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Gaza Protestors Attack Israeli Premier League Side Maccabi Haifa In Austria

Published in SportsBusiness Daily Global on 07 / 25 / 14

Protesters against Israel's military offensive in Gaza attacked Israeli football players "at a friendly match in Austria on Wednesday evening, stopping play five minutes before the end," according to Georgina Prodhan of REUTERS. Salzburg police said on Thursday that around 20 people with flags and p...

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Tags: International Football, Europe

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HKJC Announces Higher Stake Money

The Hong Kong Jockey Club "announced higher stake money across the board for next season to keep pace with its soaring betting turnover, maintaining its claim as the place with the world's highest prize money per race and setting the tone for future increases," according to Michael Cox of the SOUTH ...

Tags: Finance, China

Looking Back At World Cup In South Africa

As the football world descends on Brazil for the FIFA World Cup this week, "disillusionment over the last tournament still lingers in South Africa," according to Matt Egan of CNN MONEY. The 2010 World Cup "boosted tourism and national pride, but it's clear the economic benefits failed to live up to ...

Tags: Finance, Africa

Chinese Brands Hope For WC Sales Bounce

First-quarter sales figures indicate that Chinese sportswear brands "are showing signs of recovery, and companies expect further growth this summer to come from the 2014 FIFA World Cup," according to the CHINA DAILY. A group of domestic athletic apparel manufacturers "announced first-quarter sales a ...

Tags: Finance, Brazil

Deutsche Bank Drops Investment Plans

Financial institute Deutsche Bank "has pulled out of negotiations with Bundesliga side Borussia Dortmund to acquire a 10% stake in the club," according to FOCUS ONLINE. Media reports about a possible investment of the bank "helped the club's publicly traded shares to reach a 12-year high last week ...

Tags: Finance, Europe

Renault, Caterham Revise Car Structure

Renault has increased its stake in Société des Automobiles Alpine Caterham to 100%, following the acquisition of the interest held by Caterham Group. Renault will now continue to develop its own Alpine sports car to be launched in '16, as initially planned. Caterham Group also plans t ...

Tags: Finance, United Kingdom, Europe

Rangers Directors Hold Showdown Talks

Scottish Championship side Rangers directors "were locked in showdown talks" in London "as they attempt to stave off more financial chaos," according to Keith Jackson of the Scotland DAILY RECORD. Brothers Sandy and James Easdale traveled to meet with representatives of shareholders groups Blue Pitc ...

Tags: Finance, United Kingdom

Britain's Grassroots Football Gets Cash

Grassroots football facilities across Britain "are set to benefit" from a £5.8M ($9.7M) cash injection, "thanks to the Premier League and the FA Facilities Fund," according to SKY SPORTS. The funding, which will aid 67 facilities, constitutes the first investment from the new fund "which will ...

Tags: Finance, United Kingdom

Glasgow 2014 Seeks Emergency Funds

Commonwealth Games organizers "could be forced to dip into an emergency Scottish Government fund after draining" their own £46M ($77M) back-up cash supply, according to Jane Bradley of the SCOTSMAN. The contingency fund for next month’s Games -- supposed to be used only if “absolut ...

Tags: Finance, United Kingdom

Sports Direct Sets Out $336M Bonus Plan

Sportswear retailer Sports Direct "asked its shareholders to approve a new bonus scheme" that will allow its Founder & Deputy Exec Chair Mike Ashley to receive a payout, according to the BBC. The plan will grant as many as 25 million shares, worth about £200M ($336M), to 3,000 employees, " ...

Tags: Finance, United Kingdom

Canadian Grand Prix Stays In Montreal

Montreal's Circuit Gilles Villeneuve "will host the Canadian Grand Prix for at least the next 10 years after signing a new deal" with F1, according to Andrew Benson of the BBC. The track "has a new contract until 2024." As part of the long-term arrangement, organizers will invest $32M in "upgrading ...

Tags: Finance, North America

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