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Glazer Family To Raise More Than $150M By Selling 8 Million Manchester United Shares

Published in SportsBusiness Daily Global on 07 / 31 / 14

The Glazer family is selling about 5% of its holding in ManU, "taking advantage of the club’s rising share price" on the back of its £750M ($1.2B) kit supply deal with adidas, according to Roger Blitz of the FINANCIAL TIMES. ManU "will begin a roadshow next week" offering 8 million Class...

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Tags: Europe, United Kingdom

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07/31/14
Argentina's Ban On Visitors To Continue

Argentine Security Secretary Sergio Berni confirmed that fans "will have to keep waiting to be able see their teams play as visitors," according to Gustavo Yarroch of CLARIN. He "explained that it is a measure 'in solidarity' with the 'security emergency' that the province of Buenos Aires is facing. ...

Tags: International Football, South America

07/31/14
LFP World Challenge Continues In Chile

Before the conclusion of La Liga side Valencia's preseason tour as part of the Spanish Football League (LFP) World Challenge, many of the team's players and execs participated in the latest LFP World Challenge "Spain Experience" event in Santiago on Tuesday. The Spanish Institute for Foreign Trade ( ...

Tags: Events and Attractions, North America, South America

07/29/14
Rio Organizers Say Games On Course

The organizers of the 2016 Rio Games "have labelled criticism of their preparations by a senior IOC figure 'as ill-informed and wrong' and said they are now on course to meet their targets," according to the PA. Next week marks two years to go to the start of the Games, and Rio Games Communications ...

Tags: Olympics, Brazil

07/29/14
Argentina Basketball Boss Steps Down

Argentine Basketball Confederation (CABB) President Daniel Zanni's resignation after 18 days in the role, "along with a promised audit and the scheduling of an election of a new president," will allow the Argentine national team to compete in the FIBA World Cup starting Aug. 30 in Spain, according t ...

Tags: South America, Leagues and Governing Bodies

07/28/14
Athletes To Carry Out Own Water Tests

Athletes concerned about pollution in Rio de Janeiro’s Guanabara Bay that will be used for the summer Olympic sailing competitions "will carry out their own water tests next week," according to Tariq Panja of BLOOMBERG. Int'l squads "are traveling to Brazil for the 2016 Games’s first tes ...

Tags: Olympics, Brazil

07/25/14
Study: 30% Think Nike Was WC Sponsor

Research firm GlobalWebIndex found out that Coca-Cola, McDonald's, Visa and adidas "were the most recognised sponsors of the World Cup in Brazil," achieving recognition among 50%, 39%, 41% and 36% of U.K., U.S. and Brazilian consumers respectively, according to Ben Bold of MARKETING MAGAZINE. Howeve ...

Tags: Marketing and Sponsorship, Brazil

07/25/14
BOC To Spend $600M On 2016 Games

Brazil's Olympic Committee will spend a record $600M in an attempt to "secure a top 10 medals ranking when the Summer Games take place in Rio de Janeiro" in 16, according to Tariq Panja of BLOOMBERG. Through a "combination of public and private funding, the country will prepare 400 athletes with the ...

Tags: Olympics, Brazil

07/22/14
Ecuadorian Footballers Announce Strike

Ecuadorian Footballers' Association (AFE) Manager Jorge Guzmán announced on Sunday that Ecuador's professional football players will go on strike on Wednesday. Guzmán said, "It's confirmed. There will be no championship games on Wednesday or next Sunday. There won't be any games played ...

Tags: International Football, South America

07/21/14
Nike Tells Brazil To Forget World Cup

With the country "still smarting after its ignominious exit from this summer's World Cup, Nike is encouraging Brazilians to forget about that 7-1 thrashing by Germany and look forward to future glory" at the 2016 Rio Games, according to Alex Brownsell of MARKETING MAGAZINE. The 60-second film " ...

Tags: Marketing and Sponsorship, Brazil

07/17/14
América President Confirms Pachuca Talks

Colombian second division side América de Cali President Oreste Sangiovanni confirmed that his club is "in negotiations with Mexican conglomerate Grupo Pachuca ," according to EL UNIVERSAL. Sangiovanni: "I spoke with [Pachuca-owned Liga MX side Leon President] Jésus Martínez an ...

Tags: Franchises, South America

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