2025
Every article published by the Journal in 2025 — 6 in total.
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11 DEC2025Venues
Naming Rights Reprice, and the Buyers Change
Venue naming agreements signed in the last cycle are renewing into a market with different buyers, shorter terms and a measurement standard that did not previously exist.
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16 OCT2025Athletes
The Salary Cap After the Cap
Squad-cost ratios have replaced absolute spending limits across European football. The new instrument is harder to game and entrenches existing revenue advantages.
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21 AUG2025Leagues
Calendar Congestion Becomes a Balance-Sheet Problem
Expanded competition formats have pushed elite squads past the load their medical departments can manage. Injury cost is now large enough to appear in financial planning.
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19 JUN2025Media
The Unbundled Season Ticket
Direct-to-consumer distribution has let competitions sell access by the match, the month and the club. Early data suggests it converts casual audiences and erodes committed ones.
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24 APR2025Technology
Officiating by Model
Decision-support systems have moved from measuring positions to classifying actions. That crosses a line between fact-finding and judgement that the laws have never addressed.
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20 FEB2025Markets
Sport’s Debt Maturity Wall
A decade of borrowing at low rates is coming due into a market that prices sporting credit very differently. Refinancing, not revenue, is the binding constraint of the next three years.
