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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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Hangin' With ... Eric Ratchman

ERIC RATCHMAN is the EVP, content distribution of Univision Communications. Following roles at ESPN and Accenture, which he described as being at the "intersection of technology and business," he joined Univision for the opportunity to be involved with all aspects of content distribution. Ratchman ...

Tags: People and Pop Culture, North America

Delta, AeroMexico Partner With FMF

Delta Air Lines and AeroMexico signed a multi-year sponsorship with the Mexican Football Federation (FMF). The sponsorship makes Delta and AeroMexico the official airline partners of the Mexican national team. The deal aims to deliver fan experiences, community engagement and unique online cont ...

Tags: Marketing and Sponsorship, North America

Indy 500 Test Draws 2 Million-Plus

Live coverage on the internet of Formula 1 driver Fernando Alonso's first IndyCar test attracted more than 2 million views on Wednesday, "as interest in the Spaniard’s progress captured the attention of fans," according to Jonathan Noble of MOTORSPORT. Although Alonso's first experience a ...

Tags: Media, North America

Veteran NBA Exec Rachel Jacobson Leaving

Veteran NBA exec RACHEL JACOBSON is leaving her job as SVP, global partnerships on June 30. Jacobson, who joined the NBA in '96 as part of the league's first management training program, is leaving to explore other opportunities. Her replacement has not yet been named. "I've had an extraordinary o ...

Tags: People and Pop Culture, North America

R&A, USGA To Review Greens-Reading Aids

The R&A and the USGA issued a joint statement on Monday stating that they will be "reviewing the materials that players have at their disposal when it comes to reading greens," according to Nick Rodger of the HERALD SCOTLAND. Rule 14-3 in the "vast bible of golfing laws" limits the use of equipm ...

Tags: Europe, Leagues and Governing Bodies, North America

USACA Facing Expulsion From ICC

The United States of America Cricket Association faces expulsion from the Int'l Cricket Council in June, the sport's global governing body said on Monday, according to Aditi Prakash of REUTERS. USACA was suspended in '15 with several reinstatement conditions after the ICC found that the organiz ...

Tags: Leagues and Governing Bodies, North America

Red Stripe Pulls Jamaican League Coverage

Jamaican football side Montego Bay United Chair Orville Powell's "insistence that money owed to his club be paid" has led to sponsor brewer Red Stripe "pulling the plug on broadcast coverage" of the National Premier League, according to Marc Stamp of the JAMAICA STAR. A Red Stripe release on Thursda ...

Tags: Marketing and Sponsorship, North America

Video Evidence In Golf To Be Limited

The use of video evidence in golf is "to be limited in the wake of incidents like the one that cost Lexi Thompson victory in a women's major earlier this month," with the "naked eye" being the "determining factor when it comes to rules" rather than TV technology, according to Martin Dempster of the ...

Tags: Europe, Leagues and Governing Bodies, North America

ACBJ Acquires Full Interest In Leaders

American City Business Journals, parent company of SportsBusiness Journal/Daily/Global, has acquired the remaining 50% interest in London-based Leaders that it did not own. ACBJ acquired an initial 50% in Leaders in Aug. '14 . Leaders produces sports business summits in London and N.Y. and will be ...

Tags: Finance, North America, United Kingdom

Puma Off To Strong Start In Americas

Puma, which sponsors Usain Bolt, said on Tuesday that its businesses in the Americas and Europe "had a strong start to the year," according to James Shotter of the FINANCIAL TIMES. The German sportswear group said earlier this month that it had made an operating profit of €70M ($76.5M) in ...

Tags: Finance, Europe, North America

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