SBD Global/November 20, 2012/People and Pop Culture

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  • Ecclestone Faces New $1B Lawsuit Over The '05 Sale Of F1

    F1 CEO BERNIE ECCLESTONE "faces a new legal challenge over the '05 sale of F1 after a private equity group filed a £650M ($1.03B) lawsuit claiming he conspired with others to prevent it from buying the motor racing series," according to Roger Blitz of the FINANCIAL TIMES. Ecclestone "is named along with CVC Capital Partners, which bought F1 for $1.6B in '05, and the German bank BayernLB as defendants in the suit, which was filed in N.Y. on Friday." Also named as a defendant in the suit is GERHARD GRIBKOWSKY. The claimant is Bluewaters Communications Holdings, which ahead of CVC's purchase "had put together a $1B offer for F1 with funding from two other private equity groups, Apollo Global Management and King Street Capital Management." The lawsuit alleges that Bluewaters "negotiated to buy F1 with Gribkowsky and BayernLB and submitted a written offer as well as an offer to pay 10% more in cash than any other bidder" (FINANCIAL TIMES, 11/19).

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  • Executive Transactions

    EDWIN VAN DER SAR has been named marketing director of Eredivisie club Ajax Amsterdam. The former goalkeeper joins a number of former players that were brought up at the club and now occupy "important positions." FRANK DE BOER is the coach, MARC OVERMARS the sporting director, and DENNIS BERGKAMP and WIM JONK are part of the technical staff (L'EQUIPE, 11/19). MICHAEL KINSBERGEN will also join the club as managing director. In a statement, Ajax CEO HANS WEIJERS said, "Van der Sar had a fantastic career and also has natural leadership and therefore the potential to be our managing director in the future. Kinsbergen will lead the board and organization in the coming years and also guide Van der Sar in his further development" (REUTERS, 11/19).

    MORE TRANSACTIONS: Golf Australia has named ROBERT CROSBY and JILL SPARGO to its board. Crosby is a former board member of Golf South Australia, while Spargo has been a board member of Women's Golf Victoria and Golf Victoria, serving on a range of governance committees (Golf Australia). ... Int'l Canoe Federation President JOSE PERURENA LOPEZ has been re-elected after he was the sole candidate for the position. Treasurer LUCIANO BUONFIGLIO, Chairs FRANK GARNER, JEAN-MICHEL PRONO, JORN CRONBERG and JOHN EDWARDS "all went unchallenged and retained their positions" (ICF). ... Former Chief Justice of the Rajasthan High Court ANIL DEV SINGH "will head the election commission of the Indian Olympic Association." Justice Singh "will succeed S.Y. QURAISHI, who resigned as the chairman of the panel Saturday." The appointment "was made by the IOA acting President VIJAY KUMAR MALHOTRA" (THE HINDU, 11/19).

    Do you have an executive announcement? If so, please send to: global@sportsbusinessdaily.com.

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  • Names In The News

    Belgium golfer NICOLAS COLSAERTS has insisted that "the make-up of golf courses in the U.S. were more crucial to his decision than finance after becoming the latest European player to confirm he will join the PGA Tour next year." Colsaerts said, "The thing that attracts me the most is the courses. I think they probably fit my game a little better week in, week out than the ones we play in Europe" (London GUARDIAN, 11/19). ... Former Ukrainian striker ANDRIY SHEVCHENKO "has turned down an offer to take over as manager of the national team." Shevchenko said, "I consider that taking over the national squad will be a bit too hasty a move for me" (AFP, 11/19). ... There is a "big chance" that RIO FERDINAND will leave ManU in the summer when his current contract ends. The defender "has told his friends he has no intention of retiring and is weighing up his future" at ManU. One choice "could be a lucrative deal to play in China, though nothing is being ruled in or out" (London GUARDIAN, 11/18). ... Tennis' world No. 1 NOVAK DJOKOVIC "played a charity football match" alongside three-time French Open champion GUSTAVO KUERTEN in Rio de Janeiro before a Brazilian league fixture on the weekend. The charity game was organized by fellow Serbian DEJAN PETKOVIC. Djokovic also played alongside former Brazil players ZICO and BEBETO (London DAILY MAIL, 11/19). ... Five goalkeepers have been shortlisted for FIFA/FIFPro World XI 2012. They are Real Madrid's IKER CASILLAS, Juventus' GIANLUIGI BUFFON, Chelsea's PETR CECH, Manchester City's JOE HART and Bayern Munich's MANUEL NEUER (FIFA).

    IN ASIA: Chinese Super League club Beijing Guoan Manager JAIME PACHECO left Beijing Sunday morning for Portugal, after "having been released" by the club. More than 1,000 fans saw him off at the capital's airport, "some of them showing up five hours before" his flight (WILD EAST FOOTBALL, 11/19). ... Chinese national football team player ZHENG ZHI has been nominated for the 2012 Asian Football Confederation Player of the Year award. He is "competing for the top individual award" of Asian football against four other candidates: the '04 recipient ALI KARIMI, South Korean LEE KEUN-HO, Australian LUCAS NEILL and Iranian MOHSEN BENGAR (XINHUA, 11/18). ... One of South Korea's "most popular contemporary writers, LEE OI-SOO, has been named an honorary ambassador for the 2018 PyeongChang Winter Olympics (KOREA TIMES, 11/19).

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  • Twitter Me This...

    London Telegraph writer Paul Kelso tweeted this picture of Juventus Stadium on Nov. 19, the day before it was to play Chelsea.

    Niubball.com's JON PASTUSZEK: "How's this for a CBA season opener: Gil making his China debut with Shanghai on the road in Beijing against Marbury and the defending champs"

    Manchester Evening News' MIKE KEEGAN: "Off to a debate at @footballmuseum shortly entitled: "The media coverage of sport contributes to inequality in society.""

    Livingston FC Supporter Dir DAVID STOKER: "Understatement of the century from Hearts on Angelo Massone: "...the Italian may not be the right person to take the club forward.""

    U.S. skier BODE MILLER: "Nobody makes me bleed my own blood, except the drug tester guys."

    If you see a tweet we will not want to miss, send it to us at global@sportsbusinessdaily.com.

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