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Tour De France A Bargain For Sponsors As Team Sponsorships Drop 50%

Published in SportsBusiness Daily Global on 07 / 29 / 14

The Tour de France "is a bargain for sponsors, courtesy of Lance Armstrong," according to Danielle Rossingh of BLOOMBERG. The event "could once demand large investments from potential backers." Hilversum, Netherlands-based sports marketing consultant Frank van den Wall Bake said that tainted by dopi...

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Tags: Marketing and Sponsorship, Europe

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10/03/13
Producer To Donate To Spanish Sports

Spanish Superior Sports Council President Miguel Cardenal and Atlético Madrid President Enrique Cerezo, a movie producer, will on Thursday "present a collaborative initiative between the film and sports industries in which Cerezo will donate 1% of what he earns in ticket sales" from Cerezo's ...

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10/02/13
Schalke Revenue, Profit On Rise

Bundesliga club FC Schalke "has revealed increased revenue and profit in its mid-year results ending June 30," according to the SID. The club unveiled a mid-year revenue of €85.8M and a mid-year profit of €13.2M. During the same time period last year, Schalke had a revenue of €77.8M a ...

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10/01/13
Richest French Footballers To Be Taxed 75%

French football players will not "be excluded from a special tax on large fortunes," with those earning more than €1M ($1.3M) per year to be taxed at 75%, according to the EFE. French Sports Minister Valerie Fourneyron "assured that this tax, created for next year, will have no except ...

Tags: Europe, Finance

10/01/13
Team New Zealand Hopes To Raise $1M

A "fundraising appeal to send Team New Zealand to the next America's Cup to sort out 'unfinished business'" has raised more than NZ$8,500 ($7,100) in less than 24 hours, and its organizer hopes to hit NZ$1M ($830,000), according to Aimee Gulliver of FAIRFAX NZ NEWS. Kia Kaha Media CEO Ned Dawson, 46 ...

Tags: Finance, Australia

10/01/13
LFP President Outlines Economic Progress

Spanish Football League (LFP) President Javier Tebas on Monday explained to "several spokespersons from various departments in the Spanish government the results of the LFP's recent economic assessments of its teams," according to the EFE. Tebas and LFP Dir General Javier Gomez on Monday met with Co ...

Tags: Europe, Finance

10/01/13
'Football For All' Program To Receive $243,500

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09/30/13
LTA Freezes Grants To Tennis Clubs

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09/30/13
Lionel Messi Appears In Spanish Court

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09/27/13
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09/27/13
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