Featured Story

U.K.'s Jockey Club Announces Record-Setting Profit Increase Of 11% In 2013

04 / 18 / 14

The Jockey Club, which stages "some of British horseracing's most famous events including the Cheltenham festival and the Grand National, announced record financial results," according to Stephen Wood of REUTERS. The group, the "largest commercial operation in the sport in Britain," increased its tu...

Read More

Tags: Finance, United Kingdom

More Stories

06/19/13
Spain Side Salamanca Liquidated

Spanish football club Unión Deportiva Salamanca, which was this year celebrating its 90th anniversary, ceased to exist on Tuesday morning, according to INSIDE SPANISH FOOTBALL. The club had "been in administration for some considerable time." Due to "crippling debts," Salamanca, which spent t ...

Tags: Europe, Finance

06/19/13
Messi Tax Investigation May Be Expanded

Spain's tax agency "may expand an investigation" of Lionel Messi that has already led to charges against Messi , according to the EFE. Messi "stands accused of defrauding the Spanish state" of some $5.5M in taxes on income from endorsements that he allegedly failed to report on his '07, '08 and '09 ...

Tags: Europe, Finance

06/19/13
Lotus F1 Sells 35% Of Shares To Infinity

F1 team Lotus, featuring drivers Kimi Räikkönen and Romain Grosjean, has sold 35% of the team's shares to investor group Infinity Racing, according to the EFE. Infinity Racing joins Genni Capital, which controls the majority of the team, and Lotus President Gerard López will remain ...

Tags: Europe, Finance

06/19/13
British Horse Racing Generated £3.5B

British horse racing has had an overall impact of £3.5B on the British economy in '12, according to the "Economic Impact of British Racing 2013" published by the British Horseracing Authority and Deloitte. The figure is only a marginal rise since the last report in '09. However, once inflation ...

Tags: Finance, United Kingdom

06/19/13
Maradona Wins Lawsuit In Shanghai

Former Argentina striker and Manager  Diego Maradona won a 3M yuan ($490,000) lawsuit in Beijing Monday "against two Shanghai firms which used his name and image without permission," according to the SHANGHAI DAILY. The Beijing No. 1 Intermediate People's Court ruled t ...

Tags: Finance, China

06/18/13
I-League Clubs Lose Sponsorship Funds

I-League clubs Mohun Bagan and East Bengal "are up against financial problems," according to Aabhas Sharma of the Indian BUSINESS STANDARD. Both were being sponsored by Indian business magnate Vijay Mallya's UB Group "for the last 15 years." With Mallya's business interests taking a severe hit ...

Tags: Finance, India

06/18/13
New Zealand Football Eyes Sky TV Deal

New Zealand Football hopes that a new broadcast deal with Sky TV "can help produce a self-sufficient business model this year," according to Simon Plumb of FAIRFAX NZ NEWS. NZ Football "has agreed a package deal with Sky, guaranteeing that eight All Whites and six Football Ferns matches will be scre ...

Tags: Finance, Australia

06/18/13
Perform To Buy Sports Data Firm Opta

Sports media business Perform "is in advanced talks to buy" London-based supplier of sports statistics Opta Sports Data, according to Katherine Rushton of the London TELEGRAPH. Opta's venture-capital backer, Albion Capital, is understood "to have put the company up for sale" for around £40M ( ...

Tags: Finance, United Kingdom

06/18/13
Thiago Most Valuable La Rojita Player

According to Transfermarkt, which determines the market value of football players, the Spanish U21 national team's most valuable player is Thiago Alcántara, whose value is €22M ($29.4M), according to Juan Manuel Díaz of SPORT. Per Transfermarkt, Iker Muniain and Isco are both valu ...

Tags: Europe, Finance

06/14/13
Kieran Prior To Buy Stake In Rangers

Private equity firm Pri Arc boss Kieran Prior claims that he is "set to buy a stake" in Scottish Second Division Rangers and "could soon become the Ibrox club’s biggest single shareholder," according to David Gunn of the SCOTSMAN. The Salford-born 34-year-old, now based in London, "has ce ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug