Quote of the Day

"The whole of the bonuses of the France team at Euro 2012 are frozen. It's blocked money, which may be redistributed or not."
-- French Football Federation President Noël Le Graët, on holding back bonus money due the French team because of the players' off-field antics at the Euro 2012. (LE MONDE, 7/3)
Wednesday July 4, 2012 Vol. 1 — No. 18 Print This Issue

Top Stories

  • ManU Files For U.S. IPO

    ManU filed an initial public offering of up to $100M in the U.S., the EPL club announced Tuesday. The number of shares to be offered on the N.Y. stock exchange and the price have yet to be determined. Jefferies, Credit Suisse Securities, J.P Morgan, Bank of America/Merrill Lynch and Deutsche Bank Securities will lead the offering (ManU). In N.Y., The WALL STREET JOURNAL's Kristin Jones reported that ManU would become "one of the first sports teams to go public in the U.S. in more than a decade." The last team do to so was "the Cleveland Indians Baseball Co.," which launched in '98. ManU "reported a profit" of £38M ($60M) through March 31, up from £13.3M ($21M) from the previous year.

  • Money In The Bankers

    Barclays Bank and the EPL are close to extending their sponsorship deal for $55M a year.

  • Enjoying A Football Windfall

    Spain was the Euro 2012 winner on the pitch and financially, collecting nearly $29M.

  • Ready For Some Football

    Red Bull owner is looking to establish a new pro football team in Austria's second division.

  • Pay Off For Hyundai, Kia

    Euro 2012 sponsorship pays off for Hyundai, Kia, according to German study.

  • Ready For Big Payday

    Andy Murray will be swamped with sponsorship offers if he can pull off a Wimbledon victory.

  • Brazilian Board Cuts Gymnast

    The Brazilian gymnastics board removes Barbosa from team after sponsorship row.

  • Bad Behavior Costly

    French football boss Le Graët puts a freeze on Euro 2012 bonuses earmarked for players.

  • Irish Eyes Are Smiling

    Irish Open is on a new path after record crowds, profits solidify place as "People's Tournament."

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