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Volkswagen Reshuffles Management Team, Appoints Sven Smeets As Motorsport Director

Published in SportsBusiness Daily Global on 08 / 30 / 16

Sven Smeets Volkswagen Motorsport has reshuffled its management team following the departure of Motorsport Dir Jost Capito. The motorsports department of the German car brand on Monday announced the appointment of ...

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Tags: Franchises, Europe

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07/18/16
Prosecutor To Appeal Court Judgment

The Spanish state prosecutor "will appeal last week's court judgement to reject criminal charges" in a case brought on behalf of Brazilian third-party investor DIS, which claims it was "cut out" of Neymar's summer '13 transfer to Barcelona, according to Dermot Corrigan of ESPN.com. On Friday, Audi ...

Tags: Europe, Franchises

07/18/16
Brumbies Trying To Improve Finances

Super Rugby side ACT Brumbies is "using free pies and parking to lure a big crowd" for the Super Rugby quarterfinal against the Otago Highlanders at Canberra Stadium on Friday night, according to David Polkinghorne of the CANBERRA TIMES. Brumbies interim CEO Phil Thomson was "unconcerned about ...

Tags: Franchises, Australia

07/15/16
Swansea City To Grow Brand In U.S.

Swansea City faced off against USL side Charlotte Independence on Wednesday. EPL side Swansea City has no expectations of repeating Leicester City’s feat of winning the league title, but hopes i ...

Tags: Franchises, United Kingdom, North America

07/15/16
Tottenham To Play CL Games At Capacity

Tottenham announced that all three of its Champions League group games at Wembley "will be played to the stadium's full 90,000 capacity," according to SKY SPORTS. Wembley and the FA "agreed in May to host Spurs in Europe next season" and for all it ...

Tags: Franchises, United Kingdom

07/15/16
AC Milan Sale To Be Signed Next Week

The sale of a 70% stake in AC Milan "will be signed by next week, claim sources close to the negotiations on China Daily," according to FOOTBALL ITALIA. Club President Silvio Berlusconi's recent heart surgery "contributed to the postponement of the deal." The Chinese conglomerate is "still shro ...

Tags: Franchises, Europe

07/15/16
New Minority Owners To Be Very Involved

New NBA Minnesota Timberwolves Minority Owners Meyer Orbach and Lizhang Jiang were in Las Vegas this week for meetings and to watch the NBA Summer League and both "made it clear" that buying into the team "was the perfect combination of business and pleasure," according to Kent Youngblood of the Min ...

Tags: Franchises, China, North America

07/14/16
Zamparini Weighs Two Takeover Bids

Serie A side Palermo President Maurizio Zamparini has confirmed "he is pondering two offers to buy his club," one from the U.S. and one from Asia, according to Ben Gladwell of ESPN.com. Real estate businessman Frank Cascio is "believed to be the man heading a bid" to buy the club after being pu ...

Tags: Europe, Franchises

07/13/16
Court Dismisses Case Against RBS

A N.Y. state court judge on Tuesday dismissed the five-year-old case against Royal Bank of Scotland for its role in the controversial sale of Liverpool. Mill Financial, a lender to the club at the time of the '10 sale, contended RBS had orchestrated a below market sale, thereby wiping out the U.S. l ...

Tags: Franchises, United Kingdom, North America

07/13/16
Spanish Tax Agency Criticizes Campaign

Barcelona's social media campaign in support of Lionel Messi, following his conviction for tax fraud last week, has been criticized by "a representative of workers at Spain's tax authority," according to Dermot Corrigan of ESPN.com. Barcelona launched a "controversial"  #WeAreAllLeoMessi c ...

Tags: Europe, Franchises

07/13/16
Spanish Club Gipuzkoa Registers In LEB

Spanish Basketball League (ACB) club Gipuzkoa Basket "is saying goodbye" to the league, according to AS. The club, which was invited by the ACB to remain in the top flight of Spanish basketball after finishing in last place in '16, "has encountered too many problems to meet the requirements and form ...

Tags: Europe, Franchises

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