DEB Counts On DEL For Financial Help Germany Decides To Bid On 2024 Games Osnabrück Reports €137K Loss For '13-14 Executive Transactions Names In The News Rio Golf Course, Developer Given Deadline Sky Buys Stake In Whistle Sports Network Fernandes Calls For F1 To Curb Spending Huawei Signs Deal With Santos Twitter Me This...
SBD Global/August 20, 2013/FranchisesPrint All
The board of directors of Bundesliga champion Bayern Munich "is not standing unified behind its Chair & President Uli Hoeneß," who has been accused of tax evasion, according to Martin Seiwert of WIRTSCHAFTS WOCHE. The assistant board chairman, Audi Chair Rupert Stadler, "wants to put Hoeneß' stay on the board up for discussion in case the Munich court allows the charges to go to trial." Three months ago, the board "rejected a resignation offer by Hoeneß" (WIRTSCHAFTS WOCHE, 8/17).
The three official fan groups of Scottish League 1 club Rangers "have issued a joint statement on the eve of Tuesday's crunch board meeting, urging Ibrox directors to end Charles Green's consultancy role with the club," according to the HERALD SCOTLAND. They also voiced "backing for the move" by Jim McColl's group to oust CEO Craig Mather, Finance Dir Brian Stockbridge and fellow Dir Bryan Smart. The statement, issued by the Rangers Supporters Assembly, the Rangers Supporters Association, and the Rangers Supporters Association, read, "There are significant concerns among our worldwide fan base over the conduct of former CEO, Charles Green" (HERALD SCOTLAND, 8/19). The Scotland DAILY RECORD reported Green resigned as CEO in April "amid allegations of links to former Rangers Owner Craig Whyte and anger over racist comments" made about former club Dir Imran Ahmad. Green has faced fresh anger after telling Manager Ally McCoist that he would have a "problem" if he failed to lead the team to a domestic cup win while also backing a £3.4M ($5.3M) legal bid launched by Ahmad against the Glasgow side after he too was forced out of the club (DAILY RECORD, 8/19).
ADVERT REVIEW: In Edinburgh, Angus Howarth reported the Advertising Standards Agency "is to review an advert in which Rangers were described as the ‘most successful’ club in Scotland." The claim "prompted nearly 80 complaints that the advert, which was used to promote season tickets for the Ibrox club, was misleading." Complainants said that the club "had only been formed last year" when the Sevco consortium, led by Green, "bought the assets" for £5.5M, but the watchdog "had already cleared the advert." However, former top civil servant Hayden Phillips, who acts as the independent reviewer of ASA decisions, said that "there had been flaws in the way the decision had been taken" (THE SCOTSMAN, 8/19).
National Rugby League side Wests Tigers "need an urgent cash injection" of A$1M ($910,000) to survive -- something powerful stakeholder Wests Ashfield "will only provide in exchange for control of the joint venture's board," according to Andrew Webster of the SYDNEY MORNING HERALD. The embattled club "has come to the most critical crossroads of its turbulent history, with the Magpies side of the partnership no longer prepared to provide funding without greater control." While they "steadfastly want to remain in partnership with cash-strapped partners Balmain, Wests have demanded an extra director on a reduced nine or seven-man board and the chairmanship for the next three years in exchange for new funding to remain solvent." Wests Tigers Chair Mike Bailey -- who is also chairman of Wests Ashfield -- said on Monday night, ''I don't know what Balmain's view is today, but we live in hope that good sense will prevail and the need will be recognized for the sort of money we're contributing and that the club can flourish. We've asked for Balmain to address this by the end of the week" (SMH, 8/20).