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Executive Transactions

Published in SportsBusiness Daily Global on 11 / 26 / 14

The Greek Super League elected Asteras Tripolis President GIORGOS BOROVILOS as president on Monday "after he secured 13 votes out of the 16 teams in the league," with Panthrakikos President DIMITRIS TZELEPIS elected as his deputy ( REUTERS, 11/25 ). ... The NBA announced that JAN MENNEKEN h...

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05/16/14
Hannover To Build New Youth Academy

Bundesliga club Hannover 96 will invest €20M ($27.4M) "in a new youth academy and new construction," according to Michael Nicolay of BILD. The club and the city "have agreed to transform the historic Eilenriedestadion into a new youth academy." Hannover Mayor Stefan Schostok said, "The solution ...

Tags: Facilities, Europe

05/16/14
KBO's Nexen To Move To Gocheok Dome

Seoul Metropolitan Government Sports Promotion Department Dir Oh Se-jung said that Korea Baseball Organization club Nexen Heroes, which play their home games at "Mokdong Baseball Stadium in western Seoul, have tentatively agreed to move to the Gocheok Dome next season," according to the KOREA JOONGA ...

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05/16/14
BT Lands Naming Rights To Murrayfield

Scottish rugby chiefs "are set to sell the naming rights to Murrayfield stadium" to BT in a £20M ($34M) deal, according to the SCOTSMAN. The agreement would see the Scotland Rugby Union’s debt of £11M ($18M) wiped out, "while providing a boost for Edinburgh Rugby and Glasgow Warrio ...

Tags: Facilities, United Kingdom

05/16/14
J-Village To Return To Training Center

J-Village, the base camp for "thousands of nuclear power plant workers" since Japan's '11 Fukushima disaster, will be "cleaned up and reopened as sports training facility in time for" the 2020 Tokyo Olympics, according to Danielle Demetriou of the London TELEGRAPH. J-Village is located on the "fring ...

Tags: Facilities, Asia

05/16/14
Real Madrid Weighs Theme Park Project

Real Madrid "is not forgetting its Theme Park, a project that has not seen light, but one that the club is continuing to work on," according to Pablo Polo of MARCA. The club is "considering various proposals for a leisure and entertainment area" to be built on 90 hectares in Madrid's Valdebebas urba ...

Tags: Europe, Facilities

05/15/14
Meydan Racecourse To Replace Track

Meydan racing officials announced on Wednesday that the "Tapeta all-weather surface at Dubai’s Meydan Racecourse will be replaced by a dirt track," according to Leslie Wilson Jr. of GULF NEWS. The decision comes "just five years after the artificial race track, which was developed by steeple-c ...

Tags: Facilities, Middle East

05/14/14
Corruption Claims Mar World Cup Prep

The cost of building Brasilia's World Cup stadium "has nearly tripled" to $900M in public funds, largely due to "allegedly fraudulent billing," according to Bradley Brooks of the AP. The spike in costs "has made it the world's second-most expensive soccer arena, even though the city has no major pro ...

Tags: Facilities, Brazil

05/14/14
Gold Coast Games Gets Budget Funding

Infrastructure for the 2018 Gold Coast Commonwealth Games "will receive funding" of A$156M ($146M) in the federal budget, according to the AAP. The event is "expected to be one of the world's major sporting events in 2018." In partnership with the Queensland Government and the Gold Coast City Counci ...

Tags: Facilities, Australia

05/12/14
Ecclestone Casts Doubt On British GP

F1 CEO Bernie Ecclestone has "cast doubt over the future of the British Grand Prix due to uncertainty about the ownership of Silverstone, the historic race track in England which hosts the race," according to Christian Sylt for FORBES. Silverstone is owned by the British Racing Drivers' Club, a grou ...

Tags: United Kingdom, Facilities

05/12/14
Facility Notes

Austrian Football Bundesliga club Rapid Vienna has "appointed Stabag as their stadium construction partner." The club "has not yet confirmed that it will be building a new stadium, as issues such as funding and naming rights sponsorship still remain unresolved" ( SOCCEREX, 5/8 ). ... Int'l Cycling ...

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