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07/09/15
Tokyo, Japan Talk Cost Sharing

The governor of Tokyo and Japan's Olympics minister agreed Wednesday "to set up a working group to consider how the metropolitan government can share the ballooning costs for building the country's new national stadium for the 2020 Tokyo Olympics," according to KYODO. Tokyo Governor Yoichi Masuzoe, ...

Tags: Japan, Olympics

07/08/15
Deloitte To Sponsor Asean Para Games

Deloitte "has been appointed as the first official sponsor for this year's Asean Para Games," according to the STRAITS TIMES. The professional services company "has pledged" more than $500,000 in sponsorship to the Para Games, which will be held in Singapore for the first time. It "will also be prov ...

Tags: Marketing and Sponsorship, Asia

07/08/15
Chinese FA Teams Up With 58.com

The Chinese FA signed a deal with 58.com to "become the title sponsor of China League One, the second division of football league in China," according to YUTANG SPORTS. The partnership will see 58.com, China’s largest classified site, "add its name to China’s second-tier football league, ...

Tags: Marketing and Sponsorship, China

07/08/15
India Summons Former IPL Chair In Probe

An officer said that Indian financial investigators have ordered exiled former Indian Premier League Chair Lalit Modi to "return home to be interrogated over allegations of money-laundering linked to a mega TV deal," according to the AFP. The Enforcement Directorate has "issued the summons over ...

Tags: Leagues and Governing Bodies, India

07/08/15
Sports Hub Pitch Ready For The Best

In a "quiet corner of Singapore" lies a plot of land central to the Sports Hub's attempts to "consign its pitch woes to the past," according to Sanjay Nair of the STRAITS TIMES. The Kranji Sanctuary Golf Course is the site of "rejuvenation and repairs" for the new field at the National Stadium in Ka ...

Tags: Facilities, Asia

07/07/15
Taxation Issue Prohibits Indian GP Return

Vicky Chandhok said that the multi-taxation issues "have to be sorted out for the Indian Grand Prix to return," according to the PTI. Chandhok, a former FMSCI president who worked with both Formula One Management and promoters Jaypee Group in getting the high-profile race to India in '11, said that ...

Tags: Events and Attractions, India

07/06/15
Japan Approves Tokyo's $2B Olympic Stadium

The Japanese government confirmed that Zaha Hadid Architects' Tokyo Olympic stadium will "start on site in October" and cost £1.3B ($2.1B) to complete, according to Merlin Fulcher of ARCHITECTS JOURNAL. The announcement by Japanese Sports Minister Hakubun Shimomura "ends speculation on wh ...

Tags: Facilities, Japan

07/02/15
IOC Hails Tokyo 2020's Frugal Budget

The IOC on Wednesday "sought to deflect attention from a row over Tokyo's planned National Stadium" by praising organizers for keeping the 2020 Games budget in check, according to the AFP. IOC VP and Tokyo 2020 Coordination Commission Chair John Coates said that Tokyo had made "outstanding progress" ...

Tags: Olympics, Japan

07/02/15
JSW Group To Acquire IPL Team

JSW Steel Chair Sajjan Jindal confirmed that his group is acquiring an Indian Premier League side but "stopped short of naming it amid a speculation that the team could be Royal Challengers Bangalore," which is owned by liquor baron Vijay Mallya, according to the PTI. Jindal said, "Cricket is the nu ...

Tags: Franchises, India

07/02/15
BCCI Mulling Performance Incentives

Encouraged by the financial model followed by Cricket Australia and England & Wales Cricket Board, the Board of Control for Cricket in India is "planning to introduce a performance-based incentive for the Indian team for each and every home and away series," according to the PTI. There was ...

Tags: Finance, India

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