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German Government Supports Hamburg's 2024 Olympics Bid With $33M

Published in SportsBusiness Daily Global on 05 / 22 / 15

The German government "will support Hamburg's bid for the 2024 Olympics" with €30M ($33.4M), according to Kathrin Hartmann of SPONSORs. The government will support the bid with a total of €30M between '15-17. The first €10M ($11.1M) will reportedly be provided this year. The additiona...

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Tags: Olympics, Europe

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DFL To Change Distribution Of TV Money

The German Football League (DFL) "will reportedly change the distribution of TV money in the Bundesliga," according to the SID. In order "to provide clubs with greater planning security, the DFL will implement a new regulation." Starting with the '14-15 season, clubs "will receive TV money based on ...

Tags: Finance, Europe

Man City, PSG Offered Deals Over FFP

Man City and Ligue 1 side Paris St. Germain "are among a number of clubs who have been offered settlements for breaching financial fair play rules," according to the PA. UEFA's club financial control board "has made offers to all the clubs deemed to have breached the rules in advance of its meeting ...

Tags: International Football, Europe, United Kingdom

MTK Budapest To Build $28M Stadium

Hungarian side MTK Budapest CEO Tamas Deutsch said that the club is planning to spend 6.5B forint ($28M) on building a new stadium, according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. Construction works at the stadium "are scheduled to be completed" by '20. The new facility "will have a 5,000 ...

Tags: Facilities, Europe

PSG Outpaces Ligue 1 Rivals

The revenues of Ligue 1 side Paris St. Germain, the French club whose prospects have been transformed since Qatar Sports Investments took control three years ago, "exceeded those of its smallest Ligue 1 rival by a factor of 20" in the '12-13 season, according to David Owen of INSIDE WORLD FOOTBALL. ...

Tags: Finance, Europe

Key Witness To Testify On May 9

There "could be a preliminary decision in the trial against F1 CEO Bernie Ecclestone on May 9," according to Frank Schneider of BILD. It "will be the day when the prosecution's key witness, convicted former banker Gerhard Gribkowsky, takes the stand at the Munich courthouse." Gribkowsky was sentence ...

Tags: Finance, Europe

Franchitti Joins Formula E TV Team

Four-time IndyCar champion and three-time Indianapolis 500 winner Dario Franchitti will join the host TV commentary team for the FIA Formula E Championship. Franchitti will act as co-commentator and driver pundit when the season gets underway in September alongside lead commentator Jack Nicholls. An ...

Tags: Media, Europe

BBL Launches Tendering For Media Rights

The Basketball Bundesliga (BBL) has launched tendering procedures for media rights to all BBL games starting with the '14-15 season. The rights will include regular-season games, playoffs, finals, All-Star Game, BBL-Pokal (German Cup) and BBL Champions Cup for at least one season. All interested par ...

Tags: Leagues and Governing Bodies, Europe

Final Euro 2020 Bids Submitted

England, Scotland, Wales and Ireland "submitted bids to UEFA on Friday to host matches" at Euro 2020 which will be staged across the continent for the first time, according to Hann, Baldwin & Halpin of REUTERS. The English FA said that "it had expressed an interest in two packages" -- to be eith ...

Tags: Events and Attractions, Europe

Chevrolet Named Brasileiro Sponsor

Chevrolet has agreed to a deal with the Brazilian Football Confederation (CBF) to take Brasileiro naming rights, according to SOCCEREX. Details of the General Motors-owned car brand’s partnership "have not been released." However, media reports in Brazil said that "it is likely to have signed ...

Tags: Marketing and Sponsorship, Europe

Hangin' With ... Tracey Gaudry

TRACEY GAUDRY joined the Int'l Cycling Union (UCI) as VP in September and is the first woman to hold the role. Gaudry is a former elite cyclist, having competed at the 2000 Sydney Olympic Games, and is CEO of the cycling advocacy group the Amy Gillett Foundation. Gaudry spoke to SBD Global about h ...

Tags: People and Pop Culture, Europe, Australia

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