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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PFA warns FIFA players may strike unless overloaded international calendar is reviewed

PFA warns FIFA players may strike unless overloaded international calendar is reviewed | The Business of Sports Management | Scoop.it

May 31 – Whilst Fifpro and the World Leagues Association (WLA) have threatened legal action over the overloaded international calendar and its affect of players’ health, FIFA has now been warned by the Professional Footballers’ Association (PFA) in England that players could even go on strike.
PFA chief executive Maheta Molango (pictured) believes players are now at breaking point and that football’s packed schedule not only endangers health but also diminishes the quality of the sport.

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IBA will award prize money to medal-winning boxers at Paris 2024

IBA will award prize money to medal-winning boxers at Paris 2024 | The Business of Sports Management | Scoop.it

After setting a trend in boxing and seeing World Athletics follow
through for the upcoming Olympics, the International Boxing
Association (IBA) announced on Wednesday it plans to pay medallists while also guaranteeing them rights to future title fights, a groundbreaking decision in the sport.

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Barcelona cleared of bribery charges over referee payment allegations

Barcelona cleared of bribery charges over referee payment allegations | The Business of Sports Management | Scoop.it

A Spanish court has dismissed bribery charges against Barcelona, ending an investigation into a refereeing corruption scandal involving club presidentJoan Laporta.

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Dundee FC set for £9m cash injection to clear debt as club call EGM to vote it through

Dundee FC set for £9m cash injection to clear debt as club call EGM to vote it through | The Business of Sports Management | Scoop.it
The Dens Park club have called a meeting to ratify investment that will ease pressure after substantial losses.
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FIFA fury as it refuses to back down on calendar in face of FIFPRO and WLA’s legal threat

FIFA fury as it refuses to back down on calendar in face of FIFPRO and WLA’s legal threat | The Business of Sports Management | Scoop.it

May 13 – FIFA have responded furiously to threats by world players union FIFPRO and the World Leagues Association (WLA) that they and their members will take legal action over the ‘imposition’ of the international match calendar, and in particular the staging of 2025 Club World Cup.
FIFA’s lack of consultation over key issues that materially affect the members of both organisations has long been a complaint of both stakeholders.

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MCC members give green light to latest Lord’s expansion

MCC members give green light to latest Lord’s expansion | The Business of Sports Management | Scoop.it

Plans have been approved for a new £61.8m (€71.7m/$77.3m) redevelopment of Lord’s.

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Abramovich loans fund owner of Dutch football club, leaked documents suggest

Abramovich loans fund owner of Dutch football club, leaked documents suggest | The Business of Sports Management | Scoop.it
Files indicate oligarch enabled Valery Oyf to take over Vitesse Arnhem, raising fresh questions about his influence on football
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When It Comes To Jerseys, Real Madrid Also Wins Big

When It Comes To Jerseys, Real Madrid Also Wins Big | The Business of Sports Management | Scoop.it
Regarding jerseys—one way elite clubs make money—Los Blancos have the best-looking finances in European club soccer.
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Bundesliga and Serie A claim fifth spots for expanded 2024/25 Champions League

May 2 – Italy and Germany have won the race to gain five slots each in next season’s Champions League as England and France miss out.
The allocation of extra places in the Champions League was confirmed on Wednesday night after Borussia Dortmund defeated Paris Saint-Germain 1-0 in the first leg of the Champions League semi-final. Serie A had already sealed the first extra spot for Italy last month.

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Judge issues order to administrators of brand in Rangers dispute

Judge issues order to administrators of brand in Rangers dispute | The Business of Sports Management | Scoop.it
A JUDGE has ordered the administrators of a sports wear brand embroiled in a kit sales dispute with
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St Johnstone: Geoff Brown agrees sale to American Adam Webb

St Johnstone: Geoff Brown agrees sale to American Adam Webb | The Business of Sports Management | Scoop.it
St Johnstone owner Geoff Brown agrees to sell his majority stake in the Scottish Premiership club to American businessman Adam Webb.
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Welsh FA launches major overhaul of its top tier league with expansion on and off the pitch

April 24 – The Welsh FA (FAW) has launched a six-year strategy through to 2030 for the overhaul of the top tier of its men’s league, the JD Cymru Premier League, to make it more competitive on and off the field, and boost its commercial positioning as it reformats both the league and its calendar.

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LaLiga reports record revenues and attendances for 2023/24 season

LaLiga reports record revenues and attendances for 2023/24 season | The Business of Sports Management | Scoop.it

April 15 – Spain’s LaLiga is reporting record total revenue of €5.69 billion for the 2022-23 season an increase of 17.8% over the 2021/22 season beating the pre-covid high mark of €5.07 billion in 2019-20.
LaLiga said the revenue was boosted by by commercial revenues that increased 28.6% year-on-year and a 36.9% increase in stadium attendances to more than 15 million over the season, the league’s highest ever.
LaLiga said average stadium occupancy is now at 72%.

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The World’s Most Valuable Soccer Teams 2024

The World’s Most Valuable Soccer Teams 2024 | The Business of Sports Management | Scoop.it
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FIFA statement on UEC reflects an uneasy balance of power

FIFA statement on UEC reflects an uneasy balance of power | The Business of Sports Management | Scoop.it

May 29 – In an usual statement on Tuesday, FIFA reaffirmed their relationship with the European Club Association (ECA) downplaying a meeting with the Union of European Clubs (UEC). 
In the statement, FIFA said that it did not recognise the UEC, an organisation that wants to protect and promote the interests of small and medium-sized clubs across the continent, as a club football representative. UEC has more than 140 members, including clubs from top-flight leagues.

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US fund Oaktree takes over ownership of Inter Milan

US fund Oaktree takes over ownership of Inter Milan | The Business of Sports Management | Scoop.it

Inter Milan has been taken over by the US fund Oaktree. This comes after the outgoing group, China's Suning Holdings, defaulted on almost €400 million of debt.

John Beech's insight:


More at https://theprint.in/world/chinese-firms-football-dreams-marred-by-debt-crisis-inter-milan-owner-loses-control-to-us-fund/2097110/

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The World’s 10 Highest-Paid Athletes

The World’s 10 Highest-Paid Athletes | The Business of Sports Management | Scoop.it

For the first time in history, the ten sports stars on Forbes’ annual ranking earned more than $100 million each—a record-breaking $1.38 billion combined.

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Ascot becomes the first racecourse to be awarded ECOsmart accreditation for sustainability success

Ascot becomes the first racecourse to be awarded ECOsmart accreditation for sustainability success | The Business of Sports Management | Scoop.it
Ascot Racecourse has become ECOsmart accredited, making it the first racecourse globally to be awarded this accolade for its sustainability success. ECOsma
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FIFA warned of legal action by Fifpro and WLA unless it backtracks on calendar

May 10 – Global players union FIFPRO and the World Leagues Association (WLA) have warned FIFA of legal action if they FIFA doesn’t  “withdraw its decisions on the international calendar”.
In a letter sent to FIFA president Gianni Infantino and general secretary Mattias Grafstrom, the two bodies have commissioned external legal advice and will advise their member “both individually and collectively” on the options available to them.
Fifpro and the WLA are demanding that to stop any potential legal action FIFA must reschedule the 2025 Club World Cup,

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Flamengo, Fluminense set to land Maracanã contract

Flamengo, Fluminense set to land Maracanã contract | The Business of Sports Management | Scoop.it
A consortium formed by Brazilian football clubs Flamengo and Fluminense is set to land a contract to manage Ri
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Fluminense debt hits $160m but club shows increased profit

Fluminense debt hits $160m but club shows increased profit | The Business of Sports Management | Scoop.it

May 2 – Fluminense are the latest Brazilian club to report rising debt levels in their 2023 financial year, now running at more than R$800 million ($156.5 million) in 2023. This is despite the Rio club reporting an operating surplus of R$78 million ($15.3 million).
In 2022, Fluminense registered a profit of R$7 million ($1.4 million), adding a further R$71 million in 2023.
However club debts grew from R$793 million ($155 million) in 2022 to R$822 million ($160 million) the following year.

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Vitesse launch crowdfunding campaign in bid save club from folding

Vitesse launch crowdfunding campaign in bid save club from folding | The Business of Sports Management | Scoop.it

May 3 – Dutch Eredivisie outfit Vitesse has started a crowdfunding campaign in a bid to retain the club’s professional status.
Vitesse is in deep financial difficulty and has a deadline of two weeks to address the situation. The club is yet to obtain a professional license to enable it compete in next season’s league.
“Let your yellow-black heart speak, just like me,” said John Van den Brom, Vitesse’s manager.
Leo Beenhakker and Lois Openda are other ambassadors who have endorsed the crowdfunding.

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Thousands of players are part of MCO groups without regulations that protect their interests

Thousands of players are part of MCO groups without regulations that protect their interests | The Business of Sports Management | Scoop.it
An estimated 13,000 players are now playing for clubs in multi club ownership groups (MCO), and the number of MCO groups continue to rise. Currently there is little regulation of these networks, and it poses a number of risks to players.
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LaLiga: Plans for Spanish top-flight matches abroad 2025-26

LaLiga: Plans for Spanish top-flight matches abroad 2025-26 | The Business of Sports Management | Scoop.it
President of LaLiga, Javier Tebas, has unveiled plans for Spanish
top-flight matches to be held abroad during the 2025-26 campaign.
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The five greatest doping scandals in sport - and Kenya's marathon attempt to join in

The five greatest doping scandals in sport - and Kenya's marathon attempt to join in | The Business of Sports Management | Scoop.it
From Ben Johnson and BALCO to cycling's EPO era and state-sponsored plots in East Germany and Russia, sport has been littered with drugs controversies. Kenya's is still unfolding
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