Featured Story

Puma Majority Stakeholder Kering CEO Says Sportswear Firm Is Not For Sale

Published in SportsBusiness Daily Global on 06 / 24 / 16

Kering Chair & CEO François-Henri Pinault "slapped down persistent rumours that the French luxury group is preparing to sell athletics goods maker Puma, saying the group plans to hold on to its majority stake" until at least '18, according to Adam Thomson of the FINANCIAL TIMES. ...

Read More

Tags: Europe, Finance

More Stories

02/03/16
EPL Spent Over £1B On Transfers

Premier League spending in a single season has gone over £1B ($1.4B) "for the first time this term after a lively finish to the January transfer window," according to Andrew Dickson of SKY SPORTS. Top flight clubs have spent £172.65M ($249M) "over the last month to go into 10 figures for ...

Tags: Finance, United Kingdom

02/03/16
Chinese Football Clubs Go on Shopping Spree

Chinese football clubs have had "their biggest-spending winter ever, poaching talent from the world’s richest leagues with big-money transfers as they buy into President Xi Jinping’s dream for the country to become a heavyweight in world football," according to Charles Clover of the FINA ...

Tags: Finance, China

02/02/16
CSL Clubs Spend $216M On Transfers

Chinese football clubs are "splashing their cash in Europe," as wealthy owners embrace President Xi Jinping's vision of the "sleeping Asian giant becoming a new heavyweight in the sport," according to Benjamin Carlson of the AFP. As January's European transfer window "began to swing shut on Mon ...

Tags: Asia, Finance

02/02/16
BT Unveils New Structure

BT has "unveiled plans to overhaul its business structure after posting its best quarterly revenue growth in more than seven years" and sealing a landmark £12.5B ($18B) takeover deal of Britain’s biggest mobile company, EE, according to Tara Cunningham of the London TELEGRAPH. In the thr ...

Tags: Finance, United Kingdom

02/02/16
EPL Clubs Spending Reaches $1.4B

Premier League clubs have spent more than £1B ($1.4B) "on transfers in a season for the first time, new figures reveal," according to the BBC. A record £965M was spent in '14-15, but "that figure has already been beaten." The "20 clubs have already spent" £130M ($188M) in ...

Tags: Finance, United Kingdom

02/01/16
Dutch Startup SciSports Raises $1.46M

Start-up Dutch firm SciSports has raised €1.35M ($1.46M) to develop its BallJames three-dimensional pixel technology that is used to "enhance football data analysis," according to Paul Nicholson of INSIDE WORLD FOOTBALL. The technology works by "converting a match in real time into three-d ...

Tags: Finance, Europe

02/01/16
Asian Cup Had $57M Impact Down Under

A year to the day since Australia lifted the Asian Cup, new research shows the A$81M ($57.4M) economic impact "hosting the regional showpiece created for the country," according to Tom Smithies of the Sydney DAILY TELEGRAPH. More than A$7M ($4.96M) was added to the country’s gross domesti ...

Tags: Finance, Australia

02/01/16
Glazer Family Want Cuts At ManU

ManU owners the Glazer family want 15% cuts at the club "in most departments," according to John Richardson of the London EXPRESS. Despite the club’s value spiraling to around the £3B ($4.3B) "mark and sponsorship deals flooding in the axe has been sharpened by the controversial Flo ...

Tags: Finance, United Kingdom

01/29/16
DFL Needs To Double Revenue By '25

The German Football League (DFL) "believes the Bundesliga needs to double its revenue over the next 10 years to stay competitive," according to Thomas Schmitt of HANDELSBLATT. The most goals per game, the highest attendance and the 11th revenue record in a row, that is the resume of the '14-15 Bunde ...

Tags: Finance, Europe

01/29/16
CSD To Allocate $50M To Federations

Spain's sports federations will receive a subsidy of €46.1M ($50.4M), a figure that marks a 23.9% increase from last year, according to the EFE. Spain's Superior Sports Council (CSD) said that this is "due to the country's improved economic situation and the celebration of the Rio Olympics ...

Tags: Europe, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug