Gold Coast Fined For Salary Cap Breach Marketing Symposium: Global Sports Events Kazakhstan Seeks Foreign Investment Bochum Abandons Plan To Save Money NZRU Cancels Match In Singapore Cargiant, QPR Battle To Build Homes McIlroy Takes Time To Focus On Lawsuit PSG's Biggest Revenue Stream Is 'Other' Stadium Roof Would Cost Up To $307M Adidas Mulling Reebok Sale
SBD Global/November 19, 2012/People and Pop CulturePrint All
Rapper SNOOP DOGG "has revealed he wants to buy a share" in Scottish club Celtic, according to Lauren Crooks of the Scotland DAILY RECORD. The L.A.-based hip hop artist said that he "wants a seat on the board and is ready to shell out millions to get involved at the Parkhead club." Snoop said that he has discussed his plans with his friend DAVID BECKHAM and "claims he’ll get Becks into a Hoops jersey." Snoop said, "I got a lot of interest in soccer. It’s not a new thing for hip hop stars to invest in sports teams, but it is a new thing for hip hop stars to invest in soccer teams. I am passionate about my sport. The boxes at Celtic would never be the same once I have hosted a party there" (DAILY RECORD, 11/18). L'EQUIPE reported that Snoop was impressed by Celtic's 2-1 Champions League victory against Barcelona on Nov. 7 and is now ready to invest in the Scottish team. Snoop said he "wasn't exactly sure" how much he would invest but it would be "a percentage elevated enough so that his voice is heard" (L'EQUIPE, 11/18).
STAN KROENKE has "more skin in the sports game -- more assets invested, more holdings, more major franchises -- than anyone else on the planet," according to L. Jon Wertheim of SPORTS ILLUSTRATED. Kroenke owns the NFL St. Louis Rams, NBA Denver Nuggets, NHL Colorado Avalanche, EPL Arsenal, Denver's Pepsi Center, the Major League Soccer Colorado Rapids and their stadium, the National Lacrosse League Colorado Mammoth and the RSN Altitude Sports & Entertainment. Wertheim wrote, "Inasmuch as money is power, Kroenke is sport's ultimate kingpin, with holdings approaching $4B." Those in Kroenke's "orbit invariably have a story about how Stan ... lacks arrogance or ego or look-at-me sensibilities." Talk about him "with anyone in his circle and the words grounded and humble and normal are in heavy rotation." In both the NBA and NFL offices, he is "regarded as a solid and conscientious partner, a good corporate citizen, easy to work with and easy to find." At league board meetings he "does not seek an active role in shaping policy." Kroenke also runs his franchises like "self-sustaining businesses." His teams "carry little or no debt, while he withdraws virtually no money from them." He launched Tickethorse, which would "become the ticket vendor for all the Kroenke-owned teams and venues." He launched Altitude, then Altitude Authentics, which "sells branded jerseys and team gear." Kroenke also looked at "how his teams and properties could work together." So it was that Altitude "began producing the Rams' preseason games; the Rapids' staff makes an annual trip to visit the Arsenal coaches; Avalanche tickets are available for purchase at Nuggets games." This "kind of sensible, efficient use of resources ... doesn't get you notoriety the way calling plays and incessant tweeting do." But it "makes for good business." Kroenke "points out that he's never sold a team." What does Kroenke think "of treating a team as an expensive toy?" Kroenke: "That's not a viable long-term kind of thing. It's bad for the fans. You want to win, and that's most important, but I wouldn't do it just for a social hobby" (SI, 11/19 issue).
HOLDING HIS OWN: In Denver, Adrian Dater wrote of Kroenke, "I think he's been a good owner for his teams, and that includes" the Avalanche. He seems to "treat his employees fairly." There have been "no layoffs of Avs team employees since the lockout started." He has "always been civil in my few dealings with him." Dater: "Yeah, I wish he were more accessible, but he's not, so that's the way it is" (DENVER POST, 11/16).
Championship club Leicester City has appointed Chinese businessman LIU SHILAI to its board of directors. He will become vice chairman, alongside AIYAWATT RAKSRIAKSORN and the board, after the move was ratified by the league. He will presume his role on Dec. 1 (Leicester City). ... France top 14 Perpignan President PAUL GOZE was elected as head of the National Rugby League (LNR) for the next four years (LE PARISIEN, 11/16). ... Liverpool Dir of Communications JEN CHANG has left his post by way of "mutual consent." Chang, who was appointed in May, was recently "involved in a controversial meeting in Manchester with SEAN CUMMINS," a Liverpool fan behind the parody Duncan Jenkins Twitter account that claimed to have inside knowledge of the club (London GUARDIAN, 11/16).
Do you have an executive announcement? If so, please send to: email@example.com.
Second Bundesliga club 1860 Munich released head coach REINER MAURER on Saturday evening. ALEXANDER SCHMIDT, who has been the club's U-21 coach since the start of the season, was appointed as Maurer's successor (DPA, 11/18). ... Austrian hockey club EC Red Bull Salzburg signed NHL Boston Bruins defenseman JOHNNY BOYCHUK during the league's lockout. In addition, league opponent KAC acquired NHL Anaheim Ducks player ANDREW COGLIANO (KURIER, 11/17). ... Brazil beat Spain 3-2 in overtime in the FIFA Futsal World Cup final on Sunday. Brazilian NETO scored the game winner with 20 seconds left to play in the overtime period (IG, 11/18). ... F1 driver MICHAEL SCHUMACHER has bought a 200-hectare ranch in Texas, with stabling for 36 horses. CORINNA SCHUMACHER, the wife of the 43-year-old seven-time world champion, "has already started to breed riding horses at the property" (AUTO WEEK, 11/16).
London Times' KEVIN EASON: "Just watched finish of GT3 support race, won by Snow followed by Fogg. Presumably Rain will be along later."
Red Bull F1 driver MARK WEBBER: "At a VIP dinner last night an American woman asked me"where are you from?" I said Australia, she said "wow your English is amazing""
Speed’s F1 reporter WILL BUXTON: "Is this damaging to F1 in the US? No. But the way some members of the media are reporting it is. Lets get some perspective people."
If you see a tweet we will not want to miss, send it to us at firstname.lastname@example.org.