in Europe for the third quarter of 2012. The brand saw a sharp rise in sales in its performance running products and footwear which rose by 40% and 10% respectively. read more
The value of Barclays Premier League leaders Manchester United has topped $3 billion - the first sports team in the world to do so – following a surge in the club's shares. read more
Super League clubs are facing combined debts of £68.5m, according to a BBC Inside Out investigation, with several teams failing to generate sufficient turnover. read more
Tickets for the 2013 UEFA Women’s Champions League final, to be played on Thursday 23rd May at Stamford Bridge, are now available to buy. The biggest event in European women’s club football returns to London for the second time in three years after Fulham FC’s Craven Cottage hosted the 2011 final. read more
Tottenham Hotspur FC has announced a loss of £4.3m for the 2011/12 financial year, after missing out on Champions League football. Club revenue was down 12% to £144m from £163m while profit from operations dropped to £23m from £38m. read more
League One club Swindon Town is reported to be considering administration in order to reduce its spiralling debts, thought to be up to £13m. read more
As expected, Nike Golf officially announced the signing of world number one Rory McIlroy at a press conference in Abu Dhabi on Monday evening, in a multi-year agreement that will see the Northern Irishman sport Nike clubs, balls, footwear, glove, apparel, headwear and accessories – and could see the 23-year-old become one of the highest paid spo… read more
Aintree has announced that total prize money for the John Smith’s Grand National meeting in April will hit an all-time high of over £2.7 million, an increase of £185,000 (7.3%) for the three days from 2012. read more
Everton Football Club has released its annual results, revealing a soaring wage bill which now equates to 75% of the club’s turnover, and losses of nearly £10m. read more
The Jockey Club has announced its racecourse arm will offer more than £40 million in prize money in 2013, an increase of more than £5 million on 2012, which includes a record £18.6 million contribution directly from Jockey Club Racecourses. read more
All 20 Premier League clubs have provisionally agreed to introduce new costs measures in the league which, if implemented, would overhaul the current system. read more
UK Sport has revealed its goal for Rio 2016, to become the first host nation in recent history to win more medals at the next summer Olympic and Paralympic Games, and will invest a record £347m into elite sports in order to do so. read more
Manchester City has released its Annual Report for the 2011/12 season revealing that the club’s annual losses more than halved compared to the previous season and that the club’s revenues broke the £200m threshold for the first time. read more
Trevor Birch, Portsmouth FC’s administrator, has warned that the club faces the risk of liquidation as the matter is taken to the Royal Courts of Justice. read more
The Football League has reaffirmed its intention to dock Portsmouth Football Club 10 points when they come out of administration, although the Pompey Supporters' Trust, who are currently in the process of a takeover bid, have revealed that the decision was always expected. read more
International fund management business, Sustainable Technology Investments Ltd, has acquired a minority stake in the sports media and marketing group, Sports Revolution, to help fund sports stadia infrastructure projects. read more
Michael Platini, the UEFA president, has announced that Europe’s football governing body is in the process of discussing the future of the Europa League, which could be scrapped in favour of an expanded Champions League. read more
Championship team Leeds United have been taken over by a Middle East-based private equity group, GFH Capital Limited. The firm is now in a one month transitional period and will become 100% shareholder once the takeover has been approved by the Football League which is expected to be a formality. read more
The Pompey Supporters’ trust is one step closer to taking over Portsmouth FC before Christmas, after signing a conditional agreement with PFK, the club’s administrators. read more
Manchester United has announced its financial results for its first financial quarter ending on 30th September revealing that the club’s debt has fallen to £359.7m. read more
The RFU has announced its financial details for the year ending 30th June 2012, revealing a £6.3m loss due to fewer matches played at Twickenham. The Rugby World Cup 2011, held in New Zealand, meant England were unable to play as many home matches. read more
Chelsea Football club have announced their financial details for the year ending on 30th June, revealing a profit of £1.4m. It is the first time the club has made a profit since owner Roman Abramovich took over in 2003. read more
Australian clothing firm SKINS are threatening to sue the world cycling governing body UCI for up to £1.25m - claiming that the organisation did not do enough to stop doping in the sport. read more
Cheshire Jets have been thrown out of the British Basketball League because of their financial problems, despite new owner Hadyn Cook’s best efforts, having saved the club from going out of existence last month. read more
Nike Inc has announced that it has reached an agreement to sell Umbro to Iconix Brand Group in a $225 million deal. The sports brand announced in May that it would be selling off Umbro to focus on driving growth through its namesake, having acquired the brand in 2008. It also announced that it would be selling other athletic brands Jor… read more
The Football Association has launched a new five-year strategy with the aim to make women’s football the second most played sport in the country. read more
The London 2012 Olympic and Paralympic Games have been delivered under budget, according to government reports indicating that the combined cost of the two events came in at £8.92bn - £377m less than the budgeted £9.29bn. read more
Simon Bazalgette, group chief executive of The Jockey Club, has confirmed that a deal has been reached between the racing and betting industries for the 52nd Levy Scheme, with the deal estimated to generate £72.9m for British racing. read more
UKA has released the names of athletes who will be receiving support from the World Class Performance Programme for 2013, with a number of Olympic and Paralympic performers elevated to top level funding following successful Games performances. read more
Clubs of the six major European leagues are for the first time earning more than €500m in shirt sponsoring this season, according to a new study. read more
Tennis players have welcomed the news that prize money for the Australian Open will rise by Aus$4m (£2.53m), but Novak Djokovic was warned that the fight for a greater share of revenues is not over, as lower-ranked players continue to struggle paying their own way. read more
The Welsh Rugby Union recorded its highest ever turnover last year, after the governing body released its annual report on Monday, confirming income of £63m in the Grand Slam year. read more
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