Quote of the Day

"If Botafogo was a corporate firm it would be bust."
-- Business strategist Amir Somoggi, on the Brasileiro club's financial issues that forced Brazilian authorities to freeze its accounts. (BLOOMBERG, 8/6)
Friday August 8, 2014 Vol. 3 — No. 32 Print This Issue

Top Stories

  • Slippery Slope

    Hainer says part of underperformance is due to executional mistakes.

    Adidas shareholders saw a 16% "slide in net profits in the second quarter of the year as the group repeated its warning that currency effects, conditions in Russia and poor golf sales were taking their toll," according to Alice Ross of the FINANCIAL TIMES. Adidas CEO Herbert Hainer said, "Missing our goals is something we take very seriously as a management team and we definitely reflect critically on. We clearly recognize that part of this underperformance is due to our executional mistakes."

  • Cutting The Tap

    Brazilian officials freeze Botafogo accounts over $300M-plus debt.

  • Taking A Toll

    Scottish Rangers forced into share issue because of lagging ticket sales.

  • In The Bag

    German Football Federation wins first court battle over jersey logo.

  • On Hold

    F1 driver's cycling team has to wait for license before signing riders.

  • Reversing Course

    Trump reveals $8M plan for new clubhouse at Aberdeenshire course.

  • Get Me Rewrite

    After losing appeal, BCCI wants to change ICC conduct rules.

  • Free Falling

    Spanish Football League relegates Real Murcia because of finances.

  • Out Of Danger

    Int'l Tennis Federation tells Israel to find new site for Davis Cup match.

  • Hangin' With ...

    Connor Sports VP of Int'l Sales Andrew Gettig shares his hoop dreams.

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