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06/07/16
Suning Buys Inter Milan For $307M

Chinese retail firm Suning "confirmed the purchase" of Italian football club Inter Milan on Monday, "in the latest -- and biggest -- move by mainland business" into European football, according to James Porteous of the SOUTH CHINA MORNING POST. Suning bought a stake of almost 70% in the club, for &e ...

Tags: Finance, Europe, China

06/07/16
IPL Sees Digital Growth Spurt

The Indian Premier League "continued to attract viewers, especially on the digital platform," with Star India's video streaming platform Hotstar registering a reach figure of 100 million across web and mobile, according to Urvi Malvania of the Indian BUSINESS STANDARD. According to data provided by ...

Tags: Media, India

06/06/16
HK Racing To Continue On Racing.com

After "significant peace" talks during Friday and Saturday, Hong Kong racing "will continue to be shown via the Racing.com platform in Australia until the end of the current season, but under unspecified revised terms," according to Alan Aitken of the SOUTH CHINA MORNING POST. Saturday's decision to ...

Tags: Media, China

06/06/16
Suning Eyes Football Empire

Chinese retail giant Suning Commerce Group Co. Ltd., set to tie up a deal for Inter Milan, "is already eyeing bigger ambitions: controlling a global sports empire" stretching from football clubs to online broadcasting," according to Adam Jourdan of REUTERS. Suning and Inter Milan "are due to make an ...

Tags: Finance, China

06/03/16
America's Cup Will Head To Asia

Organizers said that Fukuoka "will host yachting’s America’s Cup World Series on Nov. 18-20," according to the JAPAN TIMES. It "will be the first time that the world’s oldest sporting trophy, dating back 165 years, will take place in Asia." America's Cup CEO Russell Coutts: "This i ...

Tags: Events and Attractions, Japan

06/02/16
China's Suning Leads Race For Agency

A person with knowledge of the talks said that China's Suning Commerce Group is leading the race to buy U.K.-based Stellar Group, one of the world's leading football agencies, "even as the retail giant is set to also invest in Italian club Inter Milan," according to Adam Jourdan of REUTERS. At least ...

Tags: Finance, China, United Kingdom

06/02/16
Star India To Broadcast French Open

India's leading broadcaster Star India "announced that it has bagged exclusive broadcasting rights for the next five editions of the French Open tennis tournament from 2017 to 2021," according to IANS. Under this contract, which includes media and digital rights, Star India "will become Roland-Garro ...

Tags: Media, India

06/01/16
Rastar To Increase Stake In La Liga Club

Chinese model car company Rastar Group is set "to increase its stake" in La Liga club RCD Espanyol from 54% to 90%, according to GBTIMES. The company's billionaire President Chen Yansheng "is reportedly planning to pump a further" €39M ($43M) into the club based in the outskirts of Barcelona, a ...

Tags: Finance, Europe, China

06/01/16
CPL, Hero Sign Three-Year Extension

The Caribbean Premier League has renewed its title sponsorship deal with motorcycle and scooter manufacturer Hero MotoCorp. The India-based company, which calls itself the world's largest producer of two-wheeled vehicles, signed on as the cricket c ...

Tags: Marketing and Sponsorship, North America, India

05/31/16
Chinese Closer To Stake In AC Milan

A group of Chinese investors have reportedly agreed to take an initial stake of 70% of Serie A side AC Milan, with "discussions continuing" on the sale of the remaining 30%, according to Wang Mingjie of CHINA DAILY. Milan Owner Silvio Berlusconi will "remain president for the next two or t ...

Tags: Franchises, China

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