Jeff Bezos Buys 30% Stake In Liverpool

The group bought roughly 30% of the team, led by soccer executive Amit Bhatia alongside Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin.

Fenway Sports Group retains majority ownership and control, securing a huge profit on a franchise that previously sold a 3% stake for $200M.

The deal adds no immediate cash for new players, instead relying on the investors' technology backgrounds to help grow the team's global brand.

The channel's premiere video features a 96-minute Scotland golf trip with former Cleveland Cavaliers teammates to celebrate their 2016 championship.

This launch follows the 41-year-old athlete's recent free-agency move to the Philadelphia 76ers on a two-year, $8M contract.

James hopes this expanding media portfolio will inspire inner-city youth to access country clubs and learn the game of golf.

The soccer team abruptly canceled its one-year deal with retail trading firm Finotive One just two months after signing it.

UK automotive retailer Vertu Motors immediately stepped in to become the new main sponsor for the upcoming season.

Fans who already bought jerseys with the old sponsor logo can request a full refund or exchange them for updated shirts.

MSG Sports, the parent company of both teams, filed official registration documents to split its professional basketball and hockey businesses.

The proposed spin-off will create two distinct, independent companies for the NBA's New York Knicks and the NHL's New York Rangers.

This corporate separation allows each sports franchise to operate independently and attract focused financial investments.

The professional tennis league hired Colorado-based Phuel Sports Science to enforce a new rule requiring all female athletes to pass a genetic sex screening.

Phuel usually sells fitness blood tests for up to $1K, but its leaders are concealing their identities despite managing this highly sensitive medical data.

The mandatory screenings will begin in 2026 to align with Olympic guidelines regulating transgender athlete eligibility in elite women's sports.

The withdrawal follows a controversial, now-scrapped plan by Infantino, leader of global soccer governing body FIFA, to sell tournament shares to private investors.

New Zealand's sports organization cited a breakdown in trust and demanded an independent review to improve transparency within the global administration.

Multiple regional soccer groups have also dropped their support ahead of a November deadline to nominate a rival candidate for the next election.

Panini alleges sports retailer Fanatics used stolen financial details, like royalty rates, to win exclusive trading card deals with major sports leagues.

The lawsuit claims the basketball players union and OneTeam Partners, a sports licensing group, conspired with Fanatics to monopolize the market.

Fanatics strongly denies the claims, stating that Panini is just lashing out at former partners who chose a better business model.

A federal judge ruled that former NBA star Charles Oakley lacked evidence proving Madison Square Garden security assaulted him during a 2017 game.

This defeat follows a previous order requiring Oakley to pay the arena company $642K in legal fees for failing to preserve relevant text messages.

While Oakley plans to appeal, the sports and entertainment company now intends to sue his legal team for pursuing a frivolous nine-year lawsuit.