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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....

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Tags: Media, United Kingdom

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NZRU Announces Financial Turnaround

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Tags: Finance, New Zealand

Havas Reports Rise In Pre-Tax Profits

Havas Group, the owner of the Havas Worldwide and Havas Media networks, "has reported pre-tax income" of €190M ($247M) in '12, an increase of 14.5% year on year after growth in new business, digital and emerging markets, according to Maisie McCabe of CAMPAIGN LIVE. According to Havas Group&rsqu ...

Tags: Finance, United Kingdom

Constantin Medien Exceeds Forecast

Germany's Constantin Medien Group "exceeded its business expectations" in '12 primarily in the film segment as well as in the sports- and event-marketing segment," according to 4-TRADERS.com. Group sales increased over last year's figure by 11.8% to €520.5M ($671.6M). Sales were "significantly ...

Tags: Finance

AFL On Track To Be Debt Free

The Australian Football League announced on Monday a "return to black figures last year" after a financial turnaround of A$30.3M ($31.5M), according to Greg Denham of THE AUSTRALIAN. The AFL recorded a net profit of A$6.7M in '12 "during the first year of its new broadcast and digital medi ...

Tags: Finance, Australia

Spanish Football Debt Down 8.2%

Spanish professional football clubs now owe the country's tax authority AEAT €690.4M ($893.8M), according to the EFE. The debt is down 8.2% from the previous year "as a consequence of the control plan put in place" by the AEAT. The overall debt is down about €62M ($80M) from the €752. ...

Tags: La Liga, Finance, Europe

J.League Announces Losses For 2012

The J.League reported higher than budgeted revenue for the final nine months of '12 "partically due to donation towards earthquake disaster relief," according to JIJI. J.League budgeted 9.6B JPY, which was 58M JPY more than budgeted. Total expense was 9.8B JPY, which was 235M JPY less than budgeted. ...

Tags: Finance, Japan

Schalke Releases '12 Financial Results

Bundesliga club FC Schalke 04 "has released its financial results" from the '12 fiscal year in which it lost €4.55M ($5.94M), according to KICKER. Just one year earlier, Schalke generated €5.57M in profits. The club said that the negative result is due to "player contracts that it signed o ...

Tags: Finance, Europe

AEG Sale Halted, Anshutz Retains Control

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Tags: Finance

F1's Smaller Teams Struggling

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Tags: Finance, Europe

Barcelona Gets Pay Boost From UEFA

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Tags: Finance, Europe

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