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The Week in Sportbiz: Uncle Sam arrives for cricket, Nigel Wray fitness and sports bets reveal trans policy




Not content with trying to split the Premier League, Americans now have another English sacred cow in their sights: cricket.

The game’s governing body in the United States today announced ambitious plans to become a major mainstream sport on the other side of the Atlantic, achieving full member status on the International Cricket Council within ten years.

USA Cricket chairman Paraag Marathe admitted that the sport was still in an “embryonic development phase”.

Read more: The sport’s governance problem: Scandal certainly beckons professionalism and transparency

But he added, “We have been encouraged by the great progress we have been able to make in a number of different areas, despite the obvious challenges of our time, and we expect our growth to accelerate now that the organizational direction is very been. clearly set. “

Full details of USA Cricket’s blueprint can be found here.

Wray’s home gym

City grandmother Nigel Wray has supported a few winners over the years, so his latest investment may be one to keep an eye on.

The Saracen owner is one of the investors who jointly pumped 7.7 million in funding into fitness technology outfit Jaxjox.

Dowgate Capital has also provided support for the US-based company, which is developing a digital home fitness platform.

Wray said, “After investing in the Angel Round, we were delighted to increase our stake in Jaxjox as we believe they will transform the home fitness market.”

Sport is at odds with trans policy

The Rugby Football Union and British Cycling both released their trans participation policies this week with different conclusions.

The RFU said it would resist World Rugby’s guidelines to ban trans women from playing in the women’s game, and said more scientific evidence and consultation with players was needed.

However, British Cycling has determined that trans or non-binary people wishing to participate in a women’s race must prove that their testosterone levels had remained below a certain threshold from the previous year.

Dortmund counts costs of pandemic

Borussia Dortmund has become one of the first top football clubs to demonstrate the impact of the pandemic on their finances.

Erling Braut Haaland from Borussia Dortmund
Dortmund saw sales for the coronavirus-hit fourth quarter drop by 25 percent (AFP via Getty Images)

The German club announced an annual loss of 60 million (54 million) for 2019-2020 this week as revenues for the coronavirus-affected fourth quarter fell 25 percent year-on-year.

Full year income was 370 million (330 million), down from 377 million in 2018/19, leading Dortmund to scrap plans for its usual dividend.

Finally UK track and trace success

Domestic tracking and tracing efforts may leave a lot to be desired, but one UK project has at least met with some success.

Tech firm Restrata has added the Indian Premier League to its growing customer portfolio after working on English test cricket and a pilot event at the Kia Oval earlier this year.

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