Eccelstone Case Disrupting Sale Of F1 Lim To Help Atlético Pay Mediapro Debt CL Title Won't Impact Dortmund Shares Xerex Relying On Spanish Tax Agency Deportivo Cuts Costs To Appease Judge SAFA Owes Second Division $500K Finance Notes Business Rates Are Lord's Next Big Test Nottingham In Talks With New Backers F1 IPO On Track Despite Legal Issues
Currency Converter
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
| From: | |
| To: | |
Upcoming Conferences and Events
SBD Global/January 15, 2013/Finance
Finance Notes: Sacked Adelaide Coach Rini Coolen Sues Club For $2.3M
Published January 15, 2013
Former A-League club Adelaide United head coach Rini Coolen is suing the club for A$2.2M ($2.3M) "after his sacking" in Dec. '11. Dutch-born Coolen's demands were outlined at the opening of a trial in the South Australian District Court on Monday and include almost A$1.3M "to pay out the three-and-a-half years he had left on his contract" (AAP, 1/14). ... La Liga club Deportivo La Coruna is seeking assistance "to avoid going out of business" after filing for bankruptcy protection. The club is more than €100M ($134M) in debt (SOCCEREX, 1/11). ... Russian basketball team Khimki "could go bankrupt in the near future." Last year's runner-up in the Russian domestic league has been "having financial problems since a change in ownership" in late '12 (RUSSIA TODAY, 1/11).
Return to top
