Quote of the Day
"London has absolutely refreshed the Games in many aspects. These were athletes' Games, the Athlete's Village was fantastic, the venues were state of the art and well run, you had a fantastic public."-- IOC President Jacques Rogge, on the final day of the London Games. (London GUARDIAN, 8/12)
Events
Top Stories
-
ManU Offer A Slow Starter
ManU Owners Avram Glazer, third from left, and Joel Glazer, second from left, applaud after ringing the opening bell at the New York Stock Exchange on Friday.
Shares in ManU made "a muted debut" as they opened for trading on Friday just above their initial public offering price, according to Mackenzie & Makan of the FINANCIAL TIMES. The failure of the shares to “pop” on its trading debut on the N.Y. Stock Exchange was "a second blow for the listing," after underwriters lowered the price to $14.05 per share late on Thursday. The stock eventually peaked at $14.20 and closed at $14 on turnover of more than 30 million shares, then dipped below the offer price in after hours trade to $13.90. It means the football club and its owners "raised about $234M from the sale of 16.7 million shares." That is nearly $100M lower than the $330M "implied at the top end of the price range."
-
Seal Of Approval
IOC President Jacques Rogge praises London Games as "absolutely fabulous."
-
Pay It Foward
LOCOG Chair Sebastian Coe handed the torch as London's "Legacy Ambassador."
-
Covered With Ads
NRL's Canberra Raiders sporting record $1.7M in sponsorships on their kit.
-
Fist Full Of Dollars
Spanish agency Mediapro has five bidders for free-to-air broadcast rights for La Liga.
-
Looking Ahead To Rio
British PM David Cameron says government will maintain funding for Rio athletes.
-
There's A Place In France
Ligue 1 club Lyon signs two-year jersey deal with Hyundai worth $6.1M per season.
-
East Meets West
Bundesliga club Fortuna Dusseldorf signs three-year, $1.8M deal with Hitachi.
-
Breaking New Ground
Hong Kong has first football training center, professional league on the drawing board.
