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Executive Transactions

Published in SportsBusiness Daily Global on 11 / 26 / 14

The Greek Super League elected Asteras Tripolis President GIORGOS BOROVILOS as president on Monday "after he secured 13 votes out of the 16 teams in the league," with Panthrakikos President DIMITRIS TZELEPIS elected as his deputy ( REUTERS, 11/25 ). ... The NBA announced that JAN MENNEKEN h...

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03/28/14
Violence Plagues World Cup Host

Tensions "are running high" in Rio de Janeiro, according to Samantha Pearson of the FINANCIAL TIMES. Last week "the captain of the favelas’ new so-called pacification police unit, the UPP, was shot" -- the latest in a wave of attacks against police that comes less than 80 days before hundreds ...

Tags: Events and Attractions, South America

03/28/14
River Plate To Create Trust To Address Debt

Argentine first division side River Plate Treasurer Andrés Ballotta said of River's economic situation when he joined the club, "They papered the country with checks," according to OLE. River's execs "had to look for various ways to address its debts because of this." As well as "generating n ...

Tags: Finance, South America

03/27/14
Dakar Rally Announces New Route For 2015

The Dakar Rally announced that next year's edition will start on Jan. 3 at the Plaza de Mayo square in Buenos Aires and the looped route will end in the same city on Jan. 17, according to LOS ANDES. Dakar Rally Dir Etienne Lavigne said that the race's seventh South American edition will pass through ...

Tags: Events and Attractions, South America

03/27/14
Sao Paulo Stadium Remains Unfinished

At the Corinthians Arena in Sao Paulo, which will host the World Cup's opening game on June 12, "giant yellow-colored steel girders prop up the roof, thousands of seats remain to be installed, the video screens have yet to be mounted and the dressing rooms lack any trace of furniture," according to ...

Tags: Facilities, Brazil

03/26/14
Porto Alegre Warns Of World Cup Funding

The mayor of the Brazilian city of Porto Alegre "has warned the city may drop out of the World Cup unless it makes a crucial decision this week on financing for temporary structures at the Beira Rio stadium," according to Andrew Downie of REUTERS. Mayor Jose Fortunati "encouraged the city council to ...

Tags: Facilities, Brazil

03/26/14
Argentine Club Has Trophies Embargoed

An Argentine court has embargoed second division side Independiente's "trophies won throughout the club's history" over $300,000 in owed payments "being demanded by footballer Luciano Leguizamón," according to the DPA. Leguizamón, who currently plays for Chilean first division side Eve ...

Tags: Finance, South America

03/26/14
Brazil Still Using Sex To Sell Football

One month after officials condemned adidas for selling T-shirts that "linked Brazil's image to sexual appeal," the practice of using sex to sell football "continues unabashed at the home of the 2014 World Cup," according to Andrew Downie of REUTERS. Not only do football federations "host their own b ...

Tags: Marketing and Sponsorship, Brazil

03/25/14
Mediapro Eyes Latin American F1 Channel

Spanish multimedia group Mediapro "plans to start a regional 24-hour Formula One channel after acquiring the series' rights for most of Central and South America and the Caribbean," according to Alex Duff of BLOOMBERG. Mediapro said in an e-mailed statement that it "bought the free-to-air and pay-TV ...

Tags: Media, South America

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 ...

Tags: Olympics, Brazil

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