SBD Global/July 9, 2014/People and Pop Culture

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  • Real Madrid Opens Up Bernabéu's Presidential Box To Visitors Honoring Alfredo Di Stefano

    Real Madrid opened the presidential box at its Santiago Bernabéu stadium to fans wishing to "say their last goodbyes" to ALFREDO DI STEFANO at 10:30am Tuesday morning, according to MARCA. Di Stefano died at age 88 on Monday. The footballing world "took no time at all to offer their condolences upon the death of this inimitable player." There have been "countless reactions from the four corners of the globe" (MARCA, 7/8). MARCA reported in a separate piece that Real's presidential box was scheduled to remain open to visitors until 9pm Tuesday and will be open from 9am until 3pm on Wednesday. Hundreds of fans "formed a line outside the stadium Tuesday morning waiting to say goodbye." It was "estimated that 10,000 people have already visited the stadium." Real Madrid players including IKER CASILLAS and SERGIO RAMOS "stopped their vacations to visit the Bernabéu" (MARCA, 7/8).

    Print | Tags: People and Pop Culture, Europe
  • WME-IMG CFO Peter Klein Leaves Company After Only Six Months For Personal Reasons

    WME-IMG CFO PETER KLEIN has left the company just six months after he joined it. The former Microsoft CFO is leaving for personal reasons. He will serve in an advisory position and assist WME-IMG co-CEOs ARI EMANUEL and PATRICK WHITESELL in filling his vacated position. Klein last year advised WME on its $2.4B acquisition of IMG and joined the company as CFO in the days after the deal was announced. He had close ties to WME-IMG investor Silver Lake Partners, the private equity group that has a 50% stake in the combined company. With Klein, WME outlined an aggressive cost-cutting plan for IMG that called for eliminating $151M in costs in the first 18 months of ownership. The first $14M in cuts were scheduled to be made in the first six months of ownership. The deal closed in early May.

    Print | Tags: People and Pop Culture, North America
  • Executive Transactions

    EPL side Aston Villa has announced that CEO PAUL FAULKNER "will step down." Prior to joining Villa, Faulkner "had worked closely" with Aston Villa Chair RANDY LERNER "in a variety of capacities within his organisation." Faulkner "has parted on good terms." He "has offered his support to the Villa organisation to ensure a smooth transition." CFO ROBIN RUSSELL, "who was recruited by the Chairman in 2006 to come in as Chief Financial Officer," will "step in as acting Chief Executive to maintain continuity" (BIRMINGHAM MAIL, 7/8). The PA reported Aston Villa's "summer of upheaval continued." Owner RANDY LERNER "put Villa up for sale" at the end of last season. Several weeks ago, the club sacked assistant manager IAN CULVERHOUSE and Head of Football Operations GARY KARSA "following an internal investigation into off-field issues." The loss of Faulkner "serves as another blow to the club" (PA, 7/8).

    MORE EXECS: Arabian Gulf League side Ajman has appointed FATHI AL JABAL as its new coach. Al Jabal replaces ABDULWAHAB ABDULQADIR at the club. Al Jabal, 51, "has been working with the Saudi club Al Fateh since 2008" (THE NATIONAL, 7/8). ... The Royal & Ancient appointed Argentina Golf Association Exec Dir MARK LAWRIE as director of Latin America. Lawrie will help stage the Latin America Amateur Championship, a joint initiative between the R&A, the Masters and the USGA. Lawrie will also oversee the development of the R&A in Latin America (R&A). ... Business advisor TONY MCGRATH "has been appointed to the Australian Rugby League Commission." He replaces PETER GREGG, "who retired in February this year." McGrath "is a former partner at KPMG and co-founder of respected restructuring and advisory firm McGrathNicol." He is "also on the boards of QBE Insurance (Australia) Limited, the National Foundation for Medical Research and Innovation, as well as Special Olympics Australia" (AAP, 7/8). ... Twitter promoted VP/Int’l Market Development KATIE JACOBS STANTON to VP/Global Media. She will assume the duties handled by former Twitter VP/Media CHLOE SLADDEN, who departed in June. Stanton “steps into a highly visible role,” becoming the “lead liaison to a range of industries including TV, sports and music” (VARIETY, 7/8).

    IN SPAIN: La Liga side Deportivo La Coruña confirmed that coach FERNANDO VAZQUEZ "has been sacked despite guiding the club to promotion." After "criticising the board for their slowness in the transfer market this summer, the Riazor outfit have revealed that they have dispensed of Vazquez’s services" (FOOTBALL ESPANA, 7/8). ... Spanish second division side Las Palmas officially introduced PACO HERRERA as its new coach. Las Palmas President MIGUEL ÁNGEL RAMÍREZ, Sporting Dir General TONI CRUZ and Sporting Dir NICO RODRÍGUEZ attended Herrera's introduction as coach (Las Palmas).

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

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  • Names In The News

    Euroleague Basketball announced that EA7 Emporio Armani Milan President LIVIO PROLI is its CEO of the year for the '13-14 season. The award was voted on by his peers. EA7 Milan was awarded a Euroleague A-license and twice represented Euroleague Basketball by hosting exhibitions in the NBA Global Games (Euroleague). ... The NBA Sacramento Kings have signed SIM BHULLAR to a summer league contract, making him the first player of Indian-origin to play in the NBA (IANS, 7/8). ... CORINNA, wife of former F1 driver MICHAEL SCHUMACHER, said that her husband's health "is making slow but good progress." It was her "first public appearance" since Schumahcer's skiing accident last December (IANS, 7/8). ... Spanish Basketball League (ACB) side Sevilla coach AÍTO GARCÍA RENESES announced in a statement that he is leaving the club. García Reneses coached the team for the last two seasons (EFE, 7/8). ... GP2 driver NATHANAËL BERTHON has been confirmed as one of the drivers in Caterham F1 Team's new driver development program. Berthon already has F1 experience, having driven in the '11 young driver test at Abu Dhabi for HRT. Since '12 he has been competing in GP2, winning the GP2 sprint race in Hungary in '13 when he was with Trident Racing, and currently competing in the '14 season with Venezuela GP Lazarus (Caterham F1).

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  • Twitter Me This...

    Footballer RIO FERDINAND: "No more please..I can't take this no more...it's hurting..feel for the Brazilian fans here....wow. Will these players ever recover from this"

    Bloomberg's TARIQ PANJA: "United's new shirt contract will bring in more money than 17 of 20 Premier League clubs make in gate receipts for an entire season."

    NPR News' LULU GARCIA-NAVARRO: "By the way folks, this is going to turn political really fast. People here are already blaming the government #bra vs #GER"

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

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  • The Starting Five

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