Released
01/11/25
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How Sport Became Business
and Business Became Sport
Price upon release £25
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The autobiography of one of the few surviving insiders, ‘Fast Tracks and Dark Deals’, is a surgical dissection of the business of sport and its evolution over the past fifty years from a cottage industry to a trillion-dollar business.

Fast-paced and edgy, it profiles the characters and events that gave birth to the sports biz. Along the way, readers encounter dazzling highs and sobering lows, as wars, scandals, and economic crises threaten to pull the whole spectacle apart.

The story is told from a seat close enough to hear the whispers in the corridor yet distant enough to see the broader patterns — the fragile alliances, the unexpected friendships, and the bold ideas that reshaped global sport.

‘Fast Tracks and Dark Deals’ offers unique business insights from someone who was a major player in many of them, who knew everyone and has been everywhere in the labyrinth of world sport, even its dark corners. The final part provides a telling and perhaps unsettling prediction for the next fifty years.

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what industry experts are saying...

This book presents a captivating story of sport’s transformation along with a record of one of its most influential architects.

Dr Thomas Bach, IOC President 2013-2025

If you care about innovation or success in business, you’ll want to read this.

Bernie Ecclestone, F1 Supremo

A must read for anyone involved in the sports world. Payne has not only seen, but helped shape the sports world’s evolution from a cottage industry, into a global trillion dollar behemoth. There’s another world beneath the glitter of gold medals and sparkling football trophies, and this book is a Google maps of how, when, where, and most importantly, why.”

David Hill, Former Chairman Fox Network

Payne is the consummate insider whose influence on multiple negotiations in the global sports arena over many decades is both deep and impactful. He provides much insight into the ever-evolving business models and the shifting landscape of the business side of the sports world.

George Foster, Professor of Management,
Stanford University, Graduate School of Management

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650 pages of untold stories, with 60 pages of photographs that document the evolution of the business of sport.

Mark McCormack and his first three clients, that would go onto launch the greatest agency the industry has ever known.

The day the power changed at F1. Signing of the 2nd Concorde agreement in 1987 – when Bernie Ecclestone moved on from being a team owner, to taking control of all F1 TV. A historic photo of the 3 power brokers, Bernie Ecclestone, Enzo Ferrari and FIA President Jean Marie Ballestre. Note how they are all wearing dark glasses inside, to add to the ‘drama’.

Two FIFA Presidents, Sepp Blatter and João Havelange, who would rule world football for over four decades, with aspiring candidate Michel Platini, who wanted to succeed but stumbled at the last hurdle. All three spent years in courts trying to clear their name, mostly successfully.

Sponsorship has come a long way since the 1972 when an associate of West Nally wasarranging for cows grazing next to the London to Brighton railway line be sponsored by Vladivar Vodka.

Who ever said F1 and Ferrari could not be partof the Olympics? Opening Ceremony Torino 2006 Olympic Winter Games.

With the USA hosting both the football World Cup in 2026 and the Olympics in 2028, the risk of the political weaponisation of sport has never been greater. FIFA president Gianni Infantino has done an impressive job building a strong relationship with President Trump, but will it bear fruit?

Probably never a good time to trip when carrying the Olympic torch, and certainly not when you’re the final torchbearer at the 1956 Cortina d’Ampezzo Olympic Winter Games. Italian speed skater Guido Caroli suffered a mishap when he encountered TV cables lying on the ice. Some reports suggested that the sacred Olympic torch had to be relit with a match from a spectator.

Horst Dassler signing the agreement with Samaranch in 1985 to formally launch the IOC’s TOP Programme. IOC lawyer, Howard Stupp officiates.

Closing one of the most transformative deals ever for the Olympics – Jack Ma with IOC President Bach at Alibaba Headquarters in Hangzhou, China.

Sir Kenneth Hughes, President of the 1956 Melbourne Olympic Games, who developed the simple principle of ‘sport is entertainment, not news,’ and therefore believed that broadcasters should pay for the rights to transmit the Games. Seen here marching behind IOC President Avery Brundage – the two leaders did not get along.

Michael Schumacher, the first billionare athlete and at one stage the highest paid athlete in the world.

Bernie never one to miss a marketing opportunity – turning a London street mugging into a product endorsement.

Mark McCormack and his first three clients, that would go onto launch the greatest agency the industry has ever known.

The day the power changed at F1. Signing of the 2nd Concorde agreement in 1987 – when Bernie Ecclestone moved on from being a team owner, to taking control of all F1 TV. A historic photo of the 3 power brokers, Bernie Ecclestone, Enzo Ferrari and FIA President Jean Marie Ballestre. Note how they are all wearing dark glasses inside, to add to the ‘drama’.

Two FIFA Presidents, Sepp Blatter and João Havelange, who would rule world football for over four decades, with aspiring candidate Michel Platini, who wanted to succeed but stumbled at the last hurdle. All three spent years in courts trying to clear their name, mostly successfully.

Sponsorship has come a long way since the 1972 when an associate of West Nally wasarranging for cows grazing next to the London to Brighton railway line be sponsored by Vladivar Vodka.

Who ever said F1 and Ferrari could not be partof the Olympics? Opening Ceremony Torino 2006 Olympic Winter Games.

With the USA hosting both the football World Cup in 2026 and the Olympics in 2028, the risk of the political weaponisation of sport has never been greater. FIFA president Gianni Infantino has done an impressive job building a strong relationship with President Trump, but will it bear fruit?

Probably never a good time to trip when carrying the Olympic torch, and certainly not when you’re the final torchbearer at the 1956 Cortina d’Ampezzo Olympic Winter Games. Italian speed skater Guido Caroli suffered a mishap when he encountered TV cables lying on the ice. Some reports suggested that the sacred Olympic torch had to be relit with a match from a spectator.

