Mainz Exec Calls For Expansion Of League Executive Transactions Names In The News N. Srinivasan Gives Up CSK Stake Letv Sports Website Valued At $450M Bastion Group Adds Senior Execs Fourth-Free-To-Air Game Key In NRL Talks Iran Reveals Plans To Build F1 Circuit Britain's Sport Industry Hitting Its Stride Illegal Betting Taking Toll On China, India
SBD Global/August 13, 2013/FranchisesPrint All
The "bitter battle for control" of National Rugby League side Manly could "finally be over after a consortium of sponsors banded together to buy out the Penn faction," according to Adrian Proszenko of the SYDNEY MORNING HERALD. The Penn family flagged its intention to "sell their share of the club," which currently stands at 49.5%, at a recent board meeting. A consortium of "current and potential sponsors, including United Resource Management, Hall Chadwick and Mentor1 Financial, are in discussions about putting together an offer to buy out the Penns." Sponsor Kaspersky Lab is "across the negotiations." It is understood the Penns want about A$5M ($4.6M), "while the initial offer is likely to be closer" to A$4M (SMH, 8/13).
Fans of Spanish second division side Alcorcón, "which does not know whether it will play next season in the Spanish second or third division, are responding more than ever." The team already has 2,000 season ticket holders for the upcoming season, "despite not knowing in which category it will play." It is "another show of support for the club, which has also been embraced on social media, including the creation of the Twitter hashtag #noaldescensodelalcorcon (no Alcorcón relegation)" (AS, 8/11). ... Pacific League baseball team Rakuten Eagles "plan to add about 2,000 more spectators seats to Kleenex Stadium this season." The expansion project "will increase the seating capacity from the current 23,451 to some 25,000 (KYODO, 8/11). ... The Australian Football League is "planning to announce charges" against Australian Football League side Essendon, "and potentially a number of individuals including senior coach James Hird, as early as 9am on Tuesday" (THE AGE, 8/12).