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U.S. Banks Carving Out Niche By Financing Top European Clubs' Stadiums

Published in SportsBusiness Daily Global on 06 / 23 / 17

U.S. banks that have carved out a "lucrative niche financing the construction and renovation of sports stadia are making a push into Europe," according to Davies & Slater of REUTERS. Goldman Sachs and Bank of America Merrill Lynch "dominate the sector," using stock and bond issues, the sale...

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Tags: Finance, North America, Europe

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Bayern-Schalke Game Draws 1M On Sky

German pay-TV network Sky Deutschland recorded more than 1 million viewers for its broadcast of the Bundesliga game between Bayern Munich and Schalke on Saturday, according to Alexander Krei of DWDL. The game drew a 6.8% market share in the target demographic 14-49. Bayern's 3-1 win attracted 1.04 m ...

Tags: Media, Europe

Hoffenheim Increases Revenue By 8%

Bundesliga club TSG Hoffenheim "was able to increase its revenue" by more than 8% during the '14-15 campaign, according to Nils Wollenschläger of HEIDELBERG24. The club reported a revenue of €71.5M for '14-15, which is close to 8.3% more than during the previous season. Hoffenheim reduced ...

Tags: Finance, Europe

UEFA Accused Of Accepting Doping

Arsenal Manager Arsène Wenger accused UEFA of "accepting doping in football after there was no team punishment" against Croatian football club Dinamo Zagreb despite one of its players failing a drug test following its Champions League win against Arsenal earlier this season, according to ...

Tags: International Football, Europe

Blatter, Platini To Face Ruling

FIFA's ethics judges said on Monday that "they were aiming to decide the fate" of suspended President Sepp Blatter and UEFA President Michel Platini by the end of December, "following an investigation into graft allegations," according to Simon Evans of REUTERS. The investigation into the 2M Swiss f ...

Tags: International Football, Europe

Davis Cup Final To Go Ahead As Planned

The Int'l Tennis Federation announced that this weekend's Davis Cup final between Belgium and Great Britain "will go ahead as planned," according to the London GUARDIAN. A statement from the governing body on Monday confirmed that "the tie, scheduled to begin on Friday in Ghent, will take place ...

Tags: Events and Attractions, Europe

Volkswagen Considers Ending Deals

Bundesliga clubs Hannover 96, Werder Bremen and Schalke 04 as well as second division club 1860 Munich "are on the list of sponsorships Volkswagen AG is considering dropping to cut costs amid its emissions scandal ," according to REUTERS. Volkswagen, Europe’s largest carmaker, "is battling th ...

Tags: Marketing and Sponsorship, Europe

Real Fans Cheer For Andres Iniesta

Almost "exactly 10 years after it first occurred," the "previously unthinkable" happened again on Saturday -- Real Madrid fans "got to their feet to applaud a Barcelona player" during the Clásico even though Real Madrid was losing, according to REUTERS. Instead of the "usual vitriol" Bar ...

Tags: Franchises, Europe

Marketers To Capitalize On Football In U.S.

With a series of UEFA Champions League fixtures lined up for the coming weeks, sports marketers "are poised to capitalise on the buzz around football" -- particularly in the U.S., according to ADOBE DIGITAL INDEX. Adobe Digital Index data revealed that American interest in football "is rapidly accel ...

Tags: Marketing and Sponsorship, Europe, North America

2024 Olympic Bid Cities: Rome

Luca Pancalli, VP of Rome 2024, says the city has a "unique cultural history" that will present athletes with a chance "to live the Olympic spirit." The Italian capital last hosted the Olympics in '60. Pancalli, who is also the president of Italian Paralympic Committee, answered a series of question ...

Tags: Olympics, Europe

ARD, ZDF Secure EHF Euro Rights

Handball "will return to free-to-air TV in Germany after public broadcasters ARD and ZDF acquired the rights for the next two European championships," according to Manuel Weis of QUOTENMETER. Sports rights agency SportA, which is owned by the broadcasters, confirmed on Thursday that it "secured the ...

Tags: Media, Europe

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