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06/27/16
Tokyo Officials Scrap Rio Olympics Trips

Tokyo officials "scrapped plans to attend the Rio Olympics in a bid to cut spending after a financial scandal cost the city governor his job," according to the AFP. The decision "comes just days after Yoichi Masuzoe resigned for spending public money on lavish hotels and spa trips, the latest embarr ...

Tags: Olympics, Brazil, Japan

06/22/16
Chinese Sports Investments To Increase

Euro 2016 "ignited fund inflows into the sports sector," according to Laura He of the SOUTH CHINA MORNING POST. With Chinese companies on a recent shopping spree for global sports assets, analysts expect to see an "increasing trend of capital rushing into the sector to capture business opportunities ...

Tags: Finance, China

06/22/16
Pitchers Pitch In To Rebuild Ballpark

Japanese Pacific League baseball club SoftBank Hawks pitchers Daisuke Matsuzaka and Tadashi Settsu will donate a combined 13M yen ($124,000) "to help restore Kumamoto's Fujisakidai Stadium," according to KYODO. The "picturesque hilltop ballpark," which from July 10 will be the main venue of the Kuma ...

Tags: Facilities, Japan

06/22/16
Clube De Goa Could Leave I-League

Sporting Clube de Goa "could become the latest Indian football club to withdraw its senior team from the I-League," according to Debayan Sen of ESPN. It has "hinted at a bigger announcement later this week." The reasons reportedly "stem from a proposal set forward in May" by the All India Footb ...

Tags: Franchises, India

06/21/16
China Pro Sports Market To Hit $242B

China's professional sports industry will reportedly reach 1.6T yuan ($242B) in annual revenue by '25, "as a flood of investment chases demand for more homegrown entertainment and answers the government's call to improve the level of Chinese national teams," according to Liu Xiaojing of CAIXIN. The ...

Tags: Finance, China

06/21/16
J.League To Sign $10.5M Broadcast Deal

J.League is reportedly "set to sign a major broadcasting right deal" worth an annual total of 1.1B yen ($10.5M) with various domestic and overseas firms from next season, according to KYODO. The deal, with companies including British sports media company Perform Group Ltd. and Japanese telecom Nippo ...

Tags: Media, Japan

06/17/16
WWE, PPTV Agree To Multi-Year Deal

World Wrestling Entertainment has agreed to a multi-year partnership with Chinese streaming service PPTV. As part of the deal, which was officially announced on Wednesday, PPTV will stream WWE's Raw and SmackDown shows in Mandarin across its digital and mobile platforms. WWE declined to release the ...

Tags: Media, North America, China

06/17/16
Stewart Supports Move Into New Markets

Formula 1’s ongoing move away from its traditional home of Europe and into new markets has an unexpected supporter, triple world champion Jackie Stewart. The Scottish driver, who coined the nickname “The Green Hell” for Germany’s legendary Nordschleife (the old 14-mile track ...

Tags: Events and Attractions, Europe, Asia

06/17/16
Lawrence Yu Wants Formula E Track

The man behind Hong Kong’s first Formula E race has called on the government "to build a permanent street circuit on the old Kai Tak runway as part of the proposed multimillion-dollar sports park at the former airport site," according to Nazvi Careem of the SOUTH CHINA MORNING POST. Hong Kong ...

Tags: Facilities, China

06/17/16
Indian GP Unlikely Until Finances Improve

Indian F1 Grand Prix CEO Sameer Guar said that the shelved event is "unlikely to return to the Buddh International Circuit until the financial health of its debt-ridden promoter Jaypee Group improves," according to the PTI. Gaur, who had earlier said that "taxation issues surrounding the race w ...

Tags: Events and Attractions, India

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