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Executive Transactions

Published in SportsBusiness Daily Global on 11 / 26 / 14

The Greek Super League elected Asteras Tripolis President GIORGOS BOROVILOS as president on Monday "after he secured 13 votes out of the 16 teams in the league," with Panthrakikos President DIMITRIS TZELEPIS elected as his deputy ( REUTERS, 11/25 ). ... The NBA announced that JAN MENNEKEN h...

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Barcelona Fans Packing Camp Nou

Through five home La Liga matches at the Camp Nou this season, Barcelona's average attendance is 73,579, according to Sergi Solé of MUNDO DEPORTIVO. The "excitement generated" by new Manager Luis Enrique appears to "have had a direct effect on the fan base," as that figure is "greater than t ...

Tags: Europe, Franchises

Somers Reveals Why Rangers Passed

Scottish Championship side Rangers Chair David Somers "lifted the lid on why the club knocked back Dave King's offer of investment," according to the Scotland DAILY RECORD. Somers claimed that the South African-based businessman "failed to provide proof of funds and that made it impossible for the ...

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Caterham Accused Of 'Burying Bad News'

Caterham’s administrators "have been accused of cynically 'burying bad news' by flaunting the success of their fans donations scheme on the day they laid off all 200 staff," according to Daniel Johnson of the London TELEGRAPH. Despite still being £400,000 ($626,000) short of their "crowd ...

Tags: Franchises, United Kingdom

Cricketer Named Co-Owner OF HHIL Club

Indian cricketer Suresh Raina has become the second cricketer to be associated with the Hero Hockey India League after he was named on Monday as the co-owner of the Uttar Pradesh Wizards franchise, according to the PTI. Raina's association with HHIL comes "closely on the heels" of Mahendra Singh Dho ...

Tags: Franchises, India

Franchise Notes

Scottish Premiership side Motherwell "will delay the appointment of a new manager until ownership issues surrounding the Fir Park outfit have been resolved." Supporter group The Well Society said that it remains "hopeful of completing a deal to bring the club into community ownership" ( STV, 11/17 ...

Tags: Franchises

Caterham Raises $2.9M To Race In Final

The Caterham F1 team said that "it raised enough money from a crowd-funding website to compete at the Nov. 23 season-ending race in Abu Dhabi," according to Alex Duff of BLOOMBERG. The team was seeking to raise £2.35M ($3.7M) on Crowdcube Ltd.’s website. The team had raised £1.87M ...

Tags: Franchises, United Kingdom

Ex-Player Creates Campaign To Buy Club

Scottish Championship side Hibernian has "welcomed the creation of a fans campaign led by club legend Pat Stanton to buy the Edinburgh club," according to the BBC. Club CEO Leeann Dempster said, "We look forward to having a positive conversation with BuyHibs so that we can understand their proposals ...

Tags: Franchises, United Kingdom

Rugby Club Looking For Talent In Asia

French rugby club Racing Metro is "hoping to identify a young player from Hong Kong and turn that talent into a Top 14 league player," according to Kevin Kung of the SOUTH CHINA MORNING POST. Confirming the club's interest in broadening its appeal in Hong Kong, Racing Metro CEO Arnaud Tourtoulou sai ...

Tags: Franchises, Europe, China

Frankfurt Looking For Several Investors

Bundesliga side Eintracht Frankfurt "is looking to attract several investors to secure its long-term future in Germany's top flight," according to T-ONLINE. However, in comparison to league rivals Hertha Berlin or Hamburg SV the club is not looking for a single major investor but several investors. ...

Tags: Franchises, Europe

Scottish Rangers Fans Question Bailout

Scottish Championship side Rangers fans on Wednesday "demanded greater transparency" from club shareholder Mike Ashley and "told the board to stop blaming them for their financial woes," according to McLeod & Ralston of the Scotland DAILY RECORD. A new marketing deal, welcomed by the board as a ...

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