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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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05/09/14
3.6 Billion Expected To Follow World Cup

Brazil's Tourism Ministry on Wednesday released a study predicting that approximately 3.6 billion people worldwide -- "nearly half the population of the planet" -- will follow the World Cup via TVs, cell phones or other devices receiving a TV signal, according to the EFE. The "predicted number" is 1 ...

Tags: Media, Brazil

05/08/14
Pelé Still An Endorsement Stronghold

Despite his "stature as one of history's greatest and most popular athletes, Pelé and a new team of handlers have been scrambling to reverse decades of mismanagement and bad business deals, shoring up a formidable brand in time to bask in the spotlight of international sports when it shines o ...

Tags: Marketing and Sponsorship, South America

05/08/14
Brazil Sports Minister Attacks English

Brazil Sports Minister Aldo Rebelo made a series of "provocative comments" on the English as he sought to defend his country’s "serious" security problems ahead of the World Cup, according to Tony Bonnici of the LONDON TIMES. Playing down the negative headlines, Rebelo said the outbreaks of vi ...

Tags: International Football, Brazil

05/08/14
New AFA Structure Raises Concerns

When the Argentine FA approved of the organization of a "new structure in the top division," national government officials "did not believe the new system would receive backing from club directors," according to Argüelles & Lanzillotta of CLARIN. Money was "one of the primary concerns for c ...

Tags: International Football, South America

05/08/14
Estadio Das Dunas Passes World Cup Test

The Estadio das Dunas staged its third World Cup test event on Saturday, with ABC defeating America-RN 2-0. The tests carried out by the Brazil 2014 Organizing Committee revealed that the stadium is all but ready for the tournament, which gets under way on June 12. In all, 10 operational areas were ...

Tags: Facilities, Brazil

05/07/14
World Cup Fans Have Hotel Options

Fans considering a trip to Brazil for the World Cup will see hotel prices are not as bad as some might think, according to World Cup Camping Rio co-Founder Andy Allan, who said that the large number of accommodation choices kept prices down. “I don’t think that people are being too silly ...

Tags: Events and Attractions, Brazil

05/07/14
Sponsors Included In World Cup Stickers

For the first time, among packs containing images of World Cup stars such as Lionel Messi and Cristiano Ronaldo, "fans in certain areas also will find stickers bearing the logos of World Cup sponsors," according to Panja & Spinetto of BLOOMBERG. In Brazil, "where a collection frenzy takes place ...

Tags: Marketing and Sponsorship, Brazil

05/05/14
NZ Olympic Chief: 'No Hiding' Rio Problems

New Zealand Olympic Chef de Mission Rob Waddell said "there is no hiding" from the problems facing the 2016 Rio Olympics, but believes there is still "potential for a great Games," according to Simon Plumb of FAIRFAX NZ NEWS. Waddell said two years out from the event, Olympic Park -- which typicall ...

Tags: Olympics, Brazil

05/02/14
Medical Chief: Water Sports At Risk In Rio

Poor water quality "is shaping as the biggest health risk for athletes" at the Rio Olympics in '16, according to Nicole Jeffery of THE AUSTRALIAN. The national sailing team "will be the first group of Australian athletes to test the waters in Rio." Sailing officials and team medical staff ­acknowled ...

Tags: Olympics, Brazil

05/01/14
World Cup Tickets Explode On Secondary Market

World Cup final tickets "are being advertised" for more than $40,000 "on the secondary market by holders ignoring a threat" from FIFA to "void those not resold via the tournament organizer," according to Tariq Panja of BLOOMBERG. The cheapest ticket to the July 13 final at Rio de Janeiro’s Mar ...

Tags: Events and Attractions, Brazil

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