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New China National Coach Marcello Lippi To Net Millions From Evergrande Academy

Published in SportsBusiness Daily Global on 10 / 24 / 16

Marcello Lippi will earn almost $5M a year as China coach but "will pocket far more through a tie-in with a football academy," according to the AFP. The 68-year-old Italian was named boss of the national team by the Chinese FA on Saturday and has the tricky goal of steering the Asian country "to qua...

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Tags: Finance, China

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Tencent, Sina Share UEFA Rights In China

Chinese online streaming services Tencent Sports and Sina Sports "have both claimed the rights to broadcast matches from the UEFA Champions League and the UEFA Europa League in the country" until '18, according to SOCCEREX. Tencent's deal "will see them live stream 146 Champions League and 205 Europ ...

Tags: Media, China

Dalian Wanda In Talks To Buy Ironman

A person familiar with the matter said that Chinese property and investment firm Dalian Wanda Group "is in exclusive talks to acquire World Triathlon Corp, the U.S. owner of the popular Ironman Triathlon franchise, for more than $850 million," according to Liana Baker of REUTERS. The potential deal ...

Tags: Finance, China

China Wins 2019 FIBA Basketball WC Bid

China will host the 2019 FIBA Basketball World Cup, "marking the first time that the game will come to China," according to XINHUA. The decision "was made by the federation's Central Board after both candidates -- China and the Philippines, submitted their bids and each gave presentations during th ...

Tags: Events and Attractions, China

Alibaba, Kobe Bryant Team Up

Chinese e-commerce company Alibaba Group "has struck a wide-ranging deal with a new start-up founded" by Kobe Bryant, according to Bien Perez of the SOUTH CHINA MORNING POST. Bryant's first project with Alibaba "involves the exclusive release in mainland China of his self-produced video documentary, ...

Tags: Marketing and Sponsorship, China

Advertisers Move On China Olympics Win

Multinational advertisers in the world’s most populous country did not "waste any time trying to cash in on China’s success" in winning the right to host the 2022 Winter Olympics, according to Russell Flannery of FORBES. The government-published Shanghai Daily wrote Coca-Cola was quickly ...

Tags: Marketing and Sponsorship, China

IOC Picks Beijing To Host 2022 Games

Beijing "is to stage the 2022 Winter Olympics -- despite having little natural snow -- and will become the first city to host both the summer and winter games," according to Moore & Shepherd of the FINANCIAL TIMES. The IOC voted 44:40 in favor "of the Chinese capital over its rival, Almaty in Ka ...

Tags: Olympics, China

Almaty Out To Upset Beijing For '22 Games

Beijing "will go head-to-head with the little-known Kazakh city of Almaty for the right to host the 2022 winter Olympics" when the IOC elects the winner at its session in Malaysia next week, according to Karolos Grohmann of REUTERS. Beijing, which hosted the 2008 Games, "is looking to become the fir ...

Tags: Olympics, China, Asia

Chinese Team In America's Cup Talks

America's Cup Events Authority CEO Russell Coutts said that a Chinese team "is one of three talking to America's Cup organisers about joining the five challengers so far entered for the 2017 edition," according to Alan Baldwin of REUTERS. Coutts: "This new entity that is looking to come in would be ...

Tags: Events and Attractions, China

UBS Back As Hong Kong Open Sponsor

Swiss bank UBS "will make a surprise return as title sponsor of the Hong Kong Open in October, signalling a dramatic upswing in fortunes for the prestigious golf tournament," according to Noel Prentice of the SOUTH CHINA MORNING POST. Three years after ending an eight-year relationship with the Hong ...

Tags: Marketing and Sponsorship, China

SPFL Agrees New Live TV Deal For China

The Scottish Professional Football League "has agreed a deal to show live Scottish football on mainstream television in China for the first time," according to Chris McLaughlin of the BBC. Thought to be worth about £500,000 ($778,000) a year for three years, the deal "is with Letv Sports, Chin ...

Tags: Media, China, United Kingdom

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