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

01/05/15
Marussia Lost $45,000 In Abu Dhabi Bid

The Marussia F1 team lost $45,000 "in a failed attempt to return for the season-ending Abu Dhabi Grand Prix in November after missing the two previous races according to recently-released company documents," according to Christian Sylt for FORBES. The team’s operating company Manor Grand Prix ...

Tags: Finance

01/05/15
Bwin.party Nears Sales Of Gaming Unit

Online gambling site Bwin.party has said it is "close to selling its social gaming business as it issued a profit warning after its worst quarter of sports betting payouts in more than two years," according to Kadhim Shubber of the FINANCIAL TIMES. Bwin.party, one of Europe's "largest online gamblin ...

Tags: Finance, United Kingdom

12/31/14
West Ham Announces Record Profits

EPL side West Ham has “recorded pre-tax profits of over £10M” ($15.6M) and co-Owner David Sullivan has said he is “satisfied with the achievements” the club has made, according to the PA. The club has also unveiled plans for its new Olympic Stadium home and “agree ...

Tags: Finance, United Kingdom

12/31/14
Málaga Approves Of $46M Budget

La Liga side Málaga's budget for the '14-15 season will be €38M ($46M) after this figure "was approved by the club's shareholders," according to the EFE. The club's financial numbers from the previous season were also approved. Málaga announced that its goals for '14-15 include bu ...

Tags: Europe, Finance

12/31/14
FIFA To Give $1.3M To National Federations

FIFA has “moved quickly to spell out” one-off financial contributions each if its 209 member associations will next year “be entitled to, and the answer is $1.05 million,” according to David Owen of INSIDE WORLD FOOTBALL. Adding in a first $250,000 bonus “already made a ...

Tags: Finance

12/30/14
Glasgow Clubs' Debts Cleared

A "major deal has secured the future of two Glasgow sporting institutions -- as a sweeping revamp of their shared stadium gets under way," according to the Scotland DAILY RECORD. Glasgow Tigers speedway club "has been bought by Michael and Gerry Facenna, owners of city firm Allied Vehicles Ltd., for ...

Tags: Finance, United Kingdom

12/30/14
F1 Execs Fear Third Team Could Collapse

Formula 1 execs fear "a third team will collapse in the new year as the sport dithers over a multimillion-pound plan to slash costs," according to Kevin Eason of the LONDON TIMES. After the demise of Marussia and Caterham, F1 "will be plunged into a fresh season without a long-term strategy despite ...

Tags: Finance, Europe

12/30/14
RFEF Provided Atlético Financial Aid

The Spanish Football Federation (RFEF) aided Atlético Madrid with €11M ($13.4M) which the club "planned to reimburse via UEFA payments from their participation in European competition," according to Joaquín Maroto of AS. On page 22 of the RFEF account sheets deposited at the Merca ...

Tags: Finance, Europe

12/29/14
Marussia Collapse Costs Lloyds $15.6M

Taxpayer-owned Lloyds Banking Group "stands to lose" more than £10M ($15.6M) from the collapse of the Marussia F1 team, according to Christian Sylt for the London TELEGRAPH. Documents from FRP Advisory dated Dec. 18 show that the bank’s private equity division, Lloyds Development Capital ...

Tags: Finance, United Kingdom

12/23/14
Zaragoza President Hoping To Reach Deal

Spanish second division side Real Zaragoza President Christian Lapetra said that his club "can sign an agreement" with Spain's tax authorities regarding its debts "as long as it is under reasonable conditions," according to the EFE. Lapetra said in a statement, "In September we could not negotiate i ...

Tags: Finance, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug