Analysis
A promoter family capped below 4%, a billion-dollar claim in London, a shrinking core business, and an eight-year promise to world football’s governing body. Zee’s FIFA deal reads less like a sports play than a final, high-risk wager on whatever leverage it still retains.
Analysis
Nine weeks before kick-off, as the world readies itself for its grandest sporting ritual, India’s screens stay blank. Between what FIFA wants and what this market will pay, a fault line opens that runs deeper than football.
Analysis
Two exits worth $3.41 billion have reset what an IPL franchise is worth, ushered in a new class of owners, and raised fresh questions about media rights and risk
Analysis
The bankers pitched 60-90% growth in the IPL’s next media rights cycle. The buyers modelled 20. The gap between those numbers is the story.
Reportage
Pakistan’s proposed forfeit undermines JioStar’s $900 million tournament and the ICC funding system that sustains the game. Cricket has monetised the rivalry for years. The ledger finally became too heavy.
Reportage
How the ISL is attempting to rebuild in 39 days what took a decade to construct
Reportage
The broadcaster finds itself trapped in a $3 billion contract it can’t afford and can’t exit. The workaround taking shape will determine whether Indian cricket’s decade of growth was sustainable or inflated.
Analysis
India’s World Cup win was the result of years of incremental reform, steady investment, and a league that treated women’s cricket as a business worth building.
Analysis
As Diageo looks to cut costs and refocus its portfolio, the RCB valuation offers a glimpse of how global consumer giants are learning to treat sport as an asset class rather than a marketing indulgence.