Featured Story

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...

Read More

Tags: Finance, United Kingdom

More Stories

03/27/17
Top Premier League Clubs Plot Reform

Established Premier League clubs "want to tighten the system of parachute payments" for relegated clubs to prevent "unscrupulous" owners "trousering" the "vast sums of money on offer," according to Jonathan Northcroft of the SUNDAY TIMES. Changes and "even cuts to parachute handouts are likely to be ...

Tags: International Football, United Kingdom

03/27/17
Rangers Exec Says Door Open

A "sensational summer deal" could end the "bitter dispute" between Mike Ashley and Scottish Premiership side Rangers over a branded merchandise contract which saw the club earn only seven pence for every £1 ($1.25) of goods sold by Ashley’s Sports Direct group, according to Roddy Forsyth ...

Tags: Marketing and Sponsorship, United Kingdom

03/27/17
Tottenham To Play 27 Matches At Wembley

Tottenham Hotspur will be able to play 27 matches at a "full-capacity Wembley next season" after Brent Council approved an increase in the number of "big events" that can be held at the national stadium by a majority of five to one, according to Ga ...

Tags: Events and Attractions, United Kingdom

03/27/17
Locals Deny Donald Trump's Claim

U.S. President Donald Trump has been accused of "failing to grasp reality" after claiming plans for a second golf course in Aberdeenshire have "already received the green light," according to Martyn McLaughlin of the SCOTSMAN. Trump's latest book boasts the new course has been "approved" by Abe ...

Tags: Facilities, United Kingdom

03/24/17
Everton Seeks £300M To Build Stadium

Premier League side Everton has taken "significant steps" toward building a new stadium on Liverpool's waterfront after agreeing to "a deal for Bramley Moore dock and receiving backing from the city council to act as guarantors" for the £300M ($375.5M)-plus loans required, according to Andy Hu ...

Tags: Facilities, United Kingdom

03/24/17
Rangers Posts £300,000 Six-Month Profit

Scottish Premiership side Rangers "announced an operating profit of £300,000 in its unaudited results" for the six months to Dec. 31, according to the BBC. This compares "favourably" to a loss of £500,000 in the same period in '15. Revenue increased by £5.3M year-on-year to reach & ...

Tags: Finance, United Kingdom

03/24/17
Man City Eyeing Uruguay's El Torque

A club in Uruguay is Man City's " latest objective " as it looks to continue to expand, according to CLARÍN. Uruguayan newspaper El País reported Man City owner City Football Group is eyeing El Torque, which competes in the Uruguayan second division. A group of European businessme ...

Tags: Franchises, United Kingdom, South America

03/24/17
Wakefield Rules Out Feathershare Groundshare

Super Rugby side Wakefield Chair Michael Carter "rejected a ground-sharing offer" from neighboring Championship side Featherstone, but still has not "decided on the club's future venue," according to Katie Shanahan of SKY SPORTS. Carter has a "big decision to make" as Wakefield plans to leave the cl ...

Tags: Facilities, United Kingdom

03/24/17
Sport England Announces Investments

Seven sports, including swimming and rugby league, "will benefit" from more than £27M ($33.8M) of additional grassroots funding, according to SKY SPORTS. Sport England announced its "latest major portfolio of investments" on Thursday, all of them "designed to get people playing sport regularly ...

Tags: Finance, United Kingdom

03/24/17
Eir Sport Secures Live GAA Coverage

The Gaelic Athletic Association and hurling club championships "received a major boost" with the news that eir Sport will broadcast up to 20 live games this season, according to the IRISH INDEPENDENT. The broadcaster secured a five-year deal that commences in May "with early rounds in both code ...

Tags: Media, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug