Featured Story

New Zealand Rugby Union, Sky TV Sign 'Conditional' Deal For Broadcast Rights

Published in SportsBusiness Daily Global on 10 / 24 / 14

The New Zealand Rugby Union and Sky TV signed "a conditional five-year deal for broadcasting rights from 2016," according to Greg Stutchbury of REUTERS. A final agreement is expected to be signed off by the end of November. NZRU CEO Steve Tew said that no financial details were disclosed "due to the...

Read More

Tags: Media, Australia

More Stories

08/07/14
NZ Bills AFL Clubs On Anzac Matches

New Zealand authorities have "defended the tax slug" on Australian Football League matches in Wellington, "declaring the Anzac Day combatants are participating in 'exhibition games,'" according to Michael Warner of the HERALD SUN. Players from AFL clubs St. Kilda, Sydney and Brisbane were "hit with ...

Tags: Finance, Australia

08/07/14
Melbourne Victory To Sell 35% Share

A share of A-League side Melbourne Victory could "end up in the hands of an overseas owner or syndicate" after it was revealed 35% of the club is "expected to go up for sale," according to Ray Gatt of THE AUSTRALIAN. Shareholders Harry Stamoulis and Robert Belteky, along with a "smaller group of inv ...

Tags: Finance, Australia

08/07/14
AFL Hawthorn Boss Wary Of Tax Hit

Australian Football League side Hawthorn fears the "looming footy department tax will reduce the financial powerhouse to 'just a break-even club,'" according to Mark Hayes of the HERALD SUN. Hawthorn President Andrew Newbold said that barring a "radical restructure" of the Hawks' footy department, t ...

Tags: Australia, Finance

08/07/14
Sky Deutschland's Q2 Profit Up 8.5%

German pay-TV provider Sky Deutschland said on Wednesday that its "second-quarter core profit" rose 8.5% as subscriber cancellations "dropped to a record low," according to Ten Wolde & Steitz of REUTERS. The company, controlled by Rupert Murdoch's entertainment group 21st Century Fox, reported s ...

Tags: Finance, Europe

08/06/14
William Hill's Pre-Tax Profits Down 15%

A "record-breaking World Cup provided some relief" for bookmaker William Hill, according to Duncan Robinson of the FINANCIAL TIMES. But "despite the World Cup, profits for the period were down year on year" as the group closed stores across the U.K. in the face of "increased duty on gaming machines" ...

Tags: Finance, United Kingdom

08/06/14
Arsenal's Usmanov Calls Drought Avoidable

Arsenal shareholder Alisher Usmanov has claimed that the club "could have avoided their nine-year trophy drought if they had chosen a different way to fund their move to the Emirates Stadium," according to the LONDON TIMES. Usmanov, the club's second largest shareholder, revealed that he had been "f ...

Tags: Finance, United Kingdom

08/06/14
Arsenal Leads EPL In Cumulative Profit

Top football clubs are "different to other businesses," according to David Owen of INSIDE WORLD FOOTBALL. Whereas most companies "exist to generate wealth for their shareholders, football clubs must balance this against the pursuit of trophies." Of course, the two aims "are linked, or can be: mounta ...

Tags: Finance, United Kingdom

08/06/14
Barcelona's Value On The Rise

Barcelona, which rose to second on this year's edition of Forbes' ranking of the world's most valuable sports clubs with a value of $3.2B, "has grown more than any other club in recent years," according to Javier Gascón of MUNDO DEPORTIVO. The club has jumped from 24th on the list in '10 to " ...

Tags: Europe, Finance

08/05/14
Investor To Provide $33M Loan To HSV

Bundesliga side Hamburg SV investor Klaus-Michael Kühne "will provide the financially struggling club" with a €25M ($33.5M) loan, according to the SID. The club announced on Monday that the loan "will later be converted into a stake in the new HSV Football AG," which was separated from the ...

Tags: Finance, Europe

08/04/14
J.League Clubs Income Falls In '13

Average income at the J.League's 18 top division clubs fell 2.4% to 3.1B yen ($30M) last year, even as revenue from sponsorship and gate receipts rose slightly. Ticket sales grew by 4.5% to an average of 693M yen ($6.78M) per club, despite a drop in attendances, with clubs selling more higher-priced ...

Tags: Finance, Japan

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug