SBD Global/October 1, 2013/Franchises

Print All
  • League Championship Club Doncaster Rovers Rejects Takeover Proposal

    League Championship club Doncaster Rovers "will remain in the hands of its current owners after the club rejected a proposed takeover by Sequentia Capital," according to SKY SPORTS. The Irish-led consortium "expressed an interest in Rovers over the summer and revealed plans to spend" upwards of £20M ($32M) on a five-year plan to get the south Yorkshire club into the Premier League. Talks "had stalled in recent weeks and on Monday morning Doncaster issued a statement on its official website distancing themselves from any takeover." Doncaster's statement "is the latest twist in a summer-long saga regarding the future of the club under current major shareholders John Ryan, Terry Bramall and Dick Watson" (SKY SPORTS, 9/30).

    Print | Tags: Franchises, United Kingdom
  • Franchise Notes: NRL Manly Could Move After Council Doubles Stadium Fee

    National Rugby League grand finalists Manly "could be forced from Brookvale Oval after Warringah Council doubled its fee for use of the ageing venue." The council wants A$710,000 ($663,000) a season, up from A$350,000 a year. The fee increase "comes as the club is poised to add heavyweight backing by announcing Tony Abbott as its No.1 ticket holder" (SYDNEY MORNING HERALD, 10/1). ... NRL Sydney Roosters skipper Anthony Minichiello "has credited his players for overcoming a perceived injustice after several players came under the spotlight for another drugs-related crisis in the NRL" (THE AGE, 9/30). ... McLaren Automotive, the luxury sports car business of the F1 group, "sharply reduced its losses" in '12 and "has set its sights on Asia to boost future growth." Operating losses at the three-year-old business fell to £10.9M last year from £59.1M in '11 and it expects to break even this year (London GUARDIAN, 9/30).

    Print | Tags: Franchises
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug