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Channel Ten Interested In Australian Football League Broadcast Rights

Published in SportsBusiness Daily Global on 08 / 27 / 14

Channel Ten "has signalled its interest in bidding" for the next Australian Football League broadcast rights, "even if the AFL decides it wants a 10-year agreement," according to Jon Pierik of THE AGE. AFL CEO Gillon McLachlan "has floated the prospect of an extended deal," with the present five-yea...

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Tags: Media, Australia

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Milne Insists Aberdeen Not Under Threat

Scottish Premiership side Aberdeen Chair Stewart Milne insisted on Tuesday that the club is in "sound financial health" -- despite having debts of more than £15M ($24M), according to Michael Gannon of the Scotland DAILY RECORD. The club made losses last year of &p ...

Tags: Finance, United Kingdom

Mexico's WC Berth To Impact Economy

Mexico's participation in the 2014 World Cup will "serve to reactivate the country's economy," according to Marisela López of LA AFICION. Liga MX side Santos Laguna Commercial Dir Manuel Portilla White said, "The World Cup sets off many things and is an economic stimulant. When it begins, it ...

Tags: Finance, North America

Dortmund To Pay $8.2M In Dividends

Bundesliga club Borussia Dortmund Managing Dir Hans-Joachim Watzke said at its shareholder meeting on Monday that the club generated a revenue of €305M ($412M) and "is only 25% behind Bayern Munich," according to the DPA. The Munich-based club "spent more than double on its payroll co ...

Tags: Finance, Europe

Four Scottish Clubs Finances 'Critical'

A new report by corporate rescue and recovery specialists Begbies Traynor reveals that four football clubs in the top three Scottish divisions "were facing 'critical' financial pressure at the end of last month," according to the SCOTSMAN. The Football Distress Survey also found that a further 16 cl ...

Tags: Finance, United Kingdom

Ecuador Football Facing Financial Crisis

This year, teams competing in the top divisions of Ecuadorean football are facing "realities including clubs playing games with reserves as starters have refused to play over lack of payment and footballers becoming sick during practices from not eating as a result of delayed payment," according to ...

Tags: Finance, South America

Northern Ireland Grants Clubs Tax Breaks

Northern Ireland grassroots sports clubs "are to receive tax breaks from the Government to help increase participation," according to the BELFAST TELEGRAPH. More than 40,000 clubs will be able to keep up to £80,000 ($129,660) in "revenue from bars, cafes and hiring out facilities before having ...

Tags: Finance, Europe

Brazil Awards $9B In Airport Deals

Brazil opened two of its busiest airports to private investors on Friday, awarding $9B worth of contracts "in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics," according to Goy & Vilas Boas of REUTERS. The concessions, in Rio de ...

Tags: Finance, Brazil

KKR Withdraws IMG Bid

KKR has withdrawn its bid to buy IMG, reducing the total number of bidders for the company to three. Sources familiar with the process said the three finalists are the Carlyle Group; a consortium led by CVC Capital Partners and former News Corp. exec Peter Chernin; and a joint bid from William Morri ...

Tags: Finance

Laxey Is Largest Rangers Shareholder

Isle of Man-based hedge fund Laxey Partners "has become the largest shareholder" in Scottish League 1 Rangers following a £1.4M ($2.2M) deal, with the fund signaling that it will vote in favor of the current board members at the annual general meeting, according to the SCOTSMAN. The grou ...

Tags: Finance, United Kingdom

Spain Sports Body Supports Online Store

Spanish sport "is far from a 'Eureka!' moment," but has at least begun to "consider generating private revenue that would allow organizations to fill the enormous hole left by decreases in public subsidies in recent years," according to Amaya Iríbar of EL PAIS. One idea was presented at Tuesd ...

Tags: Europe, Finance

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