SBD Global/November 1, 2013/People and Pop Culture

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  • Birmingham City Owner Carson Yeung Denies Money Laundering At Hong Kong Trial

    League Championship Birmingham City Owner CARSEN YEUNG said that "he amassed his wealth through stock-trading and gambling but denied dealing with triads," as he testified in his $93M money-laundering trial in Hong Kong, according to the AFP. The "high-profile yet oft-delayed case has put Yeung's wealth under an intense spotlight, as he faced questions about his spectacular rise from hairdresser to owner of an English football club." The court heard Thursday that Yeung had invested HK$40M ($5M) in a local film company for the movie "Killzone" in '05 "with winnings from gambling in nearby Macau." Yeung said, "It was the accumulation from several winnings." Throughout his testimony, starting Oct. 15, Yeung and the prosecution "have painted differing pictures of how his wealth was amassed," with prosecutors claiming around HK$720M ($93M) had passed through his bank accounts. Yeung has said that "he accumulated hundreds of millions of dollars through stock trading, hairdressing, business ventures in mainland China and gambling." But prosecutor JOHN READING said Yeung had "grossly exaggerated" his earnings and constantly grilled him on his relationship and dealings with CHEUNG CHI-TAI, an alleged triad boss. Reading asked, "Did you know that Cheung Chi-tai was believed by police to be a member of a triad society?" Yeung replied, "I didn't know" (AFP, 10/31).

    Print | Tags: People and Pop Culture, China, Europe
  • Executive Transactions

    Association of European Professional Football Leagues founding father and CEO EMANUEL MACEDO DE MEDEIROS has "announced his decision to leave his position" at the end of March. The Portuguese lawyer has served as CEO of the EPFL, which acts as the umbrella body of 30 leagues and almost a thousand clubs across Europe, since June '05. He has acted to promote the EPFL’s interests with FIFA, UEFA and other sports bodies or political institutions, such as the European Commission, European Parliament, Council of Europe and national governments and parliaments (SOCCEREX, 10/31). ... The World Taekwondo Federation has appointed Peru IOC member IVAN DIBOS as VP. The WTF also appointed two honorary VPs, one VP and eight council members. The two honorary VPs are DAE-SOON LEE of Korea and PHIL COLES of Australia (WTF). ... Major League Soccer has announced the appointment of FA Head of Team and Corporate Security RAY WHITWORTH, one of the sports industry's "most accomplished security experts," as VP, operations and security. Whitworth, who has more than 30 years’ experience in law enforcement, comes to MLS after his most recent role as FA Head of Team & Corporate Security (TRIBAL FOOTBALL, 10/31). ... BARRY WEBBER, who has been commercial director at EPL West Ham since May '10, will officially join League One club Stevenage on Jan. 2 as CEO. Webber will become one of the youngest CEOs in the Football League (Stevenage).

    Do you have an executive announcement? If so, please send to: global@sportsbusinessdaily.com.

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  • Names In The News

    The producers of a film "portraying the intense rivalry" between London Olympic Organizing Committee Chair SEBASTIAN COE and former middle distance runner STEVE OVETT in the run-up to the 1980 Moscow Olympics have signed up "Harry Potter" star DANIEL RADCLIFFE to portray London's future Olympic chief. The film, to be called "Gold," was first announced in Feb. '10, but plans "failed to get it made" and released before the 2012 London Olympics. It appears to have "a new lease on life." It is "not yet clear" who will play Ovett (LONDON TIMES, 10/31). ... Peru football coach SERGIO MARKARIAN "has turned down an offer" to stay on after the team "failed to qualify for next year's World Cup in Brazil." Markarian: "We recognize that things didn't work out, we are responsible for that and we are more disappointed than anyone else" (REUTERS, 10/31). ... Indian swimmer ARJUN MURALIDHARAN "has been handed a two-year ban" by India's National Anti-Doping Disciplinary Panel after testing positive for stimulant Methylhexaneamine during the All India Police Aquatics Championships in March (PTI, 10/30). ... A former Brazilian footballer "was killed and his decapitated head delivered to his widow by suspected drug traffickers in Rio de Janeiro on Monday night." JOAO RODRIGO SILVA SANTO, 35, who played for Bangu, Olimpia, Nacional and Swedish club Oster during his career, "was kidnapped after leaving the local food store he owned in the district of Realengo" (ESPN, 10/30). ... Argentine footballer ROLANDO SCHIAVI has retired at the age of 40. Schiavi, who played for Argentine first division side Boca Juniors from '01-05, ended his career playing for Chinese Super League side Shanghai Shenhua (CLARIN, 10/30). ... The Brazilian Football Confederation (CBF) will raise a petition to the Brazilian government to remove DIEGO COSTA's Brazilian citizenship. The Brazilian-born Costa recently decided to play for Spain at the 2014 World Cup. CBF President JOSÉ MARÍA MARIN confirmed that he is authorizing a petition to Brazil's Justice Minister to "declare that Costa has lost his Brazilian citizenship" (DPA, 10/30).

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  • Twitter Me This...

    London Times' KEVIN EASON: "Hmmmm, appears we have lost Kimi. Anyone seen him? At an airport? On plane? in a bar?"

    Sydney Morning Herald's DOMINIC BOSSI: "I was looking through my cupboard and counted 19 football jerseys. Is this normal?" ... "The worrying thing about that is that I know there are more in the wash, others at my family's place and more that I want to buy. #cray"

    Footballer ROLANDO SCHIAVI: "Finalll, llego el fin de mi carrera, contento, feliz, agradecido por todo el cariño recibido, ahora a disfrutar desde otro lado , gracias" ("Finally, the end of my career arrives, content, happy and thankful for all the love I have received, now to enjoy it from the other side, thanks")

    If you see a tweet we will not want to miss, send it to us at global@sportsbusinessdaily.com.

    Print | Tags: People and Pop Culture
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