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French Open To Increase Prize Money For Champions, Early-Round Losers

04 / 16 / 14

French Open singles champions will get a record €1.65M ($2.3M) each, "with first-week losers receiving the biggest raise as the tennis tournament responds to players’ demands for more even prize money," according to Danielle Rossingh of BLOOMBERG. The tournament "has lifted prize money f...

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Tags: Events and Attractions, Europe

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05/24/13
Berlin To Host 2015 Champions League

Berlin will stage the Champions League final for the first time in '15 and Warsaw will be the venue for the Europa League final, according to the London GUARDIAN. UEFA General Secretary Gianni Infantino said, "Two beautiful venues for our finals for 2015." The '15 match, at Berlin's Olympic Stadium ...

Tags: Events and Attractions, United Kingdom, Europe

05/24/13
UEFA Wants 10-Match Racism Ban

UEFA has recommended a minimum 10-match ban "for racist abuse by players" beginning next season and "increased the punishment for verbally or physically attacking match officials," according to Ashling O'Connor of the LONDON TIMES. The sanction for insulting an official "was raised" from a two-match ...

Tags: Leagues and Governing Bodies, Europe

05/23/13
Dortmund Signs Deal With U.K. Telecom

British telecom company Lebara Mobile "has signed a sponsorship deal" with Bundesliga club and Champions League finalist Borussia Dortmund that "will see its branding displayed" at the club's home ground, according to Paul Withers of MOBILE NEWS. The agreement, which goes into effect in July, i ...

Tags: Marketing and Sponsorship, Europe

05/23/13
1860 Munich Signs Contract With Infront

Second Bundesliga club 1860 Munich will be able to provide proof of liquidity to obtain the German Football League (DFL) license for next season. The club was able to close its financial gap after it signed a new cooperation contract with sports marketing company Infront Sport & Media. The club ...

Tags: Marketing and Sponsorship, Europe

05/23/13
CL Title Won't Impact Dortmund Shares

The publicly traded shares of Champions League finalist Borussia Dortmund on the Frankfurt Stock Exchange are unlikely to gain a lasting boost from a potential victory in Saturday’s final. Jan Kremer, Sports Business Group Expert at Deloitte in Germany, told SBD Global, "On-field succe ...

Tags: Finance, Europe

05/23/13
FIA WRC And Red Bull Media House Form Joint Venture

The promotion companies of the FIA World Rally Championship, the sportsman media holding and Red Bull Media House "have created a new joint venture, called WRC Promoter GmbH, according to RALLY MAGAZIN. The new company, which is headquartered in Munich, "will be in charge of WRC's marketing." The co ...

Tags: Leagues and Governing Bodies, Europe

05/22/13
Hertha To Increase Spending To $87.7M

Newly promoted Bundesliga club Hertha BSC Berlin "will spend distinctively more money next season than it did in its last season in the top flight" in '11-12, according to the SID. The club calculates expenditures of €68.1M ($87.7M), which is about €10M ($12.9M) more than during its last B ...

Tags: Franchises, Europe

05/22/13
Mourinho Criticized By Media, Fans

After the official announcement that José Mourinho will be leaving Real Madrid, Spanish newspapers "have roundly accused him of failing at Real Madrid as they jeered his three-year reign at the Bernabeu and his failure to win more silverware," according to the London TELEGRAPH. Marca ran "The ...

Tags: International Football, Europe

05/22/13
Bayern Receives Biggest TV Money Share

Bundesliga champion Bayern Munich "has received the most money from the German Football League's (DFL) TV-rights deal," according to the DPA. The Munich club received a reported €36M ($46M) in TV money and therefore €6M ($7.7M) more than Bayer Leverkusen, which is second on the list with & ...

Tags: Europe, Media

05/22/13
Real Madrid President Seeks Re-Election

After confirming that José Mourinho is stepping down as coach of Real Madrid, club President Florentino Pérez announced that he will run for re-election on June 16, according to MARCA. Pérez: "I don't know if there will be another candidate. There has always been at least one ot ...

Tags: International Football, Europe

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