Governance
Al-Musallam backed to continue leading World Aquatics
Husain Al-Musallam has been re-elected as president of World Aquatics, securing a new eight-year term at the helm of the governing body.
FIGC announces profit despite missing out on 2022 World Cup
The Italian Football Federation (FIGC) recorded a €2.5m profit for its 2022 financial year despite a drop in total revenue after the men’s national side failed to qualify for the Fifa World Cup in Qatar.
World Aquatics details financial strain of ISL legal battle
World Aquatics has spent over $10m (€9m) in legal fees in its bid to maintain control of the sport over the past three years, according to financial statements released today (Monday).
FIS and Infront strike peace deal over media rights centralisation
The International Ski and Snowboard Federation (FIS) and Infront have hammered out the details of a centralised media rights ‘framework agreement’ that brings to an end a long-running feud over the own…
Rugby Australia goes for growth by diplomacy in new JRFU pact
Australia and Japan's rugby union teams will face each other more often throughout this decade as their respective governing bodies forge closer commercial and governance ties
NFL owners approve record $6bn takeover of Commanders, Snyder to pay $60m after investigation
The National Football League's owners have unanimously approved the sale of the Washington Commanders for a reported record $6.05bn (€5.4
‘An immense failure’: challenger von Arnim hits out at ITF president’s reign
Dietfloff von Arnim, the challenger in the race to become the next president of the International Tennis Federation, has criticised incumbent David Haggerty for the peril he has left the governing body…
ITF hails ‘robust finances’ but 2022 accounts aided by one-off payments
David Haggerty, president of the International Tennis Federation, has hailed the "robust" finances and "strong commercial" future of the governing body, two months ahead of an election where he faces a serious challenge.
Dwyane Wade joins WNBA’s Chicago Sky ownership group
Three-time National Basketball Association champion and Hall of Fame electee Dwyane Wade is set to join the WNBA's Chicago Sky ownership group
Garber says MLS ‘will discuss’ sovereign investments
Major League Soccer commissioner Don Garber has said that the league is open to investment from sovereign wealth funds.
Speaking to Bloomberg Television at the Allen & Co
Barcelona, Manchester United among clubs fined for breaching Uefa’s financial rules
Barcelona and Manchester United were among the clubs fined today (Friday) by European governing body Uefa for breaching its Financial Fair Play (FFP) rules in the 2022-23 season
Men’s March Madness field not expanding yet
The National Collegiate Athletic Association (NCAA) Division I Men's Basketball Committee discussed expanding the 68-team field for its marquee March Madness tournament but has elected not to expand …
ICC approves new revenue distribution model, commits to equal prize money
The International Cricket Council has approved a new revenue distribution model for the next four years that will result in the largest-ever investment in the sport, with the governing body also announcing…
Goodell: NFL to ‘contemplate’ sovereign investment
National Football League commissioner Roger Goodell said that the league will "contemplate" investments from sovereign wealth funds
German watchdog accepts DFL’s 50+1 proposal
Germany’s competition regulator has accepted the German Football League’s (DFL’s) proposal to tighten the 50+1 ownership rule covering Bundesliga clubs.
T
CAF losses narrow as commercial revenues exceed $125m
The Confederation of African Football has claimed it is "firmly on a path to financial recovery" after today (Thursday) announcing commercial revenues of $125.2m (€112m) for 2022-23.
Carney review: Women’s football can be billion-pound industry
A major review of women's football in England has recommended a series of changes to the governance of the game with its author, the former international Karen Carney, claiming that the sport could become…
MLB to visit four countries in 2024, including first Korea game
Major League Baseball has announced the MLB World Tour will visit four countries in 2024, including a first-ever series in South Korea between the Los Angeles Dodgers and San Diego Padres