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Ford To Retire Falcon, V8 Supercars Future Uncertain After Melbourne Plant Closes In '16

05 / 24 / 13

Falcon's presence on the V8 Supercars grid "appear to be numbered following the carmaker's decision to end local manufacturing" in '16, according to Peter Kogoy of THE AUSTRALIAN. The company "stunned the sport" Thursday when it confirmed it would close down its Broadmeadows assembly ...

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Tags: Franchises, Australia

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12/05/12
Salford In Line For Rescue Fund

English Super League club Salford Reds "are poised to receive a bailout" of up to £1.5M ($2.4M) to secure a takeover of the club by supporters, according to Jennifer Williams of the MANCHESTER EVENING NEWS. Salford City Council chiefs "hope to pledge a loan facility" of up to £750,000 ($ ...

Tags: United Kingdom, Franchises

12/04/12
Hearts Pay Off Tax Bill

Scottish Premier League club Heart of Midlothian was due to pay off the £450,000 ($724,635) tax bill, which at one stage "threatened to put the club out of business," according to Barry Anderson of the SCOTSMAN. The final instalment was due Monday, and club officials "were set to process the m ...

Tags: Franchises, United Kingdom

11/30/12
Liquidators To Probe Rangers Fall

Liquidators "have officially launched a full-scale probe into the circumstances surrounding the sinking of" Scottish Third Division Rangers, "which could lead to criminal prosecutions and legal cases worth tens of millions of pounds," according to Keith Jackson of the Scotland DAILY RECORD. London a ...

Tags: Franchises, United Kingdom

11/30/12
Can Jags Become London's Team?

The NFL Jacksonville Jaguars in '13 will begin the first year of a four-year commitment to the NFL Int'l Series, "effectively marking them out as 'London's team', at least in the short term," according to Simon Veness of the London GUARDIAN. While the Jaguars "may not be the sexiest vehicle in which ...

Tags: Franchises, United Kingdom, North America, NFL

11/29/12
Elgin Fined $40K For Ticket Scandal

Scottish Third Division club Elgin City has been hit with a £25,000 ($40,000) fine by the Scottish Football League after the cancellation of Sunday's game against Rangers, "with the Moray club also ordered to pay compensation to the Ibrox side," according to Craig P. Stewart of the SCOTSMAN. C ...

Tags: Franchises, United Kingdom

11/28/12
Hearts Chief May Lease Tynecastle

Scottish Premier League Heart of Midlothian Owner Vladimir Romanov is "considering keeping Tynecastle Stadium and leasing it back to Hearts when he agrees to sell his majority shareholding in the club," according to Barry Anderson of the SCOTSMAN. A debt repayment plan may also be included in any de ...

Tags: Franchises, United Kingdom

11/28/12
Red Bull Racing Employees Get Bonus

All 550 Red Bull Racing employees will receive a £10,000 ($16,000) bonus after driver Sebastian Vettel helped his team win the constructors' title at the U.S. Grand Prix Nov. 18, according to Phil Duncan of the London DAILY MAIL. Team principal Christian Horner "stressed that the key ingredien ...

Tags: Franchises, United Kingdom

11/27/12
SFL To Deal With Elgin Ticket Fiasco

The Scottish Football League could reach a decision as early as Tuesday on "how to deal with" Third Division Elgin City, after the club’s match with Rangers was called off because too many tickets had been sold, according to Stuart Bathgate of the SCOTSMAN. SFL CEO David Longmuir reiterated th ...

Tags: Franchises, United Kingdom

11/27/12
Crowe's Exit Will Not Impact Sponsors

National Rugby Leagues side South Sydney Rabbitohs CEO Shane Richardson said that "the imminent departure of Russell Crowe as a co-owner of the club would not have a detrimental impact," on the club, according to Daniel Lane of the SYDNEY MORNING HERALD. Crowe's star power has been widely acknowledg ...

Tags: Franchises, Australia

11/27/12
Eels Bid To Bend Rules Falls Flat

Reaction to National Rugby League club Parramatta Eel's "bold plan to circumvent the A$5M ($5.2M) salary cap next season to accommodate Israel Folau was predictable but emphatic: the Eels' rivals would only welcome such a move if they were afforded the same concessions," according to Glenn Jackson o ...

Tags: Franchises, Australia

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