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Chinese Property Developer Wanda Group Eyes 30% Stake Of Serie A Club AC Milan

Published in SportsBusiness Daily Global on 02 / 27 / 15

China's biggest property developer is "expanding sports empire in Europe," according to Emma Glez of CHINA DAILY. Dalian Wanda Group is interested in purchasing a 30% stake of Serie A side AC Milan, as the company "continues its shopping spree to build a sports empire in Europe." Wanda, which contro...

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Tags: Franchises, Europe, China

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Seven To Remain 'Sensible' In AFL Bid

At a time "when sports broadcast rights are booming across the world," Channel Seven CEO Tim Worner has declared his network will make a "sensible" decision when it comes to reapplying for the Australian Football League rights, according to Pierik & Heffernan of the SYDNEY MORNING HERALD. Seven, ...

Tags: Media, Australia

Al-Hilal Demands AFC Investigation

Saudi Professional League side Al-Hilal officials claim A-League side Western Sydney Wanderers' Asian Champions League triumph is a "black spot in the history of Asian football," which raises the need to "ensure the absence of any effect of betting agencies" in football, according to the AAP. In a ...

Tags: International Football, Australia

AFL To Change Media Strategy

The Australian Football League's media strategy "will undergo a facelift" with the impending departure of AFL Corporate Affairs Manager James Tonkin, according to Caroline Wilson of the SYDNEY MORNING HERALD. The replacement for Tonkin, who has massaged the AFL's message for the past three years, "i ...

Tags: Leagues and Governing Bodies, Australia

NRL Paid $70,700 Of Gallen's Legal Fees

National Rugby League side Cronulla captain Paul Gallen was given nearly A$80,000 ($70,700) by the NRL "to cover his legal fees while under investigation by the Australian Sports Anti-Doping Authority, receiving significantly more assistance from League Central than any other past or present Cronull ...

Tags: Leagues and Governing Bodies, Australia

Australia Network Replaced

The privately-backed Australian News Channel "will take to the airwaves in international markets at a moment when the previously government-backed Australia Network closes and is replaced by Australia Plus TV," according to Patrick Frater of VARIETY. The new int'l-facing Australian Channel "is backe ...

Tags: Media, Australia

BBL Expansion Into Canberra Off Table

Canberra "will host this summer's Big Bash League final," but the competition's GM Mike McKenna said that "potential expansion into the capital is a long way off," according to Lee Gaskin of the CANBERRA TIMES. Cricket ACT Chair Ian McNamee has stated Canberra is "ready to roll" when the BBL calls f ...

Tags: Events and Attractions, Australia

Australian Open Partners With Emirates

The  Australian Open  and  Emirates Airline  have announced   a new Grand Slam partnership, launching a multi-year deal that will see the two global brands unite for the first time. The announcement was made at Melbourne Airport on Sunday, with  Tennis Austral ...

Tags: Marketing and Sponsorship, Australia

AFL Eyes As Much As $1.4B For TV Rights

The Australian Football League "is set to negotiate the richest sports deal in Australian television history," with an opening bid of A$1.5B-A$1.6B ($1.3B-$1.4B), according to Darren Davidson of the THE AUSTRALIAN. The "extraordinary figure is being privately discussed" as attainable by AFL CEO Gill ...

Tags: Media, Australia

NZRU, Sky TV Signs Five-Year Deal

The New Zealand Rugby Union and Sky TV signed "a conditional five-year deal for broadcasting rights from 2016," according to Greg Stutchbury of REUTERS. A final agreement is expected to be signed off by the end of November. NZRU CEO Steve Tew said that no financial details were disclosed "due to the ...

Tags: Media, Australia

Parramatta 'Inadequate' To Host ACL

The "biggest match of any code ever hosted by Pirtek Stadium might also be the last Asian Champions League match played at Parramatta," according to Michael Cockerill of the CANBERRA TIMES. A-League side Western Sydney Wanderers insisted on Parramatta "partly because of the wishes of their coach, To ...

Tags: Facilities, Australia

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