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Gao Receives China-Backed Bank Funding For Southampton Takeover

Published in SportsBusiness Daily Global on 08 / 18 / 17

Premier League side Southampton's new owner funded his £200M ($257.5M) takeover of the club "with a loan from a Chinese government-backed bank in Hong Kong," people familiar with the matter said, according to BLOOMBERG. A Chinese investor g...

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R&A Disputes McIlroy On Anti-Doping

Golf’s rulemakers "dismissed Rory McIlroy’s claim that the sport lags behind others at the Olympics when it comes to anti-doping but said their discussions about improving the situation were nothing to do with the public," according to Larry King of REUTERS. On the eve of the British Ope ...

Tags: Leagues and Governing Bodies, United Kingdom

Court Dismisses Case Against RBS

A N.Y. state court judge on Tuesday dismissed the five-year-old case against Royal Bank of Scotland for its role in the controversial sale of Liverpool. Mill Financial, a lender to the club at the time of the '10 sale, contended RBS had orchestrated a below market sale, thereby wiping out the U.S. l ...

Tags: Franchises, United Kingdom, North America

UTV Ireland To Be Sold To Virgin Media

Ireland's newest TV channel UTV Ireland "is to be sold to Virgin Media, which also owns rival station TV3," according to THE JOURNAL.IE. Virgin Media is paying €10M ($11.1M) for the TV station, which was sold to ITV just nine months ago. The sale "will take several months to get the g ...

Tags: Finance, United Kingdom

New Female-Focused Agency Launches

Emerge Sports Management has been created to work with talented female athletes to enhance their off-the-field marketing, communications and commercial success. The new agency will work with a select group of athletes to develop their marketing and PR strategies that, aligned with their sportin ...

Tags: Marketing and Sponsorship, United Kingdom

Henry To Leave Arsenal Coaching Role

Arsenal Manager ARSÈNE WENGER  "rejected an offer" from former Arsenal player THIERRY HENRY to work for the club for free, according to Matt Law of the London TELEGRAPH. Henry "was offered a job" coaching Arsenal’s U18s by head of the academy ANDRIES JONKER , only to be "person ...

Tags: People and Pop Culture, United Kingdom

UKAD Chair Admits Agency Made Mistakes

UK Anti-Doping Chair David Kenworthy has admitted that UKAD made a "ghastly mistake" in its handling of a probe into the role of a doctor accused of supplying banned drugs to athletes, according to Shravanth Vijayakumar of REUTERS. The Sunday Times reported in April that Dr. Mark Bonar "prescri ...

Tags: Leagues and Governing Bodies, United Kingdom

WSL Switching To Winter Season

The English Women’s Super League is to be "switched from a summer to a winter calendar," according to Louise Taylor of the London GUARDIAN. It represents a "radical shift in thinking" at the FA that has been driven by a "determination to offer England women the best chance of succeeding at maj ...

Tags: Events and Attractions, United Kingdom

Murray's Wimbledon Victory Draws 13M

Andy Murray’s second Wimbledon triumph "was watched by more than 13 million viewers on BBC1, but not quite as many as saw Portugal beat France in the final of Euro 2016," according to John Plunkett of the London GUARDIAN. Murray’s straight-sets win over Milos Raonic drew an average of 9. ...

Tags: Media, Europe, United Kingdom

Essex Hopes To Host T20 Cricket Matches

Essex County Cricket Club CEO Derek Bowden said that the club hopes "to host T20 cricket matches in the Olympic Stadium" in '18, according to the BBC. Essex has been in talks "for a number of years regarding the stadium," home of EPL club West Ham, from August. Bowden: "The objective is to play ...

Tags: Facilities, United Kingdom

Sky Ready To Take Over Open Coverage

When former Royal & Ancient Golf Club CEO Peter Dawson "swept away 60 years of tradition on the BBC and contentiously ushered in a new era for live broadcasting of The Open," he did so with the words, "Believe me, if you had the same information, you would have made the same decision," ...

Tags: Media, United Kingdom

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