Featured Story

Football League Agent Fees Fall By 18% During '13-14 Season

Published in SportsBusiness Daily Global on 08 / 29 / 14

The latest publication of Football League clubs' spending on agents' fees has revealed that clubs committed a total of £17.7M to agents during the '13-14 season, a reduction of 18% on the previous year (£21.5M). Championship clubs accounted for £14.7M of the total, with League One ...

Read More

Tags: International Football, United Kingdom

More Stories

04/03/14
Reebok, CrossFit Still Moving Forward

For Reebok, CrossFit "could provide much-needed salvation," according to Chris Bryant of the FINANCIAL TIMES. The sportswear brand, owned by adidas since '06, makes CrossFit-badged clothing "as part of a broader alliance with the fashionable fitness movement." The partnership, struck as Reebok strug ...

Tags: Finance, Europe

04/03/14
Berlusconi Family Could Sell AC Milan

The family of former Italian PM Silvio Berlusconi "is considering selling a stake of between 20 and 30 percent" in Serie A side AC Milan, the club he bought in '86, according to REUTERS. AC Milan co-CEO Barbara Berlusconi, Silvio's daughter, said that the family "was seeking partners and she would t ...

Tags: Europe, Finance

04/02/14
FIA's Todt Concerned About F1's Future

FIA President Jean Todt "is concerned about the future of F1," according to BILD. Todt said, "I'm afraid that we'll lose teams." In an interview, Todt "defended the cost-reduction measures." He said, "Everyone wants this budget ceiling. It has to be put down in writing. Then it's mandatory for all." ...

Tags: Finance, Europe

04/02/14
McLaren Auto Expects Profit To Rise

McLaren Automotive, the carmaker "famed for its Formula One racing arm," expects pre-tax profit to rise fourfold this year on deliveries of its already sold-out million-dollar P1 supercar, according to Jie & Hagiwara of BLOOMBERG. Dir of Finance Paul Buddin said, “It’s the main year ...

Tags: Finance, United Kingdom

04/02/14
Williams GP Engineering Sells Hybrid

Williams Grand Prix has sold Williams Hybrid Power Ltd. from Williams' subsidiary, Williams Grand Prix Engineering Ltd., to GKN Land Systems Ltd. in a multi-million pound deal. Williams Hybrid Power will be rebranded as GKN Hybrid Power. Under terms of the transaction, Williams Grand Prix Engineerin ...

Tags: Finance, United Kingdom

04/02/14
Spanish Side Could Be Victim Of Success

For Spanish second division side Eibar, which is leading its division, "a first-ever appearance" in La Liga next season appears more likely "with each passing week," according to Sid Lowe of ESPN. Eibar was promoted from Spain's third tier last summer. The club has the "smallest ground and the small ...

Tags: Europe, Finance

04/01/14
Racing Santander Hoping To Raise $1.4M

Spanish third division side Racing Santander's administrative council "has established an objective" of raising €1M ($1.4M) by June 30 to "face its most immediate payment obligations, and from there, to create a strategic plan to guarantee the medium-term future of the club," according to the E ...

Tags: Europe, Finance

04/01/14
World Cup To Give 'Short-Lived' Boost

Moody’s Investors Service reported that Brazil will get a “short-lived” benefit from hosting the World Cup this year, according to Tariq Panja of BLOOMBERG. South America’s largest country "is racing to finish several delayed infrastructure projects" for the June 12 start of ...

Tags: Finance, Brazil

04/01/14
Rugby League World Cup Lucrative

The Rugby League World Cup 2013 revealed on Monday that it "generated profits that could rise in excess" of £4M, according to SKY SPORTS. Tournament Dir Nigel Wood confirmed profits of at least £3.7M, "which could still rise and double those" made during the '08 competition. Tournament G ...

Tags: Finance, United Kingdom

03/31/14
Queens Park Rangers Take Out $45M Loan

League Championship side Queens Park Rangers has agreed to a £27M ($44.9M) loan with Barclays, "secured against the club's assets and Premier League parachute payments including potential TV revenue over the next two seasons if they return to the top flight," according to James Riach of the Lo ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug