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F1 CEO Ecclestone Fighting $1.57B Tax Bill As HMRC Reopens Family Trust Dispute

Published in SportsBusiness Daily Global on 05 / 22 / 15

F1 CEO Bernie Ecclestone is "fighting a tax bill" of more than £1B ($1.57B), after U.K. tax authority HMRC reopened a "long-running dispute over a family trust," according to Vanessa Houlder of the FINANCIAL TIMES. The high court heard on Thursday that Ecclestone had filed "three separate laws...

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Tags: Finance, United Kingdom

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Wigan To Build New Training Ground

Relegated EPL side Wigan Athletic Chair Dave Whelan "has bought a Lancashire golf course with the intention of developing it into the football club's new training ground," according to the BBC. A club spokesperson said work could begin on converting the 89-acre (36 hectare) Charnock Richard Golf Clu ...

Tags: Facilities, United Kingdom

ManU, Thai Telecom Agree To Partnership

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Tags: Marketing and Sponsorship, United Kingdom

Bolt Stars In Virgin Media Ad Campaign

Virgin Media "is to launch a new ad" starring Olympic Gold Medalist sprinter Usain Bolt Monday "in a bid to demonstrate how much faster the telecom giant's broadband is than other providers," according to Maisie McCabe of CAMPAIGN LIVE. In the campaign, created by Bartle Bogle Hegarty, "Virgin Media ...

Tags: Media, United Kingdom

Roman Abramovich Ten Years Later

Ten years after buying Chelsea for a bargain £60M plus £80M to pay off the debts, ROMAN ABRAMOVICH "can be regarded as one of the greatest influences in modern football," according to Matt Dickinson of the LONDON TIMES. Abramovich "was not the first foreign sugar daddy" -- MOHAMED AL ...

Tags: People and Pop Culture, United Kingdom

League Would Feed Murdoch's Networks

Media mogul Rupert Murdoch's proposed 16-team summer football tournament for '15 would feature games aired on U.K. pay-TV channel BSkyB, in which 21st Century Fox owns a 39% stake; the conglomerate's Sky Italia and Sky Deutschland; and some of the company's Fox Int'l Channels networ ...

Tags: Media, United Kingdom

Program To Help Glasgow Secure Games

A global exchange project is part of a £15M ($22.8M) program "to help Glasgow secure the 2018 Youth Olympic Games," according to Rachel Loxton of the Glasgow EVENING TIMES. Organizers "want 50 young people from the five continents to live in Scotland's biggest city for a year" to develop a &po ...

Tags: Olympics, United Kingdom

Tartan Design Hits Scotland Ryder Cup

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Tags: Events and Attractions, United Kingdom

Vodafone, EE In Dispute Over F1 Car Ads

Vodafone and EE "became embroiled in a war of words at the British Grand Prix over the weekend, after fellow mobile operator EE demanded Vodafone remove what it claims was an ad promoting 'Ultrafast 4G' from the Vodafone McLaren Mercedes cars," according to Alex Brownsell of MARKETING MAGAZINE. A Vo ...

Tags: Media, United Kingdom

Newcastle Duo Will Wear Sponsor's Logo

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Tags: Marketing and Sponsorship, United Kingdom

Rangers Still Facing Europe Exile

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Tags: Franchises, United Kingdom

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