Featured Story

England & Wales Cricket Board Chair Graves Opens Door To Pietersen Return

Published in SportsBusiness Daily Global on 03 / 02 / 15

Incoming England & Wales Cricket Board Chair COLIN GRAVES has given England cricket player KEVIN PIETERSEN "a glimmer of hope that he may yet be able to resurrect his England career," according to the AFP. With England toiling at the World Cup and Pietersen having spoken of his eagerness t...

Read More

Tags: People and Pop Culture, United Kingdom

More Stories

Barcelona Pays Tax Authorities $18.6M

Barcelona said on Monday that it has paid €13.5M ($18.6M) to the Spanish tax authorities after the club was " charged last week with tax fraud in the signing of Brazil forward Neymar," according to Iain Rogers of REUTERS. Barcelona insisted that it "had not committed any tax offence and said t ...

Tags: Europe, Finance

NRL Expansion Back On The Agenda

National Rugby League expansion is "firmly back on the agenda" after the NRL announced plans to invest more than A$200M ($181M) to "make rugby league the No. 1 code in Australia within four years," according to Brad Walter of the SYDNEY MORNING HERALD. Bolstered by a A$49.4M profit in his first year ...

Tags: Australia, Finance

Barça To Pay Tax Authorities $12.4M

Barcelona will pay the Spanish tax authorities the more than €9M ($12.4M) that the club " supposedly avoided in taxes in the various contracts it signed to bring in Neymar," according to Manel Pérez of LA VANGUARDIA. The decision "could be confirmed by Barcelona's board by Monday." The ...

Tags: Finance, Europe

Puma's Fourth Quarter '13 Sales Suffer

Puma aims to "position itself to global consumers as the 'fastest sportswear brand in the world,' but that ambition was not reflected in sales for the fourth quarter, which fell more than expected," according to Alice Ross of the FINANCIAL TIMES. The sponsor of sprinter Usain Bolt admitted that it h ...

Tags: Europe, Finance

Barça Could Face Tax Evasion Charges

Spain's High Court is "seeking to charge" Barcelona as a legal entity for "alleged tax fraud in the signing of Neymar," according to the EFE. Prosecutors believe that the transaction "was carried out through the issuing of false invoices, leading tax authorities to suspect that the transfer fee pres ...

Tags: Europe, Finance

Running Business Booming In Spain

Running "has become the new golf" in Spain with "2.5 million runners" in the country, according to Carlos Galindo of SPORT.  The country now has 3,000 races and the "average running expenditure" on equipment is €750 ($1,032). Sales for running shoes "have also increased, with men accountin ...

Tags: Europe, Finance

Heineken Organizers Withhold Payment

Premiership Rugby has accused European Rugby Cup Ltd. of "being in breach of contract after the Heineken Cup organisers again voted to withhold the February instalment of payments that it owes to all participating clubs," according to Alex Lowe of the LONDON TIMES. The English clubs are owed £ ...

Tags: Finance, United Kingdom

Finance Notes

The U.K.'s largest sportswear retailer, Sports Direct Int'l PLC, Wednesday "reported an 11.2% rise in sales" for the 13 weeks ended Jan. 26, helped by a strong online performance, and said that "it is confident of achieving its full year earnings target." Sports Direct, which has around 400 stores i ...

Tags: Finance

SSV Ulm Agrees To Deal With Investor

German fourth-tier football club SSV Ulm "has agreed to a cooperation with an investor from Abu Dhabi," according to Adrian Bohrdt of SPOX. It has been reported that the club "has entered a partnership with player agency MKI Sports Int'l Group." Ulm spokesperson Volkhard Stütz "confirmed that a ...

Tags: Finance, Europe

India Sports Gets Marginal Budget Hike

India's Ministry of Youth Affairs & Sports "got a marginal hike" of around Rs 12 crore ($1.9M) in the interim budget for '14-15 presented by Finance Minister P. Chidambaram in Parliament, according to the PTI. In his interim budget presented in the Lok Sabha, Chidambaram allocated Rs 1,093 crore ...

Tags: Finance, India

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug