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Martin Whitmarsh Will Return To Formula 1 To Help Circuit Reduce Costs

Published in SportsBusiness Daily Global on 01 / 18 / 18

Former McLaren Formula 1 Team Principal Martin Whitmarsh is returning to F1 to "help find ways to reduce costs," according to Andrew Benson of the BBC. FIA said that Whitmarsh "had been invited in as a temporary consultant" to help define "regulations for fair and sustainable competition." ...

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Tags: Leagues and Governing Bodies, Europe

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Authorities Ask For Valcke Email Access

Swiss Attorney General Michael Lauber "has formally asked" FIFA to give investigators access to the email accounts of the global football organization's suspended General Secretary Jérôme Valcke, according to Mark Hosenball of REUTERS. A spokesperson for the office said in a statement, ...

Tags: International Football, Europe

IIHF Draws More Fans Than Ever

The IIHF Ice Hockey World Championship, held in the Czech Republic this year, surpassed all previous audience and spectator benchmarks. The event secured a total cumulative TV audience of over 1 billion, as compared to 945 million in '14. Overall, it was aired in 165 territories worldwide -- receivi ...

Tags: Media, Europe

Euro 2016 Expected To Net France $1.5B

A study by the Center for Law and Economy in Sport (CDES) revealed that France “can expect close to” €1.3B ($1.5B) when Euro 2016 begins in June, according to Mickael Penverne of 20 MINUTES. The €1.3B will be made up of €593M ($667M) spent by “spectators inside the s ...

Tags: Events and Attractions, Europe

New Committee In French Football

The Administration Council of the French Football League (LFP) announced the creation of a committee on the promotion and regulations, a “subject of much litigation between the LFP and the Federation of French Football,” according to 20 MINUTES. Former Professional Football Players& ...

Tags: International Football, Europe

Gov'ts Contribute To Venue Remodel

The German government and the Bavarian state government "will financially contribute to the remodeling of the ski jumping venue in Oberstdorf," according to Kathrin Hartmann of SPONSORs. The ski jumping venue "will host the 2018 FIS Ski Flying World Championship and upgrading the venue will cost" &e ...

Tags: Facilities, Europe

German Ministers Expect Economic Boost

The economy ministers of German states Hamburg and Schleswig-Holstein "are expecting an economic boost for Northern Germany from possible Olympic Games in '24," according to the SID. Hamburg Economic Senator Frank Horch: "In addition to the tourism in the North, the construction industry would hugel ...

Tags: Olympics, Europe

Sport1 To Air Women's Champions League

German free-to-air TV channel Sport1 "has secured UEFA Women's Champions League rights," according to Timo Nöthling of QUOTENMETER. The channel "will show the games of Women's Bundesliga side Bayern Munich." The games of the two other German Champions League participants, VfL Wolfsburg and FFC ...

Tags: Media, Europe

FIFA Execs To Keep Long List Of Perks

When FIFA Audit & Compliance Committee Independent Chair Domenico Scala unveiled a series of "sweeping reform proposals," he aimed "squarely at FIFA’s executive committee," according to Joshua Robinson of the WALL STREET JOURNAL. His changes "are designed to strip the body of most of its p ...

Tags: International Football, Europe

Club Forced Into $2M Loan, FIFA Appeal

Danish Superliga club Brøndby has taken out a £1.4M ($2.1M) loan as it awaits transfer payment "from the sale of on-loan Charlton striker Simon Makienok," according to Joe Short of the London EXPRESS. The west Copenhagen club "sold striker Makienok, 24," to Serie A side Palermo in the s ...

Tags: Franchises, Europe

Following The Transfer Fee Money

More than 70% of transfer fees invested by big-5 league clubs during last summer were "paid to other clubs taking part in the five major European championships," according to CIES FOOTBALL OBSERVATORY. AS Monaco "received the highest amount" at €202M ($226M), add-ons included. Monaco also ...

Tags: Finance, Europe

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