Sports Business Correspondent
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Sep 5, 2014

Williams pay price for better performance on track

LONDON (Reuters) – Investment to restore the on-track performance at Formula One team Williams pushed the former world champions into a financial loss in the first six months of the year, the team’s owner said on Friday.

Williams have enjoyed a racing revival this season and have 150 points and stand fourth in the team standings ahead of this weekend’s Italian grand prix. Last year, the team managed only five points all season.

Sep 5, 2014

Motor racing-Williams pay price for better performance on track

LONDON, Sept 5 (Reuters) – Investment to restore the on-track performance at Formula One team Williams pushed the former world champions into a financial loss in the first six months of the year, the team’s owner said on Friday.

Williams have enjoyed a racing revival this season and have 150 points and stand fourth in the team standings ahead of this weekend’s Italian grand prix. Last year, the team managed only five points all season.

Sep 4, 2014
Sep 4, 2014
Sep 4, 2014

Betfair lifted by World Cup, defends its accounting

LONDON (Reuters) – Online gambling company Betfair (BETF.L: Quote, Profile, Research, Stock Buzz) reported strong growth in quarterly profit on Thursday thanks to the soccer World Cup and defended its accounting policies after an error relating to past dividend payments.

Betfair said it generated revenue of almost 16 million pounds ($26.3 million) from the month-long soccer tournament in Brazil, more than double what it made during Euro 2012.

Sep 2, 2014
Sep 2, 2014
Sep 2, 2014

English clubs lead the way in summer spending spree

LONDON (Reuters) – English Premier League soccer clubs spent a record 835 million pounds on hiring players during the summer transfer window as they reinvested cash from the latest round of broadcast deals.

That total was almost double the 425 million paid out by teams in Spain’s La Liga, the next highest spending country, according to figures released by business services group Deloitte on Tuesday.

Sep 2, 2014

Soccer-English clubs lead the way in summer spending spree

LONDON, Sept 2 (Reuters) – English Premier League soccer clubs spent a record 835 million pounds ($1.4 billion) on hiring players during the summer transfer window as they reinvested cash from the latest round of broadcast deals.

That total was almost double the 425 million paid out by teams in Spain’s La Liga, the next highest spending country, according to figures released by business services group Deloitte on Tuesday.

Sep 1, 2014
    • About Keith

      "Sports Business Correspondent, a new role at Reuters. I was previously UK Chief Correspondent and have also worked in Italy, Ireland and the Netherlands during more than 20 years with Reuters. I have also worked as an editor in a number of senior roles."
      Joined Reuters:
      September 1988
      Languages:
      English, French, Italian, German and Dutch
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