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La Liga Champion Atlético Madrid Cuts Debt By $115M Since Beginning Of The Year

Published in SportsBusiness Daily Global on 09 / 22 / 14

La Liga side Atlético Madrid has been "battling a long-standing debt issue in the midst of their success," according to INSIDE SPANISH FOOTBALL. The club has been running debts of around €200M ($257M) over the last five years, but from Oct.1, "this figure will be settled" to around &euro...

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Tags: Finance, Europe

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NFL's Super Bash Takes Over London

On Super Bowl Sunday, London went NFL crazy. Jacksonville Jaguars cheerleaders danced on the stage, Detroit Lions quarterback Matthew Stafford talked to adoring fans in replica shirts and Jaguars’ players discussed how much they loved London. The NFL’s official Super Bash took place at t ...

Tags: Events and Attractions, United Kingdom

Commonwealth Games Could Cut Sports

A leading Commonwealth Games official said that Games "could be cut from 17 to 10 sports to keep the event alive beyond 2018," according to Chris McLaughlin of the BBC. Commonwealth Games Federation CEO Mike Hooper said that "reducing the number of sports could encourage interest." He said, "We reco ...

Tags: Events and Attractions, United Kingdom

Mediterranean Games Cutting Back

Due to "Spain's economic crisis," the coastal city of Tarragona, the host of the 2017 Mediterranean Games, will "reduce the scale of the project of hosting the event to ensure its survival," according to Jesús Mínguez of AS. The event's initial projected budget of €150M has been r ...

Tags: Events and Attractions, Europe

Tour De France Launches Women's Race

Coinciding with the final stage of the 2014 Tour de France, the elite of women's cycling will come together on July 27 for the first edition of La Course by Le Tour de France. A few hours before the men's peloton arrives in Paris, the world's elite women cyclists will race the circuit in the histor ...

Tags: Events and Attractions

Global Horseracing Series Proposed

Sydney's new A$18M ($16M) The Championships at Randwick in April "will form an important leg of a proposed world series of horse racing," according to Ray Thomas of the Sydney DAILY TELEGRAPH. With momentum to introduce the series as early as next year, "the world's best gallopers would compete in t ...

Tags: Events and Attractions, Australia

Aquatic Super Series Eyes Team USA

Swimming Australia "has its sights set on the powerful Team USA as the next addition to its annual Aquatic Super Series," according to Brad Elborough of the SYDNEY MORNING HERALD. CEO Mark Anderson said that "he had been in discussions with Team USA" about attending the third edition of the Perth ev ...

Tags: Events and Attractions

FIBA Sends Out World Cup Wild Card Bids

The 2014 FIBA World Cup sent its four wild card bids to the national teams of Brazil, Finland, Greece and Turkey on Sunday, according to the DPA. The FIBA World Cup will take place from Aug. 30-Sept. 14 and will have 24 participants. The "big surprise among those receiving bids is Finland, which is ...

Tags: Europe, Events and Attractions

Super Bowl Rings In Chinese Holiday

Every winter, people in China celebrate an occasion determined by an ancient calendar. Symbols of animals are usually invoked, special foods and alcoholic beverages are served, and people often travel considerable distances for the celebration. Chinese New Year? No. It is the Super Bowl. In China, i ...

Tags: Events and Attractions, China, United Kingdom, Middle East

Event Note

A Mahindra group firm and electric vehicle-maker Mahindra Reva "will showcase its Formula E car along with a concept electric sports car" at the Delhi Auto Expo next week. The company "will showcase the next generation technology" that is being geared up for commercialization in the near futur ...

Tags: Events and Attractions

ICC Approves New Women's Competition

The Int'l Cricket Council Board has approved the introduction of an Int'l Women’s Championship. This bilateral competition involving the top eight ranked women’s teams will determine qualification for the next Women’s World Cup. Competing countries will include Australia, West Indi ...

Tags: Events and Attractions, Middle East

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