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11/04/16
IOC Says Venue Changes 'Still Possible'

IOC Olympic Games Exec Dir Christophe Dubi said on Thursday that venue switches for volleyball and rowing/canoe sprint "remain a possibility following meetings by a four-party, cost-cutting working group for the 2020 Tokyo Olympics," according to KYODO. A decision on the venues "will be ma ...

Tags: Olympics, Japan

11/03/16
Hull City Takeover Saga Continues

A Hong Kong-listed firm said on Wednesday that a deal for EPL side Hull City was a "non-exclusive" agreement, suggesting there may be "plenty of play left in a long-running takeover saga that has drawn in buyers from China and beyond," according to Donny Kwok of REUTERS. GreaterChina Professional Se ...

Tags: Franchises, China

11/03/16
Everbright Securities Starting PPP

Everbright Securities Co. Ltd. said that its investment unit "would set up China's first sports-focused public-private partnership fund," hoping to capitalize on what is expected to be "rapid growth in the nation's sports market," according to Cai & Jourdan of REUTERS. The fund, to be establishe ...

Tags: Finance, China

11/03/16
'Poor Supervision' Behind Rising Costs

The head of a Tokyo panel tasked with "slashing" 2020 Olympics costs said that "poor supervision and a lack of clear authority" is one reason costs for the Games have "soared to more than four times original estimates," according to Elaine Lies of the REUTERS. Tokyo Governor Yuriko Koike "ordered a ...

Tags: Olympics, Japan

11/02/16
Panel Detailing 2020 Games Costs

The rowing and canoeing venue for the 2020 Olympics should either be moved to a site hundreds of miles away in northern Japan "or downgraded to a temporary facility in Tokyo, a city government cost-cutting panel said Tuesday," according to Mari Yamaguchi of the AP. The recommendation came as of ...

Tags: Olympics, Japan

10/31/16
LeEco Pulls Sponsorship From CSL Side

Chinese technology company LeEco said on Thursday that its sports unit has canceled an investment deal with a major local football club, after the two sides failed to reach an agreement on "core issues," according to Si & Shijia of CHINA DAILY. Le Sports said that it had paid the sponsorship fee ...

Tags: Finance, China

10/27/16
Australian Open, WOWOW Expand Deal

Tennis Australia and Japanese broadcaster WOWOW announced an extension and expansion of their long-term broadcast relationship to '21. Commencing Jan. '17, the new deal is Tennis Australia’s largest broadcast agreement in Japan. Along with coverage of the Australian Open, WOWOW will for the fi ...

Tags: Media, Australia, Japan

10/26/16
BCCI Puts IPL Rights Tender On Hold

The Board of Control for Cricket in India "has decided to indefinitely defer the auction of Indian Premier League media rights scheduled for Tuesday as it has not received the go-ahead from the Justice Lodha committee," according to Gaurav Laghate of the ECONOMIC TIMES. The BCCI said, "In the absenc ...

Tags: Media, India

10/26/16
Olympic Channel Signs Six More IFs

The Olympic Channel announced that it has reached cooperation agreements with six Int'l Sports Federations (IFs) to collaborate on content for the Olympic Channel. The IFs for cycling (UCI), figure skating/speed skating (ISU), luge (FIL) and for new sports in the 2020 Tokyo Olympic Games, baseball/s ...

Tags: Olympics, Japan

10/25/16
Fox, Sony Battling For IPL Rights

Rupert Murdoch’s 21st Century Fox is "squaring up to Sony Pictures in a battle for the media rights to Indian Premier League cricket in an auction that has also attracted interest from several Silicon Valley groups," according to Garrahan & Stacey of the FINANCIAL TIMES. The main broa ...

Tags: Media, India

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