Category: Start A Small Business

FinCEN Files: Roman Abramovich had secret stakes in rival players

Image copyright Getty Images Chelsea owner Roman Abramovich held secret investments in footballers not owned by his club, an investigation has discovered. The players included the Peruvian winger Andre Carrillo, who turned out against Chelsea in Champions League matches in 2014. He held rights in the players through a company based in the British Virgin Islands. Mr Abramovich’s spokeswoman stressed… Read more →

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Rugby League World Cup 2021 in England aims for high impact

Image copyright Chris Hyde/Getty Images Next year’s sporting calendar is shaping up to be a crowded one, with the staging of the delayed 2020 Olympic Games and European football championships, but one major event being held in England believes it can cut through the clutter. Organisers of the 2021 Rugby League World Cup believe their tournament is unique – with… Read more →

UK’s winter athletes aim for a record Olympic medal haul

Image copyright Hannah Peters/Getty Images Vicky Gosling has faced a number of challenges in her professional life, from serving in the Gulf War in 2003, to running the first overseas edition of Prince Harry’s Invictus Games for disabled military veterans. But her new task – to increase Great Britain’s haul of snowsport medals at the Beijing 2022 Winter Olympics, and… Read more →

Tokyo Olympics postponement leaves UK firms in limbo

Image copyright Getty Images Image caption With the Tokyo Olympics delayed to 2021 due to Covid-19, UK firms have seen their plans disrupted The world of sport has been severely disrupted by Covid-19, with headlines highlighting everything from cancelled events and empty stadiums, to athlete health and spectator safety. But the pandemic has also had a huge knock-on effect on… Read more →

Davos 2020: Can Formula 1 really go ‘carbon neutral’ by 2030?

Image copyright Formula 1 Image caption F1 wants to be ‘carbon neutral’ by 2030 It is no secret that Formula 1 racing is a polluting sport, or that its previous owner Bernie Ecclestone wasn’t particularly interested in sustainability. But things have changed since the elite motor-racing series was taken over by US media giant Liberty Media in 2017. Last year… Read more →

Manchester United’s revenue falls by nearly 12%

Image copyright Getty Images Manchester United’s revenue fell by nearly 12% in the six months to December, largely because of the club’s absence from the Champions League. Broadcasting revenue fell by 33.4% over the period, although commercial revenue rose by 6.5% and matchday revenue remained largely the same. For 2020, the club expects its total revenue to be between £560m… Read more →

Upcycling sports shirts and aeroplane seats

Image copyright Looptworks “When I started talking about upcycling, people thought I was talking about riding bikes uphill,” laughs Scott Hamlin. But the former Adidas boss has a simple, yet ingenious, business model – he buys unwanted tops from professional sports teams, upcycles them into merchandise and sells it back to them. He first began the business with Portland Trail… Read more →