Sports Archives - Livemint News Today https://www.livemintnewstoday.com/category/sports/ Latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from across the World Thu, 15 Feb 2024 10:45:00 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Swansea sports event scoops top world ranking https://www.livemintnewstoday.com/swansea-sports-event-scoops-top-world-ranking/ https://www.livemintnewstoday.com/swansea-sports-event-scoops-top-world-ranking/#respond Thu, 15 Feb 2024 10:45:00 +0000 https://www.livemintnewstoday.com/swansea-sports-event-scoops-top-world-ranking/ IRONMAN 70.3 Swansea has been held for the past two summers and is due back this summer, featuring a 1.2-mile swim, 56-mile cycle and 13.1-mile run. It will return in July with its run course having been named the third best in the event’s world calendar – and the best across Europe, the Middle East and Africa. The...

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IRONMAN 70.3 Swansea has been held for the past two summers and is due back this summer, featuring a 1.2-mile swim, 56-mile cycle and 13.1-mile run.

It will return in July with its run course having been named the third best in the event’s world calendar – and the best across Europe, the Middle East and Africa.

The run sees athletes go twice on a loop from the Maritime Quarter and through the Marina along the prom and back along the prom and parts of the seafront main road.

Come rain or shine, runners enjoy it due to factors such as its flat route and its stunning views across the broad sweep of Swansea Bay.

The event is held with the support of Swansea Council and the Welsh Government. It attracts thousands of competitors, supporters and local spectators who enjoy a free day of world class sport.

It’s estimated that the IRONMAN event brings around 20,000 spectators to Swansea. Together with the World Triathlon Para Series it’s estimated to be worth more than £2m to the local economy.

Robert Francis Davies, Swansea Council’s council cabinet member for investment, regeneration, events and tourism, said: “This is great news for Swansea and its IRONMAN 70.3 event.”

IRONMAN UK and Ireland project manager Rebecca Sutherland said: “The Swansea scores for our annual athlete’s choice awards were amazing and have been warmly welcomed in the IROMAN community.”

IRONMAN 70.3 Swansea, on Sunday, July 14 this year, will follow the city’s third staging of the 2024 World Triathlon Para Series on Saturday 22 in the SA1 Waterfront area.

(Lead image: Huw Fairclough for IRONMAN))

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Which are the best soccer leagues in the world? A ranked list of the top 12 https://www.livemintnewstoday.com/which-are-the-best-soccer-leagues-in-the-world-a-ranked-list-of-the-top-12/ https://www.livemintnewstoday.com/which-are-the-best-soccer-leagues-in-the-world-a-ranked-list-of-the-top-12/#respond Tue, 13 Feb 2024 08:00:00 +0000 https://www.livemintnewstoday.com/which-are-the-best-soccer-leagues-in-the-world-a-ranked-list-of-the-top-12/ There are hundreds of professional football leagues worldwide. FIFA, being the governing body for football globally, oversees leagues played in the six regional confederations the world is divided into: CAF (Africa), AFC (Asia and Australia), UEFA (Europe), CONCACAF (North & Central America and the Caribbean), OFC (Oceania) and CONMEBOL (South America). All these confederations have...

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There are hundreds of professional football leagues worldwide. FIFA, being the governing body for football globally, oversees leagues played in the six regional confederations the world is divided into: CAF (Africa), AFC (Asia and Australia), UEFA (Europe), CONCACAF (North & Central America and the Caribbean), OFC (Oceania) and CONMEBOL (South America). All these confederations have their own soccer leagues. Read on to know the 12 best soccer leagues in the world.

A soccer ball placed on the ground in sports stadium. Photo: pexels.com, @Pixabay (modified by author)
Source: UGC

The Premier League has been hailed as the most thrilling league globally for over three decades. The League has been successful in monetary sense and popularity since it was renamed the “English Premier League” in 1992. Discover the top competitors of this world’s greatest football league below.

Best soccer leagues in the world ranked by Opta Power Rankings

Opta’s Power Rankings is a global team ranking system for nearly 13,500 football teams. The system ranks teams from 183 countries and 413 domestic leagues on a scale of zero to 100, where zero is the worst-ranked team in the world, and 100 is the best team in the world. Below are the world’s best soccer leagues ranked by the Opta Power Rankings:

12. Turkish Super Lig – Turkey

best soccer leagues
Dries Mertens (10) of Galatasaray celebrates with a flag after Turkish Super Lig match between Galatasaray and MKE Ankaragucu in Istanbul on 4 January 2023. Photo: Arif Hudaverdi Yaman/Anadolu Agency
Source: Getty Images
  • Founded: 21 February 1959
  • Headquarters: Istanbul, Turkey
  • Domestic cup (s): Turkish Cup; Turkish Super Cup
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: Galatasaray (2022–23; 23rd title)
  • Most championship: Galatasaray (23 titles)

The Süper Lig, or Turkish Super Lig, is one of the top football leagues in the world. The league is officially known as Trendyol Süper Lig for sponsorship reasons and is run by the Turkish Football Federation. There were 18 clubs in the Süper Lig until 2020, and 20 Clubs have been competing in the Süper Lig starting from 2020.

The league’s season runs from August to May, with each club playing the others twice (a double round-robin system) – once at their home stadium and once at that of their opponents – for a total of 38 games.

Seventy-five clubs have participated in the Süper Lig, but only six have won the title to date: Galatasaray (23), Fenerbahçe (19), Beşiktaş (16), Trabzonspor (7), İstanbul Başakşehir (1) and Bursaspor (1). In the 2023-24 season, twenty clubs compete, where a champion is decided, and three clubs are promoted from and relegated to the 1. Lig.

11. Swiss Super League – Switzerland

best soccer leagues
FC Basel fans display a big flag for Fabian Frei #20 of FC Basel 1893 after the Swiss Super League match between FC Lausanne-Sport and FC Basel on 8 May 2022 in Lausanne, Switzerland. Photo: RvS.Media
Source: Getty Images
  • Founded: 1898
  • Headquarters: Zurich, Switzerland
  • Domestic cup (s): Swiss Cup
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current champions: Young Boys (2022–23; 16th title)
  • Most championships: Grasshopper (27 titles)

The Swiss Super League has 19 teams and is played over 36 rounds from late July to May. The league’s season included a winter break from mid-December to the first week of February. Each team plays each other four times, twice at home and twice away, in a round-robin. Grasshopper has won the most Swiss Super League championships (27 titles).

10. Brazilian Serie A – Brazil

Ranking of the best soccer leagues in the world
Fans of Sao Paulo during the match against Santa Cruz for the Brazilian Series A 2016 at Pacaembu Stadium on 11th December 2016, in Sao Paulo, Brazil. Photo: Friedemann Vogel
Source: Getty Images
  • Founded: 23 August 1959
  • Headquarters: São Paulo, Brazil
  • Domestic cup (s): Copa do Brasil; Supercopa do Brasil
  • International cup (s): Copa Libertadores; Copa Sudamericana
  • Current championship: Palmeiras (2022–23; 11th title)
  • Most championships: Palmeiras (11 titles)

The Brazilian Serie A is called the Campeonato Brasileiro Série A. Many commonly refer to the contest as the Brasileirão or Brasileirão Assaí due to sponsorship with Assaí Atacadista. There are 20 clubs in the Brasileirão, and the league’s season is from May to December. Each club plays the others twice (a double round-robin system) – once at their home stadium and once at that of their opponents – for a total of 38 games. Brasileirão has a flair and samba touch. It is working on deals in international TV rights and sponsorships to bring in extra revenue for the clubs.

