Featured Story

German Prosecutors Reveal F1's Bernie Ecclestone Was Blackmailed On Eve Of Trial

04 / 24 / 14

German prosecutors "have made the startling revelation" that they believe F1 CEO Bernie Ecclestone "was blackmailed by former banker Gerhard Gribkowsky," according to Christian Sylt for FORBES. The revelation is surprising "because it reflects Mr Ecclestone’s defence to charges issued by the s...

Read More

Tags: Finance, Europe

More Stories

12/11/13
Rangers Investor Increases Voting Rights

A statement issued to the London Stock Exchange on Scottish League 1 Rangers investor Sandy Easdale "has increased his voting rights" in the club to 26.62%, according to the Scotland DAILY RECORD. Easdale, whose brother, James, is on the "current Rangers board, has acquired voting rights" over ...

Tags: United Kingdom, Finance

12/10/13
WC Win Could Impact Spanish Economy

A study by Nielsen showed that if Spain, the defending World Cup champion, wins the 2014 World Cup in Brazil, it will increase spending in Spain's economy by €75M ($103M), according to the EP. Nielsen's study "predicts that Spain winning, as it did in '10, will have an economic impact similar t ...

Tags: Finance, Europe

12/10/13
Kaiserslautern Loses $2.6M In '12-13

Second Bundesliga club FC Kaiserslautern "released its financial results for the '12-13 season" in which it lost €1.9M ($2.6M), according to the SID. The club, which "narrowly missed promotion to the Bundesliga last season," said in a statement on Friday that due to its "high dependency on on-f ...

Tags: Finance, Europe

12/10/13
Villarreal Posts Financial Loss For '12-13

La Liga side Villarreal President Fernando Roig "has reviewed his team's financial situation," according to the EFE. Roig said that Villarreal "does not owe anyone any money and is healthy, in terms of both the sporting and economic areas." Roig also "revealed the team's budget from the previous sea ...

Tags: Finance, Europe

12/06/13
Barcelona Visit A FC Cartagena Windfall

With 16 teams left in the Copa del Rey, Spanish third-tier side FC Cartagena will welcome Barcelona to its Municipal Cartagonova stadium Friday for "what is expected to be a sell-out," according to Rafael Molina of EL CONFIDENCIAL. If the stadium sells out, it would "mean the gate would reach" &euro ...

Tags: Finance, Europe

12/05/13
Valencia Politician Critical Of Grand Prix

Valencia, Spain political party Esquerra Unida, which "opposes the Valencian Community's Popular Party," criticized "holding an F1 Grand Prix event in Valencia for being done on a whim by former Valencia city council President Francisco Camps," according to Manuel Franco of AS. Esquerra Unida also c ...

Tags: Finance, Europe

12/05/13
AFL Carlton's Doubles Gaming Revenue

Australian Football League side Carlton's annual report revealed the club "more than doubled its gaming-related revenue" in '13 to A$19.7M ($17.8M), according to Baker & Edmund of the HERALD SUN. The "jump in revenue" -- up from A$9.5M in '12 -- did not "result in a large profit for the Blues th ...

Tags: Australia, Finance

12/05/13
Finance Notes

The Spanish Footballers Association (AFE) has brought to the Spanish Football Federation (RFEF) claims regarding club debts in the Spanish third division. There have "been 89 claims from 20 different teams" regarding a total of €503,365 ($682,000) in owed payments ( AS, 12/4 ). ... German inv ...

Tags: Finance

12/04/13
Braunschweig Reports Slight Loss

Bundesliga club Eintracht Braunschweig "released its financial numbers for the '12-13 season in which it made a slight loss," according to the SID. Braunschweig Managing Dir Soeren Oliver Voigt reported a loss of €253,000 ($344,000) at the club's annual general meeting on Monday. During the pre ...

Tags: Finance, Europe

12/04/13
Adidas Forecasts $23.1B In Sales For '15

Adidas on Tuesday confirmed its Route 15 targets forecasting sales of €17B ($23.1B) and an operating margin of 11% in '15. The confirmation came during the 2013 Investor Field Trip in Herzogenaurach, Germany, with senior management also sharing preliminary '14 goals: sales are expected to grow ...

Tags: Europe, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug