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Barcelona's Lionel Messi Makes Global Headlines After Breaking Zarra Goal Record

Published in SportsBusiness Daily Global on 11 / 24 / 14

LIONEL MESSI ’s record-breaking goals against La Liga side Sevilla dominated the sports pages around the world Sunday. In Barcelona, Mundo Deportivo titled a double-page spread “Always Messi,” adding that “Leo beat ZARRA ’s record and with 253 goals is now the greates...

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Tags: People and Pop Culture, Europe

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Newcastle Cuts Losses, Boosts Revenue

EPL side Newcastle United cut operational losses to £660,000 in the '12-13 financial year "in an effort to comply with UEFA's financial fair play (FFP) regime," and boosted commercial revenue by almost 25%, according to Robert Woodward of REUTERS. This revenue increase to £17.1M "helped ...

Tags: Finance, United Kingdom

Chivas' '13 Revenue Best In Hemisphere

Sports marketing agency Euromericas' study of the revenue made in '13 by North and South American clubs revealed that Liga MX Chivas finished No. 1 with $625M, according to SPORT. The revenue figures are "based on sponsorship, brand value, teams’ players’ total value and revenue from TV, ...

Tags: Finance, North America

Finance Notes

Ladbrokes’ pre-tax profits fell by more than two-thirds in '13, "underlining the UK bookmaker’s struggle to attract customers online and maintain its overall market share." On revenues of £1.1B, up 5.5%, group operating profit tumbled 38.9% to £144.2M. The digital business pu ...

Tags: Finance

Bradford Bulls Consortium Gets Go-Ahead

Super League side Bradford Bulls 2014 Ltd. consortium "have had their takeover accepted by the club's administrator," according to the BBC. Bradford was "placed into administration" on Jan. 31 after its former holding company, OK Bulls Ltd., the company of former Owner Omar Khan, entered administrat ...

Tags: Finance, United Kingdom

Barcelona Pays Tax Authorities $18.6M

Barcelona said on Monday that it has paid €13.5M ($18.6M) to the Spanish tax authorities after the club was " charged last week with tax fraud in the signing of Brazil forward Neymar," according to Iain Rogers of REUTERS. Barcelona insisted that it "had not committed any tax offence and said t ...

Tags: Europe, Finance

NRL Expansion Back On The Agenda

National Rugby League expansion is "firmly back on the agenda" after the NRL announced plans to invest more than A$200M ($181M) to "make rugby league the No. 1 code in Australia within four years," according to Brad Walter of the SYDNEY MORNING HERALD. Bolstered by a A$49.4M profit in his first year ...

Tags: Australia, Finance

Barça To Pay Tax Authorities $12.4M

Barcelona will pay the Spanish tax authorities the more than €9M ($12.4M) that the club " supposedly avoided in taxes in the various contracts it signed to bring in Neymar," according to Manel Pérez of LA VANGUARDIA. The decision "could be confirmed by Barcelona's board by Monday." The ...

Tags: Finance, Europe

Puma's Fourth Quarter '13 Sales Suffer

Puma aims to "position itself to global consumers as the 'fastest sportswear brand in the world,' but that ambition was not reflected in sales for the fourth quarter, which fell more than expected," according to Alice Ross of the FINANCIAL TIMES. The sponsor of sprinter Usain Bolt admitted that it h ...

Tags: Europe, Finance

Barça Could Face Tax Evasion Charges

Spain's High Court is "seeking to charge" Barcelona as a legal entity for "alleged tax fraud in the signing of Neymar," according to the EFE. Prosecutors believe that the transaction "was carried out through the issuing of false invoices, leading tax authorities to suspect that the transfer fee pres ...

Tags: Europe, Finance

Running Business Booming In Spain

Running "has become the new golf" in Spain with "2.5 million runners" in the country, according to Carlos Galindo of SPORT.  The country now has 3,000 races and the "average running expenditure" on equipment is €750 ($1,032). Sales for running shoes "have also increased, with men accountin ...

Tags: Europe, Finance

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