Featured Story

Hangin' With ... Female Sports Group Founder & CEO John Postlethwaite

Published in SportsBusiness Daily Global on 03 / 06 / 15

Seven million women in the U.K. participate in sports every week, a number that is not reflected in newspaper and TV coverage, according to Female Sports Group Founder & CEO JOHN POSTLETHWAITE . “The more I dug into it, the more I realized that the achievements of women in sport were so h...

Read More

Tags: People and Pop Culture, United Kingdom

More Stories

03/06/15
First Sponsored Brazilian Club Struggles

Brasileiro Série B side Democrata de Sete Lagoas, the first in Brazil to ever have a sponsor, is "struggling to survive" financially, according to Magalhães & Lima of UOL. In July '82, sports equipment company Equipe gave Sete Lagoas around R$19,000 "paid in the form of uniforms, ...

Tags: Finance, Brazil

03/06/15
Serie A Club Debt Rose To €1.7B

The overall debt of clubs in Serie A rose to more than €1.7B ($1.9B) during the '14 season with the situation at Parma "symptomatic of a league in general financial difficulty," according to Ben Gladwell of ESPN. Parma is "on the verge of bankruptcy;" however, an investigation by La Gazzetta de ...

Tags: Finance, Europe

03/06/15
Finance Notes

The Spanish Swimming Federation (RFEN) sacked Dir Eugenio Bermúdez after presenting losses of nearly €600,000 ($661,500). At a meeting in late December, some RFEN execs "complained over directors not fulfilling the viability plan set out" by Spain's Superior Sports Council (CSD) and "inc ...

Tags: Finance

03/05/15
NRL Side South Sydney Reverses Fortunes

The National Rugby League season opener between South Sydney and Brisbane was once "a battle of haves and have nots," according to Richard Hinds of the Sydney DAILY TELEGRAPH. Rabbitohs vs. Broncos was the "prime example of the vast and seemingly permanent gulf on and off the field between the Sydne ...

Tags: Australia, Finance

03/05/15
AFL's '14 Revenue Up $9.4M

The Australian Football League on Wednesday announced it recorded a A$12M ($9.4M) increase in revenue in '14, according to Greg Denham of THE AUSTRALIAN. The AFL also announced former CEO Andrew Demetriou was paid A$2M ($1.56M) in his "final seven-month tenure running the AFL." The key financial hig ...

Tags: Australia, Finance

03/05/15
Finance Notes

Serie A clubs Inter Milan and AS Roma are reportedly "about to find out their Financial Fair Play sanctions," with the former expecting "tougher measures." The two clubs "failed to meet the break-even parameters imposed by FIFA and will learn their disciplinary measures very soon." According to La G ...

Tags: Finance

03/04/15
Corinthians Risks Losing $4.5M For Romero

Brasileiro side Corinthians player Ángel Romero has a "good chance of generating millions in debt" for the club despite not playing in one of its 12 games this year, according to Dassler Marques of UOL. Romero's addition to the team in '14 cost Corinthians R$6.6M, but his contract is "valid u ...

Tags: Finance, Brazil

03/04/15
Barcelona Players Branch Out

Many things are said regarding football players "and their wasting of money, but what they don't know is that the most 'judicious'" Barcelona players are saving and "already assuring their future following retirement," according to Javier Wilches G of AS. Messi founded Limecu 2010 SA with just &euro ...

Tags: Europe, Finance

03/04/15
Brazilians Face Fine For Int'l Sports Bets

Brazilians who have made bets on foreign websites for football games "run the risk" of paying a fine of up to R$200,000 ($68,500), according to Sérgio Rangel of FOLHA DE SÃO PAULO. The expected punishment is part of a legal project that "opens online sporting bets" in Brazil only. The ...

Tags: Finance, Brazil

03/04/15
Liverpool Turns First Profit Since '08

Liverpool has announced its "first profit in seven years," marking the financial turnaround under Fenway Sports Group after the "torrid period of ownership under George Gillett and Tom Hicks," according to Ian Herbert of the London INDEPENDENT. The club's revenue rose by 19% to £255.6M, with t ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug