Hangin' With ... Giampiero Rinaudo Blue Pitch Will Not Be Forced Out Of Ibrox Chung Mong-Joon Announces Candidacy Roc Nation Rides Alliance Into Football NBA Signs Marriott For Int'l Games New Stadium In Monterrey Opens Sunday Berlusconi To Sign Binding Pre-Accord Executive Transactions Names In The News AFL Clubs Rebel Against 'KFC' Tax
SBD Global/June 11, 2013/FinancePrint All
Málaga, Spain Mayor Francisco de la Torre said Monday that La Liga side Málaga owes "more than €1.6M" ($2.1M) to the three owners of La Rosaleda Stadium -- the town council, the administrative body and the Junta of Andalusia -- for use of the stadium, according to the EFE. De la Torre said the stadium co-owners want Málaga "to provide 'compensation' without having to pay." De la Torre: "The co-owners have an agreement since '04, and it has been respected by each owner." De la Torre referenced the €180,000 ($238,212) annual fee for the use of La Rosaleda. De la Torre said that he "hopes to have a meeting with those responsible for the club." Since two weeks ago, a meeting has been planned for Tuesday to "look for ways for Málaga to not have to make a make a payment." De la Torre said, "This has been our interest" (EFE, 6/10).
World No. 2 golfer Rory McIlroy "is one of the major beneficiaries as Irish private equity group FL partners sold its Sunseeker luxury yacht business to Chinese property firm Dalian Wanda" for more than €350M ($463M), according to Nick Webb of the IRISH INDEPENDENT. The firm's iconic speedboats "have been featured in James Bond films and have been used by the likes of Michael Douglas, Simon Cowell and Chelsea footballer John Terry." McIlroy "owns a stake in Portofino Investments," which held a 65% chunk of Sunseeker. He is likely to bag close to €2M ($2.7M) from the buyout (IRISH INDEPENDENT, 6/9).