9. Belgian Pro League – Belgium

best soccer leagues
STVV players celebrate win with supporters during the Jupiler Pro League match between Royal Standard de Liege and Sint-Truidense VV in Belgium, on 25 September 2021. Photo: Perry van de Leuvert
Source: Getty Images
  • Founded: 1895
  • Headquarters: Wervik, Flemish Region, Belgium
  • Domestic cup (s): Belgian Cup; Belgian Super Cup
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: Antwerp (2022–23; 5th title)
  • Most championships: Anderlecht (34 titles)

The Belgian Pro League is the top league competition for association football clubs in Belgium. It operates on a system of promotion and relegation with the Challenger Pro League. The competition is officially called the Jupiler Pro League due to sponsorship reasons with Jupiler. It has been contested by 16 clubs from the 2023–24 season onwards, with Antwerp winning the 2022–23 season.

8. Portuguese Primeira Liga – Portugal

best soccer leagues
Benfica’s supporters wave their flags before the Portuguese Primeira Liga league match between SL Benfica and CD Santa Clara in Lisbon on 18 May 2019. Photo: Pedro Fiúza/NurPhoto
Source: Getty Images
  • Founded: 1934
  • Headquarters: Porto, Portugal
  • Domestic cup (s): Taça de Portugal; Supertaça
  • League cup(s): Taça da Liga
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current champion: SL Benfica (2022–23; 38th title)
  • Most championships: Benfica (38 titles)

The Primeira Liga, also known as Liga Portugal, is the top level of the Portuguese football league system. It was first known as “Campeonato da Liga da Primera Diviso” when it was established in 1934. The league is officially called Liga Portugal Betclic for sponsorship reasons. More than 70 teams have participated in the Primeira Liga championship, but only five clubs have won the contest. The three top winners are Benfica (38 victories), Porto (30 victories), and Sporting CP (19 wins).

7. Dutch Eredivisie – Netherlands

Leagues that have the best quality soccer in the world
Jubilant atmosphere of supporters with flags with logos during the Dutch Eredivisie match between FC Twente and Fortuna Sittard on 14th August 2022, in Enschede, Netherlands. Photo: ANP
Source: Getty Images
  • Founded: 1956
  • Headquarters: Zeist, Netherlands
  • Domestic cup (s): KNVB Cup; Johan Cruyff Shield
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: Feyenoord (2022–23; 16th title)
  • Most championships: Ajax (36 titles)

In the Netherlands, the Eredivisie League is the top division for professional football. Two years after professional football began in the Netherlands, the League was established in 1956. It is one of the most significant ones in Europe, according to many. UEFA ranks Eredivisie as the fifth-best League in Europe as of the 2022–23 season. It features 18 clubs. With 35, 24, and 15 titles won, the top three teams in this division are Ajax, Eindhoven PSV, and Feyenoord.

6. English Championship – England

best soccer leagues
Middlesborough fans wave their flags during the Sky Bet Championship game between Middlesbrough and Huddersfield Town in Middlesbrough, England, on 22 October 2022. Photo: John Early
Source: Getty Images
  • Founded: 2004
  • Headquarters: London, UK
  • Domestic cup (s): FA Cup
  • League cup(s): EFL Cup
  • International cup (s): UEFA Europa League (via FA Cup); UEFA Europa Conference League (via EFL Cup)
  • Current championship: Burnley (2022–23; 2nd title)
  • Most championships: Burnley; Newcastle United; Norwich City; Reading; Sunderland; Wolverhampton Wanderers (2 titles each)

The English Football League Championship (EFL Championship) is the highest division of the English Football League (EFL) and second-highest overall in the English football league system, after the Premier League. The league is also known as the Championship in England or the Sky Bet Championship (for sponsorship purposes). The league has 24 clubs, and Burnley won the 2022–23 edition.

5. French Ligue 1 – France

Leagues that have the best quality soccer in the world
Strasbourg supporters hold a giant logo ahead of the French L1 football match against Stade Rennais FC at Stade de la Meinau in Strasbourg on 1st October 2022. Photo: Frederick Florin
Source: Getty Images
  • Founded: 1932
  • Headquarters: Paris, France
  • Domestic cup (s): Coupe de France; Trophée des Champions
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: Paris Saint-Germain (2022–23; 10th title)
  • Most championships: Paris Saint-Germain (10 titles)

The French Ligue 1 is among the top five best leagues in soccer. The league is officially known as Ligue 1 Uber Eats for sponsorship reasons. It is under the Ligue de Football Professionnel, a French governing body that runs France’s major professional football leagues.

Twenty clubs compete in this league, and a promotion and relegation system is used to promote top teams to Ligue 2. League 1 seasons run from August to May. Clubs play two matches against the other teams in the league – one home and one away – totaling 34 matches for the season.

4. Spanish La Liga – Spain

Ranking of the best soccer leagues in the world
La Liga headquarters in Madrid, Spain. Photo: Cristina Arias
Source: Getty Images
  • Founded: 1929
  • Headquarters: Madrid, Spain
  • Domestic cup (s): Copa del Rey; Supercopa de España
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: FC Barcelona (2022–23; 27th title)
  • Most championships: Real Madrid (35 titles)

The Spanish La Liga is among the world’s top three best leagues in soccer. The Spanish Football League Championship has 20 competing teams, and sixty-two teams have previously participated. The top teams in this league are Real Madrid, Barcelona, Atletico Madrid, and Valencia.

Barcelona has won 27 La Liga championships, while Real Madrid has won 35. Legendary soccer players Lionel Messi and Ronaldo raised the bar for Spanish La Liga, and the league keeps improving every year, even without them.

3. Italian Serie A – Italy

best soccer leagues
Khvicha Kvaratskhelia’s fans with Georgia flags attend the Serie A football match between SSC Napoli and FC Internazionale. Photo: Andrea Staccioli/Insidefoto/LightRocket
Source: Getty Images
  • Founded: 1898
  • Headquarters: Milan, Italy
  • Domestic cup (s): Coppa Italia; Supercoppa Italiana
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current championship: Napoli (2022–23; 3rd title)
  • Most championships: Juventus (36 titles)

The Italian Serie A, officially known as Serie A TIM for sponsorship reasons, is a professional tournament for football teams in Italy. The winners are awarded the Scudetto and Coppa Campioni d’Italia. Since the 1929/30 season, the competition has been run in a round-robin format. According to the IFFHS report, Serie A was the strongest national League in the world in 2020. The league is home to three of the most well-known clubs in the world: Juventus, AC Milan, and Inter Milan.

