Man City Could Face Premier League Expulsion

The Premier League, England's top soccer division, charged the club in 2023 with misreporting finances, including player and coach pay, from 2009 to 2018.

Punishments are not yet decided and could range from fines to points deductions, stripped titles, or even expulsion from the league.

City, which won 3 league titles during the period in question and leads this season's table, is expected to appeal the ruling.

Private equity firm Otro Capital wants to buy a 20% stake in the race, though the exact purchase price remains unknown.

Billionaire owner Stephen Ross will keep majority control of the race and is not selling his other assets like the Miami Dolphins.

Otro already owns part of another Formula One team, making this a logical investment as the racing league's yearly revenue recently hit $3.9B.

Sports network ESPN averaged 1.37M viewers per game, a 17% increase and its highest audience since launching broadcasts in 1997.

Major broadcasters NBC and CBS also averaged over 1M viewers, highlighting the massive mainstream growth of women's basketball.

Matchups featuring the Indiana Fever team drove the biggest numbers, pulling 3.31M viewers on NBC for the most-watched game.

Wearable tech company Oura seeks to raise $2.2B in a public offering, utilizing a massive sports marketing push to attract health-conscious investors.

The device maker secured global sponsorships with the LA Dodgers and US Open, shifting from trainer-focused software to highly visible fan promotions.

Oura will heavily fund stadium experiences for upcoming international mega-events like the LA28 Olympics and the FIFA Women's World Cup to drive growth.

Frank Lands, deputy director of the federal agency that runs national parks, scouted three possible field sites in Wyoming's Grand Teton park.

The White House says no decisions or permits have been made, and the earliest a game could happen is likely 2028.

MLB already stages games at unusual venues like Iowa's "Field of Dreams" site, but building on protected land worries conservationists and local officials.

While many billionaire sports investors buy teams across different leagues for financial perks, the Jones family remains strictly focused on their NFL franchise.

The Cowboys are valued at a massive $15.05B and generate $1.3B in annual revenue, making them worth more than many multi-team empires combined.

Instead of buying other teams, the organization focuses on expanding its local real estate business and securing creative corporate sponsorships that include company equity.

England's Premier League, Germany's Bundesliga, Spain's La Liga and Italy's Serie A called world governing body FIFA "not fit for purpose."

FIFA chief Gianni Infantino scrapped a plan to sell over 20% of FIFA's business arm for $4.2B to a fund linked to Trump's family.

They want independent oversight and a real say for leagues and players before March's FIFA election, where Infantino is the only candidate.

The government measure forces licensed platforms to stop accepting bets immediately and gives customers until October 5 to withdraw their deposited funds.

Operators will not receive refunds for previously paid licensing fees, dismantling a newly regulated national market that just launched in January 2025.

The Brazilian Association of Games and Lotteries plans to sue, warning the shutdown will push 30M players into unregulated illegal markets.