2023
Every article published by the Journal in 2023 — 6 in total.
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14 DEC2023Technology
The Data Rights Nobody Negotiated
Positional tracking, biometric monitoring and performance telemetry generate enormous commercial value. Who owns any of it remains genuinely unsettled.
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19 OCT2023Venues
Who Pays for the Stadium: The Subsidy Ledger, Twenty Years On
The venues built with public money in the 2000s have now run long enough to test the economic projections used to justify them. The results are not ambiguous.
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24 AUG2023Media
Women’s Sport Stops Being a Rounding Error
Unbundled rights, standalone broadcast windows and independent commercial inventory have moved women’s competitions from a contractual afterthought to a priced asset.
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15 JUN2023Athletes
Golf’s Capital Shock and the Price of a Competitive Moat
An incumbent tour with no equity, no owner and no balance sheet met a challenger with unlimited funding. The resolution reveals what a sporting monopoly is actually worth.
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27 APR2023Leagues
Relegation Risk Is a Credit Risk
Lenders to clubs in open leagues are underwriting a revenue stream that can fall by two-thirds on a single result. The instruments used to manage it are not adequate.
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16 FEB2023Markets
Multi-Club Ownership Goes Institutional
What began as opportunistic acquisition of feeder clubs has become a deliberate portfolio strategy, with a player-development pipeline as the principal asset.
