News for 'sports investment'

FIFA U-turn! Infantino scraps World Cup stake sale

FIFA U-turn! Infantino scraps World Cup stake sale

Rediff.com1 Aug 2026

FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.

India poised to become global esports powerhouse, says Esports Foundation COO

India poised to become global esports powerhouse, says Esports Foundation COO

Rediff.com15 Aug 2026

Mike McCabe, COO and Deputy CEO of the Esports Foundation, believes India has "more potential than any country on the planet" for esports, citing its enormous fan base, improving competitive ecosystem, and evolving policy environment as key drivers for rapid acceleration in the sport.

Key Arab Football Federations Reaffirm Support For FIFA President Infantino

Key Arab Football Federations Reaffirm Support For FIFA President Infantino

Rediff.com14 Aug 2026

Six Arab football federations, including 2030 World Cup co-host Morocco and Qatar, have publicly declared their "full support" and "confidence" in FIFA President Gianni Infantino. This backing comes as Infantino faces significant backlash and withdrawals of support from European and Oceania federations over his failed $20 billion private investment plan for the World Cup, highlighting a growing schism within global football governance.

'A Big Blow To Infantino': Former FIFA VP Jim Boyce Slams 'Ludicrous' World Cup Stake Sale Plan

'A Big Blow To Infantino': Former FIFA VP Jim Boyce Slams 'Ludicrous' World Cup Stake Sale Plan

Rediff.com3 Aug 2026

Former FIFA vice-president Jim Boyce has strongly criticised President Gianni Infantino's abandoned plans to sell a stake in the World Cup to private investors, labelling the proposal 'ludicrous' and urging FIFA to prioritise the interests of fans over profit.

F1's surprise move! Bahrain GP heads to Malaysia

F1's surprise move! Bahrain GP heads to Malaysia

Rediff.com26 Jul 2026

Malaysia's Sepang circuit will host the rescheduled 'Gulf Air Bahrain Grand Prix in Malaysia' on October 4, Formula One announced, stepping in after the original April races in Bahrain and Saudi Arabia were cancelled due to the Iran war and Middle East situation.

JCB Hydromax sets world land speed record for hydrogen-powered vehicle

JCB Hydromax sets world land speed record for hydrogen-powered vehicle

Rediff.com12 Aug 2026

Former fighter pilot Andy Green has set a new world land speed record for a hydrogen-powered car at the Bonneville Salt Flats in Utah, achieving a combined speed of 406.320 mph (653.909 kph) in the JCB Hydromax.

'Ultimately, Indian Football Has To Be Built By Indians'

'Ultimately, Indian Football Has To Be Built By Indians'

Rediff.com28 Jul 2026

'Our biggest opportunity lies with the younger age-group teams.' 'If you look at the senior national team, our chances are about 50-50.' 'The gap becomes smaller as you move down the age groups.' 'At the Under-20 level, it's closer to 60-40.' 'By the Under-17 level, it's around 80-20. That's where I feel we have our best chance.'

How India's Youth Volleyball Ecosystem Is Building Olympic Aspirations

How India's Youth Volleyball Ecosystem Is Building Olympic Aspirations

Rediff.com17 Aug 2026

India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.

'The Most Valuable Show For Us Is KBC'

'The Most Valuable Show For Us Is KBC'

Rediff.com6 hours ago

Sony Pictures Networks India (SPNI) has seen its revenue grow by over 9 per cent to 7,064 crore, driven by the strong performance of SonyLIV, Sony SAB, and Sony Entertainment Television (SET), said Gaurav Banerjee, head of SPNI.

John Abraham, Jonty Rhodes Unveil Rotterdam Dockers Jersey for European T20 Premier League

John Abraham, Jonty Rhodes Unveil Rotterdam Dockers Jersey for European T20 Premier League

Rediff.com11 Aug 2026

Bollywood actor John Abraham and cricket legend Jonty Rhodes unveiled the Rotterdam Dockers' team jersey for the inaugural European T20 Premier League, a new tournament featuring six city-based franchises across Europe.

