Featured Story

Sponsorship Deals Hit New Highs Across European Football; FIFA Gets Reality Check

Published in SportsBusiness Daily Global on 12 / 23 / 14

Sports marketers had a banner year in 2014, as the Premier League nailed down its reputation as the most marketable football league and major int'l events like the World Cup and the Olympics raked in sponsorship millions. FIFA scored with the World Cup, but the football organization was stung at yea...

Read More

Tags: Year End

More Stories

10/17/14
Real Zaragoza Admits It Is In Jeopardy

Spanish second division side Real Zaragoza directors "recognized on Thursday the risk of liquidation and disappearing is 'true and real' after the Spain's Internal Revenue authorities demanded the club" pay the "historic" €25M ($32M) sum it owes, according to EL CONFIDENCIAL. Real Zaragoza Pres ...

Tags: Europe, Finance

10/17/14
Sky Profits Beat Market Forecasts

Sky reported "stronger than expected growth in both profit and customer demand in the three months to the end of September" while securing "regulator and shareholder approval for its takeovers of Sky Italia and Sky Deutschland," according to John Aglionby of the FINANCIAL TIMES. Sky, Britain's "bigg ...

Tags: Finance, United Kingdom

10/17/14
NZ's TAB Posts Record $1.7B Turnover

More than NZ$2B ($1.6B) was gambled at betting agency TAB last year, "the most in history, as punters splurged" on a record World Cup for TAB, according to Hamish McNicol of STUFF. The New Zealand Racing Board said on Thursday that its net profit for the year ended July 31 was NZ$137M, "up slightly" ...

Tags: Finance, Australia

10/16/14
Former Rangers Dir Confident In Bailout

Former Scottish Championship side Rangers Dir Dave King on Tuesday night "emerged from crunch talks with the Rangers board and declared he is confident a deal can be struck" over his proposed £16M ($25.5M) bailout, according to Jackson & Gannon of the Scotland DAILY RECORD. King flew into ...

Tags: Finance, United Kingdom

10/16/14
Lyon Reports $33.7M Loss For '13-14

In a statement issued Tuesday night, the holding group that oversees Ligue 1 side Lyon, the OL Group, released its financial results for the previous year, according to the AFP. For the fifth consecutive year, "the results are negative," with a €26.4M ($33.7M) loss last year. Over the ...

Tags: Finance, Europe

10/16/14
Watchmaker's Sales Up Following Scandal

Luxury Swiss watchmaker Parmigiani said that it has become the "unintentional beneficiary of the latest scandal" to affect FIFA, according to Tariq Panja of BLOOMBERG. FIFA ordered officials to return a 25,000 Swiss franc ($26,400) model made by Parmigiani that was "distributed to them" before the W ...

Tags: Europe, Finance

10/15/14
Arsenal's Stan Kroenke Facing Scrutiny

Arsenal majority shareholder Stan Kroenke is to face "tough questions from minority shareholders at Thursday's annual general meeting" over a £3M ($4.8M) payment from the club to his holding company, according to Owen Gibson of the London GUARDIAN. As well as that payment, "revealed in recent ...

Tags: Finance, United Kingdom

10/15/14
GoPro's Shares Fall 16% Following Report

Camera manufacturer GoPro's shares fell as much as 16% on Monday after "a French journalist suggested that Formula 1 legend Michael Schumacher's injuries in a ski accident last year might have been caused by a wearable camera made by the company," according to Nair & Sachin of REUTERS. Jean-Lou ...

Tags: Europe, Finance

10/15/14
Osasuna Proposes Ceding Its Land

Spanish second division side Osasuna's administrative council on Tuesday "publicly presented its financing plan, which includes the draft of a law to pay its debt to the Spanish tax authorities," according to the EFE. In Osasuna's proposal, "which is being transferred to parliamentary groups, the cl ...

Tags: Finance, Europe

10/15/14
UEFA Urged Not To Punish Benefactors

Man City has told UEFA chiefs that "wealthy benefactors should not be penalised" under Financial Fair Play rules for "investing heavily in clubs," according to Martyn Ziegler of the PA. Man City and Ligue 1 side Paris St. Germain were "each fined" £49M ($78M) for FFP rule breaches last season ...

Tags: Finance, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug