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Welsh Rugby CEO Wants To Discuss Profits Split From British & Irish Lions Tours

06 / 20 / 13

Welsh Rugby Union CEO Roger Lewis said that the home nations "need to look at how the money made from the British and Irish Lions tours is divided up," according to the BBC. The Lions are "currently on a tour of Australia, culminating in a three-Test series against the Wallabies." Lewis claims ...

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Tags: Finance, United Kingdom

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06/18/13
Perform To Buy Sports Data Firm Opta

Sports media business Perform "is in advanced talks to buy" London-based supplier of sports statistics Opta Sports Data, according to Katherine Rushton of the London TELEGRAPH. Opta's venture-capital backer, Albion Capital, is understood "to have put the company up for sale" for around £40M ( ...

Tags: Finance, United Kingdom

06/18/13
Thiago Most Valuable La Rojita Player

According to Transfermarkt, which determines the market value of football players, the Spanish U21 national team's most valuable player is Thiago Alcántara, whose value is €22M ($29.4M), according to Juan Manuel Díaz of SPORT. Per Transfermarkt, Iker Muniain and Isco are both valu ...

Tags: Europe, Finance

06/14/13
Kieran Prior To Buy Stake In Rangers

Private equity firm Pri Arc boss Kieran Prior claims that he is "set to buy a stake" in Scottish Second Division Rangers and "could soon become the Ibrox club’s biggest single shareholder," according to David Gunn of the SCOTSMAN. The Salford-born 34-year-old, now based in London, "has ce ...

Tags: Finance, United Kingdom

06/14/13
Argentine Player Accused Of Tax Evasion

Argentine first division side River Plate defender Jonathan Bottinelli was charged Wednesday with attempted tax evasion, according to CLARIN. The accusation is part of Argentina's Federal Public Revenue Administration's (AFIP) investigation that began last year. The AFIP said that it "began an exhau ...

Tags: Finance, Europe

06/13/13
Messi, Father Accused Of Tax Fraud

Barcelona's Lionel Messi and his father "denied wrongdoing" on Wednesday after the Spanish tax authorities "accused them of defrauding the state" of more than €4M ($5.3M), according to Pinedo & Rogers of REUTERS. Messi and his father, Jorge, "allegedly filed fraudulent tax returns" for the ...

Tags: Finance, Europe

06/13/13
Finance Notes

Spanish basketball club Lucentum has until next Friday to pay €1.8M ($2.4M) to be able to play in the Spanish Basketball League (ACB) next season. Lucentum recently earned one of two promotion spots to the ACB for '14, but owes the league the payment by next Friday before it can be promoted. Th ...

Tags: Finance

06/12/13
Man City Best-Paid Global Sports Team

Manchester City is the highest-paid team in global sport according to Sportingintelligence’s Global Sports Salaries Survey for '13, compiled in association with ESPN The Magazine and published this week to coincide with The Magazine’s "Money Issue." The average first-team pay at Man City ...

Tags: Finance, United Kingdom, North America

06/12/13
Mega-Events Boost Development

The growing influence of the BRICS nations (Brazil, Russia, India, China and South Africa) in world affairs was symbolized by the staging of the 2008 Beijing Olympics  and the 2010 World Cup in South Africa, "and will be further underlined by Brazil's forthcoming hosting of both events," a ...

Tags: Finance, Brazil

06/12/13
Finance Notes

La Liga side Real Valladolid is demanding €400,000 ($531,120) from former coach Miroslav Djukic, who recently signed with Valencia. The club and Djukic had agreed to a €375,000 ($497,925) compensation fee if either party terminated their contract after May 30 ( EL CONFIDENCIAL, 6/11 ). ...

Tags: Finance

06/11/13
McIlroy To Profit From Sunseeker Sale

World No. 2 golfer Rory McIlroy "is one of the major beneficiaries as Irish private equity group FL partners sold its Sunseeker luxury yacht business to Chinese property firm Dalian Wanda" for more than €350M ($463M), according to Nick Webb of the IRISH INDEPENDENT. The firm's iconic speedboats ...

Tags: Finance, United Kingdom

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