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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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07/24/14
Franchise Notes

Spanish second division side Real Valladolid is "no longer in bankruptcy," which it entered in Dec. '11. A Spanish court on Tuesday announced its approval of an agreement on a payment plan between Valladolid and its creditors. With "this ruling, the team's creditors, Ricardo Nieto Sampayo and Juan B ...

Tags: Franchises, Europe

07/23/14
Part-Owner Withdraws Financial Support

Israeli Premier League club Hapoel Tel Aviv "was plunged into turmoil on Monday after part-Owner Ido Hagag announced he was leaving the club," according to Allon Sinai of the JERUSALEM POST. Hagag "decided to withdraw his financial backing after a group of drunk supporters came to his home and tried ...

Tags: Franchises, Middle East

07/23/14
Scottish Rangers To Create Fans' Board

Scottish Championship side Rangers supporters will be given a "louder voice next season with the creation of an official fans' board," according to Sam Shedden of the Scotland DAILY RECORD. An external, independent nominations committee -- which includes former team captain David Weir and Scottish r ...

Tags: Franchises, United Kingdom

07/23/14
Franchise Notes

Continental cycling team Fundación Euskadi Manager Miguel Madariaga confirmed the team "will disappear following the Vuelta a Burgos" race on Aug. 17. The 21-year-old team "lacks the economic capacity to complete the season." No sponsor "has emerged to save the club" and Madariaga said, "The ...

Tags: Franchises

07/21/14
Doncaster Rovers Takeover Called Off

Former League One side Doncaster Rovers Chair John Ryan, who "was set to take over" the club with One Direction singer Louis Tomlinson, "has said the deal is off," according to the BBC. A statement "purporting to be sent on behalf of the Tomlinson Ryan Trust" said the deal was "in serious doubt" bec ...

Tags: Franchises, United Kingdom

07/21/14
Real Zaragoza's Iglesias Weighing Options

Former Spanish second division side Real Zaragoza Owner Agapito Iglesias "still does not know who he will sell his remaining shares to ," according to Christian Ortiz of MARCA. Iglesias "cannot delay his decision much longer, but it seems as though he will wait until the last minute." His idea "is ...

Tags: Franchises, Europe

07/21/14
Rummenigge Criticizes League Opponents

Bayern Munich Exec Chair Karl-Heinz Rummenigge "criticized the club's Bundesliga opponents after they declined his request to delay the start of the league for another week," according to the AUGSBURGER ALLGEMEINE. At a manager meeting, Rummenigge "proposed to delay the start of the '14-15 Bundeslig ...

Tags: Franchises, Europe

07/21/14
Indian Super League To Begin Draft

Six of the eight franchises in the "IMG Reliance and Star India-promoted Hero Indian Super League" will be "selecting 14 domestic players for their teams in the player drafting process to be held from Monday to Wednesday," according to Urvi Malvania of the Indian BUSINESS STANDARD. The Goa and Guwah ...

Tags: Franchises, India

07/21/14
Rangers Fans Demand Ibrox Assurances

Around 1,000 Scottish Championship side Rangers fans "staged a march to Ibrox to demand the stadium's future is protected by the board," according to Richard Wilson of the BBC. The demonstration was organized by the "supporters group, Sons of Struth, which has held several protests against directors ...

Tags: United Kingdom, Franchises

07/18/14
NRL Parramatta Eels Cap-Strapped

National Rugby League side Parramatta is "shelling out" more than A$750,000 ($702,000) this season to players that are "no longer at the club, contributing to a salary cap nightmare they admit leaves their hands tied when attracting big-name recruits to Pirtek Stadium," according to Chris Barrett of ...

Tags: Franchises, Australia

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