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Chinese Property Developer Wanda Group Eyes 30% Stake Of Serie A Club AC Milan

Published in SportsBusiness Daily Global on 02 / 27 / 15

China's biggest property developer is "expanding sports empire in Europe," according to Emma Glez of CHINA DAILY. Dalian Wanda Group is interested in purchasing a 30% stake of Serie A side AC Milan, as the company "continues its shopping spree to build a sports empire in Europe." Wanda, which contro...

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Tags: Franchises, Europe, China

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FEI Scraps Endurance Events In UAE

The FEI "has reacted to the Al Reef Cup scandal and removed the two remaining international endurance events" due to be held in the UAE from the calendar "following a string of serious issues during races in the region," according to David Kent of the London DAILY MAIL. Three horses "were reported ...

Tags: Events and Attractions, Middle East

Push For Vacation Days During Olympics

Rio de Janeiro Mayor Eduardo Paes announced on Tuesday that he will be asking major companies to grant vacation days to employees during the 2016 Olympics, according to Rodrigo Viga Gaier of REUTERS. Paes's request for these companies is to "facilitate the displacement of delegates and tourists." Th ...

Tags: Brazil, Olympics, Events and Attractions

Oberstdorf Bids To Host Nordic Ski Worlds

Oberstdorf, Germany will bid to host the 2021 FIS Nordic World Ski Championships, according to the BR. The German Ski Federation (DSV) confirmed this decision during the current world championships in Falun, Sweden. Oberstdorf "has already lost out four times in bids to host the event." DSV Presiden ...

Tags: Events and Attractions, Europe

Singapore Using Events To Lift Appeal

From the Rugby Sevens to St. Jerome’s Laneway music festival, Singapore is "turning to big-ticket events to drive tourism traffic, including to its two casino resorts and a new 55,000-seat stadium," according to Sharon Chen of BLOOMBERG. The city, home to an Asian leg of the F1 series, posted ...

Tags: Asia, Events and Attractions

World Club Series To Expand In 2016

The World Club Series "may be expanded further next year" to include four teams from both the National Rugby League and Super League, including this season's top three highest finishing sides, according to Brad Walter of the SYDNEY MORNING HERALD. Officials will conduct a review of the tournament be ...

Tags: Events and Attractions, Australia

Event Notes

Formula E organizers on Tuesday unveiled the circuit layout for the Berlin ePrix on May 23. The race will be sponsored by logistics company DHL. The 17-turn, 2.47km circuit will be built within the “Apron” section of the Tempelhof Airport, located in the city-center. Designed by Rodrigo ...

Tags: Events and Attractions

Mexico F1 GP Announces Ticket Prices

The 2015 Mexican Grand Prix announced that ticket prices will range from 500 pesos ($33) for general admission to 18,750 pesos ($1,240) for the Main Grandstand, according to LA AFICION. The race will take place Nov. 1 at the Autódromo Hermanos Rodríguez in Mexico City. Tickets will inc ...

Tags: Events and Attractions, North America

Egypt Abandons 2017 Cup Of Nations Bid

Egypt Sports Minister Khaled Abdel-Aziz has confirmed his country has "abandoned its bid" to host the 2017 Africa Cup of Nations, according to the BBC. He said, "We have decided to withdraw our application and will support that of Algeria." Gabon and Ghana have also made bids, and the Confederation ...

Tags: Events and Attractions, Africa

F1 Considering Return To South Africa

F1 could make its "long-awaited return to South Africa" as early as '16, according to Sameer Naik of INDEPENDENT ONLINE. Africa is the only continent without an F1 race and it would represent a "historic achievement should the event return to South Africa." F1 CEO Bernie Ecclestone revealed he was i ...

Tags: Events and Attractions, Africa

Event Notes

Rafael Nadal's rant at playing tennis into the "early hours of the morning" at the Rio Open has hit the mark: organizers are "promising it won't happen again." It was 3:18am when the Spaniard won on Saturday morning in Brazil. Nadal was back on court "later the same day, losing to Fabio Fognini." IM ...

Tags: Events and Attractions

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