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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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Ironman To Expand Events Portfolio

Ironman is planning to continue its global expansion by adding other endurance sports, beyond triathlon, to its event portfolio, company CMO Chris Stadler said. Ironman’s parent company, World Triathlon Corp., was acquired by China’s Dalian Wanda Group in Aug. ’15 in a $650M deal. ...

Tags: Franchises, North America, China

Liga MX Clubs To Form Women's League

Liga MX President Enrique Bonilla said that the league's 18 clubs have agreed to start a U23 women's league "to strengthen the game in Mexico" and help El Tri's national teams, according to Tom Marshall of ESPN.com. Each squad will have 21 players, with the age limit set at the U23 level. Four ...

Tags: Leagues and Governing Bodies, North America

COC Signs Sid Lee To Four-Year Contract

Sid Lee has won a four-year contract as creative agency of record for the Canadian Olympic Committee, giving the int'l marketing shop control of Team Canada's campaigns for the 2018 PyeongChang and 2020 Tokyo Games. Sid Lee replaces Cossette, which developed the "Now or Never" brand campaign for the ...

Tags: Olympics, North America

NFL To Make Decision Before SB

The NFL will decide prior to the Super Bowl whether it will return to Mexico City for another regular-season game after the Oakland Raiders beat the Houston Texans 27-20 Monday night at Estadio Azteca, according to ESPN's John Sutcliffe. NFL Commissioner Roger Goodell on Monday did not confirm a ret ...

Tags: Leagues and Governing Bodies, North America

NFL Hoping For More Games In Mexico

Eleven years ago, when the NFL played its first regular-season game outside the U.S., it was in Mexico City in front of more than 103,000 people -- "a resounding statement that football could travel," according to Judy Battista of NFL.com. The lure of London "was strong, though -- the bigger market, ...

Tags: Leagues and Governing Bodies, North America

U.S., Canada To Host 2025 World Cup

North America has been "given the go-ahead to host" the 2025 Rugby League World Cup, according to the PA. The U.S. and Canada will host the tournament after the Rugby League Int'l Federation "endorsed the recommendation of its board to take the 17th World Cup outside the sport’s traditional ...

Tags: Events and Attractions, North America

Toronto Owner Trying To Lure NRL Players

A millionaire Australian businessman is "ready to upset" the National Rugby League landscape by "offering rugby league stars a surprise new home -- Toronto, Canada," according to Nick Walshaw of the Sydney DAILY TELEGRAPH. West Australian ...

Tags: Franchises, Australia, North America

Notts County Takeover Talks Ongoing

Sources said that negotiations "are progressing well" between League Two side Notts County and a "consortium led by a member of the billionaire family" who used to own the MLB New York Yankees, according to SKY SPORTS. Joseph Molloy "is understood to be heading the consortium -- he was managing ...

Tags: Franchises, United Kingdom, North America

MLS Clubs Targeting ManU Players

ManU's Wayne Rooney has been "identified as a possible target" by L.A. FC, Major League Soccer’s latest franchise, according to Paul Hirst of the LONDON TIMES. L.A. FC will enter the MLS in '18, "when Rooney’s contract at Old Trafford is due to expire." ManU still has the option to exten ...

Tags: International Football, North America, United Kingdom

How Best To Grow Rugby In U.S.

The CEO of World Rugby and the N.Y. financier who built an American professional rugby competition fell into disagreement about how best to grow rugby in the U.S. Brett Gosper, the CEO of World Rugby and Doug Schoninger, CEO of PRO Rugby, were at odds over whether having overseas teams play in the U ...

Tags: Leagues and Governing Bodies, North America, United Kingdom

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