The 2010 Australian Grand Prix posted a AUS$49.2m loss, it has been announced.
The Australian Grand Prix Corporation (AGRC) said the global financial crisis had continued t...More>
The 2010 Tri-Nations rugby tournament will boost the sport and leisure economy of the southern hemisphere by $175m, according to a new study.
The MasterCard report predicte...More>
Clubs in Europe’s five biggest football leagues slashed their transfer spending by 29 per cent to 1.32bn euros over the summer, according to a new report.
Spending plummete...More>
Ukraine has announced a reduction in the Government budget to co-host the 2012 European Championships by more than a fifth, with $2bn (£1.3bn) cut from the original $9bn....More>
Premier League clubs spent 22 per cent less in this summer’s transfer window than they did last year, according to a new report.
The 20 clubs in England's top flight spent ...More>
The National Football League’s 32 teams fell in value by a combined 2 per cent last season – the first decline since Forbes began its survey 12 years ago.
The value of 21 t...More>
Poland’s sports minister has predicted that staging the European Championships in 2012 will generate 28bn zlotys ($9.1bn) for the country’s economy.
Adam Giersz believes th...More>
Manchester United's owners the Glazer family have been hit with a steep rise in their annual debt payments after the club exceeded a limit on their overall borrowings which fo...More>
Britain’s athletes may not feel the full force of the Government’s planned budget cuts until after the 2012 Olympics, according to experts.
But sportsmen and women have bee...More>
A new report from Sport England has revealed that sport now plays a bigger part in the country’s economy than at any time for the last 25 years.
The study by Sheffield Hall...More>
Some of English cricket's most iconic grounds face the prospect of insolvency unless there is significant change to the game's financial structure and a new approach to Twenty...More>
European football’s biggest leagues would be bankrupt within two years if they were “normal” companies, a new report has claimed.
An A.T. Kearney study that looked at teams...More>
At least half of Britain's Olympic sports could have their funding cut before the London 2012 Olympics if the Government spending review in the autumn demands further belt tig...More>
Manchester United remains the most valuable sports team in the world, according to Forbes.
The Premier League club is valued at $1.84bn in the latest Forbes list of the wor...More>
The Olympic Delivery Authority (ODA) has announced that it has successfully absorbed the £27m reduction in its budget demanded by the British Government as part of its wi...More>
The British Government has been warned it is “throwing away” the London 2012 Olympics legacy by cutting sports budgets as part of its massive savings drive.
The full impact...More>
Football clubs are using insolvency as a business tactic, a new report has claimed.
Research published by the International Journal of Sports Marketing & Sponsorship shows ...More>