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Sports Market

Business news, analysis and updates on companies operating in the UK’s sports sector.

News

P2P sports gambling platform BuddyBet nets $3 million funding eight months after launch

A social networking-based online betting business set up in August 2012 has netted a $3 million investment from a number of private investors.

News

Go-kart operator TeamSport Racing drives off with £9 million backing

The management of TeamSport Racing has led a buy-out of the business with help from Connection Capital.

News

Rangers FC joins AIM as ‘Buy Rangers’ scheme contributes £250,000

Scottish football club Rangers has joined the Alternative Investment Market having initially declared its desire to back in early October.

News

Ken Bates sells Leeds United to GFH Capital to bring in squad development capital

Leeds United Football Club has been acquired by a Dubai-based investment bank.

News

Rangers supporters urged to invest in ‘Buy Rangers’ scheme ahead of AIM listing

Fans of Rangers Football Club are being offered the chance to invest in their team through commitments starting at £125.

News

Rangers Football Club to join rivals Celtic on AIM and offer fans chance in invest

Embattled Scottish football club Rangers has unveiled plans to list on the Alternative Investment Market and raise funds for squad development.

News

Ontario Teachers’ Pension Plan scores Goals acquisition

UK-listed Goals Soccer Centres has been acquired by Ontario Teachers' Pension Plan in a deal worth £73 million.

News

Sportradar secures big investment to help with acquisitive growth

European private equity firm EQT has invested €44 million in Sportradar from its EQT Expansion Capital II fund.

News

Northern sportswear business gets ISIS seal of approval

ISIS Equity Partners has led an investment round into sportswear brand inov-8, its third transaction of 2012.

News

Sports investment firm joins PLUS

PLUS new issue China Sports Development has become the third admission to the junior market during 2012 as part of its plans to tap into the lucrative sports market in China.

News

Darlington FC puts future in crowdfunding

Cash-stricken Darlington FC is using crowdfunding to move out of administration and towards a sounder financial footing.

Growth Planning

Growing the smaller global game

Five-a-side football has grown significantly since launching in the 1980s. Powerleague’s commercial director Nigel Hargreaves explains the business's plans for international expansion including a tilt at America.