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Volkswagen Reshuffles Management Team, Appoints Sven Smeets As Motorsport Director

Published in SportsBusiness Daily Global on 08 / 30 / 16

Sven Smeets Volkswagen Motorsport has reshuffled its management team following the departure of Motorsport Dir Jost Capito. The motorsports department of the German car brand on Monday announced the appointment of ...

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Tags: Franchises, Europe

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12/02/14
Bayern Munich Reports Record Revenue

Bayern Munich "has released its financial numbers for the fiscal year ending June 30 in which it generated a record revenue," according to SPORT1. The club reported revenue of €528.7M ($660M) for the '13-14 season. In comparison, Bayern had revenues of €432.8M during the previous year. The ...

Tags: Finance, Europe

12/02/14
Milan Extends Emirates Sponsorship

AC Milan extended its sponsorship deal with Dubai-based airline Emirates for another five years on Monday, a “welcome financial boost for the fading club” which has sold off its top players over the last few years, according to Brian Homewood of REUTERS. AC Milan co-CEO Barbara Berluscon ...

Tags: Marketing and Sponsorship, Europe

12/01/14
18 Countries Awarded Bundesliga Rights

DFL Sports Enterprises awarded the audiovisual media rights for Bundesliga football for a further 18 countries in Europe and neighboring regions for the '15-16 and '16-17 seasons in a media rights tender. With income set to exceed the €150M ($186M) per season mark, it has more than doubled i ...

Tags: Media, Europe

12/01/14
Five FIFA Officials Under Investigation

Five officials, including "three long-serving FIFA executive committee members," are being investigated in the corruption probe into the bidding contests for the 2018 and 2022 World Cups, according to Graham Dunbar of the AP. A person familiar with the cases confirmed the names Thursday after the fi ...

Tags: International Football, Europe

12/01/14
Astana Cycling Pulls Plug

The Astana cycling team "is pulling the plug on its Continental team following a third doping positive that threatens to implicate the WorldTour team as well," according to VELO NEWS. The Kazakh Cycling Federation announced that the second-division Continental team Astana "has been suspended from co ...

Tags: Franchises, Europe

12/01/14
Lille To Sell Belgian Side Mouscron

Ligue 1 side Lille is "preparing to sell" its 51% stake in Belgian Pro League side Mouscron-Péruwelz after two-and-a-half years as the club’s majority shareholder, according to 20 MINUTES. Lille is said to "have found a buyer for the club promoted to the top Belgian division this season ...

Tags: Franchises, Europe

11/26/14
Genoa Could Be Demoted Over Debts

Serie A side Genoa "faces sanctions that could include a points deduction or even demotion after failing to pay a debt related to player trades," according to Tariq Panja of BLOOMBERG. A disciplinary panel at FIFA "will discuss sanctions at its next meeting after Genoa failed to pay Chile’s De ...

Tags: International Football, Europe

11/26/14
Greek Super League To Resume

Top-flight matches in Greece will resume this weekend after the Hellenic Football Federation (EPO) confirmed that "it would lift the suspension imposed after a refereeing official was attacked by two men ," according to REUTERS. The suspension "was lifted after the Super League elected a new presid ...

Tags: International Football, Europe

11/26/14
Reebok Acquires Clothing Brand Luta

Reebok has partnered with Fight for Peace, "acquiring its fashion brand Luta in the process, as part of its latest drive to establish itself as a socially responsible" organization, according to Jennifer Faull of THE DRUM. Fight for Peace was established by Luke Dowdney in Rio de Janeiro and London ...

Tags: Marketing and Sponsorship, Europe

11/26/14
EuroBasket Organizers Evaluate '15 Venue

The EuroBasket 2015 organizers “took advantage of the tennis layout of Stade Pierre-Mauroy during the Davis Cup final in Villeneuve-d’Ascq, to measure the potential of the grounds which will host the final tournament in September,” according to L’EQUIPE. In less than a year, ...

Tags: Facilities, Europe

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