UEFA posts €74 million deficit for pandemic-hit 2019-2020 financial year
The European football body UEFA has posted a deficit of €73.9 million (£63.8 million/$88.7 million) for the COVID-hit 2019-2020 financial year.
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Australian Olympic Committee suffers deficit in centenary year
The Australian Olympic Committee (AOC) has recorded a AUD$938,000 (£524,000/$726,000/€606,000) deficit for 2020, its centenary year.
French cycling market grows 25 per cent by value during strong 2020
The French cycling market shot through the €3 billion (£2.6 billion/$3.6 billion) barrier in 2020, as consumers seemingly turned to bicycles to help them to navigate some of the trials and tribulations of life in a pandemic.
Chinese economy records stunning 18 per cent growth rate in first quarter
The Chinese economy is back to powering ahead after its brief derailment following the emergence of COVID-19.
Japan on course for strongest medal showing at a Summer Olympics
Host-nation Japan looks set for by far its strongest-ever showing at a Summer Olympics if Tokyo 2020 is able to proceed as rescheduled in July and August.
Chinese regulator imposes heavy fine on key IOC sponsor Alibaba
One of the International Olympic Committee's (IOC) most important sponsors is reported to have been fined a record CNY18.2 billion (£2 billion/$2.8 billion/€2.3 billion) by Chinese regulators.
FIFA hands out more than $45 million in loans to national associations under COVID-19 relief plan
World football governing body FIFA doled out not far off $50 million (£36 million/€42 million) of interest-free loans to national associations during the first six months when its COVID-19 relief plan was in operation.
Olympic family members to be barred from Tokyo 2020 Village
Olympic family members attending this summer’s Games in Tokyo are to be barred from visiting the Olympic Village.
FIFA insures 2022 World Cup for $900 million
FIFA has secured insurance for the Qatar 2022 World Cup, with the disclosure coming in the small print of the governing body's newly-published 2020 financial statements.
Sign of the times: FIFA looks to have generated more income from video gaming than football in 2020
In what is potentially a landmark moment for sport, FIFA appears last year to have generated more revenue from video gaming than from football.
Li Ning - the moonwalker of Bird’s Nest stadium - turns SPAC invader with $250 million investment plan
The man who famously moonwalked around the roof of Beijing’s Bird’s Nest stadium has joined in the financial world’s latest fad.
Exclusive: European NADOs particularly slow to bring rules into line with new World Anti-Doping Code
Fewer than four in 10 European National Anti-Doping Organisations (NADOs) had amended their rules in line with the new World Anti-Doping Code by the time it came into effect last January.
IOC international sponsorship programme set to raise record $3 billion in 2021-2024 cycle
The Olympic Partner (TOP) worldwide sponsorship programme is set to raise around $3 billion (£2.15 billion/€2.5 billion) in the 2021 to 2024 quadrennium, International Olympic Committee (IOC) President Thomas Bach has revealed.
Company founded by twin Olympic oarsmen to sponsor 2021 University Boat Race
A company founded by two Olympic oarsmen has been unveiled as principal sponsor of next month’s Oxford versus Cambridge University Boat Race.
Statue to women’s sports pioneer Alice Milliat unveiled in Paris
A striking statue of women’s sports pioneer Alice Milliat has been unveiled, to the strains of the Olympic Anthem, at the House of Sport in Paris.
