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Scottish Premiership Side Heart Of Midlothian One Step Closer To Exiting Administration

04 / 17 / 14

Scottish Premiership side Heart of Midlothian moved a "step closer to coming out of administration after creditors of a failed Lithuanian bank approved the sale of shares in the club," according to Brian McLauchlin of the BBC. Edinburgh businesswoman Ann Budge has been "awaiting an agreement" so she...

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Tags: Franchises, United Kingdom

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03/13/14
Frankfurt Offers Racecourse To DFB

The Niederrad horse racecourse in Frankfurt "is about to close down," according to HR ONLINE. The racecourse "is expected to host its final races" in '15. However, the city "has already come up with a new purpose for the area and made an offer to the German Football Federation (DFB)." The DFB "has b ...

Tags: Franchises, Europe

03/13/14
Valencia Denies Neglecting Info Requests

Valencia's Administrative Council released a statement regarding recent reports related to the club's upcoming sale . The statement said, "Valencia FC wishes to clarify the following points: We roundly deny that Valencia FC has neglected, in any way, any request for information in the process of th ...

Tags: Europe, Franchises

03/13/14
Franchise Notes

Atletico Paranaense, the Brazilian club whose stadium was threatened with expulsion from the World Cup because it was behind schedule, has "denied that money for construction work was diverted to pay for a player" ( REUTERS, 3/12 ). ... A colorful skyline and hundreds of kites "soaring across va ...

Tags: Franchises

03/12/14
Barça Offers Prosecutors A Deal

Barcelona "wants to close the case against the club over suspected fraud in the signing of Neymar as soon as possible," according to Fernando J. Pérez of EL PAIS. Legal sources indicated that Barcelona "expressed its willingness to reach an agreement in which it would admit to defrauding th ...

Tags: Europe, Franchises

03/12/14
Liga MX Queretaro's Future Undecided

There are "currently no certainties regarding the futures" of Liga MX side Queretaro and Mexican second division club Delfines del Darmen, which are both owned by Amado Yáñez, according to Héctor González Villalba of LA AFICION. Yáñez's company, Oceanografia ...

Tags: Franchises, North America

03/12/14
ManU Unveils New Medical Facility

ManU and Toshiba Medical Systems on Tuesday unveiled a new medical facility at the Aon Training Complex. The partnership has seen Toshiba install scanning equipment to help with early diagnosis of injury, improve player welfare and also facilitate research into early markers of potentially preventab ...

Tags: Franchises, United Kingdom

03/11/14
Serie A Side Lazio Fans Boycott Match

Serie A side Lazio supporters boycotted Sunday's home match against Atalanta "in protest" at President Claudio Lotito's running of the club, according to the BBC. Fan anger "has grown amid poor league form, a lack of incoming transfer activity and the January sale of playmaker Hernanes to Inter Mila ...

Tags: Franchises, Europe

03/10/14
Carson Yeung Hit With 6-Year Sentence

League Championship side Birmingham City Owner Carson Yeung was "sentenced to six years in jail on Friday by a Hong Kong court" for laundering HK$720M, according to Heather Saul of the London INDEPENDENT. His sentence "follows a high-profile trial that shone a spotlight on how the barber-turned-busi ...

Tags: Franchises, United Kingdom

03/10/14
Green: Worth Double What Rangers Paid

Former Scottish League 1 Rangers CEO Charles Green insisted that "he was worth double the money Rangers paid him," according to Alan Marshall of the Scotland DAILY RECORD. The "outspoken Yorkshireman" pocketed £933,000 -- including severance money and bonus -- "for his 10 months at Ibrox." He ...

Tags: Franchises, United Kingdom

03/10/14
Liga MX Queretaro Under Investigation

The " huge legal problems " that Liga MX side Queretaro's parent company, Oceanografia, is facing have "finally caught up" with the club, according to Jonny Rico of SOCCERLY. The Mexican government agency "equivalent to the U.S. Internal Revenue Service" has "taken hold of the headquarters of Oceano ...

Tags: Franchises, North America

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