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New Zealand Rugby Union, Sky TV Sign 'Conditional' Deal For Broadcast Rights

Published in SportsBusiness Daily Global on 10 / 24 / 14

The New Zealand Rugby Union and Sky TV signed "a conditional five-year deal for broadcasting rights from 2016," according to Greg Stutchbury of REUTERS. A final agreement is expected to be signed off by the end of November. NZRU CEO Steve Tew said that no financial details were disclosed "due to the...

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Tags: Media, Australia

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03/12/14
CEO: Norway Fund Made Mistakes

Norway's $850B sovereign wealth fund "made mistakes" when it bought shares in F1 and "may try to sell them," according to Joachim Dagenborg of REUTERS. Norway wealth fund CEO Yngve Slyngstad said that the fund "may seek to offload the stake" if corruption charges against F1 CEO Bernie Ecclestone "ar ...

Tags: Finance, Europe

03/11/14
Only Six Serie A Clubs In Profit

La Gazzetta dello Sport found only six Serie A clubs "ran at a profit last year," while Inter lost €82.7M, according to FOOTBALL ITALIA. Only six sides "avoided a deficit, while there are still huge debts" all around the league. Udinese is "the best run club in Italy," making a profit of € ...

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03/11/14
Blatter Responds To Qatar Criticism

FIFA President Sepp Blatter "has responded to criticism about slave-like conditions at World Cup construction sites in Qatar," according to Katrin Terpitz of HANDELSBLATT. At a regional business initiative meeting on Friday evening in Mönchengladbach, Germany, Blatter "dismissed general critici ...

Tags: International Football, Europe

03/11/14
DEL Sets New Attendance Record

The German Hockey League (DEL) has set a new attendance record during the '13-14 regular season. The league welcomed a total of 2,308,736 fans to its arenas during the regular season. The number translates into an average attendance of 6,343 fans for each of the 364 regular-season games, and is a ne ...

Tags: Leagues and Governing Bodies, Europe

03/11/14
European Clubs See Social Media Gains

The massive growth of social media popularity for European football clubs sees no end in sight as 14 different clubs added more 1 million new fans over the latest three-month period. La Liga clubs FC Barcelona and Real Madrid each saw more than 9 million combined new likes on Facebook and followers ...

Tags: Media, Europe

03/11/14
Winter Sports Scores Top Ratings On ZDF

German public broadcaster ZDF "has attracted top ratings for its winter sports broadcasts over the weekend," according to Alexander Krei of DWDL. The men's biathlon mass start race, which aired on Sunday morning, attracted 2.14 million viewers. The number translated into a market share of 18.8%. The ...

Tags: Media, Europe

03/11/14
Hoeneß Admits To Evading Taxes

Bayern Munich President Uli Hoeneß "stunned a German court on Monday by admitting he had evaded taxes" of €18.5M ($26M) using a secret Swiss bank account -- "more than five times the amount on a prosecutors' charge sheet," according to Jens Hack of REUTERS. Once one of Germany's "most adm ...

Tags: Finance, Europe

03/11/14
Serie A Side Lazio Fans Boycott Match

Serie A side Lazio supporters boycotted Sunday's home match against Atalanta "in protest" at President Claudio Lotito's running of the club, according to the BBC. Fan anger "has grown amid poor league form, a lack of incoming transfer activity and the January sale of playmaker Hernanes to Inter Mila ...

Tags: Franchises, Europe

03/10/14
Hoeneß Tax Evasion Trial Starts Monday

Bayern Munich President ULI HOENEß will go "on trial on Monday charged with tax evasion in a case that has shocked the nation and changed attitudes towards paying taxes," according to Erik Kirschbaum of REUTERS. Hoeneß, 62, has said that "he voluntarily alerted tax authorities in Janua ...

Tags: People and Pop Culture, Europe

03/10/14
Norway Questions Wealth Fund's F1 Deal

Norwegian parliamentarians said on Friday that Norway's $850B sovereign wealth fund, the world's largest, "must answer questions on its acquisition of a stake in Formula One," according to Dagenborg & Knudsen of REUTERS. The fund, which invests Norway's oil and gas revenues, bought a $1.6B stake ...

Tags: Finance, Europe

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