Featured Story

La Liga Champion Atlético Madrid Cuts Debt By $115M Since Beginning Of The Year

Published in SportsBusiness Daily Global on 09 / 22 / 14

La Liga side Atlético Madrid has been "battling a long-standing debt issue in the midst of their success," according to INSIDE SPANISH FOOTBALL. The club has been running debts of around €200M ($257M) over the last five years, but from Oct.1, "this figure will be settled" to around &euro...

Read More

Tags: Finance, Europe

More Stories

08/14/14
Ernie Els Design To Renovate Lido Resort

Ernie Els Design and IMG Golf Course Services announced they have been selected by MNC Land to work on the renovation of the existing 18-hole golf course at the Lido Resort in Sukabumi, Indonesia. Ernie Els Design will lead the golf course renovation design efforts while IMG will be responsible for ...

Tags: Facilities, Asia

08/13/14
Sony Six Bags CTL Broadcast Rights

Sports and entertainment channel Sony Six "bagged the exclusive broadcasting rights for the newly-floated Champions Tennis League" to be held from Nov. 17-26 across six cities in India, according to the PTI. The Vijay Amritraj conceptualized Indian Premier League-style league "would see Indian as we ...

Tags: Media, India

08/13/14
JOC Tells Athletes Not To Wear Uniforms

The Japanese Olympic Committee told its Youth Olympic Games athletes "not to wear their official tracksuits when out and about in the host city of Nanjing in China due to fears over potential attacks," according to Peter Rutherford of REUTERS. Ties between China and Japan, the world's second- and th ...

Tags: Olympics, Asia

08/12/14
218M Watch Pro-Kabaddi Tournament

The Pro-Kabaddi League "has managed to continue to attract viewers," according to Urvi Malvania of the Indian BUSINESS STANDARD. The first-week reach of the Anand Mahindra and Charu Sharma- promoted tournament is 218 million, second only to the annual Indian Premier League's reach of 420 millio ...

Tags: Media, India

08/11/14
Ten Sports Secures English Football Rights

South Asia sports broadcaster Ten Sports Network "strengthened its football portfolio with the acquisition of two English football properties in the Capital One Cup and the Sky Bet football league" from sports media rights agency MP & Silva, according to INDIAN TELEVISION. Both events "bolster i ...

Tags: Media, India

08/11/14
Jakarta Set To Host 2018 Asian Games

Jakarta "is set to be named as the new host city for the 2018 Asian Games after Vietnam withdrew earlier this year from hosting the multi-sports event," according to Greg Stutchbury of REUTERS. Olympic Council of Asia VP Wei Jizhong met Indonesian government officials in Jakarta this week and said t ...

Tags: Olympics, Asia

08/11/14
IPL Clubs Demand BCCI Compensation

The franchises of the Indian Premier League have asked the Board of Control for Cricket in India to "compensate for the expenses incurred" during the UAE leg of the IPL 7, according to Vijay Tagore of the MUMBAI MIRROR. All the franchises, "including Chennai Super Kings, have written to the BCCI/IPL ...

Tags: Finance, India

08/08/14
Deloitte Named SEA Games Sponsor

The Singapore Southeast Asian Games Organizing Committee has "secured its third top-tier sponsor for next June's SEA Games," with int'l auditing and consultancy firm Deloitte Singapore coming on board, according to Terence Ong of the STRAITS TIMES. The deal is worth S$5M ($4M) in cash and kind, "con ...

Tags: Marketing and Sponsorship, Asia

08/08/14
BCCI To Seek Revamp Of ICC Code

The Board of Control for Cricket in India feels that it is time the Int'l Cricket Council Code of Conduct "undergoes a complete revamp" after England cricketer James Anderson escaped any sort of censure for the "pushgate" incident involving him and Indian cricketer Ravindra Jadeja, according to the ...

Tags: Leagues and Governing Bodies, India

08/07/14
Chinese Teams Donate To Earthquake Victims

Chinese sports organizations "offered help" to the victims of a 6.5-magnitude earthquake that hit Ludian county in Southwest China's Yunnan Province, according to the GLOBAL TIMES. All Chinese FA games this week "will see players, coaches, referees and fans pay a one-­minute silent tribute to the vi ...

Tags: Leagues and Governing Bodies, China

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug