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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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06/18/13
Event Notes

A charity friendly featuring Lionel Messi, the Friends of Messi vs. Rest of the World match, will be played on July 2 at Lima, Peru's National Stadium. The organizers have prepared a contest in which they will award 10 contestants with pairs of tickets to the game. To announce the contest, a video w ...

Tags: Events and Attractions

06/17/13
Confed Cup Opener Marred By Protesters

About 1,000 protesters complaining about the high cost of staging the World Cup "demonstrated in front of the National Stadium in Brasilia just hours before Brazil played Japan in the opening match of the Confederations Cup" on Saturday, according to Tales Azzoni of the AP. Riot and mounted pol ...

Tags: Events and Attractions, Brazil

06/14/13
Australia Not A One-Off Event For MLB

Major League Baseball officials "have indicated their Australian experiment won't be a one-off if Sydney embraces next year's opening series," according to Adrian Proszenko of the SYDNEY MORNING HERALD. The L.A. Dodgers and the Arizona Diamondbacks "will play a two-game series" at the Sydney Cricket ...

Tags: Events and Attractions, Australia

06/14/13
America's Cup Steering Toward Disaster

The America's Cup continues to cartwheel toward "ever-mounting disaster," according to Dana Johannsen of the NEW ZEALAND HERALD. Desperately "in need of an injection of confidence following last month's tragedy on San Francisco Bay, the beleaguered event is reeling from another series of setbacks, f ...

Tags: Events and Attractions, North America

06/14/13
Mickelson To Compete In CIMB Classic

Phil Mickelson "has confirmed his participation" for the 2013 CIMB Classic, "which will be held at a new venue" -- the Kuala Lumpur Golf & Country Club in Malaysia -- from Oct. 24-27, according to BERNAMA. Event organizer CIMB Group said besides Mickelson, past champions Ben Crane, Bo Van P ...

Tags: Events and Attractions, Asia

06/14/13
Event Notes

The All India Football Federation’s bid to host the 2017 U17 World Cup "received a major fillip" on Thursday when the Union Cabinet "gave its approval to the project." According to the agreement, the Central Government will provide Rs. 120 crore ($20.6M) for the venture, including Rs. 95 crore ...

Tags: Events and Attractions

06/12/13
Charity Games To Support Flood Victims

Bundesliga club FC Nuremberg and 2nd Bundesliga side FC Ingolstadt "will play charity games to support flood victims in Germany," according to the SID. Nuremberg "is planning to play a game during its preparation for the new Bundesliga season." Neither place nor date "have been set yet." Ingolstadt ...

Tags: Events and Attractions, Europe

06/12/13
Dubai 'Capable Of Hosting The Best'

Top officials "have given Dubai a thumbs-up for being way ahead of a lot of competitor cities" in staging bids to host some of the world’s biggest sporting events, according to Alaric Gomes of GULF NEWS. On the opening day of the Middle East Sports Event Summit, Falcon and Associates VP Gisell ...

Tags: Events and Attractions, Middle East

06/12/13
Event Notes

The Faldo Series has announced it will return to Taihu Int'l Golf Club in Suzhou, China on July 2-3 ( Faldo Series ). ... Myanmar "will hold swimming competition at the National Swimming Pool on June 22-23 to mark the Olympic Day, which falls on June 23" ( XINHUA, 6/11 ).

Tags: Events and Attractions

06/11/13
Bahrain Could Host F1 Season Opener

F1 CEO Bernie Ecclestone met Bahrain Crown Prince Salman bin Hamad bin Isa al-Khalifa before the Canadian Grand Prix last weekend to "discuss the feasibility of staging the season-opener as well as a four-day test session on the island kingdom," according to Kevin Eason of the LONDON TIMES. Al-Khali ...

Tags: Events and Attractions, Middle East

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