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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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Alonso Tells Ferrari He Wants To Leave

Scuderia Ferrari driver FERNANDO ALONSO "has reportedly told the Italian team that he intends to leave the squad at the end of the season," according to KRONE. Italy's "Gazzetta dello Sport" reported that Alonso "has informed the team of his intentions after he set conditions that were unacceptabl ...

Tags: People and Pop Culture, Europe

DFL Launches Goal-Line System Tender

The German Football League (DFL) "has launched a tender process for the introduction and operation of goal-line technology in the Bundesliga," according to the SID. The DFL confirmed the launch on Monday. The introduction of goal-line technology in Germany's top flight "will happen at the earliest p ...

Tags: Leagues and Governing Bodies, Europe

Ratings Drop For Singapore F1 Grand Prix

German free-to-air TV channel RTL "attracted more than 4 million viewers on Sunday for the broadcast of the Singapore F1 Grand Prix," according to Alexander Krei of DWDL. The race, which was won by Mercedes driver Lewis Hamilton, was watched by a total of 4.35 million viewers. The number translated ...

Tags: Media, Europe

SOCAR To Sponsor Baku 2015

The State Oil Company of the Republic of Azerbaijan (SOCAR) sign ed an agreement to become an official partner of the Baku 2015 European Games. The deal will see Baku 2015 branding on every SOCAR forecourt and outlet across the country to raise awareness of the event. SOCAR will also promote the E ...

Tags: Marketing and Sponsorship, Europe

Yogurt Brand Partners With LFP

The Spanish Football League (LFP) "entered into a new three-year partnership with yoghurt brand Yogures Pascual," according to SOCCEREX. A central element of the partnership will be a healthy eating initiative called "Energy to succeed," which will be promoted alongside player images and the LFP log ...

Tags: Marketing and Sponsorship, Europe

U.K. MP: FIFA Probe Could Yield Charges

U.K. Conservative MP Damian Collins believes a report into "alleged corruption" at FIFA "could lead to criminal charges," according to the BBC. Collins has asked the Serious Fraud Office to "request a copy of the report into the bidding processes for the 2018 and 2022 World Cups." FIFA ethics invest ...

Tags: International Football, Europe

Atlético Madrid Cuts Debt By $115M

La Liga side Atlético Madrid has been "battling a long-standing debt issue in the midst of their success," according to INSIDE SPANISH FOOTBALL. The club has been running debts of around €200M ($257M) over the last five years, but from Oct.1, "this figure will be settled" to around &euro ...

Tags: Finance, Europe

Wembley To Host Euro 2020 Final, Semis

England "will at last stage another major football tournament after Wembley was awarded the final and semi-finals of Euro 2020 in Geneva on Friday," according to Charles Sale of the London DAILY MAIL. Munich "withdrew from the final stages bid at the last moment making the choice of London and Wembl ...

Tags: Events and Attractions, Europe

UCI To Use Cameras During Championships

For the first time in the history of the UCI Road World Championships, selected bikes and riders will be equipped with real time location technology and cameras, showing action from inside the peloton during the eight-day event. The Int'l Cycling Union (UCI) will be conducting a test of positioning ...

Tags: Media, Europe

Stroll To Decide Between Sauber, Lotus

Related story: Sauber in talks with Canadian billionaire Canadian billionaire Lawrence Stroll "will invest in F1," according to Roger Benoit of BLICK. The only remaining question is "what team will receive money." Stroll "has been in negotiations with Sauber and Lotus." Stroll ...

Tags: Franchises, Europe

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