Big Five leagues spend £5bn on players in transfer window
Clubs in Europe's so-called Big Five football leagues spent a record €5.5bn (£5bn) in the 2019 summer
transfer window, according to analysis from Deloitte.
That is an increase of €900m on the previous
record - set in summer 2018;
Premier
League clubs spent £1.41bn in the 2019 summer transfer
window, with a net spend of £575m. Net spend fell by £50m since the
league’s deadline day on 8 August 2019, the lowest net spend since summer 2015;
Spain's La Liga clubs spent a record €1.37bn, exceeding €1bn for the first time and more
than doubling their expenditure from just two years ago;
Clubs in Italy's Serie A (€1.17bn), Germany's Bundesliga (.€740m) and France's Ligue 1 (.€670m) all set new transfer records in this summer’s window;
Scottish Premiership clubs spent an
estimated £25m, nearly all attributable to Old Firm rivals Celtic and Rangers,
as other SPFL clubs took advantage of loan deals and free transfers to enhance
their squads.
Former
BT Sport and Sky executive Delia Bushell has been appointed as chief executive
of The Jockey Club, the largest commercial group in British horseracing.
She is the first female chief executive of the
group, which operates some of the biggest racing events in the UK, including the
Cheltenham Festival, Randox Health Grand National and The Investec Derby
Festival.
She
spent three years at BT Group as managing director of its TV and Sport
division, overseeing BT’s Sport channels and the securing of premium sports and entertainment rights, such as
the English Premier League, Uefa Champions League, Premiership Rugby, FA Cup,
Moto GP and The Ashes.
Prior to this, she spent 14 years at Sky in a variety of roles.
She will join The Jockey Club in early September
and, following a period of handover, succeed current boss
Simon Bazalgette.
Claire Nelson, chief executive of Netball Scotland, told Wake Up to Money about the inequality in female sport, which gets 1% of total sports sponsorship.
Netball is televised on Sky but she said "we do not get any money, we have to pay production costs".
"For me, having a Sky sports logo helps me to try and attract some investors and bring some commercial sponsors in".
She says there has been increased interest in her sport, saying there have been big viewing numbers for the sport.
"We need more eyeballs on us, free-to-air BBC channels are critical to us," she said.
"I want to see that shift that women's sport, and particularly netball, starts to get invested in as male sports does," she said.
It is also a way to reach women, she says, who are the "most powerful consumers and decision makers in the home".
"That for me is what I pitch to sponsors. The fact you've got so many women coming to watch a sports event, that's a game changer".
Business of cricket
BBC Radio 5 Live
Wake Up to Money
Getty ImagesCopyright: Getty Images
Dr Paul Smith, senior lecturer in media and communication at De Montfort University, has been speaking to Radio 5 Live's Wake Up to Money about the business of cricket.
He explains that there is a "balancing act" for the sport - the money from pay TV and the visibility of free-to-air.
He provided these numbers: cricket got £15m a year when it was on free TV in the mid 1990s. That increased to £50m a year when it went to pay TV - and this season the sport received £75m.
A circular detailing the proposal was issued to all shareholders.
A vote was held at a general meeting at Pittodrie on Tuesday afternoon.
'Sport outpacing other parts of the leisure economy'
AFPCopyright: AFP
The average time spent participating in and consuming sport has grown by 22% over the
last 10 years - almost double the rate of overall leisure time growth (12%), according to data from sports agency Two Circles.
In the same period, global leisure time increased at
an average growth rate of 1.1% year-on-year or 12% across the decade, it said.
"Data shows that as technology and growing disposable income
increases the amount of free time the average person has to pursue recreational activities , the global
population is turning to sport over other pastimes," they added.
This is due to a greater emphasis being placed on
health and fitness, a greater supply of sports media, and sport’s growing cultural relevance.
"The successes of the major US leagues’ international expansion strategies; the Premier League’s
continued global viewership growth; and the exponential growth of women’s sport - seen with the
ongoing FIFA Women's World Cup - are just three prominent examples of sport’s continued
penetration into everyday global life."
Last night England’s Women’s World Cup semi-final match against the US delivered a
record broadcast audience for a women’s football game in the UK.
Aberdeen FC shareholders set to vote on private move
ReutersCopyright: Reuters
Shareholders are set to vote on whether to back Aberdeen FC becoming a private limited company.
Live Reporting
All times stated are UK
Manchester United revenues hit new record high
By Bill Wilson
Business reporter, BBC News
Despite the strong results, the football club says it still values its success on the field most highly.
Read moreThe young brothers who signed up Andy Murray
By Dearbhla Gavin
Reporter, BBC News
How the UK's leading tennis star is helping Tom and Phil Beahon grow their sportswear brand.
Read moreChelsea to the City: Goalie who joined Goldman Sachs
By Bill Wilson
Business reporter, BBC News
Goalkeeper quits top flight women's football at the age of 25 to start a new career in finance.
Read moreWomen in sport: A fair playing field?
Big Five leagues spend £5bn on players in transfer window
Clubs in Europe's so-called Big Five football leagues spent a record €5.5bn (£5bn) in the 2019 summer transfer window, according to analysis from Deloitte.
That is an increase of €900m on the previous record - set in summer 2018;
Premier League clubs spent £1.41bn in the 2019 summer transfer window, with a net spend of £575m. Net spend fell by £50m since the league’s deadline day on 8 August 2019, the lowest net spend since summer 2015;
Spain's La Liga clubs spent a record €1.37bn, exceeding €1bn for the first time and more than doubling their expenditure from just two years ago;
Clubs in Italy's Serie A (€1.17bn), Germany's Bundesliga (.€740m) and France's Ligue 1 (.€670m) all set new transfer records in this summer’s window;
Scottish Premiership clubs spent an estimated £25m, nearly all attributable to Old Firm rivals Celtic and Rangers, as other SPFL clubs took advantage of loan deals and free transfers to enhance their squads.
Liverpool stadium expansion plan 'to lapse'
More "ambitious" proposals under a new planning application will be submitted, the club says.
Read moreJuventus call for earlier kick-offs
By Simon Stone
BBC Sport
Italian champions Juventus want Serie A to schedule more league matches earlier in the day to help the club grow in Asia.
Read moreAre football clubs paying enough?
Ladbrokes Coral fined after customer lost £98,000
Gambling Commission censures betting giant after customer spent £1.5m in three years without checks.
Read moreJockey Club appoints first female chief executive
Bill Wilson
BBC business reporter
Former BT Sport and Sky executive Delia Bushell has been appointed as chief executive of The Jockey Club, the largest commercial group in British horseracing.
She is the first female chief executive of the group, which operates some of the biggest racing events in the UK, including the Cheltenham Festival, Randox Health Grand National and The Investec Derby Festival.
She spent three years at BT Group as managing director of its TV and Sport division, overseeing BT’s Sport channels and the securing of premium sports and entertainment rights, such as the English Premier League, Uefa Champions League, Premiership Rugby, FA Cup, Moto GP and The Ashes.
Prior to this, she spent 14 years at Sky in a variety of roles.
She will join The Jockey Club in early September and, following a period of handover, succeed current boss Simon Bazalgette.
Manchester City and Nissan extend sponsorship deal
By Bill Wilson
Business reporter, BBC News
Nissan will be the official auto partner to City Football Group teams in the UK, US and Australia.
Read moreRare Nike trainers sell for more than £350,000
Historic 1970s running shoes smash their expected selling price at auction in New York.
Read moreNZ Rugby cancels 'fraudulent' match tickets
The sport's governing body in New Zealand said the tickets had been re-sold on the secondary market.
Read moreInequality of netball
BBC Radio 5 Live
Wake Up to Money
Claire Nelson, chief executive of Netball Scotland, told Wake Up to Money about the inequality in female sport, which gets 1% of total sports sponsorship.
Scotland did not make the top eight in the Netball World Cup but will play Barbados on Saturday to rank 11th or 12th.
Netball is televised on Sky but she said "we do not get any money, we have to pay production costs".
"For me, having a Sky sports logo helps me to try and attract some investors and bring some commercial sponsors in".
She says there has been increased interest in her sport, saying there have been big viewing numbers for the sport.
"We need more eyeballs on us, free-to-air BBC channels are critical to us," she said.
"I want to see that shift that women's sport, and particularly netball, starts to get invested in as male sports does," she said.
It is also a way to reach women, she says, who are the "most powerful consumers and decision makers in the home".
"That for me is what I pitch to sponsors. The fact you've got so many women coming to watch a sports event, that's a game changer".
Business of cricket
BBC Radio 5 Live
Wake Up to Money
Dr Paul Smith, senior lecturer in media and communication at De Montfort University, has been speaking to Radio 5 Live's Wake Up to Money about the business of cricket.
In case you need reminding, England won the World Cup on Sunday.
He explains that there is a "balancing act" for the sport - the money from pay TV and the visibility of free-to-air.
He provided these numbers: cricket got £15m a year when it was on free TV in the mid 1990s. That increased to £50m a year when it went to pay TV - and this season the sport received £75m.
What is golf doing to attract more women players?
By Bill Wilson
Business reporter, BBC News
Golf has realised it needs to make the sport more attractive to women, on and off the playing course.
Read moreNike loses aid as 'racist trainer' row intensifies
Arizona pulls factory grant after the firm's "unpatriotic" withdrawal of allegedly racist trainer.
Read moreAberdeen FC shareholders vote backs private company move
Shareholders have voted in favour of Aberdeen FC becoming a private limited company.
Chairman Stewart Milne said last month thatchanging from a public limited company could unlock £2m of potential investment in the club, as well as making it easier to attract more capital in future.
A circular detailing the proposal was issued to all shareholders.
A vote was held at a general meeting at Pittodrie on Tuesday afternoon.
'Sport outpacing other parts of the leisure economy'
The average time spent participating in and consuming sport has grown by 22% over the last 10 years - almost double the rate of overall leisure time growth (12%), according to data from sports agency Two Circles.
In the same period, global leisure time increased at an average growth rate of 1.1% year-on-year or 12% across the decade, it said.
"Data shows that as technology and growing disposable income increases the amount of free time the average person has to pursue recreational activities , the global population is turning to sport over other pastimes," they added.
This is due to a greater emphasis being placed on health and fitness, a greater supply of sports media, and sport’s growing cultural relevance.
"The successes of the major US leagues’ international expansion strategies; the Premier League’s continued global viewership growth; and the exponential growth of women’s sport - seen with the ongoing FIFA Women's World Cup - are just three prominent examples of sport’s continued penetration into everyday global life."
Last night England’s Women’s World Cup semi-final match against the US delivered a record broadcast audience for a women’s football game in the UK.
Aberdeen FC shareholders set to vote on private move
Shareholders are set to vote on whether to back Aberdeen FC becoming a private limited company.
Chairman Stewart Milne said last month thatchanging from a public limited company could unlock £2m of potential investment in the club, as well as making it easier to attract more capital in future.
A circular detailing the proposal was issued to all shareholders.
A vote is now due at a general meeting at Pittodrie on Tuesday afternoon.
Read more here.