SBD Global/September 14, 2012/International Football

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  • Sporting Lisbon Sees UEFA Sanction Hitting Business Deals

    Primeira Liga Sporting Lisbon, a "money-losing" football club that is seeking investors, said that its business negotiations "may have been affected" after UEFA froze its prize money, according to Alex Duff of BLOOMBERG. UEFA said Tuesday that Sporting Lisbon is among 23 teams to have prize money withheld after investigators identified “important” overdue payments to other clubs, employees or tax authorities. Sporting Lisbon "hasn’t missed any payment deadlines," and UEFA should rectify its comments as soon as possible “to avoid bigger damage” to its business (BLOOMBERG, 9/13). REUTERS' Daniel Alvarenga reported that Sporting Lisbon blamed miscommunication over a "minor" payment delay to other clubs. Club Financial VP Jose Guedes said that they "did not understand why UEFA's announcement came before the Oct. 14 deadline" for teams to comply with the new fair play rules. Sporting Lisbon added that there was a minor issue with payments to other clubs, but that there were "no salary delays" and that taxes and social security payments "were in order" (REUTERS, 9/13).

    Print | Tags: International Football, Europe, UEFA
  • Notes: Corinthians Needing One More Home Match To Set Ticket Revenue Record

    Brasileiro club Corinthians generated R$551,184 ($271,854) in ticket revenue from Wednesday nights home game against Ponte Preta, meaning that they will need another home game to break the league record of R$31.6M they set in '10 (IG.com.br, 9/12). ... The Barcelona vs. Real Madrid week 7 La Liga match will be played on Oct. 7 at the Camp Nou stadium at 7:50pm local time (MARCA, 9/12). ... Armenia has filed a protest with FIFA about "poor officiating" during this week's 1-0 World Cup qualifying defeat in Bulgaria. The Armenians complained about "decisions made by the referee and the treatment they had received from the home team" (REUTERS, 9/13). ...Travel agency Kuoni has been named the official accommodation agency of Euro 2016. Kuoni will provide accommodation services to the participating teams, match officials, commercial and broadcast partners, media, suppliers and staff involved in the organization of the event (UEFA).

    Print | Tags: International Football
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