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Move comes months after Chelsea was sold to consortium led by American financier Todd Boehly for £2.5bn
Asia-Pacific travellers accounted for up to a fifth of companies’ global revenue before pandemic
Plus, COP27 gets under way and inflation is the main theme of economic news
Arbitrator says Murdoch-owned media group must pay at least $3.7bn if it wants minority stake in betting company
FC Barcelona counts the cost of Champions League exit, Jay Z and Bezos target Washington Commanders, and more.
Group’s former chief executive and chair of parent company face criminal charges over ‘temporary marketing gimmick’
Rental platform’s shares fell nearly 10 per cent on Wednesday, taking its year to date losses to 43 per cent
Profit margins expected to narrow in second half of year
Dollar-for-pound there’s no substitute
As the English Premiership faces steep financial headwinds, the issue of player welfare is threatening the entire sport
Box office takings are further off pre-pandemic levels than originally hoped
Virgin boss says UK holidays are ‘on sale’ for US tourists
Qatar World Cup’s sponsorship myth, the European Super League’s new goals, Ronaldo and Liz Truss, and more
Holiday Inn hotel owner reports US revpar up 6.2% and leisure travel earnings up 13%
Miami-based operator ‘gets creative’ with collateral on 10.75% yield bonds
Contentious breakaway football competition pledges to consider all options after collapse of original project
Airlines might find demand falters as effects of inflation and darkening global economy bite
Owner Suning becomes latest Chinese group to reduce exposure to European football
End of Covid-19 travel curbs raises hopes of $35bn economic boost from international visitors
The travel boss says it was the close-knit culture at the company that helped the group weather the Covid-19 crisis
Plus, football investors target Portugal and Spain, Japan’s Olympic clean-up, and more
Clubs with attractive price tags outside the big five leagues are in demand
Doubts over whether the wealthy gas nation can deliver have persisted ever since it won the host rights in 2010
Side suspended from league by RFU and faces similar fate to rival Worcester Warriors as financial woes worsen
Europe’s largest private equity company plans an IPO with implications for the entire sector
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