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I-League Clubs Mohan Bagan, East Bengal In Peril After Losing Sponsorship Funds06 / 18 / 13I-League clubs Mohun Bagan and East Bengal "are up against financial problems," according to Aabhas Sharma of the Indian BUSINESS STANDARD. Both were being sponsored by Indian business magnate Vijay Mallya's UB Group "for the last 15 years." With Mallya's business interests taking a severe hit ... |
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CBA Considering Salary Cap
After last year's influx of highly-paid foreign players in the Chinese Basketball Association, the league "might get a similar salary cap" to that of the NBA's, according to Sun Xiaochen of the CHINA DAILY. Beijing Ducks GM Yuan Chao said, "If we can have a salary restriction in the new season, it w ...
Indian Fraud Office Investigating Reebok
The Serious Fraud Investigation Office (SFIO) has "started a probe into alleged irregularities" at sportswear manufacturer Reebok, according to the PTI. Minister of State for Corporate Affairs R.P.N. Singh said that the Ministry has "initiated an investigation" into alleged irregularities at Reebok ...
Tags: Leagues and Governing Bodies, India, Reebok
Infront Extends Deal With China Basketball
The Chinese Basketball Association has extended its partnership with Infront Sports & Media as its exclusive commercial partner for a further five years. The new agreement is an extension of the previous seven-year contract, which was originally granted in '05. The partnership covers all commerc ...
Tags: Marketing and Sponsorship, China
Golf Expansion in India, Kenya
Gary Player Design continued its expansion in India with the signing of the Glade One Golf Course in Ahmedabad, India. Indian real estate development company bSafal selected the Player Design brand for the project. The company will be developing the project on the outskirts of Ahmedabad, the fifth ...
Tags: Facilities, India, Africa
Japan Agrees To The WBC
Japanese players have agreed to take part in the 2013 World Baseball Classic, "backing off a threat to boycott the event because of a dispute" over how tournament money is shared, according to the AP. The players' union had demanded that two-time defending champion Japan "control all the sponsorship ...
Japanese To Appeal Against the IOC
The Japanese Olympic Committee will appeal to the Court of Arbitration for Sport against the IOC's decision to void hammer thrower Koji Murofushi's election to the IOC Athletes' Commission, according to KYODO. The JOC "believes there has been a misinterpretation of the rules," and although it plans ...
India To Launch New Wrestling League
India's wrestling federation Friday announced its plan to launch the Indian Wrestling League early next year, according to THE HINDU. The new league has been jointly created by the Wrestling Federation of India and Leisure Sports Management. The IWL is based on the format of the successful Indian Pr ...
Indian Football Draws Cameroon Players
Several footballers from a second-string Cameroon side "want to play in India's lucrative I-League, given the falling standards back home," according to the IANS. The Cameroon league is semi-professional, and the players who are paid the most receive only about $1,000 a month. Cameroon Coach Emmanue ...
Tags: International Football, India
China Offical Questions Li's Toughness
A top Chinese tennis official has questioned LI NA 's mental toughness following her early exit from the U.S. Open last week, blaming a "lack of education," according to Alastair Himmer of REUTERS. Chinese Tennis Association Secretary SUN JINFANG said, "We've seen lots of meltdowns (from) Li in r ...
Tags: People and Pop Culture, China
Marketplace Roundup
Official rights holder of the MotoGP World Championship Dorna Sports announced Maybank, "Malaysia's largest financial services group," as its commercial banking partner for this year’s Malaysian Grand Prix on Oct. 21. Maybank will be visible through extensive trackside advertising and will ben ...
Tags: Marketing and Sponsorship, Asia
