Quotes Of The Year, Part One Executive Transactions Names In The News Mayne-Nicholls: England Bid Was Best Tour Of Ireland Could Return In 2016 LTA Prize Funding Cut Sparks Fury Qatar Eyeing EPL Tottenham Hotspur Levski Sofia: Salaries 75% Of '15 Budget Subway Ramps Up Liverpool Sponsorship Wanda Emerges In Infront Media Auction
SBD Global/September 25, 2013/FranchisesPrint All
National Rugby League side Cronulla Sharks "could be forced to relocate" 1,450km to central or southern Queensland in '15 "in the wake of the clubs administrative failures when" the Australian Sports Anti-Doping Authority investigation is complete, according to Wilson & Hooper of the Sydney DAILY TELEGRAPH. NRL powerbrokers "have held talks" about the possibility of the Sharks being moved to Rockhampton or southern Queensland, with the club's financial position "expected to become stretched to the extreme if the NRL hits Cronulla with a million-dollar fine for bringing the game into disrepute over the ongoing supplements crisis." Under NRL rules, the game’s governing body "has the power to rescind any club’s licence if they deem it has become financially insolvent or in 'extreme circumstances,' such as the black eye the Sharks have caused rugby league due to the club’s controversial supplements program" from '11. NRL CEO Dave Smith denied plans to move any team in the immediate future but conceded "the footprint of the entire competition" would be "reviewed" for the following year. Smith: "We don't have plans to move any team" (DAILY TELEGRAPH, 9/24).
FIT FOR A QUEEN: In Sydney, Stuart Honeysett reported a spokesperson for the consortium pushing for a central Queensland team said that the group "was open to the idea of taking on a relocated club." Central Queensland Business & Community Manager Walson Carlos admitted that relocation "was not the bid team's preferred option but it would be willing to accept it in order to grow the game in the region." Carlos: "Obviously our preferred option is to start our own team with our brand with some input from the people from central Queensland. I guess the reality of the situation is there's too many teams in Sydney and it's only a matter of time before the NRL look at rationalization" (THE AUSTRALIAN, 9/25).
Mexican businessman Amado Yáñez, who owns Liga MX side Querétaro, Mexican baseball club Delfines de Carmen and Mexican second-division sides Neza and Pumas de Morelos, "has expressed interest in buying Spanish second-division side Alcorcón." The "negotiations are already very advanced." Everything "points to Alcorcón belonging to Yáñez in the next few days." Alcorcón said in a statement, "The negotiations began three or four months ago, before last season concluded. We were looking for someone who would buy a majority shareholder package of more than 50% of the team, Yáñez appeared and it seemed good to us." Alcorcón's statement added, "We want to improve, we want to grow and we have to look to the outside for this growth." There "are not yet official figures about the price the team will be sold for" (EFE, 9/24).
Premiership Rugby side Gloucester Chair Ryan Wilkinson announced a financial profit for the third year in succession. Gloucester filed its latest set of accounts this week, revealing a pre-tax profit of £305,336 ($489,000) against a turnover of £11.6M ($18.6M). The financial performance came despite significant investment in the playing side of the business. Gloucester has also embarked on various projects to improve fan experience, including introducing access control ticketing and upgrading various areas of the stadium. The club is also reviewing and rolling out new food and drink options (Gloucester).
Nine-time MotoGP world champion Valentino Rossi's VR46 company has "struck a deal with Sky Italia, which will be the new team's principal sponsor," according to Sam Tremayne of AUTOSPORT. The team will "race KTM machinery and has already agreed to run Romano Fenati, who scored his breakthrough win in the series last year at Jerez." Rossi said that the objective of his new team is to help "promote Italian riders through MotoGP's junior ranks." Rossi: "We have joined forces with Sky in order to give the Italian riders the opportunity to be competitive and reach the highest levels" (AUTOSPORT, 9/24).