Quote of the Day
"I am a little bit romantic, and that is not romantic."-- Bundesliga Borussia Dortmund CEO Hans-Joachim Watzke, who made comments critical of EPL's foreign ownership, on Man City being owned and funded by Sheikh Mansour of Abu Dhabi. (London GUARDIAN, 12/2)
Top Stories
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Driving The Bottom Line
F1 team McLaren "has released its financial numbers for the '11 fiscal year in which it generated a profit before taxes of €28M," according to Sylt & Reid of MOTORSPORT TOTAL. McLaren "was also able to increase its revenue by 16% to €212M." The reason for this increase was "on one hand a bigger share of F1's marketing revenue, and on the other hand a higher payment from title sponsor Vodafone." The telecom company transferred around €57.5M to the England-based team in '11, which is 15% more than the previous year. The team's profit went almost completely (€25M) into the coffers of the McLaren Group, in which Founder Ron Dennis and Bahrain-based holding company Mumtalakat each own 50%.
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Signed And Sealed
Bridgestone signs on as title sponsor for Libertadores.
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By Air And Sea
New Premier League TV deal puts matches on airliners, cruise ships.
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Winter Wonderland
Austria's ServusTV plans five-hours of programming around DEL Winter Game.
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Paid In Full
SPL club Heart of Midlothian pays off $725K bill to tax service.
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Champing At The Bit
Aussie football clubs eagerly waiting for chance to throw money at Beckham.
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A United Front
SPL clubs unanimously in favor of league's restructuring plan.
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The Home Team
Borussia Dortmund boss criticizes EPL clubs over foreign ownership.
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Timing Is Everything
KBO's Lotte Giants lodge complaint over "unbalanced" schedule.
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Golden Opportunity
Rugby Sevens in line to play in main Olympic Stadium during Rio Games.
