Quote of the Day

"The idea is to tax the most important transfers, not the €2 to €3 million ones."
-- French National Assembly Member Michel Zumkeller, on his proposed law to put a 5% tax on football transfer fees. (L'EQUIPE, 10/16)
Tuesday October 17, 2017 Vol. 6 — No. 89 Print This Issue

Top Stories

  • Unintended Result

    Formula 1 introduced rules this year which aimed to "put the brakes on the dominance of a single outfit," according to Christian Sylt for the BBC. They came at a "hefty cost." Research revealed new regulations fueled a £167.6M increase in the F1 teams' costs in '16. They rose 14.5% to a combined £1.3B -- the "highest-ever total recorded in the sport."

  • A Rich Brew

    Heineken sponsorship boosted F1 revenue by $16.8M in '16.

  • A New Listing

    Ashley makes it official: Newcastle United is up for sale.

  • The Big Apple

    Consortium lodged application to put RFL club in N.Y. by '19.

  • Bonus Plan

    Cricket Australia pays out extra $46M to players.

  • Taking A Cut

    French lawmakers want to impose 5% tax on player transfer fees.

  • Off And Running

    Toyota rolls out its first global campaign as IOC TOP sponsor.

  • Decision Time

    Aussie sports minister expected to ask for A$2B for stadium upgrades.

  • On The Hunt

    Shanghai Shenhua reportedly will offer Aussie Postecoglou $3M-a-year deal.

  • Native Tongue

    NBA, SPN to air nearly 100 games with Hindi commentary in '17-18 season.

  • Paying The Bills

    Kiwis counting on World Cup to finance expanded schedule.

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