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National Rugby League Side Canterbury Gets Government OK For $93M Project

04 / 18 / 14

National Rugby League side Canterbury Bulldogs "has received the government's go-ahead" for a A$100M ($93M) project "to transform its premises at Belmore into a six-star hotel and create new revenue streams that should guarantee the financial security and strength of the Bulldogs," according to Dani...

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Tags: Franchises, Australia

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01/29/14
Lotus Sells Stake To Russian Backer

Lotus F1 team Owner Genii Capital "has agreed to sell a stake in the squad to new Russian backer Yota Devices Company," according to Kabanovsky & Noble of AUTOSPORT. The Enstone-based team announced a sponsorship deal with YotaPhone last week. But as well as using its brand to enhance the profil ...

Tags: Franchises, United Kingdom

01/29/14
Barça Signs Deal With Retailer Replay

Retailer Replay has signed a four-year deal with Barcelona to "provide their clothing for both formal and casual occasions," according to Paul Collins of the London DAILY MAIL. Commercial and sponsorship deals are "increasing fashion among the world's biggest clubs as they look to maximise revenue a ...

Tags: Franchises, Marketing and Sponsorship

01/29/14
Barcelona Could Be Charged $86M

The "big question" regarding Barcelona's signing of Neymar -- which was recently revealed to cost the club a transfer fee of €86.2M -- is whether Barcelona or Neymar "has paid the Spanish tax authorities for the €50M that went to Neymar's father's company, N&N," according to Ind ...

Tags: Franchises, Europe

01/29/14
Serie A Cagliari Owner Considering Sale

Serie A Cagliari Owner Massimo Cellino is "reportedly in talks with Qatar Sport Investments over a proposed takeover" of the club worth €70M-€80M ($95.6M-$109.3M), according to FOOTBALL ITALIA. Cellino, a Miami-based businessman, "has increasingly hinted at his discontent with life running ...

Tags: Europe, Franchises

01/28/14
Lawsuit Against Rosell Remains

Jordi Cases, the Barcelona member who took "legal action" against former Barcelona President Sandro Rosell, "insisted that he will not withdraw the lawsuit" until the club "provides him with written guarantees that no retaliatory action will be taken against him after he steps back," according to Sa ...

Tags: Europe, Franchises

01/28/14
Racing Players Call For Board's Resignation

Spanish third division side Racing Santander's players "have delivered an ultimatum to the club's directors," according to the EFE. Racing Santander captain Mario Fernández read from a statement on Monday "announcing the the decision to not take the field of play for the team's next game -- a ...

Tags: Europe, Franchises

01/28/14
Valencia Boss Criticizes Lender Bankia

La Liga side Valencia President Amadeo Salvo has criticized the club's lender, Spanish bank Bankia, "saying a football club is not a 'chorizo business,'" according to Dermot Corrigan of ESPN. Bankia and accounting firm KPMG have "reportedly already discarded the public offer made by Peter Lim as the ...

Tags: Franchises, Europe

01/27/14
Barcelona Details Neymar Acquisition

The deal to sign Neymar cost Barcelona €86.2M, including payments to the forward and his family, the club said on Friday after the player's father agreed to free the club of confidentiality agreements in the contracts, according to Iain Rogers of REUTERS. Neymar's transfer from Brazilian side S ...

Tags: Europe, Franchises

01/27/14
Lopez Named Lotus F1 Team Principal

Gerard Lopez replaced Frenchman Eric Boullier as principal of "the unsettled Lotus Formula One team," according to Alan Baldwin of REUTERS. The news "triggered speculation that Boullier could be heading to McLaren." McLaren, who had a miserable '13 season without a single podium finish, has yet to ...

Tags: Franchises

01/27/14
Franchise Notes

Barcelona introduced a new greeting at the club's Camp Nou stadium over the weekend. Starting with Sunday's La Liga game against Malaga, the club will "welcome international fans to the stadium" with a message played in English over the loudspeaker: "Visitors from all over the world, welcome to Camp ...

Tags: Franchises

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