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Second Bundesliga Club Dynamo Dresden To Receive Financial Support From City

04 / 18 / 14

Second Bundesliga club Dynamo Dresden "will once again receive financial support toward its stadium rent and financial relief from the city of Dresden," according to the SID. A city council proposal calls for an additional €500,000 ($692,000) on top of the €1.12M ($1.55M) the club already ...

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Tags: Facilities, Europe

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03/17/14
Sports Association Get $20M Boost

Singapore's Ministry of Culture, Community & Youth (MCCY) will provide S$25M ($20M) over the next five years "to support developmental plans and innovative ideas," according to David Lee of the NEW PAPER. This sum "is separate from the annual grants" national sports associations receive, and "ma ...

Tags: Facilities, Asia

03/14/14
Relegation Could Delay Construction

The start of construction of the HSV-Campus youth academy "will be delayed in case Bundesliga club Hamburg SV gets relegated," according to the HAMBURGER ABENDBLATT. The club "has mailed this announcement to its shareholders," who allocated €17.5M for the project in the fall of '12. The le ...

Tags: Facilities, Europe

03/14/14
Super League Club Confirms Stadium

Super League rugby club Castleford has secured a move to a new stadium by '17, according to Andy Wilson of the London GUARDIAN. The Tigers "are joint top of the early-season table" and "have now released plans to leave their Wheldon Road home for a new development in nearby Glasshoughton." Castlefor ...

Tags: Facilities, United Kingdom

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

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