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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...

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Tags: Finance, United Kingdom

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04/16/13
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The official opening of Japanese sports equipment and sportswear Mizuno Corporation's retail store in Ulaanbaatar was organized at the "Altan Tugrug" Mall. Mongolia's "KGO" company was allowed to officially distribute the 108 year-old company's products ( INFO MONGOLIA, 4/15 ). ... Tecni ...

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04/15/13
Football Worth £330M To Manchester

Football contributed £330M in gross value to Manchester, England's economy in '10-11, "with the global profile that Manchester receives from football worth an additional" £100M ($150M) a year on an advertising-equivalency basis, according to Mark Baber of INSIDE WORLD FOOTBALL. A report ...

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04/12/13
Dunfermline Athletic Bids To Save Club

Scottish Football Club Dunfermline Athletic's interim administrators "have been given the go-ahead to continue their bid to save the football club," according to the BBC. Dunfermline had been granted interim administration last month after "facing a winding-up order" over a £132,000 ($203,000) ...

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04/12/13
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Germany sports retail chain SportScheck achieved a gross turnover of about €394M ($516.61M) for the fiscal year until the end of February, down by just 3.4% compared with its record sales the previous year ( ISPO, 4/11 ). ... Under Armour has teamed up with former adidas Brasil President Marc ...

Tags: Finance, Europe, Brazil

04/11/13
China Sportswear Company Sues Jordan

Chinese sportswear company Qiaodan Sports said that it sued Michael Jordan for $8M in damages "after his lawsuit claiming unauthorized use of his name," according to Vinicy Chan of BLOOMBERG. The retailer’s suit "was accepted by the Quanzhou City Intermediate People’s Court in Fujian on ...

Tags: Finance, China, North America

04/11/13
Duo Forms New Sports Business Venture

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04/11/13
Ex-Ranger Owner Faces Bankruptcy

Former Scottish Third Division Rangers Owner Craig Whyte "is facing bankruptcy after losing a court battle with Ticketus " over a £17. 7M ($27. 1M ) dispute, according to the SCOTSMAN. Whyte "has been ordered to pay the sum back to Ticketus " after a High Court judge in London ruled i ...

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04/10/13
English Counties Plan For Bright Future

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04/10/13
Gloucestershire Records Record Profit

Gloucestershire County Cricket Club made a trading surplus of £108,000 ($165,000) during the financial year ending Jan.y 31 "despite enduring the wettest summer in living memory," according to Andy Stockhausen of the Bristol POST. The club made a record profit of £2.9M ($4.4M) but £ ...

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04/10/13
S. African Rugby Union Reports Profits

The South African Rugby Union "has reported modest pre-tax profits" of 6.2M rand ($675,300) for the year ended Dec. 31, according to Nick Said of REUTERS. Group revenue rose 15% to $75M from $65M, "due mainly to an increase in income from broadcasting rights, sponsorships and home tests," which we ...

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