Horst Dassler signing the agreement with Samaranch in 1985 to formally launch the IOC’s TOP Programme. IOC lawyer, Howard Stupp officiates.

Closing one of the most transformative deals ever for the Olympics – Jack Ma with IOC President Bach at Alibaba Headquarters in Hangzhou, China.

Sir Kenneth Hughes, President of the 1956 Melbourne Olympic Games, who developed the simple principle of ‘sport is entertainment, not news,’ and therefore believed that broadcasters should pay for the rights to transmit the Games. Seen here marching behind IOC President Avery Brundage – the two leaders did not get along.

Michael Schumacher, the first billionare athlete and at one stage the highest paid athlete in the world.

Bernie never one to miss a marketing opportunity – turning a London street mugging into a product endorsement.

about the book

Fast Tracks and Dark Deals rips back the curtain on sport’s explosive rise from cottage industry to trillion dollar empire. Told by one of the few surviving insiders who knew everyone and saw everything — even in the darkest corners — it’s a fast, edgy ride through dazzling triumphs, bitter scandals, fragile alliances, and bold ideas that reshaped global sport. Part autobiography, part exposé, it delivers hard-won business insights and ends with an unsettling look at the next fifty years.

Contains over 650 pages of industry insights and colourful stories plus over 130 images, many previously unpublished.

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Advance Information

ISBN: 978-1-916556-75-1 (hardback)
ISBN: 978-1-916556-77-5 (ebook)

forewords

THOMAS BACH

President of the IOC (2013–2025)
Olympic Gold Medallist Montreal 1976

I’ve known Michael Payne for nearly forty years, first as a rising young sports marketer and later as a central figure in the transformation of the Olympic Movement. We share a background as former athletes and a deep belief in sport’s power to inspire, educate, and unite – especially through the Olympic Games.

When Michael joined the IOC in 1989 as the Director of Marketing and I became a member shortly after, we worked closely during a time of immense challenge and change. The IOC at that time was far from the polished organisation it is today. Financial resources were limited, the political landscape was volatile, and other sports bodies competed fiercely for attention and funding.

What followed was a remarkable journey of rebirth and reinvention. First as a member of the newly created Athletes’ Commission and then, in 1992 as a Member of the IOC, I saw a small group of visionaries reshape the IOC’s future. François Carrard, our first Director General, brought legal brilliance and unshakable calm. Dick Pound, the sharp and formidable Canadian Olympian and lawyer, fought hard for reform. And, of course, President Juan Antonio Samaranch, whose vision pulled the IOC from crisis and laid the foundation for the modern Games.

The fourth member of this ‘musketeer’ group is the author of this book. Michael was the youngest, the D’Artagnan of the team. However, he quickly became the engine, travelling the world, closing deals, shaping the brand, and delivering unprecedented value through sponsorship and broadcast rights. He was the persuader, the enforcer, and always the fixer.

To this day, Michael provides a rare blend of wisdom, energy, and strategic clarity. He is a trusted friend, and this book presents a captivating story of sport’s transformation along with a record of one of its most influential architects. I recommend it wholeheartedly.

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BERNIE ECCLESTONE

Legendary Sports Entrepreneur
The ‘Boss’ of F1 (1987–2017)

I’ve been involved in the sports industry for a while and have made a name as a person that can be trusted. Part of my success, at least what I tell myself, is that people rarely question my opinions – except for Michael Payne. He’s one of the few who has always told me what I didn’t want to hear, as he had already been there and more importantly, when I was about to make a mistake.

We’ve known each other for decades, since the days when I was a used car dealer and he was a ski bum. We both worked hard for what we built and understand the art of the deal. Michael had become a real rain maker in sports marketing – hire him, and money starts flowing in. That’s why I brought him into F1. He helped me rethink the importance of the F1 brand, sharpen our competitive thoughts, and centralise control. Like with the Olympics, we protected our rights ruthlessly and put those who stepped out of line back in their place.

When I heard IOC President Samaranch was stepping down in 2001, I knew the organisation would change, and I saw my chance to lure Michael away. After some careful persuasion, he joined F1 as my Special Adviser in 2004. He was exactly what I hoped for: bright, sharp, and always ahead. He helped take F1 into new markets, brought clarity to complexity, and became a trusted friend.

This book is a fitting testament to a curious (in a good way!) and remarkable mind. Michael may talk about the visionaries he’s worked with, but I can assure you, he’s one of them. If you care about innovation or success in your profession, you’ll want to read this.

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what the media is saying...

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Michael Payne, the British-Irish former professional freestyle skier, has spent the past forty-five years at the forefront of the global sports marketing industry. Hired as the IOC’s first marketing director, Michael helped oversee the transformation of the Olympics from bankruptcy to a billion-dollar brand.

After twenty years, he moved to F1 as Special Adviser to Bernie Ecclestone. Michael has run his own global boutique advisory group for the past two decades, negotiating some of the industry’s biggest deals. He is highly regarded as one of the most transformative executives within the sporting industry.

Other Books by Michael R Payne:

Olympic Turnaround

Published by London Business Press in 2005 and translated into fifteen languages. ‘How the Olympic Games stepped back from the brink of extinction to become the world’s best-known brand and a multi-billion-dollar global franchise.’

Toon in!

Published by Vision Sports, 2021. Winner of the Sunday Times Illustrated Book of the Year. Supported by 2,000 published cartoons, it presents an irreverent Olympic Games history: ‘The stories you never got to hear, an insider’s unofficial and entirely unsanctioned Olympic History.’

www.olympiccartoon.com

Other writing has been extensively published, including columns in the Financial times, Fortune, and Yomiuri Shimbun (Japan). He is also a regular commentator on sports business for BBC World, CNBC, and CNN, among others.