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TalkTalk Pledges To Pass On Price Cuts To Customers In BT's Broadband

Published in SportsBusiness Daily Global on 09 / 19 / 14

TalkTalk "has pledged to cut the price of fibre broadband for customers should regulatory proposals over access to BT’s network force the former telecoms incumbent to lower the wholesale cost," according to Daniel Thomas of the FINANCIAL TIMES. TalkTalk CEO Dido Harding said that "prices for f...

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Judge Orders Messi Case To Proceed

A Spanish judge has "rejected a recommendation from the state prosecutor that accusations of tax fraud against Lionel Messi be dismissed," according to the EFE. A lawsuit was filed against Messi and his father, Jorge, in June '13 for "allegedly defrauding Spain's tax authorities" of m ...

Tags: Finance, Europe

Sky Moves Into Europe In $9B Deal

Sky has agreed to pay 21st Century Fox £5.3B ($9B) for its German and Italian satellite broadcasting interests, "in a bid to create a 'world-class multinational pay TV provider,'" according to Alex Spence of the LONDON TIMES. The deal would help "boost Fox's hopes of acquiring its rival Time W ...

Tags: Finance, Europe

South African FA Expecting Annual Profit

The South African FA expects to make a "complete financial turnaround and even report a profit when the final numbers are tallied by auditors for the year ended June 30," according to Mninawa Ntloko of BD LIVE. SAFA reported a loss of 46M rand in the '12-13 financial year, but SAFA CEO Dennis Mumble ...

Tags: Finance, Africa

England WC Exit Hits U.K. Pub Operators

Leading British pub chains said that England's "dismal World Cup campaign in Brazil was doubly disappointing for Britain's pub operators," with the team's early exit prompting football fans "to stay at home to watch the rest of the tournament," according to Neil Maidment of REUTERS. Mitchells & ...

Tags: Finance, United Kingdom

RFEF Announces '13 Profits Of €2.2M

The Spanish Football Federation (RFEF) on Thursday approved its financial results from '13 and its '14 budget at its annual assembly, according to the EFE. The RFEF's '13 results included profits of €2.2M and its budget for '14 will be €126.2M ($170M). The body's budget during the previous ...

Tags: Finance, Europe

London Olympics Deals Have Yielded $24B

British PM David Cameron reported a "four-year target" of raising £11B ($18.7B) for the U.K. economy from deals signed during the 2012 London Olympics has been "surpassed two years early," according to STV. Contracts, sales and foreign investment linked to U.K. Trade and Industry's British Bus ...

Tags: Finance, United Kingdom

ISL Clubs Shell Out $4M On Player Draft

Football franchises spent around Rs 24 crore ($4M) in the two-day domestic player draft for the inaugural Indian Super League, according to the PTI. IMG Senior VP Jefferson Slack said, "The Rs 24 crore that was spent (by franchises) was a lot of money. We got into this venture three and a half years ...

Tags: Finance, India

AC Milan's U.S. Tour To Bring In $4.7M

Serie A side AC Milan's preseason tour of the U.S. and Canada will "reportedly bring in" as much as €3.5M ($4.7M) in revenue, more than Inter and Roma, according to FOOTBALL ITALIA. The club's four-game tour begins with Thursday's friendly with Olympiacos in Toronto. Milan will then take on Man ...

Tags: Finance, Europe, North America

Int'l Attention Turns To Russia 2018

After what was largely considered to be a successful World Cup in Brazil, int'l attention "now turns to the next hosts, Russia," according to Rafael Saakov of the BBC. Whether current political tensions between Russia and the West "will have any bearing on the staging of the tournament remains to be ...

Tags: Russia, Finance

Ecclestone Not Buying Back F1

F1 CEO Bernie Ecclestone "has denied recent reports that he is planning to mount a takeover of Formula One and increase his 5.3% stake in the auto racing series," according to Christian Sylt for FORBES. Earlier in July Ecclestone was quoted saying "it is possible" he could buy back F1 from its large ...

Tags: Finance, Europe

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