Featured Story

Premier League Reveals '14-15 Revenue Distribution; Chelsea Leads With £99M Payout

Published in SportsBusiness Daily Global on 07 / 02 / 15

The Premier League has the most equitable revenue distribution of any major league in Europe, with the ratio of top to bottom earning clubs at just 1.53:1. The EPL's appeal is created from the collective strength and equitable distribution of broadcast revenues. The mechanism for distributing this r...

Read More

Tags: Finance, United Kingdom

More Stories

05/08/15
Dentsu Acquires Stake In Athletes First

Japanese ad giant Dentsu acquired a 33% stake in Athletes First, whose 180 athletes, coach and broadcaster clients include NFL Green Bay Packers QB Aaron Rodgers and Philadelphia Eagles coach Chip Kelly. The transaction caps a multi-year search for a partner by Athletes First, which included merger ...

Tags: Japan, Finance

05/08/15
Finance Notes

BT has reported a 14% boost in annual pre-tax profit to £2.645B, but group revenue fell 2% to £17.85B in the period. BT also confirmed that shareholders last week approved its £12.5B ($19B) acquisition of mobile group EE subject to regulatory approval. It plans to "keep the EE bran ...

Tags: Finance

05/07/15
Sports Direct HQ Raided In Investigation

Police investigating two Scottish Championship side Rangers takeovers in the past four years have "raided Sports Direct tycoon Mike Ashley’s Derbyshire" HQ, according to John McGarry of the London DAILY MAIL. Officers from Police Scotland traveled south on Tuesday as "part of their ongoin ...

Tags: Finance, United Kingdom

05/07/15
Wasps Raise $53.4M From Retail Bonds

Premiership Rugby side London Wasps said that it has raised £35M ($53.4M) from its "retail bond" scheme launched last week, according to Les Reid of the COVENTRY OBSERVER. The club said it will "now use the money to pay off debts" including around £13.4M ($20.4M) owed to Coventry City Co ...

Tags: Finance, United Kingdom

05/07/15
Puma's Profits Fall 30% In Q1

Puma on Wednesday cut its '15 profit outlook "after the strong U.S. dollar hit" its Q1 earnings, "overshadowing strong footwear sales following the launch of a new running shoe" by Jamaican sprinter Usain Bolt, according to Emma Thomasson of REUTERS. Puma's Q1 net profit fell 30% to $27.9M on sales ...

Tags: Europe, Finance

05/06/15
Stocks For Companies With Football Ties Surge

Chinese President Xi Jinping’s plan to make China a football superpower "is winning over fans in an unlikely place: the nation’s $7.7 trillion stock market," according to BLOOMBERG. Nine listed companies with ties to the country’s football league have surged an average 158% since t ...

Tags: Finance, China

05/06/15
Brasileiro Clubs See Worst Financial Year

The 20 largest Brasileiro football clubs "had the worst year in history in terms of finances" with a deficit of R$598M ($195.2M) for '14, according to Fábio Suzuki of LANCENET. The total revenue from these clubs reached R$3.1B ($1B) while expenses reached R$3.7B ($1.2B). However, the total cl ...

Tags: Finance, Brazil

05/06/15
Stats LLC Acquires Prozone Analytics

Stats LLC announced on Tuesday that it has acquired Prozone, a pioneer in athlete tracking and sports performance analytics. With Prozone, Stats expands its geographic reach and sports coverage while adding advanced and complementary technologies to its suite of tracking and analytics products. Pro ...

Tags: Finance

05/06/15
Adidas Sales, Profit Top Estimates

Adidas reported first-quarter sales and profit that exceeded estimates "on strong sales of running shoes and streetwear" as outgoing CEO Herbert Hainer "lays the groundwork for a turnaround," according to Aaron Ricadela of BLOOMBERG. Sales surged 17% to €4.08B ($4.57B), adidas said Tuesday, bea ...

Tags: Europe, Finance

05/06/15
Atlético Reduces Debt To Tax Authorities

Two years ago, Atlético Madrid's debt to the Spanish tax authorities stood at €215M, according to Manuel Esteban of AS. Currently, the club's debt to Spanish tax authorities is €80M ($90M). Under Manager Diego Simeone, the team's presence in the Champions League has generated € ...

Tags: Europe, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug