Featured Story

Int'l Cycling Union Confirms Astana Will Keep WorldTour License

Published in SportsBusiness Daily Global on 04 / 27 / 15

The Int'l Cycling Union (UCI) on Thursday confirmed that its Licence Commission has "opted not to revoke" the WorldTour license from the Astana team, but will "instead keep its existing registration as long as it complies with 'special measures,'" according to CYCLING NEWS. The announcement "did not...

Read More

Tags: Franchises, Europe

More Stories

12/30/14
Omani Sultan To Take Over Belgian Club

The Sultanate of Oman is "set to become a majority shareholder" in Belgian Jupiler Pro League club Mouscron-Péruwelz, according to Samindra Kunti of INSIDE WORLD FOOTBALL. As a result, Ligue 1 club Lille will "end its partnership with the Belgian club." Lille is a "majority shareholder in Mou ...

Tags: Europe, Franchises

12/30/14
Hibernian Closer To Fan Ownership

Scottish Championship side Hibernian has announced plans to "allow supporters to purchase shares that would give them up to 51% ownership of the club," according to Brian McLauchlin of the BBC. Up to £2.5M ($3.9M) worth of shares "will be made available and this will dilute the holding company ...

Tags: Franchises, United Kingdom

12/29/14
West Ham To Sell 20% Of Club

EPL side West Ham co-Owner David Sullivan said that the club is trying to raise £80M ($128M) to clear some of its debt "by selling 20 percent of the club," according to Ed Osmond of REUTERS. Sullivan said that West Ham would be worth £400M ($622M) when it moves to London's Olympic Stadi ...

Tags: Franchises, United Kingdom

12/29/14
Real Madrid Returns To Gulf Region

Real Madrid's second visit to the Gulf region in '14 will give the team a "showcase to promote the Real Madrid brand" and €4M ($4.9M), according to José Félix Díaz of MARCA. The club began the year with a match against Paris St. Germain in Qatar and will "see it out" by fac ...

Tags: Franchises, Europe

12/29/14
Scottish Rangers Find New Investor

Motor group mogul Douglas Park has "stepped forward" to lead a £6.5M ($10M) investment plan in "crisis club" Scottish Championship side Rangers by "the Three Bears," according to Gary Ralston of the Scotland DAILY RECORD. Park has "joined forces with wealthy Rangers fans George Letham and Geor ...

Tags: Franchises, United Kingdom

12/23/14
Scottish Rangers' Financial Woes Deepen

Scottish Championship side Rangers' "financial woes deepened when the board failed to persuade shareholders to back a rights issue, leaving it to confront a bleak funding gap into the new year," according to Roger Blitz of the FINANCIAL TIMES. The vote to defeat the board resolution "capped a tumult ...

Tags: Franchises, United Kingdom

12/22/14
Qatar Eyeing EPL Tottenham Hotspur

Qatar's U.K. "trophy cabinet boasts Harrods, a stake in Barclays Bank and Chelsea Barracks, but has one omission: no Premier League football club," according to Roger Blitz of the FINANCIAL TIMES. Could that be "about to change?" Qatar "appears to be interested" in the Premier League -- and one club ...

Tags: Franchises, United Kingdom, Middle East

12/22/14
Melbourne Rebels Could Be On The Move

National Rugby Championship side New South Wales Country Eagles Owner Rick Hutchison has devised a plan to "relocate the Melbourne Rebels Super Rugby team" to regional centers in NSW and Queensland if the "financially struggling franchise folds," according to Bret Harris of THE AUSTRALIAN. The Rebel ...

Tags: Franchises, Australia

12/22/14
Franchise Notes

The owners of League One side Coventry City have launched "further court action against Coventry City Council." The move "is understood to relate to the sale of the stadium." A statement issued by Sisu Capital said, "We believe that some of the decisions the council has made were not taken in the be ...

Tags: Franchises

12/19/14
Hopp To Become Majority Owner Of TSG

SAP co-Founder Dietmar Hopp "is expected to become the majority owner of Bundesliga side TSG Hoffenheim" in '15, according to the SID. The German Football League (DFL) on Thursday confirmed that Hopp "will be allowed to take over the majority ownership on July 1." Hopp is therefore avoiding the so-c ...

Tags: Franchises, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug