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Polish Football Side Stomil Olsztyn Lines Up New Investor To Save Club

Published in SportsBusiness Daily Global on 01 / 26 / 15

Polish football club Stomil Olsztyn "is close to bringing on board a new investor with the aim of putting club's finances into order and prevent the club going bankrupt," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. CEO Robert Kildanowicz: "There is an entity which wants to invest in St...

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Tags: Finance, Europe

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01/08/15
HKTA Official Lashes Out At WTA 'Bullying'

The Hong Kong Tennis Association has accused the women's world governing body of "bullying and intimidation" after being fined $10,000 for making "disparaging" remarks about Eugenie Bouchard for her last-minute withdrawal from the inaugural Prudential Hong Kong Tennis Open last September, according ...

Tags: Leagues and Governing Bodies, China

01/07/15
Olympics Organizers Oppose Co-Hosting

The organizing committee for the 2018 Winter Olympics in the South Korean resort town of PyeongChang said on Tuesday that "it is opposed to co-hosting the quadrennial competition with North Korea, rejecting a view expressed earlier by the governor of the host city's home province," according to Yoo ...

Tags: Olympics, Asia

01/07/15
N. Korea Shrouded In Secrecy

The "most secretive nation" at this year's Asian Cup "will remain as such for at least another three days, with North Korea refusing to speak to media upon their arrival in Sydney and ruling out any interaction outside of official and mandated media conferences," according to Dominic Bossi of the SY ...

Tags: Events and Attractions, Asia

01/06/15
Athletes' Village To Be Hydrogen-Powered

The athletes village for the 2020 Olympics in Tokyo will be a futuristic "hydrogen town" where electricity and hot water are generated from the abundant element, a local newspaper reported Monday. Planners at the Tokyo metropolitan government want to use the opportunity of hosting the summer spo ...

Tags: Olympics, Japan

01/06/15
PyeongChang 2018 Eyes New Sponsorship

Organizers of the 2018 PyeongChang Winter Olympics said Monday that "they expect a series of new sponsorship deals after a South Korean state audit revealed a huge shortfall in forecast revenue and snowballing borrowing," according to Lim Chang-Won of the AFP. Concern at the financial success of the ...

Tags: Olympics, Asia

01/05/15
Kohli Reaches 5M Twitter Followers

Indian cricket captain Virat Kohli, who will lead the team in the fourth and final Test against Australia in Sydney starting Jan. 6, "became the first cricketer to cross the 5-million mark on Twitter with 5,004,544 followers," according to the TIMES OF INDIA. Kohli is "on top of the most followed cr ...

Tags: Media, India

12/31/14
ISL Watched By 429 Million Viewers

An aggregate of 429 million viewers watched the inaugural Indian Super League football tournament live on their TV screens, "making it the second most-watched sport in the country after cricket," according to the PTI. The league "cut across demographic boundaries and captured the imagination of a di ...

Tags: Media, India

12/31/14
National Stadium Demolition Having Trouble

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Tags: Facilities, Japan

12/31/14
Malaysian Salaries Driving Foreign Coaches Away

Malaysia is "no longer an attractive place for foreign coaches to ply their trade," according to Lim Teik Huat of THE STAR. Malaysia national diving head coach Yang Zhuliang has "lost five of his back-up coaches" -- all from China -- over the last two months. Zhuliang said the five coaches “le ...

Tags: Leagues and Governing Bodies, Asia

12/31/14
HK Olympic Sailors To Benefit From Funding

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Tags: Leagues and Governing Bodies, Asia

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