Gold Coast Fined For Salary Cap Breach Marketing Symposium: Global Sports Events Bayer To Pay Back Sponsorship Money HKFA Says It Learned From ARG Friendly CA Signs Naming-Rights Deal With Bupa DEB, Sport1 Extend Deal Until '17-18 Sky's CL Broadcast Attracts Top Ratings Curling Federation Set To Lose Funding Fabio Cannavaro Faces Tax Investigation HK To Kick Off New Reward System
SBD Global/November 16, 2012/FacilitiesPrint All
Paris St. Germain fans "will possibly" go cheer on the club at the Parc des Princes-QNB in the future, according to Philippe Romain of SPORT24. Paris Deputy Mayor Jean Vuillermoz said, "The naming, it will get done, it has to. Even if it is not necessarily what I prefer, it is self explanatory that it reduces the costs on a stadium." The city of Paris, which owns the stadium, "will however not compromise the Parc des Princes name." Since September, sources have mentioned "advanced negotiations between PSG and the Qatar National Bank," which could see the financial institution pay around €400M ($511M) over four years to have its name on the stadium and jersey of the club. Such a deal would allow PSG "to fall in line with the new Financial Fair Play rules." PSG management refused to comment on the story (SPORT24, 11/14).
Ireland's Ulster pro rugby team is "seeking to secure naming rights" for its proposed redeveloped of Ravenhill Stadium, according to Jim Stokes of the Irish INDEPENDENT. The club plans to utilize the €18.3M ($23M) injection from Northern Ireland's Department of Culture, Arts and Leisure for the final stages of construction. It is currently "in discussions with a number of interested parties" which would like to become the stadium's naming-rights partner. Ravenhill is owned by the Irish Rugby Football Union and was originally opened in '24. A new stand on the east side was opened three years ago. Work on the remaining three sides of the ground will begin Wednesday, and is expected to be completed by the summer of '14. The renovations will boost Ravenhill's capacity from 11,400 to 18,100. The Memorial End stand will house a ticket office, a shop, bar/catering facilities and a new educational facility, which will "promote the benefits of nutrition, a healthy lifestyle and the values of sport." The Aquinas stand will be the "new family area of the ground." It will provide covered seating for 2,100 people, with terracing for 1,300 fans. Beneath the stand will be "a state-of-the-art gym, meeting rooms and lecture halls" for the Ulster rugby squad and coaches. The second phase of the redevelopment will begin in July, and it is expected to be completed in August '14 (INDEPENDENT, 11/15).
Bundesliga club SC Freiburg "can hope for a new stadium," according to BILD. Plans for a renovation of its current stadium, located on the Dreisam river, "are, in any case, history." This is the result of a second assessment by an economic accounting firm. Freiburg Mayor Dieter Salomon said, "The axe has dropped on the Schwarzwaldstraße [location of current stadium]." The new plan is to construct a 35,000-seat stadium for an estimated €70M ($89M). An additional assessment "is supposed to survey locations in the city's west and north sides close to the Autobahn." The remaining problem is heavy protest by local residents. Salomon said, "We are working on that" (BILD, 11/14).
ROSTOCK STADIUM: The DPA reported German 3rd League football club Hansa Rostock "is planning to sell shares of the club-owned DKB-Arena, in order to increase the long-term competitiveness of the club." Club sources said that Rostock generated a positive revenue of almost €3.6M ($4.6M). However, the millions lie because they are the result of partial acquittal by the Rostock finance authority and creditor banks. Club Chair Bernd Hofmann said, "We currently have, despite the positive revenue, liabilities exceeding our assets on our balance sheets, a negative net worth of €6.6M ($8.4M). This number is simply too high for FC Hansa" (DPA, 11/14).