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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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03/14/14
Ferrari To Open Theme Park In Spain

PortAventura Entertainment S.A.U. has signed a licensing agreement with Ferrari to build Ferrari Land, a Prancing Horse theme park, inside the PortAventura resort and theme park outside Barcelona. The project will involve an investment of more than €100M ($139M). The theme park will cover 75,00 ...

Tags: Europe, Facilities

03/13/14
Hampden Park Renovations Unveiled

One of the main Commonwealth Games venues "has been unveiled after months of renovations to turn it from a football stadium into an athletics arena," according to STV. Hampden Park, usually the home of Scotland's national team and domestic cup finals, "closed its doors last year as work started to i ...

Tags: Facilities, United Kingdom

03/13/14
VIP Shortage Hurts Barça's Revenue

Barcelona is "spectacularly losing the revenue battle with its biggest competitors in the VIP and hospitality zones," according to Francesc Perearnau of MUNDO DEPORTIVO. Despite "Camp Nou's capacity of nearly 100,000," Real Madrid -- whose stadium holds less than 86,000 -- not only doubles Barcelon ...

Tags: Europe, Facilities

03/13/14
Mutko: Russia Cup Deadlines Broken

Russian Sports Minister Vitaly Mutko said that "he is alarmed by the slow pace of designing the country's stadiums for the 2018 World Cup and threatened heads will roll if the situation is not rectified," according to R-SPORT. All but one of the 12 arenas needed for the tournament "are being entire ...

Tags: Facilities, Russia

03/13/14
Facility Notes

A sod cutting ceremony "is due to be held on Friday to mark the start of work on the redevelopment of Sixfields Stadium" in Northampton, U.K. The joint venture between the County Group, Northampton Town Football Club and Northampton Borough Council "will result in the creation of new houses, shops a ...

Tags: Facilities

03/12/14
Nürburgring Sold To Capricorn Group

Germany's Nürburgring "has been sold" to motorsport industry supplier Capricorn Group for more than €100M ($139M), ending a months-long search to find new owners for the world's longest racetrack, according to Alexander Hübner of REUTERS. Capricorn's offer "beat out a rival bid" from ...

Tags: Facilities, Europe

03/12/14
Sao Paulo Stadium 98% Complete

Brazilian constructors said that "they have installed the giant roofing structure that collapsed after a crane failure at the stadium hosting the World Cup's opening match in three months," according to the AP. The accident late last year "killed two workers and caused significant damage to the Itaq ...

Tags: Facilities, Brazil

03/12/14
Formula E Targets Battersea Park

Battersea Park "is the latest site earmarked to host the London round of the Formula E Championship" in June '15, according to Gary Watkins of AUTOSPORT. The organizers of the one-make series for electric single-seaters "are known to be working on plans" to run the final event of the inaugural '14-1 ...

Tags: Facilities, United Kingdom

03/11/14
League One Side Waits On Stadium

The Football League has called on the owners of League One side Coventry City "to reveal their plans for a new stadium as the club nears the end of its first season playing more than 30 miles outside Coventry," according to Simon Gilbert of the COVENTRY TELEGRAPH. League bosses "have confirmed they ...

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03/11/14
Manuka Oval Could Host Shield Final

Canberra's Manuka Oval is "on the verge of hosting the Sheffield Shield final -- the historic Canberra ground" just needs Cricket New South Wales to beat Western Australia and finish top of the ladder, according to David Polkingthorne of the CANBERRA TIMES. NSW is "currently in a three-way tie at th ...

Tags: Australia, Facilities

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