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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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04/03/14
Facility Notes

The new National Stadium at the Sports Hub "could give Singapore and the Asia Pacific Dragons the edge over Hong Kong in the bid to join the 2016 Super Rugby competition." Jon Phelps, managing director of Carinat Sports Marketing, which owns the Dragons, said that "Singapore was better equipped than ...

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04/01/14
Greek Minister Drives AEK Stadium Plans

Greek side AEK's plan to build a new €65M ($90M) stadium "has obtained the backing" of Greece's Minister of Environment, Energy & Climate Change Yiannis Maniatis, who signed a project proposal intended for the Greek parliament, according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The d ...

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04/01/14
Man City To Break Ground On Expansion

Man City announced that the first phase of work to expand the Etihad Stadium "is to begin imminently," according to Andy Hampson of the London INDEPENDENT. Man City was granted planning permission in February to increase the size of arena from its current 47,670 capacity to 62,170. Man City confirme ...

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03/31/14
World Cup Stadium Death Toll Rises

Brazil was hit by the seventh World Cup-related death Saturday "after a worker fell at the stadium which will host the championship's opener in Sao Paulo," according to Emily Kent Smith of the London DAILY MAIL. Firefighters said that the worker "fell from about 50 feet." The press office of the Hos ...

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03/31/14
Sydney Clubs Clash Over Training Center

Building a center of excellence "remains the holy grail" for A-League Sydney FC Chair Scott Barlow, who is "acutely aware that after a decade of existence the club desperately needs to prove it has some sense of direction," according to Michael Cockerill of the SYDNEY MORNING HERALD. At last, "the C ...

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03/28/14
Starwood To Help Develop Roma Stadium

Starwood Capital Group on Wednesday entered, through a controlled affiliate, into a strategic partnership with AS Roma SPV, LLC, the majority shareholder of Serie A side AS Roma football club. Through the acquisition of a minority stake in the club, Starwood Capital Group will have the ability to be ...

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03/27/14
AS Roma Unveils Plans For New Stadium

Serie A side AS Roma unveiled plans on Wednesday for a $300M, 52,500-seat stadium that will see the club leave the Stadio Olimpico, which it shares with crosstown rival Lazio. AS Roma CCO Sean Barror said hopes are the new stadium will be finished in '16, and early talks with potential sponsors are ...

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03/27/14
Circuit Of Wales Developers Hit Back

Developers bidding to build a £280M ($463M) racetrack in South Wales "have hit back at controversial claims that they could receive 'illegal' state subsidies," according to Kevin Eason of the LONDON TIMES. Michael Carrick, CEO of the Heads of the Valleys Company behind the vast project to crea ...

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03/27/14
Sao Paulo Stadium Remains Unfinished

At the Corinthians Arena in Sao Paulo, which will host the World Cup's opening game on June 12, "giant yellow-colored steel girders prop up the roof, thousands of seats remain to be installed, the video screens have yet to be mounted and the dressing rooms lack any trace of furniture," according to ...

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03/26/14
Porto Alegre Warns Of World Cup Funding

The mayor of the Brazilian city of Porto Alegre "has warned the city may drop out of the World Cup unless it makes a crucial decision this week on financing for temporary structures at the Beira Rio stadium," according to Andrew Downie of REUTERS. Mayor Jose Fortunati "encouraged the city council to ...

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