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Russian Economic Crisis Drives Transfer Market Spending To 14-Year Low

Published in SportsBusiness Daily Global on 03 / 04 / 15

Russian Premier League clubs’ transfer spending in this year’s winter window hit a 14-year low. The Premier League's 16 clubs spent only €6M on transfers between them, the lowest figure for a winter transfer campaign since '01 and a drastic decline from €39M spent in the winter...

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Tags: International Football, Russia

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Sport Contributes Hugely To U.K. Economy

Sport’s contribution to the English economy was revealed to be £20.3B ($31B) a year, with grassroots sport responsible for well over half of this total. The study, which was commissioned by Sport England, shows that the growth in sport has outstripped the English economy as a whole -- an ...

Tags: Finance, United Kingdom

Scottish Greens Wants First Refusal For Fans

Football supporters "could be first in line to buy their clubs if they are put up for sale under a proposal" by the Scottish Greens political party, according to the HERALD SCOTLAND. The party wants "fan groups to be given first refusal on any sales to make clubs more representative of communities a ...

Tags: International Football, United Kingdom

Women's Tour Of Britain To Offer 'Parity'

The women's Tour of Britain, to be launched next year by SweetSpot, will be "a five-day event in the east of the country, probably with a date in May, and with daily coverage on terrestrial television," according to William Fotheringham of the London GUARDIAN. It will attempt, "most critically," to ...

Tags: Events and Attractions, United Kingdom

Battle For Control Of Rangers Intensifies

Scottish Premier League Second Division Rangers Manager Ally McCoist has branded former CEO Charles Green "an embarrassment," according to Rachel Loxton of the HERALD SCOTLAND. The "scathing attack on Green came just a day after the businessman, who stepped down from his former job with the club in ...

Tags: Franchises, United Kingdom

Rugby May Cause Early Onset Dementia

Brain injuries expert Dr. Willie Stewart "has discovered what he believes to be the first confirmed case of early onset dementia caused by playing rugby," according to the BBC. Stewart said the discovery suggested "one or two" players competing in the Six Nations every year may go on to develo ...

Tags: Leagues and Governing Bodies, United Kingdom

Tour Of Britain To Air On ITV4, British Eurosport

The Tour of Britain "will now be shown live on ITV4 and British Eurosport," according to John MacLeary of London TELEGRAPH. The news came 48 hours after race organizers SweetSpot were handed a five-year contract extension to run the race after British Cycling had, in Dec. '12, "put the race out to t ...

Tags: Media, United Kingdom

London Irish To Partner With Crest Nicholson

The London Irish Rugby Club and Crest Nicholson have agreed to a four-year sponsorship agreement which also sees the recently listed housebuilder become the club's partner in the redevelopment of its Sunbury training ground. In tandem with the sponsorship agreement, Crest Nicholson and London Irish ...

Tags: Marketing and Sponsorship, United Kingdom

Sports Drink Maker To Join AIM

Sports drink maker Science in Sports, which supplies Olympic athletes and has Gold Medalist Chris Hoy as a brand ambassador, "is poised to join AIM this week," according to Andrea Felsted of the FINANCIAL TIMES. The company will debut on the London Stock Exchange's junior market on Friday "when it d ...

Tags: Finance, United Kingdom

Administrators Reveal Hearts Total Debt

Scottish Premier League Heart of Midlothian administrators BDO have revealed that the club owes £28.5M ($43M) after "sending a ­detailed report of the club’s debts to all 200 creditors," according to Darren Johnstone of the SCOTSMAN. The full extent of Hearts’ ­financial predicamen ...

Tags: Franchises, United Kingdom

City Planners Approve New Rugby Stadium

A new rugby stadium with capacity for 5,000 spectators "will be built in north Edinburgh after city planners approved the contentious proposals," according to Rory Reynolds of the SCOTSMAN. Edinburgh Academicals, the second-oldest club in the U.K., will build the £8M ($12M) facility on the sit ...

Tags: Facilities, United Kingdom

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