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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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06/07/13
Real Madrid Voids Season Ticket Interest

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06/07/13
Golf A Billion Dollar Business In Scotland

Golf "first began at least 500 years ago as a sport for gentlemen on the links lands of Scotland," according to Frank Urquhart of the SCOTSMAN. New research conducted by KPMG in association with Oxford Economics said that the Royal and Ancient Game is now worth a staggering £1B ($1.56B) a year ...

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06/07/13
LFP's Tebas Might Take Pay Cut

Spanish Football League (LFP) President Javier Tebas will on Friday present to league clubs his proposal to lower his own salary, according to Javier Hernandez of AS. Tebas will do so at Friday's Extraordinary General Assembly. In this way, "Tebas will live up to one of the promises he made after be ...

Tags: Finance, Europe

06/07/13
Finance Notes

Puma has committed itself to the Bangladesh Fire and Safety Agreement and pledges to ensure that its affiliated factories observe the highest standards of fire protection and safety. The agreement was initiated by global trade union Industry All ( ISPO ). ... Portuguese football side Sporting Dir Ge ...

Tags: Finance

06/06/13
Ex-Rangers CEO To Sell 700K Shares

Scottish Third Division club Rangers have announced former CEO Charles Green "has agreed to transfer over half a million shares" to Laxey Partners Ltd., according to the HERALD SCOTLAND. A London Stock Exchange statement said that the deal "was struck last October but under the terms of a lock-in ag ...

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06/05/13
ManU Shares Expected To Improve

ManU shares "could be set to perform well" over the next 12 months as the club "ushers in a new era of management," according to Matthew Kanterman of MSN MONEY. ManU "is set to close out its first fiscal year as a publicly traded company in the U.S. on June 13 and should report both its fi ...

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06/05/13
Billabong's Shares Plunge

Surfwear company Billabong "saw half its value wiped out after the company announced an end to long-running takeover talks," according to Josephine Moulds of the London GUARDIAN. The Australian group said two private equity firms, Altamont Capital and Sycamore, had "abandoned plans for a full takeov ...

Tags: Finance, Australia

06/05/13
Cambodian Nike Factory Workers Return

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06/05/13
Frankfurt Earns $1M Europa Bonus

Bundesliga club Eintracht Frankfurt "will receive a bonus payment from its new shirt sponsor FIAT because the team qualified for the UEFA Europa League," according to SPOX. FIAT, which will replace brewery Krombacher as the club's shirt sponsor with the start of the '13-14 season, will pay Frankfurt ...

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06/04/13
CVC Plans IMG Worldwide Takeover Bid

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