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Glazer Family To Raise More Than $150M By Selling 8 Million Manchester United Shares

Published in SportsBusiness Daily Global on 07 / 31 / 14

The Glazer family is selling about 5% of its holding in ManU, "taking advantage of the club’s rising share price" on the back of its £750M ($1.2B) kit supply deal with adidas, according to Roger Blitz of the FINANCIAL TIMES. ManU "will begin a roadshow next week" offering 8 million Class...

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Tags: Europe, United Kingdom

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Singapore Sports Hub Events Revealed

The Singapore Sports Festival "will introduce the Singapore Sports Hub to the public in June and rugby will be the first sport played at the new National Stadium," according to John Leong of CHANNEL NEWS ASIA. In the works are 13 sporting events, starting with the Singapore Open 2014 badminton tourn ...

Tags: Facilities, Asia

Gibraltar Confirm New Stadium Plans

Gibraltar has "unveiled plans" for its new national stadium, which it hopes could open in '16, according to SKY SPORTS. Gibraltar currently plays in the Victoria Stadium -- "which does not meet criteria to host full internationals, although some friendlies can and will be played there." Looking to t ...

Tags: Facilities, Europe

Yanmar Doubles Up On Rights

Engine manufacturer Yanmar has signed a 500M yen ($5M) five-year naming rights deal for the two stadiums used by J.League Division 1 side Cerezo Osaka. On March 1, the 15,000-seat Osaka Nagai Second Stadium, used occasionally by Cerezo for smaller games, will become Yanmar Field Nagai, while the 50, ...

Tags: Facilities, Japan

DFL Increases Pressure On VfR Aalen

The German Football League (DFL) "has increased the pressure on 2nd Bundesliga club VfR Aalen to increase the capacity of its stadium," according to the DPA. The club "is allowed to play in the Scholz Arena, which is actually too small, with a special permit this season." However, the DFL "now wants ...

Tags: Facilities, Europe

Facility Notes

Brazil's "troubled" Arena da Baixada Stadium in Curitiba will stage its first World Cup test event March 26. The venue will not be "officially ready until April 30, just six weeks before football's showpiece event." Officials also said that the stadium's redevelopment budget has risen to 330M reais ...

Tags: Facilities

Kaiserslautern Agrees To New Stadium Deal

Second Bundesliga club FC Kaiserslautern "has reached a new stadium lease deal with the city council," according to the SWR. Under the new deal, the club will pay €2.4M ($3.3M) annually in the 2nd Bundesliga and €3.6M ($5M) should it get promoted to the top flight. So far, Kaiserslautern h ...

Tags: Facilities, Europe

Barça Presents New Camp Nou Entrance

Barcelona on Wednesday opened its new entrance to the Camp Nou, "which the club hopes will become the main entrance for fans," according to the EFE. Barcelona Sponsorship Dir Jordi Moix introduced the "completed renovation project of the 722.5 square meter area, which lasted six months" and cost &eu ...

Tags: Europe, Facilities

England Fears Empty Wembley For Euro

Wembley fears empty seats with lack of marquee matchups for Euro '16.

Tags: Facilities, United Kingdom

Sydney FC Reveals Training Center Plans

A-League side Sydney FC has "hit back at fans who say it lacks a long-term strategy by revealing plans to build a centre of excellence, providing a path from the grassroots through to the A-League," according to Dominic Bossi of the SYDNEY MORNING HERALD. Sydney FC Chair Scott Barlow "issued an open ...

Tags: Facilities, Australia

Canberra Stadium Revamp Put On Hold

The ACT government is "keen to bid for rugby league World Cup games" in '17 but Canberra Stadium officials said that they will "resist sinking any more money into the venue until a decision is made" on the proposed A$300M ($269.4M) roofed stadium, according to Chris Dutton of the CANBERRA TIMES. Alm ...

Tags: Australia, Facilities

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