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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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ManU To Consider Return Of Standing

ManU has "agreed to investigate the viability of introducing a safe-standing area at Old Trafford," according to Herbert & Scott-Elliot of the London INDEPENDENT. The move could "potentially deliver major impetus to the campaign for an alternative to seats for fans in the Premier League." ManU h ...

Tags: Facilities, United Kingdom

Architect Wants Smaller Tokyo Stadium

Japanese architect Fumihiko Maki is "campaigning to reduce the size of the spaceship-like main stadium approved for the 2020 Tokyo Olympics, saying it's too expensive and would clash with its surroundings," according to the AP. Maki said that he is "not criticizing the design of the stadium by award ...

Tags: Asia, Facilities

Reading To Open New Training Ground

League Championship Reading FC has "agreed a deal to build a new training ground" in Wokingham, outside London, according to Charles Watts of the READING POST. Royals "exchanged contracts with the Royal Merchant Navy School Foundation on Friday to buy a 120-acre site at Bearwood Estate." The new tra ...

Tags: Facilities, United Kingdom

Liverpool To Open Academy In India

Liverpool "has announced plans to launch an academy in India," according to James Pearce of the LIVERPOOL ECHO. The Reds "have joined forces with DSK Shivajians FC for the initiative in Pune which will open in January." The LFC Int'l Football Academy DSK "will be a residential complex featuring full ...

Tags: Facilities, India

Barcelona To Decide On Camp Nou In '14

Barcelona's Camp Nou stadium, which was inaugurated in '57, "has since undergone various renovations, with the most significant coming before the '82 World Cup," according to Moisés Llorens. Barcelona President Sandro Rosell "believes that now is the best time to decide what to do with the st ...

Tags: Facilities, Europe

Brazil's Maracana Reopens For Tours

Brazil's "iconic Maracana stadium has reopened to tourists," more than four months after ending a three-year, $500M facelift, according to XINHUA. Officials on Monday said that "guided tours lasting an hour allow fans access to the pitch, dressing rooms, VIP boxes and other areas of the 'inner sanct ...

Tags: Facilities, South America

New Valencia Stadium Could Be Lucrative

La Liga side Valencia President Amadeo Salvo "is continuing to meet with AEG and IMG, among other international operators, as he looks to find the capital necessary to continue building" the club's new Mestalla stadium, according to Conrado Valle of AS. Reports "have indicated that the new stadium w ...

Tags: Facilities, Europe

Russian Government Looks To Save $389M

Russia's Audit Chamber said that the Russian government is "looking to save" up to $389M in the construction budget for 2018 World Cup arenas by "scrapping plans for commercial zones that would have helped them remain financially viable," according to RIA NOVOSTI. Audit Cham ...

Tags: Facilities, Russia

Russia Stadium To Be Finished By 2017

Refurbishing Moscow's Luzhniki Stadium, the venue for the 2018 World Cup final, "will take three and a half years," according to R-SPORT. The "hulking and iconic arena" on the banks of the Moskva River closed after August's world athletics championships, and work is "to start in the new year as the ...

Tags: Facilities, Russia

Facility Notes

Paris Mayor Bertrand Delanoe has given Paris Saint-Germain permission for a major renovation of its home stadium, Parc des Princes, after Euro 2016. Delanoe signed a letter addressed to PSG President Nasser Al Khelaifi that stated his approval for the stadium to be renovated. The stadium is own ...

Tags: Facilities

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