Featured Story

British Pubs Turn Away From Using Live Sports To Attract Customers

Published in SportsBusiness Daily Global on 07 / 28 / 14

Pub companies and landlords "are turning their back on live sport as a magnet for attracting customers and darkening their TVs instead, signalling the decline in a relationship that was integral to the development of the Premier League and Sky," according to Blitz & Mance of the FINANCIAL TIMES....

Read More

Tags: Media, United Kingdom

More Stories

06/24/13
Monaco FC Looking To Remain Tax-Free

Ligue 1 AS Monaco went to court this week "looking to quash a ruling from French football authorities that its privileged tax-free status must come to an end and it must start to pay income tax like any other club," according to Roger Blitz of the FINANCIAL TIMES. The French Professional League (LFP ...

Tags: Finance, Africa

06/21/13
Messi, Father To Appear In Court

Lionel Messi and his father "will have to testify in court" over allegations they committed a €4M ($5.3M) tax fraud, after a Spanish judge "accepted a court filing from the prosecution and declared the two men formal suspects in the case," according to Tobias Buck of the FINANCIAL TIMES. The Ar ...

Tags: Finance, Europe

06/21/13
Usmanov Not Selling Shares In Arsenal

Russian billionaire Alisher Usmanov said that he "plans to retain" his almost 30% stake in EPL Arsenal because "it’s a good investment," according to Fedorinova, Chilcote & Khrennikov of BLOOMBERG. Usmanov said, "Why do I need to change my status, which gives me major benefits, from the in ...

Tags: Finance, United Kingdom

06/20/13
Welsh Rugby CEO Favors Profits Split

Welsh Rugby Union CEO Roger Lewis said that the home nations "need to look at how the money made from the British and Irish Lions tours is divided up," according to the BBC. The Lions are "currently on a tour of Australia, culminating in a three-Test series against the Wallabies." Lewis claims  ...

Tags: Finance, United Kingdom

06/20/13
NRL Newcastle Knights Remain Safe

National Rugby League Newcastle Knights' immediate future "appears safe," with Australian billionaire Nathan Tinkler's A$10.3M ($9.6M) club bank guarantee remaining despite the sale of his interest in Whitehaven Coal, according to Robert Dillon of the SYDNEY MORNING HERALD. Wednesday's revelations " ...

Tags: Australia, Finance

06/20/13
F1 Would Have 4th-Best GDP As A Nation

F1 is the world's fourth-largest economy, according to Ted Macauley of GULF NEWS. If F1 were a nation, "rather than a 200-meter long avenue of trucks, motorhomes, stacks of tires and hospitality units, it would be a global superpower." A study by the Int'l Monetary Fund made "this amazing revelation ...

Tags: Finance, Europe

06/19/13
Adidas Expects Football Sales To Rise

Adidas said that football sales will rise to a record €2B ($2.7B) next year, "boosted by the World Cup in Brazil," according to Julie Cruz of BLOOMBERG. Adidas CEO Herbert Hainer said, "Through the World Cup we will once again underline our leading position." Adidas said that it will start intr ...

Tags: Finance, Europe

06/19/13
Spain Side Salamanca Liquidated

Spanish football club Unión Deportiva Salamanca, which was this year celebrating its 90th anniversary, ceased to exist on Tuesday morning, according to INSIDE SPANISH FOOTBALL. The club had "been in administration for some considerable time." Due to "crippling debts," Salamanca, which spent t ...

Tags: Europe, Finance

06/19/13
Messi Tax Investigation May Be Expanded

Spain's tax agency "may expand an investigation" of Lionel Messi that has already led to charges against Messi , according to the EFE. Messi "stands accused of defrauding the Spanish state" of some $5.5M in taxes on income from endorsements that he allegedly failed to report on his '07, '08 and '09 ...

Tags: Europe, Finance

06/19/13
Lotus F1 Sells 35% Of Shares To Infinity

F1 team Lotus, featuring drivers Kimi Räikkönen and Romain Grosjean, has sold 35% of the team's shares to investor group Infinity Racing, according to the EFE. Infinity Racing joins Genni Capital, which controls the majority of the team, and Lotus President Gerard López will remain ...

Tags: Europe, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug