sports business

LIV Golf files for Chapter 11 bankruptcy, proposes player ownership model

LIV Golf filed for Chapter 11 bankruptcy protection on Tuesday in the United States Bankruptcy Court for the District of New Jersey, marking a dramatic turn for the Saudi-backed league that once lured some of the world's top golfers with…

Infantino sought $250M for U-15 World Cup without telling FIFA Council

FIFA President Gianni Infantino solicited more than $250 million in private investment proposals for a proposed Under-15 World Cup without informing the FIFA Council, according to The Athletic. The revelation adds another layer of controversy to Infantino's tenure, which has…

Bezos-backed consortium acquired 38% of Liverpool, not the third initially reported

A consortium including Amazon Amazon.com, Inc. founder Jeff Bezos has acquired approximately 38 percent of Liverpool Football Club from Fenway Sports Group, marking the billionaire's first foray into professional sports ownership and one of the largest deals in football history.

Bezos consortium agrees to buy 30% Liverpool stake in £1.5bn deal

Fenway Sports Group announced Friday that it has reached a "definitive agreement" to sell approximately 30% of Liverpool Football Club to 1892 Holdings, a consortium that includes Amazon Amazon.com, Inc. founder Jeff Bezos, Facebook co-founder Eduardo Saverin, and British-Indian entrepreneur…

World Leagues Association urges FIFA to withdraw World Cup sell-off plan

FIFA is pushing to secure private investment in its new commercial subsidiary by the end of October, according to documents obtained by the Press Association, as opposition from European football's governing body and major leagues intensifies over a proposal critics…

Blatter blasts FIFA’s $20B plan to sell World Cup stakes

Former FIFA President Sepp Blatter on Wednesday sharply criticized the football governing body's plans to create a $20 billion subsidiary to manage the World Cup, calling the tournament a cultural heritage that should not be turned into a commercial asset…

FIFA plans to sell stake in new $20B commercial entity

FIFA is planning to sell a minority stake in a new commercial vehicle valued at approximately $20 billion, the Financial Times reported on Monday, marking the first time world football's governing body has opened itself to outside investment as it…

Spain beats Argentina 1-0 in World Cup final amid debate over soccer’s American makeover

Spain's 1-0 victory over Argentina in Saturday's final at MetLife Stadium brought the curtain down on the 2026 FIFA World Cup, but the debate over what the tournament means for the future of the sport is only beginning. In a…