Featured Story

Cricket Australia CEO James Sutherland Refuses To Guarantee Cricketers' Pay Model

Published in SportsBusiness Daily Global on 10 / 28 / 16

Cricket Australia CEO James Sutherland "has refused to publicly endorse the ongoing set-percentage revenue-sharing model with players," potentially setting the stage for "another fiery pay war," according to Jon Pierik of the SYDNEY MORNING HERALD. Sutherland revealed that CA had booked a A$9.3...

Read More

Tags: Australia, Finance

More Stories

Sportech Wins Sport The Ball Tax Battle

The company that runs the football pools is "hoping to enjoy" a multi-million payout of its own after "scoring a significant victory" in its seven-year battle with the U.K. taxman, according to Nicholas Megaw of the FINANCIAL TIMES. Shares in Sportech rose as much as 23% on Wednesday after the Court ...

Tags: Finance, United Kingdom

Finance Notes

National Rugby League side Parramatta Eels ' board "could cost the embattled club" more than A$10M ($7.4M). That "is the cold, harsh financial reality of a board that has presided over a club in crisis." Parramatta faces a " financial black hole " on top of being stripped of all 12 of its competiti ...

Tags: Finance

EPL Side Bournemouth Fined $11M

Premier League side Bournemouth was fined £7.6M ($11M) by the Football League for breaching financial fair play (FFP) rules in its promotion-winning campaign last season, according to the PA. The club's accounts were published at Companies House on April 29 and they revealed the club had ...

Tags: Finance, United Kingdom

North West 200 Running At A Loss

North West 200 motorcycle races "are running at a loss, despite attracting a global TV audience of 800 million viewers," event chief Mervyn Whyte revealed on the eve of another race week, according to Jim Gracey of the BELFAST TELEGRAPH. Audited figures revealed by Whyte show a "significant ann ...

Tags: United Kingdom, Finance

ARU CEO Says Brumbies Remain Viable

Australian Rugby Union CEO Bill Pulver "is satisfied the Brumbies remain financially viable" despite the Super Rugby franchise’s "hefty legal costs and payout to departed CEO Michael Jones," according to the AAP. Brumbies Chair Robert Kennedy said later the franchise "would not need ARU h ...

Tags: Australia, Finance

U.K. In Line For $4.3B Economic Boost

Economists said that the U.K. is on track for a £3B ($4.3B) economic boost brought about by Euro 2016 and the Rio Olympics which are "both set to dominate this summer," according to John Glenday of THE DRUM. Armchair fans are expected to "oil food, drink, retail and betting businesses thr ...

Tags: Finance, United Kingdom

Bombers Doping Scandal Costs

Former Australian Football League side Essendon Bombers Manager James Hird's latest defeat in court -- this time being "slugged" with a bill for A$660,000 ($494,280) -- "is another chapter in a saga" that could eventually cost more than A$35M ($26.2M), according to Jon Pierik of THE AGE. The fall-ou ...

Tags: Finance, Australia

Leicester Players' Value Soars

Leicester City stands "on the brink of winning a historic Premier League title," and Manager Claudio Ranieri's regular starting 11 were put together at a cost of less than £21M ($31M), "so it's no surprise their values have risen hugely during their charge to the top of the table," accord ...

Tags: Finance, United Kingdom

Experts Dissect Leicester's Repeat Bid

Leicester City "stands on the brink of winning the English Premier League after a remarkable nine-month fairytale," according to Ahmed & Burn-Murdoch of the FINANCIAL TIMES. But after the celebrations, "the Midlands team will be left with a question: are they a one-season wonder or can they repe ...

Tags: Finance, United Kingdom

Guangzhou Evergrande Announces Deficit

The "cost of winning has caught up" with Chinese Super League side Guangzhou Evergrande Taobao FC, which has revealed a "staggering" loss of 953M yuan ($147M) for the year ended '15, according to Paul Nicholson of INSIDE WORLD FOOTBALL. The loss "is more than 2.5 times the club’s revenue which ...

Tags: Finance, China

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug