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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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04/10/14
Bayern Munich, NBA OKC To Partner

Basketball Bundesliga (BBL) side Bayern Munich and the NBA Oklahoma City Thunder "have agreed to a cooperation," according to Julian Galinski of ABENDZEITUNG MÜNCHEN. Bayern Munich head coach Svetislav Pesic said, "A delegation of the team is currently visiting us in Munich. We will cooperate w ...

Tags: Franchises, Europe, North America

04/10/14
Tour De France Could Use Bike Cameras

Tour de France cyclists " could have cameras attached to bikes to enhance the experience of television audiences in an effort to attract more fans," according to the BBC. Int'l Cycling Union President Brian Cookson believes that the sport "must innovate to promote itself." Cookson: "We need to embr ...

Tags: Leagues and Governing Bodies, United Kingdom, Europe

04/09/14
Funds To Invest $40M In Formula E

Formula E "will receive support from financial backers, which will be announced shortly," according to Sylt & Reid of MOTORSPORT-TOTAL. Formula E "is reportedly set to announce that investment funds will invest" $40M into the business. In December, the electric racing series' parent company Form ...

Tags: Finance, Europe, North America

04/09/14
Gladbach 'Proud' Of Financial Numbers

Bundesliga club Borussia Mönchengladbach "is proud of its financial numbers" for the '13 fiscal year despite losing €31M in revenue, according to C. Hornung of BILD. The club's revenue has dropped from €122M in '12 to €91M last year. The decrease in revenue "is due to Gladbach mi ...

Tags: Finance, Europe

04/09/14
Huawei Signs PSG Sponsorship Deal

Le Figaro has reported that Chinese telecom equipment and handset maker Huawei has signed a three-year, €3.9M ($5.4M) sponsorship deal with Ligue 1 Paris St. Germain, according to TELECOM PAPER. Huawei will advertise at Parc des Princes stadium and in official PSG stores "as well as supplying t ...

Tags: Marketing and Sponsorship, Europe

04/08/14
Napoli To Remain At San Paolo

Naples Mayor Luigi De Magistris said that Serie A side Napoli "will remain at their current San Paolo home but that the ground will undergo major redevelopment," according to FOOTBALL ITALIA. De Magistris "also revealed that major progress is being made in ensuring that work on the stadium upgr ...

Tags: International Football, Europe

04/08/14
Boxing With Satisfying Ratings On ARD

German public broadcaster ARD "recorded satisfying ratings with its boxing broadcasts over the weekend," according to Alexander Krei of DWDL. A total of 3.24 million viewers tuned in on Saturday night to watch the fight between Jürgen Brähmer and Enzo Maccarinelli. The number translated in ...

Tags: Media, Europe

04/08/14
Cologne To Invest $3.4M In Stadium

Kölner Sportstätten GmbH, which is the operating company of the Rheinenergie Stadium, "is looking to invest" about €2.5M ($3.4M) in stadium upgrades, according to Thorsten Moeck of KÖLNISCHE RUNDSCHAU. The home of 2nd Bundesliga side FC Cologne "opened 10 years ago and is not up ...

Tags: Facilities, Europe

04/08/14
UEFA Signs Sponsorship Deal With Nissan

Nissan "has signed up to become a sponsor" of the UEFA Champions League, according to Bill Wilson of the BBC. The value of the four-year deal has not been revealed, but current sponsor packages are reported to be worth more than £45M ($74.6M) a season. The agreement "is its largest ever sponso ...

Tags: Marketing and Sponsorship, Europe

04/08/14
Former Owner To Invest In Rapid Bucharest

Former Romanian side Poli Timisoara Owner Marian Iancu announced plans to become a shareholder in Rapid Bucharest "as the troubled football club is struggling to stay financially afloat," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The move comes following a decision by a Bucharest cou ...

Tags: Franchises, Europe

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