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EPL's Manchester City Partners With MLB Yankees To Own MLS Expansion Team In N.Y.05 / 22 / 13Major League Soccer Tuesday morning announced New York City FC, a partnership between EPL club Man City and MLB N.Y. Yankees, will begin play in '15 as the league's 20th team. The club will begin play in an interim venue since it has yet to complete a deal for a new, football-specific stadium. MLS f... Tags: Franchises, North America |
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Suwon Mayor Confident Of 10th Team
South Korean city Suwon Mayor Yeom Tae-young believes that the Korea Baseball Organization's 10th team, which will be owned by telecoms company KT, "will be very popular out of the gate and eventually allow Suwon to challenge Seoul's status as the country's top sports city," according to Jung Min-ho ...
Tags: Franchises, Asia
Rabbitohs Co-Owner Not Selling Stake
National Rugby League side South Sydney Rabbitohs co-Owner Peter Holmes a Court has "indicated he will not be selling" his 37.5% stake in the Rabbitohs, according to Brad Walter of the SYDNEY MORNING HERALD. Holmes a Court "has been in discussions" with business partner and actor Russell Crowe and S ...
Tags: Franchises, Australia
HSV Handball To Restructure Itself
German Handball Bundesliga (HBL) club HSV Hamburg "is restructuring itself as a limited partnership business entity," according to HANDBALL WORLD. Thereby, the club "is opening itself up to potential new investors." HSV Managing Dir Christoph Wendt said, "Our goal is to put HSV Handball on a broader ...
Tags: Franchises, Europe
HMRC To Appeal Rangers Tax Case
U.K. tax authority HMRC "has been granted permission to appeal" the tax case it lost last year against Scottish Third Division side Rangers, according to Mike Farrell of STV. HMRC confirmed that it "had been given the go-ahead in the case" on Monday after applying for leave to appeal in December. A& ...
Tags: Franchises, United Kingdom
NRL Co-Owner Pondering Sell Of Shares
National Rugby League side South Sydney Rabbitohs co-Owner Peter Holmes a Court "is set to announce this week" whether to join actor Russell Crowe in selling his 37.5% stake in the club, according to Brad Walter of the SYDNEY MORNING HERALD. Holmes a Court "has been considering what to do with his s ...
Tags: Franchises, Australia
Rangers Lose $10M In Compensation
Scottish Third Division Rangers suffered a £6M ($9.5M) "hammer blow" Wednesday when their compensation claim against six former players was thrown out at Hampden, according to Keith Jackson of the Scotland DAILY RECORD. But the club has "vowed to fight on" in a bid to reclaim the cash CEO Char ...
Tags: United Kingdom, Franchises
Salford City Takeover Completed
Kuwait-born businessman Marwan Koukash "has completed his takeover" of Super League rugby side Salford City Reds, according to the BBC. Koukash, who is based in Liverpool, "had been in discussions to buy the troubled club for more than a month." Koukash said, "No other club in the sport has the pote ...
Tags: Franchises, United Kingdom
DEL CEO Says DEG Needs Investors Now
German Hockey League (DEL) CEO Gernot Tripcke "sees only a future for the financially struggling Dusseldorf EG in the DEL if the club receives support from large-scale investors," according to SPOX. Tripcke said, "It is certainly not enough to count only on 'young guns' and on the motto: 'We will do ...
Tags: Franchises, Europe
A-League Club Could Get Asian Owners
Football Federation Australia insists that "it is delighted by the prospect of another A-League club" moving toward foreign ownership, after the Central Coast Mariners revealed that two Asian clubs "were in talks to inject substantial capital" into the Gosford-based club, according to Tom Smithies o ...
Tags: Franchises, Australia, China
News Ltd. May Sell Brisbane Broncos
News Ltd. "may consider selling its majority stake" in the National Rugby League Brisbane Broncos "in a historic move as the media company continues its strategic exit from rugby league," according to Walter & Lutton of the BRISBANE TIMES. Sources said that "an accounting firm had been engaged t ...
Tags: Franchises, Australia



