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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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11/19/14
Academic Warns Of Dementia Risk

A Welsh academic said that "multiple blows to the head from playing rugby may accelerate" brain aging and "potentially lead to early dementia," according to the BBC. Professor Damian Bailey carried out research on 280 current and retired players. The Int'l Rugby Board "already accepts there could be ...

Tags: Leagues and Governing Bodies, United Kingdom

11/18/14
England, S. Africa To Play Test Series

A small group of England cricketers "will spend more than two months living out of their suitcases on a 2015-16 tour to South Africa that will span four Tests, five one-day internationals and two Twenty20 matches," according to Josh Burrows of the LONDON TIMES. The tour starts on Dec. 11 next year a ...

Tags: Events and Attractions, United Kingdom

11/18/14
RFU Reports Revenue Decrease Of $3.6M

The Rugby Football Union "has reported a small decrease in group revenue" with turnover for '13-14 falling £2.3M ($3.6M) to £152.2M ($238M), according to the BELFAST TELEGRAPH. The total investment into rugby was £75.3M ($118M), up 13% on '12-13, "with a substantial proportion of t ...

Tags: Finance, United Kingdom

11/18/14
ManU To Reveal Financial Figures

ManU "will on Tuesday reveal the first definitive figures on the financial cost of missing out on the Champions League," according to Martyn Ziegler of the PA. The club has estimated revenues "will fall this season" by between £38M ($59M) and £48M ($75M) -- a drop of between 8.77% and 11 ...

Tags: Finance, United Kingdom

11/18/14
Caterham Accused Of 'Burying Bad News'

Caterham’s administrators "have been accused of cynically 'burying bad news' by flaunting the success of their fans donations scheme on the day they laid off all 200 staff," according to Daniel Johnson of the London TELEGRAPH. Despite still being £400,000 ($626,000) short of their "crowd ...

Tags: Franchises, United Kingdom

11/18/14
EPL Crystal Palace Briefs Questioned

Leading Green Party politician Darren Johnson is demanding that London Mayor Boris Johnson "release the briefs given to two architects working on projects" around EPL side Crystal Palace, according to Elizabeth Hopkirk of BD ONLINE. Architecture 00 and GT Architects have both been commissioned by th ...

Tags: Facilities, United Kingdom

11/17/14
Ecclestone Talks About F1 Brand

Scathingly sanguine "about the financial woes of lesser teams, casually chauvinistic and claiming to open doors for governments," F1 CEO Bernie Ecclestone "pulled no punches" in an interview with CAMPAIGN ASIA-PACIFIC Brand Dir Atifa Silk. Ecclestone "is under assault on several fronts." The futures ...

Tags: Marketing and Sponsorship, United Kingdom

11/17/14
Caterham Raises $2.9M To Race In Final

The Caterham F1 team said that "it raised enough money from a crowd-funding website to compete at the Nov. 23 season-ending race in Abu Dhabi," according to Alex Duff of BLOOMBERG. The team was seeking to raise £2.35M ($3.7M) on Crowdcube Ltd.’s website. The team had raised £1.87M ...

Tags: Franchises, United Kingdom

11/17/14
London Wasps Complete Ricoh Takeover

Premiership Rugby side London Wasps have "completed the full purchase" of the Ricoh Arena in Coventry, according to the BBC. In October, the Premiership team bought Coventry City Council's 50% stake in the stadium, "and they have now acquired the remaining shareholding from the Alan Edward Higgs Cha ...

Tags: Facilities, United Kingdom

11/17/14
SuisseGas Partners With Manchester City

Suisse Power & Gas SA (SuisseGas) has been unveiled as Man City’s newest commercial partner. SuisseGas secured the naming rights for the new community bridge linking the Etihad Stadium with the soon-to-be-opened City Football Academy, extending the Etihad Campus. The new bridge, designed b ...

Tags: Marketing and Sponsorship, United Kingdom

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