Featured Story

Repucom Sells 25.1% Stake In Advant Planning As Cooperation Fails To Materialize

Published in SportsBusiness Daily Global on 07 / 07 / 15

Repucom "has sold its stake in market research and consulting company Advant Planning," according to Kathrin Hartmann of SPONSORs. Repucom held 25.1% in company, which was founded in '12. It sold its stake to Ledavi boss Oliver Kaiser, who now holds 100% of Advant Planning. Repucom and Kaiser said t...

Read More

Tags: Europe, Finance

More Stories

08/20/14
Swiss To Hand Over Desailly's Tax Info

Switzerland will turn over bank account details on French footballer Marcel Desailly, the "third time this year it has agreed to hand over data" on a French player, according to Carolyn Bandel of BLOOMBERG. Swiss tax authorities will comply with a Dec. 23 request from their French counterparts to "t ...

Tags: Europe, Finance

08/19/14
Former FIA Boss Calls For Budget Cap

Former FIA President Max Mosley said that F1's bid to control costs will "only ever succeed if the sport accepts the need for a budget cap," according to Jonathan Noble of AUTOSPORT. With F1's chiefs and teams having "failed to agree on changes that will drastically cut spending next year," grand pr ...

Tags: Finance, Europe

08/19/14
FFA To Receive $500,000 From FIFA

The Football Federation of Australia unveiled a" long-term plan on Monday to raise the technical standard of women's football by bolstering the grassroots level of the game" with a six-figure grant from FIFA, according to Dominic Bossi of the SYDNEY MORNING HERALD. The FFA was granted A$536,000 ($50 ...

Tags: Finance, Australia

08/19/14
Levante's Debt Now Less Than $40M

La Liga side Levante President Quico Catalán has reduced his club's debt, which was at €90M five years ago, to €30M ($40M), and he "sees a promising future" for the Spanish Football League, according to Conrado Valle of AS. Catalán said of goalkeeper Keylor Navas, who recentl ...

Tags: Finance, Europe

08/19/14
Finance Notes

Bulgarian football club CSKA Sofia President Alexander Tomov said that over the past year the club has received more than €5M ($6.7M) in funding. Tomov: "Now I will tell you where the revenues for CSKA have come from. The club received over BGN 10 million ($6.7M) since we took over. BGN 2.6 mil ...

Tags: Finance

08/18/14
Football Clubs Bemoan Financial Rules

The "money men" in English and Scottish football have indicated that the financial rules brought in to "address the huge wealth gap between football clubs risk having the opposite effect," according to Mark Odell of the FINANCIAL TIMES. A survey by accounting firm BDO of 67 finance directors from th ...

Tags: Finance, United Kingdom

08/18/14
Ashley To Increase Stake In Rangers

EPL side Newcastle Owner Mike Ashley "is set to increase his stake" in Scottish Championship side Rangers, according to the Scotland DAILY RECORD. Ashley "has reportedly pledged a significant loan to the Ibrox side after he had knocked back a similar request earlier this year." The billionaire busin ...

Tags: Finance, United Kingdom

08/18/14
Anta Reports $130M First-Half Net Profit

Shanghai-based China Business News reported Chinese sportswear brand Anta Sports on Thursday unveiled its first-half net profit at 803M yuan ($130.5M), up 28.3% from the "same period a year earlier, after it closed more than 1,000 shops over the past two years as part of restructuring efforts," acco ...

Tags: Asia, Finance

08/15/14
Borussia Dortmund Exceeds Expectations

Borussia Dortmund recorded a double-digit million profit for the third year in a row and exceeded even its own sales target. Club CEO Hans-Joachim Watzke and CFO Thomas Treß made the announcement at Dortmund's annual press conference regarding the preliminary results of the fiscal year '13-14. ...

Tags: Finance, Europe

08/15/14
Sporting Lisbon To Sever Ties With Doyen

Portuguese football side Sporting Lisbon said it will "scrap agreements with the Doyen Sports player investment fund because the firm has been trying to arrange the sale of defender Marcos Rojo without its authorization," according to Tariq Panja of BLOOMBERG. Sporting, an 18-time Portuguese champio ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug