Featured Story

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...

Read More

Tags: Finance, Europe

More Stories

Renault Completes Takeover Of Lotus

Renault "is poised to confirm it will remain in Formula 1 after finally completing its purchase of Lotus," according to Ian Parkes of AUTOSPORT. Almost 10 weeks after announcing it had signed a letter of intent regarding the potential acquisition of Lotus, and months after negotiations initially sta ...

Tags: Franchises, Europe

FIA Confirms 2016 F1 Schedule

The World Motor Sport Council confirmed the '16 F1 calendar. The maximum number of championship events has been increased from 20 to 21. The only new event on the calender is the race in Baku, Azerbaijan, which is set to take place on June 19. The council also appoved a mandate for FIA President Jea ...

Tags: Events and Attractions, Europe

Coface Ends Stadium Partnership

Bundesliga side FSV Mainz "is looking for a new stadium partner after credit insurer Coface decided not to renew its contract," according to Kathrin Hartmann of SPONSORs. Coface's contract "is set to expire at the end of the season." The credit insurer has been the club's naming-rights partner for e ...

Tags: Europe, Facilities

ARD, Sky Renew DFB-Pokal Media Rights

German public broadcaster ARD and pay-TV operator Sky Deutschland "have retained the broadcast rights" to the German Cup (DFB-Pokal) starting with the '16-17 season, according to Marc Schmidt of BILD. The new deals, agreed by the German FA (DFB), are said to be worth around €100M ($106M) per se ...

Tags: Media, Europe

DFL To End Centralized Sleeve Marketing

The German Football League (DFL) "has decided to end the centralized marketing of jersey sleeves at the end of the '16-17 Bundesliga season," according to Gabriel Wagner of SPONSORs. The DFL "made the announcement during its member meeting on Wednesday." The ruling "will allow clubs to market the ad ...

Tags: Marketing and Sponsorship, Europe

Hamburg Reports €16.9M Loss For '14-15

Bundesliga side Hamburg SV reported a loss of €16.9M for the '14-15 season, according to the SID. The figure represents the "worst financial result in the club's history." It is Hamburg's "fifth straight loss." Club Exec Chair Dietmar Beiersdorfer: "The HSV has battled relegation in three of th ...

Tags: Finance, Europe

Gary Neville Leaves Sky For Valencia

Former ManU defender Gary Neville's appointment as Valencia head coach sees him "leave Sky Sports with immediate effect," according to Liam Corless of the London DAILY MIRROR. Neville agreed to take charge of the La Liga club until the end of the season. He joined the Sky Sports team in '11 and ...

Tags: Media, Europe, United Kingdom

Rossignol Launches New Apparel Business

Winter sports equipment manufacturer Rossignol Group, with its brand Rossignol, introduced the new Rossignol Apparel lines, and appointed Alessandro Locatelli as CEO of its plans in the sportswear scene. The mission is to expand the appeal of the F ...

Tags: Marketing and Sponsorship, Europe

FIFA Reform Proposals To Pull U-Turn

FIFA execs "may face fixed terms of office and tougher checks following a U-turn on proposals about how the organisation is run," according to Richard Conway of the BBC. A "raft of other reforms will be discussed at a two-day meeting" of FIFA's exec committee in Zurich. Initially, committee rec ...

Tags: International Football, Europe

IAAF President Coe Grilled By MPs

IAAF President Sebastian Coe said that athletics "will not have a future as a sport unless it can re-establish its credibility after a series of doping scandals," according to Kate Allen of the FINANCIAL TIMES. Coe, who became IAAF president in August, told a committee of MPs that the sport’s ...

Tags: Leagues and Governing Bodies, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug