Quote of the Day

"There's a lot of tribalism involved: In part, it's the tribal aspect that gives rugby its special magic, but we can't allow it to get in the way of cool-headed, sensible commercial decision-making."
-- Leicester Chair Peter Tom, on talks over the future of the Heineken Cup. (London INDEPENDENT, 9/18)
Wednesday September 19, 2012 Vol. 1 — No. 71 Print This Issue

Top Stories

  • ManU Down After First Half

    ManU, which launched on the NYSE in June, has announced a $7.6M pre-tax revenue loss for the first half of 2012.

    ManU has announced a "pre-tax loss of £4.7M ($7.6M) on falling revenues in the year to June," just a month after the club floated on the N.Y. Stock Exchange, according to Matthew Sparkes of the London TELEGRAPH. The loss comes after ManU reported a £12M ($19.5M) profit last year. However, a "one-off tax credit" of £28M ($45.5M) boosted post-tax profits to £23.4M ($38M). Revenue fell by 3.3% during the period to £320M ($520M). Assuming that ManU reaches the quarterfinals of the Champions League, it "predicts income of between £350M ($569M) and £360M ($585M) next year." Matchday revenue fell 10.9% to £98.7M ($160.3M) "as a result of playing four fewer home games than in the previous season."

  • Helping At Home

    Andy Murray, mom back establishment of Scottish tennis academy.

  • Answering The Call

    Jake Humphrey leaves BBC to be frontman for BT's EPL coverage.

  • Girl Watching

    New BBC boss Entwistle calls for more coverage of women's sports.

  • America's Teams

    Centauro to sponsor Superclássico das Américas between Brazil, Argentina.

  • Swoosh Has It

    Nike is the brand that U.K. creatives most want to work with.

  • The More The Merrier

    Toshiba TEC latest sponsor for Glasgow Commonwealth Games.

  • Tension Mounts

    China-Japan dispute forces football cancellations, badminton withdrawal.

  • Football Six Pack

    TV Globo offers six football packages worth $571M for '13 season.

  • The Big Dogs

    Barça chief says La Liga has to find more competitive balance.

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