2. German Bundesliga – Germany

best soccer leagues
Borussia Dortmund fans and flags feature before the Bundesliga match between Borussia Dortmund and FC Bayern München in Dortmund, Germany, on 4 November 2023. Photo: Jürgen Fromme – firo sportphoto
Source: Getty Images
  • Founded: 24 August 1963
  • Headquarters: Frankfurt, Germany
  • Domestic cup (s): DFB-Pokal; DFL-Supercup
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current champion: Bayern Munich (2022–23; 32nd title)
  • Most championships: Bayern Munich (32 titles)

The Bundesliga is the most-watched League in Germany. The league’s seasons run from August to May, with 18 clubs in competition, and matches are played on the weekends (Fridays, Saturdays, and Sundays).

A little over 45000 spectators watch Bundesliga games in stadiums. Fifty-six clubs have competed in Germany’s Bundesliga since its founding. Bayern Munich has won 32 titles, 11 from the last eleven seasons, a European record. The Bundesliga has other champions like Borussia Dortmund, Hamburger SV, and Werder Bremen.

1. English Premier League – England

best soccer leagues
A general view of fans flags and banners before the Premier League match between Everton FC and Fulham FC at Goodison Park, in Liverpool, England, on 15 April 2023. Photo: Tony McArdle/Everton
Source: Getty Images
  • Founded: 27 May 1992
  • Headquarters: London, UK
  • Domestic cup (s): FA Cup; FA Community Shield
  • International cup (s): UEFA Champions League; UEFA Europa League; UEFA Europa Conference League
  • Current champion: Manchester City (2022–23; 7th title)
  • Most championships: Manchester United (13 titles)

The English Premier League is a top-tier football league in the world. It has had fifty clubs participating since its inception in 1992: 48 English and 2 Welsh clubs. Twenty clubs partake in the competition, with each playing 38 games. AN EPL season starts in August and ends in May. Seven teams have won the Premier League trophy: Liverpool (1), Blackburn Rovers (1), Leicester City (1), Arsenal (3), Chelsea (5), Manchester City (7), and Manchester United (13).

What are the criteria used to rank football leagues?

Six factors used to compare soccer leagues in FIFA and determine the best are:

  • Competitiveness
  • Quality of football
  • Success on an international level
  • TV rights & viewership numbers
  • Star Power
  • Average attendance

What are the best soccer leagues in the world?

Below are the 30 world’s best soccer leagues ranked according to the Opta Power Rankings:

Top Leagues

Opta Power Rankings points (September 2023)

English Premier League

87.66

German Bundesliga

84.04

Italian Serie A

83.46

Spanish La Liga

83.43

French Ligue 1

81.41

English Championship

78.58

Dutch Eredivisie

77.24

Portuguese Primeira Liga

77.20

Belgian Pro League

77.19

Brazilian Serie A

76.43

Swiss Super League

75.72

Turkish Super Lig

75.65

Russian Premier Liga

75.08

Danish Superliga

75.00

MLS

74.77

Austrian Bundesliga

74.76

Spanish La Liga 2

74.42

Polish Ekstraklasa

73.88

Argentine Liga Prodessional

73.66

German 2. Bundesliga

73.62

Croatian HNL

73.45

Mexican Liga MX

73.20

Cypriot First Division

72.47

Swedish Allsvenskan

72.30

Japanese J1 League

72.16

South Korean K League 1

72.09

Saudi Pro League

71.94

Israeli Premier League

71.56

Romanian Liga I

71.40

Romanian Liga I

71.33

What are the best leagues in soccer?

Below are the ten best soccer leagues in the world ranked by Opta Power Rankings:

Top Leagues

Opta Power Rankings points (September 2023)

English Premier League

87.66

German Bundesliga

84.04

Italian Serie A

83.46

Spanish La Liga

83.43

French Ligue 1

81.41

English Championship

78.58

Dutch Eredivisie

77.24

Portuguese Primeira Liga

77.20

Belgian Pro League

77.19

Brazilian Serie A

76.43

FIFA has 210 men’s leagues and 129 women’s national teams. Meanwhile, FIFA 23 contains over 30 licensed leagues, over 100 licensed stadiums, over 700 clubs, and more than 19,000 players. The world has many football leagues because each country has its own domestic league. The English Premier League tops the rankings of the best soccer leagues in the world, with a potential TV audience of 4.7 billion people, because it has strong teams. EPL teams make the league incredibly competitive, thus making the contest unpredictable and exciting to fans.

Sportsbrief.com published an article comparing Cristiano Ronaldo and Ronaldo Nazario. The Cristiano vs Nazario debate seems to be a never-ending one. Most of Cristiano’s fans believe he is the greatest soccer player ever, even though the Portuguese striker believes some icons are better than him.

For this reason, Cristiano’s fans always compare him with other legendary players of his generation and retired superstars like Ronaldo Nazario, who left outstanding records.

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Which are the 15 richest sports leagues in the world currently? https://www.livemintnewstoday.com/which-are-the-15-richest-sports-leagues-in-the-world-currently/ https://www.livemintnewstoday.com/which-are-the-15-richest-sports-leagues-in-the-world-currently/#respond Tue, 13 Feb 2024 08:00:00 +0000 https://www.livemintnewstoday.com/which-are-the-15-richest-sports-leagues-in-the-world-currently/ As time passed, sports flourished into a successful business. The sports sector generates billions in revenue globally. Consequently, professional sports leagues are sizable enterprises in modern society, with multiple income streams. People will invest time and money to watch their favourite players or teams live. So, which are the richest sports leagues in the world?...

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As time passed, sports flourished into a successful business. The sports sector generates billions in revenue globally. Consequently, professional sports leagues are sizable enterprises in modern society, with multiple income streams. People will invest time and money to watch their favourite players or teams live. So, which are the richest sports leagues in the world?

Photo: canva.com (modified by author)
Source: UGC

Sports are popular with people of all ages, especially among the young adult demographic. Many people are regarded as the world’s wealthiest because they are prepared to spend time and money watching their favourite and most famous MLB players.

The 15 richest sports leagues in the world currently

Some of the richest sports leagues in the world are characterized by their global popularity and lucrative broadcasting rights deals. Here is a list of the world’s top 15 richest sports leagues today.

15. Nippon Professional Baseball – $35 million

What sports league is the richest?
Takahiro Norimoto of the Rakuten Eagles pitches against the Orix Buffaloes in a Pacific League baseball game at Hotto Motto Field in Kobe, western Japan. Photo: Kyodo News
Source: Getty Images

Nippon Professional Baseball (NPB) is the highest level of baseball in Japan. It is a men’s professional baseball league that consists of two separate leagues: the Central League and the Pacific League. NPB is considered one of the highest-quality baseball leagues outside of Major League Baseball (MLB) in the United States.

The Nippon Professional Baseball (NPB) organization generated approximately 5.38 billion Japanese yen (approximately $35 million) in ordinary revenue. The organization oversees various baseball-related activities and initiatives, including the administration of the professional baseball league in Japan.

14. Italy’s Serie A – $69.35 million

Richest sports leagues in the world
Serie A logo before the Serie A match between SSC Napoli and Spezia Calcio at Stadio Diego Armando Maradona Naples, Italy on 10 September 2022. Photo: Franco Romano
Source: Getty Images

Napoli was previously the most expensive team in Italian Serie A, but now Juventus has that title. This has come to fruition thanks to the masterful planning of Cristiano Ronaldo’s super move. And then there are other superstars like Romelu Lukaku.

The Italian Serie A is not the best telecom bargain compared to the people and the German Bundesliga. If an improved transmission agreement were approved in 2019, I would start receiving an annualized €1.3 billion. It is projected to generate an annual sponsorship revenue of $69.35 million for the 2023/24 season.

13. Australian Football League – $91.16 million

richest sports leagues in the world
The AFL Schools logo is seen during the AFL Schools Launch Event at Marvel Stadium in Melbourne, Australia. Photo: Dylan Burns/AFL Photos
Source: Getty Images

The AFL consists of 18 teams, with the league expanding over the years. Some of the prominent teams include the Collingwood Magpies, Essendon Bombers, Carlton Blues, Richmond Tigers, Hawthorn Hawks, and the Sydney Swans.

In 2022, the Australian Football League (AFL) disclosed an operating profit of AUS$20.7 million (US$14.33 million), indicating a significant year-over-year (YoY) surge with a boost of AUS$66.8 million (US$46.25 million).

12. Major League Soccer – $116 million

Is the Premier League the richest league?
A detail view of the MLS logo prior to the match between the D.C. United and the Philadelphia Union at Subaru Park in Chester, Pennsylvania. Photo: Mitchell Leff
Source: Getty Images

MLS began play in 1996 with ten teams. Over the years, the league has expanded, and there were 28 teams in total. The league is divided into the Eastern and Western Conferences, and teams compete in a regular season followed by the MLS Cup Playoffs.

The team with the best regular-season record is awarded the Supporters’ Shield. The playoffs culminate in the MLS Cup, which determines the league champion.

In 2022, Los Angeles FC emerged as the MLS team with the highest revenue, boasting a total of approximately 116 million U.S. dollars. Additionally, in 2023, LAFC retained its status as the league’s most valuable club.

11. Belgian Pro League – $408 million

Is the NFL worth more than the Premier League?
Belgian Pro League logo. Photo: @Pro League
Source: Facebook

The Belgian Pro League, also known as the Jupiler Pro League for sponsorship reasons, is the top professional football division in Belgium. It consists of 18 teams, and the competition operates on a system of promotion and relegation with the Belgian First Division B.

In the 2021-2022 period, operational revenues surged to €381.5 million (approximately$408 million), marking a substantial 31% growth equivalent to an increase of €90.8 million. This surpasses the operational revenues recorded in all seasons scrutinized prior to this.

10. Russian Premier League – $869 million

top 10 richest sports leagues in the world
Russian Premier League logo and the name of it’s new title sponsor Tinkoff are seen. Photo: Mike Kireev/NurPhoto
Source: Getty Images

The Russian Premier League stands as one of the top 10 richest sports leagues in the world. The league comprises 16 teams, with Zenit Saint Petersburg securing consecutive championships from 2018–19 to 2022–23. Its estimated revenue is €813 million (approximately$869 million).

9. UEFA Champions League – $3.3 billion

which is the richest of the sports leagues in the u.s. on an annual revenue basis?
The UEFA Champions League logo can be seen before the UEFA Champions League match on September 14, 2022, in Warsaw, Poland. Photo: Mateusz Slodkowski
Source: Getty Images

Each year 32 teams are invited to compete here depending on their performance in their respective games. The teams are randomly divided into eight groups of four using an algorithm. The total revenue of the UEFA Champions League amounted to over 3.1 billion euros ($3.3 billion)

After that, each group play the other twice. Twenty-two teams have been crowned champions since the tournament was founded in 1955. Every team in Europe’s leagues aspires to win this trophy, the ultimate prize in European football.

The current record for most Champions League titles is held by Real Madrid (13 European cups). BT Sports has paid for airing its Europa League and Champions League matches.

8. Germany’s Bundesliga – $3.8 billion

What sports league is the richest?
Germany’s Bundesliga logo. Photo: @Bundesliga_EN on Twitter (modified by author)
Source: UGC

In Germany, spectators regularly fill stadiums to watch games in the Bundesliga; on average, they sell 42,738 tickets for every game. The German Football Association announced that the combined revenues of the country’s professional teams topped 4 billion euros ($4.33 billion) in 2018, an increase of 5.4% from the previous football season.

During the 2021/22 season, the Bundesliga’s overall revenue surpassed 3.6 billion euros ($3.8 billion), indicating a modest uptick from the prior year. Bayern Munich has clinched the German first division title 33 times.

7. La Liga Santander – $5.33 billion

Is the Premier League the richest league?
The logo of the La Liga football association is seen on top of its headquarters in Madrid on December 20, 2022. Photo: Thomas Coex
Source: Getty Images

The Spanish La Liga is the best football league in Spain and is #7 on our list of the best in the world. La Liga is not as well-known as the English Premier League; it is home to two of the best football teams in the world: Real Madrid and Barcelona.

La Liga generates revenue from commercial deals, player transfers, ticket sales, and broadcasting deals. The 2017–18 season saw a record-breaking increase of 20.6% in revenue for La Liga clubs, with a total of €4.479 billion earned. With the relaxation of capacity restrictions in the previous season, the total revenue for La Liga experienced a substantial 23% surge, reaching $5.33 billion in the 2021-22 period.

6. National Hockey League – $5.93 billion

Is the NFL worth more than the Premier League?
A detailed view of the NHL logo on the net before the game at Capital One Arena on December 15, 2022, in Washington, DC. Photo: Scott Taetsch
Source: Getty Images

Although the Public Hockey Association (PHA) may be one of the weaker games in Northern America, compared to other parts of America, it has a massive fanbase. During the 2017–2018 season, the NHL generated €4.2 billion, making it the most lucrative hockey league in the world.

That figure grew to $5.09 billion in the 2018–19 season thanks to an extra $2 billion, or $200 million per season, paid by NBC and NBC SportsNet as part of a (decade-long) licensing deal. In the 2021/22 season, the total league revenue of the NHL was $5.93 billion.

5. English Premier League – $6.6 billion

What is the most watched sports league in the world?
A logo of the English Premier League. Photo: @premierleague on Twitter (modified by author)
Source: UGC

Each English club earns money even through business operations and sponsorship deals. Approximately $5.3 billion is the result of the English Head Association’s leveraging of television broadcasting licenses. In 2016, for instance, the Chief Association approved a television contract for $13.6 billion.

Each of the 20 teams in the league received an equal share of these resources. Using publicly available data, the Head Association earned €5.3 billion in the fiscal year 2016/17. The advantages increased due to Man United’s Association’s acquisition of Cristiano Ronaldo and Romelu Lukaku in the past seasons.

Is the Premier League the richest league?

During the 2021/22 season, the cumulative revenue of clubs in the English Premier League surged to around 5.45 billion British pounds (approximately $6.6 billion). This marked a notable 11 percent increase in total revenue compared to the preceding year.

4. Indian Premier League – $8.4 billion

top 10 richest sports leagues in the world
Indian Premier League logo. Photo: @IPV on Twitter (modified by author)
Source: UGC

Cricket is not among the most popular sports in the world, and it is 3-year quite surprising that the seasons have landed it on our list of essential sports federations. Remarkably, they are in fourth place, with attendance much-exceeding hockey and, unexpectedly, the most significant football associations. Prominently feature the Indian Head Association in their discussions.

A staggering $7 billion is earned by an organization with only two bands, each of which typically performs for only two of the year’s twelve months. However, when you realize that cricket is the most popular sport in India, a country with a population of 1,339,000,000, you may begin to see the gravity of the situation. India is so dedicated to cricket that a significant match often delays other activities.

In 2022, the Indian Premier League’s worth reached approximately $8.4 billion, reflecting a notable upturn from the pandemic years. This resurgence was propelled by a new media rights auction and the addition of two extra teams

3. Major League Baseball – $10.32 billion

which is the richest of the sports leagues in the u.s. on an annual revenue basis?
Post Season logos during Atlanta Braves practice for the NLDS game three on October 10, 2021, at Suntrust Park in Atlanta, Georgia. Photo: David J. Griffin
Source: Getty Images

Baseball, like soccer, has a minimal international fan following because most players are drawn from regional support bases. We have repeatedly seen that having many North Americans on your side is a considerable advantage, and MLB is among the wealthiest sports leagues in the world.

With 1992 as the starting point, $1.2 billion has been generated through several cross-income streams. Averaging 2018’s growth rate of $10.7 billion and 2019’s projection of $10.8 billion, it has grown to $10.3 billion. Therefore profit made by each team in the 2017-18 season was above $300 million.

Considering that in 2018 the average price of a baseball ticket was $32.44 million, you can see how the MLB teams make millions of dollars off ticket sales. This exemplifies MLB’s consistent and predictable expansion since around 2006.

Since just six of the top 50 clubs are affiliated with this league, MLB and the NFL do not share stadiums. The current MLB’s revenue is generated from several sources such as broadcast rights, merchandise sales, ticket sales, and sponsorships.

2. National Basketball Association – $10.58 billion

What sports league is the richest?
A detailed view of the NBA logo before the game between the Milwaukee Bucks and Philadelphia 76ers at the Wells Fargo Center on November 18, 2022, in Philadelphia, Pennsylvania. Photo: Mitchell Leff
Source: Getty Images

The Public Basketball Association enjoys greater global and North American fame than National Football League or Major League Baseball. It is not surprising, considering that football is among the top five most popular sports world’s games group, with an estimated 800 million supporters.

So, it stands to reason that the world’s top ball association would be among the top three best in revenue. The National Basketball Association (NBA) generates an estimated $500 million in global media income thanks to lucrative broadcasting deals with public television networks.

Every year in 2019, NBA fanatics place a valuation of $1.87 billion on the league’s three best teams, with the average valuation of each several being $1.87 billion.

In the 2022/23 season, the 30 franchises of the National Basketball Association (NBA) collectively generated a revenue of $10.58 billion, marking a notable rise of over 500 million dollars compared to the preceding year.

Regular attendance and discounted tickets reveal the unstoppable rise of NBA games with a value of above $2 billion, including the Los Angeles Lakers, New York Knicks, Chicago Bulls, and Brilliant State Warriors.

1. National Football League – $18.6 billion

Is the Premier League the richest league?
A detailed view of the NFL logo on the field before a game at Highmark Stadium on January 8, 2023, in Orchard Park, New York. Photo: Timothy T Ludwig
Source: Getty Images

The National Football League (NFL) ranks first on this list of richest sports leagues in the world in 2023. From a financial perspective, the NFL is far more powerful than European football in terms of how the game is generally viewed and well-known.

Given that a sizable chunk of its fanbase is North American, most of its long-haul audience consists of people from the United States and Canada because no one outside those countries cares about it.

Most of the National Football League’s annual revenue comes from long-term contracts with telecom companies like ESPN, Fox, NBC, and others. The NFL’s 32 franchises receive the lion’s share of the revenue, and the company is home to 29 of the world’s 50 most expensive stadiums.

Summary table of richest sports leagues in the world

Rank

League

Country

Teams

Revenue

1

National Football League

United States

32

$18.6 billion

2

National Basketball Association

United States and Canada

30

$10.58 billion

3

Major League Baseball

United States and Canada

30

$10.32 billion

4

Indian Premier League

India

10

$8.4 billion

5

English Premier League

England

20

$6.6 billion

6

National Hockey League

United States and Canada

32

$5.93 billion

7

La Liga Santander

Spain

20

$5.33 billion

8

Germany’s Bundesliga

Germany

18

$3.8 billion

9

UEFA Champions League

Europe

32

$3.3 billion

10

Russian Premier League

Russia

16

$869 million

11

Belgian Pro League

Belgium

18

$408 million

12

Major League Soccer

United States and Canada

28

$116 million

13

Australian Football League

Australia

18

$91.16 million

14

Italy’s Serie A

Italy

20

$69.35 million

15

Nippon Professional Baseball

Japan

12

$35 million

Which is the richest of the sports leagues in the U.S. on an annual revenue basis?

The richest sports leagues in the U.S. is the National Football League. It consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). It generates an annual revenue of $18.6 billion.

What sports league is the richest?

Some of the richest sports leagues include the National Football League (NFL), Major League Baseball (MLB), National Basketball Association (NBA) and the Premier League (PL/EPL).

Is the NFL worth more than the Premier League?

While the NFL ranks in terms of revenue, the English Premier League (EPL) stands as the undisputed premier league in the world’s most beloved sport. The NFL makes more money from sponsorship deals than the Premier League.

What is the most watched sports league in the world?

The Premier League is the world’s most popular watched sport in the world. It boasts the most lucrative television contract in sports, securing its global reach and bringing in fans from anywhere and everywhere.

The richest sports leagues in the world generate substantial revenue from ticket sales and merchandise. They also benefit significantly from broadcasting rights, merchandise sales, and sponsorship agreements.

Sportsbrief.com listed the best streaming services for soccer fans. It makes sense that football fans would want to watch their preferred teams and leagues from around the world live on TV, especially if they enjoy watching with friends.

These football live-streaming websites or the best soccer streaming services will work just fine with an active internet connection.

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As Michael Phelps Tops World Aquatics Champs Chart, the Olympian Expresses Gratitude to Special Person https://www.livemintnewstoday.com/as-michael-phelps-tops-world-aquatics-champs-chart-the-olympian-expresses-gratitude-to-special-person/ https://www.livemintnewstoday.com/as-michael-phelps-tops-world-aquatics-champs-chart-the-olympian-expresses-gratitude-to-special-person/#respond Fri, 09 Feb 2024 05:21:33 +0000 https://www.livemintnewstoday.com/as-michael-phelps-tops-world-aquatics-champs-chart-the-olympian-expresses-gratitude-to-special-person/ American swimmer Michael Phelps, hailed as the most decorated athlete in Olympic history, continues to be synonymous with excellence in sports. Phelps has left an indelible mark on swimming and the Olympic Games with an unparalleled career boasting 28 Olympic medals, including an astonishing 23 golds. America’s Favorite Video Today Despite initial setbacks at the...

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American swimmer Michael Phelps, hailed as the most decorated athlete in Olympic history, continues to be synonymous with excellence in sports. Phelps has left an indelible mark on swimming and the Olympic Games with an unparalleled career boasting 28 Olympic medals, including an astonishing 23 golds.

America’s Favorite Video Today

Despite initial setbacks at the 2012 London Olympics, including a surprising failure to medal in his first event, Phelps demonstrated his resilience by securing silver and gold medals in subsequent races. His victory in the 4 × 200-meter freestyle relay marked his 19th career Olympic medal, surpassing the previous record held by Soviet gymnast Larisa Latynina. However, as the recent chart disclosed his top position as the World Aquatics champion, his gratitude towards his coach on social media has amazed fans.

Michael Phelps achieved many victories under his coach’s guidance

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As the anticipation builds for the swimming segment of the 2024 World Aquatics Championships, which is set to commence in Doha next Sunday, Swimming Stats recently shared a compelling post on their Instagram account. Highlighting the most decorated swimmers in a single edition, the post ignites excitement and speculation among swimming enthusiasts worldwide. That list shows Michael Phelps in the top position. More than six swimmers like Caeleb Dressel, Tracy Caulkins are securing different positions and medals besides him. Reposting it again on his Instagram story, legendary swimmer Michael Phelps recently expressed his heartfelt gratitude to his coach, Bob Bowman, for his unwavering support throughout his career. He captioned it, “Some fun memories… Thanks @coachbowman!!”

The iconic athlete-coach partnership, which commenced when Phelps was just 11 years old, has been instrumental in shaping him into one of the most celebrated Olympians in history. Bowman even pushed Michael Phelps to break the world record at 15. Phelps, often referred to as the ‘Baltimore Bullet’ and the ‘Flying Fish,’ reflected on Bowman’s pivotal role in his journey to greatness. However, despite such marvelous victories, Phelps was previously defeated by Katie Ledecky, which has created a huge buzz in the sports world.

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Katie Ledecky surpasses Michael Phelps’ record

In a historic display of swimming prowess, Olympic champion Katie Ledecky shattered records at the World Aquatic Championships in Fukuoka, Japan. The 26-year-old prodigy had drawn level with Phelps earlier in the week by triumphing in the 1,500-meter freestyle, marking her fifth triumph in that specific race.

“Teased Because of His Big Ears”: Michael Phelps Conquered Over the Disease That
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Ledecky credited her competitors for propelling her to new heights in a post-race interview. “It’s always a battle; it’s always a great race. So I know I have to bring my best every single time.” Ledecky outpaced her competitors by a commanding margin, leaving silver medalist Li Bingjie of China trailing by almost 4.5 seconds. However, now everyone’s eyes are on the upcoming result of the match that will take place in Doha.

WATCH THIS STORY: Rare Image Shows Swimming Legend Michael Phelps’ Real Father

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Top US consultancies face scrutiny over role in Saudi Arabia’s sports push https://www.livemintnewstoday.com/top-us-consultancies-face-scrutiny-over-role-in-saudi-arabias-sports-push/ https://www.livemintnewstoday.com/top-us-consultancies-face-scrutiny-over-role-in-saudi-arabias-sports-push/#respond Tue, 06 Feb 2024 11:15:09 +0000 https://www.livemintnewstoday.com/top-us-consultancies-face-scrutiny-over-role-in-saudi-arabias-sports-push/ Major US consultancies who have advised Saudi Arabia on its global sports spending spree – including its proposed takeover of golf’s PGA Tour – are coming under fire in Washington for possible violations of federal disclosure laws. Four prominent consulting firms, including McKinsey, have been accused of refusing to fully comply with subpoenas for information...

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Major US consultancies who have advised Saudi Arabia on its global sports spending spree – including its proposed takeover of golf’s PGA Tour – are coming under fire in Washington for possible violations of federal disclosure laws.

Four prominent consulting firms, including McKinsey, have been accused of refusing to fully comply with subpoenas for information about their work for the oil-rich kingdom by the Senate permanent subcommittee on investigations. The Senate panel has been conducting an inquiry into authoritarian governments’ efforts to deploy soft power and other influence strategies in the US.

So far, the consultancies have only provided information of “limited substantive value”, according to a memo released to the media by the committee’s Democratic chairman, Richard Blumenthal.

But in a more serious turn of events for three of the firms, the senator has also strongly suggested that the consultancies could be violating federal disclosure rules – known as the Foreign Agents Registration Act (Fara) – by not formally declaring to US authorities that they are acting as agents of the Saudi government.

Failure to file under Fara, which was designed to control illegal foreign influence over the US government, is considered a federal crime and can lead to hundreds of thousands of dollars in fines or imprisonment.

The Saudi public investment fund (PIF), a sovereign wealth fund chaired by the crown prince and de facto Saudi leader, Mohammed bin Salman, and is worth an estimated $776bn, is at the heart of Blumenthal’s inquiry.

The PIF controls major investments around the world, including the 2021 takeover of the British football club Newcastle United, and has made major investments in the US, including in Meta, JP Morgan Chase, Starbucks, Microsoft, Lucid Motors, Activision Blizzard, Electronic Arts, Live Nation Entertainment and Uber.

The PIF also owns stakes in US private equity and venture capital firms including Blackstone, General Atlantic, KKR, Hellman & Friedman, Apollo, Brookfield and CVC.

The PIF has routinely objected to being subjected to US laws and has rebuffed repeated requests by the Senate committee to hand over documents subpoenaed by the panel. To get around the issue, Blumenthal looked to gather information from the US consultancies that have advised Saudi Arabia for answers.

The Saudi government responded by issuing an injunction against the consultancies in the Saudi courts, claiming that the records sought by the committee are classified and that their release could harm Saudi national security interests. The consultancies affected include Boston Consulting Group, McKinsey & Company, M Klein & Company, and Teneo, which are all headquartered in the US.

“Accepting the PIF Consultants’ refusal to cooperate with this Subcommittee would create a dangerous and unsupportable precedent – that American companies can shield commercial interactions with foreign governments that are directed towards the United States from oversight simply by choosing to have their contracts governed by foreign law,” Blumenthal said.

The Saudi government’s insistence that the US consultancies working for the PIF be treated as “public employees of the government of Saudi Arabia” has put the consultancies at legal risk. Under US law, any individual working as an agent of a foreign government must comply with Fara, which only one of the consultancies – Teneo – has so far done.

Blumenthal said in a memo that a key question for the panel’s inquiry was assessing whether Fara would apply to the consultancies.

In a statement to the Guardian, a spokesperson for McKinsey, which has faced substantial criticism for its work for Saudi Arabia in the past, pushed back on the Saudi government’s claim.

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“McKinsey employees are employees of McKinsey, not the Saudi Government, and we have disputed any claims our employees are tantamount to public officials under Saudi law,” a spokesperson said.

BCG declined to comment. M Klein & Company did not respond to the Guardian’s request.

Teneo, which has filed under Fara, declined to respond to a request for comment about the firm’s compliance with the panel’s subpoena.

Executives from all four of the firms are due to testify in Washington on Tuesday.

Saudi Arabia’s suggestion that consultants and advisers for the PIF are Saudi government employees also appears to contradict previous public statements by England’s Premier League, which in 2021 agreed to allow a consortium headed by the PIF to takeover Newcastle United. The Premier League has said it received “legally binding assurances” that the PIF was separate from the Saudi government.

The issue has been contentious in the UK amid questions about whether the Saudi government has a controlling influence on Newcastle and whether its ownership should therefore be subject to the league’s owners’ and directors’ test.

Richard Masters, the Premier League chief executive, told the BBC in November 2021 that if his organization found evidence of state involvement in the running of the club, “we can remove the consortium as owners of the club”.

Got a tip on this story? Please send it to US.Investigations@theguardian.com

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ICC U19 Cricket World Cup 2024 Latest Points Table, Highest Wicket-Takers, Run-Scorers https://www.livemintnewstoday.com/icc-u19-cricket-world-cup-2024-latest-points-table-highest-wicket-takers-run-scorers/ https://www.livemintnewstoday.com/icc-u19-cricket-world-cup-2024-latest-points-table-highest-wicket-takers-run-scorers/#respond Sat, 03 Feb 2024 04:44:57 +0000 https://www.livemintnewstoday.com/icc-u19-cricket-world-cup-2024-latest-points-table-highest-wicket-takers-run-scorers/ ICC U19 Cricket World Cup 2024 updated points table, highest wicket-takers, run-scorers: India, Australia and South Africa are the three teams that have qualified for ICC Men’s U19 Cricket World Cup 2024 semifinal. The battle for the fourth and final spot in ICC Men’s U19 Cricket World Cup 2024 knockout stages hinges on Saturday’s (February 3)...

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ICC U19 Cricket World Cup 2024 updated points table, highest wicket-takers, run-scorers: India, Australia and South Africa are the three teams that have qualified for ICC Men’s U19 Cricket World Cup 2024 semifinal. The battle for the fourth and final spot in ICC Men’s U19 Cricket World Cup 2024 knockout stages hinges on Saturday’s (February 3) high-octane Pakistan Under-19 vs Bangladesh Under-19 Super Six match in Benoni. On Friday (February 2), three of the four semi-finalists for the ICC Men’s U19 Cricket World Cup 2024 were determined, leaving one spot open in the final four as the Super Six stage concludes in South Africa.

Following their commanding victory over Nepal Under-19 Cricket team, the undefeated India Under-19 Men’s Cricket team maintains their dominance at the top of Group 1 in ICC Men’s Under-19 Super Six standings of the Under-19 World Cup 2024, boasting eight points from four wins in as many games. Pakistan sits in second place, also unbeaten, with six points from three matches.

After the end of group stage matches, in the ICC U19 World Cup Super Six stage, the teams have been divided into two groups.

Group 1: India, Pakistan, Bangladesh, New Zealand, Ireland and Nepal

Group 2: Australia, West Indies, South Africa, England, Sri Lanka and Zimbabwe 

ICC U19 Cricket World Cup 2024 – Group 1 Updated Points Table

ICC U19 Cricket World Cup 2024 – Group 2 Updated Points Table

ICC U19 Cricket World Cup 2024: Top 5 Highest Run-Scorers

1. Musheer Khan (India U19): 334 runs in five matches

2. Uday Saharan (India U19): 308 runs in five matches

3. Jamie Dunk (Scotland U-19): 263 runs in four matches

4. Hugh Weibgen (Australia U19): 252 runs in five matches  

5. Shahzaib Khan (Pakistan U-19): 234 runs in four matches 

ICC U19 Cricket World Cup 2024: Top 5 Highest Wicket-Takers

1. Kwena Maphaka (South Africa U19): 18 wickets in five matches 

2. Saumy Kumar Pandey (India U19): 16 wickets in five matches 

3. Ubaid Shah (Pakistan U19): 12 wickets in four matches 

4. Callum Vidler (Australia U19): 11 wickets in four matches 

5. Nathan Edward (West Indies U19): 11 wickets in five matches 

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Soccer clubs with the highest revenue 2023 | Statista https://www.livemintnewstoday.com/soccer-clubs-with-the-highest-revenue-2023-statista/ https://www.livemintnewstoday.com/soccer-clubs-with-the-highest-revenue-2023-statista/#respond Fri, 02 Feb 2024 08:00:00 +0000 https://www.livemintnewstoday.com/soccer-clubs-with-the-highest-revenue-2023-statista/ In the 2022/23 season, Real Madrid had the highest revenue out of any soccer club worldwide, generating around 831.4 million euros. Manchester City placed second, with a total revenue of 825.9 million euros. Read more Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros) Characteristic Total revenue in million euros Real Madrid...

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Soccer clubs with the highest revenue worldwide in 2022/23

Source

Release date

January 2024

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Survey time period

2022/23

Supplementary notes

All figures have been rounded.

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Deloitte. (January 25, 2024). Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros) [Graph]. In Statista. Retrieved February 15, 2024, from https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/

Deloitte. “Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros).” Chart. January 25, 2024. Statista. Accessed February 15, 2024. https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/

Deloitte. (2024). Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros). Statista. Statista Inc.. Accessed: February 15, 2024. https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/

Deloitte. “Soccer Clubs with The Highest Revenue Worldwide in 2022/23 (in Million Euros).” Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/

Deloitte, Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros) Statista, https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/ (last visited February 15, 2024)

Soccer clubs with the highest revenue worldwide in 2022/23 (in million euros) [Graph], Deloitte, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/

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TEAM TTO TOP GROUP https://www.livemintnewstoday.com/team-tto-top-group/ https://www.livemintnewstoday.com/team-tto-top-group/#respond Tue, 30 Jan 2024 03:22:00 +0000 https://www.livemintnewstoday.com/team-tto-top-group/ TTO SENIOR men’s hockey team will play for a semi-final spot when they tackle Malaysia in the quarter-final of the FIH Hockey5s World Cup in Muscat, Oman. “It feels good for us to top the group,” said head coach Darren Cowie. “Again the results usually come when we have good performances. But we kind of...

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TTO SENIOR men’s hockey team will play for a semi-final spot when they tackle Malaysia in the quarter-final of the FIH Hockey5s World Cup in Muscat, Oman.

“It feels good for us to top the group,” said head coach Darren Cowie. “Again the results usually come when we have good performances. But we kind of had a slow start today. Kudos to the guys for really picking it up and sticking together and communicating to get that energy up”.

TTO topped Pool C with a record of two wins and one draw, including a 5-5 result in their opening game against Australia; an emphatic 7-2 win over Kenya on Sunday; and an equally impressive 11-4 triumph over New Zealand, yesterday. They now tackle Malaysia today from 3.30 a.m. (T&T time).

