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U.K. Government Agrees To Cover Anticipated £30M Shortfall From National Lottery

Published in SportsBusiness Daily Global on 12 / 09 / 16

A "rescue package" has been agreed to that will lead to Britain’s Olympic sports "being spared funding cuts in the run-up to Tokyo 2020," according to Martyn Ziegler of the LONDON TIMES. The government has "agreed to cover an anticipated shortfall of National Lottery income" of more than &poun...

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Tags: Olympics, United Kingdom

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Bryant: Rugby Fans Being Ripped Off

With less than a month to go until the Rugby World Cup the Labour party has accused the government of "failing fans" by "refusing to ban ticket resale and unveiled research showing prices on the secondary market have soared" to more than 40 times face value, according to Owen Gibson of the London GU ...

Tags: Events and Attractions, United Kingdom

Russell Crowe Drops Interest In Leeds

Actor Russell Crowe "will not continue his interest" in taking over League Championship side Leeds United, according to ESPN. The Australian actor admitted earlier this year that he was growing "impatient" regarding the progress of the club's takeover, and revealed on Twitter that he would not follo ...

Tags: Franchises, United Kingdom

UTV Media Share Price Rices 10%

UTV Media, the owner of the ITV franchise for Northern Ireland, saw its share price "soar 10% in early trading after confirming it is in talks with ITV over the sale of its TV assets," according to Mark Sweney of the London GUARDIAN. The company, which is due to report its interim financial res ...

Tags: Finance, United Kingdom

West Ham's Brady Responds To Critics

EPL side West Ham Vice-Chair Karren Brady cut "to the heart of the matter" regarding Olympic Stadium, according to Martin Samuel of the London DAILY MAIL. Looking around an arena "now readying itself" for the Rugby World Cup, she said, "You see, anyone could have bought this. Leyton Orient, the Qata ...

Tags: Facilities, United Kingdom

Pirelli Fights Back After Vettel Tire Rant

Pirelli hit back at Sebastian Vettel’s claims that a burst tire "could have cost him his life during the final moments of the Belgian Grand Prix," according to Kevin Eason of the LONDON TIMES. Vettel launched an expletive-laden tirade against the Italian tiremaker after a puncture "cost him th ...

Tags: Leagues and Governing Bodies, United Kingdom

Folk2Folk To Fund Cornwall Stadium

Cornwall, U.K.-based peer-to-peer lender Folk2Folk "introduced funding to help kick-start the mixed-use development project that will help facilitate infrastructure for Cornwall's very own 6,000-seat sports stadium," according to WESTERN MORNING NEWS. The community stadium, which will be situat ...

Tags: Finance, United Kingdom

Kia Confident In Sports Sponsorship

With "a little help from its sports sponsorship," Kia Motors U.K. & Ireland President & CEO Paul Philpott is confident that "the company can make its mark," according to Andrew Cave of the London TELEGRAPH. Kia Motors is a sponsor of Surrey County Cricket Club and its Oval test cricket groun ...

Tags: Marketing and Sponsorship, United Kingdom

Leeds United, Newcastle Sign With Coral

League Championship side Leeds United announced a new partnership with bookmaker Coral, which will become the club's official betting and gaming partner, as well as sponsoring the North East Corner Stand. As part of the new partnership, Leeds United supporters will be able to access exclusive o ...

Tags: United Kingdom, Marketing and Sponsorship

BT Sport Wins Rights To Ashes

The shake-up of Australian cricket "continued apace after the country’s cricketing board handed the rights to games down under, including the next Ashes series, to BT Sport," according to Nic Fildes of the LONDON TIMES. The deal "has been signed after the conclusion of the Ashes with reports ...

Tags: Media, United Kingdom

UK Sport, Bupa Extend Partnership

Bupa UK will continue as the official health insurance partner of UK Sport for a further three years. The partnership has run for 13 years. The three-year deal means Bupa UK will continue to support UK Sport’s Athlete Medical Scheme, which provides access to specialist medical treatment, when ...

Tags: Marketing and Sponsorship, United Kingdom

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