From sponsorships to industry-breaking announcements, the sporting business sector has been full of engaging news this week.
Insider Sport takes you day-by-day through some of the biggest stories of the week, including a Chinese team up for sale, PGA’s new betting application and Leixões being banned from Portuguese football competitions.
Former Liga NOS side Leixões banned for two years
Opening up the weekday was a doubleheader from the football landscape. Firstly, Portuguese second division club Leixões was banned from the Liga NOS and LigaPro, Portugal’s top two football leagues, for two years following ‘active corruption’ allegations. The side has expressed the desire to appeal against the ban, which expects the ban to be implemented at the end of the current season. Click to read more
Daniel Sturridge given four-month worldwide ban
The end of the day also announced that former Liverpool and England striker Daniel Sturridge had been handed a four-month suspension from football. The ban was in relation to his previous breach of the FA’s betting rules in 2017, with the FA deeming the original six-week ban too lenient. Click to read more
PGA Tour chips in on Golfbet app
Following yesterday’s football news, PGA Tour announced a collaboration with The Action Network, creating a new betting-content application, GolfBet. The PGA Tour will provide the platform with a variety of content assets, including footage rights, video content, and official data along with the app creating written articles for golf punters. Click to read more
How influencers can have a huge impact in sport
On Wednesday Insider Sport spoke to Sam Fowler of The Goat Agency to discuss how influencers on platforms on Youtube and Twitch can benefit the current sporting landscape. In the exclusive interview, Fowler discusses how using influencers such as KSI and Logan Paul can drive younger audiences into otherwise older generational sports such as boxing. Click to read more
Chinese side Tianjin Tianhai available for free
As the working week was slowly coming to an end, Chinese Super League side Tianjin Tianhai unexpectedly broke the news that the club’s owners would be willing to sell the team for free. The terms of this deal included that the successor would be a suitable owner and the new possessor paid off the club’s debts. Click to read more
Mybet partners with German ice hockey league following financial revival
The sporting business industry ended on a happy conclusion as mybet, a bookmaker close to liquidation, has partnered with the German ice hockey league Deutsche Eishockey Liga (DEL) for its play-off knockout phase. In 2018 mybet was forced into administration following a spoilt buyout which saw the company become insolvent. However, after a last-minute settlement the brand has started to gain traction, leading to the DEL deal. Click to read more