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Newcastle United Reportedly Receives £300M Bid From PCP Capital Partners

Published in SportsBusiness Daily Global on 11 / 22 / 17

Premier League side Newcastle United received a formal bid of "almost" £300M ($397M) for the club from PCP Capital Partners, the private investment firm fronted by financier Amanda Staveley, according to Jason Mellor of the LONDON TIMES....

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N.Y. Club Set To Join RFL By '20

A N.Y. team is "set to join the Rugby Football League" by '20 with the aim of reaching Super League, according to George Clarke of the London DAILY MAIL. A consortium was asked to submit a business plan to the RFL last month and the "unveiling of the side is set to take place in October," ahead of t ...

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Franchise Notes

The McLaren Formula 1 team "may have no choice but to stay with Honda next season " after the Japanese manufacturer played down talk of a switch to Toro Rosso and Renault said that "supplying more than three teams would hurt their current partners." Honda is "keen to continue with McLaren," ...

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Dortmund Partners With Shandong

Bundesliga side Borussia Dortmund signed an "exclusive partnership" with Chinese Super League side Shandong Luneng as the club attempts to expand its footprint in China, according to the AFP. Dortmund is "making a big push to attract new fans" in C ...

Tags: Franchises, Dortmund

Piqué Addresses Pictures With Neymar

Barcelona's Gerard Piqué said that photographs posted on social media this week by Barcelona players with Neymar "should not be interpreted as a message to the club's board," according to Sam Marsden of ESPN.com. Hours after Barcelona announced it was "suing Neymar for a breach of h ...

Tags: Europe, Franchises

Former Captain To Help Fans Buy NRL Club

Former National Rugby League side New Zealand Warriors captain Monty Betham "entered formal discussions" with Eric Watson about buying the Auckland-based club, according to David Skipwith of the NEW ZEALAND HERALD. Betham last week suggested Warriors fans "launch a crowdfunding campaign to buy ...

Tags: Franchises, New Zealand

Potential NZ Warriors Buyer Pulls Out

Auckland businessman Paul Davys "abandoned plans to buy" National Rugby League side New Zealand Warriors after his bid was rejected by Owner Eric Watson, according to David Skipwith of the NEW ZEALAND HERALD. Davys confirmed he would "not be following through with plans to buy" the franchise, blamin ...

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CFG Purchases Stake In La Liga Side Girona

Man City's parent company, City Football Group, made La Liga side Girona "the sixth club of its widening portfolio" after confirming a deal to purchase a "major stake" in the club, according to Jamie Jackson of the London GUARDIAN. The terms give CFG a 44.3% share and an "identical holding to Girona ...

Tags: Europe, Franchises

Neymar To Fight Barcelona's Claim

Neymar will "fight a claim by Barcelona for compensation" following his move to Paris St. Germain and "has also promised to battle his old club" for part of his '16 contract renewal premium which he claims has not been paid, according to the PA. Neymar and his lawyers "released a joint statement" in ...

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Western Force Win Right To Appeal

An NSW Supreme Court judge granted the Western Force "the right to appeal the Australian Rugby Union's decision to axe the team" from Super Rugby, according to the AAP. Justice David Hammerschlag said on Wednesday that he had read written submissions from the Force and the ARU and "believed an ...

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Dunfermline Apologizes To Fans

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