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Wasserman Media Secures $100M Investment From Madrone Capital Partners

Published in SportsBusiness Daily Global on 09 / 16 / 14

Wasserman Media Group has received a $100M "investment from Silicon Valley-based Madrone Capital Partners," an investment group funded by the Wal-Mart-founding Walton family, according to Tripp Mickle of SPORTSBUSINESS JOURNAL. The investment is "the second that Wasserman Media Group has taken since...

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Tags: Media, SEC, Wasserman Media Group, ING, ACC, GE, CES, GMAC, South America, Europe

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03/25/14
Fewer Than Half Of Brazilians Favor WC

Eighty days before the World Cup in Brazil, a survey found that "fewer than half of the host country’s citizens are positive about the monthlong event," according to Tariq Panja of BLOOMBERG. Twenty-four percent of people interviewed by Sao Paulo-based Datafolha said the tournament would be &l ...

Tags: Events and Attractions, Brazil

03/24/14
Rio Games Face 'Crucial' Budget Meeting

An inspection group from the IOC told organizers of the 2016 Rio de Janeiro Games that "the time for talking is over and that crucial decisions need to be made," according to Panja & Duff of BLOOMBERG. In January, Brazilian authorities said that they "would be spending" at least 5.6B reais ($2.4 ...

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03/24/14
FIFA Apologizes To Brazil For 'Advice'

FIFA performed an "embarrassing U-turn on Saturday and apologized, saying it had withdrawn publicity material for the World Cup in Brazil that poked fun at local customs," according to the AFP. FIFA removed material which "depicted Brazilians as unpunctual, impatient and even chaotic." Having "regul ...

Tags: Events and Attractions, Brazil

03/24/14
FIFA: Impasse Resolved Over Stadium

FIFA said on Friday that a financial impasse that has threatened to cause more delays at Sao Paulo's World Cup stadium "has been resolved," according to Brian Homewood of REUTERS. The Itaquerao stadium, "being built by the Corinthians club, is due to open on April 15, nearly four months after the De ...

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03/24/14
Argentine Tax Agency Head Meets Blatter

Argentina tax agency head Ricardo Echegaray met with FIFA President Sepp Blatter to tell him how football teams "are evading taxes" in the $3.7B player trading market, according to Panja & Duff of BLOOMBERG. Echegaray has traveled to the football ruling body’s headquarters in Zurich to inf ...

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03/24/14
IndyCar Looks To Return To Brazil

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03/24/14
Brazil To Declare No-Fly Zone

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03/21/14
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