Quote of the Day

"There's nothing good about the Madison. Anyone who's been there understands that arena is no longer suited to modern hockey."
KHL VP Vladimir Shalaev, on playing two games next year in Brooklyn's Barclays Center instead of Madison Square Garden. (RIA NOVOSTI, 6/26)
Wednesday June 27, 2012 Vol. 1 — No. 13 Print This Issue

Top Stories

  • $50M Surprise For Barca

    Barcelona closed out the '11-12 season with a surplus of $50M

    FC Barcelona closed out the '11-12 season with a surplus of €40M ($50M), an increase from the start of the campaign when the club projected a net profit of €21M ($26.2M). Team President Sandro Rosell said, "It's extraordinary news." Rosell explained that this year’s surplus will be allocated to paying down the club’s debt. He also noted that when the current BOD took over the management of the club, the outstanding debt stood at €420M ($524.3M). Two years later, the debt has been reduced to €320M ($399.5M). Rosell said the decision to reduce the debt “will not affect the day-to-day business of the club,” because debt reduction actions have to do with investing in equity and that the acquisition of ...

  • Brazil Sells For Hospitality

    Hospitality provider Match finds World Cup in Brazil an easier sell than South Africa.

  • Big Blast For Beemer

    BMW unveils an advertising blitz that it's rolling out around the Olympics.

  • TV Paying The Bills

    The financial well-being of Brazilian football has become more and more linked to TV.

  • X Marks The Spot

    International organizers from Spain, Brazil and Germany meet in L.A. to plan future events.

  • Fiorentina Gets Dressed Up

    Italian club Fiorentina partners with Spanish firm Joma for uniforms.

  • Russian Chief Bows Out

    Russian FA CEO Sergei Fursenko resigns over country's poor showing in Euro 2012.

  • Chandler On 'Feherty'

    Golf agent Chubby Chandler speaks out in an interview with David Feherty.

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug