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Letv Sports Website Valued At $450M

A source said that Leshi Internet Information & Technology Corp.’s sports affiliate "completed a round of funding that valued the video-streaming business" at about $450M, according to Lulu Yilun Chen of BLOOMBERG. Letv Sports Culture Develop (Beijing) Co. raised more than $100M to fund ...

Tags: Media, China

Illegal Betting Taking Toll On China, India

Int'l Centre for Sports Security Exec Dir Chris Eaton said that betting fraud and match-fixing are "part of the reason why China and India have achieved little" in football despite their huge populations, according to Mike Collett of REUTERS. Eaton urged governments to "take more control of the prob ...

Tags: International Football, China, India

Sponsorship To Help Boost Boxing In China

Boxing in China "faded into the background" in the late '50s, but "had a revival" in the '80s, according to Lionel Donovan of CCTV. Since then, "there have been notable achievements, but China has not quite become the boxing powerhouse it could be." Boxing "is a rising sport in China." Since it has ...

Tags: Marketing and Sponsorship, China

English Cricket Vulnerable To Takeover

Related story: Essel Group's Project To Challenge Cricket Monopoly Indian Premier League Founder Lalit Modi said that English cricket is the "most vulnerable" to takeover by a rebel league, according to Nick Hoult of the London TELEGRAPH. His warning comes as the England & ...

Tags: Leagues and Governing Bodies, India

New Japan League Set For 2016

All 47 clubs of the National Basketball League, National Basketball Development League and bj-league, including expansion teams for the '15-16 season, "are scheduled to join the new men’s basketball league in Japan in 2016," according to Kaz Nagatsuka of the JAPAN TIMES. The Japan 2024 Task Fo ...

Tags: Leagues and Governing Bodies, Japan

Figo Asks To Speak At AFC Congress

FIFA presidential candidates Luís Figo and Michael van Praag have written to the Asian Football Confederation requesting the opportunity to "address delegates at their annual Congress on Thursday," according to Mike Collett of REUTERS. Former Portugal int'l Figo, Prince Ali bin al-Hussein of ...

Tags: International Football, Asia

Revolt Against IOA Boss Gathers Steam

The revolt against Indian Olympic Association President N. Ramachandran is beginning to "gather steam with some of the members even discussing the possibility of moving a no-confidence motion against him," according to Abhijeet Kulkarni of the MUMBAI MIRROR. Discontent against Ramachandran "had been ...

Tags: Olympics, India

Figo Hopes Expansion Plan Gains Asia Support

FIFA presidential candidate Luís Figo "will hope to convince delegates at this week's Asian Football Confederation Congress that a vote for him would boost the region's chances of more places in future World Cup finals," according to Mike Collett of REUTERS. Figo said that "he also wanted mor ...

Tags: International Football, Asia

Anurag Thakur Slams ICC Chair Srinivasan

The internal feud within the Board of Control for Cricket in India took an "ugly turn" on Monday with board secretary Anurag Thakur launching a "stinging attack" on ICC Chair N. Srinivasan, saying that he should "actually share information on bookies" with his own family members "whose involvement i ...

Tags: Leagues and Governing Bodies, India

Star India Buys Stake In Mashal Sports

Star India has acquired a 74% stake in Mashal Sports, which is co-promoted by Anand Mahindra and owns the successful Pro Kabaddi League, according to TELEVISION POST. The value of the deal "is not known." Star, which is the official broadcaster of the league, "will now have control over the entire l ...

Tags: Media, India

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