“So group stage is over. That is just the first half of the tournament. So now we look forward to practically a whole new tournament here. It is about making sure we keep that focus and build on the positive things that we did through the group stage…as we move forward against Malaysia,” said Cowie.

“But at the same time, just keeping in mind we have to take it one game at a time. I think the guys are up to the task and they have been extremely positive with their whole approach. We have been happy about that.”

Captain Akim Toussaint said his team is focused on this next stage. “A nice, solid victory by us today (yesterday). “It was quite a slow start but at least we got the legs going about two minutes in and got the victory in the end,” said Toussaint. “(We are) looking forward to that game, we are going to analyse Malaysia to see exactly how they play and see how we can adjust the way we play to suit them, so it could come out our favour.”

Top TTO player Teague Marcano is the tournament’s joint-leading goal scorer, netting an impressive total of 11 goals, comprising nine field goals and two Challenge goals after Pool Play. Marcano shares the position with Waheed Ranna from Pakistan.

Having finished second at the inaugural Pan American Hockey5s Pan Am Cup last year, Trinidad and Tobago faced a formidable challenge in what was considered the toughest group, featuring powerhouse nations Australia and New Zealand.

Despite the tough competition, Team TTO emerged as the only team from the Pan American region to qualify for the next stage.

In a surprising turn of events, Pan Am Cup champions the USA, suffered a setback with a 6-4 loss to hosts Oman, leaving them out of the quarter-finals.

Meanwhile, Jamaica, the third team from the region to qualify, ended at the bottom of Pool B after losses to Egypt, India, and Switzerland.

Malaysia finished second in Pool B with a similar record to Team TTO (one draw and two wins).

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F1 owner Liberty Media tops list of world’s most valuable “sports empires” https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires/ https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires/#respond Mon, 29 Jan 2024 14:18:43 +0000 https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires/ Liberty has previously topped the Forbes Top 25 list, which consists mainly of individuals and entities that own several major US sports franchises, although some also own top European football teams. The value of Liberty’s sports properties has shrunk since it spun off its baseball subsidiary, MLB team the Atlanta Braves, in July last year....

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Liberty has previously topped the Forbes Top 25 list, which consists mainly of individuals and entities that own several major US sports franchises, although some also own top European football teams.

The value of Liberty’s sports properties has shrunk since it spun off its baseball subsidiary, MLB team the Atlanta Braves, in July last year.

Despite that move lopping some 12% off the value of the company’s ownership of sports assets, it remains top of the list at $18.22 billion.

Liberty outranked Kroene Sports and Entertainment, owner of the Los Angeles Rams, Denver Nuggets and Arsenal FC among other properties, as it increased its value by 22% to $15.59 billion.

Third place went to Fenway Sports Group, owner of baseball team the Boston Red Sox, NHL franchise the Pittsburgh Penguins and Liverpool FC. The group’s value also rose by a significant 25% to $12.95 billion.

Fenway now has a small connection to F1 as one of the minor shareholders in sports investment firm Arctos Partners, which acquired a stake in the Aston Martin team late last year.

An individual in the list with a more direct involvement in F1 is Stephen Ross, who owns the Miami Dolphins and is the promoter of the Miami GP that runs around his Hard Rock stadium. 

Ross has now broken into the Forbes Top 25 in 16th spot, owning sports assets with a value of $6.91 billion.

The only other F1 connection in the top 20 list is the Bamford family, owner of Aston Martin sponsor JCB, in 17th place.

Ecclestone becomes UK’s second-highest tax payer

Photo by: Simon Galloway / Motorsport Images

Bernie Ecclestone on the grid

Meanwhile, former F1 boss Bernie Ecclestone narrowly missed topping the list of the UK’s top taxpayers of 2023, ranking in second place after losing a legal case last year obliged him to make a big payment to the UK tax authorities.

Ecclestone was named in second place in the Sunday Times‘ UK taxpayer list after a court case involving unpaid tax relating to £400m funds held in a trust in Singapore, and which dated back to 2015.

He paid a total of £652.6 million in tax and penalties to HMRC, the UK tax authority, which put him behind only Russian-born financial trader Alex Gerko, who topped the list on £664.5m.

List compiler Robert Watts noted: “Bernie Ecclestone, having contributed £652.6m this year, was a one-off win for the public finances. Without that payment, the total take on this year’s taxes would have been down on last year.”

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F1 owner Liberty Media tops list of world’s most valuable “sports empires” https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires-2/ https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires-2/#respond Mon, 29 Jan 2024 13:42:10 +0000 https://www.livemintnewstoday.com/f1-owner-liberty-media-tops-list-of-worlds-most-valuable-sports-empires-2/ Liberty has previously topped the Forbes Top 25 list, which consists mainly of individuals and entities that own several major US sports franchises, although some also own top European football teams. The value of Liberty’s sports properties has shrunk since it spun off its baseball subsidiary, MLB team the Atlanta Braves, in July last year....

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Liberty has previously topped the Forbes Top 25 list, which consists mainly of individuals and entities that own several major US sports franchises, although some also own top European football teams.

The value of Liberty’s sports properties has shrunk since it spun off its baseball subsidiary, MLB team the Atlanta Braves, in July last year.

Despite that move lopping some 12% off the value of the company’s ownership of sports assets, it remains top of the list at $18.22 billion.

Liberty outranked Kroene Sports and Entertainment, owner of the Los Angeles Rams, Denver Nuggets and Arsenal FC among other properties, as it increased its value by 22% to $15.59 billion.

Third place went to Fenway Sports Group, owner of the Boston Red Sox, Pittsburgh Penguins and Liverpool FC. The group’s value also rose by a significant 25% to $12.95 billion.

Fenway now has a small connection to F1 as one of the minor shareholders in sports investment firm Arctos Partners, which acquired a stake in the Aston Martin F1 team late last year.

An individual in the list with a more direct involvement in F1 is Stephen Ross, who owns the Miami Dolphins and is the promoter of the Miami GP that runs around his Hard Rock stadium. 

Ross has now broken into the Forbes Top 25 in 16th spot, owning sports assets with a value of $6.91 billion.

The only other F1 connection in the top 20 list is the Bamford family, owner of Aston Martin sponsor JCB, in 17th place.

Ecclestone becomes UK’s second-highest tax payer

Photo by: Simon Galloway / Motorsport Images

Bernie Ecclestone on the grid

Meanwhile, former F1 boss Bernie Ecclestone narrowly missed topping the list of the UK’s top taxpayers of 2023, ranking in second place after losing a legal case last year obliged him to make a big payment to the UK tax authorities.

Ecclestone was named in second place in the Sunday Times‘ UK taxpayer list after a court case involving unpaid tax relating to £400m funds held in a trust in Singapore, and which dated back to 2015.

He paid a total of £652.6 million in tax and penalties to HMRC, the UK tax authority, which put him behind only Russian-born financial trader Alex Gerko, who topped the list on £664.5m.

List compiler Robert Watts noted: “Bernie Ecclestone, having contributed £652.6m this year, was a one-off win for the public finances. Without that payment, the total take on this year’s taxes would have been down on last year.”

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