Featured Story

U.S. Banks Carving Out Niche By Financing Top European Clubs' Stadiums

Published in SportsBusiness Daily Global on 06 / 23 / 17

U.S. banks that have carved out a "lucrative niche financing the construction and renovation of sports stadia are making a push into Europe," according to Davies & Slater of REUTERS. Goldman Sachs and Bank of America Merrill Lynch "dominate the sector," using stock and bond issues, the sale...

Read More

Tags: Finance, North America, Europe

More Stories

10/01/15
Dusseldorf Gets Serious About Tour Start

Dusseldorf Mayor Thomas Geisel "has established a task force to evaluate the financial feasibility of hosting the Grand Depart of the Tour de France over next four weeks," according to the SID. The task force "will also talk about London's withdrawal from the Grand Depart in '17 and what impact it c ...

Tags: Events and Attractions, Europe

10/01/15
De Laurentiis Furious With Napes Mayor

Serie A side Napoli President Aurelio De Laurentiis is frustrated with the local council over Stadio San Paolo, saying, "I don't understand this city," according to FOOTBALL ITALIA. Mayor of Naples Luigi De Magistris said that the club had not made "a serious offer" for the renovation of the stadium ...

Tags: Facilities, Europe

10/01/15
Inter And Milan Continue To Share Stadium

Former Inter President Massimo Moratti believes his old club and AC Milan will "continue to share San Siro," according to FOOTBALL ITALIA. The Rossoneri had been planning to move out and build a new stadium in the Portello area of the city, but President Silvio Berlusconi then announced "they would ...

Tags: Facilities, Europe

10/01/15
MMA Fighter Seeks Russian Citizenship

Russian Sports Minister Vitaly Mutko has asked President Vladimir Putin to give a Russian citizenship to U.S. MMA athlete Jeffrey William Monson. According to Andrei Svintsov, a Russian legislator from the LDPR party, which Monson recently joined, Mutko's address is likely to have a decisive role in ...

Tags: Leagues and Governing Bodies, Europe, Russia

10/01/15
$11.2M For Paris 2024 Bid

France Sport Secretary of State Thierry Braillard announced on Wednesday that €10M ($11.2M) will be “allocated to the Paris 2024 bid,” according to L'EQUIPE. The funds “will come from the National Center of Sport Development,” whose budget for ’16 is estimated at & ...

Tags: Olympics, Europe

10/01/15
Schalke Reports $5.5M Loss In '15

Bundesliga side Schalke made a loss of €4.9M ($5.5M) during the first half of '15, according to the DPA. Schalke on Tuesday said that the figure "is similar to last year over the same time frame," when the club reported a loss of €4.5M.  Despite the loss, Schalke expects to announce a ...

Tags: Finance, Europe

10/01/15
Rome 2024 Unveils Bid Website

An official Rome 2024 website went live on Tuesday as organizers "seek to boost the publicity surrounding their bid," according to Nick Butler of INSIDE THE GAMES. The website, which at this stage is a "teaser site," is accessible here , with much more content due to be rolled out over coming ...

Tags: Olympics, Europe

09/30/15
Bet365 Sees 92% Rise In Profits

Bet365, the online gambling group that owns EPL side Stoke City, announced a "92 percent rise in pretax profits" to £410.2M ($621.5M) after a 43% rise in sports gamblers, according to Malcolm Moore of the FINANCIAL TIMES. A person close to the company said that he expected it would "conti ...

Tags: Finance, Europe

09/30/15
Eurosport Lands F1 Portugal Deal Through '18

Eurosport secured the exclusive TV and digital rights to the FIA Formula One World Championship in Portugal from '16-18. The deal with Formula One management covers all races, qualifying and practice sessions of the premier motorsports event for the next three seasons. Eurosport will have acces ...

Tags: Media, Europe

09/30/15
Haas F1 Team Names Grosjean As Driver

Haas F1 on Tuesday officially unveiled Frenchman Romain Grosjean as its lead driver for the 2016 F1 season. The 29-year-old, who currently drives for Lotus, will be behind the wheel when the U.S.-based team makes its F1 debut at the Australian Grand Prix in Melbourne on April 3. Sticking to its plan ...

Tags: Franchises, Europe, North America

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug