Quote of the Day

"Across the world stadiums that are not used die. Without anchor tenants the cost would be huge to the tax payer."
-- EPL West Ham Vice-Chair Karren Brady, answering criticism that the club wasn't paying enough to be the main tenant at London's Olympic Stadium. (BELFAST TELEGRAPH, 7/24)
Thursday July 25, 2013 Vol. 2 — No. 32 Print This Issue

Top Stories

  • Racing Through Loophole

    Bernie Ecclestone's F1 made a net contribution of $1.5M in corporate tax in '11.

    The company that runs F1 "has used a complex technique to legally avoid paying tens of millions of pounds in corporation tax despite racking up annual profits" of £305M last year, according to Christian Sylt of the London INDEPENDENT. F1, which is run by billionaire Bernie Ecclestone, made a net contribution of £945,663 ($1.5M) in corporation tax in '11 on revenues of £980m ($1.5B) -- even though the majority of its commercial operations are based in the U.K.

  • Sharing The Loot

    Juventus gets biggest slice of UEFA's $1.2B Champions League pie.

  • Pub Crawl

    EPL hires investigators to crack down on pirated pub broadcasts.

  • Closing In

    Source: Indonesian billionaire Thohir near deal for Inter Milan stake.

  • Staying On Point

    UK Athletics extends deal with BBC through '20.

  • Free-And-Clear

    EPL club Cardiff City settles debt with Langston.

  • Pay The Bills

    West Ham must clear debt before moving to Olympic Stadium.

  • In Hindsight ...

    FIFA's Theo Zwanziger says Qatar World Cup "a blatant mistake."

  • Layin' Down The Law

    Russian President Putin signs anti-hooligan, match-fixing bills.

  • Maxed Out

    Ecclestone says '14 F1 season won't include more than 20 races.

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