Why FIFA's $20B Plan Has UEFA Up in Arms

Why FIFA's $20B Plan Has UEFA Up in Arms

Rediff.com29 Jul 2026

FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."

The Real Reasons India Can't Reach the FIFA World Cup

The Real Reasons India Can't Reach the FIFA World Cup

Rediff.com28 Jul 2026

Despite a population of 1.45 billion, India's football team is ranked a lowly 138th in the world and failed to qualify for next year's Asian Cup, highlighting deep-rooted systemic issues and a failure to implement reforms that keep the World Cup dream distant for fans.

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Rediff.com11 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.

ODI cricket's future hinges on this major ICC plan

ODI cricket's future hinges on this major ICC plan

Rediff.com12 Aug 2026

The era of 'randomly' scheduling bilateral series is over, but the ODI format can continue to survive and thrive with its place 'inextricably' linked to the World Cup, said ICC CEO Sanjog Gupta in an interview to PTI.

'Ciao Capitano': Milan says goodbye to Baresi

'Ciao Capitano': Milan says goodbye to Baresi

Rediff.com4 Aug 2026

Fans, former teammates, and opponents gathered in Milan to bid farewell to Franco Baresi, the iconic AC Milan and Italy defender who passed away at 66. Baresi, a legendary figure in Italian football, was remembered for his illustrious 20-year career with AC Milan and his contributions to the Italian national team.

SAI Boosts Weightlifting With Investment For Commonwealth And Asian Games

SAI Boosts Weightlifting With Investment For Commonwealth And Asian Games

Rediff.com11 May 2026

The Sports Authority of India (SAI) is investing nearly Rs 1.95 crore in international exposure and national coaching camps for weightlifters preparing for the Commonwealth Games and Asian Games.

Why Preeti almost quit boxing before winning CWG gold

Why Preeti almost quit boxing before winning CWG gold

Rediff.com5 Aug 2026

Following her Commonwealth Games 2026 gold medal win, Indian boxer Preeti Pawar reflected on the learning experience that the event gave her ahead of the Asian Games this year and the Los Angeles 2028 Olympics, the boxing culture in her hometown Bhiwani, known as 'Mini Cuba' for producing world-class talent and the fulfillment of her baklava promise after her medal win in Glasgow.

Temasek looks to cash in on IPL boom as investor race heats up

Temasek looks to cash in on IPL boom as investor race heats up

Rediff.com22 Jul 2026

Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

India Dominates FIDE Awards Shortlist

India Dominates FIDE Awards Shortlist

Rediff.com21 Jul 2026

From supporting young talents financially to earning global recognition, Indian chess is making its presence felt like never before.

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Cricket Scotland, Dutch Cricket Association slam ICC over 2027 World Cup format changes

Rediff.com10 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.

Why Mahindra Is Staying In Formula E Until 2030

Why Mahindra Is Staying In Formula E Until 2030

Rediff.com15 Aug 2026

Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.

Why Mahindra Is Staying In Formula E Until 2030

Why Mahindra Is Staying In Formula E Until 2030

Rediff.com15 Aug 2026

Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.

Tottenham's Record Spending Fuels New Ambition, Says Defender

Tottenham's Record Spending Fuels New Ambition, Says Defender

Rediff.com27 Jul 2026

Tottenham Hotspur's club-record 237 million summer spending spree has significantly transformed the mood and ambition at the London club, according to Dutch defender Mick van de Ven, following a stressful and unacceptable previous season.

Bollywood Star John Abraham Invests In European T20 Premier League Team

Bollywood Star John Abraham Invests In European T20 Premier League Team

Rediff.com26 Jun 2026

Bollywood actor John Abraham has acquired co-ownership in the Rotterdam Dockers, a franchise participating in the inaugural European T20 Premier League. The league, featuring six city-based teams, aims to boost cricket's growth in Europe and includes other cricketing legends in its ownership and leadership groups.

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

FIFA World Cup: The Billion-Dollar Secret Behind Morocco's Football Boom

Rediff.com4 Jul 2026

Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com6 days ago

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

'Students India's future': Prez Murmu promises fair exams in I-Day eve address

Rediff.com14 Aug 2026

Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.

Will Mourinho return to Real Madrid add spice to La Liga?

Will Mourinho return to Real Madrid add spice to La Liga?

Rediff.com11 Aug 2026

The upcoming LaLiga season promises an intense battle as Barcelona defends its title against a revamped Real Madrid, led by returning manager Jose Mourinho, and a turbulent Atletico Madrid. Real Madrid has made significant signings and brought back Mourinho after two trophyless seasons, while Barcelona relies on continuity and its World Cup-winning core. Atletico Madrid faces pressure on manager Diego Simeone and a potential transfer saga involving Julian Alvarez, setting the stage for a dramatic season.

UEFA nations to boycott World Cup over FIFA stake sale plans

UEFA nations to boycott World Cup over FIFA stake sale plans

Rediff.com30 Jul 2026

UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Infantino's FIFA future in jeopardy after World Cup stake sale gamble backfires

Rediff.com1 Aug 2026

FIFA President Gianni Infantino's ambitious plan to sell a 20% stake in a commercial entity managing the World Cup and other tournaments to private investors has been abandoned following widespread opposition, including a boycott threat from UEFA.

Tata Steel Details Player Support After Jamshedpur FC's ISL Withdrawal

Tata Steel Details Player Support After Jamshedpur FC's ISL Withdrawal

Rediff.com4 Aug 2026

Tata Steel has confirmed that Jamshedpur FC will honour all existing player contracts and assist footballers in finding new clubs following its withdrawal from the Indian Super League. The company also clarified that its commitment to grassroots football and youth development in Jamshedpur remains strong, with no plans to relocate the club's operations.

Back as Italy boss, Mancini targets two trophies

Back as Italy boss, Mancini targets two trophies

Rediff.com30 Jul 2026

Roberto Mancini has returned for a second spell as Italy coach, vowing to revive the Azzurri's fortunes after the nation missed the last three World Cups and failed to win a major trophy since Euro 2020 under his previous leadership.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

Vishy Anand Changes His Mind, Will Contest FIDE Poll

Vishy Anand Changes His Mind, Will Contest FIDE Poll

Rediff.com29 Jul 2026

Former World Champion Viswanathan Anand has reversed his earlier decision not to seek another term and will contest the election for the FIDE Deputy President's post.

Indian Volleyball Team's Historic Bronze Medal Achievement

Indian Volleyball Team's Historic Bronze Medal Achievement

Rediff.com29 Jun 2026

Sports Minister Mansukh Mandaviya felicitated the Indian men's volleyball team for winning the country's first-ever medal at the AVC Men's Volleyball Cup. India secured a bronze medal by defeating Bahrain, marking a historic achievement and reflecting the sport's growth in the nation. This success is expected to inspire young athletes and boost volleyball's development.

Indian co-owner of Lanka Premier League franchise arrested in player bribery case

Indian co-owner of Lanka Premier League franchise arrested in player bribery case

Rediff.com17 Jul 2026

A former Indian under-19 cricketer, who is a co-owner of the Lanka Premier League (LPL) franchise Jaffna Kings, was arrested by Sri Lanka's sports anti-corruption investigators on Friday over allegations of attempting to bribe a player.

Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Rediff.com5 Aug 2026

FIFA President Gianni Infantino is holding a crisis meeting with top officials in Morocco to address the fallout from his failed attempt to sell commercial rights to the World Cup, a move that has led to widespread criticism and calls for his removal.

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Infantino's Grip on FIFA Weakens as World Cup Rights Row Sparks Power Struggle

Rediff.com4 Aug 2026

FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.