Is bigger always better? The commercial and legal challenges of expanding the NRL (Part II)
August 19, 2021
Despite negotiations slowing in the wake of a second wave of COVID-19 in Australia, the Australian Rugby League Commission (ARLC) remains committed to adding a new club to expand the national first grade competition, the National Rugby League (NRL).
Is bigger always better? The commercial and legal challenges of expanding the NRL (Part I)
July 22, 2021
For any rugby league fan in Australia, whispers of expanding the national first grade competition, the National Rugby League (NRL), brings great interest and debate. In recent months, the Australian Rugby League Commission (ARLC) Chairman Peter V'landys and NRL CEO Andrew Abdo have expressed concrete plans to add a second Brisbane-based club in 2023 and hope to introduce a further 18th club to the league by 2027.
Financing of sports businesses under the Covid Corporate Financing Facility
June 30, 2020
On 4 June 2020 Tottenham Hotspurs Stadium Ltd (THS) announced that it had issued £175 million of commercial paper under the Bank of England’s Covid Corporate Financing Facility (CCFF).
Governance reform amidst a pandemic: the unenviable task facing World Rugby’s re-elected chairman, Sir Bill Beaumont
May 19, 2020
Sir Bill Beaumont has won the race to be re-elected World Rugby’s chairman for another four years. The former England and Lions captain saw off a spirited challenge from his vice-chairman, Agustín Pichot, who had vowed to shake up rugby union in order to capitalise on its growing international appeal following the success of the 2019 Rugby World Cup in Japan.
A tech guy with a jumper: how an NBA player plans to transform his contract into a tokenized investment vehicle
April 03, 2020
Spencer Dinwiddie of the Brooklyn Nets (the Nets) is having a career year in the National Basketball Association (the NBA), both on and off the court.
Sick Days: the impact of a global pandemic on sports related contracts
April 01, 2020
The past few weeks have seen the widespread cancellation of sporting events around the world due to the COVID-19 pandemic. The NBA, NHL, MLS, and MLB seasons have been postponed, NCAA’s March Madness tournament has been cancelled, soccer across Europe has been suspended, and the USA PGA Championship and the Masters will be postponed.
Football’s emerging investment market
October 29, 2018
According to Bloomberg, football is the most popular sport in the world. Lenders and other investors, however, may take a more cautious view with respect to lending to or investing in football clubs due to the unpredictability of their cash flows.