Featured Story

Bundesliga Clubs Spend $366M On New Players During Summer Transfer Period

Published in SportsBusiness Daily Global on 09 / 02 / 14

Bundesliga clubs have spent €278.9M ($366M) on 176 players during the summer transfer period ahead of the '14-15 season, according to the DPA. This summer's spending spree "is not far off the league record, which was set ahead of the '12-13 season." In the summer of '12, the clubs spent €2...

Read More

Tags: Europe, Finance

More Stories

Atlético To Launch Capital Increase

Atlético Madrid will on Friday open the first phase of a capital increase, according to the EFE. The club is looking to sell 484,059 shares, which "each have a nominal value" of €8.50 ($12) plus a €13 ($18) share premium, making each share worth €21.5 ($29). The sale of all the ...

Tags: Europe, Finance

BCCI To Receive More From ICC Revenue

The Board of Control for Cricket in India "will get to earn 13 times more than what it currently gets from the International Cricket Council's gross revenue," according to Vijay Tagore of the MUMBAI MIRROR. After Rs 300 crore ($50.2M) was accrued into the BCCI account during the last eight years, th ...

Tags: Finance, India

British America's Cup Challenge Funded

British sailor Ben Ainslie's quest "to claim a maiden America's Cup triumph for Britain received a financial boost on Tuesday" with the government announcing a £7.5M ($12.6M) "fund for a permanent team base in Portsmouth," according to Amlan Chakraborty of REUTERS. Four-time Olympic Gold Medal ...

Tags: Finance, United Kingdom

PCB Chair Expects $450M From Next Cycle

Pakistan Cricket Board Chair Najam Sethi on Monday claimed that his country will earn $450M "from the next eight-year cycle, mainly from four series with arch-rivals India," according to the AFP. India and Pakistan signed an agreement to play six series -- "four of which Pakistan will host in the ne ...

Tags: Finance, Middle East

Córdoba's Promotion To Prove Costly

Spanish football side Córdoba's promotion to La Liga for next year "will bring economic consequences," according to the EFE. This is "because when the club signed an agreement with its creditors two years ago, a clause was included saying that if the club earned promotion to La Liga, an exemp ...

Tags: Europe, Finance

Atlético Madrid Valued At $85.3M

Atlético Madrid "is valued" at €62.5M ($85.3M), according to José Marcos of EL PAIS. This "is according to a report from auditor Deloitte, which valued the stock of the club" on Feb. 27 in a "document accessed by El Pais." Deloitte "reached that figure" by subtracting the club's d ...

Tags: Europe, Finance

Pakistan's ICC Revenue To Grow

Pakistan has been elevated to the status of the "fourth big power after India, England and Australia in terms of the percentage of revenue to be received" from the Int'l Cricket Council in the next eight years from "broadcasting and other rights on ICC fixtures," according to GULF NEWS. The Pakistan ...

Tags: Finance, India

Real Madrid Tops Champions Payout

Champions League winners Real Madrid secured the highest payment from the event at €57.4M, according to figures released by UEFA on Wednesday. In total, the 32 teams competing in the event shared €904M in payments from UEFA in '13-14, matching the record set last season. Paris St. Germain, ...

Tags: Finance, Europe, United Kingdom

Man City Owner To Build 6,000 Houses

The Middle Eastern owner of Man City "is to build up to 6,000 homes in the city, mostly to rent," in a £1B ($1.7B) deal with the council, according to Andrew Bounds of the FINANCIAL TIMES. The 10-year agreement with investment fund Abu Dhabi United Group "is one of the biggest of its kind and ...

Tags: Finance, United Kingdom

Hamburg SV Announces Loss Once Again

Bundesliga club Hamburg SV "has made a loss for the fourth consecutive season," according to the SID. Hamburg Exec Chair Carl Jarchow said, "It will be less than €5 million ($6.8M)." The club, which remained in the top flight only after winning its relegation matchup, "was in the red during the ...

Tags: Finance, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug