Featured Story

Dyke Says FA Will Not Bid For FIFA Events As Long As Blatter Is In Power

Published in SportsBusiness Daily Global on 07 / 23 / 14

Sepp Blatter’s power over FIFA is like that of North Korean dictator Kim Jong-Un, according to FA Chair Greg Dyke, who has called on football’s int'l governing body to introduce fixed terms of office for FIFA’s top execs and said the FA will not bid to host FIFA tournaments as long...

Read More

Tags: International Football, United Kingdom

More Stories

German Leagues Score Record Revenue

The Basketball Bundesliga (BBL), the German Hockey League (DEL), the Handball Bundesliga (HBL) and football's 3rd League generated a combined revenue of €384M ($528M) during the '12-13 fiscal year. The sixth "Finanzreport deutscher Profisportligen" (Financial Report of German Professional Sport ...

Tags: Finance, Europe

France Exempts Monaco From 75% Tax

The French government on Friday performed a U-turn and "exempted Monaco from paying the 75 percent tax" on earnings of more than €1M ($1.37M) that will be introduced in '14, according to the AFP. Deputies in the National Assembly had agreed that Monaco, which is subject "to vastly different tax ...

Tags: Finance, Europe

Aggreko Wins World Cup Power Contract

British power supplier Aggreko "has won contracts to supply power" at the 2014 World Cup in Brazil and the 2014 Commonwealth Games in Glasgow, "following a challenging period" for the company, according to Angela Monaghan of the London GUARDIAN. Shares in Aggreko rose 5.8%, "making it the biggest FT ...

Tags: Finance, United Kingdom, Brazil

EPL Paying Many Staffers Minimum Wage

London community organization Citizens UK's "focus on the wages paid by England's Premier League football clubs exposes a stark truth about what used to be called 'the people's game,'" according to David Conn of THE OBSERVER. Football clubs, "enjoying a commercial boom" that has delivered a '13-16 T ...

Tags: Finance, United Kingdom

FIFA Considers Third-Party Investment

A person with "direct knowledge of the situation" said that FIFA "supports allowing investors to buy players' transfer rights in some cases," putting football's ruling body "at odds with European officials who want a total ban," according to Tariq Panja of BLOOMBERG. A report by accounting firm KPMG ...

Tags: Europe, Finance

India Tax Department Cited For Exemptions

India's Comptroller & Auditor General has "pulled up the Income Tax Department" for irregular exemptions to "four cricket associations engaged in commercial activities on their income from television rights, leaving the exchequer poorer" by Rs. 37.23 crore ($6M), according to the Indian BUSINESS ...

Tags: Finance, India

Sports Direct-Adidas Conflict Escalates

U.K. retailer Sports Direct's billionaire founder Mike Ashley is "threatening to build a hostile stake in Adidas as a row escalates over the supply of Premier League football kits," according to Oliver Shah of the SUNDAY TIMES. Ashley has indicated that Sports Direct could "start buying shares to ex ...

Tags: Finance, United Kingdom

Sports Direct In Kit Battle With Adidas

U.K. retailer Sports Direct has become embroiled in "a spat with adidas over Chelsea's football kit" which has factored into shares falling 8% in Thursday morning trading, according to Robinson & Powley of the FINANCIAL TIMES. Sports Direct revealed that adidas "will not provide it with next sea ...

Tags: Finance

Hedge Funds Betting Against ManU

ManU has had a "dismal start in the Premier League this season -- and some hedge funds are betting that their shares will have a similarly rotten run of form," according to Robinson & Blitz of the FINANCIAL TIMES. Odey Asset Management, "founded by hedge fund manager Crispin Odey" and one of th ...

Tags: Finance, United Kingdom

Slim's Rivalry Plays Out On Mexican Field

Mexican billionaires Carlos Slim and Emilio Azcarraga, who typically go head-to-head for phone customers and TV viewers, are "taking their rivalry to the soccer field this week in their country’s championship game," according to Patricia Laya of BLOOMBERG. Slim, the owner of the nation’s ...

Tags: Finance, North America

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug