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Fude Holdings Invests In Yanbian FC

Yanbian Changbaishan FC, a team from the Jia League, China's second tier, has "signed a four-year sponsorship deal with life insurance company Fude Holdings" worth CNY80M ($12.9M), according to SOCCEREX. Fude will invest CNY20M ($3.2M) a year into the Yanji-based club, contributing to the establishm ...

Tags: Marketing and Sponsorship, China

Baku Gears Up For F1 Debut In '16

Azerbaijan's capital Baku is set to host an F1 race next year, the country's "highest-profile sporting event," according to Tom Hayward of REUTERS. The inaugural European Games has "established Baku on the sporting map but the Azeri capital is already gearing up for a far bigger spectacle" next ...

Tags: Events and Attractions, Asia

Star India To Broadcast Kabaddi

Pro Kabaddi League season two "has just got bigger," according to INDIAN TELEVISION. Star India, the official broadcaster of the league, "will telecast the sport in five languages across eight channels." The language feed "is in sync with Star’s effort to nurture and grow the sport, which witn ...

Tags: Media, India

Hui Regains Command Of Evergrande Taobao

Evergrande Real Estate Group Ltd. Chair Hui Ka-yan has "taken control" of Chinese Super League side Guangzhou Evergrande Taobao after pumping 400M yuan ($64.42M) cash into the club, according to the HONG KONG ECONOMIC JOURNAL. Hui "boosted" his stake to 60%, leaving joint-venture partner A ...

Tags: Franchises, China

Endo Named Japan Olympics Minister

Japan "appointed its first Olympics minister on Thursday, naming a veteran politician to a cabinet post created just last month to guide the country through preparations for the 2020 Summer Games -- and a host of thorny issues," according to Lies & Takenaka of REUTERS. Though Tokyo won the Ga ...

Tags: Olympics, Japan

HKFA To Receive $13M Jockey Club Boost

The Hong Kong Jockey Club is set to inject HK$100M ($12.9M) as part of the FA's new five-year plan, but professional clubs "won't get a slice of the pie," according to Chan Kin-wa of the SOUTH CHINA MORNING POST. Local football is about to "receive a hefty cash injection to help implement" the ...

Tags: Finance, China

Chinese Women's Team Receives Bonus

China will "reward its women's football team with the 'highest ever' bonus" after qualifying for the quarterfinals of the World Cup in Canada, according to Nimfa May Idea of YIBADA. Chinese FA VP Yu Hongchen said that the players will "receive a whopping" 1M yuan ($160,000). The move was "created to ...

Tags: International Football, China

Japan To Keep Stadium Design

Japan has decided to push ahead with the construction of a "controversial and costly main showpiece venue" for the 2020 Olympics, despite "stringent criticism" from architects, according to the AFP. The sports ministry has reached a deal with two construction firms to build the new national sta ...

Tags: Facilities, Japan

MSM To Acquire Serie A Telecast Rights

Serie A, which was jointly aired by Star India's Star Sports and Zee Entertainment Enterprises' Ten Sports so far, is all "set to change airwaves in India," according to INDIAN TELEVISION. Sources close to the development said that the asset is "no longer associated with Star Sports and Ten Spo ...

Tags: Media, India

BeIN In Advanced Talks With Digiturk

Two sources said that Qatar-owned broadcaster beIN Sports "is in advanced talks to buy Turkey’s biggest pay-TV platform Digiturk," according to Ersoy & Nair of BLOOMBERG. Sources said that a deal with beIN Sports "may be signed within weeks." They added that the Qatari group "may pay as ...

Tags: Media, Asia, Europe

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