Executive Transactions Names In The News FFA Records $6.2M Profit For '13-14 La Liga Valencia Discards New Bat Logo Qatar Reveals Third WC Stadium Design Qatar Looks To Enter F1 Circuit Healthpoint Partners With Man City Sony Reportedly Will Not Renew FIFA Deal Portsmouth To Host America's Cup Races BBC To Show All FIFA Women's WC Games
SBD Global/June 20, 2014/FranchisesPrint All
League One side Doncaster Rovers "now have a celebrity owner" after a takeover by former Chair John Ryan and One Direction singer Louis Tomlinson, according to the PA. A spokesperson for Ryan said that the deal "had been completed." The 21-year-old Tomlinson "is a lifelong fan of his hometown club" and had been "close to a takeover before," but a move was twice delayed "because of negotiations over his image rights." Ryan "will be the lesser known of the two men but will doubtless be the more hands-on." His spokesperson said, “It’s done, the takeover is complete.” The "earlier snag" came about because Tomlinson’s image rights "are owned by his management team and would entitle them to a share of any money generated by the club through merchandise and extra ticket sales from the use of his image or name" (PA, 6/19).
Former cricket player Sunil Gavaskar "was revealed on Wednesday night as a team owner in tennis’s answer to the Indian Premier League, as entrepreneur and doubles specialist Mahesh Bhupathi held a cocktail party for investors a mile from the gates of the All England Club," according to Simon Briggs of the London TELEGRAPH. Gavaskar "is one of four men sharing ownership of the Singapore franchise in the International Premier Tennis League, which Bhupathi plans to launch in December." Gavaskar said, “I am a big tennis lover and I have followed the careers of Mahesh and his old doubles partner Leander Paes for years" (TELEGRAPH, 6/18). In Mumbai, Prajwal Hegde wrote Gavaskar, along with Intex Group Chair Kishan Gehlot from East Africa, Avvashya group Chair Shashi Shetty and Dubai's Channel 2 Chair Ajay Sethi "jointly own the Singapore franchise which will include a star cast of Tomas Berdych, Andre Agassi, Lleyton Hewitt, Serena Williams, Bruno Soares, Patrick Rafter, Daniela Hantuchova and Nick Krygios." Micromax Promoter & co-Founder Rahul Sharma and Micromax CMO Shubhodip Pal "were present at the London event" (TIMES OF INDIA, 6/19).
La Liga side Valencia has "more than 2,500 fans registered on a wait list for season tickets for the '14-15 season." The excitement created by the club's new owner, Peter Lim, "and the names of possible player signings have fans believing in the club's new project." If "everything continues at this rate, Valencia could exceed 40,000 season-ticket holders after having less than 34,000 during the '12-13 season and 33,000 the prior year." In the first phase of season ticket sales, which lasted a week, the club sold 10,043 (SUPERDEPORTE, 6/18). ... Former Inter Milan board member Tommaso Giulini "has completed his takeover of Cagliari and is expected to face the media" on Friday, when he may confirm Zdenek Zeman as coach. The transfer of those shares to Giulini’s company Fluorsid Ltd. has reportedly been completed, for a deal worth around €45M ($61M) (FOOTBALL ITALIA, 6/19). ... Serie A side Sampdoria has hinted that it anticipates "an extension of Manolo Gabbiadini’s co-ownership deal with Juventus." Clubs have until 7pm Italian time on Friday evening "to resolve current co-ownership deals." While the Italian Football Federation "is ending such deals from this summer, clubs are allowed to extend existing deals by a further year." Sporting Dir Carlo Osti said, "On Gabbiadini we are moving slowly towards the renewal of the co-ownership" (FOOTBALL ITALIA, 6/19).