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Michelin Says Tires Used In Formula E Could Hit Roads In Three To Five Years

Published in SportsBusiness Daily Global on 04 / 01 / 15

Michelin’s involvement in Formula E is accelerating the implementation of new developments in road tires, according to a senior exec at the company. The technological aspect is one of three pillars Michelin looks at when entering a motorsports series, said Chris Baker, motorsports director at...

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08/08/13
McColl Rejects Rangers Investment Offer

Scottish businessman Jim McColl "has rejected a call" from Scottish Second Division Rangers' major shareholder Charles Green to invest £14M ($22M) into the crisis-hit club by Friday or "stop demanding changes to the Ibrox boardroom," according to Campsie & McConnell of the HERALD SCOTLAND. ...

Tags: Franchises, United Kingdom

08/08/13
Evidence Of Police-Gang Connection

Argentine judge Manuel De Campos, who is reviewing a case including 15 charges against Argentine first division side Boca Juniors barra brava (football gang) La Doce, has "proof of a connection between at least two police officers and La Doce leaders," according to Gustavo Yarroch of CLARIN. On Tues ...

Tags: South America, Franchises

08/07/13
AS Roma Continues Global Rebranding

Serie A club AS Roma has "taken steps to create a brand name that is recognized worldwide" under team Owner and NBA Boston Celtics investor James Pallotta, according to Julian Cardillo of the BOSTON GLOBE. This summer has "been of particular importance to Roma as they've unveiled a new logo, which a ...

Tags: Franchises, Europe

08/07/13
Watchdog Criticizes Rangers Charity

The Office of the Scottish Charity Regulator "found misconduct in the organisation of a charity dinner and football match between Rangers Legends and AC Milan Glorie in March last year," according to the HERALD SCOTLAND. The foundation "agreed to forego most of its share of the proceeds in favour of ...

Tags: Franchises, United Kingdom

08/07/13
Arrest Warrant For Ex-Hearts Owner

Scotland prosecutors have said that former Scottish Premier League Hearts Owner Vladimir Romanov "is suspected of large-scale embezzlement" at collapsed Lithuanian bank Ukio Bankas, where he was former majority shareholder, according to Brian Donnelly of the HERALD SCOTLAND. An int'l arrest warrant ...

Tags: Franchises, United Kingdom

08/06/13
Smith Resigns As Rangers Chairman

Scottish Second Division Rangers Chair Walter Smith "has resigned" less than four months after he was appointed, according to the LONDON TIMES. His resignation "follows a bitter power struggle at Ibrox," and comes only three days after former CEO Charles Green returned to the club as a consultant. S ...

Tags: Franchises, United Kingdom

08/06/13
Shah Rukh Khan To Bid For Kolkata

Bollywood actor Shah Rukh Khan "is planning to bid" for the Kolkata franchise of the new league promoted by the All India Football Federation and IMG-Reliance, according to IANS. Shah Rukh said that "he was interested in buying stakes in the successful Goan I-League club Dempo but now with ...

Tags: Franchises, India

08/06/13
Moratti: Thohir Deal A Necessity

Inter Milan Owner Massimo Moratti said that he has decided to sell at least part of his shares to Indonesian magnate Erick Thohir "in order to increase revenue and make the brand global," according to FOOTBALL ITALIA. Serie A President Maurizio Beretta said, "This vision of the future need ...

Tags: Franchises, Europe

08/06/13
Spanish Side Huesca Denies Favoritism Claims

Spanish second division side Huesca could be relegated to the Spanish third division, "depending on whether Alcorcón is relegated 'for financial irregularities.'" according to AS. Huesca will play in the second division next season only if "Alcorcón, under investigation for financial i ...

Tags: Franchises

08/05/13
Coventry City Faces Liquidation

The future of League One side Coventry City "is uncertain after a proposed company voluntary agreement was rejected, leaving the club to warn that its parent company faces liquidation," according to Roger Blitz of the FINANCIAL TIMES. The immediate prospect for the club "is a 10-point deduction at t ...

Tags: Franchises, United Kingdom

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