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Murray Is Unlikely To Renew Sponsorship Deal With Adidas, Industry Sources Say

Published in SportsBusiness Daily Global on 10 / 01 / 14

Sources inside the equipment industry said that Andy Murray's long-standing sponsorship deal with adidas "is unlikely to be renewed at the end of the season," according to Sim Briggs of the London TELEGRAPH. The Scottish player is going "in search of one last big kit deal to cover the final five yea...

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Tags: Marketing and Sponsorship, United Kingdom

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02/11/13
Pingpong Diplomacy Leged Dies

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Tags: People and Pop Culture, China

02/08/13
New Hong Kong League Could Net $2.6M

The Hong Kong FA "hopes to secure" HK$20M ($2.6M) in sponsorship from "global corporations" as part of its plans for a proposed new Premier League, according to Chan Kin-wa of SOUTH CHINA MORNING POST. HKFA Vice-Chair Steven Lo Kit-sing said on Wednesday that "discussions were ongoing with more than ...

Tags: Marketing and Sponsorship, China

02/08/13
Bettings Pool Merger In HK Horse Racing

After more than six years of Jockey Club lobbying, the Hong Kong Home Affairs Bureau Wednesday "backed the two-way combining of betting pools with foreign jurisdictions, allowing overseas punters access to the larger and more attractive pools here," according to Alan Aitken of the SOUTH CHINA MORNIN ...

Tags: Leagues and Governing Bodies, China

02/07/13
Hong Kong FA To Replace Six Members

The Hong Kong FA "will appoint new officials as soon as possible after all six members of its disciplinary committee quit on Monday," according to Chan Kin-wa of the SOUTH CHINA MORNING POST. HKFA Vice-Chair Pui Kwan-kay said, "Their decision has affected our image as many of them have served the as ...

Tags: Leagues and Governing Bodies, China

02/05/13
ManU To Play Friendly In Hong Kong

ManU has officially confirmed that it "will visit Hong Kong in the summer to take on Kitchee in a friendly," according to James Porteous of the SOUTH CHINA MORNING POST. The game on July 29 will follow the Barclays Asia Trophy, which will see fellow Premier League clubs Sunderland, Tottenham Hotspur ...

Tags: International Football, United Kingdom, China

01/31/13
Shanghai Shenhua Still Claim Drogba

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Tags: International Football, China

01/31/13
A-League Club Could Get Asian Owners

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Tags: Franchises, Australia, China

01/30/13
Aussie Open Increases Li's Popularity

Chinese tennis player LI NA "is the most popular person in China again thanks to her resurgence at the Australian Open," in which she finished second, according to Tang Zhe of the CHINA DAILY. CCTV-5 Dir JIANG HEPING revealed that Li's battle for the Grand Slam title on Saturday reached a 7.57 m ...

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01/29/13
NBA Plans Chinese New Year Celebration

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Tags: Media, China

01/28/13
Li Ning Shares Drop With Fundraising Plan

Chinese sportswear company Li Ning "sent its shares tumbling by revealing it needed to raise more money to complete a restructuring plan," according to Patti Waldmeir of the FINANCIAL TIMES. Its share price sank 14.7% on Friday after the company said that it plans to issue convertible securities worth up to HK$1.87B ($241M) to provide capital for restructuring and business development, "as it tries to reverse a two-year slide in its performance." The securities are convertible into one share at HK$3.50 ($0.45) each and "will be offered to shareholders for every two existing shares held."

Tags: Finance, China

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