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07/11/16
Wanda Playing Down CL Report

Chinese-owned Wanda Sports Holding "played down a report on Friday that it was backing plans" to launch a club football tournament to rival the European Champions League, according to Clare Jim of REUTERS. A report in the Financial Times said that the group was "seeking support in England, Spain, ...

Tags: Events and Attractions, China

07/11/16
Investors To Take 70% Stake In Sintrense

A group of Chinese investors have "agreed to buy a 70% stake in Sport Uniao Sintrense, a Portuguese club located in the town of Sintra, in the Lisbon district," according to Chen Yaping of YUTANG SPORTS. The investment group is led by Portugal-based company Iberia Universal Lda President Zhan L ...

Tags: Finance, China

07/08/16
Bollywood Actor Could Purchase ISL Club

Bollywood actor Shah Rukh Khan is "understood to be in talks" with the Indian Super League to buy a Kolkata-based franchise, according to Rao & Mergulhao of the TIMES OF INDIA. Khan is co-owner of Indian Premier League franchise Kolkata Knight Riders and "could seize the opportunity when th ...

Tags: Franchises, India

07/08/16
Seca Backing New Formula E Team

China's "hand in the fledgling Formula E circuit" was strengthened with mainland-based sports marketing and management firm Seca throwing its "weight behind a team" for the '16-17 season, according to Mathew Scott of the SOUTH CHINA MORNING POST. Seca Founder & CEO Sheng Li said, "We think it's ...

Tags: Marketing and Sponsorship, China

07/07/16
La Liga Bets Big On India

La Liga "is bullish on India," according to Gaurav Laghate of the ECONOMIC TIMES. La Liga President Javier Tebas said that the league "is planning significant investments in the country" toward opening offices, getting ambassadors to play exhibition matches and growing the game at grassroots level t ...

Tags: International Football, India

07/06/16
PCB Seeks Lion's Share Of Profit

Pakistan Cricket Board Chair Shaharyar Khan suggested that the country "should get a higher percentage of profits from games against arch-rivals India" at Int'l Cricket Council events, according to IANS. Khan believes that "this is one of the ways to raise funds after the terror-ravaged country was ...

Tags: Leagues and Governing Bodies, India

07/06/16
Dalian Wanda H1 Revenue Jumps

China's Dalian Wanda Group said on Tuesday that first-half revenue "climbed a better-than-expected 10.6 percent, helped by its aggressive expansion into entertainment and leisure businesses as it diversifies away from property," according to Clare Jim of REUTERS. Owned by China's richest man Wang Ji ...

Tags: Finance, China

07/06/16
BCCI Wants Its Own Stadium

The Board of Control for Cricket in India "plans to buy land and build a cricket stadium, which will be owned and administered by them, and does not belong to any state association," according to Devendra Pandey of the INDIAN EXPRESS. It will "most likely be in Delhi," and be built in five year ...

Tags: Facilities, India

07/05/16
Publicis Groupe Partners With Tencent

Publicis Groupe has signed a global partnership with Chinese Internet "behemoth" and WeChat Owner Tencent, according to Rebecca Stewart of THE DRUM. The holding group's deal with Tencent "will give it access to a large amount of behavioural data" with the aim of providing Publicis clients with "impr ...

Tags: Marketing and Sponsorship, China

07/05/16
Khan Helps Launch MMA League In India

Amir Khan The world's first MMA league "has been launched in India," with British boxer Amir Khan "giving superstar backing to the initiative," according to Sam Morshead of the London DAILY MAIL. Eight franchise te ...

Tags: Leagues and Governing Bodies, India

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