Finance News Articles

ARC commits to racing prize money boost - 09 Oct 2013

The British Horseracing Authority (BHA) and Arena Racing Company (ARC) have confirmed a new agreement that will see ARC contribute £11.3 million towards prize money next year, an increase of £2.2 million from 2013. read more

NOW: Pensions expands men’s hockey deal - 03 Oct 2013

NOW: Pensions, the principal partner of Great Britain and England Men’s hockey, has continued its support of the men’s domestic league, following its first full season in the role. read more

Gloucester Rugby announces profit - 25 Sep 2013

Gloucester Rugby has announced that the club has recorded a financial profit for the third year in succession, as the club filed its latest set of accounts this week to reveal a pre tax profit of £305,336 against a turnover of £11.6m for the period leading up to 30th June.  read more

Man United announces record turnover - 19 Sep 2013

Barclays Premier League champions Manchester United have announced record financial results for the year ending 30th June, following a year of on-the-field success and rapid commercial expansion. read more

Man City expands UAE bank portfolio - 17 Sep 2013

First Gulf Bank, one of the major banks in the UAE, has agreed a new three year partnership with Manchester City FC to become the club’s Official Affinity Credit Card Bank Partner in the region. read more

Sky Sports offers £1m Super 6 jackpot - 09 Sep 2013

This weekend will see Sky Sport’s Soccer Saturday Super 6 offer football fans its first £1 million jackpot in this Saturday’s free-to-play prediction game. read more

Premier League breaks transfer window record - 03 Sep 2013

Player transfer spending by Premier League clubs in the summer transfer window was a new record, according to analysis by Deloitte, with spending breaking the £600m mark for the first time.  read more

Liverpool FC joins Vikings for Breakfast - 29 Aug 2013

In exactly four weeks today, the sport industry will gather once again for the next edition of the Nolan Partners Sport Industry Breakfast Club, featuring Liverpool Football Club’s managing director, Ian Ayre, and owner and president of the NFL’s Minnesota Vikings, Mark Wilf, on 26th September.  read more

Crabbie’s serves first £1m Grand National - 28 Aug 2013

Crabbie’s Ginger Beer has been unveiled as the new official title sponsor of the Grand National and Grand National Festival at Aintree. The three-year deal between alcoholic drink’s brand and the racecourse will see the world's most famous steeplechase run for a £1 million purse for the first time. read more

One million Glasgow 2014 tickets go on sale - 19 Aug 2013

More than a million tickets for next year's Commonwealth Games in Glasgow have gone on sale, with Monday morning’s 10am launch marked with swimmer and new Glasgow 2014 ambassador Michael Jamieson diving into the newly re-furbished Tollcross International Swimming Centre for the first time. read more

Aon extends NFL International Series partnership - 13 Aug 2013

Aon has announced the expansion of the firm’s partnership with the National Football League (NFL) which will allow the global provider of risk management and human resource consulting and outsourcing to continue to bring cross-cultural experiences to its clients in the London market.  read more

Women’s running market boosts ASICS growth - 08 Aug 2013

Latest figures have revealed ASICS Europe grew by 23% in Q1 for 2013, becoming the fastest growing brand for women’s running footwear during the period with results on the continent particularly strong. read more

Norwich City cashes in on SBOBET deal - 05 Aug 2013

Norwich City FC has announced a new deal with SBOBET, one of the leading online bookmakers in Asia, who will become the club’s official Asian betting partner. read more

MLS banks on Wells Fargo partnership - 02 Aug 2013

Wells Fargo has signed a deal to become the retail banking and commercial sponsor of Major Soccer League (MLS). read more

US Open increases prize money pot - 01 Aug 2013

The US Open, which is due to take place later this month, has increased its prize money offering by 37% to $34.3 million with the men’s and women’s winners receiving $2.6 million. read more

Arsenal signs Nigerian bank partnership - 25 Jul 2013

Arsenal FC has announced a new three-year deal with Nigeria's Sterling Bank, which will see the creation of a range of co-branded debit cards in the country.  read more

Wasserman Media Group acquires Ignite - 16 Jul 2013

Wasserman Media Group chairman and CEO Casey Wasserman has announced the company has completed a transaction to acquire brand experience agency, Ignite, for an undisclosed sum. read more

NFL’s Jaguars owner purchases Fulham FC - 15 Jul 2013

NFL’s Jacksonville Jaguars owner Shad Khan has bought Barclays Premier League side Fulham FC, becoming the sixth American owner among the 20 teams currently in the division. read more

PL & Sport England fund youth sport boost - 08 Jul 2013

Football could help encourage more young people try new sports after Sport England teamed up with the Premier League to announce a new £16.8m partnership to help encourage youth sports participation for the next three years.  read more

Regeneration plans unveiled for Anfield - 25 Jun 2013

New regeneration plans for Liverpool FC’s Anfield stadium have been announced with a £260m proposal to redevelop the surrounding area of the city that would see the ground expanded, as well as a new housing and a business hub built on the land. read more

adidas aiming for record €2bn sales in 2014 - 19 Jun 2013

adidas has revealed it expects to achieve new record sales of €2 billion in the football category in 2014 – a busy year for the brand, an official sponsor, supplier and licensee of the 2014 FIFA World Cup. The German company will also supply the official ball of the tournament and equip officials, referees, volunteers and ball kids. read more

Perform in talks to purchase Opta Sports - 17 Jun 2013

Perform is in advanced talks to buy sports statistics supplier, Opta Sports Data, in a £40 million deal – according to media reports. The Daily Telegraph claims that Opta's venture-capital backers, Albion Capital, have put the company up for sale, with a deal expected within the next couple of months. read more

We R Interactive reveals football investment - 12 Jun 2013

We R Interactive has revealed, for the first time, that a range of past and present footballers including Steven Gerrard, Jermain Defoe and Scott Parker are investing in the social entertainment company, with products already being used by over 12 million consumers. read more

Man Utd bank on new Mexican partnership - 11 Jun 2013

Manchester United has announced a new four-year sponsorship deal with Mexican banking group Invex, marks the Barclays Premier League champions’ first financial services partnership in North America. read more

Premier League attendances in record boost - 07 Jun 2013

The average attendance for Premier league clubs in 2012/13 increased by 4%, according to Deloitte’s Annual Review of Football Finance, with stadia utilisation up to 95% - the highest level ever recorded in the league’s history and the 16th consecutive season above the 90% mark – but remain some way behind the Bundesliga, whose unmatched stadium … read more

Premier League revenue set to break £3bn mark - 06 Jun 2013

According to a new report from football finance experts at Deloitte, Barclays Premier League clubs are set for a 25% revenue boost next season following a number of lucrative new television deals, after the league reached £2.36bn in the 2011/12 and extended its growth last season. read more

Jockey Club Bond raises nearly £25m - 30 May 2013

The Jockey Club has announced it has raised £24.7 million for its Racecourse Bond, which offered the general public a chance to invest in horseracing, exceeding the company's original target of £15 million.  read more

Nike ends Livestrong Foundation association - 29 May 2013

Nike has announced in a statement that it is ending its partnership with the Livestrong Foundation, the cancer charity founded by disgraced cyclist Lance Armstrong. The sportswear giant will stop production on Livestrong products after the 2013 line, however, the US brand will continue to fund the charity directly in ‘their work to serve and imp… read more

Man City & Yankees launch MLS team - 21 May 2013

Major League Soccer Commissioner Don Garber has announced a partnership between Manchester City FC and the New York Yankees, which will see the outgoing Premier League Champions and the legendary baseball team form a new MLS franchise.  read more

Jockey Club achieves bond target - 17 May 2013

The Jockey Club has announced today that it has achieved the £15 million target for its Racecourse Bond in just over three weeks. As a result of continued demand The Jockey Club - which owns racecourses including Aintree, Cheltenham, Epsom Downs and Newmarket as the largest commercial group in British horseracing - has extended the application w… read more

ECB securing over $500m broadcast rights - 16 May 2013

As England begin their summer of cricket today at Lords, commercial director of the England & Wales Cricket Board, John Perera, gives SportIndustry.biz an insight into the significant boost of broadcast revenue into the governing body’s revenue – and the ongoing impact of the growing Indian marketplace. read more

The Jockey Club Bond attracts investment - 10 May 2013

The Jockey Club, the largest commercial group in British horseracing, has announced it has already received applications for more than half the ambitious £15m target it set for its Racecourse Bond offer and urged potential investors to make their applications before the cash and racing rewards offer closes on Friday 17th May 2013. read more

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