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Gaza Protestors Attack Israeli Premier League Side Maccabi Haifa In Austria

Published in SportsBusiness Daily Global on 07 / 25 / 14

Protesters against Israel's military offensive in Gaza attacked Israeli football players "at a friendly match in Austria on Wednesday evening, stopping play five minutes before the end," according to Georgina Prodhan of REUTERS. Salzburg police said on Thursday that around 20 people with flags and p...

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Tags: International Football, Europe

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10/14/13
Woodland To Invest $82M In India Stores

Footwear and apparel firm Woodland will invest up to Rs 500 crore ($82M) in the next three years to set up eight "super stores" in India "that will retail outdoor and adventure sports equipment," according to the PTI. The company "plans to sell premium adventure and outdoors sports products and ...

Tags: Finance, India

10/11/13
Leaders: WPP Drops IMG Bid

Advertising agency WPP has ruled itself out of the running for IMG, believing its rumored $2.5B price tag is too high to justify a bid, while WPP CEO Martin Sorrell believes the sports sponsorship market is being undermined by the short shelf life of senior execs. Sorrell, speaking at Thursday&rsquo ...

Tags: Finance, United Kingdom

10/11/13
Report Shows Deportivo $217M In Debt

A report about Spanish second division side Deportivo La Coruña's debt and "its active bill shows a debt" of nearly €96M ($130M) with the Spanish tax authorities, according to the EFE. Of that €96M, €34M ($46M) could "be reduced if the club can reach an agreement with bankruptc ...

Tags: Europe, Finance

10/11/13
Nike India Targets Youth Market

Nike "is now digging deeper to reach its core audience -- the teenage buyer," according to Antonita Madonna of the Indian BUSINESS STANDARD. In India it is "sharpening its use of the audience's regular digital and physical haunts" -- social networks, mobile phones and colleges. So far Nike "had ...

Tags: Finance, India

10/10/13
Barcelona Discusses Team Finances

Barcelona Economic VP Javier Faus "recently talked about a number of subjects related to Barcelona," according to MUNDO DEPORTIVO. Faus pointed out that when he entered the club it owed €440M ($595M), but that it is now €330M ($446M) in debt. Faus described the revenue earned by each area ...

Tags: Europe, Finance

10/10/13
Euro Commission Investigation Ongoing

The European Commission is "going forward with its investigation about various Spanish football clubs and does not have any indication regarding when the investigation will conclude," according to the EFE. EC Competition Commissioner Joaquin Almunia confirmed that the EC is "investigating the dist ...

Tags: Finance, Europe

10/10/13
Economist Addresses Real Madrid Finances

Spanish economist Gay de Liébana recently addressed Real Madrid's financial situation, according to Marco Ruiz of AS. The following is an excerpt from the Q&A: Q : What feeling do you get from the audit of Real Madrid's accounts? Gay de Liébana : That Madrid is very oversi ...

Tags: Finance, Europe

10/09/13
Bayern To Unveil New Record Revenue

Bayern Munich Exec Chair Karl-Heinz Rummenigge revealed “a revenue increase of more 20% for the current fiscal year,” according to Ben Priechenfried of DIE WELT. Rummenigge: “We can report revenue of more than €400 million" ($542.8M). During the previous ’12-13 season, t ...

Tags: Finance, Europe

10/09/13
Turkish Football Clubs Facing Debt

Turkish champion Galatasaray's $57M debt due in the next 12 months, "racked up by hiring coach Roberto Mancini and players including former Chelsea star Didier Drogba, is drawing whistles from investors," according to Ersoy & Bilgic of BLOOMBERG. Galatasaray has "seen its shares slump" 31% this ...

Tags: Europe, Finance

10/08/13
Beckham Earned $23M From Branding Firm

David Beckham has received a £14.1M ($23M) pay package "from a company set up to cash in on his worldwide fame," according to the HERALD SCOTLAND. Annual accounts for '12 filed by Footwork Productions "show it rewarded its highest paid director, understood to be the former Real Madrid an ...

Tags: Finance, United Kingdom

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