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09/22/16
Prospective Buyers Show False Letter

The Chinese investor group seeking funds to buy Serie A side AC Milan, the club owned by former Italian PM Silvio Berlusconi, "provided a false bank report during its initial deal negotiations," according to BLOOMBERG. Berlusconi's Fininvest "agreed last month to sell the team to a group of little-k ...

Tags: Franchises, Europe, China

09/21/16
Japan To Launch Volleyball 'Super League'

The Japan Volleyball League Organization announced Tuesday its plan to set up a new "Super League" aimed at professionalizing the sport starting in the fall of '18, according to KYODO. The group, which organizes the top-division Premier League and the second-tier Challenge League, said that "it will ...

Tags: Leagues and Governing Bodies, Japan

09/21/16
BCCI Signs Three-Year Deal With JANA

The Board of Control for Cricket in India on Monday announced Janalakshmi Financial Services (JANA) as an official partner "for a period of three years," according to IANS. Janalakshmi will be the official financial services partner of the BCCI "where the brand would enjoy visibility on the field." ...

Tags: Marketing and Sponsorship, India

09/19/16
BCCI Not Backing Down In Standoff

The Board of Control for Cricket in India's annual general meeting, scheduled for Sept. 21, "could mark the beginning of a significant period for Indian cricket administration," according to THE HINDU. Once it was "revealed that the election of the secretary was on the agenda," the Lodha panel ...

Tags: Leagues and Governing Bodies, India

09/19/16
BCCI Announces IPL Rights Tender

The Board of Control for Cricket in India on Sunday "announced a tender process" for allocating Indian Premier League global media rights (TV and digital) in New Delhi for the season starting from '18, according to Anshul Jain of TNN. Sony Pictures Network currently owns the TV rights "since the inc ...

Tags: Media, India

09/16/16
Force India Owner Mallya Defies Doubters

When Indian entrepreneur Vijay Mallya bought a "failing" Formula 1 team in '07, "few paddock insiders took him seriously," according to Brad Spurgeon of the N.Y. TIMES. But now, as Force India "is reaching the end of its ninth season in the series, the skeptics have been persuaded." Force ...

Tags: Franchises, India

09/16/16
FIFA Clears Way For GB Football Teams

FIFA "cleared the way for Great Britain to field Olympic football teams at the Tokyo 2020 Games, but Northern Ireland and Wales are refusing to drop their opposition," according to Martyn Ziegler of the LONDON TIMES. The FA "is keen to send teams, especially a women’s side," and CEO Martin Gle ...

Tags: Olympics, United Kingdom, Japan

09/14/16
Yao Capital Invests In Glory Sports

Yao Capital, a 2B yuan ($299M) private equity firm founded by former NBA player Yao Ming, has led an undisclosed series B financing round in Glory Sports Int'l and "acquired a significant stake in the company," according to Nina Xiang of CHINA MONEY NETWORK. Cable TV and broadband company Liberty Gl ...

Tags: Finance, China

09/14/16
JOC Approves Aichi, Nagoya Joint Bid

The Japanese Olympic Committee on Tuesday "approved Aichi Prefecture and its capital Nagoya as joint candidate hosts for the 2026 Asian Games," according to KYODO. The JOC exec board "met in Tokyo and decided the two local governments will have to submit an official document attesting that they agre ...

Tags: Olympics, Japan

09/13/16
England Captain Eoin Morgan Pulls Out

Eoin Morgan "became the first England captain to pull out of a tour on security grounds" when it was announced on Sunday night that he will not lead the team in Bangladesh "for fear of a terrorist attack," according to Nick Hoult of the London TELEGRAPH. Alex Hales, the opening batsman, "joined ...

Tags: Events and Attractions, United Kingdom, Asia

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