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Sky Profits Fall 11%, Partly Due To Rising Cost Of Live Premier League Coverage

Published in SportsBusiness Daily Global on 04 / 21 / 17

Sky's profits fell 11% in the nine months to the end of March as the European broadcaster "continued to be hit by the rising costs of live Premier League football," according to David Bond of the FINANCIAL TIMES. A £494M ($633M) increase in the cost of the rights caused operating profits to fa...

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Tags: Finance, Europe

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CHL Urged To Reduce Number Of Teams

Int’l Ice Hockey Federation President René Fasel has called on Champions Hockey League organizers to limit the number of participating teams to a maximum of 24. “I think that 48 teams for a so-called Champions League is way too much,” Fasel told SBD Global. The Champions Hoc ...

Tags: Events and Attractions, Europe

Infront Named BBL's Marketing Partner

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Tags: Marketing and Sponsorship, Europe

NHL Important For Winter Games' Value

An Olympic hockey tournament without the particiaption of the world's best players would devalue the whole Winter Games, Int'l Ice Hockey Federation President René Fasel said. The NHL's participation at the 2018 PyeongChang Games was thrown into serious doubt this week after the IOC decided i ...

Tags: Olympics, Europe

Jack Ma Could Buy AC Milan

La Repubblica reported that Alibaba Founder & Exec Chair Jack Ma, China's second richest man, "is set to buy" AC Milan, according to Matthew Nitch Smith of BUSINESS INSIDER. Fininvest -- a holding company owned by ex-Italian PM Silvio Berlusconi -- "currently has a 99% stake in the club." La Rep ...

Tags: Franchises, Europe

Wolfsburg Signs Nine-Year Deal With Nike

Bundesliga side VfL Wolfsburg "has reached a deal with Nike to become the club's new kit supplier starting in '16-17," according to Holger Rehm of SPONSORs. The partnership, which has not been officially announced, "is reported to be a nine-year deal." Nike will replace Italian brand Kappa, which si ...

Tags: Marketing and Sponsorship, Europe

FIBA Confident It Will Prevail In Feud

Europe’s basketball governing body, FIBA Europe, is open to hold talks with Euroleague to find a solution for the ongoing feud between the two organizations, but does not rule out further sanctions, according to FIBA Exec Dir for Europe Kamil Novak. The 49-year-old former Czech int'l is convin ...

Tags: Leagues and Governing Bodies, Europe

Players Ranked By Marketing Potential

ManU midfielder Bastian Schweinsteiger "is the German national team player with the highest marketing potential," according to Michael Witt of BILD. The injured German captain "tops the ranking" ahead of Bayern Munich striker Thomas Müller and Lukas Podolski, who plays for Galatasaray in Turkey ...

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Visa Europe Partners With Formula E

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Tags: Marketing and Sponsorship, Europe

German Cup Match Draws More Than 9M

German public broadcaster ARD recorded more than 9 million viewers for its broadcast of the DFB-Pokal (German Cup) match between Hertha Berlin and Borussia Dortmund, according to Manuel Weis of QUOTENMETER. Dortmund's 3-0 victory on Wednesday drew 9.09 million viewers. The number translated into a m ...

Tags: Media, Europe

Erima Sets Revenue Record In Q1

German sportswear company Erima "reported record figures for the first quarter" of '16, according to Gabriel Wagner of SPONSORs. Erima's revenue increased by about 20%. The company's total revenue was €14M in Q1. In comparison, over the first ...

Tags: Finance, Europe

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