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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

09/13/16
SBS, KBS Escape Disciplinary Action

A lawmaker in South Korea said that a media watchdog "recently ruled that rampant sexual remarks made by some commentators during broadcasts of the Rio Olympics events this summer were unproblematic, raising the issue of lax monitoring of discrimination," according to the KOREA HERALD. Accordin ...

Tags: Brazil, Asia, Olympics

09/12/16
Cricket Formats Raise TV Rights Pitch

The world of cricket ­is "struggling between three formats and their historical and financial relevance ­could find itself divided by revenue lines very soon," according to K. Shriniwas Rao of CRICBUZZ. Unperturbed by "threats of a recession in the cricket's TV rights industry," the BCCI "is sitting ...

Tags: Leagues and Governing Bodies, India

09/09/16
Growing China Interest In European Clubs

For an idea of the potential investment in China that might yet pour into European football, and in particular the English game, "one need only consult the unofficial rich list of Chinese society to learn that the country now has 596 dollar billionaires," more even than the U.S., according to Sam Wa ...

Tags: Finance, China, Europe

09/09/16
BCCI Gears Up To Tender IPL Rights

Sources said that the Board of Control for Cricket in India has given the Indian Premier League's existing rights holder Sony Pictures Network India "a 10-day window to arrive at an understanding that a broadcast rights deal of such high value can't be held inside a closed room and needs to undergo ...

Tags: Media, India

09/02/16
JOC Clears Bid Leaders Of Illegal Activity

Officials who led Tokyo’s successful bid to host the 2020 Olympics "have been cleared of any illegal activity by a Japanese investigation," following revelations that the city had paid more than $2M to a company linked to the son of the disgraced former IAAF President Lamine Diack, according t ...

Tags: Olympics, Japan

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