Quote of the Day

"Immediately [after] the Games are over, we need to develop a national sports strategy. Let’s pull together the main departments in government and agree on a national strategy. And agree on how we deliver it."
-- LOCOG Deputy Chair Keith Mills, calling for an overhaul of school sport in the U.K. (London TELEGRAPH, 8/7)
Wednesday August 8, 2012 Vol. 1 — No. 42 Print This Issue

Top Stories

  • All Locked Up

    ManU has "received enough orders for all shares being sold in its U.S. initial public offering," according to Wu & Hu of BLOOMBERG. The company and its owner, the Glazer family, "are seeking to raise as much as" $333M by selling 16.7 million shares at $16 to $20 each. An individual who declined to be identified because the talks are private said that banks managing the IPO are "scheduled to stop taking orders for the shares on Aug. 9 at noon in N.Y. ManU is "pressing ahead with the IPO" as the Standard & Poor's 500 index rebounds, rising more than 9% from its six-month low in June. Club spokesperson Philip Townsend declined to comment.

  • Time Marches On

    Serie A club Juventus signs three-year deal with Swiss watchmaker Hublot.

  • Worldly Ambitions

    Repucom CEO Paul Smith talks about the company's global expansion strategy.

  • Riding The Home Team

    BBC gets 12 million viewers for 400m hurdles; IOC says 50 million plus have tuned in.

  • Off To A Fast Start

    Visa doesn't waste any time getting out a 10-second spot featuring Usain Bolt.

  • Over The Limit

    FIBA will listen, but idea of age limit for Olympic basketball players is unpopular.

  • Sizzling Sales

    Bundesliga clubs have sold nearly 500K season tickets for the league's 50th campaign.

  • Guilt By Association

    Liverpool FC faces a backlash from sponsor Standard Chartered's dealing with Iran.

  • Down Under Ambush

    Organizers are investigating how unauthorized condoms made it into the Athletes' Village.

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